RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

RATING

RECOMMENDATION

Neutral

Business Type

Emerging Leader

  • Mohan Meakin Growth

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.

Mohan Meakin Revenue Growth

Growth in %

  • 6.70%

    1 Year

  • 13.11%

    3 Year

  • 11.09%

    5 Year

Since the last 6 years, the company has created a total revenue of Rs.1102 Cr,  representing a 20% year-over-year (y-o-y) growth (FY16 to FY21). With a 166-year history, the company's brand "Old Monk" has a strong brand awareness and 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 comedown over the period of time. The results of change in excise policy are clearly visible in the overall performance of the company during the recent years

Mohan Meakin Net Profit Growth(PAT)

Growth in %

  • 52.62%

    1 Year

  • 38.03%

    3 Year

  • 62.52%

    5 Year

In the last six years, net income has grown at a CAGR of roughly 63% from FY16 to FY21. In the local IMFL market, the company's brand "Old Monk" has a great brand awareness and established position. The corporation does not have to spend as much money on advertising, due its well renowned brand image which helps to reduce the total cost of the organization. Moreover, due to unabated rise in price of petroleum products, the logistic issues and different regulations applicable in different states with the result that sending the goods from one corner of the country to the other has become a costly affair and is un- remunerative and economically unviable. Therefore, to overcome these obstacles most of the leaders in the liquor Industry have opted for collaboration, technical know-how and bottling arrangements in various other States and Mohan Meakin company is one of them.

Mohan Meakin EPS Growth

Growth in %

  • 52.64%

    1 Year

  • 38.02%

    3 Year

  • 62.51%

    5 Year

Since the last 6 years, from FY16 to FY21, the company's EPS has been steadily increasing due to constant increases in profit.

  • Mohan Meakin Book Value Growth

Growth in %

  • 31.54%

    1 Year

  • 35.29%

    2 Year

Increase in equity is noticed primarily on the back of increase in retained earnings (due to increase in net profits)

Mohan Meakin EBITDA Growth

Growth in %

  • 25.73%

    1 Year

  • 26.09%

    3 Year

  • 26.52%

    5 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.

Mohan Meakin Operating Profit Growth

Growth in %

  • 27.43%

    1 Year

  • 26.01%

    3 Year

  • 28.63%

    5 Year

Mohan Meakin Asset Growth

Growth in %

  • 13.75%

    1 Year

  • 12.00%

    3 Year

  • 6.87%

    5 Year

From FY16 to FY21, the company's assets climbed by 7% y-o-y. fixed assets, particularly plant and machinery, which increased by roughly Rs 7Cr. in FY21, have had a major impact on asset growth. On the other side, due of the disruption in business continuity, stocks of raw materials and finished products increased.

Mohan Meakin Cash Flow from Operations

Growth in %

  • 108.81%

    1 Year

  • 1.28%

    3 Year

  • 1.16%

    5 Year

  • Mohan Meakin Solvency Ratios

Mohan Meakin D/E Ratio

Since FY16 to FY21, the company's debt has dropped by roughly 58% y-o-y. In FY21, compared to FY20, there is a decline of Rs.7.7Cr y-o-y. Currently, the company has deferred payment liability for UPSIDC Limited's instalments due on land at Salempur Industrial Area, Hathras, Uttar Pradesh, and loan on purchase of vehicles around 52 lacs. which is hypothecation of individual cars provides security. The loan can be paid back in 60 to 84 monthly payments. Overall, the company as able to payback a good amount of its debt over a period of years and it's equity has increased due to increase in retained earnings, 


Mohan Meakin Current Ratio

Since the last six financial years, from FY16 to FY21, the company's current ratio has increased by 12% y-o-y. To meet short-term obligations, the company has maintained a standard liquidation position. In the last four financial years, from FY18 to FY21, short-term borrowings have reduced by 76 % y-o-y, which is a positive indicator for the company.

Mohan Meakin Quick Ratio

The company's quick ratio has grown 12% y-o-y from FY16 to FY21 due to a decrease in current liabilities, particularly short-term borrowings, which have decreased by 76% y-o-y from FY18 to FY21, indicating the company's liquidity. If necessary, more assets may be swiftly converted into cash, which is a good sign for the organization.

Mohan Meakin Interest Coverage Ratio

The firm's interest expense has fallen by 23% y-o-y in the last six financial years, from FY16 to FY21, which is a positive sign. The company has also maintained strong liquidity to meet this type of expense.

  • Mohan Meakin Operating Efficiency

Operating efficiency of the company has increased y-o-y from FY20 to FY21 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 FY21, resulting in a fall in tax and an increase in PAT.

Mohan Meakin Operating Profit EBIT Margin(OPM)

Mohan Meakin Profit Before Tax Margin (PBT Margin)

Mohan Meakin Profit After Tax Margin (PAT Margin)

  • Mohan Meakin Profitablity Ratio

Mohan Meakin Return on Equity(RoE)

In FY21, the company's ROE increased 16.02 % y-o-y. The company's earnings climbed 13 Cr. y-o-y in FY21, owing to a constant increase in other equity of roughly 35 % y-o-y since the last six financial years from FY16 to FY21. It also shows how successfully a company's management manages shareholder funds.

Mohan Meakin Return on Capital Employed(RoCE)

From FY16 to FY21, the company's ROCE improved by 37.32 % y-o-y. from FY18 to FY21, the company has 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.

Mohan Meakin Return to Assets (RoA)

The company's ROA climbed 53% y-o-y in the last six financial years (from FY16 to FY21), indicating the company's profitability in relation to its assets or resources. The company's assets increased 6.87 % y-o-y in FY21. Fixed assets, particularly Plant and Machinery, which grew by almost Rs 7 Cr. in FY21, have had a significant impact on asset growth.

  • Mohan Meakin Valuation Ratios

Mohan Meakin Earning Yield