Fundamental Analysis of MK Proteins Ltd

About the Company - MK Proteins Ltd

M K Proteins Ltd. is a Public Limited Listed company incorporated on 15/06/2012 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L15500HR2012PLC046239 and registration number is 046239. Currently company belongs to the Industry of Edible Oils & Solvent Extraction. Company’s Total Operating Revenue is Rs. 255.89 Cr. and Equity Capital is Rs. 4.17 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Edible Oils & Solvent Extraction	Naraingarh Road, Vill. Garnala, Ambala District Haryana 134003	info@mkproteins.in http://www.mkproteins.in

Management
Name	Position Held
Mr. Vinod Kumar	Executive Director
Mr. Raj Kumar	Non Exe.Non Ind.Director
Mr. Parvind Kumar	Non Executive Director
Mr. Parmod Kumar	Managing & Executive Director
Ms. Laxmi Mandal	Ind. Non-Executive Director
Mr. Tej Mohan Singh	Ind. Non-Executive Director
Mrs. Shipra Jain	Ind. Non-Executive Director
Mr. Swati Gupta	Ind. Non-Executive Director

Basic Stock Data of MK Proteins Ltd

Last Updated: July 26, 2024, 10:24 pm

Market Cap	434 Cr.
Current Price	11.6
High / Low	33.4/9.45
Stock P/E	38.7
Book Value	1.63
Dividend Yield	0.00 %
ROCE	18.8 %
ROE	20.1 %
Face Value	1.00
PEG Ratio	0.85

Data Source: screener.in

MK Proteins Ltd Quarterly Results

Month	Mar 2017	Jun 2023	Sep 2023	Dec 2023
Sales	53.59	76.20	13.64	68.86
Expenses	51.69	72.21	13.00	65.30
Operating Profit	1.90	3.99	0.64	3.56
OPM %	3.55%	5.24%	4.69%	5.17%
Other Income	0.01	0.00	0.03	0.01
Interest	0.69	0.52	0.04	0.11
Depreciation	0.30	0.12	0.12	0.12
Profit before tax	0.92	3.35	0.51	3.34
Tax %	36.96%	25.67%	21.57%	25.75%
Net Profit	0.57	2.49	0.41	2.48
EPS in Rs	0.02	0.07	0.01	0.07

Last Updated: July 11, 2024, 8:32 am

MK Proteins Ltd Quarterly Chart

MK Proteins Ltd Profit & Loss

Last Updated: July 10, 2024, 7:22 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Sales	85	122	123	145	165	172	157	194	311	256	315
Expenses	84	119	119	141	160	166	152	189	295	240	298
Operating Profit	2	3	4	4	5	6	5	5	16	16	17
OPM %	2%	2%	3%	3%	3%	3%	3%	2%	5%	6%	5%
Other Income	0	0	0	0	0	0	0	0	0	0	0
Interest	1	2	2	2	2	2	2	2	1	1	2
Depreciation	0	0	1	1	1	1	1	1	1	1	1
Profit before tax	1	1	1	1	2	2	2	2	14	14	15
Tax %	33%	33%	32%	31%	35%	35%	28%	26%	27%	27%	27%
Net Profit	1	0	1	1	1	1	2	2	10	10	11
EPS in Rs	2.52	2.33	4.00	3.43	0.12	0.11	0.13	0.15	0.83	0.81	0.85
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

MK Proteins Ltd Profit & Loss Yearly Chart

MK Proteins Ltd Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	9%
3 Years:	-8%
TTM:	-22%

Compounded Profit Growth
10 Years:	37%
5 Years:	47%
3 Years:	3%
TTM:	5%

Stock Price CAGR
10 Years:	%
5 Years:	72%
3 Years:	136%
1 Year:	-53%

Return on Equity
10 Years:	23%
5 Years:	25%
3 Years:	24%
Last Year:	20%

Last Updated: July 26, 2024, 4:54 pm

MK Proteins Ltd Balance Sheet

Last Updated: July 10, 2024, 7:22 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	1	1	1	1	3	4	4	4	4	4	13	13
Reserves	1	1	2	3	2	11	13	15	25	35	38	41
Borrowings	18	28	20	26	31	33	26	31	25	37	45	7
Other Liabilities	2	2	13	10	12	8	4	7	13	10	10	7
Total Liabilities	21	32	35	39	47	56	47	57	67	86	105	68
Fixed Assets	3	3	6	7	7	6	4	3	2	3	2	2
CWIP	0	3	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	3
Other Assets	18	26	29	32	40	50	43	53	65	83	103	63
Total Assets	21	32	35	39	47	56	47	57	67	86	105	68

MK Proteins Ltd Reserves and Borrowings Chart

MK Proteins Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	-14	-5	11	-4	-4	-12	6	-4	6	-10	-8	32
Cash from Investing Activity	-4	-3	-0	-2	-1	-0	0	0	-0	-2	0	-6
Cash from Financing Activity	18	8	-10	6	5	12	-7	4	-5	12	8	-27
Net Cash Flow	0	-0	-0	0	-0	0	-0	0	-0	0	0	0

MK Proteins Ltd Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	32	19	16	27	10	39	25	18	24	42	19
Inventory Days	40	62	70	57	83	69	75	79	48	80	91
Days Payable	6	6	39	22	23	12	6	8	10	8	6
Cash Conversion Cycle	65	75	47	62	70	97	94	89	62	114	104
Working Capital Days	64	69	47	54	60	89	89	86	60	104	106
ROCE %		10%	14%	13%	12%	11%	8%	8%	29%	23%	19%

MK Proteins Ltd Financial Efficiency Indicators Chart

MK Proteins Ltd Share Holding Pattern

Month	Mar 2019	Jun 2019	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023
Promoters	64.95%	64.95%	74.82%	74.82%	74.82%	74.82%	74.82%	74.82%	74.82%	74.82%	74.82%	74.82%
Public	35.05%	35.06%	25.18%	25.17%	25.17%	25.18%	25.18%	25.18%	25.18%	25.18%	25.17%	25.17%
No. of Shareholders	78	78	58	60	44	34	42	57	87	150	344	1,454

MK Proteins Ltd Shareholding Pattern Chart

No. of MK Proteins Ltd Shareholders

This stock is not held by any mutual fund

MK Proteins Ltd ROCE Trend

MK Proteins Ltd EPS Trend

MK Proteins Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.30	8.51	24.42	24.91	4.36
Diluted EPS (Rs.)	0.30	8.51	24.42	24.91	4.36
Cash EPS (Rs.)	0.31	9.11	26.61	27.09	7.16
Book Value[Excl.RevalReserv]/Share (Rs.)	1.63	40.18	94.95	70.34	45.43
Book Value[Incl.RevalReserv]/Share (Rs.)	1.63	40.18	94.95	70.34	45.43
Revenue From Operations / Share (Rs.)	6.54	251.64	613.52	745.89	465.43
PBDIT / Share (Rs.)	0.45	13.66	37.85	38.31	12.24
PBIT / Share (Rs.)	0.44	13.06	35.66	36.13	9.43
PBT / Share (Rs.)	0.41	11.67	33.67	34.34	5.86
Net Profit / Share (Rs.)	0.29	8.51	24.42	24.91	4.36
PBDIT Margin (%)	6.94	5.42	6.16	5.13	2.63
PBIT Margin (%)	6.73	5.18	5.81	4.84	2.02
PBT Margin (%)	6.29	4.63	5.48	4.60	1.25
Net Profit Margin (%)	4.56	3.38	3.98	3.33	0.93
Return on Networth / Equity (%)	18.35	21.17	25.71	35.41	9.58
Return on Capital Employeed (%)	26.54	30.87	35.13	44.53	17.14
Return On Assets (%)	11.64	10.14	11.82	15.42	3.21
Long Term Debt / Equity (X)	0.00	0.05	0.06	0.15	0.20
Total Debt / Equity (X)	0.31	0.88	0.92	0.83	1.61
Asset Turnover Ratio (%)	2.44	3.30	3.33	5.02	3.74
Current Ratio (X)	2.53	1.96	1.88	1.92	1.57
Quick Ratio (X)	0.19	0.58	0.74	0.79	0.41
Inventory Turnover Ratio (X)	2.73	4.23	4.49	5.77	4.97
Interest Coverage Ratio (X)	16.02	9.86	18.96	21.31	3.42
Interest Coverage Ratio (Post Tax) (X)	11.53	7.14	13.23	14.86	2.22
Enterprise Value (Cr.)	389.89	957.87	116.65	57.72	60.08
EV / Net Operating Revenue (X)	1.59	3.04	0.45	0.18	0.30
EV / EBITDA (X)	22.85	56.03	7.39	3.61	11.77
MarketCap / Net Operating Revenue (X)	1.51	2.90	0.31	0.10	0.15
Price / BV (X)	6.07	18.17	2.02	1.13	1.57
Price / Net Operating Revenue (X)	1.51	2.90	0.31	0.10	0.15
EarningsYield	0.03	0.01	0.12	0.31	0.06

MK Proteins Ltd Profitability Ratios (%)

MK Proteins Ltd Liquidity Ratios

MK Proteins Ltd Liquidity Ratios (%)

MK Proteins Ltd Interest Coverage Ratios (%)

MK Proteins Ltd Valuation Ratios

Fair Value

Fair Value: 12.93

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: 11.49% compared to the current price 11.6

Intrinsic Value: 18.83

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: 62.31% compared to the current price 11.6

Last 5 Year EPS CAGR: 45.58%

*Investments are subject to market risks

Strength and Weakness of MK Proteins Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (185.91 cr) and profit (5.00 cr) over the years.	The stock has a low average ROCE of 13.36%, which may not be favorable. The stock has a high average Working Capital Days of 75.27, which may not be favorable. The stock has a high average Cash Conversion Cycle of 79.91, which may not be favorable. The company has higher borrowings (28.33) compared to reserves (14.17), which may suggest financial risk.

FAQ

What is the latest fair value of MK Proteins Ltd?

The latest fair value of MK Proteins Ltd is ₹12.93.

What is the Market Cap of MK Proteins Ltd?

The Market Cap of MK Proteins Ltd is 434 Cr..

What is the current Stock Price of MK Proteins Ltd as on 26 July 2024?

The current stock price of MK Proteins Ltd as on 26 July 2024 is 11.6.

What is the High / Low of MK Proteins Ltd stocks in FY 2024?

In FY 2024, the High / Low of MK Proteins Ltd stocks is 33.4/9.45.

What is the Stock P/E of MK Proteins Ltd?

The Stock P/E of MK Proteins Ltd is 38.7.

What is the Book Value of MK Proteins Ltd?

The Book Value of MK Proteins Ltd is 1.63.

What is the Dividend Yield of MK Proteins Ltd?

The Dividend Yield of MK Proteins Ltd is 0.00 %.

What is the ROCE of MK Proteins Ltd?

The ROCE of MK Proteins Ltd is 18.8 %.

What is the ROE of MK Proteins Ltd?

The ROE of MK Proteins Ltd is 20.1 %.

What is the Face Value of MK Proteins Ltd?

The Face Value of MK Proteins Ltd is 1.00.