M.V.K. Agro Food Product Ltd
Incorporated in February 2018, MVK Agro Food Product Limited is a manufacturer of integrated sugar and other related products.[1]
- Market Cap ₹ 93.5 Cr.
- Current Price ₹ 60.4
- High / Low ₹ 87.0 / 36.0
- Stock P/E 13.1
- Book Value ₹ 50.9
- Dividend Yield 0.00 %
- ROCE 19.1 %
- ROE 53.5 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.19 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 23 | 131 | 93 | 125 | |
| 20 | 120 | 77 | 102 | |
| Operating Profit | 2 | 10 | 16 | 22 |
| OPM % | 11% | 8% | 17% | 18% |
| 3 | 2 | 1 | 1 | |
| Interest | 3 | 6 | 9 | 11 |
| Depreciation | 0 | 2 | 2 | 3 |
| Profit before tax | 2 | 4 | 5 | 9 |
| Tax % | 24% | 23% | 23% | 18% |
| 1 | 3 | 4 | 7 | |
| EPS in Rs | 2.80 | 6.40 | 7.54 | 4.62 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 76% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| TTM: | 85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| Last Year: | 54% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 15 |
| Reserves | 1 | 5 | 8 | 63 |
| 75 | 60 | 92 | 161 | |
| 33 | 46 | 50 | 31 | |
| Total Liabilities | 114 | 116 | 155 | 271 |
| 54 | 61 | 66 | 85 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 6 | 0 |
| 59 | 53 | 82 | 186 | |
| Total Assets | 114 | 116 | 155 | 271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -19 | 28 | -14 | -48 | |
| -55 | -8 | -7 | -15 | |
| 75 | -21 | 22 | 116 | |
| Net Cash Flow | 1 | -1 | 0 | 53 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | |
| Inventory Days | 1,488 | 156 | 424 | |
| Days Payable | 601 | 79 | 81 | |
| Cash Conversion Cycle | 887 | 76 | 343 | |
| Working Capital Days | 402 | 22 | 124 | |
| ROCE % | 14% | 17% |
Documents
Announcements
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
12 July 2024 - M.V.K. Agro Food Product Limited has informed Non-Applicability of the provisions relating to Corporate Governance as specified in the SEBI (LODR) Regulations 2015
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 July 2024 - M.V.K. Agro Food Product Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 July 2024 - M.V.K. Agro Food Product Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Statement of deviation(s) or variation(s) under Reg. 32
30 May 2024 - M.V.K. Agro Food Product Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Financial Result Updates
30 May 2024 - M.V.K. Agro Food Product Limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
Annual reports
No data available.
Business Profile[1] The company has a licensed crushing capacity of 2,500 TCD and sells its by-products, Molasses, Bagasse, and Pressmud.