Mysore Paints & Varnish Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: | Paints | Small Cap

BSE Share Price
Not Listed

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Mysore Paints & Varnish stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
0 Cr.
52-wk low:
0
52-wk high:
0

Is Mysore Paints & Varnish Ltd an attractive stock to invest in?

1. Is Mysore Paints & Varnish Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mysore Paints & Varnish Ltd is a average quality company.

2. Is Mysore Paints & Varnish Ltd undervalued or overvalued?

No data found

3. Is Mysore Paints & Varnish Ltd a good buy now?

No data found

10 Year X-Ray of Mysore Paint&Varnish:

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.
Mysore Paints & Varnish Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 35.6%14.9%23.4%10%8.2%21.5%5.4%7.2%6.6%5.6%-
Value Creation
Index
1.50.10.7-0.3-0.40.5NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 42.72334.125.423.361.221.539.831.82961
Sales YoY Gr.--46.2%48.2%-25.5%-8.3%162.9%-64.9%84.7%-20%-8.9%-
Adj EPS 85.942.978.538.938.3122.332.546.445.738.8129.1
YoY Gr.--50%82.8%-50.4%-1.6%219.1%-73.4%42.7%-1.4%-15.2%-
BVPS (₹) 0000000000572.2
Adj Net
Profit
8.94.58.14412.73.44.84.7413
Cash Flow from Ops. 6.14.56.20.113.34.5-4.47.8-4.6-
Debt/CF from Ops. 0.80.10.248.34.52.30.2-1.70-0.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.2%4.5%10.4%-8.9%
Adj EPS -8.5%0.2%6.1%-15.2%
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
39.615.523.49.98.522.95.57.46.95.545.1
Op. Profit
Mgn %
28.319.929.815.21225.66.18.9148.8NAN
Net Profit
Mgn %
20.919.423.915.917.120.715.712.114.913.921.9
Debt to
Equity
0.2000.10.10.100.100-
Working Cap
Days
1232731943163401443641822792660
Cash Conv.
Cycle
811405288101742171031711610

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 45.10%

Sales growth is growing at healthy rate in last 3 years 10.40%

Net Profit has been subdued in last 3 years 6.07%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Mysore Paints & Varnish Ltd.

Standalone Consolidated
TTM EPS (₹) 129.1 -
TTM Sales (₹ Cr.) 61.2 -
BVPS (₹.) 572.2 -
Reserves (₹ Cr.) 58 -
P/BV 0.00 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 0
Equity (₹ Cr.) 1
Face Value (₹) 10
Industry PE 73.2

Management X-Ray of Mysore Paint&Varnish:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Mysore Paint&Varnish

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
No data found!

Balance Sheet

(All Figures are in Crores.)
No data found!

Cash Flow

(All Figures are in Crores.)
No data found!
No data found!

Mysore Paints & Varnish Ltd Stock News

Mysore Paints & Varnish Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mysore Paint&Varnish on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Mysore Paint&Varnish stood at ₹0.00.
The latest P/E ratio of Mysore Paint&Varnish as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Mysore Paint&Varnish as of 01-Jan-1970 05:30 is 0.00.
The 52-week high of Mysore Paint&Varnish is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mysore Paint&Varnish is ₹61.22 ( Cr.) .

About Mysore Paints & Varnish Ltd

Mysore Paints and Varnish (MPVL) was established during 1937. It was converted into public sector undertaking during 1947. MPVL is the manufacturer and supplier of decorative paints,industrial paints, thinners, polishes, primers, sealing wax. MPVL is  Specialists in manufacturing and supply of indelible ink (voter's ink) for all the parliamentary, assembly and local bodies elections in India since 1962. MPVL has been supplying this indelible ink to various countries like Turkey, Nepal, Papua-new-guinea, Nigeria, South Africa, Ghana, Singapore etc. MPVL is one of the profit making and dividend declared company in Karnataka among public sector units.The big customers of the company are M/s KAVIKA, KSRTC, MEI, BEML, Madras Port Trust, other government departments, public sector undertakings as well as some of the private sector companies like M/s Automotive Axels, RPG Telecom, and sugar factories in Karnataka.

Indelible Ink: MPVL is the only paint manufacturing unit in public sector having exclusive license to manufacture and supply `Voters Ink' called `Indelible Ink ' ever since 1962. Thus it has a large market available in the government establishments,nearly 13 General Elections held in India which is largest democratic country in the world. MPVL Ink has tested nearly 6000 million voters over the six decades.

The production is carried on in varnish unit, paint unit, powder distemper unit,oil bound distemper unit, sealing wax unit and ink unit. The production of the products depends on the demand from the buyers. Basically the demand is from the industrial side. In 1971, the company extended a joint venture agreement with AIK, as vast German company. This German company provided technical assistance in manufacturing of sophisticated insulating varnishes which are used in the manufacturing of electronic equipment and machinery sales as generation transformer etc.

At present, the company is manufacturing all kinds of decorative paints, Industrial paints, polish and varnish, such as:

  • Mylac Synthetic Enamels
  • Brindavan Synthetic Enamels
  • Mysolin Acrylic Washable Distemper
  • Mycem Cement Paint
  • Brindavan Powdered Distemper
  • Epoxy Paints
  • Chlorub & Chemical Resistant Paints
  • Varnishes
  • Aluminum Paints
  • Bituminous Paints
  • Zinc Rich Primer & Coal Tar Epoxy
  • Wood & Cement Primers
  • Red Oxide Steel Primer
  • Zinc Chromate Red oxide Primer
  • Brindavan Alcoholic Polishes
  • Non-Alcoholic Polishes
  • Indelible Ink (Voter's Ink)
  • Road Marking Paints
  • Sealing Waxes
  • Postal Stamp Cancellation

Achievements:

The company has obtained ISO-9001/2000 Certification in the month of July 2002.

From the past four decades, MPVL is supplying indelible ink to all over India. Supply of paints to KSRTC from the past three decadesFrom the past nine years, MPVL is showing continuous profit. MPVL has supplied road marking paints to most of the cities in Karnataka. MPVL is one of the continuously Dividend paying company in PSUs of Karnataka dividend paid company in Public Sector.

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