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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mcleod Russel India Ltd

About the Company - Mcleod Russel India Ltd

McLeod Russel (India) Ltd. is a Public Limited Listed company incorporated on 05/05/1998 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L51109WB1998PLC087076 and registration number is 087076. Currently Company is involved in the business activities of Wholesale of tea, coffee & cocoa. Company’s Total Operating Revenue is Rs. 1108.53 Cr. and Equity Capital is Rs. 52.23 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plantations - Tea & CoffeeFour Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata West Bengal 700001administrator@mcleodrussel.com
http://www.mcleodrussel.com
Management
NamePosition Held
Mr. Aditya KhaitanChairman & Managing Director
Mr. Amritanshu KhaitanNon Executive Director
Mr. Suman BhowmikIndependent Director
Mr. Raj VardhanIndependent Director
Mr. Sanjay GinodiaIndependent Director
Mrs. Rupanjana DeIndependent Director

Basic Stock Data of Mcleod Russel India Ltd

Last Updated: June 17, 2024, 8:23 pm

Market Cap 306 Cr.
Current Price 29.3
High / Low38.0/17.4
Stock P/E
Book Value 23.9
Dividend Yield0.00 %
ROCE6.99 %
ROE77.3 %
Face Value 5.00
PEG Ratio0.00

Competitors of Mcleod Russel India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tata Coffee Ltd 6,440 Cr. 345347/23635.8 99.30.87 %9.78 %10.1 % 1.00
Norben Tea & Exports Ltd 14.6 Cr. 12.416.0/6.90 11.20.00 %2.57 %12.2 % 10.0
Dhunseri Tea & Industries Ltd 218 Cr. 207275/175 4971.45 %19.4 %25.0 % 10.0
Peria Karamalai Tea & Produce Company Ltd (PKTEA) 128 Cr. 413413/24024.0 6180.12 %4.16 %2.86 % 10.0
Andrew Yule & Company Ltd 2,136 Cr. 43.768.9/22.9 6.940.02 %12.3 %12.9 % 2.00
Industry Average9,094.06 Cr364.9146.60242.590.39%7.41%7.49%7.38

Mcleod Russel India Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales448299219494389254230425489226226366349
Expenses371403227313378370224208517326231243389
Operating Profit76-104-818111-1166217-28-100-5123-40
OPM %17%-35%-4%37%3%-46%2%51%-6%-44%-2%34%-12%
Other Income113335-1723-928325
Interest53374639463541454074554847
Depreciation20231719192017181817161816
Profit before tax5-152-68126-50-171-45155-84-1,120-7360-98
Tax %79%24%2%3%12%-13%15%16%16%4%1%-3%17%
Net Profit1-115-67123-44-193-38131-71-1,078-7361-82
EPS in Rs0.10-11.00-6.4211.74-4.17-18.47-3.6612.52-6.78-103.23-6.965.85-7.82

Last Updated: June 10, 2024, 10:26 pm

Mcleod Russel India Ltd Quarterly Chart

Mcleod Russel India Ltd Profit & Loss

Last Updated: June 2, 2024, 12:39 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,4301,6691,7891,6461,9261,8712,0551,7231,1431,4381,3561,3701,307
Expenses1,0431,2871,4361,5161,7541,7611,9031,7631,1011,2431,2881,2751,317
Operating Profit388381353130172110152-41421956895-10
OPM %27%23%20%8%9%6%7%-2%4%14%5%7%-1%
Other Income3434424388184382523732010-918-920
Interest57516072109136180338227205165201217
Depreciation37393877102104102847890757070
Profit before tax32832529725495525261-189-80-162-1,093-1,217
Tax %10%13%12%-38%29%-18%13%36%22%34%-12%3%
Net Profit29128026133356421939-148-52-181-1,057-1,161
EPS in Rs26.3025.0323.492.852.565.3519.003.05-14.15-5.02-17.32-101.14-111.12
Dividend Payout %23%28%30%105%59%4%2%0%0%0%0%0%

Mcleod Russel India Ltd Profit & Loss Yearly Chart

Mcleod Russel India Ltd Growth

Compounded Sales Growth
10 Years:-4%
5 Years:-8%
3 Years:-8%
TTM:-17%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-157%
Stock Price CAGR
10 Years:-21%
5 Years:10%
3 Years:-8%
1 Year:51%
Return on Equity
10 Years:-5%
5 Years:-12%
3 Years:-19%
Last Year:-77%

Last Updated: June 17, 2024, 2:53 pm

Mcleod Russel India Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital55555555414146445252525252
Reserves1,6921,8962,1022,0371,9091,9182,1211,9711,8021,7711,596517516
Borrowings2632493046028369361,0911,8122,3462,2612,0891,9611,939
Other Liabilities4514344273956045575857337358241,0251,2091,411
Total Liabilities2,4612,6342,8883,0893,3903,4523,8434,5594,9354,9084,7633,7403,917
Fixed Assets1,8601,9282,0732,1652,1642,1372,1201,4751,4261,3971,3951,3861,358
CWIP354053639691107899367564753
Investments191713127872961011153625270
Other Assets5476497498481,0511,1511,5202,8933,4063,3913,2502,2542,437
Total Assets2,4612,6342,8883,0893,3903,4523,8434,5594,9354,9084,7633,7403,917

Mcleod Russel India Ltd Reserves and Borrowings Chart

Mcleod Russel India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 26420819710820713719628084178105205
Cash from Investing Activity -97-70-135-271-289-68-147-323-740-1-57-42
Cash from Financing Activity -156-125-6015985-64-28320362-132-120-174
Net Cash Flow11132-53521277-29545-72-11

Mcleod Russel India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days89101924212281181311
Inventory Days3122512813542442742512751,208352288422
Days Payable183112101169132135136212555192204349
Cash Conversion Cycle137148189204135161137716641689784
Working Capital Days-85196395127151-43-112-79-132-206
ROCE %20%18%15%4%6%6%8%3%-0%3%0%1%

Mcleod Russel India Ltd Financial Efficiency Indicators Chart

Mcleod Russel India Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters10.07%4.33%6.25%6.25%6.25%6.25%6.25%6.25%6.25%6.25%6.25%6.25%
FIIs0.88%1.35%1.11%2.21%2.12%4.12%2.04%0.01%0.00%0.04%1.37%2.15%
DIIs1.48%1.48%1.48%1.48%1.48%1.48%1.48%1.48%1.34%1.34%1.34%1.34%
Government0.00%0.00%0.00%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public87.57%92.84%91.17%90.04%90.15%88.14%90.22%92.26%92.41%92.38%91.04%90.26%
No. of Shareholders63,49063,15365,29470,26069,73368,85967,11266,99766,90666,98065,98565,501

Mcleod Russel India Ltd Shareholding Pattern Chart

No. of Mcleod Russel India Ltd Shareholders

This stock is not held by any mutual fund

Mcleod Russel India Ltd ROCE Trend

Mcleod Russel India Ltd EPS Trend

Mcleod Russel India Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)-29.83-101.14-17.32-5.02-14.15
Diluted EPS (Rs.)-29.83-101.14-17.32-5.02-14.15
Cash EPS (Rs.)-23.53-94.45-10.163.64-6.72
Book Value[Excl.RevalReserv]/Share (Rs.)23.9429.39131.63147.22147.85
Book Value[Incl.RevalReserv]/Share (Rs.)23.9454.50157.84174.55177.53
Revenue From Operations / Share (Rs.)108.74131.12129.80137.71109.43
PBDIT / Share (Rs.)-9.3310.577.4820.606.81
PBIT / Share (Rs.)-15.633.880.3111.95-0.65
PBT / Share (Rs.)-34.61-104.68-15.53-7.63-18.15
Net Profit / Share (Rs.)-29.83-101.14-17.32-5.02-14.19
NP After MI And SOA / Share (Rs.)-29.83-101.14-17.32-5.02-14.15
PBDIT Margin (%)-8.578.065.7614.956.22
PBIT Margin (%)-14.372.950.248.67-0.59
PBT Margin (%)-31.83-79.83-11.96-5.54-16.58
Net Profit Margin (%)-27.43-77.14-13.34-3.64-12.96
NP After MI And SOA Margin (%)-27.43-77.14-13.34-3.64-12.92
Return on Networth / Equity (%)-124.60-344.11-13.15-3.40-9.56
Return on Capital Employeed (%)-38.995.200.175.98-0.30
Return On Assets (%)-8.81-28.25-3.79-1.06-2.99
Long Term Debt / Equity (X)0.190.230.080.070.12
Total Debt / Equity (X)7.576.381.521.311.38
Asset Turnover Ratio (%)0.310.320.240.230.19
Current Ratio (X)0.060.100.140.160.16
Quick Ratio (X)0.030.050.070.080.09
Inventory Turnover Ratio (X)0.340.440.810.730.09
Interest Coverage Ratio (X)-0.470.550.471.050.31
Interest Coverage Ratio (Post Tax) (X)-0.550.38-0.090.740.15
Enterprise Value (Cr.)2136.802120.152295.302115.562102.13
EV / Net Operating Revenue (X)1.881.551.691.471.84
EV / EBITDA (X)-21.9319.2029.389.8329.57
MarketCap / Net Operating Revenue (X)0.220.120.170.130.01
Price / BV (X)1.000.570.170.120.01
Price / Net Operating Revenue (X)0.220.120.170.130.01
EarningsYield-1.24-5.96-0.75-0.26-6.80

Mcleod Russel India Ltd Profitability Ratios (%)

Mcleod Russel India Ltd Liquidity Ratios

Mcleod Russel India Ltd Liquidity Ratios (%)

Mcleod Russel India Ltd Interest Coverage Ratios (%)

Mcleod Russel India Ltd Valuation Ratios

Fair Value

Fair Value: 282.66

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: 864.72% compared to the current price 29.3

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 112.99

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: 285.64% compared to the current price ₹29.3

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -60.03%

*Investments are subject to market risks

Strength and Weakness of Mcleod Russel India Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -10.00, which is a positive sign.
  2. The company has higher reserves (1,680.62 cr) compared to borrowings (1,283.77 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.08 cr) and profit (73.77 cr) over the years.
  1. The stock has a low average ROCE of 7.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 182.92, which may not be favorable.

FAQ

What is the latest fair value of Mcleod Russel India Ltd?

The latest fair value of Mcleod Russel India Ltd is ₹282.66.

What is the Market Cap of Mcleod Russel India Ltd?

The Market Cap of Mcleod Russel India Ltd is 306 Cr..

What is the current Stock Price of Mcleod Russel India Ltd as on 23 June 2024?

The current stock price of Mcleod Russel India Ltd as on 23 June 2024 is ₹29.3.

What is the High / Low of Mcleod Russel India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mcleod Russel India Ltd stocks is 38.0/17.4.

What is the Stock P/E of Mcleod Russel India Ltd?

The Stock P/E of Mcleod Russel India Ltd is .

What is the Book Value of Mcleod Russel India Ltd?

The Book Value of Mcleod Russel India Ltd is 23.9.

What is the Dividend Yield of Mcleod Russel India Ltd?

The Dividend Yield of Mcleod Russel India Ltd is 0.00 %.

What is the ROCE of Mcleod Russel India Ltd?

The ROCE of Mcleod Russel India Ltd is 6.99 %.

What is the ROE of Mcleod Russel India Ltd?

The ROE of Mcleod Russel India Ltd is 77.3 %.

What is the Face Value of Mcleod Russel India Ltd?

The Face Value of Mcleod Russel India Ltd is 5.00.

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 Mcleod Russel India 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