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 ₹ 124 Cr.
- Current Price ₹ 230
- High / Low ₹ 290 / 113
- Stock P/E 31.5
- Book Value ₹ 53.9
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.27 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: | 104% |
| 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
- Closure of Trading Window 25 Mar
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jan - Certificate under SEBI regulations for dematerialization.
-
Non- Applicability Of The Regulation 27(2) Of SEBI (LODR) Regulations, 2015.
8 Jan - Non-applicability of Corporate Governance Report filing.
-
Announcement Under Regulation 30 (LODR) - General Update
23 Dec 2024 - Mayank Cattle Food Limited allotted dealership to 78 dealers.
-
Disclosure Under Regulation 30 (LODR) - Increase In Production Capacity.
28 Nov 2024 - Addition of two oil expeller machines to increase capacity by 40%.
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.