Ticker > Company >

Magna ElectroCasting share price

Magna Electro Castings Ltd.

BSE: 517449 SECTOR: Castings/Forgings  14k   29   1

1129.00
+2.30 (0.20%)
BSE: Today, 03:45 PM

Price Summary

Today's High

₹ 1188

Today's Low

₹ 1100.05

52 Week High

₹ 1299

52 Week Low

₹ 388

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

477.8 Cr.

Enterprise Value

455.24 Cr.

No. of Shares

0.42 Cr.

P/E

22.7

P/B

3.99

Face Value

₹ 10

Div. Yield

0.44 %

Book Value (TTM)

₹  282.84

CASH

22.57 Cr.

DEBT

0 Cr.

Promoter Holding

53.38 %

EPS (TTM)

₹  49.74

Sales Growth

-12.72%

ROE

14.91 %

ROCE

20.33%

Profit Growth

-11.76 %

* 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

Please login to Add & View your own added ratios.

Login

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-12.72%
3 Year13.68%
5 Year3.17%

Profit Growth

1 Year-11.76%
3 Year42.89%
5 Year5.8%

ROE%

1 Year14.91%
3 Year15.02%
5 Year12.3%

ROCE %

1 Year20.33%
3 Year20.19%
5 Year16.46%

Debt/Equity

0

Price to Cash Flow

61.91

Interest Cover Ratio

102.8777

CFO/PAT (5 Yr. Avg.)

0.860615486139116

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 53.38 0.00
Jun 2024 53.38 0.00
Mar 2024 53.38 0.00
Dec 2023 53.38 0.00
Sep 2023 53.38 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 42.8925876595748% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 20.186862014559% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 102.8777.
  • The company has an efficient Cash Conversion Cycle of 39.1596 days.
  • Company has a healthy liquidity position with current ratio of 3.3229.
  • The company has a high promoter holding of 53.38%.

 Limitations

  • The company has shown a poor revenue growth of 13.6822186303448% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 36.81 35.15 36.35 42.16 45.64
Total Expenditure 31.12 29.5 30.09 32.53 35.9
Operating Profit 5.69 5.65 6.26 9.63 9.73
Other Income 0.44 0.33 0.49 0.53 0.5
Interest 0.01 0.07 0.06 0.01 0.01
Depreciation 1.09 1.08 1.15 1.12 1.2
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.04 4.84 5.54 9.03 9.03
Tax 1.27 1.31 1.46 2.31 2.31
Profit After Tax 3.77 3.53 4.09 6.72 6.72
Adjusted EPS (Rs) 8.91 8.34 9.66 15.88 15.87

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 96.32 97.81 135.84 164.64 143.7
Total Expenditure 85.49 87.76 122.21 138.97 120.32
Operating Profit 10.83 10.05 13.63 25.67 23.37
Other Income 2.15 1.21 1.63 3.29 1.6
Interest 0.12 0.08 0.32 0.34 0.2
Depreciation 4.36 4.17 4.59 5.5 4.36
Exceptional Items 0 0 0 0 0
Profit Before Tax 8.5 7.01 10.35 23.12 20.41
Tax 1.81 1.84 2.62 6 5.3
Net Profit 6.69 5.18 7.73 17.12 15.11
Adjusted EPS (Rs.) 14.59 12.24 18.26 40.46 35.7

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 4.58 4.23 4.23 4.23 4.23
Total Reserves 68.92 67.11 74.08 90.13 104.15
Borrowings 0 0 0 0 0
Other N/C liabilities 3.22 2.88 2.46 2.02 2.03
Current liabilities 14.13 18.96 28.68 29.12 23.85
Total Liabilities 90.85 93.18 109.45 125.49 134.26
Assets
Net Block 31.53 29.61 30.87 38.87 41.35
Capital WIP 0 2.26 0.72 0.92 1.2
Intangible WIP 0 0 0 0 0
Investments 1.76 1.68 0 1.44 1.44
Loans & Advances 2.02 1.09 2.12 2.46 9.27
Other N/C Assets 0 0 1.61 1.53 1.75
Current Assets 55.55 58.52 74.13 80.28 79.27
Total Assets 90.85 93.18 109.45 125.49 134.26
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 8.5 7.01 10.35 23.12 20.41
Adjustment 3.95 3.56 4.22 3.19 3.52
Changes in Assets & Liabilities -0.8 0.63 -13.32 -0.48 -10.37
Tax Paid -2.36 -1.97 -2.47 -6.26 -5.83
Operating Cash Flow 9.3 9.23 -1.21 19.56 7.72
Investing Cash Flow -3.53 -3.79 -3.14 -11.89 -5.96
Financing Cash Flow -4.33 -7.6 3.9 -6.34 -1.55
Net Cash Flow 1.43 -2.16 -0.46 1.33 0.21

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 53.38 53.38 53.38 53.38 53.38
ajeya vel narayanaswamy 8.58 8.58 8.58 8.58 8.58
janardhana naidu vijayaku... 0.24 0.24 0.24 0.24 0.24
krishnasamraj n 2.04 2.04 2.04 2.04 2.04
mahitha vijayakumar 1.84 1.84 1.84 1.84 1.84
muthulakshmi n - 10.68 10.68 10.68 10.68
n krishnasamaraj huf 18.19 18.19 18.19 18.19 18.19
nivedita lakshmi narayana... 5.43 5.43 5.43 5.43 5.43
ranganayaki n 5.32 5.32 5.32 5.32 5.32
vijayakumar venkatkumar 1.06 1.06 1.06 1.06 1.06
muthulakshmi n 10.68 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 46.62 46.62 46.62 46.62 46.62
elgi equipments limited 1.57 1.57 1.57 1.57 1.57
investor education and pr... - - 2.39 2.39 2.39
llp 1.46 0.97 0.91 0.87 0.06
ravi pareek - - - 1.00 1.00
investor education and pr... 2.24 2.39 - - -

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Magna Electro Castings informs about board meeting 16 Jan, 1:00 PM Magna ElectroCasting - Quaterly Results 7 Nov, 6:43 PM Magna ElectroCasting - Quaterly Results 7 Nov, 6:43 PM Magna Electro Castings informs about board meeting 23 Oct, 5:19 PM Magna Electro Castings informs about compliance certificate 10 Oct, 2:13 PM Magna ElectroCasting - Quaterly Results 7 Aug, 6:58 PM Magna ElectroCasting - Quaterly Results 7 Aug, 6:58 PM Magna Electro Castings informs about details of loss of certificate 5 Jul, 5:22 PM Magna Electro Castings informs about loss of share certificate 5 Jun, 5:13 PM Magna Electro Castings gets nod to make investment in equity shares of FETN1PL 29 May, 5:00 PM Magna ElectroCasting - Quaterly Results 29 May, 1:07 PM Magna Electro Castings informs about certificate 12 Apr, 5:22 PM Magna Electro Castings informs about certificate 5 Apr, 4:53 PM Magna ElectroCasting - Quaterly Results 5 Feb, 12:15 PM Magna ElectroCasting - Quaterly Results 5 Feb, 12:15 PM Magna ElectroCasting - Quaterly Results 5 Feb, 12:15 PM Magna Electro Castings informs about resumption of operations 3 Jan, 10:02 AM Magna Electro Castings informs about temporary shutdown of plant 1 Jan, 10:47 AM Magna Electro Castings informs about outcome of board meeting 1 Nov, 2:50 PM Magna Electro Castings informs about outcome of board meeting 1 Nov, 1:57 PM Magna ElectroCasting - Quaterly Results 1 Nov, 12:16 PM Magna ElectroCasting - Quaterly Results 1 Nov, 12:16 PM Magna ElectroCasting - Quaterly Results 1 Nov, 12:16 PM Magna Electro Castings informs about commencement of production 30 Oct, 12:29 PM Magna Electro Castings informs about board meeting 4 Oct, 5:12 PM Magna Electro Castings informs about scrutinizers report 28 Aug, 2:35 PM Magna Electro Castings informs about outcome of board meeting 7 Aug, 3:17 PM Magna ElectroCasting - Quaterly Results 7 Aug, 12:31 PM Magna ElectroCasting - Quaterly Results 7 Aug, 12:31 PM Magna ElectroCasting - Quaterly Results 7 Aug, 12:31 PM Magna Electro Castings informs about board meeting 21 Jul, 2:30 PM Magna Electro Castings informs about AGM 17 Jul, 4:00 PM Magna Electro Castings submits compliance certificate 10 Jul, 2:50 PM Magna Electro Castings informs about loss of share certificates 9 Jun, 4:46 PM Magna Electro Castings submits annual secretarial compliance report 30 May, 3:50 PM Magna Electro Castings informs about compliance certificate 10 Apr, 5:10 PM Magna Electro Castings informs about closure of trading window 18 Mar, 11:49 AM Magna Electro Castings informs about board meeting 18 Mar, 10:46 AM Magna ElectroCasting - Quaterly Results 31 Jan, 12:38 PM Magna ElectroCasting - Quaterly Results 31 Jan, 12:38 PM Magna ElectroCasting - Quaterly Results 31 Jan, 12:38 PM Magna Electro Castings informs about issuance of duplicate share certificate 19 Jan, 4:08 PM Magna Electro Castings informs about certificate 10 Jan, 12:02 PM Magna Electro Castings informs about disclosure 27 Dec, 4:44 PM Magna Electro Castings informs about loss of share certificate 20 Dec, 12:29 PM Magna ElectroCasting - Quaterly Results 9 Nov, 12:22 PM Magna ElectroCasting - Quaterly Results 9 Nov, 12:22 PM Magna ElectroCasting - Quaterly Results 9 Nov, 12:22 PM Magna ElectroCasting - Quaterly Results 8 Aug, 12:55 PM Magna ElectroCasting - Quaterly Results 8 Aug, 12:55 PM

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Magna ElectroCasting stock price today is Rs 1129. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Magna ElectroCasting . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Magna ElectroCasting has a PE ratio of 22.6974821677 which is high and comparatively overvalued .

  • Share Price: - The current share price of Magna ElectroCasting is Rs 1129. One can use valuation calculators of ticker to know if Magna ElectroCasting 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. Magna ElectroCasting has ROA of 11.6334 % 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. Magna ElectroCasting has a Current ratio of 3.3229 .

  • 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. Magna ElectroCasting has a ROE of 14.9051 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Magna ElectroCasting has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Magna ElectroCasting has reported revenue growth of -12.7215 % 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 Magna ElectroCasting for the current financial year is 16.2664981648988 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Magna ElectroCasting is Rs 5 and the yield is 0.4425 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Magna ElectroCasting is Rs 49.7412 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Magna ElectroCasting in Ticker for free. Also, one can get the intrinsic value of Magna ElectroCasting by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Magna ElectroCasting
X