Manpasand Beverages Ltd

Manpasand Beverages Ltd

₹ 5.85 4.46%
29 Jun 2020
About

Manpasand Beverages Limited is engaged in the business of manufacturing of fruit juices in the beverages segment.

  • Market Cap 67.0 Cr.
  • Current Price 5.85
  • High / Low /
  • Stock P/E
  • Book Value 40.0
  • Dividend Yield 0.00 %
  • ROCE -19.4 %
  • ROE -22.4 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.15 times its book value
  • Debtor days have improved from 36.0 to 21.4 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -35.2% over past five years.
  • Company has a low return on equity of -8.75% over last 3 years.
  • Contingent liabilities of Rs.33.2 Cr.
  • Promoters have pledged 100.0% of their holding.

* 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
143 385 335 174 164 140 33 1 0 6 0 0 0
116 312 267 146 127 193 43 14 5 16 4 4 4
Operating Profit 27 73 68 28 37 -53 -10 -12 -4 -10 -4 -4 -4
OPM % 19% 19% 20% 16% 23% -38% -31% -1,032% -1,917% -156% -992% -1,512% -9,950%
5 8 5 4 2 -571 0 0 0 -64 0 -5 -5
Interest 1 1 2 3 2 5 2 0 0 0 0 0 0
Depreciation 18 28 29 22 26 25 21 22 22 21 18 18 18
Profit before tax 14 52 43 7 11 -655 -33 -34 -26 -96 -21 -27 -27
Tax % 14% 17% 15% -13% 13% -1% 0% 0% 0% 2% 0% 0% 0%
12 43 36 8 10 -647 -33 -34 -26 -97 -21 -27 -27
EPS in Rs 1.05 3.73 3.18 0.74 0.86 -56.48 -2.89 -2.97 -2.27 -8.50 -1.88 -2.35 -2.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 16m Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
85 235 289 356 521 701 948 636 41 7
71 196 243 292 410 562 771 742 78 28
Operating Profit 14 39 46 64 111 140 178 -106 -37 -21
OPM % 16% 16% 16% 18% 21% 20% 19% -17% -90% -309%
0 0 0 0 9 18 30 -373 -64 -74
Interest 3 4 8 11 6 1 3 13 2 0
Depreciation 5 10 15 21 57 74 87 101 86 75
Profit before tax 7 25 23 33 57 83 118 -594 -189 -171
Tax % 11% 9% 11% 10% 11% 12% 15% -0% 1%
6 22 20 30 50 73 100 -592 -190 -172
EPS in Rs 12.20 44.74 41.00 3.99 5.04 6.35 8.74 -51.71 -16.64 -15.06
Dividend Payout % 0% 1% 1% 13% 10% 8% 6% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -35%
3 Years: -61%
TTM: -96%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 42%
Stock Price CAGR
10 Years: %
5 Years: -14%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -3%
3 Years: -9%
Last Year: -22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 2 2 2 38 50 57 114 114 114 114
Reserves 50 72 92 153 552 1,096 1,132 533 343 295
33 56 75 117 0 0 96 103 29 29
13 33 26 43 59 80 84 141 138 146
Total Liabilities 99 164 196 350 661 1,234 1,426 892 625 585
40 93 92 85 266 448 534 609 518 461
CWIP 0 0 0 132 134 18 181 17 7 6
Investments 6 0 0 0 1 205 41 0 0 0
53 71 104 134 260 561 670 266 100 118
Total Assets 99 164 196 350 661 1,234 1,426 892 625 585

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-14 32 2 53 82 146 37 -297 -48
-58 -48 -15 -158 -312 -623 -125 308 124
73 19 11 105 232 477 85 -12 -76
Net Cash Flow 2 3 -1 -0 1 -0 -3 -1 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 87 51 60 61 47 39 54 33 21
Inventory Days 116 51 88 74 79 51 60 19 95
Days Payable 57 45 37 36 50 54 35 52 778
Cash Conversion Cycle 146 56 112 99 76 36 79 -0 -662
Working Capital Days 89 42 72 48 88 66 117 -17 -775
ROCE % 27% 21% 18% 14% 9% 9% -19% -19%

Shareholding Pattern

Numbers in percentages

Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2024
44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33% 44.33%
8.76% 9.12% 9.12% 4.48% 2.53% 2.45% 1.03% 1.03% 1.03% 0.00% 0.00% 0.47%
29.23% 29.27% 28.38% 24.21% 23.02% 22.95% 22.95% 22.95% 22.95% 23.98% 23.98% 5.38%
17.67% 17.28% 18.17% 26.98% 30.11% 30.27% 31.69% 31.69% 31.69% 31.69% 31.69% 49.81%
No. of Shareholders 42,88441,73944,61546,64546,80747,45746,82947,12447,13147,12347,11646,961

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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