Past 10 year’s financial track record analysis by Moneyworks4me indicates that MRP Agro Ltd is a below average quality company.
The key valuation ratios of MRP Agro Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of MRP Agro Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 15.1% | 18.2% | 7.8% | 6.1% | 5.6% | 12.3% | - |
| Value Creation Index ⓘ | 0.1 | 0.3 | -0.5 | -0.6 | -0.6 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 18.7 | 36.3 | 20.3 | 30.9 | 28.3 | 43.2 | 62 |
| Sales YoY Gr. | - | 94.3% | -44.2% | 52.5% | -8.4% | 52.5% | - |
| Adj EPS ⓘ | 1.1 | 0.7 | 0.3 | 0.4 | 0.3 | 1 | 2.3 |
| YoY Gr. | - | -42.1% | -56.1% | 31% | -10.5% | 191.2% | - |
| BVPS (₹) ⓘ | 3.5 | 6 | 8.3 | 8.6 | 9 | 12.9 | 14.6 |
| Adj Net Profit ⓘ | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 1 | 2 |
| Cash Flow from Ops. ⓘ | -1.6 | -0.2 | -4.9 | 0.3 | 3.9 | 3.9 | - |
| Debt/CF from Ops. ⓘ | -0.9 | -1.4 | 0 | 0 | 0.1 | 0.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 18.2% | 28.7% | 52.5% | ||||
| Adj EPS ⓘ | NA | -2.8% | 50.6% | 191.2% | ||||
| BVPSⓘ | NA | 29.7% | 16.1% | 43.8% | ||||
| Share Price | - | - | 118.7% | 209.1% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 32.4 | 18.3 | 5.8 | 4.5 | 3.9 | 9.5 | 16.9 |
| Op. Profit Mgn % ⓘ | 1.3 | 1 | 1.8 | 1.5 | 1.4 | 2.9 | 6 |
| Net Profit Mgn % ⓘ | 0.6 | 0.5 | 1.3 | 1.1 | 1.1 | 2.3 | 3.8 |
| Debt to Equity ⓘ | 4 | 0.2 | 0 | 0 | 0.1 | 0.1 | 0 |
| Working Cap Days ⓘ | 0 | 19 | 81 | 84 | 68 | 18 | 11 |
| Cash Conv. Cycle ⓘ | 0 | 14 | 75 | 80 | 59 | 11 | 4 |
Return on Equity has increased versus last 3 years average to 16.90%
Sales growth is growing at healthy rate in last 3 years 28.69%
Net Profit is growing at healthy rate in last 3 years 50.57%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.3 | - |
| TTM Sales (₹ Cr.) | 61.8 | - |
| BVPS (₹.) ⓘ | 14.6 | - |
| Reserves (₹ Cr.) ⓘ | 5 | - |
| P/BV ⓘ | 9.51 | - |
| PE ⓘ | 59.58 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 42.25 / 161.00 |
| All Time Low / High (₹) | 8.73 / 161.00 |
| Market Cap (₹ Cr.) | 140 |
| Equity (₹ Cr.) | 10 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 62.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Sales | 19 | 36 | 20 | 31 | 28 | 43 |
| Operating Expenses ⓘ | 18 | 36 | 20 | 30 | 28 | 42 |
| Manufacturing Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 18 | 35 | 20 | 29 | 27 | 41 |
| Employee Cost | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Costs ⓘ | 1 | 1 | 0 | 1 | 1 | 0 |
| Operating Profit ⓘ | 0 | 0 | 0 | 0 | 0 | 1 |
| Operating Profit Margin (%) | 1.3% | 1.0% | 1.8% | 1.5% | 1.4% | 2.9% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 0 | 0 | 0 | 1 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | 0 | 0 | 1 |
| PAT Margin (%) | 0.6% | 0.5% | 1.3% | 1.1% | 1.1% | 2.3% |
| Adjusted EPS (₹) | 1.1 | 0.7 | 0.3 | 0.4 | 0.3 | 1.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 2 | 7 | 8 | 8 | 13 | ||||
| Share Capital ⓘ | 0 | 1 | 3 | 3 | 3 | 10 | ||||
| Reserves ⓘ | 0 | 1 | 4 | 5 | 5 | 3 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 1 | 0 | 0 | 0 | 0 | 2 | ||||
| Long Term Debt | 1 | 0 | 0 | 0 | 0 | 1 | ||||
| Short Term Debt | 1 | 0 | 0 | 0 | 0 | 0 | ||||
| Trade Payables | 1 | 0 | 0 | 0 | 0 | 0 | ||||
| Others Liabilities ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Total Liabilities ⓘ | 3 | 2 | 7 | 8 | 9 | 15 | ||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Accumulated Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Net Fixed Assetsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 2 | 11 | ||||
| Investmentsⓘ | 1 | 0 | 0 | 0 | 2 | 2 | ||||
| Inventories | 0 | 0 | 1 | 3 | 1 | 0 | ||||
| Trade Receivables | 2 | 2 | 6 | 4 | 1 | 0 | ||||
| Cash Equivalents | 0 | 0 | 0 | 1 | 1 | 1 | ||||
| Others Assetsⓘ | 0 | 0 | 0 | 0 | 1 | 0 | ||||
| Total Assets ⓘ | 3 | 2 | 7 | 8 | 9 | 15 | ||||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -2 | 0 | -5 | 0 | 4 | 4 |
| PBT ⓘ | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjustment ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in Working Capital ⓘ | -2 | -1 | -5 | -0 | 4 | 3 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 0 | 0 | 0 | 0 | -4 | -9 |
| Capex | 0 | 0 | 0 | 0 | -2 | -9 |
| Net Investments | 0 | 0 | 0 | 0 | -2 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 2 | 0 | 5 | 0 | 0 | 5 |
| Net Proceeds from Shares ⓘ | 0 | 1 | 5 | 0 | 0 | 4 |
| Net Proceeds from Borrowing ⓘ | 1 | -1 | 0 | 0 | 0 | 1 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -1 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | 18.3 | 5.79 | 4.5 | 3.88 | 9.5 | ||||
| ROCE (%) | N/A | 18.23 | 7.76 | 6.14 | 5.55 | 12.31 | ||||
| Asset Turnover Ratio | 7.14 | 15.15 | 4.2 | 4.04 | 3.46 | 3.64 | ||||
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | 4 | Working Capital Days | |||
| Receivable Days | 33 | 17 | 66 | 55 | 33 | 7 | ||||
| Inventory Days | 4 | 1 | 10 | 25 | 26 | 5 | ||||
| Payable Days | 15 | 5 | 1 | 0 | 0 | 1 | ||||
MRP Agro was originally incorporated on April 13, 2018 as ‘MRP Agro Private Limited’ vide Registration under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Further, the company was converted into Public Limited Company and consequently name of company was changed from ‘MRP Agro Private Limited’ to ‘MRP Agro Limited’ vide Special resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on August 27, 2020 and a fresh certificate of incorporation dated September 16, 2020 issued by the Registrar of Companies, Gwalior.
Business area of the company
The company is engaged in trading of food grains, fly-ash and coal including Import and Export of such products with a large base of ever-growing consumers. The company has built a strong market and purchase such products domestically for supply to its consumers. The company has trading network in urban and rural areas.
As the company deals in trading of Food Grains, sales and marketing play a key role in ensuring that the corporate and products brands communicate and reach out to the customers in proper way; helping the company in selling its strong value proposition of purity, quality and healthy grains. As part of its sales and marketing efforts, the company regularly communicates with the consumer on various platforms to increase awareness of its products. The company purchases the food grains, fly-ash and coal from local market by way of auction in large quantity and further sale the products after clearing the Quality check to the wholesalers. Its business model is B2B (Business to Business Basis) as it deals in bulk trading of food grains, fly-ash and coal.
Key events and milestones:
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