Mafatlal Industries Ltd

Mafatlal Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mafatlal Industries Ltd

₹ 190 0.29%
26 Jul - close price
mafatlals.com BSE: 500264
About

The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]

Key Points

History
The co. is a 118+ years old textile manufacturing player in India and part of Arvind Mafatlal Group founded by Mr. Mafatlal Gagalbhai. The company is a part of promoter group of NOCIL Ltd with ~15.16% stake.
[1]

Website BSE
  • Market Cap ₹ 1,368 Cr.
  • Current Price ₹ 190
  • High / Low ₹ 221 / 68.0
  • Stock P/E 23.4
  • Book Value ₹ 114
  • Dividend Yield 0.00 %
  • ROCE 6.76 %
  • ROE 8.20 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.0% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 3.80% over last 3 years.
  • Earnings include an other income of Rs.63.8 Cr.
  • 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: Textiles Industry: Textiles - Composite

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
207 116 292 197 393 383 355 292 338 586 309 420 764
216 122 294 194 378 374 349 287 331 573 301 415 749
Operating Profit -9 -6 -2 4 16 9 6 6 7 12 7 6 15
OPM % -4% -5% -1% 2% 4% 2% 2% 2% 2% 2% 2% 1% 2%
12 -1 40 5 10 17 11 3 13 23 21 20 6
Interest 5 5 6 3 4 4 5 4 5 3 3 5 4
Depreciation 4 4 4 4 4 4 4 4 4 4 4 4 4
Profit before tax -6 -16 28 1 18 19 9 1 12 27 21 17 14
Tax % 42% 5% 5% 0% 3% 15% 0% 0% 0% 0% 0% 0% -145%
-9 -16 27 1 17 16 9 1 12 27 21 17 33
EPS in Rs -1.28 -2.35 3.83 0.17 2.44 2.25 1.23 0.13 1.66 3.89 2.96 2.39 4.65
Raw PDF
Upcoming result date: 2 August 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
797 920 1,013 1,323 1,238 1,168 1,024 1,006 603 1,003 1,372 2,079
750 892 995 1,283 1,223 1,175 1,085 1,012 650 991 1,343 2,033
Operating Profit 47 28 19 40 15 -8 -61 -7 -47 12 28 46
OPM % 6% 3% 2% 3% 1% -1% -6% -1% -8% 1% 2% 2%
50 25 40 21 43 33 -53 42 -5 54 45 64
Interest 32 15 17 21 27 31 30 31 22 19 18 15
Depreciation 14 18 17 21 32 36 36 17 17 16 15 15
Profit before tax 51 20 25 19 -1 -42 -180 -13 -91 32 40 79
Tax % 26% -18% 5% 9% -908% -0% 0% 3% 3% 9% 7% -25%
37 23 24 17 4 -42 -180 -14 -94 29 37 99
EPS in Rs 7.57 3.24 3.43 2.46 0.59 -6.00 -25.87 -1.97 -13.50 4.09 5.26 13.81
Dividend Payout % 13% 19% 18% 24% 68% -7% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 15%
3 Years: 51%
TTM: 52%
Compounded Profit Growth
10 Years: 14%
5 Years: 21%
3 Years: 41%
TTM: 188%
Stock Price CAGR
10 Years: 20%
5 Years: 65%
3 Years: 75%
1 Year: 175%
Return on Equity
10 Years: -3%
5 Years: -1%
3 Years: 4%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 14 14 14 14 14 14 14 14 14 14 14
Reserves 315 332 350 362 576 785 493 271 453 672 600 800
135 122 148 224 250 234 207 150 148 113 94 82
174 186 251 331 358 360 292 381 330 424 466 910
Total Liabilities 633 655 762 932 1,198 1,392 1,006 816 944 1,223 1,175 1,806
93 158 165 213 318 298 139 138 122 98 95 86
CWIP 63 15 36 9 8 7 1 0 0 0 0 0
Investments 48 47 46 46 284 502 374 168 444 633 523 631
428 435 515 663 588 585 493 510 378 493 557 1,089
Total Assets 633 655 762 932 1,198 1,392 1,006 816 944 1,223 1,175 1,806

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 12 7 -35 88 12 8 24 7 10 -7 159
6 -51 -7 -21 -73 49 40 84 31 61 36 -2
-25 -38 4 52 -11 -52 -57 -91 -29 -52 -34 -23
Net Cash Flow -3 -78 4 -5 4 9 -9 17 8 18 -5 133

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 56 55 72 86 85 89 70 92 131 93 76 112
Inventory Days 82 78 69 65 76 76 52 49 17 33 36 17
Days Payable 78 81 108 115 111 125 106 146 173 159 126 161
Cash Conversion Cycle 60 53 33 35 50 40 15 -4 -24 -34 -14 -32
Working Capital Days 35 38 32 44 42 43 42 17 -16 -12 3 -19
ROCE % 18% 6% 3% 6% 1% -2% -8% 2% -9% 2% 5% 7%

Shareholding Pattern

Numbers in percentages

28 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
71.49% 71.29% 71.10% 71.03% 70.97% 70.97% 70.85% 70.85% 70.74% 70.16% 69.96% 69.61%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.90% 0.85% 0.85% 0.71%
2.56% 2.52% 2.45% 2.45% 2.46% 2.45% 2.44% 2.44% 2.16% 1.70% 0.94% 0.93%
25.95% 26.19% 26.45% 26.52% 26.59% 26.59% 26.71% 26.71% 26.20% 27.30% 28.26% 28.75%
No. of Shareholders 69,67265,53065,58365,38365,86264,87563,93963,39965,11458,79260,67660,475

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

  • May 2024
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  • Feb 2024
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  • Nov 2023
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  • Aug 2023
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