Mangalam Global Enterprise Ltd
Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in Edible, Non-edible Oil, Seeds and its derivatives[1]
- Market Cap ₹ 450 Cr.
- Current Price ₹ 27.3
- High / Low ₹ 32.0 / 12.5
- Stock P/E 25.9
- Book Value ₹ 8.15
- Dividend Yield 0.07 %
- ROCE 13.5 %
- ROE 14.2 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 51.5% CAGR over last 5 years
- Company's median sales growth is 58.5% of last 10 years
Cons
- Stock is trading at 3.36 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -2.98%
- Tax rate seems low
- Company has a low return on equity of 11.6% over last 3 years.
- Earnings include an other income of Rs.13.4 Cr.
* 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: Edible Oil Industry: Solvent Extraction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | 1 | 3 | 27 | 330 | 573 | 908 | 1,190 | 1,224 | 1,669 | |
0 | 0 | 1 | 1 | 3 | 26 | 324 | 562 | 899 | 1,179 | 1,199 | 1,635 | |
Operating Profit | 0 | 0 | -0 | 0 | 0 | 0 | 5 | 11 | 9 | 11 | 25 | 35 |
OPM % | 100% | -16% | 9% | 6% | 2% | 2% | 2% | 1% | 1% | 2% | 2% | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 6 | 6 | 6 | 13 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 5 | 9 | 13 | 24 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 3 | 3 | 3 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 7 | 5 | 15 | 21 |
Tax % | 0% | 25% | 0% | 33% | 24% | 27% | 20% | 25% | 25% | 20% | 11% | |
0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 5 | 4 | 12 | 19 | |
EPS in Rs | 0.00 | 0.12 | 0.62 | 0.12 | 1.12 | 0.58 | 1.08 | 0.29 | 0.37 | 0.26 | 0.75 | 1.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 41% | 47% | 67% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 190% |
5 Years: | 38% |
3 Years: | 22% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | 111% |
5 Years: | 51% |
3 Years: | 50% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
1 Year: | 61% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 16 | 25 | 26 | 28 | 29 |
Reserves | -0 | -0 | -0 | -0 | 0 | 5 | 30 | 41 | 42 | 49 | 82 | 105 |
0 | 1 | 2 | 3 | 6 | 2 | 11 | 32 | 87 | 115 | 238 | 161 | |
0 | 0 | 0 | 0 | 1 | 2 | 3 | 20 | 12 | 50 | 35 | 73 | |
Total Liabilities | 0 | 1 | 3 | 3 | 7 | 9 | 46 | 110 | 165 | 240 | 383 | 368 |
0 | 0 | 2 | 2 | 6 | 7 | 7 | 24 | 14 | 35 | 57 | 41 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 12 | 16 | 18 | 14 | 13 |
0 | 1 | 0 | 1 | 1 | 2 | 35 | 74 | 135 | 187 | 302 | 314 | |
Total Assets | 0 | 1 | 3 | 3 | 7 | 9 | 46 | 110 | 165 | 240 | 383 | 368 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | -3 | 1 | -50 | 19 | -30 | -38 | -79 | 65 | |||
0 | 0 | -3 | -2 | -9 | -25 | -14 | 23 | -39 | 1 | |||
0 | 0 | 6 | 1 | 59 | 7 | 44 | 15 | 117 | -66 | |||
Net Cash Flow | 0 | 0 | 0 | -0 | -0 | 1 | -0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 20 | 24 | 8 | 8 | 23 | 16 | 48 | 30 | |
Inventory Days | 314 | 478 | 3 | 0 | 17 | 15 | 9 | 38 | 22 | 24 | ||
Days Payable | 8 | 13 | 3 | 2 | 1 | 5 | 12 | 10 | 4 | |||
Cash Conversion Cycle | 0 | 306 | 466 | 20 | 24 | 23 | 22 | 28 | 41 | 60 | 50 | |
Working Capital Days | 0 | -33 | 216 | 114 | 8 | 36 | 30 | 38 | 42 | 73 | 48 | |
ROCE % | 0% | 7% | -2% | 2% | 3% | 5% | 22% | 16% | 10% | 9% | 10% | 14% |
Documents
Announcements
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Board Meeting Intimation
18 July 2024 - MANGALAM GLOBAL ENTERPRISE LIMITED has informed about Board Meeting to be held on 25-Jul-2024 to consider and approve the Quarterly Unaudited Financial results of the …
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Copy of Newspaper Publication
18 July 2024 - Mangalam Global Enterprise Limited has informed about Copy of Newspaper Publication for confirming dispatch of Notice of 14th Annual General Meeting and Annual Report & …
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Notice Of Shareholders Meetings-XBRL
17 July 2024 - MANGALAM GLOBAL ENTERPRISE LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 08-Jun-2024
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Shareholders meeting
15 July 2024 - Mangalam Global Enterprise Limited has informed regarding Notice of Annual General Meeting to be held on August 06, 2024
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Copy of Newspaper Publication
11 July 2024 - Mangalam Global Enterprise Limited has informed about Copy of Newspaper Publication for 14th Annual General Meeting of Mangalam Global Enterprise Limited through Video Conferencing/Other Audio-Visual …
Business Overview:[1][2]
MGEL is a part of Ahmedabad-based Mangalam group, which deals in manufacturing and trading of:
a) Refined Castor Oil, First Special Grad, Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and international markets
b) Cotton bales, Cotton seeds, Cotton Cake, Cattle Feed, Cotton Wash Oil, processing of wheat and rice
c) Mustard seed, Mustard oil, Mustard Meal, Mustard cake, Soya seed, Soya refined oil, Soya Meal, Soya cake, Wheat and Rice, and other agricultural products
d) Company has entered into B2C market by launching new products under the brand “LAGNAM” in domestic market
e) It is also a service provider for liaising
and clearing service and from lease rentals