company background image
5300

Mangalore Chemicals & FertilizersBSE:530011 Stock Report

Market Cap

₹8.9b

7D

-0.4%

1Y

160.3%

Updated

13 Oct, 2021

Data

Company Financials
530011 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends2/6

530011 Overview

Mangalore Chemicals & Fertilizers Limited manufactures, purchases, and sells nitrogenous and phosphatic fertilizers in India and internationally.

Mangalore Chemicals & Fertilizers Competitors

Coromandel International

NSEI:COROMANDEL

₹255.2b

Gujarat State Fertilizers & Chemicals

BSE:500690

₹55.6b

Zuari Agro Chemicals

BSE:534742

₹5.3b

Price History & Performance

Summary of all time highs, changes and price drops for Mangalore Chemicals & Fertilizers
Historical stock prices
Current Share Price₹74.70
52 Week High₹27.50
52 Week Low₹101.00
Beta1.08
1 Month Change0.27%
3 Month Change-17.55%
1 Year Change160.28%
3 Year Change79.35%
5 Year Change17.92%
Change since IPO1,523.91%

Recent News & Updates

Shareholder Returns

530011IN ChemicalsIN Market
7D-0.4%2.3%3.2%
1Y160.3%81.1%64.8%

Return vs Industry: 530011 exceeded the Indian Chemicals industry which returned 78.3% over the past year.

Return vs Market: 530011 exceeded the Indian Market which returned 63.3% over the past year.

Price Volatility

Is 530011's price volatile compared to industry and market?
530011 volatility
530011 Beta1.08
Industry Beta0.63
Market Beta1

Stable Share Price: 530011 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 530011's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966680Shubhabrata Sahahttps://www.mangalorechemicals.com

Mangalore Chemicals & Fertilizers Limited manufactures, purchases, and sells nitrogenous and phosphatic fertilizers in India and internationally. The company offers urea, di-ammonium phosphate, ammonium bi-carbonate, single superphosphate, and muriate of potash; and plant nutrition products, such as soil conditioners, organic products, micronutrients, specialty agri products, water soluble fertilizers, crop specific soil products, and wetting and spreading agents. It also provides plant protection chemicals comprising insecticides, fungicides, herbicides, and PP chemicals; and other products, such as ammonium bi carbonate, sulphonated naphthalene formaldehyde, and sulphuric acid products.

Mangalore Chemicals & Fertilizers Fundamentals Summary

How do Mangalore Chemicals & Fertilizers's earnings and revenue compare to its market cap?
530011 fundamental statistics
Market Cap₹8.85b
Earnings (TTM)₹804.16m
Revenue (TTM)₹23.01b

11.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
530011 income statement (TTM)
Revenue₹23.01b
Cost of Revenue₹14.55b
Gross Profit₹8.47b
Expenses₹7.66b
Earnings₹804.16m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.79
Gross Margin36.80%
Net Profit Margin3.49%
Debt/Equity Ratio132.9%

How did 530011 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

15%

Payout Ratio

Valuation

Is Mangalore Chemicals & Fertilizers undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 530011 (₹74.7) is trading below our estimate of fair value (₹1111.57)

Significantly Below Fair Value: 530011 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530011 is good value based on its PE Ratio (11x) compared to the Indian Chemicals industry average (20.1x).

PE vs Market: 530011 is good value based on its PE Ratio (11x) compared to the Indian market (21.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530011's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530011 is good value based on its PB Ratio (1.5x) compared to the IN Chemicals industry average (2.5x).


Future Growth

How is Mangalore Chemicals & Fertilizers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.9%

Forecasted Materials 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 Mangalore Chemicals & Fertilizers 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.


Past Performance

How has Mangalore Chemicals & Fertilizers performed over the past 5 years?

58.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530011 has high quality earnings.

Growing Profit Margin: 530011's current net profit margins (3.5%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: 530011 has become profitable over the past 5 years, growing earnings by 58.4% per year.

Accelerating Growth: 530011's earnings growth over the past year (6.4%) is below its 5-year average (58.4% per year).

Earnings vs Industry: 530011 earnings growth over the past year (6.4%) underperformed the Chemicals industry 44.3%.


Return on Equity

High ROE: 530011's Return on Equity (13.2%) is considered low.


Financial Health

How is Mangalore Chemicals & Fertilizers's financial position?


Financial Position Analysis

Short Term Liabilities: 530011's short term assets (₹12.3B) exceed its short term liabilities (₹12.0B).

Long Term Liabilities: 530011's short term assets (₹12.3B) exceed its long term liabilities (₹1.9B).


Debt to Equity History and Analysis

Debt Level: 530011's debt to equity ratio (132.9%) is considered high.

Reducing Debt: 530011's debt to equity ratio has reduced from 330% to 132.9% over the past 5 years.

Debt Coverage: 530011's debt is well covered by operating cash flow (119.2%).

Interest Coverage: 530011's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Dividend

What is Mangalore Chemicals & Fertilizers's current dividend yield, its reliability and sustainability?

1.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 530011's dividend (1.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: 530011's dividend (1.34%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).


Stability and Growth of Payments

Stable Dividend: 530011's dividend payments have been volatile in the past 10 years.

Growing Dividend: 530011's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.8%), 530011's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.3yrs

Average board tenure


CEO

Shubhabrata Saha (51 yo)

0.083

Tenure

Mr. Shubhabrata Saha serves as Managing Director at Mangalore Chemicals & Fertilizers Limited since September 16, 2021. He served as Chief Executive Officer of Mahindra First Choice Wheels Ltd. Mr. Saha se...


Board Members

Experienced Board: 530011's board of directors are considered experienced (3.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Mangalore Chemicals & Fertilizers Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mangalore Chemicals & Fertilizers Limited
  • Ticker: 530011
  • Exchange: BSE
  • Founded: 1966
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹8.853b
  • Shares outstanding: 118.52m
  • Website: https://www.mangalorechemicals.com

Number of Employees


Location

  • Mangalore Chemicals & Fertilizers Limited
  • UB Tower
  • Level 11
  • Bengaluru
  • Karnataka
  • 560001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/13 15:32
End of Day Share Price2021/10/13 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.