M K Proteins Ltd
Incorporated in 2012, M K Proteins Ltd is engaged in manufacturing, trading, and production of Edible Oils[1]
- Market Cap ₹ 449 Cr.
- Current Price ₹ 12.0
- High / Low ₹ 33.4 / 9.45
- Stock P/E 40.0
- Book Value ₹ 1.63
- Dividend Yield 0.00 %
- ROCE 18.8 %
- ROE 20.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 7.35 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.39% over past five years.
- Company might be capitalizing the interest cost
* 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: Edible Oil Industry: Solvent Extraction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
85 | 122 | 123 | 145 | 165 | 172 | 157 | 194 | 311 | 256 | 315 | 246 | |
84 | 119 | 119 | 141 | 160 | 166 | 152 | 189 | 295 | 240 | 298 | 229 | |
Operating Profit | 2 | 3 | 4 | 4 | 5 | 6 | 5 | 5 | 16 | 16 | 17 | 17 |
OPM % | 2% | 2% | 3% | 3% | 3% | 3% | 3% | 2% | 5% | 6% | 5% | 7% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 14 | 14 | 15 | 15 |
Tax % | 33% | 33% | 32% | 31% | 35% | 35% | 28% | 26% | 27% | 27% | 27% | 28% |
1 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 10 | 10 | 11 | 11 | |
EPS in Rs | 0.88 | 0.82 | 1.40 | 1.20 | 0.04 | 0.04 | 0.04 | 0.05 | 0.28 | 0.27 | 0.28 | 0.30 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 9% |
3 Years: | -8% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | 37% |
5 Years: | 47% |
3 Years: | 3% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 139% |
1 Year: | -49% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 25% |
3 Years: | 24% |
Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
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 | 1 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 4 | 4 | 13 | 38 |
Reserves | 1 | 1 | 2 | 3 | 2 | 11 | 13 | 15 | 25 | 35 | 38 | 24 |
18 | 28 | 20 | 26 | 31 | 33 | 26 | 31 | 25 | 37 | 45 | 20 | |
2 | 2 | 13 | 10 | 12 | 8 | 4 | 7 | 13 | 10 | 10 | 15 | |
Total Liabilities | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 105 | 96 |
3 | 3 | 6 | 7 | 7 | 6 | 4 | 3 | 2 | 3 | 2 | 3 | |
CWIP | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | 26 | 29 | 32 | 40 | 50 | 43 | 53 | 65 | 83 | 103 | 88 | |
Total Assets | 21 | 32 | 35 | 39 | 47 | 56 | 47 | 57 | 67 | 86 | 105 | 96 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -5 | 11 | -4 | -4 | -12 | 6 | -4 | 6 | -10 | -8 | 32 | |
-4 | -3 | -0 | -2 | -1 | -0 | 0 | 0 | -0 | -2 | 0 | -6 | |
18 | 8 | -10 | 6 | 5 | 12 | -7 | 4 | -5 | 12 | 8 | -27 | |
Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
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 | 32 | 19 | 16 | 27 | 10 | 39 | 25 | 18 | 24 | 42 | 19 | 5 |
Inventory Days | 40 | 62 | 70 | 57 | 83 | 69 | 75 | 79 | 48 | 80 | 91 | 134 |
Days Payable | 6 | 6 | 39 | 22 | 23 | 12 | 6 | 8 | 10 | 8 | 6 | 19 |
Cash Conversion Cycle | 65 | 75 | 47 | 62 | 70 | 97 | 94 | 89 | 62 | 114 | 104 | 120 |
Working Capital Days | 64 | 69 | 47 | 54 | 60 | 89 | 89 | 86 | 60 | 104 | 106 | 105 |
ROCE % | 10% | 14% | 13% | 12% | 11% | 8% | 8% | 29% | 23% | 19% |
Documents
Announcements
- Closure of Trading Window 1d
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jun - lPursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, we are enclosing herewith the copies of Newspaper advertisements published in the Financial Express (English Edition) …
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - In compliance of Regulation 24A of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019, we are submitting herewith Annual …
- Outcome Of The Board Meeting Held Today I.E. 29Th May, 2024 29 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E. 29Th May, 2024 29 May
Business Overview:[1][2]
a) MKPL is a Rajkot based partnership firm promoted by Keshariya and Mashru family. It is a part of the Shree Ganesh Fats Group
b) Company is engaged in processing and manufacturing of groundnut refined oil, groundnut oil cake and ground nut seeds
c) It produces rice bran oil, sunflower oil with protein content, with controlled fibre free from oil residue, ash and sand & silica
d) Company's manufacturing process involves refining of Crude Oils to obtain Refined Rice Bran Oil, Canola Oil, Soya Bean Oil, Sunflower Oil and Rice Bran Bleached Oil. During the refining process certain by-products are also manufactured, viz. Rice Bran Fatty Acid Oil, Rice Bran Wax, Gums and Spent Earth which are also saleable
e) Further, it imports crude oils,
process them and sell the finished
product
f) Company also trades in both
edible and non-edible oils.