Mohan Meakin Limited (Mohan Meakin) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Mohan Meakin Limited

Mohan Meakin Limited Standalone Balance Sheet (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Non-Current Assets
Property, Plant And Equipment	100.30	91.19
Capital Work-In-Progress	9.96	12.11
Investment Property	0.11	0.12
Financial Assets - Investments	9.54	9.70
Financial Assets - Other Financial Assets	13.42	12.68
Non-Current Tax Assets (Net)	4.07	3.56
Other Non-Current Assets	6.54	10.26
Current Assets
Inventories	161.29	150.50
Trade Receivables	82.27	112.14
Investments	123.78	-
Cash And Cash Equivalents	19.91	23.66
Bank Balance Other Than Above	244.64	195.52
Loans	0.23	0.13
Other Financial Assets	9.27	8.30
Other Current Assets	28.56	21.98
Total Assets	813.95	651.90
Equity
Equity Share Capital	4.25	4.25
Other Equity	621.88	465.92
Non-Current Liabilities
Other Financial Liabilities	11.68	11.93
Provisions	1.90	3.04
Deferred Tax Liabilities (Net)	0.16	0.18
Current Liabilities
Borrowings	4.29	4.29
Trade Payable:
Total Outstanding Dues Of Micro And Small Enterprises	2.48	1.48
Total Outstanding Dues Of Creditors Other Than Micro And Small Enterprises	114.25	102.76
Other Financial Liabilities	26.47	28.12
Other Current Liabilities	23.93	27.34
Provisions	2.61	2.55
Total Equity & Liabilities	813.95	651.90

Mohan Meakin Limited Standalone Profit & Loss Statement (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Revenue from operations	2,302.38	2,151.34
Other Income	31.22	15.20
Total Income	2,333.60	2,166.54
Expenses
Cost of materials consumed	260.05	216.89
Excise duty	146.05	545.47
Purchases of stock-in-trade	1,493.13	1,069.55
Changes in inventories	-8.93	-6.76
Employee benefits expense	61.32	52.61
Finance costs	0.78	0.73
Depreciation expense	10.52	9.88
Other expenses	163.13	139.96
Total Expenses	2,126.07	2,028.35
Profit before exceptional items and tax	207.52	138.19
Exceptional Items	1.71	-
Profit before tax	209.24	138.19
Current tax	52.92	35.18
Deferred tax	-0.43	0.37
Profit for the period	156.75	102.63
Other Comprehensive Income
Items that will not be reclassified to profit or loss	0.88	2.48
Income tax relating to items that will not be reclassified to profit or loss	-0.40	-0.40
Total Comprehensive Income	157.23	104.70
Earnings per share
Basic & Diluted	184.23	120.62

Mohan Meakin Limited Standalone Cash Flow Statement (Rs in Crores)

Particulars	31-03-2026	31-03-2025
Cash Flows From Operating Activities
Profit Before Tax	209.24	138.19
Adjustments For:
Depreciation Expense	10.52	9.88
Loss On Discard/Write Off Of PPE	-	0.21
(Gain) On Sale Of Property, Plant And Equipment	-2.16	-
Interest Expense	0.69	0.67
Dividend Income	-0.01	-0.01
Provision For Employee Benefits And Contingencies	0.35	0.70
Interest Income	-20.42	-10.68
Rent From Investment Properties	-0.30	-0.31
Excess Provision/Unclaimed Balances Written Back	-0.51	-0.59
Trade Receivables Written Off	0.10	0.06
Provision For Doubtful Debts	0.47	-
Inventory Written Off	0.54	0.21
Unrealised Foreign Exchange (Gain)/Loss	-0.05	0.17
Operating Profit Before Working Capital Changes	198.46	138.50
Inventories	-11.32	-18.28
Trade Receivables	29.34	1.78
Current & Non-Current Loans And Other Financial Assets	-0.23	-0.40
Other Current And Non-Current Assets	-3.91	-3.62
Current And Non-Current Other Financial Liabilities	-0.70	1.03
Other Current And Non-Current Liabilities	-3.40	2.61
Trade Payables	12.99	9.82
Cash Generated From Operations	221.22	131.44
Income Taxes Paid	-53.42	-34.90
Net Cash From Operating Activities	167.79	96.54
Cash Flows From Investing Activities
Purchase Of Property, Plant And Equipment	-18.28	-17.13
Proceeds From Sale Of PPE	1.80	0.02
Investments	-123.78	-
Movement In Bank Deposits	-49.70	-76.90
Dividend Received	0.01	0.01
Interest Received	19.44	4.19
Rent Received From Investment Properties	0.30	0.31
Net Cash Used In Investing Activities	-170.21	-89.50
Cash Flows From Financing Activities
Dividend Paid	-1.27	-0.79
Interest Paid	-0.05	-0.02
Net Cash Used In Financing Activities	-1.32	-0.82
Net Increase/(Decrease) In Cash And Cash Equivalents	-3.75	6.21
Cash & Cash Equivalents At Beginning Of Year	23.66	17.45
Cash & Cash Equivalents At End Of The Year	19.91	23.66

Summary of cash flow statement:

Cash Flows from Operating Activities

The company’s operating cash flow improved significantly in FY 2025-26, with net cash from operations rising to ₹167.79 crore from ₹96.54 crore in the previous year, driven by higher profitability and efficient working capital management. PBT increased to ₹209.24 crore, while better receivables collection and higher trade payables supported cash generation. Despite increased inventory levels, the company maintained strong liquidity and healthy internal cash generation after paying taxes of ₹53.42 crore.

Cash Flows from Investing Activities

The company reported a higher cash outflow from investing activities of ₹170.21 crore in FY 2025-26 compared to ₹89.50 crore in the previous year, mainly due to increased investments and higher bank deposits. Capital expenditure on property, plant, and equipment stood at ₹18.28 crore, reflecting continued infrastructure expansion and modernization. Higher interest income during the year indicates stronger treasury and investment management. Overall, the company utilized its strong operating cash flows for long-term investments and efficient treasury deployment.

Cash Flows from Financing Activities

Cash flow from financing activities remained relatively small and stable. The company reported a net cash outflow of ₹1.32 crore compared to ₹0.82 crore in the previous year. The primary financing outflow was dividend payment of ₹1.27 crore, slightly higher than last year, indicating continued shareholder reward despite large investment deployment. Interest paid was negligible at ₹0.05 crore, highlighting the company’s very low dependence on borrowings. The absence of significant borrowing or repayment activity suggests that the company is largely self-funded and financially conservative, relying mainly on internal accruals rather than external debt financing.

Net Movement in Cash Position

Despite strong operating cash generation, the company’s cash and cash equivalents declined by ₹3.75 crore during the year because of heavy investment activity.

Cash and cash equivalents decreased from ₹23.66 crore at the beginning of the year to ₹19.91 crore at year-end. However, this reduction does not indicate liquidity stress because the decline was primarily due to deployment of surplus funds into investments and bank deposits rather than operational weakness.

The company continues to maintain a comfortable cash position along with strong operating cash flows and minimal debt obligations.