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Last Updated on: 13 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Mittal Life Style Ltd

About the Company - Mittal Life Style Ltd

Mittal Life Style Ltd. is a Public Limited Listed company incorporated on 31/08/2005 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L18101MH2005PLC155786 and registration number is 155786. Currently company belongs to the Industry of Textiles - Denim. Company’s Total Operating Revenue is Rs. 51.82 Cr. and Equity Capital is Rs. 14.93 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - DenimUnit No. 8/9, Ravikiran, Ground Floor, Mumbai Maharashtra 400053jalpapurohit@mittallifestyle.in
https://www.mittallifestyle.in
Management
NamePosition Held
Mr. Brijeshkumar J MittalChairman & Managing Director
Mr. Pratik Brijeshkumar MittalDirector & CFO
Mrs. Sudha Brijeshkumar MittalNon Executive Woman Director
Mr. Praful Jadavji ShahIndependent Director
Mr. Prasun Muljibhai ModiIndependent Director
Mr. Vishnu Banwarilala SharmaIndependent Director

Basic Stock Data of Mittal Life Style Ltd

Last Updated: June 12, 2024, 10:32 pm

Market Cap 69.6 Cr.
Current Price 2.35
High / Low3.25/1.31
Stock P/E63.2
Book Value 1.11
Dividend Yield0.00 %
ROCE2.14 %
ROE3.45 %
Face Value 1.00
PEG Ratio-3.20

Competitors of Mittal Life Style Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Nandan Denim Ltd 623 Cr. 43.248.9/17.313.9 40.60.00 %11.7 %7.99 % 10.0
Vinny Overseas Ltd 105 Cr. 4.506.40/2.4229.6 1.350.00 %13.0 %12.0 % 1.00
Aarvee Denims & Exports Ltd 56.0 Cr. 23.843.1/17.0 7.330.00 %9.65 %114 % 10.0
Industry Average261.33 Cr23.8314.5016.430.00%11.45%44.66%7.00

Mittal Life Style Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales17.8323.796.4220.0112.3513.0315.4216.5513.8617.7315.4021.4813.70
Expenses17.6223.556.3419.8912.1713.0415.3716.5313.6717.3315.2421.3813.56
Operating Profit0.210.240.080.120.18-0.010.050.020.190.400.160.100.14
OPM %1.18%1.01%1.25%0.60%1.46%-0.08%0.32%0.12%1.37%2.26%1.04%0.47%1.02%
Other Income0.000.000.000.000.000.000.000.060.100.100.220.390.46
Interest0.090.070.020.000.020.010.010.050.000.080.000.020.01
Depreciation0.020.030.020.020.020.010.020.020.020.030.020.080.05
Profit before tax0.100.140.040.100.14-0.030.020.010.270.390.360.390.54
Tax %40.00%14.29%50.00%30.00%28.57%33.33%50.00%0.00%18.52%-48.72%5.56%76.92%37.04%
Net Profit0.070.120.030.070.11-0.030.010.000.220.580.350.090.34
EPS in Rs0.010.010.000.010.01-0.000.000.000.010.020.010.000.01

Last Updated: June 6, 2024, 7:40 am

Mittal Life Style Ltd Quarterly Chart

Mittal Life Style Ltd Profit & Loss

MonthMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14.7559.0478.5780.1289.7499.7552.1551.8263.5768.31
Expenses14.7358.3279.2079.2488.9597.0452.3751.4762.9367.51
Operating Profit0.020.72-0.630.880.792.71-0.220.350.640.80
OPM %0.14%1.22%-0.80%1.10%0.88%2.72%-0.42%0.68%1.01%1.17%
Other Income0.000.002.272.342.070.001.070.010.261.17
Interest0.000.651.050.760.640.480.430.050.130.11
Depreciation0.000.050.110.230.140.110.080.060.090.18
Profit before tax0.020.020.482.232.082.120.340.250.681.68
Tax %50.00%0.00%0.00%40.81%26.92%27.83%20.59%28.00%23.53%
Net Profit0.020.010.481.331.511.520.260.180.531.36
EPS in Rs0.200.010.520.100.120.120.020.010.020.04
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Mittal Life Style Ltd Profit & Loss Yearly Chart

Mittal Life Style Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-5%
3 Years:-14%
TTM:16%
Compounded Profit Growth
10 Years:%
5 Years:-27%
3 Years:-44%
TTM:813%
Stock Price CAGR
10 Years:%
5 Years:-28%
3 Years:20%
1 Year:26%
Return on Equity
10 Years:%
5 Years:5%
3 Years:1%
Last Year:1%

Last Updated: May 2, 2024, 10:56 am

Mittal Life Style Ltd Balance Sheet

MonthMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.474.954.957.057.0511.7511.7514.9329.5929.59
Reserves0.94-0.030.493.944.841.651.911.081.392.30
Borrowings3.165.397.409.415.656.736.560.750.000.00
Other Liabilities0.862.404.325.096.5111.376.352.852.655.79
Total Liabilities5.4312.7117.1625.4924.0531.5026.5719.6133.6337.68
Fixed Assets0.120.300.600.410.290.220.170.131.021.61
CWIP0.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.007.019.786.68
Other Assets5.3112.4116.5625.0823.7631.2826.4012.4722.8329.39
Total Assets5.4312.7117.1625.4924.0531.5026.5719.6133.6337.68

Mittal Life Style Ltd Reserves and Borrowings Chart

Mittal Life Style Ltd Cash Flow

MonthMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.00-0.38-1.061.030.120.474.89-9.28
Cash from Investing Activity 0.00-0.40-0.01-0.45-0.03-0.03-7.02-3.71
Cash from Financing Activity 0.000.975.46-4.55-0.48-0.432.1314.53
Net Cash Flow0.000.184.39-3.96-0.390.010.001.54

Nandan Denim Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days96.5164.3658.5371.3479.5693.05150.6974.73102.37119.61
Inventory Days28.4312.7017.4718.979.04100.4418.99
Days Payable21.2615.3320.2520.3020.81260.8923.76
Cash Conversion Cycle103.6861.7355.7670.0167.7993.05150.69-85.72102.37114.83
Working Capital Days104.4361.7656.0370.0767.4472.05138.7266.14105.65170.26
ROCE %13.22%17.99%14.34%13.80%3.82%1.57%2.30%

Mittal Life Style Ltd Financial Efficiency Indicators Chart

Mittal Life Style Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters40.09%40.09%40.09%45.08%45.08%45.07%45.07%69.48%67.96%63.32%48.98%37.49%
Public59.92%59.90%59.91%54.93%54.93%54.93%54.92%30.52%32.04%36.68%51.02%62.51%
No. of Shareholders7,8718,74110,77215,28915,11614,75114,11013,79013,20112,68131,25862,701

Mittal Life Style Ltd Shareholding Pattern Chart

No. of Mittal Life Style Ltd Shareholders

This stock is not held by any mutual fund

Mittal Life Style Ltd ROCE Trend

Mittal Life Style Ltd EPS Trend

Mittal Life Style Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.0010.0010.0010.0010.00
Basic EPS (Rs.)0.090.180.120.221.30
Diluted EPS (Rs.)0.090.180.120.221.30
Cash EPS (Rs.)0.090.200.160.291.39
Book Value[Excl.RevalReserv]/Share (Rs.)1.1110.4710.7311.6311.41
Book Value[Incl.RevalReserv]/Share (Rs.)1.1110.4710.7311.6311.41
Revenue From Operations / Share (Rs.)2.2821.4834.7044.3884.89
PBDIT / Share (Rs.)0.030.300.230.712.30
PBIT / Share (Rs.)0.020.270.190.642.21
PBT / Share (Rs.)0.070.230.160.281.80
Net Profit / Share (Rs.)0.080.170.120.221.30
PBDIT Margin (%)1.331.420.681.622.71
PBIT Margin (%)1.021.280.561.462.59
PBT Margin (%)3.211.070.470.632.12
Net Profit Margin (%)3.870.820.340.501.52
Return on Networth / Equity (%)7.981.691.111.9111.37
Return on Capital Employeed (%)2.112.621.835.5719.33
Return On Assets (%)6.901.560.910.984.83
Total Debt / Equity (X)0.020.000.040.480.50
Asset Turnover Ratio (%)1.892.392.241.803.59
Current Ratio (X)7.1112.375.422.051.73
Quick Ratio (X)6.4611.475.191.751.45
Interest Coverage Ratio (X)24.186.997.701.975.67
Interest Coverage Ratio (Post Tax) (X)30.715.074.911.614.20
Enterprise Value (Cr.)46.0826.7821.8018.08116.96
EV / Net Operating Revenue (X)0.680.420.420.341.17
EV / EBITDA (X)51.2429.6361.7221.3943.26
MarketCap / Net Operating Revenue (X)0.680.440.410.221.11
Price / BV (X)1.400.921.330.858.24
Price / Net Operating Revenue (X)0.680.440.410.221.11
EarningsYield0.050.010.010.020.01

Mittal Life Style Ltd Profitability Ratios (%)

Mittal Life Style Ltd Liquidity Ratios

Mittal Life Style Ltd Liquidity Ratios (%)

Mittal Life Style Ltd Interest Coverage Ratios (%)

Mittal Life Style Ltd Valuation Ratios

Fair Value

Fair Value: 2.47

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: 5.05% compared to the current price 2.35

Intrinsic Value: 1.98

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.

Overvalued: 15.67% compared to the current price ₹2.35

Last 5 Year EPS CAGR: -19.73%

*Investments are subject to market risks

Strength and Weakness of Mittal Life Style Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (65.78 cr) and profit (0.99 cr) over the years.
  1. The stock has a low average ROCE of 6.70%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 91.26, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 73.42, which may not be favorable.
  4. The company has higher borrowings (4.51) compared to reserves (1.85), which may suggest financial risk.

FAQ

What is the latest fair value of Mittal Life Style Ltd?

The latest fair value of Mittal Life Style Ltd is ₹2.47.

What is the Market Cap of Mittal Life Style Ltd?

The Market Cap of Mittal Life Style Ltd is 69.6 Cr..

What is the current Stock Price of Mittal Life Style Ltd as on 13 June 2024?

The current stock price of Mittal Life Style Ltd as on 13 June 2024 is ₹2.35.

What is the High / Low of Mittal Life Style Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mittal Life Style Ltd stocks is 3.25/1.31.

What is the Stock P/E of Mittal Life Style Ltd?

The Stock P/E of Mittal Life Style Ltd is 63.2.

What is the Book Value of Mittal Life Style Ltd?

The Book Value of Mittal Life Style Ltd is 1.11.

What is the Dividend Yield of Mittal Life Style Ltd?

The Dividend Yield of Mittal Life Style Ltd is 0.00 %.

What is the ROCE of Mittal Life Style Ltd?

The ROCE of Mittal Life Style Ltd is 2.14 %.

What is the ROE of Mittal Life Style Ltd?

The ROE of Mittal Life Style Ltd is 3.45 %.

What is the Face Value of Mittal Life Style Ltd?

The Face Value of Mittal Life Style Ltd is 1.00.

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 Mittal Life Style 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