Mideast Integrated Steels Ltd - Stock Valuation and Financial Performance

BSE: 540744 | NSE: MIDEASTSTL | Steel & Iron Products | Small Cap

Mideast Integrated Share Price

9.58 0.00 0.00%
as on 27-Jun'22 18:01

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Mideast Integrated Steels stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
132.1 Cr.
52-wk low:
9.6
52-wk high:
9.6

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mideast Integrated Steels Ltd is a average quality company.

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Mideast Integrated:

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.
Mideast Integrated Steels 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 % 1.9%3.8%7%15.7%0.8%-7.5%-13.6%18.6%-13.7%11.1%-
Value Creation
Index
-0.9-0.7-0.50.1-0.9-1.5-2.00.3-2.0-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 558488283583738402192139175117
Sales YoY Gr.--12.6%-42%105.8%26.7%-45.6%-52.2%-27.7%-87.8%200.2%-
Adj EPS 0.10.90.91.7-0.1-4.1-6.39.1-10.44.4-2.2
YoY Gr.-709.1%2.3%86.8%-104.7%NANANA-214.4%NA-
BVPS (₹) 44.845.446.448.147.943.537.445.835.339.745.8
Adj Net
Profit
1.612.212.623.4-1.1-56.2-86.4126-14460.5-30
Cash Flow from Ops. 48.112799.541.9-3-40.3-12.2-6-0.1-17.4-
Debt/CF from Ops. 10.50.71.3-25.4-1.1-3.7-8.7-564.3-3.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -23.3%-41.4%-35.7%200.2%
Adj EPS 50.6%NANANA
BVPS-1.3%-3.7%2%12.4%
Share Price - 9.2% -1.2% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.3223.6-0.2-8.9-15.521.9-25.711.7-5.1
Op. Profit
Mgn %
-1.516.129.826.83.4-9.1-24.7-6.2-344.1-42.1-6.7
Net Profit
Mgn %
0.32.54.54-0.1-14-4590.5-846.2118.6-171.3
Debt to
Equity
0.10.10.10.10.10.10.10.10.10.10.1
Working Cap
Days
3633325462762424691,0111,2477,5802,130160
Cash Conv.
Cycle
602326-16-23-37-555-502933-129-87

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

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

Latest Financials - Mideast Integrated Steels Ltd.

Standalone Consolidated
TTM EPS (₹) -2.2 -4.9
TTM Sales (₹ Cr.) 17.5 680
BVPS (₹.) 45.8 37.4
Reserves (₹ Cr.) 493 378
P/BV 0.21 0.26
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 9.58 / 9.58
All Time Low / High (₹) 0.50 / 92.00
Market Cap (₹ Cr.) 132
Equity (₹ Cr.) 137.9
Face Value (₹) 10
Industry PE 21.7

Management X-Ray of Mideast Integrated:

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 (%)

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Analyst's Notes

Key Ratios of Mideast Integrated

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
Sales558.28488283.15582.61738.35401.74192.22138.911751.03
Operating Expenses 568.63414.58198.66426.45717.14443.16239.66147.9775.5172.51
Manufacturing Costs48.23114.66125.50162.7528.2828.4839.7527.5513.5011.38
Material Costs417.23196.89-4.97192.18633.22365.1319.9412.464.228.52
Employee Cost 42.3946.7244.0744.8028.6125.8411.684.017.424.21
Other Costs 60.7856.3234.0626.7227.0323.71168.29103.9550.3648.39
Operating Profit -10.3573.4284.49156.1621.21-41.42-47.44-9.06-58.51-21.47
Operating Profit Margin (%) -1.9%15.0%29.8%26.8%2.9%-10.3%-24.7%-6.5%-344.0%-42.1%
Other Income 81.3713.2819.4812.7341.1245.586.94179.9411.29121.30
Interest 8.3014.1640.2782.344.591.741.020.0834.23
Depreciation 58.5760.7854.6656.5456.4056.1941.6041.2136.1435.90
Exceptional Items 0000000-14.05-0.37-0.77
Profit Before Tax 4.1411.769.0430.011.34-53.77-83.12115.54-86.7258.94
Tax 3.123.16-4.996.725.2062057.40-1.08
Profit After Tax 1.028.6114.0323.29-3.86-59.77-85.12115.54-144.1260.02
PAT Margin (%) 0.2%1.8%5.0%4.0%-0.5%-14.9%-44.3%83.2%-847.0%117.6%
Adjusted EPS (₹)0.10.61.01.7-0.3-4.3-6.28.4-10.54.4
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 617.70626.23640.30663.66659.87600.24515.35630.89486.77546.78
Share Capital 137.88137.88137.88137.88137.88137.88137.88137.88137.88137.88
Reserves 479.82488.35502.43525.78522462.36377.47493.01348.89408.90
Minority Interest0000000000
Debt45.8558.0553.0339.9435.3132.1028.9635.1733.8855.43
Long Term Debt45.8558.0553.0339.9435.3132.1028.9635.1733.8855.43
Short Term Debt0000000000
Trade Payables74.9664.3756.16171.12204.56232.73186.98136.51128.7668.50
Others Liabilities 794.65792.35799.40757.10797.33717.07732.57566.75570.76493.76
Total Liabilities 1,533.151,540.991,548.881,631.811,697.061,582.131,463.861,369.321,220.161,164.46

Fixed Assets

Gross Block1,231.331,329.461,330.961,355.851,355.391,348.171,348.171,348.171,348.171,347.65
Accumulated Depreciation316.10376.89431.54488.07543.89598.53640.13681.34717.48753.26
Net Fixed Assets915.23952.58899.42867.78811.50749.64708.04666.83630.69594.39
CWIP 31.2217.9431.9214.1324.1124.4724.4724.4724.4724.47
Investments 32.09105.49169.39191.89191.89191.89191.89191.89191.89191.89
Inventories142.5788.9696.04115.89112.9392.2973.1860.7356.5047.98
Trade Receivables0.353.500.9723.7173.0566.3561.5541.2836.9844.98
Cash Equivalents 43.3436.7727.3022.2453.5015.4216.2811.9412.2913.32
Others Assets368.35335.77323.84396.17430.09442.08388.44372.18267.34247.43
Total Assets 1,533.151,540.991,548.881,631.811,697.061,582.131,463.861,369.321,220.161,164.46

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 48.11127.3199.5141.89-3-40.33-12.16-5.95-0.09-17.42
PBT 4.1411.699.0430.011.34-53.77-83.12129.59-143.7558.94
Adjustment -11.3066.8876.2650.3524.771938.64-150.0730.81-75.40
Changes in Working Capital 66.1169.726.98-27.51-18.780.0732.3214.54112.85-115.76
Tax Paid -10.84-20.95-12.77-10.96-10.32-5.620000
Cash Flow From Investing Activity -68.73-149.77-61.60-28.3919.1134.6916.061.544.610.83
Capex -39.87-84.85-15.49-7.10-10.11-0.360000.41
Net Investments 0012.40-1.3128.3330.2915.190.31-0.27-0.30
Others -28.86-64.93-58.51-19.970.884.760.871.234.880.72
Cash Flow From Financing Activity -4.35-1.96-35.02-20.1914.04-32.34-1.89-0.24-4.4417.33
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 16.0512.195.25-13.8518.62-30.60-0.87-0.16-1.4421.55
Interest Paid -8.30-14.16-40.27-6.34-4.59-1.74-1.02-0.08-3-4.23
Dividend Paid -10.34000000000
Others -1.76000000000
Net Cash Flow -24.98-24.422.90-6.6930.14-37.992-4.650.080.74
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.161.382.223.57-0.58-9.49-15.2620.16-25.7911.61
ROCE (%)1.93.827.0115.690.81-7.53-13.6218.61-13.7311.05
Asset Turnover Ratio0.350.340.180.40.520.290.130.10.020.05
PAT to CFO Conversion(x)47.1714.797.091.8N/AN/AN/A-0.05N/A-0.29
Working Capital Days
Receivable Days21372054115129710249
Inventory Days116821196148791491671,064317
Payable Days72129-4,4292161082193,8424,74004,224

Mideast Integrated Steels Ltd Stock News

Mideast Integrated Steels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mideast Integrated on 27-Jun-2022 18:01 is ₹9.58.
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 27-Jun-2022 18:01 the market cap of Mideast Integrated stood at ₹132.1.
The latest P/E ratio of Mideast Integrated as of 27-Jun-2022 18:01 is 0.00.
The latest P/B ratio of Mideast Integrated as of 27-Jun-2022 18:01 is 0.21.
The 52-week high of Mideast Integrated is ₹9.58 and the 52-week low is ₹9.58.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mideast Integrated is ₹17.47 ( Cr.) .

About Mideast Integrated Steels Ltd

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