What does Mysore Petro do?

Mysore Petro Chemicals Ltd is a micro-cap company that manufactures and trades petrochemical products like Phthalic Anhydride and Maleic Anhydride. As of March 2025, it reported net sales of 7 Cr and a net profit of 2 Cr, with a market cap of Rs 84 Cr.

Overview: <BR>Mysore Petro Chemicals Ltd is a micro-cap company in the miscellaneous industry that manufactures and trades petrochemical products, including Phthalic Anhydride and Maleic Anhydride.<BR><BR>History: <BR>Mysore Petro Chemicals Ltd was incorporated in 1976 and was promoted by H P Dhanuka. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 7 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 84 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 12.00 <BR>Industry P/E: 13 <BR>Dividend Yield: 2.00% <BR>Debt-Equity: -0.08 <BR>Return on Equity: 3.04% <BR>Price to Book: 0.37 <BR><BR>Contact Details: <BR>Address: D/4 Jyothi Complex, 134/1 Infantry Rd Kumara Park Bangalore Karnataka : 560001 <BR>Tel: 91-080-22868372 <BR>Email: mpcl@mysorepetro.com <BR>Website: http://www.mysorepetro.com

Who are in the management team of Mysore Petro?

As of March 2022, the management team of Mysore Petro includes M M Dhanuka (Chairman & Managing Director), Nikunj Dhunaka, S N Maheshwari (Directors), and independent directors Anil Kochar, Shrikant Somani, and Uma Acharya, along with Labdhi Shah as Company Secretary & Compliance Officer.

As of March 2022, the management team of Mysore Petro includes the following individuals:<BR><BR>1. M M Dhanuka - Chairman & Managing Director<BR>2. Nikunj Dhunaka - Director<BR>3. S N Maheshwari - Director<BR>4. Anil Kochar - Independent Director<BR>5. Shrikant Somani - Independent Director<BR>6. Uma Acharya - Independent Director<BR>7. Labdhi Shah - Company Secretary & Compliance Officer<BR><BR>These members play key roles in the governance and management of the company.

Has Mysore Petro declared dividend?

Mysore Petro Chemicals Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 12, 2024. While recent total returns have varied, the company shows strong long-term growth, particularly a total return of 237.3% over the past five years.

Mysore Petro Chemicals Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 2%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -23.17%, with a dividend return of 0%, resulting in a total return of -23.17%.<BR><BR>Over the past year, the price return was -22.94%, the dividend return was 1.51%, leading to a total return of -21.43%.<BR><BR>In the 2-year period, the price return was 9.57%, the dividend return was 4.07%, culminating in a total return of 13.64%.<BR><BR>For the 3-year period, the price return was 18.25%, with a dividend return of 7.64%, resulting in a total return of 25.89%.<BR><BR>In the last 4 years, the price return was -8.66%, while the dividend return was 8.92%, leading to a total return of 0.26%.<BR><BR>Over the past 5 years, the price return was 212.27%, with a dividend return of 25.03%, resulting in a total return of 237.3%.<BR><BR>Overall, Mysore Petro has declared a significant dividend, and while the total returns have varied over different periods, the long-term returns, especially over 5 years, show a strong positive trend, indicating potential growth for investors.

Who are the peers of the Mysore Petro?

Mysore Petro's peers include Coal India, Doms Industries, Sandur Manganese, and others, with varying management and growth risks. Its 1-year return is -24.12%, lower than peers like Doms Industries, which has the highest return at 32.62%.

Peers: The peers of Mysore Petro are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Supreme Facility, Graphisads, Durlax Top, and Service Care Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Sandur Manganese, while Good management risk is found at Doms Industries and Supreme Facility. Average management risk is present at Navneet Educat., Flair Writing, Mysore Petro, Durlax Top, and the rest. Below Average management risk is noted at Graphisads. Excellent growth is seen at Coal India, Doms Industries, Sandur Manganese, and Durlax Top, while Average growth is found at Navneet Educat., Supreme Facility, and the rest. Below Average growth is observed at Flair Writing, Mysore Petro, and Graphisads. Capital Structure is Excellent for Coal India, Doms Industries, Sandur Manganese, and the rest, while Below Average is noted for Mysore Petro, Supreme Facility, Flair Writing, and Graphisads.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Doms Industries at 32.62%, while the lowest is Coal India at -23.38%. Mysore Petro's 1-year return is -24.12%, which is lower than both. Additionally, the six-month return is negative for Coal India, Sandur Manganese, Doms Industries, Flair Writing, and Mysore Petro.

Is Mysore Petro overvalued or undervalued?

As of April 25, 2023, Mysore Petro is rated as risky and overvalued, with a PE ratio of 12.38 and poor stock performance, significantly lagging behind the Sensex.

As of 25 April 2023, the valuation grade for Mysore Petro has moved from does not qualify to risky, indicating a significant downgrade in its investment attractiveness. The company appears to be overvalued based on its current metrics, with a PE ratio of 12.38, a Price to Book Value of 0.38, and an EV to EBITDA of -4.64. These figures suggest that the company's valuation does not align well with its financial performance.<BR><BR>In comparison to its peers, Mysore Petro's valuation stands out unfavorably. For instance, Solar Industries is considered very expensive with a PE ratio of 123.77, while Godrej Industries is rated attractive with a PE of 46.63. Additionally, the company's recent stock performance has lagged behind the Sensex, particularly in the year-to-date and one-year periods, where it has returned -15.26% and -21.68%, respectively, compared to the Sensex's gains. Overall, Mysore Petro is assessed as overvalued in the current market context.

What is the technical trend for Mysore Petro?

As of June 6, 2025, Mysore Petro's trend has shifted to mildly bearish, with daily moving averages and Bollinger Bands indicating bearish signals, while mixed indicators suggest moderate bearish strength and market indecision.

As of 6 June 2025, the technical trend for Mysore Petro has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. While the weekly MACD and KST are mildly bullish, the overall monthly indicators remain bearish, suggesting a lack of strong upward momentum. The RSI shows no significant signals, indicating indecision in the market. Overall, the strength of the bearish trend is moderate, influenced by mixed signals across different indicators.

Who are the top shareholders of the Mysore Petro?

The top shareholders of Mysore Petro include Savita Investment Company Ltd with 17.55%, a foreign institutional investor and Gymkhana Partners L.P. each holding 3.03%, and individual investors collectively owning 17.54%. There are no pledged promoter holdings reported.

The top shareholders of Mysore Petro include several key players. The majority shareholders are the promoters, with Savita Investment Company Ltd holding the highest stake at 17.55%. Additionally, there is one foreign institutional investor (FII) that holds 3.03% of the shares. The highest public shareholder is Gymkhana Partners L.P., also holding 3.03%. Individual investors collectively own 17.54% of the company. Notably, there are no pledged promoter holdings reported.

How big is Mysore Petro?

As of 24th July, Mysore Petro Chemicals Ltd has a market capitalization of 82.00 Cr, with recent net sales of 43.60 Cr and a net profit of 1.87 Cr. The company has shareholder's funds of 220.69 Cr and total assets of 272.94 Cr as of March 2025.

As of 24th July, Mysore Petro Chemicals Ltd has a market capitalization of 82.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Mysore Petro reported Net Sales of 43.60 Cr and a Net Profit of 1.87 Cr.<BR><BR>For the latest annual period ending March 2025, the company has Shareholder's Funds of 220.69 Cr and Total Assets amounting to 272.94 Cr.

When is the next results date for Mysore Petro?

The next results date for Mysore Petro is 13 August 2025.

The next results date for Mysore Petro is scheduled for 13 August 2025.

Are Mysore Petro latest results good or bad?

Mysore Petro's latest financial results are disappointing, with a 33.4% decline in net sales and a significant drop in profits, leading analysts to give it a 'Strong Sell' rating. However, the company maintains a high dividend payout ratio of 43.29%, reflecting its commitment to shareholders despite current challenges.

Mysore Petro Chemicals has reported disappointing financial results for the quarter ending June 2025. The company experienced a significant decline in net sales, which totaled Rs 7.26 crore, marking a sharp drop of 33.4% compared to the average net sales of Rs 10.90 crore from the previous four quarters. This decline suggests a troubling trend in sales performance.<BR><BR>Moreover, the profit before tax (PBT) plummeted to Rs -2.50 crore, reflecting a drastic decline of 405.1% from the average PBT of Rs -0.50 crore in prior quarters. Similarly, the profit after tax (PAT) also fell to Rs -0.40 crore, down 123.8% from the average PAT of Rs 1.68 crore over the last four quarters.<BR><BR>On a more positive note, Mysore Petro has maintained a high dividend payout ratio of 43.29%, which has consistently increased over the past five years, indicating a commitment to returning profits to shareholders despite the current financial challenges.<BR><BR>Overall, the latest results indicate a concerning performance for Mysore Petro, leading to a 'Strong Sell' rating from analysts.

How has been the historical performance of Mysore Petro?

Mysore Petro has experienced fluctuating financial performance, with net sales increasing from 18.41 Cr in Mar'23 to 33.48 Cr in Mar'25, but facing negative operating profits and declining profits after tax, resulting in ongoing operational challenges despite positive cash flow from investing activities.

Answer:<BR>The historical performance of Mysore Petro shows significant fluctuations in various financial metrics over the years.<BR><BR>Breakdown:<BR>Mysore Petro's net sales have shown an upward trend, increasing from 18.41 Cr in Mar'23 to 33.48 Cr in Mar'25, despite a dip in Mar'22. The total operating income followed a similar trajectory, peaking at 33.48 Cr in Mar'25. However, the company has faced challenges with total expenditure, which rose from 25.55 Cr in Mar'23 to 39.07 Cr in Mar'25, leading to negative operating profits in recent years, with an operating profit of -5.59 Cr in Mar'25. The profit before tax also declined to 4.08 Cr in Mar'25 from 7.17 Cr in Mar'24, while profit after tax turned negative at -0.24 Cr in Mar'25, following a profit of 4.69 Cr in the previous year. The company's earnings per share (EPS) decreased from 11.34 in Mar'24 to 4.61 in Mar'25. On the balance sheet, total assets decreased from 304.15 Cr in Mar'24 to 272.94 Cr in Mar'25, with total liabilities also declining from 304.15 Cr to 272.94 Cr in the same period. Cash flow from operating activities remained negative, indicating ongoing operational challenges, while cash flow from investing activities showed a positive trend, reaching 23 Cr in Mar'24. Overall, Mysore Petro's financial performance reflects a mix of growth in sales and income but persistent issues with profitability and cash flow management.

Should I buy, sell or hold Mysore Petro?

Why is Mysore Petro falling/rising?

As of 04-Dec, Mysore Petro Chemicals Ltd's stock price is Rs 103.00, down 4.05%, significantly underperforming the Sensex. The stock has declined 32.24% year-to-date and 38.49% over the past year, indicating a bearish trend with reduced investor interest.

As of 04-Dec, Mysore Petro Chemicals Ltd's stock price is falling, currently at Rs 103.00, which reflects a decrease of Rs 4.35 or 4.05%. The stock has underperformed compared to the benchmark Sensex, which has shown a slight decline of only 0.53% over the past week. Over the last month, Mysore Petro's stock has decreased by 7.95%, while the Sensex has increased by 2.16%. <BR><BR>Year-to-date, the stock has experienced a significant decline of 32.24%, contrasting sharply with the Sensex's gain of 9.12%. Over the past year, the stock has fallen by 38.49%, while the Sensex has risen by 5.32%. Additionally, the stock has been trading below its moving averages across various time frames, indicating a bearish trend. <BR><BR>Today's performance shows that the stock is close to its 52-week low, just 1.65% above the low of Rs 101.3. It has also seen a notable drop in investor participation, with delivery volume falling by 84.02% compared to the 5-day average. This lack of interest from investors, combined with the stock's recent trend reversal after two days of gains, contributes to the ongoing decline in its price.

Which are the latest news on Mysore Petro?