Muller & Phipps (India) Ltd - Stock Valuation and Financial Performance

BSE: 501477 | NSE: | Household & Personal Products | Small Cap

Muller & Phipps (I) Share Price

570.10 -11.60 -1.99%
as on 21-Nov'24 16:59

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Muller & Phipps (India) stock performance -

mw4me loader
P/E Ratio (SA):
367.33
Market Cap:
35.6 Cr.
52-wk low:
172.6
52-wk high:
726.2

Is Muller & Phipps (India) Ltd an attractive stock to invest in?

1. Is Muller & Phipps (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Muller & Phipps (India) Ltd is a average quality company.

2. Is Muller & Phipps (India) Ltd undervalued or overvalued?

The key valuation ratios of Muller & Phipps (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Muller & Phipps (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Muller & Phipps (India) 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 Muller & Phipps (I):

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.
Muller & Phipps (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%0%0%0%0%0%0%0%0%0%-
Value Creation
Index
NANANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4.53.53.43.13.73.643.73.94.14
Sales YoY Gr.--22.7%-2%-8.5%19.1%-3.2%9.7%-7.6%6.5%5.9%-
Adj EPS -1.4-10.7-0.63.15.412.773.47.21.6
YoY Gr.-NANA-192.4%NA78%133.2%-44.9%-50.9%109.9%-
BVPS (₹) -78.3-79.3-78.4-78.8-75.6-70-42.8-35.9-32.5-20.9-23.5
Adj Net
Profit
-0.1-0.1000.20.30.80.40.20.50
Cash Flow from Ops. 0.500.10.200.22.20.10.20.7-
Debt/CF from Ops. 3.854.427.611.7-229.912.30.8125.11.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1%2.1%1.4%5.9%
Adj EPS NA18.7%-17.2%109.9%
BVPSNANANANA
Share Price 19.8% 90.6% 60.5% 172.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.71.3-0.80.8-4-7.5-22.4-17.8-10-26.9-7
Op. Profit
Mgn %
-8.2-3.40110.136.44.91.2-0.7-15.7
Net Profit
Mgn %
-1.9-1.81.2-1.25.19.419.911.95.510.92.3
Debt to
Equity
-0.4-0.4-0.4-0.4-0.4-0.4-0.6-0.6-0.5-0.6-
Working Cap
Days
35346146750542646440342943641979
Cash Conv.
Cycle
-250-292-278-307-276-253-221-184-160-149-55

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.41%

Net Profit has been subdued in last 3 years -17.15%

Sales growth is not so good in last 4 quarters at -6.08%

Latest Financials - Muller & Phipps (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 1.6 1.3
TTM Sales (₹ Cr.) 4.3 4.3
BVPS (₹.) -23.5 -23.5
Reserves (₹ Cr.) -2 -2
P/BV -24.24 -24.23
PE 367.33 451.03
From the Market
52 Week Low / High (₹) 172.60 / 726.20
All Time Low / High (₹) 21.60 / 726.20
Market Cap (₹ Cr.) 35.6
Equity (₹ Cr.) 0.6
Face Value (₹) 10
Industry PE 61.4

Management X-Ray of Muller & Phipps (I):

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 Muller & Phipps (I)

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
Sales4.533.503.433.143.743.623.973.673.914.14
Operating Expenses 4.913.623.443.113.363.513.723.493.874.17
Manufacturing Costs0.020.030.020.020.010.020.010.010.010.01
Material Costs2.321.781.721.361.581.491.651.541.721.82
Employee Cost 0.910.780.740.860.871.011.0811.011.12
Other Costs 1.651.030.960.870.900.980.980.941.121.21
Operating Profit -0.38-0.12-0.010.030.380.110.250.180.05-0.03
Operating Profit Margin (%) -8.3%-3.4%-0.3%1.0%10.0%3.0%6.4%4.9%1.2%-0.7%
Other Income 0.410.380.310.180.080.380.270.380.260.43
Interest 0.310.310.240.240.210.140.120.100.090.07
Depreciation 0.010.010.010.010.010.010.010.010.010.01
Exceptional Items 0.73000001.34000.40
Profit Before Tax 0.44-0.060.05-0.040.240.341.730.440.210.73
Tax 000.0100.0500000
Profit After Tax 0.44-0.060.03-0.040.190.341.730.440.210.73
PAT Margin (%) 9.8%-1.8%1.0%-1.2%5.1%9.4%43.5%11.9%5.5%17.6%
Adjusted EPS (₹)7.1-1.00.6-0.63.15.427.77.03.411.7
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 -4.89-4.96-4.90-4.92-4.72-4.38-2.68-2.24-2.03-1.31
Share Capital 0.630.630.630.630.630.630.630.630.630.63
Reserves -5.52-5.58-5.52-5.55-5.35-5-3.30-2.87-2.66-1.93
Minority Interest0000000000
Debt1.891.891.891.892.041.901.621.341.060.79
Long Term Debt001.891.892.041.901.621.341.060.79
Short Term Debt1.891.8900000000
Trade Payables2.932.552.492.392.352.352.062.122.272.14
Others Liabilities 4.7455.115.125.155.013.683.623.683.65
Total Liabilities 4.674.494.604.484.814.894.684.844.985.26

Fixed Assets

Gross Block0.974.854.774.794.794.820.950.950.950.97
Accumulated Depreciation0.881.901.851.861.871.880.880.890.900.91
Net Fixed Assets0.082.952.922.932.922.940.070.060.050.06
CWIP 0000000000
Investments 0.010.010.010.010.010.010.010.010.010.01
Inventories0.020.010.040.050.070.140.120.190.170.16
Trade Receivables0.630.480.550.350.410.300.490.720.950.83
Cash Equivalents 0.070.060.100.170.260.120.510.240.110.50
Others Assets3.850.970.970.961.141.363.483.623.693.71
Total Assets 4.674.494.604.484.814.894.684.844.985.26

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.500.030.070.16-0.010.152.160.110.210.73
PBT -0.29-0.060.05-0.040.240.341.730.440.210.73
Adjustment 0.320.320.270.250.220.150.130.120.090.07
Changes in Working Capital -0.25-0.22-0.23-0.03-0.43-0.06-0.36-0.31-0.07-0.04
Tax Paid -0.010-0.01-0.01-0.04-0.270.66-0.13-0.03-0.03
Cash Flow From Investing Activity 000.01-0.020-0.03-0.0100-0.02
Capex 000.01-0.020-0.03-0.0100-0.02
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity -0.50-0.05-0.04-0.070.10-0.26-1.76-0.38-0.34-0.32
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000-0.28-0.28-0.28-0.28
Interest Paid -0.50-0.05-0.04-0.07-0.05-0.12-1.48-0.10-0.07-0.05
Dividend Paid 0000000000
Others -0.010000.15-0.140000
Net Cash Flow 0-0.010.040.070.09-0.140.39-0.27-0.130.39
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio10.760.760.690.810.750.830.770.80.81
PAT to CFO Conversion(x)1.14N/A2.33N/A-0.050.441.250.2511
Working Capital Days
Receivable Days39585552373636607879
Inventory Days113661112161714
Payable Days453561534657546576489496466442

Muller & Phipps (India) Ltd Stock News

Muller & Phipps (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Muller & Phipps (I) on 21-Nov-2024 16:59 is ₹570.1.
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 21-Nov-2024 16:59 the market cap of Muller & Phipps (I) stood at ₹35.63.
The latest P/E ratio of Muller & Phipps (I) as of 21-Nov-2024 16:59 is 367.3.
The latest P/B ratio of Muller & Phipps (I) as of 21-Nov-2024 16:59 is -24.24.
The 52-week high of Muller & Phipps (I) is ₹726.2 and the 52-week low is ₹172.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Muller & Phipps (I) is ₹4.26 ( Cr.) .

About Muller & Phipps (India) Ltd

Muller & Phipps India was incorporated in Kolkotta(Calcutta) on  October 12, 1917 as a fully owned subsidiary of Muller & Phipps International, New York, USA. Muller & Phipps (I) acted as indenting agents for many well-known American and continental manufactures of consumer and industrial products. Some of the brands that were brought to Indian subcontinent by Muller & Phipps include Gillette Blades and shaving accessories, Quaker Oats, etc.

Muller & Phipps India is one of the largest company with highly efficient distribution network & quality marketing services in India from past 90 years.Company came into existence in 1917 as a fully owned subsidairy of Muller & Phipps International New York, USA, operating through its diverse portfolio of consumer/pharmacy products.

The Industrial products handled by Muller & Phipps include bearings, Automobile parts, crank shafts, power engines, tools and accesseries. M&P operated through its two division (Merchandising and Industrial) and with branches and warehouses at all major cities of India.

The post independence era of 1950's outlined India's policy of self-reliance & consequently, restrictions were imposed on import of consumer products. Moving with times and consistent with the company's philosophy of being of service to Indian consumers, Muller & Phipps march towards becoming a marketing organisation with strong foundation for efficient and extensive distribution of a wide range of products.

With the sucess of these products, Muller & Phipps grew steadily to be regarded as the leading and most progressive distribution company in the country. The fall in line with the Governement's policy on dilution of foreign equity holdings, Muller & Phipps Internatonal maintained their equity participation at 24%.

When the restrictions on foreign holding were removed, Getz Corporation acquired majority of holdings in Muller & Phipps (I) Ltd. They cover around 40,100 chemists,C 65700 General Stores, 82450 Provisional/Kirana stores and around 2345 Super Markets. This huge amount of points across the network, they use sofisticated and highly effective tools to manage these distribution network. 

From Consumer Products to Health Products, M&P caters all the different types of products.

Product range of the company includes:

The company has a history of pioneering large number of consumer products in the country. Some of the brands promoted includes Vicks, Helene Curtis, Chandrika, Ujala etc. Currently the company deals with Color Mate and other products.

  • Color Mate Active Plus
  • Color Mate Hair Color
  • Nixoderm Ointment
  • Cavisan
  • Cavidine
  • Dentocine
  • Vicks
  • Helene Curtis
  • Chandrika
  • Ujala
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