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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mangalam Global Enterprise Ltd

About the Company - Mangalam Global Enterprise Ltd

Mangalam Global Enterprise Ltd. is a Public Limited Listed company incorporated on 27/09/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24224GJ2010PLC062434 and registration number is 062434. Currently Company is involved in the business activities of Manufacture of vegetable and animal oils and fats. Company’s Total Operating Revenue is Rs. 1188.76 Cr. and Equity Capital is Rs. 26.02 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Agricultural Products101, Mangalam Corporate House, Ahmedabad Gujarat 380009info@groupmangalam.com
http://www.groupmangalam.com
Management
NamePosition Held
Mr. Vipin Prakash MangalChairman
Mr. Chanakya Prakash MangalManaging Director
Mr. Chandragupt Prakash MangalManaging Director
Mrs. Sarika ModiInd. Non-Executive Director
Mr. Praveen Kumar GuptaInd. Non-Executive Director
Mr. Shubhang MittalInd. Non-Executive Director
Mr. Anilkumar Shyamlal AgrawalInd. Non-Executive Director
Ms. Varsha Biswajit AdhikariInd. Non-Executive Director
Mr. Chandravijay AroraWholeTime Director & CFO

Basic Stock Data of Mangalam Global Enterprise Ltd

Last Updated: June 25, 2024, 10:31 pm

Market Cap 350 Cr.
Current Price 21.2
High / Low26.1/12.5
Stock P/E18.7
Book Value 8.42
Dividend Yield0.09 %
ROCE13.1 %
ROE14.8 %
Face Value 2.00
PEG Ratio0.51

Competitors of Mangalam Global Enterprise Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Alfavision Overseas (India) Ltd 41.0 Cr. 13.025.0/12.8 12.80.00 %1.37 %5.22 % 1.00
Kohinoor Foods Ltd 165 Cr. 44.061.8/31.7 1410.00 %4.92 %% 10.0
Jubilant Ingrevia Ltd 8,727 Cr. 548582/39947.7 1720.91 %9.78 %6.77 % 1.00
Chamanlal Setia Exports Ltd 1,124 Cr. 217275/1619.72 1380.46 %20.3 %17.5 % 2.00
LT Foods Ltd 9,165 Cr. 264267/12415.4 97.10.19 %21.1 %19.4 % 1.00
Industry Average4,041.33 Cr343.8314.94133.480.35%13.70%11.98%2.83

Mangalam Global Enterprise Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales197.05267.63256.52170.45256.17594.17284.66221.13573.43333.13323.96440.40531.97
Expenses195.18265.22255.53171.16252.44588.01290.71222.15564.48319.83314.42436.11526.23
Operating Profit1.872.410.99-0.713.736.16-6.05-1.028.9513.309.544.295.74
OPM %0.95%0.90%0.39%-0.42%1.46%1.04%-2.13%-0.46%1.56%3.99%2.94%0.97%1.08%
Other Income0.672.271.541.921.503.675.0510.471.461.292.435.564.58
Interest1.992.112.602.502.772.672.653.273.794.036.556.776.32
Depreciation0.550.550.781.041.090.840.720.740.760.900.970.930.53
Profit before tax0.002.02-0.85-2.331.376.32-4.375.445.869.664.452.153.47
Tax %21.29%22.35%24.46%22.63%21.36%21.51%18.75%23.04%20.19%-3.15%55.81%16.43%
Net Profit0.081.59-0.66-1.761.064.98-3.434.424.517.714.590.952.90
EPS in Rs0.030.15-0.04-0.120.110.38-0.260.340.330.560.320.070.20

Last Updated: June 5, 2024, 11:00 am

Mangalam Global Enterprise Ltd Quarterly Chart

Mangalam Global Enterprise Ltd Profit & Loss

Last Updated: June 2, 2024, 12:44 am

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3905829601,2791,4241,671
Expenses3825709481,2661,3951,635
Operating Profit81112132936
OPM %2%2%1%1%2%2%
Other Income0256510
Interest388111521
Depreciation133434
Profit before tax33641622
Tax %28%20%20%20%21%
Net Profit22541317
EPS in Rs1.340.260.460.330.921.24
Dividend Payout %2%51%43%61%2%

Mangalam Global Enterprise Ltd Profit & Loss Yearly Chart

Mangalam Global Enterprise Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:36%
3 Years:24%
TTM:29%
Compounded Profit Growth
10 Years:%
5 Years:52%
3 Years:59%
TTM:43%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:30%
1 Year:8%
Return on Equity
10 Years:%
5 Years:10%
3 Years:12%
Last Year:15%

Last Updated: June 24, 2024, 2:55 pm

Mangalam Global Enterprise Ltd Balance Sheet

Last Updated: June 2, 2024, 12:44 am

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital21625262829
Reserves324344508596
Borrowings2956122137254233
Other Liabilities81931587278
Total Liabilities71134222271439436
Fixed Assets264434386558
CWIP4000100
Investments233333
Other Assets3886184230361374
Total Assets71134222271439436

Mangalam Global Enterprise Ltd Reserves and Borrowings Chart

Mangalam Global Enterprise Ltd Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -4613-44-29-67
Cash from Investing Activity -30-25-1434-41
Cash from Financing Activity 761361-7109
Net Cash Flow102-11

Mangalam Global Enterprise Ltd Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days713372254
Inventory Days151593519
Days Payable22121319
Cash Conversion Cycle1926354554
Working Capital Days2731434567
ROCE %12%9%7%11%

Mangalam Global Enterprise Ltd Financial Efficiency Indicators Chart

Mangalam Global Enterprise Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters73.74%74.54%74.54%72.99%72.31%72.30%73.99%73.97%74.99%74.99%74.99%74.99%
FIIs0.00%0.00%0.00%0.00%0.00%0.77%0.72%0.08%0.08%0.07%0.00%0.00%
DIIs0.00%0.00%0.00%0.16%0.77%0.00%0.00%0.00%0.00%0.05%0.05%0.05%
Public26.27%25.46%25.47%26.86%26.93%26.93%25.29%25.95%24.93%24.89%24.96%24.96%
No. of Shareholders7241,2721,5412,2082,3174,2035,0296,0725,8776,51310,32315,712

Mangalam Global Enterprise Ltd Shareholding Pattern Chart

No. of Mangalam Global Enterprise Ltd Shareholders

This stock is not held by any mutual fund

Mangalam Global Enterprise Ltd ROCE Trend

Mangalam Global Enterprise Ltd EPS Trend

Mangalam Global Enterprise Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.0010.0010.0010.00
Basic EPS (Rs.)1.400.981.441.862.67
Diluted EPS (Rs.)1.400.901.411.862.67
Cash EPS (Rs.)1.611.142.833.063.02
Book Value[Excl.RevalReserv]/Share (Rs.)9.638.2630.6127.7437.92
Book Value[Incl.RevalReserv]/Share (Rs.)9.638.2630.6127.7437.92
Revenue From Operations / Share (Rs.)127.53102.86490.81382.48362.90
PBDIT / Share (Rs.)3.422.426.186.347.87
PBIT / Share (Rs.)3.212.194.745.176.59
PBT / Share (Rs.)1.571.161.732.372.24
Net Profit / Share (Rs.)1.400.911.391.891.74
NP After MI And SOA / Share (Rs.)1.400.911.652.312.19
PBDIT Margin (%)2.682.351.261.652.16
PBIT Margin (%)2.512.130.961.351.81
PBT Margin (%)1.231.120.350.610.61
Net Profit Margin (%)1.090.890.280.490.48
NP After MI And SOA Margin (%)1.090.890.330.600.60
Return on Networth / Equity (%)14.5511.095.408.415.92
Return on Capital Employeed (%)25.9220.9011.8215.4212.11
Return On Assets (%)4.812.891.582.612.73
Long Term Debt / Equity (X)0.260.140.100.190.44
Total Debt / Equity (X)1.452.081.511.700.88
Asset Turnover Ratio (%)4.284.015.156.176.80
Current Ratio (X)1.461.161.371.272.12
Quick Ratio (X)1.020.920.651.111.58
Inventory Turnover Ratio (X)9.265.4710.1327.0029.23
Dividend Payout Ratio (NP) (%)0.006.6312.145.151.38
Dividend Payout Ratio (CP) (%)0.005.326.483.420.87
Earning Retention Ratio (%)0.0093.3787.8694.8598.62
Cash Earning Retention Ratio (%)0.0094.6893.5296.5899.13
Interest Coverage Ratio (X)1.942.431.532.261.81
Interest Coverage Ratio (Post Tax) (X)1.731.961.091.671.40
Enterprise Value (Cr.)470.05427.79659.30202.15135.26
EV / Net Operating Revenue (X)0.250.300.510.210.23
EV / EBITDA (X)9.5312.7640.9712.7210.71
MarketCap / Net Operating Revenue (X)0.150.140.430.110.14
Retention Ratios (%)0.0093.3687.8594.8498.61
Price / BV (X)2.041.766.981.671.45
Price / Net Operating Revenue (X)0.150.140.430.110.14
EarningsYield0.070.060.010.050.04

Mangalam Global Enterprise Ltd Profitability Ratios (%)

Mangalam Global Enterprise Ltd Liquidity Ratios

Mangalam Global Enterprise Ltd Liquidity Ratios (%)

Mangalam Global Enterprise Ltd Interest Coverage Ratios (%)

Mangalam Global Enterprise Ltd Valuation Ratios

Fair Value

Fair Value: 23.32

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 10.02% compared to the current price 21.2

Intrinsic Value: 31.88

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 50.37% compared to the current price ₹21.2

Last 5 Year EPS CAGR: 36.68%

*Investments are subject to market risks

Strength and Weakness of Mangalam Global Enterprise Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (322.50 cr) and profit (9.00 cr) over the years.
  1. The stock has a low average ROCE of 7.80%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 42.60, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 35.80, which may not be favorable.
  4. The company has higher borrowings (138.50) compared to reserves (58.33), which may suggest financial risk.

FAQ

What is the latest fair value of Mangalam Global Enterprise Ltd?

The latest fair value of Mangalam Global Enterprise Ltd is ₹23.32.

What is the Market Cap of Mangalam Global Enterprise Ltd?

The Market Cap of Mangalam Global Enterprise Ltd is 350 Cr..

What is the current Stock Price of Mangalam Global Enterprise Ltd as on 25 June 2024?

The current stock price of Mangalam Global Enterprise Ltd as on 25 June 2024 is ₹21.2.

What is the High / Low of Mangalam Global Enterprise Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mangalam Global Enterprise Ltd stocks is 26.1/12.5.

What is the Stock P/E of Mangalam Global Enterprise Ltd?

The Stock P/E of Mangalam Global Enterprise Ltd is 18.7.

What is the Book Value of Mangalam Global Enterprise Ltd?

The Book Value of Mangalam Global Enterprise Ltd is 8.42.

What is the Dividend Yield of Mangalam Global Enterprise Ltd?

The Dividend Yield of Mangalam Global Enterprise Ltd is 0.09 %.

What is the ROCE of Mangalam Global Enterprise Ltd?

The ROCE of Mangalam Global Enterprise Ltd is 13.1 %.

What is the ROE of Mangalam Global Enterprise Ltd?

The ROE of Mangalam Global Enterprise Ltd is 14.8 %.

What is the Face Value of Mangalam Global Enterprise Ltd?

The Face Value of Mangalam Global Enterprise Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mangalam Global Enterprise Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE