Mayank Cattle Fo (544106)

Score breakdown: P/E: 2/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Piotroski F-Score of 7/9 points to reasonable financial health and improving fundamentals.
• ROCE of 16.45% indicates decent capital efficiency for a small animal-feed company.
• Profit growth of 24.75% against a P/E of 15.80 gives a PEG of 1.12, a reasonable growth-adjusted multiple.
• Latest quarter is profitable with ₹3 Cr net profit on ₹185 Cr sales.

Concerns

• Sales growth is only 3.44%, so the top line is nearly stagnant.
• Net margin is extremely thin at ~1.6% (₹3 Cr on ₹185 Cr), leaving little cushion.
• No dividend; return depends entirely on share-price appreciation or multi-year earnings compounding.
• Critical balance-sheet data (book value, debt/equity, promoter holding) is missing, so the downside risk cannot be assessed.

AI Analysis

At ₹160, Mayank Cattle Feed carries a market cap of just ₹86 crore. That is small, and I treat small size as a warning rather than a shortcut to bargains. The reported P/E of 15.80 and a PEG of 1.12 look tolerable, especially when profit has grown 24.75%. But the top line grew only 3.44%, and the latest quarter's net margin is razor-thin: ₹3 crore profit on ₹185 crore sales is roughly 1.6%. In animal feed, where products are commoditised and customers care more about price than brand, such thin margins leave no room for management mistakes or raw-material spikes. The Piotroski score of 7/9 is a positive clue; it suggests the company is not burning cash or piling up red flags. ROCE at 16.45% is respectable. Still, Graham would demand to see book value and debt before paying any price. Here those numbers are missing. There is no dividend, so the only way to win is continued earnings growth and a higher future multiple. I cannot get excited about a no-moat, low-margin feed supplier growing sales at less than 4%. Profit growth may be real, but in a commodity business it often reverses. I would need a much larger margin of safety, or proof of sustainable cost advantage, before committing money. For now, this is an adequately priced slow grower, not a wonderful business.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer