Mohan Meakin is a renowned name in the brewery industry in India and worldwide. Established in 1934, the company's current market capitalisation stands at Rs. 121.88 Cr. Over the last three decades, the rate of alcohol consumption has increased in India, which is supporting the company's growth tremendously.
As per Statistics, the Indian Alcohol market is expected to record a CAGR of 7.4%, with USD $42 billion, by the end of 2026. In FY 22-23, the company's net revenue was Rs. 1,771.21 Cr against Rs. 1,370.42 Cr in FY 21-22. This significant growth in the company's revenue shows a positive sign for its shareholders and investors who want to buy Mohan Meakin unlisted shares.
In this blog, we will talk about the financial results of Mohan Meakin unlisted shares for FY 2023 so that you can better understand and make a wise decision about its unlisted shares. Without much ado, let's start.
Analysing Mohan Meakin Unlisted Shares For FY 2023
Not only has Mohan Meakin made a significant presence in the brewery industry in India but also in the unlisted share space. Below, we will shed light on Mohan Meakin unlisted share financial performance 2023 by analysing its profit and loss summary, balance sheet, and cash flow statements.
Balance Sheet Statement
The balance sheet of Mohan Meakin will help you know about the total assets, equity, and liabilities of the company to know its financial position in the market. In FY 2023, the company's share capital was Rs. 425.42 Cr., total equity and liabilities was Rs. 432.24 Cr., and the total asset was Rs. 434.26 Cr. This data of the company is higher than the corresponding year FY2022.
Profit And Loss Statement
The profit and loss statement of Mohan Meakin will highlight the revenue the company earned and its expenses. Compared to the previous year, the company performed well in FY23 and earned Rs. 1,771.21 Cr net revenue against Rs. 1,370.42 Cr in FY22. The operating profit (EBITDA) was Rs. 89.25 Cr. compared to its corresponding year FY22, which was about Rs. 67.63 Cr. The Profit Before Tax was recorded at Rs. 91.79 Cr against Rs. 70.53 Cr in FY22. The P&L statement clearly depicts that the company earned high revenue compared to the previous year.
Cash Flow Statement
CFS reveals the company's cash receipts and payments during the period. The cash flow from the operating activities of the company was recorded at Rs. 4,198 Cr, the cash flow from investing activities was Rs. -5,169 Cr, while the cash flow from financial activities was Rs. -49 Cr.
This is quite true that Mohan Meakin financials were positive for FY2023 against its corresponding year, 2022. As per the Statistics, the Indian Alcohol beverage market is predicted to grow tremendously in the coming year, with an expected CAGR of 7.4% during the forecast period 2017-2030. This clearly shows that Mohan Meakin will grow financially and may expand its product portfolio as well.
Performance Of Mohan Meakin Unlisted Shares In Past Three Years
The grey market is unpredictable, and based on the company's market trends and financial performance, the prices of unlisted shares fluctuate. This can be seen with Mohan Meakin unlisted share price as well. In January 2021, Mohan Meakin pre-IPO shares were trading at Rs. 1,025, which went to Rs. 1,175 in October of the same year. Again, in February 2022, the prices surged to Rs. 1,270 and fluctuated throughout the year. Finally, in June 2023, Mohan Meakin unlisted shares decreased to Rs. 1,200 and are currently trading at Rs. 1,690, with a much flabbergasting value. You can buy Mohan Meakin unlisted shares to earn high revenue and diversify your investment portfolio.
Invest In Mohan Meakin Unlisted Shares With Stockify
Mohan Meakin has been performing well since its inception and has become a favourite brewery brand among people in India and worldwide. Also, the company might soon go public by releasing its IPO comprising a fresh share issue and a new offer share issue. However, the date is not yet finalised, but it is a golden opportunity to make an early investment in Mohan Meakin unlisted shares with Stockify. We help you buy unlisted shares of top pre-IPO companies in India to diversify your investment portfolio and earn high ROI.
Our expert brokers will give you every single piece of information about the company, including EBITDA, EPS Growth, profit and loss statements, key indicators, etc., to make your trading seamless. Let's Connect and start your trading journey with us.
FAQs
What is the current Mohan Meakin unlisted share price?
Ans. Currently, Mohan Meakin Ltd pre-IPO shares are available at Rs. 1,690. The prices fluctuate based on the company's performance and market trends.
How much sales did Mohan Meakin make in FY 22-23?
Ans. The recorded sale of Mohan Meakin for FY 22-23 was Rs. 1,77,121 lac against Rs. 1,37,042 lac in FY 21-22.
What was the operating profit of Mohan Meakin in the year 2023?
Ans. The operating profit of Mohan Meakin was Rs. 9,078 lac for the year 2023.
Where do I check Mohan Meakin pre-IPO share prices?
Ans. You can check Mohan Meakin unlisted share prices at Stockify. We update the unlisted share prices daily based on market trends and the company's performance.
How will stock experts at Stockify help with online trading?
Ans. Stockify has a team of experienced expert brokers who can help you buy and sell unlisted shares. We give information about the company, including EBITDA, EPS Growth, profit and loss statement, etc.
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