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MPS

BSE:532440
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532440
BSE
₹9B
Market Cap
  1. Home
  2. IN
  3. Media
Company description

MPS Limited provides platforms and services for content creation, full-service production, and distribution to the publishers, learning companies, corporate institutions, libraries, and content aggregators in India, Europe, the United States, and internationally. The last earnings update was 90 days ago. More info.


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532440 Share Price and Events
7 Day Returns
1.6%
BSE:532440
1.9%
IN Media
-0.1%
IN Market
1 Year Returns
7.4%
BSE:532440
-23%
IN Media
10.4%
IN Market
532440 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MPS (532440) 1.6% 2.8% -8.6% 7.4% -26.4% -43.4%
IN Media 1.9% 3.3% 5.4% -23% -44.5% -38.5%
IN Market -0.1% 1.8% 3.7% 10.4% 21.7% 23.4%
1 Year Return vs Industry and Market
  • 532440 outperformed the Media industry which returned -23% over the past year.
  • 532440 underperformed the Market in India which returned 10.4% over the past year.
Price Volatility
532440
Industry
5yr Volatility vs Market
Related Companies

532440 Value

 Is MPS undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MPS to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MPS.

BSE:532440 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:532440
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Media Unlevered Beta Simply Wall St/ S&P Global 0.77
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.773 (1 + (1- 35%) (2.3%))
0.855
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (0.855 * 7.85%)
13.19%

Discounted Cash Flow Calculation for BSE:532440 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MPS is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BSE:532440 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 13.19%)
2020 527.50 Analyst x2 466.01
2021 689.50 Analyst x2 538.13
2022 740.00 Analyst x1 510.22
2023 785.29 Est @ 6.12% 478.33
2024 834.20 Est @ 6.23% 448.90
2025 886.78 Est @ 6.3% 421.57
2026 943.15 Est @ 6.36% 396.10
2027 1,003.45 Est @ 6.39% 372.31
2028 1,067.87 Est @ 6.42% 350.02
2029 1,136.61 Est @ 6.44% 329.13
Present value of next 10 years cash flows ₹4,310.00
BSE:532440 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₹1,136.61 × (1 + 6.48%) ÷ (13.19% – 6.48%)
₹18,025.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹18,025.19 ÷ (1 + 13.19%)10
₹5,219.57
BSE:532440 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹4,310.00 + ₹5,219.57
₹9,529.57
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹9,529.57 / 18.62
₹511.88
BSE:532440 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹511.88
Current discount Discount to share price of ₹484.25
= -1 x (₹484.25 - ₹511.88) / ₹511.88
5.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price MPS is available for.
Intrinsic value
5%
Share price is ₹484.25 vs Future cash flow value of ₹511.88
Current Discount Checks
For MPS to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • MPS's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • MPS's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MPS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MPS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532440 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹42.74
BSE:532440 Share Price ** BSE (2020-01-27) in INR ₹484.25
India Media Industry PE Ratio Median Figure of 29 Publicly-Listed Media Companies 12.55x
India Market PE Ratio Median Figure of 2,641 Publicly-Listed Companies 13.94x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MPS.

BSE:532440 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532440 Share Price ÷ EPS (both in INR)

= 484.25 ÷ 42.74

11.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MPS is good value based on earnings compared to the IN Media industry average.
  • MPS is good value based on earnings compared to the India market.
Price based on expected Growth
Does MPS's expected growth come at a high price?
Raw Data
BSE:532440 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
8.4%per year
India Media Industry PEG Ratio Median Figure of 11 Publicly-Listed Media Companies 0.91x
India Market PEG Ratio Median Figure of 410 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

BSE:532440 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.33x ÷ 8.4%

1.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MPS is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on MPS's assets?
Raw Data
BSE:532440 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹242.49
BSE:532440 Share Price * BSE (2020-01-27) in INR ₹484.25
India Media Industry PB Ratio Median Figure of 43 Publicly-Listed Media Companies 1.19x
India Market PB Ratio Median Figure of 3,588 Publicly-Listed Companies 0.9x
BSE:532440 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532440 Share Price ÷ Book Value per Share (both in INR)

= 484.25 ÷ 242.49

2x

* Primary Listing of MPS.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MPS is overvalued based on assets compared to the IN Media industry average.
X
Value checks
We assess MPS's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. MPS has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

532440 Future Performance

 How is MPS expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MPS expected to grow at an attractive rate?
  • MPS's earnings growth is expected to exceed the low risk savings rate of 6.5%.
Growth vs Market Checks
  • MPS's earnings growth is positive but not above the India market average.
  • MPS's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:532440 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:532440 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 8.4%
BSE:532440 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 6.1%
India Media Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
India Media Industry Revenue Growth Rate Market Cap Weighted Average 10.5%
India Market Earnings Growth Rate Market Cap Weighted Average 19.2%
India Market Revenue Growth Rate Market Cap Weighted Average 8.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532440 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532440 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 4,163 904 962 1
2021-03-31 4,041 897 913 3
2020-03-31 3,713 745 824 3
2020-01-28
BSE:532440 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 3,673 750 796
2019-06-30 3,797 761
2019-03-31 3,682 536 760
2018-12-31 3,358 686
2018-09-30 3,042 667
2018-06-30 2,723 650
2018-03-31 2,670 776 702
2017-12-31 2,751 703
2017-09-30 2,872 706
2017-06-30 2,937 740
2017-03-31 2,887 447 704
2016-12-31 2,822 764

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MPS's earnings are expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).
  • MPS's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532440 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from MPS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532440 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 51.70 51.70 51.70 1.00
2021-03-31 49.03 50.80 46.80 3.00
2020-03-31 44.24 45.20 42.40 3.00
2020-01-28
BSE:532440 Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 42.74
2019-06-30 40.89
2019-03-31 40.84
2018-12-31 36.83
2018-09-30 35.81
2018-06-30 34.94
2018-03-31 37.71
2017-12-31 37.75
2017-09-30 37.92
2017-06-30 39.73
2017-03-31 37.83
2016-12-31 41.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • MPS is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess MPS's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MPS has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

532440 Past Performance

  How has MPS performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MPS's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MPS's year on year earnings growth rate has been positive over the past 5 years.
  • MPS's 1-year earnings growth exceeds its 5-year average (19.3% vs 4%)
  • MPS's earnings growth has exceeded the IN Media industry average in the past year (19.3% vs 11.3%).
Earnings and Revenue History
MPS's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MPS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532440 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,673.16 795.65 98.14
2019-06-30 3,797.06 761.35 98.14
2019-03-31 3,682.06 760.35 98.14
2018-12-31 3,358.34 685.89 78.38
2018-09-30 3,041.84 666.69 78.38
2018-06-30 2,722.64 650.39 78.38
2018-03-31 2,670.34 702.09 78.38
2017-12-31 2,750.81 702.69 79.40
2017-09-30 2,872.11 705.99 79.40
2017-06-30 2,937.11 739.59 79.40
2017-03-31 2,887.01 704.19 80.42
2016-12-31 2,822.30 764.07 69.15
2016-09-30 2,711.90 762.27 69.15
2016-06-30 2,587.50 736.20
2016-03-31 2,572.10 712.37 69.15
2015-12-31 2,470.02 615.89 199.78
2015-09-30 2,411.92 617.89 199.78
2015-06-30 2,340.32 583.69 199.78
2015-03-31 2,238.72 614.39 70.72
2014-12-31 2,210.75 618.34 200.10
2014-09-30 2,142.25 604.74 200.10
2014-06-30 2,076.85 541.94 200.10
2014-03-31 1,972.85 421.44 200.10
2013-12-31 1,853.26 364.50 216.48
2013-09-30 1,711.26 324.80 216.48
2013-06-30 1,651.36 326.20 216.48
2013-03-31 1,639.96 318.90 216.48

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • MPS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MPS used its assets more efficiently than the IN Media industry average last year based on Return on Assets.
  • MPS's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess MPS's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MPS has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

532440 Health

 How is MPS's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MPS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MPS is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MPS's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MPS's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • MPS has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MPS Company Filings, last reported 3 months ago.

BSE:532440 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 4,514.80 0.00 2,728.50
2019-06-30 4,711.55 0.00 2,887.29
2019-03-31 4,711.55 0.00 2,887.29
2018-12-31 4,324.50 0.00 2,823.60
2018-09-30 4,324.50 0.00 2,823.60
2018-06-30 4,186.76 5.39 3,109.87
2018-03-31 4,186.76 5.39 3,109.87
2017-12-31 3,858.40 0.00 2,877.80
2017-09-30 3,858.40 0.00 2,877.80
2017-06-30 3,470.68 4.38 2,227.00
2017-03-31 3,479.02 4.38 2,227.54
2016-12-31 3,159.90 0.00 2,015.50
2016-09-30 3,159.90 0.00 2,015.50
2016-06-30 2,794.30 0.00 1,833.10
2016-03-31 2,794.34 9.24 1,833.05
2015-12-31 2,735.20 0.00 1,850.40
2015-09-30 2,735.20 0.00 1,850.40
2015-06-30 2,561.07 15.22 1,754.98
2015-03-31 2,561.06 15.22 1,754.98
2014-12-31 983.10 36.30 310.00
2014-09-30 983.10 36.30 310.00
2014-06-30 917.29 41.67 271.56
2014-03-31 917.29 5.40 291.56
2013-12-31
2013-09-30 784.80 39.60 254.40
2013-06-30 826.47 54.00 268.35
2013-03-31 826.47 54.00 268.35
  • MPS has no debt.
  • MPS has no debt compared to 5 years ago when it was 3.7%.
  • MPS has no debt, it does not need to be covered by operating cash flow.
  • MPS has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess MPS's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MPS has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

532440 Dividends

 What is MPS's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.16%
Current annual income from MPS dividends. Estimated to be 8.88% next year.
If you bought ₹2,000 of MPS shares you are expected to receive ₹103 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • MPS's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.55%).
  • MPS's dividend is above the markets top 25% of dividend payers in India (2.28%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532440 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
India Media Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1392 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532440 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 30.00 1.00
2021-03-31 30.00 2.00
2020-03-31 62.50 2.00
2020-01-28
BSE:532440 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-07-01 25.000 5.092
2018-06-26 12.000 2.387
2018-05-23 12.000 2.079
2018-01-22 0.000 0.000
2017-10-23 0.000 0.000
2017-07-19 0.000 0.000
2017-06-22 0.000 0.000
2017-05-10 0.000 0.000
2017-01-25 0.000 0.000
2016-10-25 0.000 0.000
2016-07-22 22.000 3.319
2016-05-17 22.000 3.143
2016-01-27 22.000 3.273
2015-10-26 14.000 1.838
2015-07-20 17.000 2.111
2015-06-26 22.000 2.575
2015-01-29 29.000 3.265
2014-08-20 24.000 3.501
2014-02-14 17.000 4.746
2013-11-13 10.000 4.869
2013-08-12 10.000 7.781
2013-06-14 10.000 8.644
2013-05-27 10.000 8.463
2013-02-14 10.000 7.986
2012-11-09 10.000 8.766
2012-05-28 4.000 6.972
2012-04-16 4.000 9.636
2011-04-27 0.000 0.000
2011-02-17 0.000 0.000
2010-03-04 1.000 1.849
2010-03-03 1.000 1.519
2009-03-02 0.000 0.000
2009-02-26 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of MPS's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess MPS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MPS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MPS has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

532440 Management

 What is the CEO of MPS's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rahul Arora
COMPENSATION ₹22,800,000
AGE 34
TENURE AS CEO 4.7 years
CEO Bio

Mr. Rahul Arora has been the Chief Executive Officer of MPS Limited since May 25, 2015 and its Managing Director since August 12, 2018. Mr. Arora served as the Chief Marketing Officer at MPS Limited since August 6, 2012 until May 25, 2015 and has been its Whole Time Director since August 12, 2013. Rahul caught the entrepreneurial bug during his undergrad days at Babson College. Upon receiving overwhelming consensus on a case study that he authored on his situation – leading the family business versus jumping into Corporate America, Rahul returned to India to manage the B2B magazine publishing business. As they transformed from print-based magazines to media-based communities, ADI Media went through several evolutions of innovation and expansion. A Bachelors of Science graduate from Babson College (2006), with an MBA from the Indian School of Business (2011), he completed the Wharton Advanced Management Program in 2017.

CEO Compensation
  • Rahul's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Rahul's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the MPS management team in years:

4.7
Average Tenure
59
Average Age
  • The tenure for the MPS management team is about average.
Management Team

Rahul Arora

TITLE
MD, CEO & Whole Time Director
COMPENSATION
₹23M
AGE
34
TENURE
4.7 yrs

Sunit Malhotra

TITLE
CFO & Company Secretary
COMPENSATION
₹6M
TENURE
7.2 yrs

V. Kumar

TITLE
Chief Technical Officer

Shiwani Dayal

TITLE
Compliance Officer
TENURE
0.8 yrs

Yamini Arora

TITLE
Chief Marketing Officer

Rajesh Pankaj

TITLE
Senior Vice President of Learning Solutions

Kenneth Leahy

TITLE
Director of Sales
COMPENSATION
₹5M
AGE
75

Sanjay Singh

TITLE
Chief Publisher-HEP
COMPENSATION
₹3M
AGE
49

Uma Mani

TITLE
Chief Publisher-School & ELT
COMPENSATION
₹2M
AGE
69

Satya Pal

TITLE
Vice President of Service Delivery
Board of Directors Tenure

Average tenure and age of the MPS board of directors in years:

4.4
Average Tenure
58.5
Average Age
  • The tenure for the MPS board of directors is about average.
Board of Directors

Nishith Arora

TITLE
Non-Executive Chairman
AGE
62
TENURE
8 yrs

Rahul Arora

TITLE
MD, CEO & Whole Time Director
COMPENSATION
₹23M
AGE
34
TENURE
6.4 yrs

Vijay Sood

TITLE
Independent Director
COMPENSATION
₹3M
AGE
60
TENURE
8 yrs

Yamini Tandon

TITLE
Non Executive Director
AGE
33
TENURE
4.4 yrs

Ambarish Raghuvanshi

TITLE
Independent Director
COMPENSATION
₹2M
AGE
57
TENURE
1.7 yrs

Anchal Khanna

TITLE
Independent Director
TENURE
0.3 yrs

Jayantika Dave

TITLE
Independent Director
AGE
64
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess MPS's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MPS has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

532440 News

Simply Wall St News

What You Must Know About MPS Limited's (BOM:532440) ROE

and want to better understand how you can grow your money by investing in MPS Limited (BOM:532440). … With an ROE of 16.77%, MPS Limited (BOM:532440) outpaced its own industry which delivered a less exciting 10.25% over the past year. … Return on Equity (ROE) weighs MPS’s profit against the level of its shareholders’ equity.

Simply Wall St -

June Best Tech Dividend Paying Stocks

BSE:532440 Historical Dividend Yield Jun 8th 18 Hinduja Ventures Limited (BSE:500189) 500189 has a solid dividend yield of 2.57% and a reasonably sustainable dividend payout ratio. … BSE:500189 Historical Dividend Yield Jun 8th 18 Sonata Software Limited (BSE:532221) 532221 has a sizeable dividend yield of 3.21% and is paying out 56.63% of profits as dividends , with analysts expecting a 59.25% payout in three years. … BSE:532221 Historical Dividend Yield Jun 8th 18 For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

Simply Wall St -

532440 Company Info

Description

MPS Limited provides platforms and services for content creation, full-service production, and distribution to the publishers, learning companies, corporate institutions, libraries, and content aggregators in India, Europe, the United States, and internationally. The company offers content authoring and development solutions from PreK–12 through higher education and professional development; publishing solutions; interactive systems; digital transformation and accessibility solutions; and marketing and customer support solutions. It also provides platforms, such as Digicore, a cloud-based digital publishing platform; MPSTrak, a cloud-based workflow and content management platform for books, journals, reference works, and media; mag+, which publishes content to mobile app; THINK360, an end-to-end order management and delivery platform; ScholarStor, a content hosting and delivery platform for publishers; SCHOLARLYStats, a cloud-based platform to empower librarians and institutions; and MPSInsight, a cloud-based usage analytics platform that empowers publishers to access and analyze content usage analytics based on COUNTER standards. The company was formerly known as Macmillan India Limited and changed its name to MPS Limited in June 2009. The company was founded in 1892 and is based in Noida, India. MPS Limited is a subsidiary of ADI BPO Services Limited.

Details
Name: MPS Limited
532440
Exchange: BSE
Founded: 1892
₹9,015,246,415
18,616,926
Website: http://www.mpslimited.com
Address: MPS Limited
C-35, Sector 62,
Noida,
Uttar Pradesh, 201307,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532440 Equity Shares Mumbai Stock Exchange IN INR 24. Jan 2002
NSEI MPSLTD Equity Shares National Stock Exchange of India IN INR 24. Jan 2002
Number of employees
Current staff
Staff numbers
2,403
MPS employees.
Industry
Publishing
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 12:48
End of day share price update: 2020/01/27 00:00
Last estimates confirmation: 2020/01/09
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.