Mangalam Seeds Ltd
Incorporated in 2011, Mangalam Seeds Ltd
is in the business of production, processing and marketing of Hybrid and GM seeds[1]
- Market Cap ₹ 348 Cr.
- Current Price ₹ 317
- High / Low ₹ 367 / 202
- Stock P/E 26.4
- Book Value ₹ 63.5
- Dividend Yield 0.00 %
- ROCE 19.1 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 31.4% CAGR over last 5 years
- Debtor days have improved from 80.0 to 59.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 15 | 15 | 24 | 30 | 30 | 32 | 36 | 41 | 40 | 65 | 100 | |
11 | 14 | 13 | 21 | 26 | 26 | 27 | 31 | 32 | 32 | 49 | 80 | |
Operating Profit | 1 | 1 | 2 | 3 | 4 | 5 | 5 | 5 | 9 | 8 | 16 | 20 |
OPM % | 6% | 6% | 12% | 12% | 14% | 16% | 15% | 15% | 22% | 20% | 24% | 20% |
0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 2 | 3 | 4 | 4 | 4 | 7 | 6 | 13 | 16 |
Tax % | 38% | 33% | 6% | 5% | 8% | 9% | 8% | 9% | 14% | 16% | 17% | 17% |
0 | 0 | 1 | 2 | 3 | 3 | 3 | 4 | 6 | 5 | 11 | 13 | |
EPS in Rs | 5.00 | 4.00 | 6.05 | 2.53 | 2.84 | 3.04 | 3.07 | 3.29 | 5.60 | 4.67 | 10.09 | 12.00 |
Dividend Payout % | 0% | 0% | 0% | 20% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 25% |
3 Years: | 35% |
TTM: | 53% |
Compounded Profit Growth | |
---|---|
10 Years: | 60% |
5 Years: | 31% |
3 Years: | 29% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 53% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 19% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 1 | 4 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 1 | 1 | 4 | 8 | 18 | 16 | 19 | 23 | 29 | 34 | 46 | 59 |
5 | 4 | 3 | 5 | 4 | 5 | 6 | 9 | 10 | 18 | 16 | 53 | |
2 | 3 | 1 | 2 | 2 | 2 | 2 | 5 | 4 | 3 | 3 | 6 | |
Total Liabilities | 8 | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 |
1 | 1 | 2 | 3 | 3 | 11 | 15 | 23 | 23 | 25 | 25 | 49 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 6 | 7 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
7 | 7 | 6 | 16 | 27 | 24 | 23 | 23 | 26 | 35 | 44 | 69 | |
Total Assets | 8 | 8 | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 76 | 129 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | -0 | -3 | -4 | 5 | 3 | 8 | 8 | -0 | 6 | -1 | |
-0 | -0 | -2 | -4 | -2 | -7 | -3 | -9 | -7 | -4 | -2 | -30 | |
2 | 0 | 1 | 8 | 7 | 0 | -0 | 1 | -0 | 7 | -3 | 34 | |
Net Cash Flow | 0 | 1 | -1 | 1 | 1 | -2 | 0 | -0 | 0 | 2 | 1 | 3 |
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 | 35 | 32 | 44 | 72 | 146 | 121 | 101 | 101 | 93 | 94 | 87 | 59 |
Inventory Days | 246 | 161 | 99 | 133 | 127 | 428 | 531 | 351 | 136 | 261 | 193 | 196 |
Days Payable | 67 | 78 | 7 | 7 | 16 | 49 | 14 | 59 | 11 | 8 | 2 | 8 |
Cash Conversion Cycle | 215 | 115 | 136 | 198 | 257 | 499 | 619 | 392 | 218 | 347 | 278 | 248 |
Working Capital Days | 166 | 74 | 121 | 202 | 278 | 255 | 239 | 172 | 198 | 273 | 214 | 207 |
ROCE % | 16% | 12% | 24% | 21% | 17% | 14% | 13% | 12% | 17% | 13% | 22% | 19% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
19 Jul - Additional details required under SEBI circular dated July 13, 2023 regarding Appointment of Statutory Auditor of the company under Regulation 30 of SEBI (LODR) Regulations, …
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
9 Jul - Resignation of Ms. Ami Doshi as Company Secretary & Compliance Officer of the Company
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate under Regulation 74(5) of the SEBI () Regulations, 2018 for the Quarter ended on June 30, 2024
- Closure of Trading Window 8 Jul
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
29 Jun - Company has appointed M/s M A A K & Associates (FRN: 135024W), Chartered Accountants, Ahmedabad as a statutory Auditor for FY 2024-25
Business Overview:[1]
MSL is a sustainable agriculture ISO 9001 certified company which delivers agricultural products. It produces and delivers high quality disease, pest and drought tolerant hybrid seeds
seeds with specialization in forage crops, and which are adaptable to different agro-climatic conditions.