As of July 27, 2024, Mohindra Fasteners, Unlisted Shares are trading at ₹300.00 per share, with a 52-week high of ₹300 and 52-week low of ₹220. The minimun lot size is 700 shares, and the shares are traded on NSDL.
ISIN
INE705H01011
An International Securities Identification Number (ISIN) is a code that uniquely identifies a specific securities issue. The numbers are allocated by a country's respective national numbering agency (NNA).
Face Value
₹ 10
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total Share
58,92,461
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
Total Income
₹ 172.11 undefined
Gross income refers to the total income earned by an individual on a pay check before taxes and other deductions. It comprises all incomes received by an individual from all sources – including wages, rental income, interest income, and dividends.
Profit After Tax
₹ ****
It is the final profit left over after subtracting all operating and non operating items from net revenue.
EPS
₹ ****
It is the profit allocated to each outstanding share of common stock.
P/E
****
It is a valuation parameter that measures the company's current share price relative to its per-share earnings. Generally, high P/E is Overvalued & low P/E is Undervalued.
P/B
****
It shows the relationship between the current price and the book value of each share. A lower P/B ratio can mean that the stock is undervalued.
Market Capitalisation
₹ 176.77 Cr
Market capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding shares.
Enterprise Value
₹ ****
It measures companys total value, which includes market capitalization, debt and excludes cash.
Book Value
₹ 149.65
It calculates the per share value of a company based on its equity available to common shareholders
Intrinsic Value
₹ ****
Intrinsic value is the anticipated value of a company or stock determined through fundamental analysis. It is also referred to as the price a rational investor is willing to pay for an investment, given its level of risk.
Dividend Yield
1.5 %
It measures the amount of cash dividends distributed to equity shareholders relative to the market value per share.
Earnings Yield
8.65 %
Sector
Industrials
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Sub-sector
Heavy Machinery
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category
Small Cap
Category is defined as a class or division of things regarded as having particular shared characteristics.
Cashflow - Operations
₹ 6.81
It indicates the amount of money a company brings in from its ongoing and regular operations over a fixed period of time.
Cashflow - Financing
₹ 4.32
It shows the net flows of cash that are used to fund the company, which include transactions involving debt, equity, and dividends.
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
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.
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.
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.
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.