MRP Agro Ltd

MRP Agro Ltd

₹ 122 2.01%
22 Nov - close price
About

Incorporated in 2018, MRP Agro Ltd trades Agro Commodities[1]

Key Points

Business Overview:[1]
Company does trading of food grains, flyash and coal including Import and Export of such products. Company has trading network in urban and rural areas from where it purchases food grains, fly-ash and coal from local market by way of auction in large quantity and then sells these products, after clearing Quality check, to wholesalers. Company's business model is B2B as it deals in bulk trading of food grains, fly-ash and coal. Company is having the local mandi license for purchase of food grains via auction from local market of Tikamgarh, Madhya Pradesh. Also, company is registered dealer with Dept. of Mines & Geology, Govt of Jharkhand for Purchase of Mineral

  • Market Cap 122 Cr.
  • Current Price 122
  • High / Low 141 / 39.5
  • Stock P/E 52.1
  • Book Value 14.6
  • Dividend Yield 0.00 %
  • ROCE 12.3 %
  • ROE 9.53 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 0.83% over last quarter.

Cons

  • Stock is trading at 8.30 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.37% over last 3 years.

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2023 Mar 2024 Jun 2024 Sep 2024
21.80 7.30 17.46 15.28
21.33 6.95 15.89 13.99
Operating Profit 0.47 0.35 1.57 1.29
OPM % 2.16% 4.79% 8.99% 8.44%
0.03 0.05 0.04 0.05
Interest 0.02 0.05 0.06 0.05
Depreciation 0.00 0.00 0.16 0.38
Profit before tax 0.48 0.35 1.39 0.91
Tax % 25.00% 25.71% 28.06% 20.88%
0.36 0.26 1.00 0.72
EPS in Rs 0.36 0.26 1.00 0.72
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
18.16 35.17 20.22 30.28 28.09 43.20 61.84
17.92 34.82 19.86 29.83 27.69 41.93 58.16
Operating Profit 0.24 0.35 0.36 0.45 0.40 1.27 3.68
OPM % 1.32% 1.00% 1.78% 1.49% 1.42% 2.94% 5.95%
0.04 0.00 0.01 0.01 0.05 0.16 0.17
Interest 0.12 0.09 0.01 0.00 0.04 0.09 0.18
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.54
Profit before tax 0.16 0.26 0.36 0.46 0.41 1.34 3.13
Tax % 25.00% 26.92% 25.00% 26.09% 24.39% 25.37%
0.12 0.19 0.26 0.34 0.31 1.00 2.34
EPS in Rs 1.50 0.95 0.29 0.38 0.35 1.00 2.34
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 29%
TTM: 54%
Compounded Profit Growth
10 Years: %
5 Years: 53%
3 Years: 57%
TTM: 223%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 112%
1 Year: 204%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 6%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.25 0.67 2.98 2.98 2.98 10.04 10.04
Reserves 0.12 1.01 4.40 4.74 5.04 2.92 4.65
1.47 0.29 0.00 0.01 0.40 1.79 1.63
0.78 0.21 0.09 0.11 0.10 0.45 2.09
Total Liabilities 2.62 2.18 7.47 7.84 8.52 15.20 18.41
0.02 0.02 0.03 0.03 0.18 0.17 11.00
CWIP 0.00 0.00 0.00 0.00 2.31 10.96 0.00
Investments 0.65 0.00 0.00 0.00 2.04 2.19 3.27
1.95 2.16 7.44 7.81 3.99 1.88 4.14
Total Assets 2.62 2.18 7.47 7.84 8.52 15.20 18.41

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.22 -4.87 0.29 3.89 3.86
-0.01 -0.26 0.06 -4.37 -8.65
-0.14 5.13 0.00 0.35 5.24
Net Cash Flow -0.36 0.00 0.35 -0.12 0.45

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 33.97 17.75 102.35 44.84 17.67 2.11
Inventory Days 3.70 0.32 20.57 38.26 13.06 1.41
Days Payable 15.21 1.48 0.00 0.00 0.00 0.97
Cash Conversion Cycle 22.46 16.58 122.92 83.11 30.74 2.55
Working Capital Days 22.91 16.92 122.21 82.09 42.10 2.62
ROCE % 18.37% 7.91% 6.09% 5.57% 12.34%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.84% 70.15% 70.15% 72.47% 72.47% 72.47% 72.47% 72.47% 65.37% 67.44% 71.35% 72.19%
32.16% 29.85% 29.85% 27.52% 27.53% 27.52% 27.53% 27.53% 34.64% 32.57% 28.64% 27.81%
No. of Shareholders 181180197237237235229269428444447466

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