Magna Electro Castings Ltd

Magna Electrocas Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Magna Electro Castings Ltd

₹ 1,099 3.23%
10 Jun - close price
magnacast.com BSE: 517449
About

Incorporated in 1990, Magna Electro Castings Ltd manufactures and sells Cast Iron Components[1]

Key Points

Business Overview:[1]
MECL is in the business of manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide. It specializes in manufacturing Ductile Iron and Gray Iron casting in the range of 300 grams to a maximum of 2000 Kg. Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities. It supplies safety requirement components in the casting and fully machined forms

Website BSE
  • Market Cap ₹ 465 Cr.
  • Current Price ₹ 1,099
  • High / Low ₹ 1,299 / 436
  • Stock P/E 20.1
  • Book Value ₹ 306
  • Dividend Yield 0.45 %
  • ROCE 25.2 %
  • ROE 19.4 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 28.2% CAGR over last 5 years

Cons

* 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

Industrials Capital Goods Industrial Products Castings & Forgings

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
34.82 43.07 46.12 38.63 36.82 35.39 36.81 35.15 36.35 42.16 45.64 43.14 45.51
33.56 36.51 37.66 32.54 32.26 29.62 31.12 29.49 30.09 32.53 35.91 35.72 38.08
Operating Profit 1.26 6.56 8.46 6.09 4.56 5.77 5.69 5.66 6.26 9.63 9.73 7.42 7.43
OPM % 3.62% 15.23% 18.34% 15.76% 12.38% 16.30% 15.46% 16.10% 17.22% 22.84% 21.32% 17.20% 16.33%
1.13 0.18 1.99 0.33 0.80 0.33 0.44 0.33 0.49 0.53 0.50 0.31 0.39
Interest 0.12 0.22 0.00 0.06 0.06 0.07 0.01 0.07 0.06 0.01 0.01 0.08 0.17
Depreciation 1.05 1.41 1.41 1.26 1.43 1.04 1.09 1.08 1.15 1.12 1.20 1.15 1.17
Profit before tax 1.22 5.11 9.04 5.10 3.87 4.99 5.03 4.84 5.54 9.03 9.02 6.50 6.48
Tax % 9.02% 25.44% 25.33% 25.10% 28.94% 25.45% 25.05% 27.07% 26.35% 25.58% 25.61% 25.23% 25.77%
1.10 3.81 6.75 3.81 2.75 3.72 3.77 3.53 4.09 6.72 6.72 4.86 4.82
EPS in Rs 2.60 9.00 15.95 9.00 6.50 8.79 8.91 8.34 9.66 15.88 15.88 11.48 11.39
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
75 102 93 79 93 123 96 98 136 165 144 176
61 87 79 65 81 105 85 88 122 139 120 142
Operating Profit 14 15 14 14 12 18 11 10 14 26 23 34
OPM % 19% 15% 15% 18% 13% 14% 11% 10% 10% 16% 16% 19%
1 0 1 1 0 3 2 1 2 3 2 2
Interest 3 2 1 1 0 0 0 0 0 0 0 0
Depreciation 7 4 5 5 5 5 4 4 5 6 4 5
Profit before tax 6 8 9 9 8 15 9 7 10 23 20 31
Tax % 19% 35% 27% 19% 13% 24% 21% 26% 25% 26% 26% 26%
5 5 7 7 7 11 7 5 8 17 15 23
EPS in Rs 10.08 11.85 14.51 15.97 14.97 24.88 14.60 12.24 18.27 40.45 35.70 54.63
Dividend Payout % 16% 15% 14% 13% 13% 20% 17% 12% 14% 7% 14% 11%
Compounded Sales Growth
10 Years: 6%
5 Years: 13%
3 Years: 9%
TTM: 23%
Compounded Profit Growth
10 Years: 16%
5 Years: 28%
3 Years: 44%
TTM: 53%
Stock Price CAGR
10 Years: 25%
5 Years: 60%
3 Years: 87%
1 Year: 145%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 18%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 5 5 5 5 5 5 5 4 4 4 4 4
Reserves 32 36 42 50 56 66 69 67 74 90 104 125
20 20 10 5 3 0 0 0 5 0 0 11
19 21 20 15 18 19 15 20 24 25 20 42
Total Liabilities 75 83 76 75 82 90 89 91 107 119 128 183
41 41 42 39 37 33 33 31 32 40 43 50
CWIP 0 0 0 0 0 0 0 2 1 1 1 41
Investments 0 0 0 0 0 0 0 0 0 1 1 1
34 42 34 36 45 57 56 58 74 76 83 90
Total Assets 75 83 76 75 82 90 89 91 107 119 128 183

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
8 10 9 7 3 7 9 9 -1 20 8 40
-2 -4 -6 -1 -2 -1 -4 -4 -3 -12 -6 -50
-5 -5 -3 -6 -2 -5 -4 -8 4 -6 -2 9
Net Cash Flow 0 0 0 1 -1 1 1 -2 -0 1 0 -1

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 96 90 75 95 112 92 91 109 105 85 92 112
Inventory Days 101 63 72 95 92 78 107 73 79 56 85 86
Days Payable 172 128 148 161 148 124 125 91 81 74 64 186
Cash Conversion Cycle 26 25 -1 29 56 45 74 91 103 66 113 12
Working Capital Days 67 71 53 90 109 95 102 91 95 65 84 73
ROCE % 15% 18% 18% 16% 13% 23% 12% 10% 14% 24% 20% 25%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38% 53.42%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05%
46.61% 46.62% 46.63% 46.62% 46.63% 46.62% 46.62% 46.61% 46.62% 46.62% 46.57% 46.54%
No. of Shareholders 3,7453,8823,7443,7153,8064,5454,8675,0125,0415,2765,1145,138

* 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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