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 ₹ 200 Cr.
- Current Price ₹ 182
- High / Low ₹ 347 / 160
- Stock P/E 22.1
- Book Value ₹ 68.5
- Dividend Yield 0.00 %
- ROCE 18.8 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.5% CAGR over last 5 years
- Debtor days have improved from 79.5 to 58.0 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: FMCG Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
15 | 24 | 30 | 30 | 32 | 40 | 41 | 41 | 65 | 112 | 103 | |
13 | 21 | 26 | 26 | 28 | 35 | 32 | 33 | 49 | 92 | 87 | |
Operating Profit | 2 | 3 | 4 | 5 | 5 | 6 | 9 | 8 | 16 | 21 | 16 |
OPM % | 12% | 12% | 14% | 16% | 15% | 14% | 22% | 20% | 25% | 18% | 16% |
-0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
Profit before tax | 1 | 2 | 3 | 4 | 4 | 4 | 7 | 6 | 13 | 16 | 10 |
Tax % | 6% | 5% | 8% | 9% | 8% | 10% | 14% | 16% | 17% | 17% | |
1 | 2 | 3 | 3 | 3 | 4 | 6 | 5 | 11 | 13 | 9 | |
EPS in Rs | 6.05 | 2.51 | 2.82 | 3.02 | 3.05 | 3.42 | 5.59 | 4.71 | 10.08 | 12.00 | 8.22 |
Dividend Payout % | 0% | 20% | 18% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 40% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 29% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 28% |
1 Year: | -42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.93 | 4 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 4 | 8 | 18 | 16 | 19 | 23 | 29 | 34 | 46 | 59 | 64 |
3 | 5 | 5 | 5 | 6 | 9 | 10 | 18 | 18 | 57 | 59 | |
1 | 2 | 2 | 3 | 2 | 5 | 4 | 4 | 4 | 8 | 18 | |
Total Liabilities | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 78 | 135 | 152 |
2 | 3 | 3 | 11 | 15 | 23 | 23 | 25 | 27 | 54 | 54 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 8 | 7 | 9 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
6 | 16 | 27 | 24 | 23 | 23 | 26 | 34 | 44 | 71 | 86 | |
Total Assets | 9 | 19 | 30 | 35 | 38 | 48 | 54 | 67 | 78 | 135 | 152 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
-0 | -3 | -4 | 5 | 5 | 7 | 8 | -2 | 5 | -1 | |
-2 | -3 | -3 | -7 | -4 | -8 | -7 | -3 | -2 | -32 | |
1 | 8 | 7 | 0 | -0 | 1 | -0 | 7 | -2 | 36 | |
Net Cash Flow | -1 | 1 | 0 | -2 | 0 | -1 | 0 | 2 | 1 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 72 | 145 | 120 | 89 | 91 | 95 | 94 | 87 | 58 |
Inventory Days | 99 | 133 | 131 | 438 | 538 | 355 | 137 | 260 | 195 | 178 |
Days Payable | 7 | 10 | 18 | 54 | 21 | 67 | 12 | 10 | 3 | 10 |
Cash Conversion Cycle | 136 | 195 | 258 | 504 | 607 | 379 | 219 | 343 | 279 | 226 |
Working Capital Days | 121 | 196 | 278 | 254 | 235 | 155 | 196 | 249 | 206 | 188 |
ROCE % | 20% | 17% | 14% | 13% | 13% | 17% | 13% | 22% | 19% |
Documents
Announcements
-
Integrated Filing (Financial)
17 Feb - Approved unaudited financial results for Q4 2024.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
15 Feb - Disclosure of share acquisition under SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Feb - Newspaper publication for unaudited standalone and consolidated financial results for quarter ended 31st December 2024
-
Unaudited Financial Results For Quarter Ended 31St December 2024
11 Feb - Approved unaudited financial results for Q4 2024.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 11Th FEBRUARY 2025
11 Feb - Approved unaudited financial results for Q4 2024.
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.