Mish Designs Ltd
₹ 159
3.35%
22 Nov
- close price
About
Incorporated in 2017, Mish Designs Ltd is in the business of providing ladies garments[1]
Key Points
- Market Cap ₹ 47.2 Cr.
- Current Price ₹ 159
- High / Low ₹ 280 / 102
- Stock P/E 57.5
- Book Value ₹ 50.1
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 11.9 %
- 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
- Promoter holding has decreased over last quarter: -3.85%
- Company's cost of borrowing seems high
- Working capital days have increased from 208 days to 342 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: E-Commerce/App based Aggregator Industry: Textiles - Products
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 0.62 | 2.00 | 4.20 | 7.29 | 11.05 | 13.13 | 14.98 | |
| 0.78 | 1.97 | 4.06 | 6.95 | 9.81 | 11.58 | 13.43 | |
| Operating Profit | -0.16 | 0.03 | 0.14 | 0.34 | 1.24 | 1.55 | 1.55 |
| OPM % | -25.81% | 1.50% | 3.33% | 4.66% | 11.22% | 11.81% | 10.35% |
| 0.00 | 0.00 | 0.00 | 0.01 | -0.07 | 0.04 | 0.04 | |
| Interest | 0.00 | 0.00 | 0.04 | 0.17 | 0.36 | 0.41 | 0.33 |
| Depreciation | 0.00 | 0.02 | 0.07 | 0.10 | 0.11 | 0.08 | 0.11 |
| Profit before tax | -0.16 | 0.01 | 0.03 | 0.08 | 0.70 | 1.10 | 1.15 |
| Tax % | -25.00% | 0.00% | 66.67% | 50.00% | 27.14% | 26.36% | |
| -0.12 | 0.01 | 0.00 | 0.05 | 0.51 | 0.81 | 0.82 | |
| EPS in Rs | -12.00 | 1.00 | 0.00 | 2.00 | 2.55 | 2.89 | 2.88 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 84% |
| 3 Years: | 46% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | % |
| TTM: | 40% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.25 | 0.25 | 2.00 | 2.80 | 2.97 |
| Reserves | -0.15 | -0.15 | 0.27 | 0.32 | 0.18 | 8.64 | 11.89 |
| 0.52 | 0.88 | 1.08 | 2.31 | 3.00 | 1.85 | 1.38 | |
| 0.10 | 0.53 | 0.92 | 1.35 | 1.93 | 0.94 | 1.53 | |
| Total Liabilities | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 17.77 |
| 0.01 | 0.16 | 0.25 | 0.28 | 0.27 | 0.22 | 0.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.56 | 1.20 | 2.27 | 3.95 | 6.84 | 14.01 | 17.62 | |
| Total Assets | 0.57 | 1.36 | 2.52 | 4.23 | 7.11 | 14.23 | 17.77 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0.10 | -0.58 | -0.88 | -1.18 | -6.25 | ||
| -0.01 | -0.17 | -0.12 | -0.10 | -0.03 | ||
| 0.00 | 0.72 | 1.06 | 1.33 | 6.90 | ||
| Net Cash Flow | 0.10 | -0.03 | 0.07 | 0.04 | 0.62 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 88.31 | 32.85 | 89.51 | 71.10 | 71.68 | 87.57 |
| Inventory Days | 666.52 | 322.25 | 326.21 | 276.45 | 456.11 | |
| Days Payable | 396.74 | 279.50 | 216.88 | 132.45 | 33.81 | |
| Cash Conversion Cycle | 88.31 | 302.63 | 132.26 | 180.42 | 215.68 | 509.87 |
| Working Capital Days | 235.48 | 93.08 | 109.50 | 124.67 | 156.57 | 342.20 |
| ROCE % | 1.54% | 5.76% | 11.16% | 28.54% | 16.35% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13h
- Revised Un-Audited Financial Results For The Half Year Ended September 30, 2024 14 Nov
-
Compliance - Statement Of Deviation(S) Or Variation(S) For The Half Year Ended 30Th September, 2024 Under Regulation 32 Of SEBI (LODR) Regulations, 2015
14 Nov - No deviations in fund utilization for half year.
- Results - Financial Results For Half Year Ended September 30, 2024 12 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On November 12, 2024.
12 Nov - Board approved unaudited financial results for H1 2024.
Business Overview:[1]
a) MDL processes fabrics into garments under the brand name MISH, CURVES BY MISH in India.
b) It exports to the United Arab Emirates under the brand name ZOEY
c) The company offers a collection of over 1000 trendy designs under the categories of women's wear such as dresses, tops, co-ords, t-shirts, trousers and palazzos.