Financials Madhya Bharat Agro Products Limited

Equities

MBAPL

INE900L01010

Agricultural Chemicals

Market Closed - NSE India S.E. 12:43:49 09/05/2024 BST 5-day change 1st Jan Change
220 INR -2.50% Intraday chart for Madhya Bharat Agro Products Limited -7.48% -25.57%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 942 1,227 1,440 2,164 8,868 24,901
Enterprise Value (EV) 1 1,298 1,490 1,831 2,863 10,423 27,915
P/E ratio 18.4 x 10.1 x 9.71 x 10.7 x 15.6 x 20 x
Yield 1.16% 0.89% 0.76% 0.51% 0.12% 0.09%
Capitalization / Revenue 1.05 x 1.05 x 1.1 x 1.17 x 1.8 x 2.54 x
EV / Revenue 1.44 x 1.28 x 1.4 x 1.54 x 2.12 x 2.84 x
EV / EBITDA 6.33 x 5.01 x 5.36 x 6.88 x 9.78 x 13.1 x
EV / FCF -66.8 x 20 x -13.6 x -7.64 x -10.5 x -17.2 x
FCF Yield -1.5% 5% -7.33% -13.1% -9.54% -5.81%
Price to Book 0.89 x 1.05 x 1.1 x 1.45 x 4.32 x 7.58 x
Nbr of stocks (in thousands) 87,627 87,627 87,627 87,627 87,627 87,627
Reference price 2 10.75 14.00 16.44 24.70 101.2 284.2
Announcement Date 28/08/18 27/08/19 27/07/20 15/06/21 30/05/22 29/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 899.2 1,163 1,309 1,857 4,915 9,821
EBITDA 1 205.2 297.4 341.5 416.2 1,066 2,136
EBIT 1 124.5 200.8 244.7 322.5 884.8 1,913
Operating Margin 13.85% 17.27% 18.7% 17.37% 18% 19.48%
Earnings before Tax (EBT) 1 72.8 165.2 214.7 285.8 811.8 1,762
Net income 1 51.14 121.2 148.4 202.4 570.2 1,242
Net margin 5.69% 10.42% 11.34% 10.9% 11.6% 12.65%
EPS 2 0.5836 1.383 1.693 2.310 6.507 14.17
Free Cash Flow 1 -19.43 74.48 -134.2 -374.9 -994 -1,623
FCF margin -2.16% 6.4% -10.25% -20.19% -20.22% -16.52%
FCF Conversion (EBITDA) - 25.05% - - - -
FCF Conversion (Net income) - 61.44% - - - -
Dividend per Share 2 0.1250 0.1250 0.1250 0.1250 0.1250 0.2500
Announcement Date 28/08/18 27/08/19 27/07/20 15/06/21 30/05/22 29/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 356 263 390 699 1,555 3,014
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.737 x 0.8841 x 1.143 x 1.678 x 1.459 x 1.411 x
Free Cash Flow 1 -19.4 74.5 -134 -375 -994 -1,623
ROE (net income / shareholders' equity) 4.93% 10.9% 12% 14.5% 32.2% 46.5%
ROA (Net income/ Total Assets) 5.16% 7.95% 8.77% 8.89% 15.7% 20.2%
Assets 1 990.9 1,525 1,691 2,277 3,627 6,140
Book Value Per Share 2 12.10 13.30 14.90 17.00 23.40 37.50
Cash Flow per Share 2 0 0.0100 0.1100 0.0500 0.9400 2.430
Capex 1 161 13.8 227 563 132 701
Capex / Sales 17.87% 1.19% 17.31% 30.29% 2.69% 7.14%
Announcement Date 28/08/18 27/08/19 27/07/20 15/06/21 30/05/22 29/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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