Mirza international share price

• The company has shown a good profit growth of 31.309112900024% for the Past 3 years. • The company has significantly decreased its debt by 61.81 Cr. • Company’s PEG ratio is 0.0392703017425053. • The company has an efficient Cash Conversion Cycle of 55.1091714093073 days. • Company has a healthy liquidity position with current ratio of 2.00989127346918. • The company has a good cash flow management; CFO/PAT stands at 2.26014760147601. • The company has a high promoter holding of 71.76%. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 156.74 481.55 479.79 592.3 150.3 Total Expenditure 141.64 406.97 416.95 495.35 143.88 Operating Profit 15.11 74.58 62.84 96.95 6.43 Other Income 0.09 2.06 3.04 1.26 4.52 Interest 2.7 5.31 6.29 6.44 1.9 Depreciation 7.1 17.48 16.3 16.61 6 Exceptional Items 0 0 0 0 0 Profit Before Tax 5.39 53.85 43.29 75.15 3.05 Tax 0.41 13.85 11.37 19.22 0.76 Profit After Tax 4.99 40 31.92 55.93 2.3 Adjusted EPS (Rs) 0.41 3.32 2.65 4.65 0.17 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 972.09 1151.7 1260.18 1046.82 1671.55 Total Expenditure 798.09 1008.65 1088.51 930.33 1440.88 Operating Profit 174 143.05 171.67 116.49 230.67 Other Income 0.41 2.69 1.67 1.24 5.71 Interest 24.96 34.31 45.57 41 26.98 Depreciation 31.61 35.46 63.38 66.27 59.98 Exceptional Items 0 0 0 0 0 Profit Before Tax 117.84 75.97 64.39 10.46 149.42 Tax 39.4...

Cons • Though the company is reporting repeated profits, it is not paying out dividend • The company has delivered a poor sales growth of -7.65% over past five years. • Company has a low return on equity of 7.47% over last 3 years. • Debtor days have increased from 42.3 to 65.4 days. • Company's cost of borrowing seems high * The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis. Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Sales + 249.39 83.11 271.79 381.25 312.78 251.77 392.74 589.57 165.13 483.82 481.65 129.87 153.31 Expenses + 215.13 84.08 239.60 334.39 272.62 215.98 344.33 509.69 149.70 407.79 417.54 115.80 146.81 Operating Profit 34.26 -0.97 32.19 46.86 40.16 35.79 48.41 79.88 15.43 76.03 64.11 14.07 6.50 OPM % 13.74% -1.17% 11.84% 12.29% 12.84% 14.22% 12.33% 13.55% 9.34% 15.71% 13.31% 10.83% 4.24% Other Income + 0.82 0.14 0.51 0.23 0.33 0.88 10.85 5.40 0.09 2.08 3.08 0.16 4.61 Interest 10.41 10.29 11.26 12.05 7.42 6.49 7.34 6.48 3.10 5.32 6.29 1.90 1.92 Depreciation 17.49 12.49 15.65 18.32 20.08 14.58 18.14 17.32 7.02 17.54 16.36 7.27 6.12 Profit before tax 7.18 -23.61 5.79 16.72 12.99 15.60 33.78 61.48 5.40 55.25 44.54 5.06 3.07 Tax % 0.00% 1.65% -8.98% 3.89% 31.56% 25.90% 20.87% 28.55% -47.96% 25.77% 26.49% -30.24% 25.08% Net Profit + 7.18 -23.23 6.32 16.07 8.89 11.55 26.72 43.92 7.98 41.01 ...

Mirza International Ltd.: Share Price, Stock Analysis, Annual Report | Value Research Mirza International Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/43316/mirza-international-ltd/ Get Mirza International Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Mirza International Limited manufactures and exports leather footwear, apparels, and accessories in India and internationally. It operates through three segments: Tannery Division, Shoe Division, and Garments/Accessories Division. The company offers men's and women's footwear; and formal, semi-formal, and casual footwear. It also provides men's casual and semi-formal wear, including shirts, T-shirts, trousers, denims, sweaters, and jackets, as well as belts, socks, handkerchiefs, and wallets; and women's clothing. The company sells its products under the REDTAPE, REDTAPE Athleisure, Bond Street, Oaktrak, YEZDI, and MODE brands through multi-brand outlets, exclusive brand outlets, and e-commerce platforms, as well as online stores. It operates through a network of 348 retail stores. The company was formerly known as Mirza Tanners Limited. Mirza International Limited was incorporated in 1979 and is headquartered in Kanpur, India.

Mirza International Limited is an India-based company. The Company manufactures, markets and exports finished leather, footwear and trades footwear and apparel and allied products. The Company operates through three segments: Tannery Division, Shoe Division and Garments/ Accessories Division. Its Tannery Division is engaged in manufacturing finished leather from Raw Hides, Wet Blue and Crust. The Company's Shoe Division is engaged in manufacturing finished leather shoes. The Company's Garments/ Accessories Division is engaged in trading of garments/accessories. The Company's brands include REDTAPE, REDTAPE Athleisure, Bond Street, Mode, Oaktrak and Yezdi. The Company has exclusive brand outlets (EBOs) and e-commerce platforms. The Company has approximately 348 retail stores across the country. The Company's subsidiaries include Mirza (HK) Limited, Mirza Bangla Limited, Sen En Mirza Industrial Supply Chain LLP, and Redtape Limited.

Sector Retailing Compare with Sector peers Industry Footwear Compare with Industry peers Website http://www.mirza.co.in Market Cap 1,434.26 Cr. Enterprise Value(EV) 1,516.11 Cr. 2022-09 Financial Indicators • Consolidated • Standalone Earnings per share (EPS) 0.96 Trailing Twelve Months Ending 2023-03 Price-Earning Ratio (PE) 54.29 Trailing Twelve Months Ending 2023-03 Industry PE 79.69 Trailing Twelve Months Ending 2023-03 Book Value / Share 33.62 Trailing Twelve Months Ending 2023-03 Price to Book Value 1.55 Calculated using Price: 51.95 Dividend Yield 0.00 Period Ending 2022-03 No. of Shares Subscribed 27.64 Cr. 276,403,800 Shares FaceValue 2 About Mirza International Ltd. Mirza International Limited was incorporated on September 5, 1979 with a small tannery for manufacturing finished leather at Magarwara near Kanpur. The company, established by Irshad Mirza and Rashid Mirza, was then called ‘Mirza Tanners Private Limited'. 9 years 2005-03 2006-03 2007-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 Return on Equity (%) 28.43 10.67 14.48 22.63 14.61 8.25 7.70 1.32 16.17 Return on Capital Employed (%) 29.47 12.66 18.14 29.43 18.87 12.10 11.68 6.25 22.36 Return on Assets (%) 12.64 4.56 6.11 13.38 8.88 4.61 4.02 0.69 8.72 Particulars 7 years 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2022-09* Rs. Cr. Shh. Funds 502 572 612 628 638 760 838 Non Curr. Liab. 48 52 64 210 226 275 274 Curr. Liab. 215 377 439 423 305 388 4...