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Get detailed information about the Mohan Meakin Pre IPO shares. In this research report, you will get to know about Mohan Meakin Limited Key Ratio data. In addition, get the Complete details about the Net Profit Growth, Revenue Growth and Book Value Growth.
Growth in %
25.10%
1 Year
20.22%
4 Year
14.60%
7 Year
The company has created a total revenue of Rs.1378 Cr., representing a 25% year-over-year (y-o-y) growth in FY22. With a 167-year history, the company's "Old Monk" brand has strong brand awareness and an established position in the domestic IMFL market. The U.P. Government changed the excise policy and has made it Industrial
Friendly w.e.f 01/04/2018, as a result of which the company would get the opportunity to substantially
increase its sale of various brands of Liquor and Beer in the state of U.P., which had considerably
come down over the period. The results of the change in excise policy are visible in the
overall performance of the company during recent years. Also, the increase in demand by 70% y-o-y as per the research of the Indian Council for Research on International Economic Relations (ICRIER) shows a noteworthy growth in revenue.
Growth in %
27.65%
1 Year
35.36%
4 Year
45.30%
7 Year
In FY22, the net income increased at a CAGR of almost 28% y-o-y. The company's "Old Monk" brand has a strong following and a strong presence in the regional IMFL market. Due to its well-known brand image, the firm does not need to spend as much money on advertising, which helps to lower the organization's overall cost.
Growth in %
27.63%
1 Year
35.35%
4 Year
45.31%
7 Year
Since the last 6 years, from FY17 to FY22, the company's EPS has been steadily increasing due to constant increases in profit.
Growth in %
33.77%
1 Year
38.03%
4 Year
34.89%
7 Year
Increase in equity is noticed primarily on the back of increase in retained earnings (due to increase in net profits)
Growth in %
27.61%
1 Year
35.35%
4 Year
32.47%
7 Year
The company's EBIDTA has increased principally as a result of increasing efficiency in generating revenue at a lower cost per unit of revenue, aided by economies of scale in their manufacturing process.
Growth in %
28.76%
1 Year
36.61%
4 Year
40.02%
7 Year
Growth in %
20.24%
1 Year
14.86%
3 Year
8.83%
7 Year
The company's assets climbed by 20% y-o-y in FY22 as the increase in current assets showed major growth this year as compared to the previous year. The reason behind this was, firstly the bank balance of the company increased by around Rs.36 Cr., and on the other side, due to the disruption in business continuity, stocks of raw materials and finished products increased.
Growth in %
60.54%
1 Year
13.64%
4 Year
12.18%
7 Year
From FY17 to FY22, the company's debt dropped by roughly 38% y-o-y. In FY22, compared to FY21, there was not much change in the overall liabilities of the company in absolute terms, but if we look at the equity, we can see that there has been substantial growth mainly as the company decided to increase the retained earnings by about 36% which is a good sign for the company as well as investors in the long term.
Since the last six financial years, from FY17 to FY22, the company's current ratio has increased by 17% y-o-y. To meet short-term obligations, the company has maintained a standard liquidation position. In the last four financial years, from FY19 to FY22, short-term borrowings have reduced by 43 % y-o-y, which is a positive indicator for the company.
The firm's interest expense has fallen by 47% y-o-y in FY22 as compared to FY21, which is a positive sign. The company has also maintained strong liquidity to meet this type of expense.
The operating efficiency of the company has increased y-o-y from FY21 to FY22 because of the rapid spike in product demand following the nation's lockdown. The desire to consume products after a four to five-month hiatus has boosted sales and revenue, allowing the company to cover its operating costs. The government also reduced the income tax rate from 35% in FY20 to 25% in FY22, resulting in a fall in tax and an increase in PAT.
The ROE of the company decreased by 5% y-o-y in FY22 when compared to FY21, as the net profit of the company increased by 28% y-o-y but the Equity of the company increased at a much faster rate which eventually had higher impact on the end result, i.e., the ROE of the company.
From FY17 to FY22, the company's ROCE improved by 33 % y-o-y. From FY18 to FY21, the company diversified its investment in associate companies such as National Cereals Products Limited and John Oakey & Mohan Limited. In FY21, the company additionally made equity investments in The Indian Hotels Company Limited and Tai Industries Limited.
The company's ROA climbed 9% y-o-y in FY22, indicating the company's better profitability in relation to its assets or resources. The company's assets increased 10 % y-o-y in FY22. Fixed assets, particularly Plant and Machinery, which grew by almost Rs 4 Cr. in FY22, have had a significant impact on asset growth. But, the net income grew at an impressive rate of 28%, which resulted in an increase in the ROA of the company.
