Mysore Petro Chem

₹175 -1.1 | 0.6%

WEBSITE BSE:506734 NSE : MYS PETRO 18 May, 12:50

Market Cap ₹115 Cr.

Stock P/E 10.6

P/B 0.5

Current Price ₹175

Book Value ₹ 336.5

Face Value 10

52W High ₹235

Dividend Yield 1.43%

52W Low ₹ 107.1

Edit Ratio

Mysore Petro Chem Research see more...

Overview Inc. Year: 1969Industry: Chemicals

Mysore Petro Chem Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Mysore Petro Chem 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	8	6	5	1	8	2	6	0	7	6
Other Income	2	3	4	1	1	3	4	4	2	3
Total Income	10	10	9	3	9	5	11	4	9	9
Total Expenditure	9	7	6	4	9	4	11	2	8	7
Operating Profit	1	3	3	-1	1	2	0	2	1	2
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	1	3	3	-1	0	1	-0	2	1	2
Provision for Tax	2	3	3	2	1	1	2	2	-0	0
Profit After Tax	-1	-0	-0	-4	-1	1	-2	1	1	2
Adjustments	9	10	10	11	7	3	5	5	1	-2
Profit After Adjustments	7	10	10	7	6	4	3	5	2	-0
Adjusted Earnings Per Share	11.2	14.8	14.6	10.8	9.7	5.9	5.1	7.9	3.5	-0.1

Mysore Petro Chem Profit & Loss

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	30	6	33	13	23	21	18	19
Other Income	1	10	9	6	9	11	9	13
Total Income	32	17	41	19	32	32	27	33
Total Expenditure	25	10	36	16	25	24	26	28
Operating Profit	7	7	5	4	7	8	1	5
Interest	1	0	0	0	0	0	1	0
Depreciation	3	1	1	1	1	1	0	0
Exceptional Income / Expenses	0	65	0	0	-7	0	0	0
Profit Before Tax	3	71	5	3	24	43	27	5
Provision for Tax	1	17	1	1	26	10	6	4
Profit After Tax	2	54	4	2	-2	33	21	2
Adjustments	13	18	14	2	0	0	0	9
Profit After Adjustments	15	72	18	5	-2	33	21	10
Adjusted Earnings Per Share	22.3	108.8	27	7.4	-3.4	49.7	31.5	16.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-14%	11%	25%	0%
Operating Profit CAGR	-88%	-37%	-32%	0%
PAT CAGR	-36%	119%	-17%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	55%	33%	24%	25%
ROE Average	10%	9%	6%	12%
ROCE Average	13%	17%	11%	18%

Mysore Petro Chem Balance Sheet

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	76	147	163	167	163	195	214
Minority's Interest	0	0	0	0	0	0	0
Borrowings	6	0	0	0	0	0	0
Other Non-Current Liabilities	3	1	1	2	27	37	42
Total Current Liabilities	8	4	5	4	4	3	3
Total Liabilities	93	152	169	173	194	234	258
Fixed Assets	19	5	3	2	2	2	1
Other Non-Current Assets	69	130	146	150	163	211	219
Total Current Assets	5	17	21	21	29	22	38
Total Assets	93	152	169	173	194	234	258

Mysore Petro Chem Cash Flow

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	1	1	3	2	1	1
Cash Flow from Operating Activities	5	-25	-2	-2	-5	-2	-10
Cash Flow from Investing Activities	-3	25	6	2	6	2	18
Cash Flow from Financing Activities	-3	-1	-2	-2	-1	-1	-2
Net Cash Inflow / Outflow	-0	-0	3	-1	-1	-1	6
Closing Cash & Cash Equivalent	1	1	3	2	1	1	7

Mysore Petro Chem Ratios

#	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	22.3	108.83	26.98	7.38	-3.41	49.66	31.48
CEPS(Rs)	7.59	82.53	7	4.65	-2.49	50.56	32.12
DPS(Rs)	1	2	2	2	2	2.5	2.5
Book NAV/Share(Rs)	115.79	223.68	248.31	253.21	247.98	295.54	324.56
Core EBITDA Margin(%)	17.02	-57.15	-10.34	-19.63	-9.42	-13.18	-38.78
EBIT Margin(%)	12.32	1133.02	14.46	23.32	106.19	205.01	149.26
Pre Tax Margin(%)	8.74	1131.92	14.33	22.84	104.7	203.78	146.09
PAT Margin (%)	6.15	859.52	12.06	18.71	-9.82	156.42	112.53
Cash Profit Margin (%)	14.9	872.08	14.15	23.6	-7.19	159.27	114.85
ROA(%)	2.22	43.69	2.44	1.42	-1.22	15.27	8.42
ROE(%)	2.71	47.92	2.53	1.47	-1.36	18.27	10.15
ROCE(%)	5.01	61.38	3.03	1.83	14.7	23.95	13.46
Receivable days	17.86	0	4.33	15.67	44.61	57.1	68.76
Inventory Days	23.05	0	0	0	0	0	0
Payable days	149.4	113.21	25.09	77.71	28.13	16.71	9.24
PER(x)	4.25	1	2.67	4.14	0	2.09	3.53
Price/Book(x)	0.82	0.49	0.29	0.12	0.3	0.35	0.34
Dividend Yield(%)	1.05	1.84	2.77	6.56	2.66	2.41	2.25
EV/Net Sales(x)	2.24	11.43	1.34	1.37	2.09	3.23	3.58
EV/Core EBITDA(x)	9.6	10.5	8.12	4.86	6.89	7.99	45.42
Net Sales Growth(%)	0	-79.44	422.9	-60.16	76	-8.5	-11.89
EBIT Growth(%)	0	1609.01	-93.33	-35.75	701.3	76.65	-35.85
PAT Growth(%)	0	2496.03	-92.66	-38.19	-192.38	1557.12	-36.62
EPS Growth(%)	0	387.98	-75.21	-72.66	-146.2	1557.13	-36.62
Debt/Equity(x)	0.08	0	0	0	0	0	0
Current Ratio(x)	0.64	4.74	4.34	5.33	8.24	7.26	13.06
Quick Ratio(x)	0.77	4.74	4.34	5.33	8.24	7.26	13.06
Interest Cover(x)	3.44	1031.98	106.82	47.89	71.15	167.1	47.14
Total Debt/Mcap(x)	0.1	0	0	0	0	0	0

Mysore Petro Chem Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	72.99	72.99	72.99	72.99	72.99	72.99	72.99	72.99	72.99	72.99
FII	0	0	0	0	0	0	0	0	0	0
DII	2.99	2.99	2.91	1.79	1.4	1.14	0.44	0.44	0.44	0.44
Public	24.02	24.02	24.1	25.22	25.61	25.87	26.57	26.57	26.57	26.57
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48
FII	0	0	0	0	0	0	0	0	0	0
DII	0.02	0.02	0.02	0.01	0.01	0.01	0	0	0	0
Public	0.16	0.16	0.16	0.17	0.17	0.17	0.17	0.17	0.17	0.17
Others	0	0	0	0	0	0	0	0	0	0
Total	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66

Pros

Stock is trading at 0.5 times its book value
Debtor days have improved from 16.71 to 9.24days.
Company is almost debt free.

Cons

Company has a low return on equity of 9% over the last 3 years.
Earnings include an other income of Rs. 9 Cr.
The company has delivered a poor profit growth of -17% over past five years.

* 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.