Mahaan Foods Ltd - Stock Valuation and Financial Performance

BSE: 519612 | NSE: | Consumer Food | Small Cap

Mahaan Foods Share Price

59.41 5.39 9.98%
as on 01-Nov'24 18:59

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Mahaan Foods stock performance -

mw4me loader
P/E Ratio (SA):
29.26
Market Cap:
20.8 Cr.
52-wk low:
28.1
52-wk high:
92.3

Is Mahaan Foods Ltd an attractive stock to invest in?

1. Is Mahaan Foods Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mahaan Foods Ltd is a below average quality company.

2. Is Mahaan Foods Ltd undervalued or overvalued?

The key valuation ratios of Mahaan Foods Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Mahaan Foods Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mahaan Foods Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mahaan Foods:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mahaan Foods Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -0.6%0.7%-15.2%12.5%21.5%9.7%0.4%1.1%4.3%4.6%-
Value Creation
Index
-1.0-1.0-2.1-0.10.5-0.3-1.0-0.9-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.901.70.70.65.30.10000
Sales YoY Gr.--100%NA-57.7%-15.3%768.9%-98.7%-100%NANA-
Adj EPS 1.10.4-11.13.430.30.41.71.92
YoY Gr.--62.5%-345.2%NA203.6%-11.2%-90.4%51.7%277.3%13.9%-
BVPS (₹) 40.941.435.139.248.451.451.752.153.855.755.8
Adj Net
Profit
0.40.2-0.40.41.21.10.10.20.60.71
Cash Flow from Ops. 4.8-0.36.9-0.3-1.21.6-0.50-0.7-0.8-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS 6%-11.1%86.8%13.9%
BVPS3.5%2.9%2.5%3.5%
Share Price 18% 36.8% 43.4% 97.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2.81-2.737.86.10.60.93.13.53.6
Op. Profit
Mgn %
-6.2013.2-30.3-35.422.1-1107000NAN
Net Profit
Mgn %
4.40-21.254.6195.119.9150.6000INF
Debt to
Equity
0000000000-
Working Cap
Days
57301,7172,5662,3481759,7090000
Cash Conv.
Cycle
-4,5600-1,586-2,282-971612,2910000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.60%

Net Profit is growing at healthy rate in last 3 years 86.79%

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Mahaan Foods Ltd.

Standalone Consolidated
TTM EPS (₹) 2 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 55.8 -
Reserves (₹ Cr.) 16 -
P/BV 1.06 -
PE 29.26 -
From the Market
52 Week Low / High (₹) 28.10 / 92.34
All Time Low / High (₹) 0.80 / 92.34
Market Cap (₹ Cr.) 20.8
Equity (₹ Cr.) 3.5
Face Value (₹) 10
Industry PE 66.1

Management X-Ray of Mahaan Foods:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mahaan Foods

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8.8601.700.720.615.300.07000
Operating Expenses 9.400.481.480.930.834.130.820.270.300.32
Manufacturing Costs0.0100.01000.200000
Material Costs8.9501.060.600.423.620.07000
Employee Cost 0.250.280.230.130.110.110.110.140.140.15
Other Costs 0.200.200.180.200.290.200.640.130.160.17
Operating Profit -0.55-0.480.22-0.22-0.221.17-0.75-0.27-0.30-0.32
Operating Profit Margin (%) -6.2%-13.2%-30.2%-35.4%22.1%-1,107.1%---
Other Income 0.640.700.490.490.740.580.880.521.141.25
Interest 00.010.010.01000000
Depreciation 0.180.120.110.110.100.050.050.050.050.04
Exceptional Items 00-2.631.462.8600000
Profit Before Tax -0.090.09-2.041.613.291.700.080.200.790.88
Tax -0.48-0.060.160.150.090.64-0.020.050.210.22
Profit After Tax 0.390.15-2.201.453.191.060.100.150.580.66
PAT Margin (%) 4.4%--129.0%203.0%523.3%19.9%150.5%---
Adjusted EPS (₹)1.10.4-6.34.29.13.00.30.41.71.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 14.3314.4812.2813.7316.9317.9818.0818.2418.8219.48
Share Capital 3.503.503.503.503.503.503.503.503.503.50
Reserves 10.8310.988.7810.2313.4314.4814.5814.7415.3215.98
Minority Interest0000000000
Debt0.01000000000
Long Term Debt0000000000
Short Term Debt0.01000000000
Trade Payables6.526.507.205.5900.100.010.010.090.07
Others Liabilities 0.640.600.550.910.340.960.190.180.330.35
Total Liabilities 21.5121.5820.0320.2317.2719.0418.2818.4319.2519.90

Fixed Assets

Gross Block2.072.072.032.031.951.951.911.911.911.91
Accumulated Depreciation1.241.351.441.551.601.651.661.721.771.81
Net Fixed Assets0.840.720.590.480.350.300.250.200.150.10
CWIP 0000000000
Investments 9.319.317.167.166.566.566.566.5600
Inventories0.200.200.200.240.880.060000
Trade Receivables0.880.570.380.520.440.530.30-0.060.020
Cash Equivalents 0.100.487.347.467.639.8110.2310.7717.7518.24
Others Assets10.1910.304.364.381.411.780.940.971.331.56
Total Assets 21.5121.5820.0320.2317.2719.0418.2818.4319.2519.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 4.76-0.316.86-0.30-1.191.61-0.460.01-0.72-0.76
PBT -0.090.090.581.613.291.700.080.200.790.88
Adjustment -0.46-0.58-0.35-0.31-0.63-0.52-0.83-0.47-1.09-1.21
Changes in Working Capital 5.310.196.78-1.57-3.710.720.30.34-0.2-0.23
Tax Paid 00-0.15-0.03-0.13-0.280-0.06-0.22-0.21
Cash Flow From Investing Activity -5.720.702.640.431.350.580.880.527.701.25
Capex 0.2000.0100.0200000
Net Investments -6.5602.15000006.560
Others 0.640.700.490.431.340.580.880.521.141.25
Cash Flow From Financing Activity -0.06-0.01-2.64-0.01000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00-0.01-0.01000000
Dividend Paid 0000000000
Others -0.06-0.01-2.630000000
Net Cash Flow -1.020.386.870.120.172.190.420.536.990.49
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)2.761.01-16.4311.1720.846.050.570.853.133.46
ROCE (%)-0.620.71-15.1612.4521.459.720.441.114.294.63
Asset Turnover Ratio0.4100.080.040.030.290000
PAT to CFO Conversion(x)12.21-2.07N/A-0.21-0.371.52-4.60.07-1.24-1.15
Working Capital Days
Receivable Days870102227284332,225000
Inventory Days193043112333320000
Payable Days26202,3613,8582,4145302000

Mahaan Foods Ltd Stock News

Mahaan Foods Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mahaan Foods on 01-Nov-2024 18:59 is ₹59.41.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Nov-2024 18:59 the market cap of Mahaan Foods stood at ₹20.80.
The latest P/E ratio of Mahaan Foods as of 01-Nov-2024 18:59 is 29.26.
The latest P/B ratio of Mahaan Foods as of 01-Nov-2024 18:59 is 1.06.
The 52-week high of Mahaan Foods is ₹92.34 and the 52-week low is ₹28.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahaan Foods is ₹0.00 ( Cr.) .

About Mahaan Foods Ltd

Mahaan Foods is a part of Mahaan Group, the company specialises in the manufacture of Coffee Whiteners / Dairy Whiteners for food service market as well as the FMCG market. It makes products in a multiple stage drying system consisting of falling film evaporator under vacuum and a multi stage dryer consisting of nozzles spraying tower and fluidised bed.

Special wet blend as well as dry blend premixes are manufactured and contract sold as per customer requirements enabling the customer to formulate his own products enabling him to reduce his process space, man and machinery costs.

Mahaan processes up to 700,000 Liters of milk per day in three plants located in North India and has ongoing technical support from various leading dairy technologists form Europe, America and Oceania.

Mahaan has an on going R&D of its own and is spending as much as 1 % its sales turnover on R&D. It also makes use of an Applications Centre to develop new application proactively. Mahaan has 600 Distributors for its FMCG sales network in India and is rapidly increasing it to over 1500 by year 2001. It has parallel relations with more than 600 food companies India wide for servicing their dairy ingredients requirements.

Mahaan currently procure its milk from more than 30,000 farmer families, having set up its own physical milk procurement network in over 1000 villages.

Mahaan is a leading supplier of dairy products in India and has been recipient of several Awards for its export leadership position in India and also has been the recipient of President's Award for best enterprise and quality.

Mahaan has also a vision of being a leading FMCG producer and provider of ever increasing range of dairy ingredients for the food industry.

Mahaan always looks for alliance with new associates in India as well as around the globe for furthering its technical as well as marketing strengths.

Product range of the company:

Mahaan Group has an annual sales turnover of Rs 200 crores and is a prominent manufacturer of:

FMCG products :

  • Coffee Creamers
  • Dairy Whiteners
  • Pure ghee
  • Fruit and Vegetable
  • Pickles and Chutneys.

Dairy Ingredients

Milk Fractions

  • Edible & Rennet Acid Casein
  • Pharmaceutical and Edible Lactose
  • Whey Protein 70, up to 90% Demineralised Whey Powder
  • Whey Powder and Milk Fat.
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