Mohan Meakin Annual Results FY22 Out!
06 Jun, 2022
06 Jun, 2022
Mohan Meakin, the manufacturer of popular brands like Old Monk has come up with annual results of FY22 yesterday on the MSEI exchange.
Let us see the key takeaways from the Annual results.
46
0
- The revenue has increased from 1100 Crores in FY21 to 1370 Crores in FY22. Excellent growth of 25%.
- EBITDA Margin in FY22 stands at 5.70% and in FY21 it was 5.53%.
- PAT has increased from 40 Crores in FY21 to 51 Crores in FY22. A growth of 27%.
- Total EPS in FY22 is Rs.60 per share.
- The Unlisted Share Price of Mohan Meakin is Rs. 1300 per share. So, P/E is 21.66x. Looks reasonable priced as compared to its peers.
- Mohan Meakin is a debt-free company.
- Current Ratio is 2.09x. Anything Above 1.5x is considered as good. So, Mohan Meakin will not face any issues in short term.
- In Fy22 Mohan Meakin has generated Cash from the operation of 47 Crores. In FY22, they purchased a PPE of 10 Crores. So, the net free cash flow is 37 Crores.
- ROE = 24%. Anything above 20% is considered good. In Fy22, Mohan Meakin has sold land in Lucknow for 3 crores. This 3 Crore is booked as an exceptional item in P&L.
- As of 31.03.2022, they have cash of Rs.32 Crores on their balance sheet.
