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Unlisted Shares

Mohindra Fasteners Essentials

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

Face Value

₹ 10

Total Share

58,92,461

Total Income

₹ 172.11 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/E

****

P/B

****

Market Capitalisation

₹ 176.77 Cr

Enterprise Value

₹ ****

Book Value

₹ 149.65

Intrinsic Value

₹ ****

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

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  • 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.
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  • 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. 
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  • 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.
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  • 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

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Managment

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Accounting Practice

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Profatibility

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Solvency

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Growth

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Valuation

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Overall Ratings

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Recommendation

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Our Team

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Ranbir Singh Narang

( Executive Director )
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Ravinder Mohan Juneja

( Managing Director )

Quantity

Invest

, Min. Investment: ₹