Mafatlal Industries Ltd
The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]
- Market Cap ₹ 812 Cr.
- Current Price ₹ 114
- High / Low ₹ 173 / 37.0
- Stock P/E 10.5
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 5.25 %
- ROE 3.13 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 1.07 times its book value
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
- Debtor days have improved from 100.0 to 76.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.58%
- The company has delivered a poor sales growth of 3.27% over past five years.
- Company has a low return on equity of -3.72% over last 3 years.
- Earnings include an other income of Rs.76.0 Cr.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
157 | 797 | 920 | 1,013 | 1,323 | 1,238 | 1,168 | 1,024 | 1,006 | 603 | 1,003 | 1,372 | 1,653 | |
256 | 750 | 892 | 995 | 1,283 | 1,223 | 1,175 | 1,085 | 1,012 | 650 | 991 | 1,343 | 1,621 | |
Operating Profit | -98 | 47 | 28 | 19 | 40 | 15 | -8 | -61 | -7 | -47 | 12 | 28 | 32 |
OPM % | -63% | 6% | 3% | 2% | 3% | 1% | -1% | -6% | -1% | -8% | 1% | 2% | 2% |
-4 | 50 | 25 | 40 | 21 | 43 | 33 | -53 | 42 | -5 | 54 | 45 | 76 | |
Interest | 4 | 32 | 15 | 17 | 21 | 27 | 31 | 30 | 31 | 22 | 19 | 18 | 16 |
Depreciation | 2 | 14 | 18 | 17 | 21 | 32 | 36 | 36 | 17 | 17 | 16 | 15 | 15 |
Profit before tax | -108 | 51 | 20 | 25 | 19 | -1 | -42 | -180 | -13 | -91 | 32 | 40 | 77 |
Tax % | 12% | 26% | -18% | 5% | 9% | 908% | 0% | 0% | -3% | -3% | 9% | 7% | |
-84 | 37 | 23 | 24 | 17 | 4 | -42 | -180 | -14 | -94 | 29 | 37 | 77 | |
EPS in Rs | -17.10 | 7.57 | 3.24 | 3.43 | 2.46 | 0.59 | -6.00 | -25.87 | -1.97 | -13.50 | 4.09 | 5.26 | 10.90 |
Dividend Payout % | 0% | 13% | 19% | 18% | 24% | 68% | -7% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 11% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 19% |
3 Years: | 43% |
TTM: | 80% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 38% |
3 Years: | 84% |
1 Year: | 168% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -7% |
3 Years: | -4% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 10 | 10 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 283 | 315 | 332 | 350 | 362 | 576 | 785 | 493 | 271 | 453 | 672 | 600 | 704 |
Preference Capital | 30 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
48 | 105 | 122 | 148 | 224 | 250 | 234 | 207 | 150 | 148 | 113 | 94 | 77 | |
89 | 204 | 186 | 251 | 331 | 358 | 360 | 292 | 381 | 330 | 424 | 466 | 592 | |
Total Liabilities | 430 | 633 | 655 | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,386 |
47 | 93 | 158 | 165 | 213 | 318 | 298 | 139 | 138 | 122 | 98 | 95 | 89 | |
CWIP | 4 | 63 | 15 | 36 | 9 | 8 | 7 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 89 | 48 | 47 | 46 | 46 | 284 | 502 | 374 | 168 | 444 | 633 | 523 | 577 |
291 | 428 | 435 | 515 | 663 | 588 | 585 | 493 | 510 | 378 | 493 | 557 | 720 | |
Total Assets | 430 | 633 | 655 | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,386 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-308 | 16 | 12 | 7 | -35 | 88 | 12 | 8 | 24 | 7 | 10 | -7 | |
536 | 6 | -51 | -7 | -21 | -73 | 49 | 40 | 84 | 31 | 61 | 36 | |
-179 | -25 | -38 | 4 | 52 | -11 | -52 | -57 | -91 | -29 | -52 | -34 | |
Net Cash Flow | 48 | -3 | -78 | 4 | -5 | 4 | 9 | -9 | 17 | 8 | 18 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 47 | 56 | 55 | 72 | 86 | 85 | 89 | 70 | 92 | 131 | 93 | 76 |
Inventory Days | 178 | 82 | 78 | 69 | 65 | 76 | 76 | 52 | 49 | 17 | 33 | 36 |
Days Payable | 185 | 78 | 81 | 108 | 115 | 111 | 125 | 106 | 146 | 173 | 159 | 126 |
Cash Conversion Cycle | 40 | 60 | 53 | 33 | 35 | 50 | 40 | 15 | -4 | -24 | -34 | -14 |
Working Capital Days | -53 | 35 | 38 | 32 | 44 | 42 | 43 | 42 | 17 | -16 | -12 | 3 |
ROCE % | 18% | 6% | 3% | 6% | 1% | -2% | -8% | 2% | -9% | 2% | 5% |
Documents
Announcements
- Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011 21 Mar
- Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011 21 Mar
- Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 20 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Mar - Read with Schedule III, Part A of the SEBI (LODR) Regulations, 2015 we would like to inform you that the officials of the Company will …
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 16 Mar
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 2010
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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]