Mishtann Foods Ltd
Incorporated in 1981 Mishtann Foods Ltd does manufacturing and processing of Rice, wheat, etc.[1]
- Market Cap ₹ 1,864 Cr.
- Current Price ₹ 17.5
- High / Low ₹ 26.4 / 10.7
- Stock P/E 5.39
- Book Value ₹ 5.18
- Dividend Yield 0.01 %
- ROCE 88.7 %
- ROE 98.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's median sales growth is 98.1% of last 10 years
Cons
- Promoter holding has decreased over last quarter: -1.44%
- Tax rate seems low
- Company has high debtors of 168 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
5 | 3 | 121 | 258 | 491 | 650 | 1,288 | |
5 | 3 | 118 | 251 | 477 | 568 | 929 | |
Operating Profit | 0 | 0 | 2 | 7 | 14 | 83 | 359 |
OPM % | 0% | 2% | 2% | 3% | 3% | 13% | 28% |
0 | 0 | 0 | -0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 1 | 3 | 3 | 5 | 4 |
Depreciation | 0 | 0 | 1 | 2 | 2 | 1 | 1 |
Profit before tax | 0 | 0 | 1 | 2 | 8 | 77 | 354 |
Tax % | 0% | 33% | 29% | 48% | 32% | 35% | 2% |
0 | 0 | 0 | 1 | 6 | 50 | 346 | |
EPS in Rs | 0.00 | 0.00 | 0.02 | 0.06 | 0.09 | 0.48 | 3.26 |
Dividend Payout % | 0% | 0% | 0% | 0% | 1% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 75% |
5 Years: | % |
3 Years: | % |
TTM: | 98% |
Compounded Profit Growth | |
---|---|
10 Years: | 184% |
5 Years: | % |
3 Years: | % |
TTM: | 593% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | 85% |
1 Year: | 63% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 99% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 31 | 100 | 103 |
Reserves | 0 | 0 | 0 | 2 | 7 | 50 | 448 |
1 | 5 | 31 | 37 | 32 | 60 | 47 | |
1 | 2 | 8 | 4 | 10 | 48 | 49 | |
Total Liabilities | 12 | 17 | 49 | 53 | 81 | 258 | 646 |
0 | 0 | 10 | 10 | 11 | 4 | 4 | |
CWIP | 0 | 3 | 1 | 3 | 0 | 0 | 0 |
Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
12 | 15 | 38 | 39 | 70 | 254 | 642 | |
Total Assets | 12 | 17 | 49 | 53 | 81 | 258 | 646 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-6 | -18 | -5 | -20 | -3 | -54 | ||
-3 | -10 | -1 | -0 | -0 | -0 | ||
4 | 24 | 7 | 19 | 2 | 54 | ||
Net Cash Flow | -4 | -3 | 1 | -1 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 50 | 94 | 53 | 1 | 23 | 124 | 168 |
Inventory Days | 26 | 775 | 45 | 54 | 27 | 18 | 12 |
Days Payable | 95 | 253 | 20 | 1 | 2 | 2 | 1 |
Cash Conversion Cycle | -20 | 615 | 78 | 54 | 48 | 140 | 178 |
Working Capital Days | -14 | 694 | 73 | 47 | 42 | 114 | 167 |
ROCE % | 0% | 5% | 12% | 20% | 89% |
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