Modern Dairies Ltd
₹ 60.5
1.84%
23 Dec
- close price
About
Incorporated in 1992, Modern Dairies Ltd manufactures and sells wide range of milk and milk products
Key Points
- Market Cap ₹ 141 Cr.
- Current Price ₹ 60.5
- High / Low ₹ 76.0 / 28.0
- Stock P/E 7.81
- Book Value ₹ -23.4
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.8% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -8.40% over past five years.
- Contingent liabilities of Rs.531 Cr.
- Promoters have pledged 100.0% of their holding.
* 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: FMCG Industry: Food - Processing - Indian
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
585 | 638 | 625 | 497 | 457 | 467 | 560 | 766 | 610 | 241 | 217 | 362 | 366 | |
559 | 619 | 629 | 499 | 461 | 480 | 549 | 757 | 600 | 231 | 201 | 340 | 343 | |
Operating Profit | 26 | 19 | -3 | -2 | -4 | -14 | 11 | 9 | 10 | 10 | 17 | 22 | 23 |
OPM % | 5% | 3% | -1% | -0% | -1% | -3% | 2% | 1% | 2% | 4% | 8% | 6% | 6% |
0 | 14 | 2 | 0 | 14 | 0 | 0 | 0 | -22 | 2 | 1 | 20 | 1 | |
Interest | 19 | 16 | 17 | 18 | 17 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 2 |
Depreciation | 7 | 7 | 5 | 5 | 5 | 5 | 5 | 6 | 22 | 6 | 3 | 3 | 3 |
Profit before tax | 1 | 9 | -24 | -24 | -11 | -19 | 6 | 3 | -35 | 5 | 12 | 34 | 18 |
Tax % | 203% | -2% | -7% | -1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-1 | 9 | -22 | -24 | -11 | -19 | 6 | 3 | -35 | 5 | 12 | 34 | 18 | |
EPS in Rs | -0.44 | 4.05 | -9.54 | -10.39 | -4.89 | -7.96 | 2.60 | 1.50 | -14.89 | 2.12 | 5.21 | 14.68 | 7.74 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -8% |
3 Years: | -16% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 20% |
3 Years: | 48% |
TTM: | 94% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 76% |
3 Years: | 83% |
1 Year: | 104% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
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 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | -44 | -35 | -57 | -81 | -93 | -111 | -105 | -102 | -136 | -131 | -119 | -85 | -78 |
159 | 179 | 180 | 173 | 177 | 167 | 165 | 155 | 50 | 0 | 1 | 8 | 12 | |
72 | 39 | 53 | 59 | 46 | 38 | 53 | 53 | 138 | 170 | 180 | 144 | 131 | |
Total Liabilities | 210 | 207 | 199 | 174 | 153 | 117 | 136 | 130 | 74 | 62 | 85 | 90 | 89 |
90 | 84 | 82 | 79 | 79 | 77 | 76 | 74 | 34 | 30 | 29 | 30 | 31 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 1 | 1 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
120 | 123 | 117 | 95 | 74 | 40 | 59 | 54 | 40 | 32 | 56 | 59 | 58 | |
Total Assets | 210 | 207 | 199 | 174 | 153 | 117 | 136 | 130 | 74 | 62 | 85 | 90 | 89 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | -7 | 17 | 30 | 3 | 16 | 4 | 6 | 7 | 17 | 15 | 47 | |
-5 | -1 | -2 | -2 | -5 | -3 | -4 | -5 | -3 | -2 | -3 | -5 | |
10 | 8 | -16 | -22 | -3 | -11 | -0 | -2 | -3 | -9 | -19 | -41 | |
Net Cash Flow | -1 | 0 | -1 | 6 | -5 | 1 | -1 | -1 | 0 | 6 | -7 | 1 |
Ratios
Figures in Rs. Crores
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 | 20 | 12 | 18 | 22 | 22 | 7 | 20 | 11 | 6 | 5 | 32 | 19 |
Inventory Days | 54 | 50 | 47 | 36 | 30 | 14 | 10 | 13 | 16 | 31 | 73 | 39 |
Days Payable | 29 | 12 | 19 | 23 | 22 | 15 | 20 | 18 | 11 | 11 | 88 | 58 |
Cash Conversion Cycle | 45 | 51 | 46 | 35 | 30 | 6 | 10 | 6 | 11 | 25 | 16 | 0 |
Working Capital Days | 28 | 44 | 28 | 7 | 16 | -136 | -109 | -74 | -89 | -223 | -215 | -91 |
ROCE % | 16% | 9% | -4% | -5% | -8% | -20% | 8% | 4% | -172% |
Documents
Announcements
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Intimation Of OTS Payment - No Dues Certificate From Lenders
27 Nov - Modern Dairies Ltd. settles dues with PNB.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Copy of Newspaper Publication of Financial Results for quarter and half year ended 30.09.2024. This is for your information.
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Financial Results For Quarter And Half Year Ended 30/09/2024
11 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Outcome for OUTCOME OF THE MEETING OF Board
11 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter / Half Year Ended 30Th September, 2024
2 Nov - Board meeting to approve Q2 financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company's milk processing capacity is 3.25 lakh+ liter per day. For liquid milk, company has a tie-up with Mother Dairy for complete off-take of 2 LLPD. Ghee is sold through company’s own retail channel and through bulk sales under brand name SHWETA and MODERN DAIRIES