📈 MFFL: BUY Signal (8/10) – Financial Results for the Quarter ended September 30, 2025

📌 Key Takeaways

• 🚀 Revenue increased to Rs. 702.16 million, up from Rs. 649.67 million year-over-year.
• 💰 Net Profit soared to Rs. 183.72 million, a significant increase from Rs. 15.31 million in the same quarter last year.
• 📈 Earnings per Share (EPS) jumped to Rs. 8.03, compared to Rs. 0.67 in the prior year.
• ⚠️ Operating Profit decreased to Rs. 29.50 million, down from Rs. 42.66 million year-over-year.
• 💸 Other Income was a major contributor, amounting to Rs. 228.00 million, compared to Rs. 5.68 million last year.
• 📉 Operating Expenses increased to Rs. 148.88 million, up from Rs. 139.48 million in the prior year.
• 🍎 Gross Profit decreased to Rs. 178.37 million, down from Rs. 182.14 million year-over-year.
• 🧾 Cost of Sales increased to Rs. 523.78 million, up from Rs. 467.53 million in the same quarter last year.
• 🏦 Finance Cost decreased to Rs. 17.06 million, compared to Rs. 23.17 million in the previous year.
• 🚫 No Cash Dividend, Bonus Issue, or Rights Share were declared.
• ✅ Total Assets decreased slightly to Rs. 1,973.32 million, down from Rs. 1,998.33 million as of June 30, 2025.
• 📊 Total Equity increased to Rs. 764.55 million, up from Rs. 580.82 million as of June 30, 2025.
• liabilities decreased to Rs. 1,208.77 million, down from Rs. 1,417.51 million as of June 30, 2025.

🎯 Investment Thesis

I recommend a BUY rating for Mitchell’s Fruit Farms Limited. The company’s significant increase in net profit and EPS indicates strong potential for growth. While the contribution from ‘other income’ needs to be carefully monitored for sustainability, the overall financial performance shows promise. The price target should be set based on a detailed valuation analysis, considering both the company’s growth prospects and risk factors, with a medium-term investment horizon.