Mahalaxmi Seamless Ltd
Incorporated in 1992, Mahalaxmi Seamless Ltd manufactures cold-drawn seamless pipes and tubes used in various industries.
- Market Cap ₹ 5.97 Cr.
- Current Price ₹ 11.3
- High / Low ₹ 14.8 / 5.38
- Stock P/E 29.8
- Book Value ₹ -1.70
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 120 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of -14.0% over past five 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: Steel Industry: Steel - Medium / Small
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
32.02 | 25.52 | 14.45 | 18.62 | 11.04 | 10.72 | 3.90 | 1.87 | 1.87 | 1.91 | 2.02 | 1.83 | 1.84 | |
32.17 | 27.46 | 16.21 | 18.07 | 11.08 | 12.34 | 3.59 | 1.21 | 1.25 | 0.97 | 0.99 | 1.00 | 1.09 | |
Operating Profit | -0.15 | -1.94 | -1.76 | 0.55 | -0.04 | -1.62 | 0.31 | 0.66 | 0.62 | 0.94 | 1.03 | 0.83 | 0.75 |
OPM % | -0.47% | -7.60% | -12.18% | 2.95% | -0.36% | -15.11% | 7.95% | 35.29% | 33.16% | 49.21% | 50.99% | 45.36% | 40.76% |
0.98 | 1.21 | 0.19 | 0.93 | 0.15 | 0.63 | -0.20 | 0.11 | 0.28 | 0.33 | 0.13 | 0.09 | -1.52 | |
Interest | 1.32 | 1.53 | 1.03 | 0.90 | 0.93 | 0.62 | 0.51 | 0.30 | 0.43 | 0.46 | 0.19 | 0.11 | 0.10 |
Depreciation | 1.19 | 1.17 | 0.66 | 0.65 | 0.59 | 0.60 | 0.60 | 0.60 | 0.58 | 0.55 | 0.52 | 0.47 | 0.49 |
Profit before tax | -1.68 | -3.43 | -3.26 | -0.07 | -1.41 | -2.21 | -1.00 | -0.13 | -0.11 | 0.26 | 0.45 | 0.34 | -1.36 |
Tax % | 5.36% | -1.46% | -4.60% | -85.71% | -3.55% | -2.71% | 0.00% | 30.77% | 9.09% | -53.85% | -20.00% | -14.71% | |
-1.60 | -3.48 | -3.41 | -0.13 | -1.46 | -2.28 | -1.00 | -0.09 | -0.09 | 0.40 | 0.54 | 0.39 | -1.36 | |
EPS in Rs | -3.03 | -6.59 | -6.46 | -0.25 | -2.76 | -4.32 | -1.89 | -0.17 | -0.17 | 0.76 | 1.02 | 0.74 | -2.58 |
Dividend Payout % | 0.00% | 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: | -23% |
5 Years: | -14% |
3 Years: | -1% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 85% |
TTM: | -62% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 53% |
1 Year: | 80% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 120% |
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 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.28 | 5.28 | 5.28 | 5.28 | 5.28 |
Reserves | 5.87 | 2.39 | -1.02 | -1.18 | -2.65 | -4.92 | -5.92 | -6.01 | -6.09 | -5.69 | -5.15 | -4.76 | -6.18 |
8.70 | 6.72 | 5.86 | 4.71 | 8.04 | 4.76 | 4.19 | 6.32 | 5.47 | 4.90 | 1.84 | 2.00 | 1.20 | |
9.51 | 3.89 | 7.21 | 7.89 | 5.08 | 4.66 | 3.34 | 3.03 | 2.90 | 2.72 | 2.35 | 1.58 | 3.39 | |
Total Liabilities | 29.37 | 18.29 | 17.34 | 16.71 | 15.76 | 9.79 | 6.90 | 8.63 | 7.56 | 7.21 | 4.32 | 4.10 | 3.69 |
9.23 | 8.17 | 7.52 | 6.82 | 6.35 | 5.88 | 5.40 | 4.80 | 4.23 | 3.69 | 3.18 | 2.85 | 2.62 | |
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 | 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 |
20.14 | 10.12 | 9.82 | 9.89 | 9.41 | 3.91 | 1.50 | 3.83 | 3.33 | 3.52 | 1.14 | 1.25 | 1.07 | |
Total Assets | 29.37 | 18.29 | 17.34 | 16.71 | 15.76 | 9.79 | 6.90 | 8.63 | 7.56 | 7.21 | 4.32 | 4.10 | 3.69 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.52 | 1.14 | 1.69 | -2.72 | 1.11 | 1.30 | 0.58 | 0.50 | 0.69 | -5.00 | 0.82 | ||
0.60 | 0.06 | 0.59 | -0.32 | 0.93 | -0.07 | -2.36 | 0.85 | 0.25 | 8.07 | 0.06 | ||
-3.09 | -1.51 | -2.01 | 2.60 | -2.05 | -1.48 | 1.71 | -1.27 | -0.93 | -2.98 | -0.47 | ||
Net Cash Flow | -0.97 | -0.31 | 0.27 | -0.43 | -0.01 | -0.25 | -0.07 | 0.08 | 0.01 | 0.10 | 0.40 |
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 | 67.60 | 20.88 | 25.26 | 57.83 | 31.08 | 10.21 | 16.85 | 31.23 | 33.18 | 42.04 | 34.33 | 9.97 |
Inventory Days | 153.59 | 125.82 | 228.40 | 151.30 | 473.89 | 154.54 | 12.71 | |||||
Days Payable | 117.52 | 67.03 | 151.15 | 200.62 | 226.97 | 133.20 | 147.09 | |||||
Cash Conversion Cycle | 103.67 | 79.67 | 102.51 | 8.51 | 277.99 | 31.56 | -117.53 | 31.23 | 33.18 | 42.04 | 34.33 | 9.97 |
Working Capital Days | 79.22 | 51.78 | 16.92 | 5.49 | 98.52 | 16.00 | -104.82 | -204.95 | -183.48 | -149.06 | -48.79 | -179.51 |
ROCE % | -1.02% | -11.09% | -18.18% | 8.87% | -4.51% | -22.52% | -5.29% | 3.71% | 6.24% | 15.74% | 19.81% | 20.04% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Meeting Updates
18 Apr - Proceedings of Extra-Ordinary General meeting of the Company held on Thursday 18th April, 2024 at the registered office of the Company
- Intimation Of Special Resolution Under Regulation 30 Of SEBI (LODR) Regulations, 2015 18 Apr
- Disclosure Under Regulation 30 Of Securities Exchange Board Of India (LODR) Regulations, 2015 In Respect Of Sale Or Disposal Of Unit Of The Company 18 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Apr
- Shareholder Meeting / Postal Ballot-Outcome of EGM 18 Apr
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 2012
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Financial Year 2011
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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Product Profile:[1]
a) Precision Automotive Mechanical Tubes
b) Hydraulic Fuel Injection Tubes
c) Heat Exchanger Tubes
d) Bearings Tubes
e) Condenser Tubes
f) Boiler Tubes
g) Automotive Component Tubing
h) Super Heater Tubes
i) Heavy Walled Axle Shafts Tubes
j) Piston Tubes
k) Pneumatic Tubes