MH Mills & Industries Ltd Stock Analysis

BSE: 514242 | NSE: | Textile | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on MH Mills

M-Cap below 100cr DeciZen not available

FAQ's

1. Is MH Mills & Industries Ltd. a good quality company?

Data is not available for this company.

2. Is MH Mills & Industries Ltd. undervalued or overvalued?

No data found

3. Is MH Mills & Industries Ltd. a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of MH Mills & 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 MH Mills:

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

Value Creation Index Colour Code Guide
Mar'97Mar'98Sep'99Mar'01Mar'02Mar'03Mar'04Sep'05Sep'06Mar'08TTM
ROCE % 5.3%6.7%-14.3%-7.8%-11.1%-12.5%-19.2%-40.5%26.5%-60.6%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 90.795.772.569.8657066.668.76346.610
YoY Gr. Rt. %-5.5%-24.3%-3.7%-6.9%7.7%-4.9%3.1%-8.2%-26.1%-
Adj EPS 1.42.4-27.7-20.2-15.2-15.2-18.5-17.47-4.3-1.6
YoY Gr. Rt. %-72.7%-1255.4%NANANANANANA-161.6%-
BVPS (₹) 62.161.49.6-10.4-17.9-31.1-48.8-62.7-5.2-7-18.3
Adj Net Profit 0.81.3-15.1-13.7-18.4-18.4-22.5-21.210.4-7.1-3
Cash Flow from Ops. -1.210.74.4-7.9-4.6-5.4-4.9-52.683.7-4.4-
Debt/CF from Ops. -48.25.912.7-8.4-23.4-21.6-25.8-2.10.3-3.3-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -7.1%-6.5%-11.3%-26.1%
Adj EPS -213.4%NANA-161.6%
BVPS -178.5000
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'97Mar'98Sep'99Mar'01Mar'02Mar'03Mar'04Sep'05Sep'06Mar'08TTM
Return on Equity % 2.33.7-83.5-201.6326.281.452.439-18.8196.512.3
Op. Profit Mgn % 9.511.5-7.2-3.9-3.6-0.3-6.2-6-13.8-8.6-14.2
Net Profit Mgn % 0.91.4-20.8-19.6-28.2-26.2-33.8-30.816.6-15.2-26.7
Debt to Equity 1.71.910.7-14.1-5-3.1-2.2-1.5-9.6-1.8-
Working Cap Days 0220174149222189185105136890
Cash Conv. Cycle 01359452867665225-140

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 - MH Mills & Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -1.6 -
TTM Sales (₹ Cr.) 9.6 -
BVPS (₹.) -18.3 -
Reserves (₹ Cr.) -47 -
P/BV -0.22 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 4.04 / 4.04
All Time Low / High (₹) 1.35 / 110.00
Market Cap (₹ Cr.) 6.6
Equity (₹ Cr.) 16.5
Face Value (₹) 10
Industry PE 15.3

Management X-Ray of MH Mills :

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

Analyst's Notes

News

About MH Mills & Industries Ltd

MH Mills & Industries was incorporated in 1981 as a private company. The company converted into a public company in July 1986. Earlier known as Maneklal Harilal Mills, it got its present name of M H Mills & Industries on September 30, 1996.

A reference was filed and registered with the Board for Industrial and Financial Reconstruction (BIFR) in the year 2003, and the company was declared a sick industrial unit in 2005 and is under the perusal of the BIFR since then. It has implemented the scheme of arrangement sanctioned by the High Court of Gujarat vide its order dated July 1, 2006 in the nature of compromise with creditors, restructuring of debts, de-merger of the packaging division to M.H. Packaging.

The registered office is located at Saraspur, Ahmedabad-380018, Gujarat.

Business area of the company

The company is engaged in the manufacture of cotton textile goods and polymers. Textile products included gray fabric, sarees, bleached poplins, long cloth, drills, twills, crepes, coatings, mosquito nettings, printed poplins, chintz, poplins and mercerized fabrics. The polymer division manufactures engineering plastics like polycarbonate sheets, cellulose acetates, acrylonitrile butadiene styrene and high-impact polystyrene.

Milestones

  • 1982 - The Maneklal Harilal Sponge & Manufacturing Company was amalgamated with the company with effect from January 1, 1982, and the name was subsequently changed to The Maneklal Harilal Mills.
  • 1993 - The company put up two wind turbines of 0.25 MW capacities each for the generation of electricity by non-conventional method at village Lamba, district Jamnagar, Gujarat.
  • 1993- A MOU was entered into with NWT of Italy. It was also proposed to enter the capital market in the near future.
  • 1995 - The company commissioned four wind turbines totaling 1.00 MW capacities for the generation of electricity by non-conventional method at village Lamba.
  • 1996 - The name of the company was again changed to the present one from Maneklal Harilal Mills and Industries.
  • 1996 - The Company proposed to modernize the existing facilities for the manufacture of yarn and fabrics.
Read More Read Less