left
Hey There : )
right
company-image

Unlisted Shares

Price Chart

1W
1M
1Y
MAX
High

-

Low

-

Return

-

loader

Mohindra Fasteners Essentials

As of October 05, 2024, Mohindra Fasteners Unlisted share price is ₹300.00 per share and the face value is ₹10.00/share. The lot size of Mohindra Fasteners is 700 shares. The 52-week high for Mohindra Fasteners stock price is ₹300, while the 52-week low is ₹220

ISIN

INE705H01011

Face Value

₹ 10

Total Share

58,92,461

Total Income

₹ 172.11 undefined

Profit After Tax

₹ 15.06 undefined

EPS

₹ 25.95

P/E

11.56

P/B

2

Market Capitalisation

₹ 176.77 Cr

Enterprise Value

₹ 202.38 Cr

Book Value

₹ 149.65

Intrinsic Value

₹ 799.46

Dividend Yield

1.5 %

Earnings Yield

8.65 %

Sector

Industrials

Sub-sector

Heavy Machinery

Category

Small Cap

Cashflow - Operations

6.81

Cashflow - Financing

4.32

Mohindra Fasteners Growth

Compounded Sales Growth

1 Year

3 Year

6 Year

Compounded Profit Growth

1 Year

3 Year

6 Year

Return On Equity

2018

2020

2023

Highlights

image
  • Strong Market Position: MFL holds a significant market share in India, with a 8% share in the cold forged fasteners market and a 6% share in the hot forged fasteners market. This strong market position is attributed to the company's focus on quality, innovation, and customer service.
image
  • Profit Margins: The company's bottom line saw a in FY23. The company boasts a gross profit margin of 51%, surpassing industry competitors, thanks to its effective utilisation of raw materials and the acquisition of these materials at more affordable rates than its counterparts. Additionally, its net profit margin is recorded at 8.75% during the same time. 
image
  • Return Ratios: The impressive ROE of 17% signifies effective management in converting shareholder equity into profits. This performance demonstrates the company's ability to generate substantial returns for investors and suggests a well-optimized capital structure.
image
  • Investment Thesis: The company is presently trading with a Price-to-Earnings (P/E) ratio of 10x, where as it's peers( Sundram fasteners and Bharat forge) and  are trading at 38x. This indicates that the stock is significantly undervalued, especially when compared to other companies within the fasteners industry. If we compute the stock's intrinsic value using the industry's  price-to-earnings ratio (PE), the anticipated stock price target is approximately Rs 986.

Business Rating

image

Management

lock starlock starlock starlock starlock star
image

Accounting Practice

lock starlock starlock starlock starlock star
image

Profitability

lock starlock starlock starlock starlock star
image

Solvency

lock starlock starlock starlock starlock star
image

Growth

lock starlock starlock starlock starlock star
image

Valuation

lock starlock starlock starlock starlock star

Overall Ratings

lock starlock starlock starlock starlock star

Recommendation

lock starlock starlock starlock starlock star

Our Team

directorImage

Ranbir Singh Narang

( Executive Director )

directorImage

Ravinder Mohan Juneja

( Managing Director )

Quantity

Invest

Min. Investment: ₹