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MANG

Mangalore Chemicals & Fertilizers NSEI:MANGCHEFER Stock Report

Last Price

₹106.40

Market Cap

₹12.6b

7D

5.2%

1Y

26.4%

Updated

27 Jun, 2022

Data

Company Financials
MANGCHEFER fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends2/6

MANGCHEFER Stock Overview

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

Mangalore Chemicals & Fertilizers Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mangalore Chemicals & Fertilizers
Historical stock prices
Current Share Price₹106.40
52 Week High₹125.75
52 Week Low₹61.50
Beta0.77
1 Month Change28.58%
3 Month Change19.96%
1 Year Change26.37%
3 Year Change172.47%
5 Year Change49.02%
Change since IPO242.67%

Recent News & Updates

May 29
Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Takes On Some Risk With Its Use Of Debt

Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

MANGCHEFERIN ChemicalsIN Market
7D5.2%5.2%4.1%
1Y26.4%-0.3%-0.02%

Return vs Industry: MANGCHEFER exceeded the Indian Chemicals industry which returned -1.5% over the past year.

Return vs Market: MANGCHEFER exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is MANGCHEFER's price volatile compared to industry and market?
MANGCHEFER volatility
MANGCHEFER Average Weekly Movement11.1%
Chemicals Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: MANGCHEFER is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: MANGCHEFER's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.

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?
MANGCHEFER fundamental statistics
Market Cap₹12.60b
Earnings (TTM)₹878.61m
Revenue (TTM)₹28.96b

14.3x

P/E Ratio

0.4x

P/S Ratio

Is MANGCHEFER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MANGCHEFER income statement (TTM)
Revenue₹28.96b
Cost of Revenue₹18.02b
Gross Profit₹10.93b
Other Expenses₹10.05b
Earnings₹878.61m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)7.41
Gross Margin37.76%
Net Profit Margin3.03%
Debt/Equity Ratio196.4%

How did MANGCHEFER perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

16%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MANGCHEFER undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MANGCHEFER?

Other financial metrics that can be useful for relative valuation.

MANGCHEFER key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA9.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MANGCHEFER's PE Ratio compare to its peers?

MANGCHEFER PE Ratio vs Peers
The above table shows the PE ratio for MANGCHEFER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.6x
590030 Southern Petrochemical Industries
6.1xn/a₹10.0b
531719 Bhagiradha Chemicals & Industries
27.3xn/a₹9.8b
532851 Insecticides (India)
15.8xn/a₹16.9b
500650 Excel Industries
9.4xn/a₹15.1b
MANGCHEFER Mangalore Chemicals & Fertilizers
14.3xn/a₹12.6b

Price-To-Earnings vs Peers: MANGCHEFER is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (14.6x).


Price to Earnings Ratio vs Industry

How does MANGCHEFER's PE Ratio compare vs other companies in the IN Chemicals Industry?

Price-To-Earnings vs Industry: MANGCHEFER is good value based on its Price-To-Earnings Ratio (14.3x) compared to the Indian Chemicals industry average (16.9x)


Price to Earnings Ratio vs Fair Ratio

What is MANGCHEFER's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MANGCHEFER PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MANGCHEFER's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MANGCHEFER when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MANGCHEFER (₹106.4) is trading above our estimate of fair value (₹17.84)

Significantly Below Fair Value: MANGCHEFER is trading above our estimate of fair value.


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.6%

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.


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  • Examine Mangalore Chemicals & Fertilizers's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Mangalore Chemicals & Fertilizers competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MANGCHEFER has a high level of non-cash earnings.

Growing Profit Margin: MANGCHEFER's current net profit margins (3%) are lower than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: MANGCHEFER has become profitable over the past 5 years, growing earnings by 20.2% per year.

Accelerating Growth: MANGCHEFER's earnings growth over the past year (30.9%) exceeds its 5-year average (20.2% per year).

Earnings vs Industry: MANGCHEFER earnings growth over the past year (30.9%) exceeded the Chemicals industry 29.6%.


Return on Equity

High ROE: MANGCHEFER's Return on Equity (12.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Mangalore Chemicals & Fertilizers's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MANGCHEFER's short term assets (₹18.1B) exceed its short term liabilities (₹17.3B).

Long Term Liabilities: MANGCHEFER's short term assets (₹18.1B) exceed its long term liabilities (₹3.0B).


Debt to Equity History and Analysis

Debt Level: MANGCHEFER's net debt to equity ratio (114.8%) is considered high.

Reducing Debt: MANGCHEFER's debt to equity ratio has reduced from 283.5% to 196.4% over the past 5 years.

Debt Coverage: MANGCHEFER's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MANGCHEFER's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.13%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MANGCHEFER's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: MANGCHEFER's dividend (1.13%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

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

Growing Dividend: MANGCHEFER's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.2%), MANGCHEFER's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MANGCHEFER is paying a dividend but the company has no free cash flows.


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Management

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

2.8yrs

Average board tenure


CEO

Shubhabrata Saha (51 yo)

0.75

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: MANGCHEFER's board of directors are not considered experienced ( 2.8 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: MANGCHEFER 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: MANGCHEFER
  • Exchange: NSEI
  • Founded: 1966
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹12.598b
  • 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 Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.