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Midwest Gold Ltd Stock Analysis

Small Cap
Evaluated by 30 users | BSE: 526570 | NSE: |
Ceramics/Marble/Granite/Sanitaryware
Midwest Gold was originally incorporated as a limited company under the name and style of Nova Granites (India) on November 20, 1990 in the State of Karnataka. The company was incorporated as 100% export oriented unit (EOU) with an object of processing of Granite Blocks including mining and...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 11.16%-21.51%36.13%-307.19%1.41%-7.74%-21.27%-20.42%-13.54%-22.71%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1.54.66.81.10.14.12.60.10.10.6
Y-o-Y Gr. Rt.-212.3%48.7%-84.1%-88.9%3291.7%-36.1%-95.4%-8.3%427.3%
Adjusted EPS (Rs.) -1.04-0.250.19-1.250.27-2.94-5.33-4.11-2.29-3.84
Y-o-Y Gr. Rt.-NANA-757.9%NA-1188.9%NANANANA
Book Value per Share (Rs.) 1.080.831.02-0.23-5.62-9.17-14.9-19.01-21.3-25.13
Adjusted Net Profit -0.3-0.10.1-0.40.1-1-1.7-1.3-0.8-1.3
Net Op. Cash Flow (Rs. Cr.) 000-0.100.2000.10.2
Debt to Cash Flow from Ops 0000-363.8283.111,437.45-735.996.3194.01
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.
Midwest Gold Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -9.8%37%-39.4%427.3%
Adjusted EPS NA-270.1%NANA
Book Value per Share -241.9000
Share Price -5.5% 4.6% 3.4% 55.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.33-26.2220.58-319.65-9.1139.7844.3224.2311.3616.53
Operating Profit Margin (%) -15.97-1.042.94-50.74-311.11-14.34-44.62-534.39-495.16-111.5
Net Profit Margin (%) -23.2-1.790.91-37.8875.37-23.65-67.15-1099.42-702.16-216.74
Debt to Equity 0000-7.95-4.04-2.49-1.95-1.74-1.66
Working Capital Days 1,8036084763,17534,0309571,12221,15224,9604,997
Cash Conversion Cycle -4173992491,45121,18245058015,44818,3233,404
Entity Percentage Holding
Promoters 72.03%
Institutions 0.63%
Non-Institutions 27.34%
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 Midwest Gold Ltd's performance infers:

Midwest Gold Ltd earnings have declined by -270.1%, whereas share price has appreciated 4.6% 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.

We analysed the performance of Midwest Gold Ltd share prices over the last 10 years. Here is what we found out:

Midwest Gold Ltd share price has appreciated -5.1% annually over the past ten years.

Midwest Gold was originally incorporated as a limited company under the name and style of Nova Granites (India) on November 20, 1990 in the State of Karnataka. The company was incorporated as 100% export oriented unit (EOU) with an object of processing of Granite Blocks including mining and processing of all other types of minerals. The company had commenced its commercial operations in the year 1990.

The company has been engaged in the business of

Midwest Gold was originally incorporated as a limited company under the name and style of Nova Granites (India) on November 20, 1990 in the State of Karnataka. The company was incorporated as 100% export oriented unit (EOU) with an object of processing of Granite Blocks including mining and processing of all other types of minerals. The company had commenced its commercial operations in the year 1990.

The company has been engaged in the business of manufacturing and marketing granite slabs and tiles. Located in the Bangalore district of Karnataka, the manufacturing developed capacity to manufactures polished granite slabs and tiles, dimensional granite blocks and polished marble slabs and tiles.

The registered office is at No 25A, Attibele Industrial Area, Attibele, Bangalore - 562107.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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