Marsons Ltd
Incorporated in 1976, Marsons Ltd
is engaged in manufacturing of transformers in the capacity range of 100 MVA 132KV class[1]
- Market Cap ₹ 676 Cr.
- Current Price ₹ 48.3
- High / Low ₹ 48.3 / 4.95
- Stock P/E 186
- Book Value ₹ 0.97
- Dividend Yield 0.00 %
- ROCE 0.85 %
- ROE -216 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 49.7 times its book value
- Promoter holding has decreased over last quarter: -12.8%
- Company has a low return on equity of -156% over last 3 years.
- Earnings include an other income of Rs.5.37 Cr.
- Company has high debtors of 756 days.
- Company's cost of borrowing seems high
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
115.53 | 50.61 | 54.68 | 72.16 | 103.08 | 99.99 | 16.70 | 0.35 | 0.00 | 0.33 | 1.59 | 4.56 | 5.25 | |
104.18 | 41.81 | 46.27 | 64.22 | 90.28 | 97.32 | 63.98 | 19.62 | 0.64 | 0.91 | 1.58 | 3.52 | 3.08 | |
Operating Profit | 11.35 | 8.80 | 8.41 | 7.94 | 12.80 | 2.67 | -47.28 | -19.27 | -0.64 | -0.58 | 0.01 | 1.04 | 2.17 |
OPM % | 9.82% | 17.39% | 15.38% | 11.00% | 12.42% | 2.67% | -283.11% | -5,505.71% | -175.76% | 0.63% | 22.81% | 41.33% | |
2.67 | 1.10 | 0.57 | 5.01 | 1.42 | 1.00 | -7.97 | -0.91 | -0.08 | 0.00 | 0.02 | 6.29 | 5.37 | |
Interest | 9.08 | 8.28 | 7.14 | 13.73 | 7.68 | 10.09 | 4.98 | 0.02 | 0.00 | 0.01 | 0.11 | 3.16 | 3.16 |
Depreciation | 1.62 | 1.26 | 0.96 | 4.03 | 3.11 | 1.71 | 4.52 | 3.14 | 2.26 | 1.64 | 1.21 | 0.90 | 0.74 |
Profit before tax | 3.32 | 0.36 | 0.88 | -4.81 | 3.43 | -8.13 | -64.75 | -23.34 | -2.98 | -2.23 | -1.29 | 3.27 | 3.64 |
Tax % | 33.43% | -108.33% | 73.86% | 1.04% | -20.99% | -22.26% | 0.00% | 7.54% | 0.00% | 0.00% | 0.00% | 0.00% | |
2.20 | 0.74 | 0.24 | -4.76 | 4.15 | -9.94 | -64.76 | -21.58 | -2.99 | -2.23 | -1.29 | 3.27 | 3.63 | |
EPS in Rs | 0.88 | 0.30 | 0.10 | -1.90 | 1.66 | -3.98 | -25.90 | -8.63 | -0.24 | -0.18 | -0.10 | 0.26 | 0.29 |
Dividend Payout % | 11.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -28% |
5 Years: | -23% |
3 Years: | % |
TTM: | 98% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | -2% |
TTM: | 1310% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 95% |
3 Years: | 61% |
1 Year: | 678% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -156% |
Last Year: | -216% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 12.50 | 12.50 | 12.50 | 12.50 | 14.00 |
Reserves | 27.35 | 27.52 | 27.50 | 22.79 | 26.94 | -7.53 | -72.28 | -94.02 | -9.08 | -11.31 | -12.75 | -9.48 | -0.38 |
36.63 | 40.02 | 49.17 | 67.44 | 71.29 | 76.26 | 86.20 | 84.28 | 22.39 | 22.89 | 22.66 | 14.51 | 7.66 | |
41.16 | 94.03 | 85.41 | 44.45 | 102.48 | 43.73 | 37.29 | 22.79 | 0.31 | 0.54 | 0.89 | 5.90 | 3.30 | |
Total Liabilities | 130.14 | 186.57 | 187.08 | 159.68 | 225.71 | 137.46 | 76.21 | 38.05 | 26.12 | 24.62 | 23.30 | 23.43 | 24.58 |
26.90 | 26.27 | 25.17 | 32.87 | 29.87 | 28.69 | 24.17 | 20.88 | 18.76 | 17.11 | 15.91 | 13.22 | 12.93 | |
CWIP | 1.30 | 1.34 | 1.35 | 0.02 | 0.00 | 0.12 | 0.14 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 10.35 | 10.33 | 10.33 | 9.82 | 37.45 | 12.19 | 2.74 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
91.59 | 148.63 | 150.23 | 116.97 | 158.39 | 96.46 | 49.16 | 17.03 | 7.36 | 7.51 | 7.39 | 10.21 | 11.65 | |
Total Assets | 130.14 | 186.57 | 187.08 | 159.68 | 225.71 | 137.46 | 76.21 | 38.05 | 26.12 | 24.62 | 23.30 | 23.43 | 24.58 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.04 | 6.29 | -2.37 | -3.03 | 27.14 | 4.24 | -6.58 | 0.85 | -13.37 | -0.50 | 0.34 | 0.10 | |
-1.53 | -0.83 | 0.17 | -5.87 | -24.59 | -0.56 | 1.33 | -0.01 | 3.14 | 0.00 | 0.00 | 8.09 | |
-4.87 | -4.91 | 2.18 | 7.69 | -3.30 | -3.99 | 5.25 | -1.91 | 10.34 | 0.49 | -0.39 | -8.18 | |
Net Cash Flow | -1.36 | 0.55 | -0.02 | -1.21 | -0.75 | -0.31 | -0.01 | -1.07 | 0.11 | 0.00 | -0.05 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Jun 2012 | Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 115.66 | 558.50 | 550.04 | 320.74 | 371.80 | 144.04 | 907.47 | 10,126.14 | 7,864.09 | 1,586.26 | 756.41 | |
Inventory Days | 175.15 | 637.37 | 528.02 | 300.56 | 312.68 | 200.28 | 2.35 | 0.00 | 78.21 | 39.40 | ||
Days Payable | 126.62 | 915.79 | 684.87 | 159.45 | 537.20 | 127.30 | 189.71 | 964.64 | 309.01 | |||
Cash Conversion Cycle | 164.19 | 280.08 | 393.18 | 461.84 | 147.28 | 217.03 | 720.12 | 10,126.14 | 7,864.09 | 699.83 | 486.81 | |
Working Capital Days | 148.08 | 352.09 | 404.85 | 358.93 | 193.51 | 194.97 | 274.08 | -6,017.29 | 7,499.09 | 1,455.41 | 332.98 | |
ROCE % | 14.18% | 9.52% | 8.41% | 8.22% | 1.81% | -77.21% | -75.97% | -13.88% | -8.90% | -5.03% | 0.85% |
Documents
Announcements
- Certificate Pursuant To Regulation 40(9) Of SEBI (LODR) Regulation 2015 For The Period 01.04.2023 To 31.03.2024. 22 Apr
- Board Meeting Outcome for Allotment Of Equity Shares Of The Company On Preferential Allotment Basis 18 Apr
-
Compliance Under Reg 7(3) Of SEBI (LODR) Regulations, 2015
16 Apr - Compliance certificate pursuant to Regulation 7(3) of SEBI (LODR) Regulations 2015 for the period 01.04.2023 to 31.03.2024 as given by the RTA of the company.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Compliance certificate regarding confirmation of Dematerialisation as per section 74(5) of SEBI(Depositories and Participants) Regulations, 2018 for the period 01.01.2024 to 31.03.2024 as given by …
- Disclosures Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 Received From Promoter/ Promoter Group 5 Apr
Annual reports
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Financial Year 2023
from bse
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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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Business Overview:[1][2]
MSL is an ISO 9001:2008 certified and
CPRI, ERDA, and NABL accredited, multi
product and service organization engaged
in manufacturing, supplying, erecting, testing, and commissioning of Power and Distribution transformers of various ratings, which include 10 KVA, 50 MVA 132 kV class, up to the range of 160 MVA 220 kV class.