Bonus Shares: There’s an opportunity for investors to bet on companies that offer bonus shares.
MK Proteins Limited(NSE: MKPL) informed Exchanges on March 4th that they would announce the official date for the bonus shares.
The record date is before 20th March 2024. We’ll tell you that our company plans to issue 2 bonus shares in exchange for 1 share to eligible investors.
Company Will Offer Two Bonus Shares Instead Of One Share
The company informed the exchange on March 4th, 2024 to inform them that two shares with a face value of 1 rupee will be issued as a bonus.
The official record of this bonus offer is scheduled for March 15, 2024. This means that whoever owns the record. Today, the companies’ shares are rewarded with bonus shares.
The company will be giving bonuses for the first time. Before that, the distribution of shares by the company occurred in 2023.
In 2023, one share of the company, with a face value of 10 rupees was divided into 10 equal parts.
How Does The Performance Of The Company?
MK Proteins is not performing well in the market for stocks. The price of MK Proteins’ shares has decreased by more than 35% over the past one year.
This situation got worse over the past 6 months.
During this time, the shares have dropped by over 45 percent. Let us inform you that on Monday, the cost of the shares of the company was 41.49 per share on BSE.
In the market for stocks, the company’s 52-week maximum level is at one hundred rupees per share. The 52-week low level is the price of 35.07 per share.
About M K Proteins Ltd Company
M.K. Proteins Ltd is an India-based firm that produces refined vegetable oils.
The company refines sunflower, rice bran soya bean, cotton seed palm, canola, and rice bran oil at its manufacturing plant located in Ambala, Haryana.
The company is a trading and manufacturing company with its own refinery and production plant for edible oil.
It makes rice bran oil and sunflower oils and others with high protein content, and controlled fiber that is free of the residue of oil, ash, silica, and sand.
The manufacturing process involves refining crude oil to get refined canola oil, rice bran oil sunflower oil, soya bean oil, and bleached rice bran oil.
Additionally, it imports crude oils, refines them, and sells the final product. Also, it trades edible & non-edible oil. It can refine approximately 250 tonnes per day.
Fundamental Analysis of M K Proteins Ltd
| Market Cap | ₹ 545 Cr. |
| Current Price | ₹ 43.6 |
| 52-wk High | ₹ 100 |
| 52-wk Low | ₹35.0 |
| Stock P/E | – |
| Book Value | ₹ 4.25 |
| Dividend | 0.00 % |
| ROCE | 19.1 % |
| ROE | 23.7 % |
| Face Value | ₹ 1.00 |
| P/B Value | 10.2 |
| OPM | – |
| EPS | – |
| Debt | ₹ 7.30 Cr. |
| Debt to Equity | 0.14 |
M K Proteins Ltd Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 74.82% |
| Mar 2023 | 74.82% |
| June 2023 | 74.82% |
| Sept 2023 | 74.82% |
| Dec 2023 | 74.82% |
| Public Holding | |
| Sept 2022 | 25.18% |
| Mar 2023 | 25.18% |
| June 2023 | 25.17% |
| Sept 2023 | 25.17% |
| Dec 2023 | 25.18% |
M K Proteins Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹157 Cr |
| 2020 | ₹194 Cr |
| 2021 | ₹311 Cr |
| 2022 | ₹256 Cr |
| 2023 | ₹256 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹2 Cr |
| 2020 | ₹2 Cr |
| 2021 | ₹10 Cr |
| 2022 | ₹10 Cr |
| 2023 | ₹11 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.51 |
| 2020 | 1.61 |
| 2021 | 0.84 |
| 2022 | 0.93 |
| 2023 | 0.89 |
Last 10 Years’ Profit Growth:
| 10 Years: | 35% |
| 5 Years: | 49% |
| 3 Years: | 81% |
| Current Year: | 5% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 25% |
| 5 Years: | 25% |
| 3 Years: | 30% |
| Last Year: | 24% |
Sales Growth Over 10 Years:
| 10 Years: | 14% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| Current Year: | 23% |
Conclusion
This article is a complete guide about M K Proteins Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
