Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 1,806 Cr.
- Current Price ₹ 17.0
- High / Low ₹ 26.4 / 11.8
- Stock P/E 162
- Book Value ₹ 2.06
- Dividend Yield 0.01 %
- ROCE 11.2 %
- ROE 7.68 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 8.26 times its book value
- Promoter holding has decreased over last quarter: -1.44%
- The company has delivered a poor sales growth of -7.73% over past five years.
- Company has high debtors of 294 days.
- Working capital days have increased from 164 days to 290 days
* 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
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 | 0 | 0 | 116 | 256 | 388 | 482 | 482 | 351 | 499 | 650 | 322 | 364 | |
0 | 0 | 0 | 113 | 249 | 374 | 458 | 476 | 344 | 447 | 568 | 295 | 343 | |
Operating Profit | 0 | 0 | 0 | 2 | 7 | 13 | 23 | 6 | 7 | 52 | 83 | 27 | 22 |
OPM % | 23% | 2% | 3% | 3% | 5% | 1% | 2% | 10% | 13% | 8% | 6% | ||
0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 1 | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 4 | 4 |
Depreciation | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 1 | 2 | 8 | 18 | 0 | 1 | 47 | 77 | 22 | 17 |
Tax % | 40% | 30% | 44% | 32% | 33% | 0% | 28% | 34% | 35% | 36% | |||
0 | 0 | 0 | 0 | 1 | 6 | 12 | 0 | 1 | 31 | 50 | 14 | 11 | |
EPS in Rs | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.11 | 0.00 | 0.01 | 0.30 | 0.48 | 0.13 | 0.10 |
Dividend Payout % | 0% | 0% | 0% | 1% | 2% | 167% | 7% | 1% | 0% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | -3% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 169% |
TTM: | -74% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 62% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 18% |
3 Years: | 24% |
Last Year: | 8% |
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 | 10 | 10 | 10 | 10 | 10 | 31 | 50 | 50 | 50 | 50 | 100 | 103 |
Reserves | 0 | 0 | 0 | 0 | 2 | 7 | 19 | 19 | 20 | 51 | 50 | 116 |
1 | 1 | 3 | 28 | 35 | 30 | 39 | 50 | 54 | 41 | 60 | 47 | |
0 | 0 | 0 | 7 | 4 | 9 | 6 | 15 | 4 | 19 | 48 | 48 | |
Total Liabilities | 11 | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 |
0 | 0 | 0 | 9 | 8 | 10 | 8 | 7 | 6 | 5 | 4 | 4 | |
CWIP | 0 | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
11 | 11 | 12 | 36 | 38 | 67 | 106 | 127 | 122 | 156 | 254 | 310 | |
Total Assets | 11 | 11 | 13 | 46 | 50 | 77 | 115 | 134 | 128 | 161 | 258 | 314 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5 | -19 | -3 | -23 | -9 | 3 | -5 | -12 | -3 | -54 | |||
-2 | -9 | -5 | -0 | 0 | 0 | -0 | 0 | -0 | -0 | |||
2 | 25 | 7 | 23 | 9 | -3 | 5 | 12 | 2 | 54 | |||
Net Cash Flow | -5 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 |
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 | 0 | 53 | 0 | 29 | 43 | 75 | 84 | 73 | 124 | 294 | ||
Inventory Days | 16,724 | 45 | 54 | 33 | 32 | 20 | 42 | 33 | 18 | 31 | ||
Days Payable | 1,128 | 18 | 1 | 2 | 0 | 4 | 3 | 2 | 2 | 3 | ||
Cash Conversion Cycle | 15,595 | 80 | 53 | 61 | 75 | 92 | 123 | 104 | 140 | 322 | ||
Working Capital Days | 8,876 | 75 | 47 | 53 | 72 | 80 | 120 | 89 | 114 | 290 | ||
ROCE % | 0% | 0% | 5% | 13% | 20% | 24% | 4% | 5% | 38% | 46% | 11% |
Documents
Announcements
-
Statement Of Deviation Or Variation Under Regulation 32 Of SEBI LODR
16 Jul - Statement of Deviation or Variation in the use of proceed of Rights Issue of the Company
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jul - Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations 2018 for the quarter ended June 30, 2024
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Jul
- Unaudited Standalone And Consolidated Financialresults For The Quarter Ended June 30, 2024 13 Jul
- Board Meeting Outcome for Outcome Of The Board Meeting Dated 13Th July, 2024 13 Jul
Annual reports
Concalls
-
Oct 2021Transcript PPT
-
Jul 2019TranscriptNotesPPT
Business Overview:[1][2]
Company is in the business of processing and packaging of fast moving consumer goods, viz. Basmati rice, wheat and marketing and selling of pulses and salt. It does processing and marketing of unbranded Basmati of different grades, sizes, flavors and fragrance. Apart from this, company procures finished pulses and edible salt from third party manufacturers and markets and distributes them. At present, company has 15 Super Stockist in 10 states with 70000 plus Retailers