Minal Industries Ltd - Stock Valuation and Financial Performance

BSE: 522235 | NSE: | Diamond & Jewellery | Small Cap

Minal Industries Share Price

4.90 -0.08 -1.61%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Minal Industries

M-Cap below 100cr DeciZen not available

Minal Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
93.8 Cr.
52-wk low:
0.8
52-wk high:
6.5

Is Minal Industries Ltd an attractive stock to invest in?

1. Is Minal Industries Ltd a good quality company?

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

2. Is Minal Industries Ltd undervalued or overvalued?

The key valuation ratios of Minal Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Minal Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Minal Industries 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 Minal Industries:

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.
Minal Industries 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.4%-1.8%-5%-1.4%-0.7%-0.8%-7%-26.2%0.8%2.2%-
Value Creation
Index
-1.0-1.1-1.4-1.1-1.1-1.1-1.5-2.9-1.0-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.10.70000000.74.32
Sales YoY Gr.-775%-98.6%-100%NANANANANA489%-
Adj EPS -0-0.1-0.2-0.1-0-0-0.2-0.700.10
YoY Gr.-NANANANANANANANA150%-
BVPS (₹) 3.83.73.23.23.23.232.12.22.22.2
Adj Net
Profit
-0.3-1.3-3.4-0.9-0.4-0.5-4.2-130.30.90
Cash Flow from Ops. -5.2-0.3-8.6-0.2-0.1-0.1-0.15.9-0.2-2.4-
Debt/CF from Ops. -0.1-1.4-0-1.8-2.6-2.50000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 55.7%NANA489%
Adj EPS NANANA150%
BVPS-5.8%-7%-10%2.8%
Share Price 10.1% 56% 109.9% 824.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.5-1.8-5-1.4-0.7-0.9-7.1-26.20.82.10
Op. Profit
Mgn %
-495.8-155.5-52318.4-14798.90000-20.611-0.7
Net Profit
Mgn %
-392.8-183.1-22646.1-17797.200004320.50
Debt to
Equity
0000000000-
Working Cap
Days
23,15,1972,94,30777,93,60238,67,806000017,2103,0555,772
Cash Conv.
Cycle
15,46,482-37,18068,03,21622,61,27300004,4699345,581

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.00%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -23.79%

Latest Financials - Minal Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0
TTM Sales (₹ Cr.) 2.3 28.6
BVPS (₹.) 2.2 2.7
Reserves (₹ Cr.) 4 12
P/BV 2.21 1.85
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.79 / 6.53
All Time Low / High (₹) 0.11 / 23.18
Market Cap (₹ Cr.) 93.8
Equity (₹ Cr.) 38.4
Face Value (₹) 2
Industry PE 81.7

Management X-Ray of Minal Industries:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Minal Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.080.700.01000000.734.30
Operating Expenses 0.562.4716.200.990.510.756.8018.630.893.83
Manufacturing Costs0.030.020.010.010.010.010000
Material Costs0.040.757.410005.37-0.010.483.17
Employee Cost 0.100.090.030.110.050.060.060.050.100.09
Other Costs 0.401.608.750.870.450.691.3618.590.310.56
Operating Profit -0.48-1.76-16.18-0.98-0.51-0.75-6.80-18.63-0.160.47
Operating Profit Margin (%) -571.0%-250.0%-1,09,350.2%-20,153.9%-----21.3%10.9%
Other Income 0.330.107.6100.170.992.331.430.570.60
Interest 0.020.0100.010.010.020.01000.06
Depreciation 0.050.150.070.070.050.290.040.040.040.03
Exceptional Items 0000001.90000
Profit Before Tax -0.21-1.82-8.64-1.05-0.40-0.07-2.62-17.240.370.98
Tax 0.01-0.060.040-0.01-0.08000.01-0.02
Profit After Tax -0.23-1.76-8.69-1.05-0.390.01-2.62-17.240.361
PAT Margin (%) -269.0%-249.0%-58,688.2%-21,545.7%----49.1%23.3%
Adjusted EPS (₹)0.0-0.1-0.5-0.10.00.0-0.1-0.90.00.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 72.6970.9662.2861.2360.8460.8558.2340.9941.3542.34
Share Capital 38.3838.3838.3838.3838.3838.3838.3838.3838.3838.38
Reserves 34.3132.5823.9022.8522.4622.4719.852.612.973.96
Minority Interest0000000000
Debt0.400.350.350.350.350.350000
Long Term Debt0000000000
Short Term Debt0.400.350.350.350.350.350000
Trade Payables506.95527.785.650.110.210.130.110.190.111.82
Others Liabilities 0.460.350.310.280.170.150.090.100.120.12
Total Liabilities 580.50599.4468.5861.9661.5761.4758.4341.2841.5944.28

Fixed Assets

Gross Block2.492.492.492.492.492.431.921.921.921.92
Accumulated Depreciation1.171.271.341.411.461.751.321.351.391.42
Net Fixed Assets1.321.221.151.081.030.680.600.560.530.50
CWIP 0000000000
Investments 20.8720.7812.3412.3412.3312.3212.336.316.316.31
Inventories22.4021.9014.5214.5114.5114.519.149.158.8110.61
Trade Receivables513.57534.5019.7111.7711.8111.80000.733.45
Cash Equivalents 0.370.260.250.060.060.030.030.030.070.26
Others Assets21.9720.7820.6122.1921.8222.1136.3425.2225.1523.15
Total Assets 580.50599.4468.5861.9661.5761.4758.4341.2841.5944.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -5.21-0.25-8.55-0.19-0.13-0.14-0.135.86-0.21-2.41
PBT -0.21-1.82-8.64-1.05-0.40-0.07-2.62-17.240.370.98
Adjustment -0.070.69-0.030.07-0.05-0.40-3.124.63-0.52-0.57
Changes in Working Capital -4.930.840.170.790.320.335.8118.56-0.11-2.79
Tax Paid 00.04-0.04000-0.20-0.100.04-0.03
Cash Flow From Investing Activity 5.140.198.5400.110.110.47-5.850.242.62
Capex 0000001.91000
Net Investments 5.030.098.4300.010-1.45-5.850.872.44
Others 0.110.100.1000.100.1100-0.630.18
Cash Flow From Financing Activity -0.01-0.050000-0.35000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.01-0.050000-0.35000
Net Cash Flow -0.07-0.11-0.01-0.19-0.02-0.03-0.010.010.030.21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-0.31-2.45-13.04-1.7-0.630.01-4.4-34.760.872.39
ROCE (%)-0.27-2.5-12.91-1.69-0.63-0.09-4.37-34.750.912.49
Asset Turnover Ratio000000000.020.1
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-14N/AN/A-0.58-2.41
Working Capital Days
Receivable Days00000000365178
Inventory Days000000004,476825
Payable Days0000008-4,974114111

Minal Industries Ltd Stock News

Minal Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Minal Industries on 19-Apr-2024 16:01 is ₹4.90.
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 19-Apr-2024 16:01 the market cap of Minal Industries stood at ₹93.84.
The latest P/E ratio of Minal Industries as of 19-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Minal Industries as of 19-Apr-2024 16:01 is 2.21.
The 52-week high of Minal Industries is ₹6.53 and the 52-week low is ₹0.79.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Minal Industries is ₹2.26 ( Cr.) .

About Minal Industries Ltd

Minal Engineering was incorporated as Minal Electra Tools on January 11, 1988 vide incorporation certificate no. 04-10259, under the Companies Act, 1956. Subsequently it was converted into a public company on September 30, 1993, under the name of Minal Electra Tools. The name of the company was changed to Minal Engineering on October 29, 1993.

The company is an existing profit-making and dividend paying company engaged in the manufacture of high precision dies, moulds, tools and engineering components, on job work basis and with own material. The company commenced commercial production in the year 1989.

The company has been promoted by Jesingbhai Parikh, Shrikant Parikh, Narayan Parikh and Mahendra Shah.

The registered office of the company is located at Paradise Complex,214/ A, Sayajigunj Vadodara,Gujarat-390005.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.