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Megastar Foods

₹278 6.7 | 2.5%

Market Cap ₹314 Cr.

Stock P/E 29.5

P/B 5.9

Current Price ₹278

Book Value ₹ 46.8

Face Value 10

52W High ₹404

Dividend Yield 0%

52W Low ₹ 250

Megastar Foods Research see more...

Overview Inc. Year: 2011Industry: Consumer Food

Megastar Foods Ltd engages in the bulk meals processing and generating a number of healthy wheat flour products in India. The employer offers atta, wheat flour, suji, rawa, chokar, organic atta, natural organic wheat flour, and natural wheat flour products. Its merchandise are used in biscuits/cookies, pizzas, breads and buns, and different products. The organization also exports its merchandise. Megastar Foods Ltd incorporated in 2011 and is headquartered in Chandigarh, India.

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Megastar Foods Share Price

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Megastar Foods Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 44 45 52 58 65 67 115 71 69 73
Other Income 0 0 0 0 0 0 0 1 1 0
Total Income 44 45 53 58 65 67 115 72 70 73
Total Expenditure 42 42 49 54 60 60 108 67 65 69
Operating Profit 3 3 3 4 5 7 7 5 5 3
Interest 1 1 1 1 2 2 1 2 1 1
Depreciation 0 0 1 0 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 2 2 2 2 4 5 3 3 2
Provision for Tax 0 1 0 0 1 1 1 1 1 0
Profit After Tax 1 2 2 1 1 3 4 2 2 1
Adjustments 0 0 -0 0 0 0 0 0 -0 -0
Profit After Adjustments 1 2 2 1 1 3 4 2 2 1
Adjusted Earnings Per Share 1.2 1.7 1.7 1.4 1.5 3.2 4 2.1 2 1.4

Megastar Foods Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 142 163 162 185 304 328
Other Income 0 0 1 0 0 2
Total Income 142 163 163 185 304 330
Total Expenditure 135 154 153 173 283 309
Operating Profit 7 9 10 12 22 20
Interest 3 3 2 3 6 5
Depreciation 1 1 2 2 2 4
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 3 5 6 7 14 13
Provision for Tax 1 1 2 2 4 3
Profit After Tax 2 3 4 5 10 9
Adjustments 0 0 0 -0 0 0
Profit After Adjustments 2 3 4 5 10 9
Adjusted Earnings Per Share 2.4 3.4 4.2 5.3 10.2 9.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 64% 23% 0% 0%
Operating Profit CAGR 83% 35% 0% 0%
PAT CAGR 100% 49% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -1% 108% 35% NA%
ROE Average 25% 19% 17% 17%
ROCE Average 23% 17% 16% 16%

Megastar Foods Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 19 22 30 36 46
Minority's Interest 0 0 0 0 0
Borrowings 7 5 6 4 26
Other Non-Current Liabilities 1 1 2 2 2
Total Current Liabilities 24 19 54 35 40
Total Liabilities 51 48 91 77 114
Fixed Assets 12 16 22 26 40
Other Non-Current Assets 4 5 0 5 16
Total Current Assets 36 27 66 46 58
Total Assets 51 48 91 77 114

Megastar Foods Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 1 0 1
Cash Flow from Operating Activities -1 15 -22 27 12
Cash Flow from Investing Activities -4 -6 -5 -8 -26
Cash Flow from Financing Activities 5 -8 26 -18 17
Net Cash Inflow / Outflow -0 1 -1 1 3
Closing Cash & Cash Equivalent 0 1 0 1 4

Megastar Foods Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 2.45 3.41 4.16 5.29 10.18
CEPS(Rs) 3.44 4.69 5.76 7.3 12.23
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 18.89 22.3 30.37 35.86 46.07
Core EBITDA Margin(%) 5.24 5.62 5.47 6.27 7.12
EBIT Margin(%) 4.58 4.88 5.13 5.52 6.47
Pre Tax Margin(%) 2.39 2.89 3.61 3.9 4.48
PAT Margin (%) 1.7 2.07 2.52 2.95 3.31
Cash Profit Margin (%) 2.39 2.84 3.52 3.95 4.02
ROA(%) 4.73 6.83 5.89 6.49 10.58
ROE(%) 12.97 16.57 15.7 16.54 24.6
ROCE(%) 13.54 17.34 13.43 13.56 22.62
Receivable days 36.82 31.47 32.94 32.27 26.07
Inventory Days 49.77 33.87 67.07 72.18 28.64
Payable days 1.64 1.41 3.93 4.75 3.34
PER(x) 20.41 23.1 6.5 24.18 21.13
Price/Book(x) 2.65 3.53 0.89 3.56 4.67
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.55 0.61 0.47 0.87 0.88
EV/Core EBITDA(x) 10.51 10.72 7.72 13.35 12.31
Net Sales Growth(%) 0 14.71 -0.35 13.81 64.61
EBIT Growth(%) 0 22.28 4.56 22.47 93.07
PAT Growth(%) 0 39.29 21.22 33.14 84.9
EPS Growth(%) 0 39.29 21.83 27.18 92.53
Debt/Equity(x) 1.57 0.98 1.67 0.96 1.25
Current Ratio(x) 1.47 1.41 1.23 1.29 1.45
Quick Ratio(x) 0.67 0.84 0.32 0.6 0.86
Interest Cover(x) 2.09 2.45 3.37 3.42 3.25
Total Debt/Mcap(x) 0.59 0.28 1.88 0.27 0.27

Megastar Foods Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 68.39 68.39 68.39 68.39 68.39 68.39 68.39 68.39 68.39 61.47
FII 0 0 0 0 0 0 0.03 0 2.42 2.01
DII 0 0 0 0 0 0 0 1 1 1.77
Public 31.61 31.61 31.61 31.61 31.61 31.61 31.57 30.61 28.19 34.75
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 4.75 to 3.34days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Stock is trading at 5.9 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Megastar Foods News

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