Mayank Cattle Food Ltd
Incorporated in 1998, Mayank Cattle Food Limited is an Oil company engaged in the business of manufacturing Cattle Food, Animal Food, Cattle Food Cake, and Edible Oil.[1]
- Market Cap ₹ 105 Cr.
- Current Price ₹ 194
- High / Low ₹ 242 / 113
- Stock P/E 26.6
- Book Value ₹ 53.9
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.60 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 41.8 days to 61.0 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 123 | 133 | 186 | 322 | 309 | 290 | 353 | |
| 121 | 130 | 182 | 318 | 302 | 280 | 342 | |
| Operating Profit | 2 | 3 | 4 | 4 | 6 | 9 | 11 |
| OPM % | 2% | 2% | 2% | 1% | 2% | 3% | 3% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 2 | 2 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 4 | 5 |
| Tax % | 27% | 28% | 26% | 30% | 26% | 24% | |
| 1 | 0 | 1 | 1 | 1 | 3 | 4 | |
| EPS in Rs | 30.00 | 21.50 | 36.00 | 40.00 | 63.50 | 5.61 | 7.30 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 16% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 61% |
| TTM: | 116% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 5 | 5 |
| Reserves | 1 | 2 | 2 | 3 | 5 | 22 | 24 |
| 12 | 21 | 25 | 32 | 40 | 35 | 35 | |
| 4 | 3 | 6 | 7 | 5 | 9 | 9 | |
| Total Liabilities | 18 | 26 | 34 | 42 | 49 | 71 | 73 |
| 4 | 8 | 8 | 9 | 12 | 13 | 18 | |
| CWIP | 2 | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 12 | 18 | 27 | 32 | 35 | 57 | 54 | |
| Total Assets | 18 | 26 | 34 | 42 | 49 | 71 | 73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 2 | 1 | 2 | -3 | 1 | -10 | |
| -3 | -3 | -1 | -3 | -6 | -1 | |
| 1 | 5 | -1 | 4 | 5 | 11 | |
| Net Cash Flow | 0 | 3 | -0 | -2 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 5 | 9 | 14 | 7 | 8 | 26 |
| Inventory Days | 24 | 28 | 32 | 27 | 31 | 44 |
| Days Payable | 6 | 7 | 12 | 6 | 5 | 9 |
| Cash Conversion Cycle | 24 | 30 | 35 | 28 | 35 | 61 |
| Working Capital Days | 22 | 29 | 36 | 29 | 36 | 61 |
| ROCE % | 13% | 12% | 11% | 12% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication of Standalone and Consolidated Financial Results for the Half Year ended September 30, 2024.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Nov - Unaudited financial results for H1 FY2024 announced.
-
Statement Of Deviation/Variation In Utilization Of Funds Raised Through Public Issue.
14 Nov - Board approved unaudited financial results for H1 2024.
- Standalone And Consolidated Financial Result For The Half Year Ended September 30, 2024 14 Nov
-
Board Meeting Outcome for For Approval Of Unaudited Standalone And Consolidated Financial Results For The Half Year Ended September 30, 2024.
14 Nov - Board approved unaudited financial results for H1 2024.
Business Profile[1] Mayank Cattle Food Ltd. (MCFL) is engaged in the manufacturing of Maize Cake (Cattle Feed) & Maize Oil (Non-edible). The business process involves the purchase of the Maize Germ, then mechanized expelling, packaging, and selling of the Maize Oil and Maize Cake.