Megastar Foods Ltd
Incorporated in 2013, Megastar Foods
Ltd is a producer and supplier of wheat
flour, organic wheat flour and allied
products[1]
- Market Cap ₹ 293 Cr.
- Current Price ₹ 259
- High / Low ₹ 405 / 215
- Stock P/E 46.4
- Book Value ₹ 81.6
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 9.15 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.92%
- Company might be capitalizing the interest cost
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 141 | 162 | 162 | 185 | 304 | 275 | |
| 134 | 153 | 153 | 173 | 283 | 262 | |
| Operating Profit | 7 | 9 | 9 | 12 | 22 | 13 |
| OPM % | 5% | 6% | 5% | 6% | 7% | 5% |
| 0 | 0 | 1 | 0 | 0 | 2 | |
| Interest | 3 | 3 | 2 | 3 | 6 | 4 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 3 | 5 | 6 | 7 | 14 | 8 |
| Tax % | 29% | 28% | 30% | 24% | 26% | 23% |
| 2 | 3 | 4 | 5 | 10 | 6 | |
| EPS in Rs | 2.45 | 3.41 | 4.14 | 5.45 | 10.08 | 5.60 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 19% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 16% |
| TTM: | -37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 93% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 11 |
| Reserves | 9 | 12 | 20 | 26 | 36 | 81 |
| 29 | 22 | 50 | 34 | 58 | 57 | |
| 2 | 3 | 10 | 5 | 7 | 7 | |
| Total Liabilities | 50 | 47 | 90 | 75 | 111 | 156 |
| 15 | 18 | 22 | 26 | 40 | 40 | |
| CWIP | 0 | 0 | 0 | 4 | 16 | 65 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 35 | 29 | 68 | 45 | 55 | 51 | |
| Total Assets | 50 | 47 | 90 | 75 | 111 | 156 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -1 | 15 | -22 | 27 | 12 | 16 | |
| -4 | -6 | -5 | -8 | -26 | -53 | |
| 5 | -8 | 26 | -18 | 17 | 35 | |
| Net Cash Flow | -0 | 1 | -1 | 1 | 3 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 37 | 31 | 35 | 34 | 32 | 36 |
| Inventory Days | 60 | 29 | 130 | 57 | 33 | 25 |
| Days Payable | 2 | 1 | 6 | 4 | 4 | 4 |
| Cash Conversion Cycle | 95 | 59 | 158 | 87 | 60 | 58 |
| Working Capital Days | 81 | 51 | 133 | 77 | 56 | 57 |
| ROCE % | 17% | 13% | 13% | 23% |
Documents
Announcements
- Closure of Trading Window 26 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
31 May - Secretarial Compliance Report for the Financial year 2023-24 As per Regulation 24(A)
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
27 May - In furtherance to our intimation vide letter dated May 14, 2024 under Regulation 30 of SEBI (LODR) Regulations, 2015, as enclosed herewith.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 May - Copy of newspapers for publication of financial results of the Company for the Quarter and Financial Year ended on March 31, 2024
- Statement Of Deviation & Variation As per Regulation 32 Of SEBI (LODR) Regulations 2015 20 May
Business Overview:[1][2][3]
MFL is in the business of bulk food manufacturing, processing, and exports of a wide range of food products from the Wheat Flour Product range. Company mills wheat to produce and allied flour products like refined wheat flour, suji /rava, and wheat bran. It sells 2/3rd of its total production to corporate buyers and 1/3rd of it to local vendors. It has also obtained international certifications to utilize export opportunities.