Mangalore Chemicals & Fertilizers Ltd.
Snapshot View

81.50 -2.40 ▼-2.9%

29 July 2021, 04:00:00 P.M.
Volume: 61,431

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Fertilizers Compare with Industry peers
Website http://www.mangalorechemicals.com
Financial Indicators
Market Cap 963.53 Cr.
Earnings per share (EPS) 5.66 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 14.36 Trailing Twelve Months Ending 2021-03
Industry PE 14.90 Trailing Twelve Months Ending 2021-03
Book Value / Share 51.24 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.59 Calculated using Price: 81.30
Dividend Yield 1.23 Period Ending 2020-03
No. of Shares Subscribed 11.85 Cr. 118,515,150 Shares
FaceValue 10
Company Profile

Mangalore Chemicals & Fertilizers (MCF) incorporated in 1966; is the only manufacturer of chemical fertiliser in state of Karnataka. This Karnataka based company is Rs 1625 crore enterprise that manufactures products such as urea, di-ammonium phosphate, muriate of potash, granulated fertilizers, micronutrients, soil conditioners and specialty fertilizers.

The company’s factory is strategically located at Panambur, 9 km north of Mangalore City, on the banks of the Gurpur River, in front of the New Mangalore Port. The plant is well connected, both by rail and road. The West Coast National Highway (NH-l7) from Kochi to Mumbai separates MCF from the New Mangalore Port.

Company’s wholly owned subsidiary MCF International (MCFIL) is engaged in consultancy and plant management services.

UB Group (Parent Company)

MCFL is part of the UB Group with Group shareholding of 30%. Dr. Vijay Mallya is Chairman of the Board of Directors.

UB Group business interests are in area of brewing, distilling, aviation, fertilizers, life sciences, engineering, research and development and information technology.

Manufacturing Facilities

MCFL’s ammonia/Urea plants was designed and developed by Humphreys & Glasgow Limited of London. Its phosphatic plant is designed and engineered by Toyo Engineering Corporation of Japan. PDIL constructed Ammonium Bi-Carbonate plant whereas Furnace Fabrica constructed Sulphuric Acid SAP.

MCFL’s manufacturing facilities  has received ISO 14001:2000, ISO 14001:2004, OHSAS 18001:1999 and OHSAS 18001:2007 certification for its quality management

The Company has capacity to manufacture 2,17,800 MT Ammonia (intermediate product), 3,80,000 MT Urea, 2,60,000 MT Phosphatic Fertilizers (DAP & NP 20:20:00:13), 13,860 MT Ammonium Bi-Carbonate (ABC) and 33,000 MT Sulphuric Acid (SAP) annually.

Awards

  • FAI Award for 'Improvement in overall performance of a Company’ for three consecutive years 1996-97, 1997-98 and 1998-99
  • Letter of recognition in 1997 from Directorate General of Factory advisory Services and Labour Institutes (DGFASLI) for maintaining good safety and occupational health standards
  • The company received the ‘Honest Tax paying businessmen’ award from Commercial Taxes Department, Mangalore Division, a unique initiative taken by Government of Karnataka to honour the prompt Tax payers. Mr. P. C. Jain, Senior Vice President (Works), MCF, Mangalore, received the award in a felicitation function held at Mangalore on March 18, 2005
  • The company has been awarded the prestigious certificates on 1. Environment Management System conforming to ISO 14001:2000 in 2003 which was updated to latest version ISO 14001:2004 in 2005 and 2. Occupational Health & Safety Management System conforming to OHSAS 18001:1999 standard in 2005 which was updated to latest version OHSAS 18001:2007 in 2008.
  • The certificates were awarded by DET NORSKE VERITAS (DNV), the Netherlands, a global certifying agency
  • FAI Environmental Protection Award in NP/NPK Fertilizer Plants for the year 2009-2010.
  • 2010 - SECOND BEST SAFE INDUSTRY IN LARGE SECTOR FOR THE YEAR 2010 award conferred by the Karnataka State Safety Institute (R) (Department of Factories & Boilers) and the National Safety Council, Karnataka Chapter, Bangalore.
    FAI Environmental Protection Award in NP/NPK Fertilizer Plants for the year and 2010-2011.
    FAI runner up award for best technical innovation in Fertilizer Industry for the year 2010-11.
    FAI joint runner up award for Production Performance in Nitrogenous Fertilizer Plant for the year 2010-11.

Milestones

  • 1976- The company started its ammonia and urea production.
  • 1982- Company installed 60 tons per hour auxiliary boiler. In the same year it also set up Ammonium Bi-carbonate plant.
  • 1984- MCFL set up a purge gas recovery unit.
  • 1985- Company set up a captive power plant.
  • 1986- MCFL established di-ammonium phosphate plant.
  • 1993- Company developed a 2.5 Million Gallons reservoir.
  • 1999- Company started selling granulated fertilizers.
  • 2002- Company installed Pipe Reactor. In the same year, MCFL started marketing of micro nutrient - Zinc Sulphate
  • 2003- Company implemented SAP R/3, integrated software system and OPERATION MITE. Company received ISO 14001 Certification.
  • 2005- Company received OHSAS certification.
  • 2006- MCFL has installed a 100 TPD Sulphuric Acid plant.
  • 2008- MCFL has installed an imported fertilizers handling unit.
  • 2011- The company received an approval from High Court of Karnataka, Bangalore to merge MCF International, the wholly-owned subsidiary of the company with the company.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.86%
1 Week
-3.26%
1 Month
-3.26%
3 Month
+4.09%
6 Month
+43.36%
1 Year
+136.92%
2 Year
+171.67%
5 Year
+63.49%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 16.25 13.97 13.68 6.82 -52.80 5.49 14.41 6.76 12.41
Return on Capital Employed (%) 15.20 8.91 10.35 7.75 -7.84 8.89 9.35 7.95 8.54
Return on Assets (%) 4.31 2.91 2.88 1.48 -9.82 0.83 2.55 1.21 2.26

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 535 583 636 660 405 424 477 495 546
Non Curr. Liab. 301 247 357 318 168 148 230 310 249
Curr. Liab. 1,459 1,456 1,641 1,459 1,881 1,665 1,801 2,113 2,008
Minority Int.
Equity & Liab. 2,296 2,286 2,633 2,438 2,453 2,237 2,508 2,918 2,803
Non Curr. Assets 672 715 879 880 666 648 653 676 711
Curr. Assets 1,624 1,571 1,733 1,541 1,787 1,589 1,855 2,243 2,092
Misc. Exp. not W/O 21 17
Total Assets 2,296 2,286 2,633 2,438 2,453 2,237 2,508 2,918 2,803

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 3,707 2,780 3,310 2,577 2,969 2,479 2,689 3,074 2,711
Other Income 13 10 5 11 6 31 44 12 23
Total Income 3,720 2,790 3,315 2,588 2,975 2,510 2,733 3,086 2,734
Total Expenditure -3,511 -2,605 -3,090 -2,415 -2,860 -2,328 -2,536 -2,886 -2,507
PBIDT 209 185 225 173 116 182 196 200 227
Interest -77 -87 -102 -126 -115 -116 -84 -111 -111
Depreciation -29 -29 -29 -29 -32 -35 -37 -39 -45
Taxation -33 -3 -23 19 8 -11 -14 -17 -6
Exceptional Items -217
PAT 69 67 71 38 -240 19 61 33 65

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -816 324 -22 613 -136 337 33 -262 629
Cash Fr. Inv. -134 -225 -154 -56 -53 -13 -40 -59 -65
Cash Fr. Finan. 1,046 -197 173 -550 180 -270 60 250 -393
Net Change 95 -99 -3 8 -10 55 54 -71 171
Cash & Cash Eqvt 113 14 6 14 4 59 113 42 213

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 60.07 56.61 56.61 56.88 58.32 59.67 60.02 60.02 60.02
Public 39.93 43.39 43.39 43.12 41.68 40.33 39.98 39.98 39.98
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 76.06 73.63 89.44 94.99 92.63 90.54 89.19 79.91 0.00

Announcements View Details

Tue, 27 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 furnishing the details of loss of certificates reported by the shareholders as per the annexure.

We also enclose copy of the communication(s) received from the shareholders for your reference.
Fri, 23 Jul 2021
Board Meeting Intimation for Board Meeting To Consider Inter Alia The Unaudited Financial Results For The Quarter Ended June 30 2021.<BR> <BR>
MANGALORE CHEMICALS & FERTILIZERS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/08/2021 inter alia to consider and approve In terms of Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 we wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Monday August 02 2021 to consider inter alia the unaudited financial results for the quarter ended June 30 2021.

In terms of the Companys Code of Conduct to regulate monitor and report trading by an Insider the Trading Window will remain closed till August 04 2021.

This intimation is also being uploaded on the Companys website at www.mangalorechemicals.com
Tue, 13 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 furnishing the details of loss of certificates reported by the shareholders as per the annexure.

We also enclose copy of the communication(s) received from the shareholders for your reference.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index

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