Textile - Spinning · Founded 1990 · www.mkpmobility.com · BSE 521244 · · ISIN INE676G01024
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Business
MKP Mobility Ltd. operates in the textile sector, specifically within the spinning industry. Its core business involves the manufacturing and processing of raw fibers (such as cotton, synthetic fibers, or blends) into spun yarn. The company's business model revolves around procuring raw materials, utilizing spinning machinery to produce various types of yarn, and selling these yarns to downstream textile manufacturers, such as weaving, knitting, and apparel companies. Revenue is primarily generated from the sales of its spun yarn products.
Revenue Mix
Given the stated sector and industry "Textile - Spinning," MKP Mobility Ltd. is primarily a single-segment company focused on yarn manufacturing. While specific revenue mix details are not available, its revenue is derived almost entirely from the sale of spun yarn. The company may produce different counts, types, or blends of yarn depending on market demand and manufacturing capabilities.
Industry
The textile spinning industry in India is one of the largest globally, characterized by a mix of large integrated players and numerous small to medium-sized units. It is generally a capital-intensive and somewhat fragmented industry. Competition is intense, largely based on cost efficiency, product quality, consistency, and timely delivery. MKP Mobility Ltd.'s positioning would depend on its scale of operations, technological adoption, efficiency in raw material procurement, power management, and ability to cater to specific yarn requirements from its customer base. India benefits from a strong domestic raw material base (especially cotton) and a large domestic and export market for textiles.
MOAT
In the commodity-driven spinning sector, strong, durable competitive advantages can be challenging to build. Potential advantages for MKP Mobility Ltd. could include:
Cost Efficiency: Achieved through economies of scale, modern machinery, efficient power management, and strong raw material sourcing.
Operational Excellence: Consistent quality, high production uptime, and low waste.
Location Advantage: Proximity to raw material sources or key markets, reducing logistics costs.
Niche Specialization: If the company focuses on specialized or value-added yarns (e.g., organic, blended, technical yarns) that command better pricing.
Brand recognition is typically less critical for commodity yarn suppliers.
Growth Drivers
Key factors that could drive growth for MKP Mobility Ltd. over the next 3-5 years include:
Increasing Textile Demand: Growing global and domestic demand for apparel, home textiles, and technical textiles.
Government Initiatives: "Make in India" and various production-linked incentive (PLI) schemes promoting textile manufacturing in India.
Export Opportunities: Leveraging India's position as a major textile exporter to global markets.
Backward/Forward Integration: Potential expansion into value-added processing or weaving/knitting, though no such plans are indicated.
Technological Upgrades: Investment in modern, energy-efficient machinery to improve productivity and reduce costs.
Risks
MKP Mobility Ltd. faces several inherent risks associated with the textile spinning industry:
Raw Material Price Volatility: Fluctuations in prices of cotton or synthetic fibers can impact profitability significantly.
Intense Competition: The fragmented nature of the industry leads to pricing pressure and intense competition.
Power & Labor Costs: Energy is a major cost component in spinning, and rising power tariffs or labor wages can erode margins.
Cyclical Demand: The textile industry is cyclical, susceptible to economic downturns and changes in fashion trends.
Exchange Rate Fluctuations: For companies involved in exports or imports, currency volatility poses a risk.
Environmental Regulations: Increasingly stringent environmental norms could require significant capital expenditure.
Management & Ownership
Specific details regarding MKP Mobility Ltd.'s promoters, management quality, and detailed ownership structure are not available in the provided information. Typically, companies in this sector in India are founder-promoter driven, with significant promoter family ownership and involvement in day-to-day operations.
Outlook
MKP Mobility Ltd. operates in a foundational segment of the Indian textile industry, which has significant growth potential driven by domestic consumption and export markets. The company benefits from India's strong raw material base and government support for the sector. However, the spinning industry is inherently susceptible to raw material price volatility, intense competition, and high operational costs (especially power). Success will largely depend on the company's ability to maintain cost efficiency, ensure consistent product quality, and adapt to changing market dynamics. While global textile demand offers growth avenues, managing the cyclical nature and competitive pressures of the commodity-driven spinning business will be crucial.
Price goes above X
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| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 6 | 6 | 8 | 7 | 8 | 8 | 9 | 8 | 9 | 10 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Total Income | 6 | 6 | 8 | 7 | 8 | 9 | 9 | 8 | 9 | 10 |
| Total Expenditure | 6 | 6 | 8 | 7 | 8 | 8 | 9 | 7 | 8 | 10 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Provision for Tax | -0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 0 |
| Adjustments | -0 | 0 | 0 | 0 | -0 | -1 | 0 | -0 | -0 | 0 |
| Profit After Adjustments | 0 | 0 | 1 | 1 | 0 | -0 | 1 | 0 | 1 | 0 |
| Adjusted Earnings Per Share | 0.3 | 0.2 | 1.7 | 1.9 | 0 | -0.9 | 2 | 1.4 | 1.7 | 0.9 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Net Sales | 23 | 32 | 36 |
| Other Income | 1 | 1 | 1 |
| Total Income | 23 | 33 | 36 |
| Total Expenditure | 23 | 32 | 34 |
| Operating Profit | 1 | 2 | 3 |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 |
| Profit Before Tax | 1 | 2 | 3 |
| Provision for Tax | -0 | 1 | 0 |
| Profit After Tax | 1 | 1 | 3 |
| Adjustments | 0 | -1 | 0 |
| Profit After Adjustments | 1 | 0 | 2 |
| Adjusted Earnings Per Share | 3.3 | 0.8 | 6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 39% | 0% | 0% | 0% |
| Operating Profit CAGR | 100% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -13% | 55% | 68% | 34% |
| ROE Average | 15% | 16% | 16% | 16% |
| ROCE Average | 20% | 16% | 16% | 16% |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Shareholder's Funds | 6 | 7 |
| Minority's Interest | 0 | 0 |
| Borrowings | 0 | 0 |
| Other Non-Current Liabilities | -0 | 0 |
| Total Current Liabilities | 1 | 4 |
| Total Liabilities | 7 | 11 |
| Fixed Assets | 0 | 0 |
| Other Non-Current Assets | 0 | 1 |
| Total Current Assets | 6 | 9 |
| Total Assets | 7 | 11 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 0 |
| Cash Flow from Operating Activities | -4 | 3 |
| Cash Flow from Investing Activities | -0 | -3 |
| Cash Flow from Financing Activities | -0 | -0 |
| Net Cash Inflow / Outflow | -4 | -0 |
| Closing Cash & Cash Equivalent | 0 | 0 |
| # | Mar 2024 | Mar 2025 |
|---|---|---|
| Earnings Per Share (Rs) | 3.33 | 0.83 |
| CEPS(Rs) | 3.56 | 2.97 |
| DPS(Rs) | 0 | 0 |
| Book NAV/Share(Rs) | 18.47 | 19.27 |
| Core EBITDA Margin(%) | 0.19 | 0.62 |
| EBIT Margin(%) | 3.5 | 5 |
| Pre Tax Margin(%) | 3.39 | 4.82 |
| PAT Margin (%) | 5.03 | 2.96 |
| Cash Profit Margin (%) | 5.38 | 3.18 |
| ROA(%) | 16.4 | 10.8 |
| ROE(%) | 18.03 | 14.63 |
| ROCE(%) | 12.56 | 19.63 |
| Receivable days | 55.27 | 43.5 |
| Inventory Days | 14.71 | 9.52 |
| Payable days | 13.66 | 6.03 |
| PER(x) | 54.71 | 147.47 |
| Price/Book(x) | 9.86 | 6.33 |
| Dividend Yield(%) | 0 | 0 |
| EV/Net Sales(x) | 2.73 | 1.41 |
| EV/Core EBITDA(x) | 70.85 | 26.95 |
| Net Sales Growth(%) | 0 | 40.95 |
| EBIT Growth(%) | 0 | 101.04 |
| PAT Growth(%) | 0 | -17.09 |
| EPS Growth(%) | 0 | -75.15 |
| Debt/Equity(x) | 0 | 0.51 |
| Current Ratio(x) | 6.87 | 2.41 |
| Quick Ratio(x) | 5.9 | 2.21 |
| Interest Cover(x) | 30.43 | 28.3 |
| Total Debt/Mcap(x) | 0 | 0.08 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0 | 0.17 | 0.17 | 0.17 |
| Public | 31.36 | 31.36 | 31.36 | 31.36 | 31.36 | 31.36 | 31.53 | 31.36 | 31.36 | 31.36 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +39% | — | — | — |
| Operating Profit CAGR | +100% | — | — | — |
| PAT CAGR | 0% | — | — | — |
| Share Price CAGR | -13% | +55% | +68% | +34% |
| ROE Average | +15% | +16% | +16% | +16% |
| ROCE Average | +20% | +16% | +16% | +16% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 | 68.47 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0 | 0.17 | 0.17 | 0.17 |
| Public | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 | 31.53 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
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