Morarka Finance Ltd
Incorporated in 1985, Morarka Finance Ltd is engaged in the business of Portfolio Management and other financial activities.
- Market Cap ₹ 68.0 Cr.
- Current Price ₹ 151
- High / Low ₹ 187 / 110
- Stock P/E 12.7
- Book Value ₹ 518
- Dividend Yield 3.31 %
- ROCE 2.39 %
- ROE 2.04 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.29 times its book value
- Stock is providing a good dividend yield of 3.31%.
- Company has been maintaining a healthy dividend payout of 54.0%
- Company's working capital requirements have reduced from 27.3 days to 10.6 days
Cons
- Company has a low return on equity of 2.03% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.04 | 0.00 | 0.00 | 0.05 | 0.18 | 0.67 | 2.75 | 0.96 | 5.43 | 1.27 | 4.48 | 5.86 | 6.79 | |
0.18 | 0.18 | 0.32 | 0.22 | 0.33 | 0.45 | 0.37 | 0.42 | 0.45 | 0.36 | 0.42 | 0.38 | 0.44 | |
Operating Profit | -0.14 | -0.18 | -0.32 | -0.17 | -0.15 | 0.22 | 2.38 | 0.54 | 4.98 | 0.91 | 4.06 | 5.48 | 6.35 |
OPM % | -350.00% | -340.00% | -83.33% | 32.84% | 86.55% | 56.25% | 91.71% | 71.65% | 90.62% | 93.52% | 93.52% | ||
0.01 | 0.02 | 0.11 | 0.16 | 0.17 | 0.05 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | |
Interest | 0.01 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | -0.15 | -0.19 | -0.24 | -0.01 | 0.02 | 0.27 | 2.38 | 0.54 | 4.98 | 0.92 | 4.06 | 5.48 | 6.35 |
Tax % | 33.33% | 21.05% | 8.33% | -300.00% | 50.00% | 29.63% | 1.26% | 12.96% | 0.60% | 25.00% | 8.87% | 14.42% | |
-0.10 | -0.15 | -0.21 | -0.04 | 0.01 | 0.18 | 2.34 | 0.47 | 4.95 | 0.69 | 3.69 | 4.68 | 5.36 | |
EPS in Rs | -0.22 | -0.33 | -0.47 | -0.09 | 0.02 | 0.40 | 5.20 | 1.04 | 10.99 | 1.53 | 8.20 | 10.40 | 11.89 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.23% | 95.74% | 0.00% | 65.22% | 48.78% | 48.08% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 3% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 42% |
5 Years: | 15% |
3 Years: | -2% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | 43% |
5 Years: | 40% |
3 Years: | 50% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 | 4.50 |
Reserves | 4.92 | 4.78 | 4.57 | 4.53 | 4.54 | 4.72 | 7.06 | 6.98 | 11.93 | 68.72 | 264.83 | 185.47 | 228.85 |
0.12 | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.04 | 0.04 | 0.05 | 0.06 | 0.04 | 0.07 | 0.07 | 0.11 | 0.08 | 0.21 | 0.53 | 0.92 | 1.31 | |
Total Liabilities | 9.58 | 9.60 | 9.12 | 9.09 | 9.08 | 9.29 | 11.63 | 11.59 | 16.51 | 73.43 | 269.86 | 190.89 | 234.66 |
0.10 | 0.10 | 0.09 | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 9.11 | 9.11 | 8.61 | 8.61 | 8.61 | 8.88 | 11.11 | 11.09 | 13.79 | 72.86 | 269.00 | 189.81 | 230.72 |
0.37 | 0.39 | 0.42 | 0.39 | 0.39 | 0.33 | 0.45 | 0.43 | 2.65 | 0.51 | 0.80 | 1.02 | 3.88 | |
Total Assets | 9.58 | 9.60 | 9.12 | 9.09 | 9.08 | 9.29 | 11.63 | 11.59 | 16.51 | 73.43 | 269.86 | 190.89 | 234.66 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -0.17 | -0.23 | -0.01 | 0.00 | 0.26 | 2.30 | 0.07 | -0.09 | -5.48 | -0.16 | -0.55 | |
-0.01 | 0.01 | 0.51 | 0.00 | 0.00 | -0.27 | -2.23 | 0.47 | 2.37 | 3.24 | 0.70 | 2.26 | |
0.12 | 0.16 | -0.27 | 0.00 | 0.00 | 0.00 | 0.00 | -0.54 | 0.00 | 0.00 | -0.45 | -1.80 | |
Net Cash Flow | 0.00 | 0.00 | 0.01 | -0.01 | 0.00 | -0.01 | 0.06 | 0.00 | 2.28 | -2.24 | 0.08 | -0.09 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Inventory Days | 2,920.00 | 5,840.00 | ||||||||||
Days Payable | 0.00 | 0.00 | ||||||||||
Cash Conversion Cycle | 2,920.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Working Capital Days | 1,551.25 | 1,095.00 | 344.72 | 92.61 | 43.80 | 91.25 | 16.80 | 57.48 | 13.85 | 10.59 | ||
ROCE % | -1.47% | -1.78% | -2.36% | -0.11% | 0.22% | 2.96% | 22.91% | 4.69% | 35.69% | 2.05% | 2.37% | 2.39% |
Documents
Announcements
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Certificate Under Regulation 40(10) Of SEBI (LODR) Regulation, 2015
10 Apr - Compliance certificate under regulation 40(9) of SEBI ( LODR ) Regulations, 2015 for the year ended 31st March, 2024
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 8 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under regulation 74(5) under SEBI (Depositories Participants) Regulations, 2018 for the quarter ended March 31, 2024
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2 Apr
- Closure of Trading Window 26 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Registration:[1]
Company is registered as a Non-Banking Financial Institution (NBFC) under Reserve Bank of India.