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Madras Fertilizers Ltd. Stock Analysis

Small Cap
Evaluated by 308 users | BSE: 590134 | NSE: MADRASFERT |
Fertilizers
Madras Fertilizers (MFL) has business interest in manufacturing ammonia, urea, complex fertilizers and bio fertilizers and trading in agrochemicals. Incorporated in 1966, the company was a joint venture between the Government of India (GoI) and AMOCO India. In 1971 the company commenced its...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 25.75%41.57%42.44%15.16%22.76%-7.32%-6.48%7.78%0.74%0.34%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,3031,6232,2082,3462,5931,7021,2021,3921,6161,593
Y-o-Y Gr. Rt.-24.6%36%6.3%10.5%-34.4%-29.4%15.8%16.1%-1.4%
Adjusted EPS (Rs.) 0.425.17.051.586.23-8.78-8.460.21-3.63-5.07
Y-o-Y Gr. Rt.-1114.3%38.2%-77.6%294.3%-240.9%NANA-1828.6%NA
Book Value per Share (Rs.) -38.09-27.54-20.59-19.07-12.86-21.33-33.1-26.52-30.35-35.48
Adjusted Net Profit 6.882.211425.5100-141-1363.5-58.8-82.2
Net Op. Cash Flow (Rs. Cr.) 70.52161242.8-107-64.7-19.3220-150-22.6
Debt to Cash Flow from Ops 12.893.366.28316.2-10.45-20.05-73.735.71-10.02-72.98
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Madras Fertilizers Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 2.3%-9.3%9.9%-1.4%
Adjusted EPS -231.9%-196%NANA
Book Value per Share 0000
Share Price - 1.5% -22.8% -13.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) -1.11-15.57-29.38-8-39.1751.5231.17-0.7212.7515.41
Operating Profit Margin (%) 9.998.039.255.679.02-1.750.645.751.48-0.13
Net Profit Margin (%) 0.525.065.151.093.87-8.31-11.350.25-3.64-5.16
Debt to Equity -1.48-1.64-2.36-2.85-5.43-3.79-2.68-2.91-3.06-2.87
Working Capital Days 81777189152283328249236272
Cash Conversion Cycle -43-20-210-34-54-914-9-14
Entity Percentage Holding
Promoters 85.27%
Institutions 0.02%
Non-Institutions 14.71%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Madras Fertilizers Ltd.'s performance infers:

Madras Fertilizers Ltd. earnings have declined by -196%, whereas share price has appreciated 1.5% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Madras Fertilizers (MFL) has business interest in manufacturing ammonia, urea, complex fertilizers and bio fertilizers and trading in agrochemicals. Incorporated in 1966, the company was a joint venture between the Government of India (GoI) and AMOCO India. In 1971 the company commenced its plant production.

Currently GoI holds 59.50% in equity and National Iranian Oil Company (NIOC) holds 25.77%.

MFL has received ISO-9001-2000 and ISO-14001-2004 certifications for its quality

Madras Fertilizers (MFL) has business interest in manufacturing ammonia, urea, complex fertilizers and bio fertilizers and trading in agrochemicals. Incorporated in 1966, the company was a joint venture between the Government of India (GoI) and AMOCO India. In 1971 the company commenced its plant production.

Currently GoI holds 59.50% in equity and National Iranian Oil Company (NIOC) holds 25.77%.

MFL has received ISO-9001-2000 and ISO-14001-2004 certifications for its quality management. The company has 11 strategic centers in 5 southern states, viz, Andhra Pradesh, Karnataka, Tamilnadu, Kerala and Pondicherry. It has dealer network of 6500 outlets.

Products

The company is engaged in manufacturing of chemical fertilizers such as urea, MOP and DAP, bio fertilizers such as azospirillum, rhizobium, phospho bacteria and NP Bio; and neem-based agro chemicals.

The company markets these products under the brand name Vijay.

Awards

MFL received award from Fertilizer Association of India for “Outstanding performance in Production of Phosphatic Fertilizers”.

It was awarded Jawaharlal Nehru Memorial National Award for “Effective Implementation of Pollution Control”.

The company received the J N Best Energy Conservation Implementation Gold Award.

Outlook

MFL plans to restart its NPK (nitrogen-phosphorus-potassium) unit and is looking out for funds for purchasing required raw materials for the plant.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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