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Morarjee Textiles share price

Morarjee Textiles Ltd.

NSE: MORARJEE BSE: 532621 SECTOR: Textile - Weaving  15k   16   0

19.65
-1.00 (-4.84%)
NSE: 22 Apr 4:00 PM

Price Summary

Today's High

₹ 19.65

Today's Low

₹ 19.65

52 Week High

₹ 32.8

52 Week Low

₹ 17

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

71.39 Cr.

Enterprise Value

582.35 Cr.

No. of Shares

3.63 Cr.

P/E

0

P/B

0

Face Value

₹ 7

Div. Yield

0 %

Book Value (TTM)

₹  -102.95

CASH

4.18 Cr.

DEBT

515.13 Cr.

Promoter Holding

59.71 %

EPS (TTM)

₹  -44.98

Sales Growth

-24.04%

ROE

0 %

ROCE

-31.63%

Profit Growth

-110.43 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-24.04%
3 Year-18.49%
5 Year-10.54%

Profit Growth

1 Year-110.43%
3 Year-272.21%
5 Year-440.54%

ROE%

1 Year0%
3 Year-78.97%
5 Year-59.98%

ROCE %

1 Year-31.63%
3 Year-13.02%
5 Year-6.38%

Debt/Equity

-1.8507

Price to Cash Flow

9.52

Interest Cover Ratio

-1.32883126215446

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 59.71 0
Dec 2023 59.71 0
Sep 2023 59.71 0
Jun 2023 59.71 0
Mar 2023 59.71 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -132.691561516423 days.
  • The company has a high promoter holding of 59.71%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.46887384621827.

 Limitations

  • The company has shown a poor profit growth of -272.209899423357% for the Past 3 years.
  • The company has shown a poor revenue growth of -18.4928296375875% for the Past 3 years.
  • Company has a poor ROE of -78.9656416239487% over the past 3 years.
  • Company has a poor ROCE of -13.0158982783175% over the past 3 years
  • The company has a low EBITDA margin of 0.258818897099366% over the past 5 years.
  • The company has negative book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 59.12 51.25 10.54 0 9.07
Total Expenditure 70.17 64.51 20.58 -5.81 14.79
Operating Profit -11.05 -13.26 -10.04 5.81 -5.72
Other Income 0.38 0.27 8.63 0.24 0.25
Interest 22.28 16.61 20.7 22.23 19.87
Depreciation 5.67 5.36 5.44 5.33 5.33
Exceptional Items 0 -32.74 -9.33 -6.45 0
Profit Before Tax -38.62 -67.7 -36.88 -27.96 -30.67
Tax 0 0.05 0 0.18 0
Profit After Tax -38.62 -67.75 -36.88 -28.14 -30.67
Adjusted EPS (Rs) -10.63 -18.65 -10.15 -7.75 -8.44

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 348.61 382.04 193.89 272.33 206.87
Total Expenditure 307.5 339.88 191.21 266.28 258.87
Operating Profit 41.11 42.16 2.68 6.06 -52
Other Income 1.65 2.12 1.16 1.18 1.3
Interest 53.94 57.2 54.55 72.46 79.6
Depreciation 23.21 23.72 23.28 22.88 22.33
Exceptional Items 0 -0.24 0 0 -32.74
Profit Before Tax -34.39 -36.88 -73.99 -88.12 -185.38
Tax -9.91 -10.79 -12.36 0 0.05
Net Profit -24.48 -26.09 -61.63 -88.12 -185.42
Adjusted EPS (Rs.) -6.74 -7.18 -16.96 -24.25 -51.04

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 25.43 25.43 25.43 25.43 25.43
Total Reserves 57.6 31.54 -30.37 -118.61 -303.77
Borrowings 329 232.27 228.8 155.79 59.99
Other N/C liabilities 16.78 6.27 -6.82 -8.72 -9.83
Current liabilities 286.3 371.36 409.3 542.82 701.59
Total Liabilities 715.12 666.87 626.34 596.71 473.41
Assets
Net Block 477.08 454.87 432.35 409.76 387.52
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 4.95 0.65 0.65 0.65 0.45
Loans & Advances 2.66 2.71 1.48 1.76 2.04
Other N/C Assets 0 0 0 0.08 0
Current Assets 230.43 208.63 191.86 184.46 83.4
Total Assets 715.12 666.87 626.34 596.71 473.41
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -34.39 -36.88 -73.99 -88.12 -185.38
Adjustment 76.85 80.08 78.17 95.62 136.27
Changes in Assets & Liabilities 28.83 131.88 -102.28 10.51 56.96
Tax Paid -1.17 -0.04 -0.09 -0.17 -0.36
Operating Cash Flow 70.13 175.04 -98.19 17.85 7.5
Investing Cash Flow -1.32 5.97 -0.37 -0.1 -0.15
Financing Cash Flow -65.1 -186.69 103.18 -5.9 -21.69
Net Cash Flow 3.71 -5.69 4.62 11.85 -14.35

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 59.71 59.71 59.71 59.71 59.71
ashok piramal group texti... 59.42 59.42 59.42 59.42 59.42
harshvardhan a. piramal - - 0.05 0.05 0.05
kalpana singhania 0.01 0.01 0.01 0.01 0.01
nandan a. piramal - - 0.05 0.05 0.05
rajeev a. piramal - - 0.05 0.05 0.05
urvi a. piramal 0.14 - 0.14 0.14 0.14
harshvardhan ashok pirama... 0.05 0.05 - - -
nandan ashok piramal 0.05 0.05 - - -
rajeev ashok piramal 0.05 0.05 - - -
urvi piramal a - 0.14 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 40.29 40.29 40.29 40.29 40.29
investor education and pr... - 0.44 - 0.48 0.48
life insurance corporatio... 3.75 3.75 3.75 3.75 3.75
llp - - - 0.01 0.02
minal bharat patel 4.72 4.80 4.34 3.68 -
investor education and pr... 0.44 - 0.44 - -
morarjee goculdas spinnin... - 4.16 4.16 - -
sunita mahesh gupta 1.17 1.17 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Morarjee Textiles informs about compliances-certificate15 Apr 2024, 5:17PM Morarjee Textiles informs about CoC meet 11 Mar 2024, 12:40PM Morarjee Textiles - Quaterly Results14 Feb 2024, 8:46PM Morarjee Textiles - Quaterly Results14 Feb 2024, 8:46PM Morarjee Textiles informs about issuance of duplicate share certificates20 Dec 2023, 4:37PM Morarjee Textiles - Quaterly Results20 Oct 2023, 4:48PM Morarjee Textiles - Quaterly Results20 Oct 2023, 4:48PM Morarjee Textiles informs about resignation of chairperson 12 Oct 2023, 3:07PM Morarjee Textiles informs about issuance of duplicate share certificates5 Oct 2023, 5:08PM Morarjee Textiles informs about press release16 Jun 2023, 2:29PM Morarjee Textiles - Quaterly Results29 May 2023, 6:51PM Morarjee Textiles - Quaterly Results29 May 2023, 6:51PM Morarjee Textiles - Quaterly Results8 Feb 2023, 6:26PM Morarjee Textiles - Quaterly Results8 Feb 2023, 6:26PM Morarjee Textiles - Quaterly Results4 Nov 2022, 6:00PM Morarjee Textiles - Quaterly Results4 Nov 2022, 6:00PM Morarjee Textiles - Quaterly Results4 Nov 2022, 6:00PM Morarjee Textiles informs about compliance certificate7 Oct 2022, 5:02PM Morarjee Textiles fixes book closure for AGM1 Aug 2022, 2:30PM Morarjee Textiles informs about newspaper publication23 May 2022, 5:10PM Morarjee Textiles - Quaterly Results19 May 2022, 6:56PM Morarjee Textiles - Quaterly Results19 May 2022, 6:56PM Morarjee Textiles informs about disclosure4 May 2022, 1:39PM Morarjee Textiles - Quaterly Results10 Feb 2022, 5:40PM Morarjee Textiles - Quaterly Results10 Feb 2022, 5:40PM Morarjee Textiles informs about loss of share certificates20 Jan 2022, 2:47PM Morarjee Textiles informs about issuance of duplicate share certificate19 Aug 2021, 3:20PM Morarjee Textiles informs about scrutinizer's report31 Jul 2021, 1:22PM Morarjee Textiles informs about newspaper publication22 May 2021, 9:50AM

Morarjee Textiles Stock Price Analysis and Quick Research Report. Is Morarjee Textiles an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Morarjee Textiles has a PE ratio of -0.436815183829169 which is low and comparatively undervalued .

  • Share Price: - The current share price of Morarjee Textiles is Rs 19.65. One can use valuation calculators of ticker to know if Morarjee Textiles share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Morarjee Textiles has ROA of -34.654517974141 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Morarjee Textiles has a Current ratio of 0.118870376092799 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Morarjee Textiles has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Morarjee Textiles has a D/E ratio of -1.8507 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Morarjee Textiles has an Inventory turnover ratio of 4.18087765995073 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Morarjee Textiles has reported revenue growth of -24.0386822109345 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Morarjee Textiles for the current financial year is -25.1379993609418 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Morarjee Textiles is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Morarjee Textiles
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