MRC Agrotech Ltd
Incorporated in 2015, MRC Agrotech Ltd provides a technology-oriented trading platform in commodity trading[1]
- Market Cap ₹ 36.8 Cr.
- Current Price ₹ 18.0
- High / Low ₹ 20.5 / 10.2
- Stock P/E
- Book Value ₹ 14.6
- Dividend Yield 0.00 %
- ROCE 0.07 %
- ROE -0.15 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.30%
- Promoter holding is low: 23.1%
- Company has a low return on equity of 1.74% over last 3 years.
- Company has high debtors of 305 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 6m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
3.93 | 15.21 | 23.39 | 12.33 | 16.92 | 5.78 | 12.28 | 6.58 | 14.66 | 14.39 | |
4.07 | 15.57 | 23.84 | 12.80 | 17.27 | 6.17 | 12.45 | 6.65 | 15.18 | 15.26 | |
Operating Profit | -0.14 | -0.36 | -0.45 | -0.47 | -0.35 | -0.39 | -0.17 | -0.07 | -0.52 | -0.87 |
OPM % | -3.56% | -2.37% | -1.92% | -3.81% | -2.07% | -6.75% | -1.38% | -1.06% | -3.55% | -6.05% |
0.17 | 0.58 | 0.57 | 0.69 | 0.58 | 0.58 | 0.64 | 0.54 | 1.70 | 1.33 | |
Interest | 0.00 | 0.03 | 0.05 | 0.06 | 0.03 | 0.02 | 0.00 | 0.00 | 0.02 | 0.01 |
Depreciation | 0.01 | 0.02 | 0.02 | 0.01 | 0.09 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.02 | 0.17 | 0.05 | 0.15 | 0.11 | 0.14 | 0.46 | 0.47 | 1.16 | 0.45 |
Tax % | 50.00% | 29.41% | 200.00% | 0.00% | 36.36% | 28.57% | 23.91% | 27.66% | 22.41% | |
0.01 | 0.12 | -0.04 | 0.14 | 0.07 | 0.10 | 0.34 | 0.34 | 0.89 | 0.33 | |
EPS in Rs | 0.05 | 0.40 | -0.04 | 0.13 | 0.07 | 0.10 | 0.33 | 0.33 | 0.85 | 0.23 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 36% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -170% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 27% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.09 | 2.97 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 20.49 |
Reserves | 3.07 | 4.51 | 1.51 | 1.66 | 1.73 | 1.63 | 1.97 | 2.34 | 3.25 | 9.45 |
0.48 | 0.78 | 1.69 | 2.37 | 0.43 | 0.13 | 0.75 | 0.31 | 1.60 | 0.21 | |
3.63 | 5.61 | 1.68 | 0.75 | 1.72 | 6.99 | 2.05 | 4.96 | 7.18 | 8.00 | |
Total Liabilities | 9.27 | 13.87 | 15.30 | 15.20 | 14.30 | 19.17 | 15.19 | 18.03 | 22.45 | 38.15 |
0.02 | 0.02 | 0.02 | 0.14 | 0.05 | 0.02 | 0.01 | 0.00 | 0.00 | 4.52 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.30 | 1.45 | 3.51 | 1.13 | 1.13 | 0.13 | 0.13 | 0.13 | 0.14 | 8.90 |
8.95 | 12.40 | 11.77 | 13.93 | 13.12 | 19.02 | 15.05 | 17.90 | 22.31 | 24.73 | |
Total Assets | 9.27 | 13.87 | 15.30 | 15.20 | 14.30 | 19.17 | 15.19 | 18.03 | 22.45 | 38.15 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-1.38 | -3.89 | -3.66 | 1.64 | -1.31 | -1.13 | -0.02 | 0.41 | ||
-1.13 | -0.74 | 3.63 | -1.35 | 1.08 | 0.51 | 0.54 | 0.49 | ||
2.82 | 4.59 | 0.00 | 0.00 | 0.00 | 0.75 | -0.43 | -0.30 | ||
Net Cash Flow | 0.31 | -0.04 | -0.03 | 0.29 | -0.23 | 0.13 | 0.08 | 0.61 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 365.00 | 120.95 | 67.57 | 165.48 | 101.17 | 653.59 | 166.75 | 402.17 | 305.49 |
Inventory Days | 0.00 | 0.00 | 1.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.44 |
Days Payable | 17.93 | 169.46 | |||||||
Cash Conversion Cycle | 365.00 | 120.95 | 50.92 | 165.48 | 101.17 | 653.59 | 166.75 | 402.17 | 169.47 |
Working Capital Days | 492.24 | 162.70 | 157.30 | 389.87 | 239.88 | 755.89 | 381.05 | 703.37 | 354.79 |
ROCE % | 2.88% | 2.65% | 1.50% | 1.04% | 1.29% | 3.63% | 3.59% | 0.07% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Nov - Note, Financial Statements for the quarter ended on 30.09.2024 were published in the newspapers on 16.11.2024. Please find attached herewith the copy of the same
- Statement Of Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September, 2024 14 Nov
- Statements Of Un-Audited Financial Results For The Quarter And Half Year Ended 30Thseptember, 2024 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting-Statement Of Un-Audited Financial Results For The Quarter And Half Ended 30Th September, 2024
14 Nov - Board approved un-audited financial results for Q2 2024.
-
Board Meeting Intimation for MRC Agrotech Limited - Board Meeting Notice
4 Nov - Board meeting to approve Q2 financial results.
A) Agri Commodity Trading:[1]
a) Cereals and Pulses:
Chana, Barley, Bajra, Wheat, Moong, Maize Feed Industrial Grade, Paddy (Basmati) - Pusa 1121
b) Oil and Oil Seeds:
Castor seed, Refined Castor Oil, Cotton Seed Oilcake, Soybean, Refined Soy Oil, Mustard Seed, Crude Palm Oil, Natural Whitish, Sesame Seeds, Hipro Soybean Meal
c) Fibers:
Kapas, 29 MM Cotton
d) Spices:
Turmeric, Jeera
e) Guar Complex
Guar Seed 10 MT, Guar Gum Refined Splits
B) Warehousing:[2]
Company has about ~30000 MT of Storage capacity with 4 warehouses in Madhya Pradesh