Mideast Integrated Steels Ltd - Stock Valuation and Financial Performance

BSE: 540744 | NSE: MIDEASTSTL | Steel & Iron Products | Small Cap

Mideast Integrated Share Price

9.58 0.00 0.00%
as on 27-Jun'22 18:01

DeciZen - make an informed investing decision on Mideast Integrated

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Mideast Integrated Steels stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
132.1 Cr.
52-wk low:
9.6
52-wk high:
9.6

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mideast Integrated Steels Ltd is a average quality company.

2. Is undervalued or overvalued?

The key valuation ratios of Mideast Integrated Steels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Mideast Integrated:

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.
Mideast Integrated Steels 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 % 19.9%1.1%3.3%5.8%11.3%0.3%-8%-14.2%20.2%-23.3%-
Value Creation
Index
0.4-0.9-0.8-0.6-0.2-1.0-1.6-2.00.5-2.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8625584882835837384021921391717
Sales YoY Gr.--35.3%-12.6%-42%105.8%26.7%-45.6%-52.2%-27.7%-87.8%-
Adj EPS 8.60.10.90.91.7-0.1-4.1-6.39.1-10.4-2.2
YoY Gr.--98.7%709.1%2.3%86.8%-104.7%NANANA-214.4%-
BVPS (₹) 44.744.845.446.448.147.943.537.445.835.345.8
Adj Net
Profit
1181.612.212.623.4-1.1-56.2-86.4126-144-30
Cash Flow from Ops. 46.148.112799.541.9-3-40.3-12.2-6-0.1-
Debt/CF from Ops. 0.710.50.71.3-25.4-1.1-3.7-8.7-564.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -35.4%-50.7%-65.2%-87.8%
Adj EPS -202.2%-243.7%NA-214.4%
BVPS-2.6%-6%-6.8%-22.9%
Share Price - -9.2% 1.3% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
20.90.3223.6-0.2-8.9-15.521.9-25.7-5.4
Op. Profit
Mgn %
26.8-1.516.129.826.83.4-9.1-24.7-6.2-344.1-176.2
Net Profit
Mgn %
13.70.32.54.54-0.1-14-4590.5-846.2-171.3
Debt to
Equity
0.10.10.10.10.10.10.10.10.10.1-
Working Cap
Days
2183633325462762424691,0111,2477,5801,02,978
Cash Conv.
Cycle
7602326-16-23-37-555-502933-83,191

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Mideast Integrated Steels Ltd.

Standalone Consolidated
TTM EPS (₹) -2.2 -4.9
TTM Sales (₹ Cr.) 17.5 680
BVPS (₹.) 45.8 37.4
Reserves (₹ Cr.) 493 378
P/BV 0.21 0.26
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 9.58 / 9.58
All Time Low / High (₹) 0.50 / 92.00
Market Cap (₹ Cr.) 132
Equity (₹ Cr.) 137.9
Face Value (₹) 10
Industry PE 26.1

Management X-Ray of Mideast Integrated:

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 (%)

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Analyst's Notes

Key Ratios of Mideast Integrated

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
Sales862.40558.28488283.15582.61738.35401.74192.22138.9117
Operating Expenses 635.25568.63414.58198.66426.45717.14443.16239.66147.9775.51
Manufacturing Costs119.6248.23114.66125.50162.7528.2828.4839.7527.5513.50
Material Costs407.90417.23196.89-4.97192.18633.22365.1319.9412.464.22
Employee Cost 41.4742.3946.7244.0744.8028.6125.8411.684.017.42
Other Costs 66.2760.7856.3234.0626.7227.0323.71168.29103.9550.36
Operating Profit 227.15-10.3573.4284.49156.1621.21-41.42-47.44-9.06-58.51
Operating Profit Margin (%) 26.3%-1.9%15.0%29.8%26.8%2.9%-10.3%-24.7%-6.5%-344.0%
Other Income 7.1781.3713.2819.4812.7341.1245.586.94179.9411.29
Interest 1.878.3014.1640.2782.344.591.741.020.083
Depreciation 47.4558.5760.7854.6656.5456.4056.1941.6041.2136.14
Exceptional Items 00000000-14.05-0.37
Profit Before Tax 184.994.1411.769.0430.011.34-53.77-83.12115.54-86.72
Tax 68.773.123.16-4.996.725.2062057.40
Profit After Tax 116.221.028.6114.0323.29-3.86-59.77-85.12115.54-144.12
PAT Margin (%) 13.5%0.2%1.8%5.0%4.0%-0.5%-14.9%-44.3%83.2%-847.0%
Adjusted EPS (₹)8.40.10.61.01.7-0.3-4.3-6.28.4-10.5
Dividend Payout Ratio (%)9%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 616.68617.70626.23640.30663.66659.87600.24515.35630.89486.77
Share Capital 137.88137.88137.88137.88137.88137.88137.88137.88137.88137.88
Reserves 478.80479.82488.35502.43525.78522462.36377.47493.01348.89
Minority Interest0000000000
Debt29.8145.8558.0553.0339.9435.3132.1028.9635.1733.88
Long Term Debt29.8145.8558.0553.0339.9435.3132.1028.9635.1733.88
Short Term Debt0000000000
Trade Payables89.3374.9664.3756.16171.12204.56232.73186.98136.51128.76
Others Liabilities 897.87794.65792.35799.40757.10797.33717.07732.57566.75570.76
Total Liabilities 1,633.681,533.151,540.991,548.881,631.811,697.061,582.131,463.861,369.321,220.16

Fixed Assets

Gross Block1,192.521,231.331,329.461,330.961,355.851,355.391,348.171,348.171,348.171,348.17
Accumulated Depreciation257.53316.10376.89431.54488.07543.89598.53640.13681.34717.48
Net Fixed Assets934.99915.23952.58899.42867.78811.50749.64708.04666.83630.69
CWIP 28.1031.2217.9431.9214.1324.1124.4724.4724.4724.47
Investments 2.0132.09105.49169.39191.89191.89191.89191.89191.89191.89
Inventories211.16142.5788.9696.04115.89112.9392.2973.1860.7356.50
Trade Receivables5.110.353.500.9723.7173.0566.3561.5541.2836.98
Cash Equivalents 68.3143.3436.7727.3022.2453.5015.4216.2811.9412.29
Others Assets384368.35335.77323.84396.17430.09442.08388.44372.18267.34
Total Assets 1,633.681,533.151,540.991,548.881,631.811,697.061,582.131,463.861,369.321,220.16

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 46.1348.11127.3199.5141.89-3-40.33-12.16-5.95-0.09
PBT 184.994.1411.699.0430.011.34-53.77-83.12129.59-143.75
Adjustment 46.97-11.3066.8876.2650.3524.771938.64-150.0730.81
Changes in Working Capital -151.1566.1169.726.98-27.51-18.780.0732.3214.54112.85
Tax Paid -34.68-10.84-20.95-12.77-10.96-10.32-5.62000
Cash Flow From Investing Activity -35.19-68.73-149.77-61.60-28.3919.1134.6916.061.544.61
Capex -46.36-39.87-84.85-15.49-7.10-10.11-0.36000
Net Investments 00012.40-1.3128.3330.2915.190.31-0.27
Others 11.17-28.86-64.93-58.51-19.970.884.760.871.234.88
Cash Flow From Financing Activity -19.39-4.35-1.96-35.02-20.1914.04-32.34-1.89-0.24-4.44
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -5.4216.0512.195.25-13.8518.62-30.60-0.87-0.16-1.44
Interest Paid -1.87-8.30-14.16-40.27-6.34-4.59-1.74-1.02-0.08-3
Dividend Paid -10.34-10.3400000000
Others -1.76-1.7600000000
Net Cash Flow -8.45-24.98-24.422.90-6.6930.14-37.992-4.650.08
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)20.580.161.382.223.57-0.58-9.49-15.2620.16-25.79
ROCE (%)31.141.93.827.0115.690.81-7.53-13.6218.61-13.73
Asset Turnover Ratio0.560.350.340.180.40.520.290.130.10.02
PAT to CFO Conversion(x)0.447.1714.797.091.8N/AN/AN/A-0.05N/A
Working Capital Days
Receivable Days221372054115129710
Inventory Days77116821196148791491671,064
Payable Days12072129-4,4292161082193,8424,7400

Mideast Integrated Steels Ltd Stock News

Mideast Integrated Steels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mideast Integrated on 27-Jun-2022 18:01 is ₹9.58.
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-Jun-2022 18:01 the market cap of Mideast Integrated stood at ₹132.1.
The latest P/E ratio of Mideast Integrated as of 27-Jun-2022 18:01 is 0.00.
The latest P/B ratio of Mideast Integrated as of 27-Jun-2022 18:01 is 0.21.
The 52-week high of Mideast Integrated is ₹9.58 and the 52-week low is ₹9.58.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mideast Integrated is ₹17.47 ( Cr.) .

About Mideast Integrated Steels Ltd

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