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Last Updated on: 05 October, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Mohini Health & Hygiene Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: October 4, 2024, 5:17 pm

Market Cap 111 Cr.
Current Price 61.0
High / Low87.0/46.5
Stock P/E10.5
Book Value 55.1
Dividend Yield0.82 %
ROCE14.5 %
ROE11.1 %
Face Value 10.0
PEG Ratio6.69

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mohini Health & Hygiene Ltd

Competitors of Mohini Health & Hygiene Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Constronics Infra Ltd 183 Cr. 146150/10.9286 1.350.00 %20.8 %118 % 10.0
Centenial Surgical Suture Ltd 50.0 Cr. 137160/84.048.0 88.30.00 %8.07 %3.57 % 10.0
Adeshwar Meditex Ltd 34.6 Cr. 24.036.0/18.317.2 24.20.00 %9.62 %5.93 % 10.0
Poly Medicure Ltd 23,778 Cr. 2,3482,687/1,25088.2 1530.13 %23.6 %19.1 % 5.00
Mohini Health & Hygiene Ltd 111 Cr. 61.087.0/46.510.5 55.10.82 %14.5 %11.1 % 10.0
Industry Average4,831.32N/A89.98N/AN/A15.3231.54N/A

All Competitor Stocks of Mohini Health & Hygiene Ltd

Quarterly Result

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales596266726346829993101
Expenses48546360594078948594
Operating Profit108312564578
OPM %18%13%4%17%7%13%4%5%8%8%
Other Income0060016604
Interest3222222132
Depreciation3233332222
Profit before tax5447026837
Tax %0%5%31%0%3,780%25%31%32%46%28%
Net Profit5437-224525
EPS in Rs2.741.991.484.10-1.010.902.092.810.912.83

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales28414991122137148127128135127192194
Expenses29394786112127130107117118118179179
Operating Profit-022510101720111791315
OPM %-1%5%4%5%8%7%12%16%8%12%7%7%8%
Other Income2-000132160764
Interest1111437544445
Depreciation0001335555544
Profit before tax1113487108881110
Tax %35%28%32%24%10%27%30%26%18%25%29%36%
Net Profit0112465866577
EPS in Rs2.845.522.887.6215.0318.832.814.213.463.092.993.723.74
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%100.00%100.00%50.00%-16.67%60.00%-25.00%0.00%-16.67%40.00%
Change in YoY Net Profit Growth (%)0.00%100.00%0.00%-50.00%-66.67%76.67%-85.00%25.00%-16.67%56.67%

Mohini Health & Hygiene Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:15%
5 Years:10%
3 Years:14%
TTM:4%
Compounded Profit Growth
10 Years:31%
5 Years:7%
3 Years:23%
TTM:55%
Stock Price CAGR
10 Years:%
5 Years:32%
3 Years:45%
1 Year:-12%
Return on Equity
10 Years:10%
5 Years:9%
3 Years:9%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital1333318181818181818
Reserves31012162140485459657182
Borrowings72352586556514243442823
Other Liabilities2518111820161922222117
Total Liabilities14408487107133133133143148138140
Fixed Assets6644424164636064504940
CWIP01801210010000
Investments000000000012
Other Assets81740444470707279988998
Total Assets14408487107133133133143148138140

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 0003132141611-72615
Cash from Investing Activity 000-2-19-5-4-2-910-6-1
Cash from Financing Activity 000-165-11-14-3-3-20-10
Net Cash Flow0000-02-21-1004

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow0.00-5.00-21.00-47.00-48.00-55.00-39.00-31.00-31.00-26.00-35.00-15.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days362613349648982656011267
Inventory Days95215583744799412610665
Days Payable813441413151628251816
Cash Conversion Cycle36651059388117145131161200116
Working Capital Days447210210471104138132151221134
ROCE %19%8%6%12%13%14%14%10%10%9%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Promoters61.64%61.87%62.30%62.30%62.33%62.33%62.33%62.33%62.33%63.28%63.28%63.28%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.05%0.05%0.05%
DIIs1.86%1.86%1.86%1.86%1.76%1.58%1.25%1.22%0.00%0.00%0.00%0.00%
Public36.50%36.27%35.85%35.84%35.91%36.10%36.42%35.25%36.42%34.18%34.18%35.38%
No. of Shareholders465468432397408373575616616597593733

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)5.863.723.713.253.58
Diluted EPS (Rs.)5.863.723.713.253.58
Cash EPS (Rs.)8.226.076.786.396.37
Book Value[Excl.RevalReserv]/Share (Rs.)55.0549.1946.0342.7039.57
Book Value[Incl.RevalReserv]/Share (Rs.)55.0549.1946.0342.7039.57
Revenue From Operations / Share (Rs.)109.46105.2977.9475.3971.11
PBDIT / Share (Rs.)12.0010.449.599.909.36
PBIT / Share (Rs.)9.648.106.696.906.58
PBT / Share (Rs.)7.315.824.774.544.24
Net Profit / Share (Rs.)5.863.723.893.393.58
NP After MI And SOA / Share (Rs.)5.863.723.713.253.58
PBDIT Margin (%)10.969.9112.3013.1313.16
PBIT Margin (%)8.807.698.589.149.24
PBT Margin (%)6.685.536.126.025.95
Net Profit Margin (%)5.353.534.984.495.03
NP After MI And SOA Margin (%)5.353.534.764.305.03
Return on Networth / Equity (%)10.647.568.127.639.04
Return on Capital Employeed (%)15.8314.3513.0513.4213.51
Return On Assets (%)7.654.904.304.034.87
Long Term Debt / Equity (X)0.050.090.060.150.18
Total Debt / Equity (X)0.220.310.520.460.48
Asset Turnover Ratio (%)1.441.300.930.980.97
Current Ratio (X)3.192.431.571.471.54
Quick Ratio (X)2.411.731.150.891.01
Inventory Turnover Ratio (X)6.255.423.423.114.32
Interest Coverage Ratio (X)5.164.594.994.214.00
Interest Coverage Ratio (Post Tax) (X)3.522.643.022.442.53
Enterprise Value (Cr.)113.80119.9693.7479.6054.34
EV / Net Operating Revenue (X)0.570.620.650.570.41
EV / EBITDA (X)5.206.305.364.413.18
MarketCap / Net Operating Revenue (X)0.480.480.350.320.16
Price / BV (X)0.951.030.600.560.28
Price / Net Operating Revenue (X)0.480.480.350.320.16
EarningsYield0.110.070.130.130.31

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mohini Health & Hygiene Ltd as of October 5, 2024 is: ₹64.75

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.

As of October 5, 2024, Mohini Health & Hygiene Ltd is Undervalued by 6.15% compared to the current share price ₹61.00

Intrinsic Value of Mohini Health & Hygiene Ltd as of October 5, 2024 is: ₹65.77

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of October 5, 2024, Mohini Health & Hygiene Ltd is Undervalued by 7.82% compared to the current share price ₹61.00

Last 5 Year EPS CAGR: 1.57%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (116.85 cr) and profit (6.15 cr) over the years.
  1. The stock has a low average ROCE of 10.58%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 106.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 104.75, which may not be favorable.
  4. The company has higher borrowings (41.00) compared to reserves (40.08), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mohini Health & Hygiene Ltd:
    1. Net Profit Margin: 5.35%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 15.83% (Industry Average ROCE: 15.32%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 10.64% (Industry Average ROE: 31.54%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.52
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 2.41
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 10.5 (Industry average Stock P/E: 89.98)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.22
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Mohini Health & Hygiene Ltd. is a Public Limited Listed company incorporated on 24/06/2009 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L17300MP2009PLC022058 and registration number is 022058. Currently company belongs to the Industry of Textiles - Spinning - Cotton Blended. Company’s Total Operating Revenue is Rs. 133.14 Cr. and Equity Capital is Rs. 18.24 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Medical Equipment & AccessoriesPlot No 109, Sector 3, Dhar Madhya Pradesh 454774cs@mohinihealthandhygiene.com,
http://www.mohinihealthandhygiene.com
Management
NamePosition Held
Mr. Avnish BansalManaging Director
Mr. Sarvapriya BansalWhole Time Director
Mr. Viral PatelExecutive Director
Mrs. Parul AgarwalWhole Time Director
Mr. Mukesh VyasInd. Non-Executive Director
Mr. Chandrashekhar BobraInd. Non-Executive Director
Mr. Mukul JainInd. Non-Executive Director
Mr. Mahesh FoglaInd. Non-Executive Director

FAQ

What is the latest fair value of Mohini Health & Hygiene Ltd?

The latest fair value of Mohini Health & Hygiene Ltd is ₹64.75.

What is the Market Cap of Mohini Health & Hygiene Ltd?

The Market Cap of Mohini Health & Hygiene Ltd is 111 Cr..

What is the current Stock Price of Mohini Health & Hygiene Ltd as on 05 October 2024?

The current stock price of Mohini Health & Hygiene Ltd as on 05 October 2024 is ₹61.0.

What is the High / Low of Mohini Health & Hygiene Ltd stocks in FY 2024?

In FY 2024, the High / Low of Mohini Health & Hygiene Ltd stocks is 87.0/46.5.

What is the Stock P/E of Mohini Health & Hygiene Ltd?

The Stock P/E of Mohini Health & Hygiene Ltd is 10.5.

What is the Book Value of Mohini Health & Hygiene Ltd?

The Book Value of Mohini Health & Hygiene Ltd is 55.1.

What is the Dividend Yield of Mohini Health & Hygiene Ltd?

The Dividend Yield of Mohini Health & Hygiene Ltd is 0.82 %.

What is the ROCE of Mohini Health & Hygiene Ltd?

The ROCE of Mohini Health & Hygiene Ltd is 14.5 %.

What is the ROE of Mohini Health & Hygiene Ltd?

The ROE of Mohini Health & Hygiene Ltd is 11.1 %.

What is the Face Value of Mohini Health & Hygiene Ltd?

The Face Value of Mohini Health & Hygiene Ltd is 10.0.

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 Mohini Health & Hygiene 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