BSE:535204

Stock Analysis Report

Executive Summary

Mukta Agriculture Limited engages in the trading of agricultural products and natural resources in India.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Mukta Agriculture's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 535204's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.0%

535204

-0.5%

IN Food

-1.1%

IN Market


1 Year Return

-69.2%

535204

-0.8%

IN Food

-31.7%

IN Market

Return vs Industry: 535204 underperformed the Indian Food industry which returned -1.9% over the past year.

Return vs Market: 535204 underperformed the Indian Market which returned -32.1% over the past year.


Shareholder returns

535204IndustryMarket
7 Day-2.0%-0.5%-1.1%
30 Day-10.9%-14.4%-25.1%
90 Day-45.1%-10.5%-30.6%
1 Year-69.2%-69.2%0.6%-0.8%-30.3%-31.7%
3 Year-95.3%-95.3%44.8%40.4%-20.1%-24.4%
5 Year-95.0%-95.0%81.5%72.6%-11.0%-15.7%

Price Volatility Vs. Market

How volatile is Mukta Agriculture's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mukta Agriculture undervalued compared to its fair value and its price relative to the market?

0.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 535204's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 535204's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 535204 is unprofitable, so we can't compare its PE Ratio to the Food industry average.

PE vs Market: 535204 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 535204's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 535204 is good value based on its PB Ratio (0.2x) compared to the IN Food industry average (0.8x).


Next Steps

Future Growth

How is Mukta Agriculture forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mukta Agriculture has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Mukta Agriculture performed over the past 5 years?

-38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 535204 is currently unprofitable.

Growing Profit Margin: 535204 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 535204 is unprofitable, and losses have increased over the past 5 years at a rate of -38.1% per year.

Accelerating Growth: Unable to compare 535204's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 535204 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (20.6%).


Return on Equity

High ROE: 535204 has a negative Return on Equity (-2.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mukta Agriculture's financial position?


Financial Position Analysis

Short Term Liabilities: 535204's short term assets (₹72.4M) exceed its short term liabilities (₹11.2M).

Long Term Liabilities: 535204 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 535204 is debt free.

Reducing Debt: 535204 has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 535204 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 535204 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.5% per year.


Next Steps

Dividend

What is Mukta Agriculture's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 535204's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 535204's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 535204's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 535204's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 535204's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Mohit Khadaria (33yo)

2.33s

Tenure

Mr. Mohit Krishan Khadaria has been Managing Director and Executive Director of Mukta Agriculture Ltd and Mystic Electronics Ltd since December 14, 2017. Mr. Khadaria was Compliance Officer and Company Sec ...


Leadership Team

NamePositionTenureCompensationOwnership
Mohit Khadaria
MD & Additional Director2.33yrsno data0.018% 13.5k
Rakesh Sahewal
Chief Financial Officer5.58yrs₹858.00kno data
Gourav Mundra
Company secretary & Compliance Officer1.25yrs₹245.46kno data
Sushil Bajaj
no data₹650.00kno data

2.3yrs

Average Tenure

Experienced Management: 535204's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mohit Khadaria
MD & Additional Director2.33yrsno data0.018% 13.5k
Krishan Kumar Raghunath Khadaria
Non-Executive Director8.67yrs₹5.00k3.3% 2.5m
Manoj Bhatia
Non-Executive & Independent Director8.67yrs₹5.00kno data
Asha Khadaria
Additional Director2.33yrs₹1.00k1.88% 1.4m
Narendra Gupta
Non-Executive & Independent Director2.67yrsno datano data
Niraali Thingalaya
Additional Director1.92yrsno datano data

2.5yrs

Average Tenure

53yo

Average Age

Experienced Board: 535204's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mukta Agriculture Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mukta Agriculture Limited
  • Ticker: 535204
  • Exchange: BSE
  • Founded: 2011
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹74.802m
  • Shares outstanding: 21.68m
  • Website: https://www.mukta-agriculture.com

Number of Employees


Location

  • Mukta Agriculture Limited
  • 401/A, Pearl Arcade
  • Opposite P. K. Jewellers
  • Mumbai
  • Maharashtra
  • 400058
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
535204BSE (Mumbai Stock Exchange)INR10ININRNo data
535204BSE (Mumbai Stock Exchange)YesEquity sharesININRMar 2013

Biography

Mukta Agriculture Limited engages in the trading of agricultural products and natural resources in India. The company also deals in agro and allied products. The company was formerly known as Pearl Agriculture Limited and changed its name to Mukta Agriculture Limited in February 2016. Mukta Agriculture Limited was incorporated in 2011 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 13:36
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.