MCON Rasayan India Ltd

MCON Rasayan Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

MCON Rasayan India Ltd

₹ 194 -4.99%
14 Nov - close price
mconrasayan.com NSE - SME: MCON
About

Incorporated in 2016, Mcon Rasayan India
Ltd is in the business of modern building materials and construction chemicals[1]

Key Points

Business Overview:[1]
MRIL is an ISO certified manufacturer of high quality construction chemicals and speciality building finishing products to the Indian industry and overseas markets. Currently, it has 100+ Products, 75+ Distributors, 1500+ Retailers, in 15+ Cities

Website NSE - SM
  • Market Cap ₹ 122 Cr.
  • Current Price ₹ 194
  • High / Low ₹ 244 / 105
  • Stock P/E 50.6
  • Book Value ₹ 27.0
  • Dividend Yield 0.00 %
  • ROCE 17.3 %
  • ROE 15.4 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 7.20 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 123 to 149 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: Paints/Varnish Industry: Paints / Varnishes

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
11.72 13.04 18.01 17.25 24.88 21.57
10.92 11.65 16.71 15.23 21.60 18.11
Operating Profit 0.80 1.39 1.30 2.02 3.28 3.46
OPM % 6.83% 10.66% 7.22% 11.71% 13.18% 16.04%
0.00 0.00 0.01 0.27 0.14 0.01
Interest 0.20 0.28 0.50 0.45 1.06 1.00
Depreciation 0.17 0.21 0.17 0.38 0.69 0.88
Profit before tax 0.43 0.90 0.64 1.46 1.67 1.59
Tax % 25.58% 26.67% 25.00% 25.34% 30.54% 21.38%
0.32 0.67 0.47 1.09 1.16 1.26
EPS in Rs 2.13 3.57 0.75 1.73 1.84 2.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
6.98 8.97 8.97 19.22 30.98 41.81 46.45
6.43 8.23 8.06 17.79 28.29 36.51 39.71
Operating Profit 0.55 0.74 0.91 1.43 2.69 5.30 6.74
OPM % 7.88% 8.25% 10.14% 7.44% 8.68% 12.68% 14.51%
0.04 0.00 0.02 0.01 0.00 0.42 0.15
Interest 0.25 0.32 0.40 0.43 0.78 1.52 2.06
Depreciation 0.21 0.30 0.28 0.32 0.38 1.07 1.57
Profit before tax 0.13 0.12 0.25 0.69 1.53 3.13 3.26
Tax % 23.08% 25.00% 28.00% 27.54% 26.14% 28.43%
0.09 0.09 0.19 0.50 1.14 2.24 2.42
EPS in Rs 1.80 0.89 1.27 3.33 1.81 3.55 3.84
Dividend Payout % 0.00% 0.00% 7.89% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 43%
3 Years: 67%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 90%
3 Years: 127%
TTM: 55%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 34%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 16%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.50 1.01 1.50 1.50 6.30 6.30 6.30
Reserves 0.11 0.20 0.28 0.90 7.07 9.35 10.70
2.78 3.22 3.47 7.40 8.47 15.96 20.85
5.65 3.35 3.07 4.65 8.47 14.01 16.51
Total Liabilities 9.04 7.78 8.32 14.45 30.31 45.62 54.36
1.49 0.00 1.29 1.34 1.13 9.78 14.44
CWIP 0.00 0.00 0.00 1.17 5.69 5.43 1.02
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00
7.55 7.78 7.03 11.94 23.49 30.41 38.90
Total Assets 9.04 7.78 8.32 14.45 30.31 45.62 54.36

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.03 -0.04 -0.02 -1.97 -5.26 3.93
-0.60 -0.11 -0.29 -1.49 -4.68 -9.47
0.66 0.13 0.34 3.50 10.12 5.97
Net Cash Flow 0.03 -0.02 0.03 0.03 0.19 0.42

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 322.64 128.18 146.90 97.99 121.00 148.76
Inventory Days 83.45 118.22 225.55 161.11 150.31 198.62
Days Payable 499.81 263.18 238.65 145.48 160.39 212.44
Cash Conversion Cycle -93.71 -16.79 133.79 113.62 110.92 134.94
Working Capital Days 28.24 118.82 157.88 134.07 150.81 136.45
ROCE % 11.25% 13.43% 14.88% 14.60% 17.32%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
66.65% 66.65% 66.65% 66.65%
0.00% 0.00% 0.00% 1.51%
33.35% 33.35% 33.35% 31.85%
No. of Shareholders 382295413486

* 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.

Documents

Announcements

Annual reports

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