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Mangalam Timber Prod Overview

Mangalam Timber Products Limited is an Indian company engaged in the manufacturing and trading of timber and wood-based products. The company supplies a variety of timber materials used in construction, furniture making, and other industrial applications. Operating primarily in regional markets, Mangalam Timber Products focuses on sourcing quality raw materials and serving customers in sectors such as real estate, infrastructure, and manufacturing. As a small to mid-sized player, the company’s performance is influenced by demand from construc...Read More

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Mangalam Timber Prod Key Financials

Market Cap ₹32 Cr.

Stock P/E -1.7

P/B -

Current Price ₹17.4

Book Value ₹ 0

Face Value 10

52W High ₹0

Dividend Yield 0%

52W Low ₹ 0

Mangalam Timber Prod Share Price

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Volume
Price

Mangalam Timber Prod Quarterly Price

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Mangalam Timber Prod Peer Comparison

Mangalam Timber Prod Quarterly Results

#(Fig in Cr.) Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Mar 2021 Jun 2021
Net Sales 1 0 0 0 1 3 1 4 1 3
Other Income 0 1 0 0 0 0 0 0 0 0
Total Income 2 1 0 1 1 3 1 4 1 3
Total Expenditure 5 2 2 2 3 7 4 9 3 6
Operating Profit -3 -1 -2 -2 -2 -3 -2 -5 -3 -3
Interest 2 3 2 3 3 4 3 3 3 3
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 -6 -4 -4 -5 -5 -7 -6 -8 -6 -7
Provision for Tax -2 -1 -1 -1 -2 -3 -2 -3 -2 -2
Profit After Tax -4 -3 -3 -3 -4 -5 -4 -6 -4 -5
Adjustments -0 0 0 0 -0 0 0 0 0 0
Profit After Adjustments -4 -3 -3 -3 -4 -5 -4 -6 -4 -5
Adjusted Earnings Per Share -2.1 -1.5 -1.7 -1.8 -2 -2.6 -2.2 -3.2 -2.4 -2.6

Mangalam Timber Prod Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
Net Sales 51 76 81 56 40 39 36 23 11 4 7 9
Other Income 1 0 1 4 4 2 1 2 2 1 0 0
Total Income 52 77 81 60 44 40 37 25 13 5 7 9
Total Expenditure 51 74 81 66 55 56 47 28 23 13 20 22
Operating Profit 1 3 1 -6 -11 -16 -10 -3 -9 -9 -13 -13
Interest 5 6 4 3 4 3 7 9 10 12 13 12
Depreciation 2 2 2 2 2 1 1 2 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -6 -5 -5 -11 -16 -20 -19 -14 -21 -22 -27 -27
Provision for Tax -2 -1 -2 -3 -6 -8 -5 -4 -6 -7 -9 -9
Profit After Tax -4 -3 -4 -8 -10 -13 -14 -9 -14 -15 -19 -19
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -4 -3 -4 -8 -10 -13 -14 -9 -14 -15 -19 -19
Adjusted Earnings Per Share -2 -1.9 -1.9 -4.2 -5.5 -6.9 -7.5 -5.1 -7.8 -8 -10.3 -10.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 75% -33% -29% -18%
Operating Profit CAGR 0% 0% 0% NAN%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 0% 26% 10% -5%
ROE Average 0% 0% 0% -18%
ROCE Average -32% -27% -25% -18%

Mangalam Timber Prod Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Shareholder's Funds 17 14 44 37 26 14 -24 -33 -47 -62 -81
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 40 35 3 2 1 5 21 33 36 39 7
Other Non-Current Liabilities -5 -1 -2 -5 -7 -15 -15 -20 -26 -32 -40
Total Current Liabilities 29 37 42 47 56 63 88 95 105 125 178
Total Liabilities 81 84 88 81 76 68 70 76 67 70 64
Fixed Assets 25 25 25 24 23 21 34 33 32 30 29
Other Non-Current Assets 8 14 14 14 13 21 12 12 12 13 12
Total Current Assets 49 45 48 43 40 25 25 31 24 28 23
Total Assets 81 84 88 81 76 68 70 76 67 70 64

Mangalam Timber Prod Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Opening Cash & Cash Equivalents 1 1 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 3 3 -1 -3 8 8 -8 5 -17 -8
Cash Flow from Investing Activities -3 -2 -1 -1 -0 -7 -6 -2 -0 -1 -0
Cash Flow from Financing Activities 3 -2 -2 2 3 -1 -2 10 -5 18 8
Net Cash Inflow / Outflow 0 -0 -0 -0 0 -0 0 -0 0 -0 0
Closing Cash & Cash Equivalent 1 0 0 0 0 0 0 0 0 0 0

Mangalam Timber Prod Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Earnings Per Share (Rs) -2.01 -1.91 -1.94 -4.16 -5.5 -6.9 -7.48 -5.09 -7.8 -8.04 -10.26
CEPS(Rs) -1.18 -1 -1 -3.15 -4.62 -6.15 -6.7 -4.25 -6.99 -7.24 -9.47
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 9.29 7.38 5.45 1.16 -4.56 -11.41 -12.94 -17.96 -25.72 -33.72 -44.04
Core EBITDA Margin(%) 0.41 3.03 0.09 -15.66 -34.01 -39.89 -31.04 -23.31 -101.85 -235.16 -202.61
EBIT Margin(%) -1.3 1.52 -0.99 -12.37 -27.75 -39.42 -32.9 -20.47 -96.19 -252.31 -222.26
Pre Tax Margin(%) -9.95 -5.33 -5.89 -16.84 -35.91 -47.54 -53.08 -59.4 -183.48 -548.15 -412.69
PAT Margin (%) -6.59 -4.14 -3.9 -12.15 -22.94 -29.54 -38.3 -40.98 -126.79 -368.22 -283.93
Cash Profit Margin (%) -3.86 -2.16 -2.01 -9.21 -19.27 -26.33 -34.29 -34.17 -113.59 -331.56 -262
ROA(%) -4.51 -4.22 -4.12 -9.03 -12.83 -17.61 -19.92 -12.81 -19.98 -21.37 -28
ROE(%) -19.51 -22.88 -30.18 -125.93 0 0 0 0 0 0 0
ROCE(%) -1.13 2.02 -1.48 -13.17 -22.3 -36.19 -30.24 -11.18 -25.81 -23.62 -32.34
Receivable days 73.47 47.23 32.97 36.1 50.31 51.74 51.04 73.59 140.95 415.95 251.82
Inventory Days 173.51 113.61 125.95 185.44 231.43 173.92 153.78 291.9 589.77 1534.43 928.57
Payable days 244.74 221.71 235.05 279.53 284.87 219.68 360.21 782 334.63 1905.12 236.05
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 1.71 2.78 2.42 8.31 -2.06 -1.49 -2.2 -1.25 -0.66 -0.23 -0.26
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.51 1.1 0.92 1.28 1.95 2.4 3.15 5.24 10.2 30.77 21.89
EV/Core EBITDA(x) 96.28 28.36 90.92 -12.12 -7.3 -5.97 -10.9 -38.38 -12.29 -14.27 -10.93
Net Sales Growth(%) -24.38 49.04 6.05 -30.72 -29.25 -2.65 -7.06 -36.38 -50.52 -64.52 65.52
EBIT Growth(%) -123.08 276.95 -170.21 -762.4 -57.16 -38.51 30.19 60.42 -132.56 6.93 -45.81
PAT Growth(%) -198.85 5.04 -1.53 -114.69 -32.28 -25.53 -8.45 31.93 -53.11 -3.05 -27.63
EPS Growth(%) -198.87 5.05 -1.54 -114.69 -32.28 -25.53 -8.45 31.93 -53.11 -3.05 -27.63
Debt/Equity(x) 2.9 3.47 0.37 0.56 1 2.02 -2.56 -2.41 -1.8 -1.78 -1.53
Current Ratio(x) 1.67 1.22 1.15 0.91 0.71 0.4 0.28 0.33 0.23 0.22 0.13
Quick Ratio(x) 0.87 0.44 0.34 0.27 0.25 0.16 0.11 0.1 0.08 0.07 0.05
Interest Cover(x) -0.15 0.22 -0.2 -2.76 -3.4 -4.85 -1.63 -0.53 -1.1 -0.85 -1.17
Total Debt/Mcap(x) 1.7 1.25 0.67 1.16 1.52 0.88 1.16 1.93 2.72 7.72 5.85

Mangalam Timber Prod Shareholding Pattern

# Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
Promoter 37.46 37.46 37.46 37.46 37.46 37.46 37.46 37.46 37.46 42.45
FII 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
DII 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Public 62.52 62.52 62.52 62.52 62.52 62.52 62.52 62.52 62.52 57.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Mangalam Timber Prod News

Mangalam Timber Prod Pros & Cons

Pros

  • Debtor days have improved from 1905.12 to 236.05days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 42.45%.
  • Company has a low return on equity of 0% over the last 3 years.
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