Modi Naturals Ltd Stock Analysis

BSE: 519003 | NSE: | Edible Oil | Small Cap

BSE Share Price 27-Jan-2023 18:01
204.60 3.70 (1.84%)

DeciZen - Make an Informed Decision on Modi Naturals

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Modi Naturals Price Chart

P/E Ratio ( SA) :
41.56
Market Cap :
254.3 Cr.
52-wk low :
167
52-wk high :
299.3
Bole Toh?

1. Is Modi Naturals Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Modi Naturals Ltd is a below average quality company.

2. Is Modi Naturals Ltd undervalued or overvalued?

The key valuation ratios of Modi Naturals Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Modi Naturals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Modi Naturals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Modi Naturals:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Modi Naturals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.3%5.3%4%7.4%3%3%2.8%7.6%10.4%9.7%-
Value Creation Index -0.4-0.6-0.7-0.5-0.8-0.8-0.8-0.5-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 195210234272293279296388443474441
YoY Gr. Rt. %-7.9%11.5%16.2%7.9%-5%6.3%31.1%14%7.1%-
Adj EPS 2.41.40.12-00.20.73.76.57.24.8
YoY Gr. Rt. %--44.7%-89.6%1292.9%-100.5%NA195.8%418.3%75.5%10.8%-
BVPS (₹) 25.525.324.123.3252437.342.852.360.763.4
Adj Net Profit 2.71.50.22.200.30.94.78.29.16
Cash Flow from Ops. 4.6-4.9-6.9-7.4-7.72.3-6.60.89.3-12.7-
Debt/CF from Ops. 3.9-4.5-4.1-4.8-4.714.2-4.839.52.2-4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.4%10.1%17%7.1%
Adj EPS 12.7%NA116.1%10.8%
BVPS 10.119.417.616
Share Price 31% 8.4% 97.6% -17.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 9.85.20.57.1-00.61.98.513.112.57.8
Op. Profit Mgn % 3.72.71.83.41.51.71.91.92.93.22.5
Net Profit Mgn % 1.40.70.10.8-00.10.31.21.91.91.4
Debt to Equity 0.60.81.11.41.31.20.70.60.30.70
Working Cap Days 6680847884969986818899
Cash Conv. Cycle 4955606171818169657046

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 16.98%

Net Profit is growing at healthy rate in last 3 years 116.05%

Debt to equity has declined versus last 3 years average to 0.66

Return on Equity has declined versus last 3 years average to 7.80%

Sales growth is not so good in last 4 quarters at -7.87%

Latest Financials - Modi Naturals Ltd.

Standalone Consolidated
TTM EPS (₹) 4.8 4.8
TTM Sales (₹ Cr.) 441 441
BVPS (₹.) 63.4 63.1
Reserves (₹ Cr.) 68 68
P/BV 3.17 3.19
PE 41.56 41.62
From the Market
52 Week Low / High (₹) 167.00 / 299.30
All Time Low / High (₹) 0.75 / 300.00
Market Cap (₹ Cr.) 254
Equity (₹ Cr.) 12.7
Face Value (₹) 10
Industry PE 64.9

Management X-Ray of Modi Naturals :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Modi Naturals

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Modi Naturals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Modi Naturals on 27-Jan-2023 18:01 is : 204.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Jan-2023 18:01 the market cap of Modi Naturals stood at ₹ 254.3.
The latest PE ratio of Modi Naturals as of 27-Jan-2023 18:01 is 41.56.
The latest PB ratio of Modi Naturals as of 27-Jan-2023 18:01 is 3.17
The 52-week high of Modi Naturals is ₹ 299.3 and the 52-week low is ₹ 167.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Modi Naturals is ₹ 440.9 ( Cr.) .

About Modi Naturals Ltd

Anil Modi Oil Industries Ltd. (AMOIL), since its inception in 1974, has emerged a leader in the edible oil and allied products industry of India. The company has won awards for processing the highest quantity of rice bran in the country for three consecutive years. The company proudly boasts of state-of-the-art technology and outstanding management through which it constantly delivers to its customers the benefit of Quality and Price.

D D Modi, of the Modi Group, was the visionary entrepreneur who established AMOIL. He began his journey in the oil industry back in 1944 with an oil plant in Punjab as part of the family business. Through the years, his knowledge gained on mustard, groundnut, cotton seed, mowrah, rice and sunflower oils has been passed on from generation to generation.

AMOIL’s manufacturing facilities are situated in the 'Tarai Region' of India at the foot of the Himalayas, giving it an exceptional location advantage. This area is the most fertile in the country, enabling AMOIL to procure high quality raw materials to deliver the best products.

AMOIL is dedicated to the research and development of the best quality of Rice Oil available. It uses latest technologies to ensure that the many good qualities Rice Oil are retained.

AMOIL’s Rice Oil is much superior to all traditional cooking oils and can be considered food as medicine. Owing to its health benefits, many snack food majors have replaced hydrogenated oils by Rice Oil for their frying needs.

Product range of the company includes:

Consumer products

  • Rice Oil: the world's healthiest oil

Industrial products

  • Refined Rice Oil
  • Refined Sunflower Oil
  • Rice Bran Wax (New!)
  • Upgraded Rice Oil
  • Solvent Extracted Rice Oil
  • De-oiled Rice Bran
  • Distilled Rice Fatty Acid
  • Solvent Extracted Sunflower Oil
  • Expeller Sunflower Oil
  • De-oiled Sunflower Cake

Benefits of AMOIL rice oil

  • Foods cooked in AMOIL's Rice Oil absorb upto 20% less oil, resulting in less calories consumed, better flavor and more economical cooking.
  • It is a good source of Vitamin E complex and antioxidants such as Gamma Oryzanol, Tocopherol, Tocotrienol, Phytosterols, Polyphenols and Squaline. These micronutrients help fight and combat the effects of aging.
  • Rice Oil has the best balance of monounsaturated, polyunsaturated and saturated fats, as recommended by National Institute of Nutrition (Hyderabad) and the World Health Organization. This helps reduce bad cholesterol and prevent heart-diseases.
  • AMOIL's Rice Oil has a high smoke point, making it ideal for frying. It is a perfect replacement for hydrogenated oils that contain unhealthy trans-fats.
  • AMOIL's Rice Oil is physically refined, unlike many other oils that are chemically (artificially) refined. This helps retain all its natural ingredients to provide a healthy and complete cooking oil.
  • The viscosity of AMOIL's Rice Oil is very low. This makes the oil feel light and enhances the flavor of food cooked in it.

Milestones:

  • 2009    -   Launch of Refined Rice Oil by up-gradation of refinery.
  • 2005    -    Establishment of oil mill in Pilibhit.
  • 2003    -    Award for 'Highest Processor of Rice Bran in India' by SEA of India.
  • 2002    -    Merger of sister concern Neha Oils Limited with AMOIL.
  • 1998    -    Expansion of Neha Oils Unit.
  • 1995    -    Expansion of refinery.
  • 1994    -    Expansion of unit 1.
  • 1992    -    Establishment of physical refinery in Pilibhit.
  • 1991    -    Rights issue at par of AMOIL equity to existing share holders.
  • 1990    -    Acquisition of Solvent plant (by sister concern Neha Oils Limited) in Pilibhit.
  • 1985    -   IPO on Bombay Stock Exchange.
  • 1985    -    Greenfield solvent extraction plant (unit 1) in Pilibhit U.P.
  • 1979    -   New, greenfield solvent extraction plant in Sunam.
  • 1974     -   The company was incorporated and an oil mill was established in Sunam, Punjab.
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