Mukka Proteins Ltd
Incorporated in 2003, It is an animal protein company, primarily engaged in the production of Fish Meal, Fish Oil and Fish Soluble Paste as well as developing alternative proteins such as Black Soldier Fly (BSF) Insect meal in the animal food segment.[1]
- Market Cap ₹ 1,052 Cr.
- Current Price ₹ 35.1
- High / Low ₹ 44.0 / 30.0
- Stock P/E 15.0
- Book Value ₹ 13.2
- Dividend Yield 0.00 %
- ROCE 18.9 %
- ROE 25.8 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 38.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 38.7 to 49.0 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: Miscellaneous 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 | |
---|---|---|---|---|---|---|
409 | 549 | 604 | 770 | 1,177 | 1,380 | |
385 | 525 | 582 | 723 | 1,091 | 1,274 | |
Operating Profit | 23 | 24 | 22 | 48 | 86 | 105 |
OPM % | 6% | 4% | 4% | 6% | 7% | 8% |
2 | 8 | 10 | 7 | 8 | 19 | |
Interest | 4 | 7 | 8 | 10 | 16 | 25 |
Depreciation | 2 | 5 | 8 | 9 | 12 | 12 |
Profit before tax | 19 | 20 | 15 | 36 | 66 | 87 |
Tax % | 27% | 31% | 29% | 28% | 28% | 15% |
14 | 14 | 11 | 26 | 48 | 74 | |
EPS in Rs | 1.10 | 2.00 | 2.34 | |||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 32% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 123% |
TTM: | 62% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 29% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 22 | 22 | 30 |
Reserves | 38 | 51 | 61 | 76 | 126 | 366 |
83 | 142 | 159 | 175 | 262 | 365 | |
74 | 95 | 129 | 119 | 166 | 179 | |
Total Liabilities | 201 | 293 | 355 | 392 | 575 | 941 |
49 | 78 | 79 | 83 | 85 | 85 | |
CWIP | 0 | 2 | 4 | 0 | 0 | 0 |
Investments | 8 | 4 | 12 | 21 | 21 | 31 |
144 | 209 | 260 | 289 | 469 | 825 | |
Total Assets | 201 | 293 | 355 | 392 | 575 | 941 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-20 | -25 | 2 | 5 | -57 | -150 | |
-23 | -28 | -14 | -11 | -2 | -48 | |
34 | 54 | 13 | 15 | 75 | 266 | |
Net Cash Flow | -9 | 1 | 2 | 8 | 15 | 68 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 25 | 23 | 29 | 29 | 38 | 49 |
Inventory Days | 95 | 89 | 106 | 95 | 88 | 136 |
Days Payable | 63 | 63 | 71 | 56 | 51 | 44 |
Cash Conversion Cycle | 57 | 49 | 64 | 68 | 75 | 141 |
Working Capital Days | 63 | 76 | 79 | 77 | 88 | 139 |
ROCE % | 15% | 9% | 18% | 23% |
Documents
Announcements
- Intimation Of Penalty Imposed By Regional Director. 2d
- Disclosure Under Regulation 30 Of The SEBI Listing Regulations. 29 Jun
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
20 Jun - Of execution of amendment to the Shareholders Agreement.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Jun
Leading Fish Meal Manufacturer[1] The company is a leading player in Indian fish protein industry contributing 25-30% to the Indian fish meal and fish oil industry.