Mitshi India Ltd.
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11.96 -0.37 ▼-3.0%

24 May 2022, 04:01:00 PM
Volume: 2,402

Overview View Details

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Website http://www.mitshi.in
Market Cap 10.53 Cr.
Enterprise Value(EV) 11.42 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -0.57 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 119.83 Trailing Twelve Months Ending 2021-12
Book Value / Share 2.88 Trailing Twelve Months Ending 2021-12
Price to Book Value 4.16 Calculated using Price: 11.97
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 0.88 Cr. 8,800,000 Shares
FaceValue 10
Company Profile

Mitshi India, Formerly known as Dera Paints & Chemicals Ltd, is incorporated in 1990 and having its office at Andheri west - Mumbai, India. The Company is a public limited company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India. Its Equity share are listed on The Bombay Stock Exchange in India.

Business area of the company

The Company is principally engaged in trading in segment of fruits & vegetable products.

Milestones

  • 1976: Set up a paints and hardware shop namely “Deep Jyote Paints And Chemical Corporation”.
  • 1978: Started a tiny unit for paint manufacturing at Vasai (East), Maharashtra, India; while utilizing a land of 500 sq. ft.
  • 1985: Production expanded from tiny to small scale units and manufacturing area was increased from 500 sq. ft. to 6000 sq. ft.
  • 1990: Established a closely held new limited company namely “DERA” which was merged with 'Deep Jyote' for the further expansion and backward integration in paints and to procure a plot of land sized 10 acres at Chiplun, Lote, Parshuram, Maharashtra, India.
  • 1992: The company, under the name of “DERA” successfully brought in a public issue and listed it’s equity shares on the ‘Bombay Stock Exchange’ - BSE Ltd.
  • 1993: “DERA” was manufacturing specialized automobiles paints for O.E and re-finish coatings supplying and distributing to a network of 400 dealers.
  • 1995: The company was supplying its various products to its esteemed customers like “Mahindra & Mahindra LTD”, “Gujarat Narmada LTD”, “International Tractors LTD”, “Premiere automobile Ltd”, “Castrol LTD”, and many more.
  • 1996: Commencement of commercial production at the 2nd plant in Chiplun.
  • 1998: After the successfully journey producing phenomenal growth in the past 24 years, due to a stroke of unforeseen circumstances the company took a huge hit. Being a high explosive paint plant at the mother factory Vasai, caught a fire due to an accident and gutted the entire factory. The fire also had huge impact on the working conditions of the Chiplun plant.
  • 2007: The promoter “Kumar V. Shah” with his diligent work wanted to repay all the debts in order to maintain his reputation.
  • 2012: After coming out from numerous challenges, the promoter “Kumar V. Shah” managed to repay almost all the debts of the company and had settled all major liabilities. After which, he started working on revised plans for the future of the company since times had changed and restarting a paints manufacturing factory was not feasible.
  • 2014: In the vision of reviving the company, the following success were achieved by the company: The company was relisted in ‘Bombay Stock Exchange’ - BSE Ltd., in June 2014. The company was renamed to “MITSHI INDIA LIMITED”.
  • 2015: The company successfully brought in a preferential equity of Rs 184 lacs to meet the part / balance creditor’s payments and to fund the above expenses of the initial revised plan.
  • 2016: Commence for trading: 16/12/2015. “Taaza Kitchen” DIVISION started while approved in Board meeting in 2016. Business module planned in various phase including loose sales of F&V business started.
  • 2017: Bulk B2B Vegetable Sales, and Mitshi Softwares started as a Division Ff Mitshi India Ltd (2016-17). The company successfully brought in a preferential equity of Rs.180 lacs with Rs 5 per share premium under SEBI approvals to meet the Project funding of the Taaza kitchen to go head towards the Hig Profit and valuation of the Divisons.
  • 2018: In April 2018, the company has commercially launched Taaza Kitchen Brand for Online sales of Fruits and Vegetables to supply to Super market and House Hold customers. The online solution of E-Commerce platform developed by in-house software disvision “Mitshi Softwares”.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.00%
1 Week
-13.96%
1 Month
-10.88%
3 Month
-10.28%
6 Month
-17.23%
1 Year
-11.28%
2 Year
-64.88%
5 Year
-27.52%
10 Year

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 110.66 38.06 11.61
Return on Capital Employed (%) 393.07 81.61 36.43 10.90
Return on Assets (%) -3.25 -6.25 -22.51 -17.06 -97.11 37.93 34.94 16.38 5.48

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -3 -3 -3 -2 -2 0 1 2 2 3
Non Curr. Liab. 4 4 4 1 2 2 1 1 1 1
Curr. Liab. 0 0 0 0 0 0 1 1 1 1
Minority Int.
Equity & Liab. 2 1 1 0 0 2 3 4 4 5
Non Curr. Assets 1 1 1 0 0 0 2 2 1 1
Curr. Assets 1 0 0 0 0 2 2 2 4 4
Misc. Exp. not W/O
Total Assets 2 1 1 0 0 2 3 4 4 5

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 0 0 0 0 0 3 5 8 7 6
Other Income 0 0 0 0
Total Income 0 0 0 0 0 3 5 8 7 6
Total Expenditure 0 0 0 0 0 -3 -4 -7 -6 -7
PBIDT 0 0 0 0 0 0 1 1 0 -1
Interest
Depreciation 0 0 0 0 0 0 0 0 0 0
Taxation 0 0 0 0
Exceptional Items
PAT 0 0 0 0 0 0 1 1 0 -1
Adjusted EPS 0 0 0 0 0 0 1 1 0 -1

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 0 0 0 -1 0 -1 0 0 0 -2
Cash Fr. Inv. 0 0 0 0 -1 0 1
Cash Fr. Finan. 0 0 0 1 0 1 1 0 0 0
Net Change 0 0 0 0 0 0 1 -1 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 1 0 0 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 15.57 15.57 15.57 15.57 15.57 15.57 15.57 15.57 15.57
Public 84.43 84.43 84.43 84.43 84.43 84.43 84.43 84.43 84.43
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 23 May 2022
Board Meeting Intimation for To Consider And Approve Audited Financial Results For The Year Ended 31/03/2022
Mitshi India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/05/2022 inter alia to consider and approve To Consider and Approve Audited Financial Results for the year ended 31/03/2022
Thu, 14 Apr 2022
Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015 For The Half Year Ended 31/03/2022
Compliance Certificate pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 for the Half year ended 31/03/2022
Thu, 14 Apr 2022
Statement Of Investor Complaints For The Quarter Ended March 2022
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- KUMAR V SHAH
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

Tue, 24 May 2022
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months

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