Mac Charles (India) Ltd

Mac Charles(I) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mac Charles (India) Ltd

₹ 445 -0.89%
25 Apr 4:01 p.m.
lemeridien-bangalore.com BSE: 507836
About

Mac Charles (India) Limited, incorporated in 1979, together with its subsidiary, Airport Golf View Hotels and Suites Pvt. Ltd engages in the hotel business in India. The Company operates Le Meridien, a five star hotel with 197 rooms and suites in Bangalore, India. It is also involved in leasing of commercial real estate properties in Embassy Tech Square ('Alpha' and 'Delta') located along Outer Ring Road, Bangalore, Karnataka. [1]

Key Points

Revenue Mix
Five Star Hotel Business - Nil in FY22 vs 60% in FY19
Rental Income - 60% in FY22 vs 16% in FY19
Sale of Electricity - 40% in FY22 vs 12% in FY19 [1] [2]

Website BSE
  • Market Cap ₹ 583 Cr.
  • Current Price ₹ 445
  • High / Low ₹ 544 / 390
  • Stock P/E
  • Book Value ₹ 167
  • Dividend Yield 0.00 %
  • ROCE 1.17 %
  • ROE -12.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Stock is trading at 2.67 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -32.2% over past five years.
  • Company has a low return on equity of -1.71% over last 3 years.
  • Promoters have pledged 97.9% of their holding.
  • Earnings include an other income of Rs.19.5 Cr.
  • Debtor days have increased from 29.4 to 53.5 days.

* 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: Power Generation & Distribution Industry: Power Generation And Supply

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
7 6 7 6 5 4 3 4 2 2 2 4 2
4 3 3 4 3 5 3 4 3 3 3 4 9
Operating Profit 3 3 4 3 3 -1 0 0 -1 -1 -1 1 -7
OPM % 48% 48% 52% 40% 48% -16% 13% 1% -74% -70% -29% 16% -288%
0 3 1 89 1 22 75 1 4 6 5 5 4
Interest 3 3 2 2 1 1 0 3 13 16 17 18 19
Depreciation 1 1 1 1 0 0 0 0 0 0 0 0 1
Profit before tax 0 2 1 89 3 20 74 -2 -11 -12 -13 -12 -22
Tax % 0% 11% 27% 1% 14% -2% 15% -22% 43% 8% 19% 0% 0%
0 2 1 88 2 20 63 -3 -6 -11 -11 -12 -22
EPS in Rs 0.14 1.69 0.79 67.12 1.71 15.19 48.12 -2.29 -4.93 -8.42 -8.12 -9.38 -16.76
Raw PDF

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
51 47 45 53 59 72 78 31 30 23 22 11 11
38 36 33 39 38 38 47 26 32 12 14 13 19
Operating Profit 13 11 12 14 21 34 31 5 -1 11 8 -2 -8
OPM % 25% 24% 27% 26% 36% 47% 40% 15% -5% 47% 38% -20% -75%
15 18 9 26 38 11 11 53 3 4 112 85 20
Interest 0 0 0 0 1 1 6 16 17 10 6 32 69
Depreciation 6 7 7 3 5 5 5 4 4 4 3 2 2
Profit before tax 21 23 14 37 53 39 30 38 -19 1 112 49 -59
Tax % 28% 29% 51% 29% 34% 25% 27% 25% 9% 34% 1% 13%
15 16 7 26 35 29 22 28 -17 1 111 43 -56
EPS in Rs 11.53 12.27 5.30 19.79 26.48 22.39 16.64 21.46 -13.14 0.40 84.81 32.49 -42.68
Dividend Payout % 52% 49% 113% 40% 38% 45% 60% 47% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -13%
5 Years: -32%
3 Years: -28%
TTM: -17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -20%
TTM: -202%
Stock Price CAGR
10 Years: 17%
5 Years: 9%
3 Years: 7%
1 Year: -6%
Return on Equity
10 Years: 5%
5 Years: -3%
3 Years: -2%
Last Year: -12%

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 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 209 216 214 227 244 273 280 97 64 64 173 228 205
4 3 3 1 0 40 124 167 120 120 122 532 636
26 32 39 47 32 31 31 235 28 34 117 16 14
Total Liabilities 252 264 268 288 289 357 448 511 225 231 425 789 869
80 78 72 93 93 178 170 203 195 161 100 305 391
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 61 94 121 125 143 14 27 23 3 3 7 29 22
110 92 75 69 53 165 250 285 27 67 319 454 456
Total Assets 252 264 268 288 289 357 448 511 225 231 425 789 869

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
14 13 13 19 -0 21 28 23 36 7 -18 -15
-5 -3 -3 -7 28 -61 -87 2 43 3 76 -386
-8 -10 -10 -12 -29 39 62 -27 -79 -11 35 314
Net Cash Flow 0 0 1 1 -1 -1 3 -2 0 -0 93 -87

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 9 13 17 23 24 23 24 34 13 12 22 53
Inventory Days 78 80 58 48 58 52 46 177 56
Days Payable 91 105 94 119 126 126 116 545 333
Cash Conversion Cycle -5 -12 -18 -48 -44 -52 -46 -334 -264 12 22 53
Working Capital Days -8 76 231 122 161 153 112 -2,221 -242 276 458 -227
ROCE % 3% 8% 10% 14% 21% 14% 9% 6% -1% 4% 3% 1%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
24.98% 24.98% 24.98% 24.98% 24.98% 24.98% 24.97% 24.98% 24.97% 24.97% 24.97% 24.98%
No. of Shareholders 8,4858,2418,1918,0688,0598,1258,1808,1458,0997,9867,8897,829

* 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.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings