Marsons Ltd
Incorporated in 1976, Marsons Ltd
is engaged in manufacturing of transformers in the capacity range of 100 MVA 132KV class[1]
- Market Cap ₹ 3,445 Cr.
- Current Price ₹ 200
- High / Low ₹ 356 / 37.5
- Stock P/E 177
- Book Value ₹ 6.23
- Dividend Yield 0.00 %
- ROCE 3.14 %
- ROE 7.31 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 32.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -34.8% over last 3 years.
- Company has high debtors of 827 days.
- Promoter holding has decreased over last 3 years: -42.7%
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 9m | Jun 2015 15m | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
51 | 55 | 72 | 103 | 100 | 17 | 0 | 0 | 0 | 2 | 5 | 6 | 116 | |
42 | 46 | 64 | 90 | 97 | 64 | 20 | 1 | 1 | 2 | 4 | 5 | 101 | |
Operating Profit | 9 | 8 | 8 | 13 | 3 | -47 | -19 | -1 | -1 | 0 | 1 | 1 | 16 |
OPM % | 17% | 15% | 11% | 12% | 3% | -283% | -5,506% | -176% | 1% | 23% | 18% | 13% | |
1 | 1 | 5 | 1 | 1 | -8 | -1 | -0 | 0 | 0 | 6 | 0 | 5 | |
Interest | 8 | 7 | 14 | 8 | 10 | 5 | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
Depreciation | 1 | 1 | 4 | 3 | 2 | 5 | 3 | 2 | 2 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 1 | -5 | 3 | -8 | -65 | -23 | -3 | -2 | -1 | 3 | 1 | 19 |
Tax % | -108% | 74% | -1% | -21% | 22% | 0% | -8% | 0% | 0% | 0% | 0% | 0% | |
1 | 0 | -5 | 4 | -10 | -65 | -22 | -3 | -2 | -1 | 3 | 1 | 19 | |
EPS in Rs | 0.30 | 0.10 | -1.90 | 1.66 | -3.98 | -25.90 | -8.63 | -0.24 | -0.18 | -0.10 | 0.26 | 0.04 | 1.13 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -19% |
5 Years: | 79% |
3 Years: | 170% |
TTM: | 2116% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 15% |
3 Years: | 32% |
TTM: | 437% |
Stock Price CAGR | |
---|---|
10 Years: | 46% |
5 Years: | 116% |
3 Years: | 161% |
1 Year: | 185% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -35% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 12 | 12 | 12 | 12 | 14 | 17 |
Reserves | 28 | 28 | 23 | 27 | -8 | -72 | -94 | -9 | -11 | -13 | -9 | 0 | 90 |
40 | 49 | 67 | 71 | 76 | 86 | 84 | 22 | 23 | 23 | 15 | 9 | 5 | |
94 | 85 | 44 | 102 | 44 | 37 | 23 | 0 | 1 | 1 | 6 | 6 | 20 | |
Total Liabilities | 187 | 187 | 160 | 226 | 137 | 76 | 38 | 26 | 25 | 23 | 23 | 30 | 132 |
26 | 25 | 33 | 30 | 29 | 24 | 21 | 19 | 17 | 16 | 13 | 13 | 12 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 10 | 10 | 10 | 37 | 12 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 45 |
149 | 150 | 117 | 158 | 96 | 49 | 17 | 7 | 8 | 7 | 10 | 17 | 74 | |
Total Assets | 187 | 187 | 160 | 226 | 137 | 76 | 38 | 26 | 25 | 23 | 23 | 30 | 132 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | -2 | -3 | 27 | 4 | -7 | 1 | -13 | -0 | 0 | 0 | -4 | |
-1 | 0 | -6 | -25 | -1 | 1 | -0 | 3 | 0 | 0 | 8 | -0 | |
-5 | 2 | 8 | -3 | -4 | 5 | -2 | 10 | 0 | -0 | -8 | 4 | |
Net Cash Flow | 1 | -0 | -1 | -1 | -0 | -0 | -1 | 0 | 0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 558 | 550 | 321 | 372 | 144 | 907 | 10,126 | 7,864 | 1,586 | 756 | 827 | |
Inventory Days | 637 | 528 | 301 | 313 | 200 | 2 | 0 | 78 | 39 | 100 | ||
Days Payable | 916 | 685 | 159 | 537 | 127 | 190 | 965 | 302 | 240 | |||
Cash Conversion Cycle | 280 | 393 | 462 | 147 | 217 | 720 | 10,126 | 7,864 | 700 | 493 | 687 | |
Working Capital Days | 352 | 405 | 359 | 194 | 195 | 274 | -6,017 | 7,499 | 1,455 | 333 | 581 | |
ROCE % | 10% | 8% | 8% | 2% | -77% | -76% | -14% | -9% | -5% | 1% | 3% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 22h
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
23h - EGM held on 23 May 2025; appointment of Mr. Debashis Sarkar as Non-Executive Director regularized.
-
Board Meeting Intimation for Consideration And Approval Of Audited Financial Results Of The Company For The Quarter/ Year Ended 31St March 2025
19 May - Board meeting on May 30 to approve audited results; trading window closed Apr 1-Jun 1.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
19 May - Marsons received ₹52.35 Cr LOI for 56 power transformers from UP Govt entity, execution in 6-8 months.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 13 May
Annual reports
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Financial Year 2024
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Business Overview:[1][2]
MSL is an ISO 9001:2008 certified and
CPRI, ERDA, and NABL accredited, multi
product and service organization engaged
in manufacturing, supplying, erecting, testing, and commissioning of Power and Distribution transformers of various ratings, which include 10 KVA, 50 MVA 132 kV class, up to the range of 160 MVA 220 kV class.