Mohindra Fasteners has come up with its annual report 2021 and same is available with UnlistedZone. Let us see how it has performed in the last one year.
About Mohindra fasteners
Mohindra Fasteners was formed in the year 1995 and began the commercial production in beginning of 1997. Over the years, it has successfully emerged as a name to reckon with in the Indian Fastener industry. The company offers a wide range of cold and hot forged fasteners and precision machined components for automotive and industrial applications.
FY20-21 Analysis
1. Total revenue from the operations of MFL for the year ended March 31, 2021 was at Rs. 108 Crores as against Rs. 104 Crores in the previous year.
2. Despite a sharp fall in revenues in the first quarter, Mohindra Fasteners has earned a higher net profit of Rs. 10.38 Crores for the year 2021 as compared to corresponding figure in the previous year was Rs. 9.36 Crores for the year 2020.
3. Mohindra fasteners export sales for the year ended March 31, 2021 was at Rs. 74 Cores as against Rs. 64 Crores in the previous year 2020. However, the domestic sales remains at par in FY20-21 as compared to last year.
4. Mohindra Fasteners has clocked an EBITDA of ~17 Crores against ~16 Crores last year.
5. The Earnings per share(EPS) for the year ended March 31, 2021 was higher at Rs. 19.38 compared to Rs. 17.49 in the previous year.
Financial Performance last 5 years
Year
Revenue
EBITDA
OPM
PAT
NPM
Equity
EPS
2016
94
10
11.10%
4.5
4.80%
5.3568
8.4
2017
100
12
11.80%
5.03
5.00%
5.3568
9
2018
115
13
11.90%
5.5
4.80%
5.3568
10
2019
135
17
12.70%
9.55
7.00%
5.3568
17
2020
104
16
15.6%
9.36
9.0%
5.3568
17
2021
108
17
15.7%
10.38
9.6%
5.3568
19
Dividend History of Mohindra fasteners
Year
Dividend per share
2016-17
2.2
2017-18
2.5
2018-19
3
2019-20
3.50
2020-21
5
Valuation of Mohindra Fasteners
The current unlisted market price of Mohindra Fasteners is Rs.225 per share.
Total Outstanding Shares = 6 Crores
Mcap = 1350 Crores
EPS (FY21) = 19
P/E = 11.84x
Mohindra Fasteners has come up with its annual report 2021 and same is available with UnlistedZone. Let us see how it has performed in the last one year.
About Mohindra fasteners
Mohindra Fasteners was formed in the year 1995 and began the commercial production in beginning of 1997. Over the years, it has successfully emerged as a name to reckon with in the Indian Fastener industry. The company offers a wide range of cold and hot forged fasteners and precision machined components for automotive and industrial applications.
FY20-21 Analysis
1. Total revenue from the operations of MFL for the year ended March 31, 2021 was at Rs. 108 Crores as against Rs. 104 Crores in the previous year.
2. Despite a sharp fall in revenues in the first quarter, Mohindra Fasteners has earned a higher net profit of Rs. 10.38 Crores for the year 2021 as compared to corresponding figure in the previous year was Rs. 9.36 Crores for the year 2020.
3. Mohindra fasteners export sales for the year ended March 31, 2021 was at Rs. 74 Cores as against Rs. 64 Crores in the previous year 2020. However, the domestic sales remains at par in FY20-21 as compared to last year.
4. Mohindra Fasteners has clocked an EBITDA of ~17 Crores against ~16 Crores last year.
5. The Earnings per share(EPS) for the year ended March 31, 2021 was higher at Rs. 19.38 compared to Rs. 17.49 in the previous year.
Financial Performance last 5 years
| Year |
Revenue |
EBITDA |
OPM |
PAT |
NPM |
Equity |
EPS |
>
| 2016 |
94 |
10 |
11.10% |
4.5 |
4.80% |
5.3568 |
8.4 |
| 2017 |
100 |
12 |
11.80% |
5.03 |
5.00% |
5.3568 |
9 |
| 2018 |
115 |
13 |
11.90% |
5.5 |
4.80% |
5.3568 |
10 |
| 2019 |
135 |
17 |
12.70% |
9.55 |
7.00% |
5.3568 |
17 |
| 2020 |
104 |
16 |
15.6% |
9.36 |
9.0% |
5.3568 |
17 |
| 2021 |
108 |
17 |
15.7% |
10.38 |
9.6% |
5.3568 |
19 |
| 2020-21 |
5 |
"height: 24px;">Year
Dividend per share |
| 2016-17 |
2.2 |
| 2017-18 |
2.5 |
| 2018-19 |
3 |
| 2019-20 |
3.50 |
| 2020-21 |
5 |
Valuation of Mohindra Fasteners
The current unlisted market price of Mohindra Fasteners is Rs.225 per share.
Total Outstanding Shares = 6 Crores
Mcap = 1350 Crores
EPS (FY21) = 19
P/E = 11.84x
Disclaimer: This article is for informational purposes only and is not investment advice, nor an offer to buy or sell any security. Unlisted share prices are indicative. Please do your own research or consult a SEBI-registered advisor before investing.
