Madhusudan Industries Ltd
₹ 58.9
-0.34%
22 Nov
- close price
About
Madhusudan Industries Limited (MIL) was incorporated on 27th August 1945 under the name ''Madhusudan Vegetable Products Company Limited''.
Presently, the company is engaged in the business of Leasing properties and providing ancillary services along with the horticulture business.
Key Points
- Market Cap ₹ 31.7 Cr.
- Current Price ₹ 58.9
- High / Low ₹ 86.8 / 48.7
- Stock P/E 24.4
- Book Value ₹ 58.0
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 8.51 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 1.02 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.19% over past five years.
- Company has a low return on equity of 9.87% over last 3 years.
- Earnings include an other income of Rs.1.70 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.84 | 0.86 | 0.91 | 0.93 | 1.06 | 1.10 | 1.15 | 0.75 | 0.91 | 1.08 | 1.16 | 1.22 | 1.25 | |
| 0.55 | 0.52 | 1.10 | 0.96 | 1.27 | 1.12 | 1.30 | 2.68 | 0.95 | 0.80 | 0.80 | 1.09 | 1.13 | |
| Operating Profit | 0.29 | 0.34 | -0.19 | -0.03 | -0.21 | -0.02 | -0.15 | -1.93 | -0.04 | 0.28 | 0.36 | 0.13 | 0.12 |
| OPM % | 34.52% | 39.53% | -20.88% | -3.23% | -19.81% | -1.82% | -13.04% | -257.33% | -4.40% | 25.93% | 31.03% | 10.66% | 9.60% |
| 0.65 | 0.37 | 0.59 | 0.66 | 3.17 | 1.56 | 0.53 | 0.68 | 4.93 | 3.11 | 3.15 | 3.03 | 1.70 | |
| Interest | 0.07 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Depreciation | 0.15 | 0.13 | 0.22 | 0.26 | 0.19 | 0.14 | 0.13 | 0.11 | 0.10 | 0.11 | 0.13 | 0.10 | 0.10 |
| Profit before tax | 0.72 | 0.58 | 0.18 | 0.37 | 2.77 | 1.40 | 0.25 | -1.36 | 4.79 | 3.28 | 3.38 | 3.06 | 1.72 |
| Tax % | -0.00% | -0.00% | -0.00% | 29.73% | 24.19% | 23.57% | 32.00% | -28.68% | 25.05% | 23.78% | 28.99% | 24.18% | |
| 0.72 | 0.58 | 0.18 | 0.26 | 2.11 | 1.07 | 0.17 | -0.98 | 3.58 | 2.49 | 2.41 | 2.32 | 1.30 | |
| EPS in Rs | 1.34 | 1.08 | 0.33 | 0.48 | 3.93 | 1.99 | 0.32 | -1.82 | 6.66 | 4.63 | 4.48 | 4.32 | 2.42 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 1% |
| 3 Years: | 10% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 73% |
| 3 Years: | 102% |
| TTM: | -76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 41% |
| 3 Years: | 28% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 10% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 | 2.69 |
| Reserves | 10.36 | 10.94 | 10.37 | 10.63 | 14.61 | 15.66 | 15.81 | 14.83 | 18.42 | 20.89 | 23.29 | 25.59 | 28.46 |
| 0.51 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| 1.21 | 1.08 | 1.06 | 1.18 | 1.30 | 1.54 | 1.48 | 0.99 | 2.04 | 2.70 | 3.24 | 3.74 | 4.63 | |
| Total Liabilities | 14.77 | 14.71 | 14.12 | 14.50 | 18.60 | 19.89 | 19.98 | 18.51 | 23.15 | 26.28 | 29.22 | 32.02 | 35.78 |
| 1.51 | 1.39 | 3.11 | 2.84 | 2.50 | 2.36 | 2.23 | 2.12 | 2.02 | 2.02 | 1.90 | 1.80 | 1.75 | |
| CWIP | -0.00 | 0.31 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 5.52 | 4.41 | 4.19 | 4.29 | 9.63 | 10.89 | 10.63 | 8.78 | 12.91 | 14.99 | 16.80 | 18.99 | 22.21 |
| 7.74 | 8.60 | 6.82 | 7.37 | 6.47 | 6.64 | 7.12 | 7.61 | 8.22 | 9.27 | 10.52 | 11.23 | 11.82 | |
| Total Assets | 14.77 | 14.71 | 14.12 | 14.50 | 18.60 | 19.89 | 19.98 | 18.51 | 23.15 | 26.28 | 29.22 | 32.02 | 35.78 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 0.99 | 1.71 | -0.27 | -0.59 | 0.24 | -0.38 | -0.65 | -0.44 | -1.09 | -1.36 | -0.32 | |
| 1.29 | 0.93 | -1.67 | 0.45 | -0.17 | 0.28 | 0.25 | 0.57 | 0.56 | 0.89 | 1.33 | 0.83 | |
| -0.70 | -0.50 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
| Net Cash Flow | 0.64 | 1.42 | 0.05 | 0.18 | -0.76 | 0.52 | -0.12 | -0.08 | 0.12 | -0.20 | -0.03 | 0.51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 738.69 | 721.51 | 577.58 | 431.72 | 158.40 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 738.69 | 721.51 | 577.58 | 431.72 | 158.40 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Working Capital Days | 1,108.04 | 912.50 | 946.59 | 1,047.90 | 864.29 | 743.27 | 761.74 | 1,241.00 | 1,123.08 | 963.19 | 956.55 | 200.45 |
| ROCE % | 4.85% | 5.08% | 1.27% | 2.35% | 17.77% | 7.41% | 0.98% | -8.27% | 1.97% | 14.68% | 14.29% | 11.24% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Oct
-
Outcome Of The Board Meeting Dated 28.10.2024
28 Oct - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended On 30.09.2024.
28 Oct - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2024.
18 Oct - Board meeting to approve unaudited financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under SEBI regulations for Q2 2024.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
**History of the Company ** [1]
The company used to manufacture Edible oils and had 3 Edible Oil units. During the year 1981, the Management decided to diversify its activities and set up a Ceramic Sanitaryware unit at Kadi, Gujarat. The unit was named Madhusudan Ceramics a division of Madhusudan Industries Ltd. The products of the Company are marketed under the brand name of CERA. In the year 2001, the Ceramic Division of the Company was demerged to a separate group company and named as Madhusudan Oils and Fats Ltd. Later the name of the Company was changed and it is now known as Cera Sanitaryware Ltd.
The Company also exited from the manufacturing of edible oil products and diversified into Horticulture under the patronage of National Horticulture Board. The production of flowers was commenced from December, 2008. The Company is now engaged in horticultural activities and also rented the godowns and premises.