company details
MOHAN MEAKIN LIMITED
- mohanmeakin.com
- Sector: Consumer Goods
-
CHRYSEUM SCORE:
10.00/10.00
MOHAN MEAKIN LIMITED
- Sector: Consumer Goods
- CHRYSEUM SCORE: 10.00/10.00
Description: Mohan Meaking Limited manufactures beers, I.M.F. spirits, yeast, fruit juices and other products.
Evaluation is basis the latest financial year disclosures filed by the company
Valuation
Max Score: 3.50
P/E of Company
22.10
AVG P/E of Key Peer/s
62.13
Valuation Score
3.50
Growth
Max Score: 3.50
Sales Growth
20.65%
PAT Growth
28.08%
ROE
23.12%
Growth Score
3.50
Leverage
Max Score: 1.50
Debt / Equity
0.01
AVG Industry Debt / Equity
0.34
Leverage Score
3.00
Management Quality
Max Score: 1.50
Board Structure & Composition
1.00
Related Party Transactions
1.00
Timely Disclosure
1.00
Management Score
1.50
₹2200.00 -20.00 (-0.90%)
As on 13 Sep, 2024
Company Description : The first Indian brewery set up in 1855. It manufactures beers, I.M.F. spirits, yeast, fruit juices and other products. It's flagship product is Old Monk Rum
Company Overview
- Name of Company MOHAN MEAKIN LIMITED
- Sector Consumer Goods
- ISIN INE136D01018
- Scrip Code MOHAN MEAKIN
- CIN L15520HP1934PLC000135
- Pan No AAACM4465E
- Face Value 5
- Price ₹ 2200.00
- No. of Shares outstanding 0.85 Cr.
- Market Cap ₹ 1,871.87 Cr
Financials
- Revenue from operations ₹ 1,929.92 Cr.
- EBITDA ₹ 123.10 Cr.
- EBITDA Margin % 6.38%
- Profit After Tax ₹ 84.70 Cr.
- PAT Margin % 4.36%
- EPS 99.55
- Stock P/E 22.10
- Book Value Per Share 430.53
- P/B 5.11
- Debt/Equity 0.01
Other Key Statistics
- 52 week High/Low 2380.00/1600.00
- Dividend Per Share 1.00
- Dividend Yield 0.00
- Sales Growth - 3 years 20.65%
- EBITDA Growth - 3 years 27.59%
- PAT Growth - 3 years 28.08%
- EPS Growth - 3 years 28.08%
- ROE 23.12%
- ROCE 29.82%
- Cash Equivalents 65.68
Peer Comparison
| Key Financials - FY24 | |||
| Company Name | Mohan Meakin Limited | Som Distilleries & Breweries Ltd | |
| Listing Status | Unlisted | Listed | |
| Revenue from Operations | 1,929.92 | 2,464.29 | |
| Total Income | 1,941.77 | 2,470.01 | |
| Finance Cost | 0.79 | 11.89 | |
| Depreciation & Amortization | 8.38 | 21.35 | |
| Total Expenses | 1,827.84 | 2,348.07 | |
| EBITDA | 123.10 | 155.18 | |
| PAT | 84.70 | 86.50 | |
| No. of Shares Outstanding | 0.85 | 19.50 | |
| EPS (in ₹) | 99.55 | 4.44 | |
| Share Capital | 4.25 | 38.99 | |
| Total Net Worth | 366.32 | 593.12 | |
| Total Assets | 534.74 | 1,169.48 | |
| Total Debt | 4.29 | 166.47 | |
| Key Metrics: | |||
| CMP* | 2,200.00 | 119.59 | |
| Market Cap (In Cr.) | 1,871.87 | 2,332.01 | |
| Market Cap/Sales | 0.96 | 0.94 | |
| EPS (Earnings Per Share) | 99.55 | 4.44 | |
| BVPS (Book Value Per Share) | 430.53 | 30.42 | |
| P/E | 22.10 | 26.93 | |
| P/BV | 5.11 | 3.93 | |
| EBITDA Margin | 6.38% | 6.30% | |
| ROE | 23.12% | 14.58% | |
| ROA | 15.84% | 7.40% |
Profit Loss
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Revenue from operations | 1,929.92 | 1,771.21 | 1,370.42 | 1,099.01 | 1,020.94 |
| Y-o-Y Revenue Growth | 8.96% | 29.25% | 24.70% | 7.65% | 7.70% |
| Other Income | 11.85 | 7.37 | 8.96 | 2.86 | 6.84 |
| Total Income | 1,941.77 | 1,778.58 | 1,379.38 | 1,101.87 | 1,027.78 |
| Total Expenses (Excludes Interest and Depreciation) | 1,818.67 | 1,681.96 | 1,302.80 | 1,042.60 | 978.24 |
| Operating Profit (After deducting Depreciation) | 102.87 | 82.37 | 61.57 | 51.19 | 37.94 |
| OPM % | 5.33 | 4.65 | 4.49 | 4.66 | 3.72 |
| EBITDA | 123.10 | 1,428.93 | 76.58 | 59.27 | 49.54 |
| Depreciation | 8.38 | 6.88 | 6.05 | 5.22 | 4.76 |
| EBIT | 113.95 | 1,422.05 | 70.53 | 54.05 | 44.78 |
| Interest | 0.79 | 0.96 | 1.56 | 2.91 | 2.67 |
| EBT before Exceptional Items | 113.94 | 1,421.09 | 68.97 | 51.14 | 42.11 |
| Prior period/Exceptional /Extra Ordinary Items | 0.00 | 3.01 | 0.00 | -3.01 | 0.00 |
| Profit before tax/EBT | 113.94 | 1,418.08 | 68.97 | 54.15 | 42.11 |
| Tax | 29.24 | 23.40 | 17.52 | 13.84 | 15.69 |
| Net Profit | 84.70 | 68.40 | 51.45 | 40.31 | 26.42 |
| Profit (loss) of minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total profit (loss) for period | 84.70 | 68.40 | 51.45 | 40.31 | 26.42 |
| EPS in Rs | 99.55 | 80.39 | 60.47 | 47.38 | 31.03 |
| EPS Change % | 23.83% | 32.94% | 27.63% | 52.69% | -20.35% |
| EBITDA Change % | -91.38% | 1,765.93% | 29.21% | 19.64% | -12.89% |
| Profit growth | 23.83% | 32.94% | 27.64% | 52.57% | -20.78% |
| ROCE | 29.82% | 479.37% | 31.05% | 30.98% | 32.48% |
| ROE | 23.12% | 24.41% | 24.37% | 25.45% | 22.43% |
| Debt / Equity Ratio | 0.01 | 0.02 | 0.02 | 0.03 | 0.07 |
| Sales growth 3Years | 20.65% | ||||
| Sales growth 5Years | 15.28% | ||||
| Dividend per share | 1.00 | 1.00 |
Balance Sheet
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Share Capital | 4.25 | 4.25 | 4.25 | 4.25 | 4.25 |
| Reserves | 362.07 | 275.96 | 206.85 | 154.14 | 113.56 |
| Total shareholders' funds | 366.32 | 280.22 | 211.10 | 158.39 | 117.81 |
| Borrowings | 4.29 | 4.29 | 4.63 | 5.40 | 8.61 |
| Other Liabilities | 64.33 | 52.39 | 51.98 | 47.74 | 56.03 |
| Total Liabilities | 168.42 | 154.06 | 137.58 | 131.60 | 137.12 |
| Fixed Assets | 84.57 | 71.64 | 61.37 | 58.57 | 52.54 |
| Capital WIP | 12.12 | 10.16 | 8.03 | 7.30 | 8.97 |
| Investments | 7.23 | 4.48 | 3.59 | 2.40 | 2.17 |
| Other Assets | 113.98 | 37.67 | 40.60 | 34.61 | 29.97 |
| Total Assets | 534.74 | 434.27 | 348.68 | 289.99 | 254.94 |
| Cash Equivalents | 65.68 | 90.19 | 67.11 | 29.83 | 15.81 |
| Total Current liability | 152.64 | 137.62 | 121.55 | 115.55 | 117.09 |
| Total Assets -Total Current liabilty | 382.10 | 296.65 | 227.13 | 174.44 | 137.85 |
Cash Flow
| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Net Cash from / (used in) Operating Activity | 66.69 | 41.98 | 47.68 | 29.70 | 14.82 |
| Net Cash from / (used in) Investing Activity | -70.94 | -51.69 | -40.02 | -8.64 | -8.76 |
| Net Cash from / (used in) Financing Activity | -0.83 | -0.49 | -1.01 | -9.19 | -5.27 |
| Net Inc/Dec In Cash And Cash Equivalents | -5.08 | -10.19 | 6.65 | 11.87 | 0.80 |
Share Holding Pattern
| No. of Shares in Crs. | % Holding | |
|---|---|---|
| Promoters | 0.58 | 67.64% |
| Non Promoters | 0.28 | 32.36% |
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