M K Exim (India) Ltd
Incorporated in 1992, M.K. Exim (India) Ltd manufactures and sells Finish Fabrics, Garments, Plastic Material, and Cosmetics[1]
- Market Cap ₹ 377 Cr.
- Current Price ₹ 93.4
- High / Low ₹ 125 / 57.6
- Stock P/E 23.0
- Book Value ₹ 21.9
- Dividend Yield 0.54 %
- ROCE 27.7 %
- ROE 20.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 107% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
- Debtor days have improved from 70.8 to 56.7 days.
Cons
* 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 28 | 51 | 36 | 26 | 19 | 24 | 49 | 55 | 73 | 104 | 92 | 82 | |
13 | 28 | 50 | 35 | 27 | 19 | 24 | 46 | 44 | 56 | 84 | 73 | 61 | |
Operating Profit | -0 | 0 | 1 | 1 | -1 | 1 | -0 | 3 | 11 | 17 | 19 | 20 | 22 |
OPM % | -3% | 0% | 2% | 3% | -4% | 3% | -1% | 6% | 20% | 24% | 19% | 21% | 26% |
1 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 3 | 11 | 18 | 22 | 21 | 22 |
Tax % | 0% | 21% | 26% | 34% | 72% | 33% | 41% | 40% | 26% | 26% | 26% | 26% | |
0 | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 8 | 13 | 16 | 15 | 16 | |
EPS in Rs | 0.02 | 0.03 | 0.16 | 0.07 | 0.03 | 0.08 | 0.11 | 0.57 | 2.00 | 3.28 | 4.05 | 3.80 | 4.06 |
Dividend Payout % | 0% | 0% | 70% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 31% |
3 Years: | 19% |
TTM: | -24% |
Compounded Profit Growth | |
---|---|
10 Years: | 64% |
5 Years: | 107% |
3 Years: | 24% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 96% |
3 Years: | 67% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 24% |
3 Years: | 26% |
Last Year: | 21% |
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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 9 | 27 | 27 | 40 | 40 |
Reserves | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 18 | 28 | 23 | 39 | 41 | 48 |
2 | 2 | 2 | 4 | 4 | 5 | 4 | 3 | 3 | 4 | 2 | 1 | 1 | |
3 | 8 | 33 | 34 | 22 | 1 | 1 | 6 | 3 | 3 | 8 | 1 | 3 | |
Total Liabilities | 27 | 32 | 56 | 61 | 48 | 29 | 28 | 34 | 42 | 57 | 77 | 84 | 92 |
2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 7 | 10 | 10 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
25 | 31 | 54 | 56 | 43 | 24 | 23 | 31 | 39 | 50 | 69 | 73 | 81 | |
Total Assets | 27 | 32 | 56 | 61 | 48 | 29 | 28 | 34 | 42 | 57 | 77 | 84 | 92 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | -0 | 1 | 3 | 1 | 0 | -0 | -1 | 4 | 4 | 6 | 19 | |
1 | 0 | -1 | -4 | -1 | -0 | -0 | 1 | -0 | -4 | -2 | -4 | |
-0 | 0 | 0 | 0 | -0 | -0 | 0 | -0 | 3 | 1 | -2 | -2 | |
Net Cash Flow | -1 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 7 | 1 | 2 | 13 |
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 | 317 | 321 | 361 | 526 | 514 | 229 | 193 | 143 | 70 | 69 | 87 | 57 |
Inventory Days | 64 | 8 | 15 | 31 | 64 | 66 | 106 | 68 | 71 | 109 | 51 | 38 |
Days Payable | 83 | 110 | 242 | 372 | 303 | 17 | 10 | 45 | 8 | 22 | 14 | 1 |
Cash Conversion Cycle | 298 | 219 | 134 | 185 | 276 | 278 | 290 | 166 | 133 | 155 | 124 | 94 |
Working Capital Days | 295 | 221 | 142 | 202 | 274 | 412 | 324 | 190 | 196 | 196 | 178 | 189 |
ROCE % | 2% | 1% | 4% | 3% | 4% | 4% | 4% | 16% | 33% | 39% | 37% | 28% |
Documents
Announcements
-
Submission Of Half Yearly 30.09.2024 Disclosure On Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (LODR) Regulations, 2015
9h - Disclosure of related party transactions for H1 2024.
- Un-Audited Standalone Financial Results For The Quarter And Half Year Ended 30.09.2024. 9h
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. Tuesday 12Th November, 2024.
9h - Outcome of Board Meeting and financial results for Q2 2024.
-
Board Meeting Intimation for Approval Of Un-Audited Standalone Financial Results For The Quarter And Half Year Ended 30Th September, 2024 Scheduled To Be Held On 12.11.2024.
4 Nov - Board meeting on November 12 to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Oct - Compliance Certificate under Regulation 74(5) of the SEBI(DP) Regulations, 2018 for the quarter ended 30th September, 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
Business Overview:[1]
MKEL is a Government Recognized Export House and a registered member with Indian Export Council, The Synthetic & Rayon Textiles Export Promotion Council of India. It is in the business of fabric, ready made garments and jewellery, and is an approved supplier for Relief Programs.
Company also deals in FMCG Cosmetics and got distributorship of Moroccan Oil, John Paul Mitchell Systems and BCL Spa in India.
Divisions & Products:
a) Fabric Manufacturing:[2]
Company does weaving, processing & finishing of blended fabrics available as Faille, Georgettes, Bottom Wear, New Fabrics. The product mix consists of Polyester Viscose, Polyester Cotton and worsted suitings, Polyester Viscose & Polyester Cotton Blended Shirting, Finest blends of best quality Polyester Viscose and Polyester Cotton Blended Suitings, Premium Purewool Suitings, Luxurious Polyester Wool Blended Suitings
b) FMCG Cosmetics:[3]
Company is an exclusive Indian distributor for products like Moroccan oil, John Paul Mitchell Systems, BCL Spa, K18 Biometic Hair Science