Mukand Engineers Ltd(Merged)
Mukand Engineers Ltd is involved in offering engineering, procurement, construction, and allied services in the areas of capital-intensive projects across industries such as energy, oil, gas, power, metallurgical and heavy industry sectors. The target sectors of business of the co. are the power and metallurgical sectors. The co. also undertakes Engineering and Project Management jobs for Steel Plants and Electrical works at Power Plants. Rajesh V. Shah is the Chairman of the co. [1][2]
- Market Cap ₹ 38.6 Cr.
- Current Price ₹ 30.8
- High / Low ₹ /
- Stock P/E
- Book Value ₹ -54.4
- Dividend Yield 0.00 %
- ROCE -20.8 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -30.9% over past five years.
- Company has high debtors of 491 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: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 65 | 76 | 85 | 139 | 111 | 132 | 76 | 53 | 42 | 22 | 21 | |
62 | 57 | 67 | 80 | 133 | 111 | 128 | 80 | 65 | 60 | 42 | 34 | |
Operating Profit | 14 | 8 | 8 | 6 | 7 | -1 | 4 | -4 | -12 | -19 | -20 | -13 |
OPM % | 18% | 13% | 11% | 6% | 5% | -0% | 3% | -6% | -23% | -45% | -91% | -64% |
3 | 4 | 2 | 3 | 2 | 1 | 4 | 3 | 1 | 2 | 3 | 2 | |
Interest | 6 | 6 | 4 | 5 | 6 | 6 | 8 | 9 | 10 | 13 | 13 | 10 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 10 | 5 | 5 | 3 | 1 | -7 | -3 | -11 | -23 | -30 | -31 | -22 |
Tax % | 31% | 38% | 32% | 33% | -30% | -4% | -15% | -2% | -2% | -0% | -1% | 0% |
7 | 3 | 4 | 2 | 2 | -7 | -3 | -11 | -22 | -30 | -31 | -22 | |
EPS in Rs | 5.17 | 2.61 | 2.87 | 1.44 | 1.41 | -5.30 | -2.06 | -8.61 | -17.57 | -23.95 | -24.56 | -17.53 |
Dividend Payout % | 29% | 38% | 35% | 69% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -11% |
5 Years: | -31% |
3 Years: | -27% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -1% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 14% |
3 Years: | 7% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 41 | 43 | 45 | 46 | 46 | 40 | 41 | 27 | 4 | -27 | -59 | -81 |
37 | 42 | 46 | 46 | 40 | 46 | 60 | 64 | 84 | 102 | 111 | 115 | |
45 | 35 | 35 | 55 | 59 | 66 | 71 | 76 | 75 | 64 | 68 | 73 | |
Total Liabilities | 136 | 132 | 139 | 159 | 158 | 164 | 185 | 179 | 176 | 151 | 134 | 119 |
8 | 9 | 11 | 10 | 7 | 8 | 7 | 6 | 5 | 4 | 3 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 2 | 2 | 2 | 3 | 3 | 3 | 12 | 8 | 4 | 0 | 0 | 0 |
126 | 122 | 127 | 146 | 147 | 153 | 166 | 165 | 167 | 146 | 130 | 116 | |
Total Assets | 136 | 132 | 139 | 159 | 158 | 164 | 185 | 179 | 176 | 151 | 134 | 119 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | -2 | 1 | 0 | 7 | -2 | -7 | -2 | -16 | -5 | -5 | -5 | |
1 | 5 | -0 | 6 | 8 | 2 | 2 | 7 | 5 | -2 | 1 | 4 | |
1 | -3 | -1 | -6 | -13 | -1 | 6 | -5 | 11 | 8 | 4 | 2 | |
Net Cash Flow | -3 | -1 | -0 | -1 | 1 | -1 | 0 | -0 | 0 | 0 | -0 | 1 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 218 | 255 | 201 | 262 | 142 | 171 | 151 | 282 | 325 | 283 | 522 | 491 |
Inventory Days | 1,490 | 1,490 | 1,172 | 1,091 | ||||||||
Days Payable | 1,803 | 1,370 | 1,201 | 1,195 | ||||||||
Cash Conversion Cycle | 218 | 255 | 201 | 262 | 142 | 171 | -162 | 282 | 325 | 402 | 493 | 387 |
Working Capital Days | 222 | 274 | 284 | 284 | 158 | 194 | 168 | 269 | 350 | 369 | 475 | 200 |
ROCE % | 18% | 12% | 9% | 7% | 7% | -1% | 5% | -2% | -12% | -18% | -23% | -21% |
Documents
Announcements
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (LODR) Regulations, 2015 1 Jun 2022
- Intimation Of 10Th June , 2022 As The Record Date For The Scheme Of Amalgamation 31 May 2022
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
31 May 2022 - The Company has filed certified copy of Order of NCLT pronounced on April 29, 2022, sanctioning Scheme of Amalgamation, along with Form INC-28 with the …
- Board Meeting Outcome for Record Date For The Scheme Of Amalgamation Under The Provisions Of Sections 230 To 232 Of The Companies Act, 2013 (Scheme Of Amalgamation) 30 May 2022
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May 2022 - Read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed Annual Secretarial Compliance Report for the financial year 2021-22.
Annual reports
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Services Offered
A)Residual Design & Engineering:
Fired Heaters,
Furnaces, etc. [1]
B) Engineering Construction:
Technological Structures
Piping [2]
C) Shutdown & Maintenance:
Hydrocarbon Industry
Power Plants [3]
D)Turnkey Packages and Projects:
MEL undertakes turnkey packages for gas holders, water & Utility Systems, fired heaters, furnaces, reformers, installation, and commissioning.
MEL has experience in turnkey projects in the ferrous and non-ferrous industries. Such Projects involve Engineering, Procurement, etc. [4][5]