MOHAN MEAKIN LIMITED – FY2018 RESULT UPDATE!

Mohan Meakin Limited (MML) incorporated in 1934 is engaged in 3 types of business activities:

1. Manufacture & sale of alcoholic products - all types of beers and prestigious IMF brands and blended Malt Whiskies including Rum, Gin, Vodka,etc.
2. Manufacture and sale of non- alcoholic products - juices and canned products, corn flakes, wheat porridge , malt extract, mineral water, vinegars, and casting, etc.
3. Manufacture of glass bottles.

MML has its plants located at Himachal Pradesh, Uttar Pradesh & Punjab. It export its products to more than 14 countries across the world such as - UAE, USA, Singapore, Qutar, Germany, Estonia, Malyasia, Switzerland, Korea, Japan, etc.

LISTING STATUS: Mohan Meakin Limited (MML) is listed on Calcutta Stock Exchange Ltd (CSE).

FINANCIAL HIGHLIGHT: (All Fig. in Crs.)

PARTICULARS	FY 2018	FY 2017
TOTAL INCOME	660.35	585.47
PAT	15.89*	4.67
EPS	18.26	5.63
EQUITY	4.25	4.25
FACE VALUE	5	5
BOOK VALUE	66.96	48.25

(Note- * Exceptional item reported in year 2018 of Rs.8.15 Crs in respect to – Profit in acquisition of land by NHAI, Profit on sale of land at Lucknow Unit, Compensation received for vacating and handling over the possession of the property at Kolkata and Asansol depots & Settlement with GAIL). If we exclude this exceptional items PAT for FY2018 shall stand at Rs. 7.74 Crs & EPS Rs. 9.10 per share.

SEGMENT REPORTING: (All Fig. in Crs.)

REVENUE	FY 2018	FY 2017
ALCOHOLIC PRODUCTS	629.65	552.86
NON- ALCOHOLIC PRODUCTS	26.12	28.11

QUARTERLY RESULT: (All Fig. in Crs.)

PARTICULARS	Q1 FY2019	Q2 FY2019
TOTAL INCOME	179.30	180.90
PAT	6.52	6.22
EPS	7.66	7.32
EQUITY	4.25	4.25
FACE VALUE	5	5

CONCLUSION & RECOMMENDATION:

MML with its 84 years of wide industrial experience, a strong brand image in the market and consistent financial performance, we would recommend “BUY- Mohan Meakin Ltd (MML)”.

For buying and selling any unquoted / unlisted / delisted or suspended shares in physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on mittalmanish2003@gmail.com