MRC Agrotech Ltd - Stock Valuation and Financial Performance

BSE: 540809 | NSE: | Trading | Small Cap

MRC Agrotech Share Price

13.31 -0.35 -2.56%
as on 07-May'24 16:01

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MRC Agrotech stock performance -

mw4me loader
P/E Ratio (SA):
11.09
Market Cap:
14.2 Cr.
52-wk low:
10.7
52-wk high:
65

Is MRC Agrotech Ltd an attractive stock to invest in?

1. Is MRC Agrotech Ltd a good quality company?

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

2. Is MRC Agrotech Ltd undervalued or overvalued?

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

3. Is MRC Agrotech Ltd a good buy now?

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

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.
MRC Agrotech 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%0%0.2%2%1.1%1.3%0.7%0.9%2.7%2.6%-
Value Creation
Index
NANA-1.0-0.9-0.9-0.9-1.0-0.9-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 003.916.123.714.616.95.812.36.719
Sales YoY Gr.-NANA310.2%46.7%-38.5%16.3%-65.8%112.1%-45.9%-
Adj EPS 000.10.40.10.10.10.10.30.31.2
YoY Gr.-NANA566.7%-80%75%-50%42.9%230%0%-
BVPS (₹) 0024.725.211.511.611.711.611.912.213.2
Adj Net
Profit
0000.10.10.10.10.10.30.31
Cash Flow from Ops. 00-5.5-1.4-3.901.6-1.3-1.10-
Debt/CF from Ops. 00-0.1-0.6-0.400.3-0.1-0.7-13.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-22.4%-26.8%-45.9%
Adj EPS NA32.8%67.7%0%
BVPSNA1.3%1.6%2.9%
Share Price - 40.2% 25.7% -64.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
000.21.90.91.20.60.92.82.79.7
Op. Profit
Mgn %
00-3.6-2.2-1.9-3.2-2.1-6.8-1.4-1-1.1
Net Profit
Mgn %
000.30.70.410.41.82.85.16.8
Debt to
Equity
000.10.10.10.2000.100
Working Cap
Days
000242187323245877505898430
Cash Conv.
Cycle
00002310469156109224289

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.70%

Net Profit is growing at healthy rate in last 3 years 67.68%

Sales growth is good in last 4 quarters at 2738.54%

Sales growth has been subdued in last 3 years -26.75%

Latest Financials - MRC Agrotech Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 -
TTM Sales (₹ Cr.) 18.8 -
BVPS (₹.) 13.2 -
Reserves (₹ Cr.) 3 -
P/BV 1.04 -
PE 11.09 -
From the Market
52 Week Low / High (₹) 10.72 / 64.95
All Time Low / High (₹) 1.46 / 82.95
Market Cap (₹ Cr.) 14.2
Equity (₹ Cr.) 10.4
Face Value (₹) 10
Industry PE 68.1

Management X-Ray of MRC Agrotech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.001.891.880.270.270.020.020.020.020.02
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of MRC Agrotech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales3.9316.1223.6514.5516.925.7912.286.65
Operating Expenses 4.0716.4824.1015.0117.286.1812.456.72
Manufacturing Costs0000.010.010.010.010.01
Material Costs3.9115.9223.1314.0916.825.6011.945.95
Employee Cost 0.030.280.380.340.250.260.160.21
Other Costs 0.130.290.580.580.200.330.350.56
Operating Profit -0.14-0.36-0.45-0.47-0.36-0.39-0.18-0.06
Operating Profit Margin (%) -3.6%-2.2%-1.9%-3.2%-2.1%-6.8%-1.4%-1.0%
Other Income 0.170.580.760.690.580.580.640.54
Interest 00.030.050.060.030.0200
Depreciation 0.010.020.020.010.090.030.010
Exceptional Items 00-0.1900000
Profit Before Tax 0.020.170.060.150.110.140.450.47
Tax 0.010.050.1000.040.040.110.13
Profit After Tax 0.010.12-0.040.140.070.100.340.34
PAT Margin (%) 0.3%0.7%-0.2%1.0%0.4%1.8%2.8%5.1%
Adjusted EPS (₹)0.00.20.00.10.10.10.30.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 5.167.4811.9312.0812.1512.0512.3912.76
Share Capital 2.092.9710.4210.4210.4210.4210.4210.42
Reserves 3.074.511.511.661.731.631.972.34
Minority Interest00000000
Debt0.470.781.692.370.430.130.750.31
Long Term Debt0.170.7800000.750.31
Short Term Debt0.3101.692.370.430.1300
Trade Payables3.645.461.120.651.676.821.752.73
Others Liabilities 00.200.610.120.120.200.422.36
Total Liabilities 9.2713.9215.3515.2314.3719.2115.3118.16

Fixed Assets

Gross Block0.030.040.060.190.190.190.190.19
Accumulated Depreciation0.010.020.040.050.140.170.190.19
Net Fixed Assets0.020.020.020.140.050.020.010
CWIP 00000000
Investments 0.301.453.511.131.130.130.130.13
Inventories000.0800000
Trade Receivables3.935.044.335.594.6910.355.617.25
Cash Equivalents 000.040.010.300.080.200.28
Others Assets5.027.407.378.358.208.649.3610.50
Total Assets 9.2713.9215.3515.2314.3719.2115.3118.16

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -5.46-1.38-3.8901.64-1.31-1.13-0.02
PBT 0.020.170.2400.110.140.340.34
Adjustment -0.16-0.56-0.740-0.49-0.55-0.63-0.53
Changes in Working Capital -5.3-0.94-3.3102.07-0.86-0.840.17
Tax Paid -0.02-0.05-0.080-0.04-0.0400
Cash Flow From Investing Activity -0.16-1.13-0.740-1.351.080.510.54
Capex -0.0300.0200000
Net Investments -0.30-1.12-1.3000.01100
Others 0.1700.550-1.360.080.510.54
Cash Flow From Financing Activity 5.622.824.670000.75-0.43
Net Proceeds from Shares 5.152.204.5000000
Net Proceeds from Borrowing 0.17000000.75-0.43
Interest Paid 00000000
Dividend Paid 00000000
Others 0.310.620.1700000
Net Cash Flow 00.310.0400.29-0.230.130.08
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.241.89-0.451.210.590.852.772.71
ROCE (%)0.332.850.941.461.011.263.593.57
Asset Turnover Ratio0.421.391.620.951.350.40.710.4
PAT to CFO Conversion(x)-546-11.5N/A023.43-13.1-3.32-0.06
Working Capital Days
Receivable Days3651027212594414237353
Inventory Days00100000
Payable Days340104522325277131137

MRC Agrotech Ltd Stock News

MRC Agrotech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of MRC Agrotech on 07-May-2024 16:01 is ₹13.31.
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 07-May-2024 16:01 the market cap of MRC Agrotech stood at ₹14.23.
The latest P/E ratio of MRC Agrotech as of 07-May-2024 16:01 is 11.09.
The latest P/B ratio of MRC Agrotech as of 07-May-2024 16:01 is 1.04.
The 52-week high of MRC Agrotech is ₹64.95 and the 52-week low is ₹10.72.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of MRC Agrotech is ₹18.75 ( Cr.) .

About MRC Agrotech Ltd

MRC Agrotech (formerly known as MRC Exim) is a futuristic organisation devoted to maximise value for farm to market value chain. It is positioned as enablers for each constituent of the market.

The Company got listed on BSE SME IPO Platform on November, 2017. The Company changed its Name from MRC Exim to MRC Agrotech vide Special resolution passed by the members of the company on September 30, 2021.

Business area of the company

The company was involved in buying, selling, reselling, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods, kinds, metals, jewelries on retail as well as on wholesale basis in India or elsewhere. However, after special resolution passed on September 30, 2021, the company is involved in the following business:

To cultivate, grow, produce, harvest raise or deal in agriculture produce as agriculturists, farmers or gardeners and to set up processing unit for import, export, distribute or deal in agriculture produce of all description, like fruits, vegetable, seeds and herbal products and trade in all the products required for cultivation, harvesting, production and developments of seeds, vegetable, fruits and herbal items.

To cultivate, grow, produce or deal in agriculture produce and to carry on the business of agriculturists, farmers, gardeners, dairymen, dairy farmers, and to acquire, hold, buy or acquire freehold or leasehold agriculture land, farm, garden or any other, property and to act as growers of corn, hay, straw, seeds or animal feed and to deal in live-stock and deal in such business as may be required by farmers and dealers of agriculture produce.

To carry on the business of planters, growers and cultivators of seeds, vegetable, fruits and herbs and to cultivate, grow, produce or deal in vegetable, fruits and herbs and to undertake the activities for its processing, preservation or storage with the installation for plant, machinery, cold storage, air conditioning, refrigeration and other equipments and to provide consulting and support services.

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