Mysore paints and varnish limited (MPVL) Unlisted Shares | Latest Share Price & Updates
Company Overview
Mysore paints and varnish limited (MPVL)Â is a a public limited company with 92% holding by Government of Karnataka. Mysore paints is engaged in business of manufacturing ad supply of industrial coating , indelible ink used in voting, paints and primers and decorative coatings.
| Symbol: | Mysore Paints and Varnish Ltd. |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE0EL701015 |
| Demat Status: | NSDL |
| Lot Size: | 15 Shares |
Customer Base:Â BSNL, BHEL, Indian Railways, PWD, Hutti Gold Mines, KPCL, Automotive Axles, J.K.Tyres and industries ltd, etc.
Board of Directors:
| Name | Designation | Profile |
|---|---|---|
| N.V. Phaneesh | Hon’ble Chairman |  |
| Dr. Chandrashekhar Doddamani | Managing Director | |
| Siddiq Pasha | Director | |
| H A Shobha | Director | |
| V .Bharath Kumar | Director | |
Key Highlights
- CAGR Growth (2016 to 2019) – Operating Income 22% , EBITDA 16% & PAT 19%.
- Consistent Dividend paying company – 25% (2016 to 2019).
- Government Holding Company
- MPVL Indelible Ink has proved over 4.5 billion voters both in India and across the world
- Sole Manufacturer and supplier of quality Indelible Ink in association with the Election Commission of India, National Physical Laboratory, Government of India, New Delhi, and National Research Development Corporation, Government of India, New Delhi.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 20% | 16% |
| Net Profit Margin | 14% | 11% |
| Return on Equity | 7% | 7% |
| Debt-Equity | 0.00 | 0.11 |
| Current Ratio | 6.81 | 7.14 |
| Dividend Payout | 6% | 5% |
Note:-Â Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 34.40 | 43.27 | 25.20 | 65.48 | 26.12 |
| PAT (₹ Crores) | 4.79 | 4.82 | 3.37 | 13.38 | 3.97 |
| Basic & Diluted EPS | 46.23 | 46.49 | 32.55 | 129.08 | 38.33 |
| Book Value per Share (₹) | 688.93 | 645.20 | 601.72 | 572.19 | 446.12 |
| Equity (₹ Crores) | 71.41 | 66.88 | 62.37 | 59.31 | 46.24 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Mysore Paints & Varnish Ltd | 103 | 14% | 10% | 7% | 0.00 | 21.52 | 1.44 | 688.93 |
| Indigo Paints Ltd | 6049 | 9% | 17% | 13% | 0.01 | 90.88 | 11.70 | 136.61 |
| Asian Paints Ltd | 292478 | 10% | 28% | 22% | 0.06 | 97.50 | 21.40 | 148.03 |
Media Updates
Annual Reports
Mysore Paints & Varnish Annual Report 2021-22
Mysore Paints & Varnish Annual Report 2020-21
Mysore Paints & Varnish Annual Report 2019-20
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy the Mysore Paints & Varnish unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.Â
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved. Â
The Mysore Paints & Varnish shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Mysore Paints & Varnish Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in Â
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.Â
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.Â
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.Â
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.Â
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.Â
Yes, NRI’s can also buy and sell Mysore Paints & Varnish unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
