Foseco Crucible (India) Ltd
Incorporated in 1986, Morganite Crucible (India) Ltd manufactures and sells silicon carbide and clay graphite crucibles and its accessories[1]
- Market Cap ₹ 756 Cr.
- Current Price ₹ 1,350
- High / Low ₹ 1,964 / 1,155
- Stock P/E 51.6
- Book Value ₹ 157
- Dividend Yield 3.64 %
- ROCE 29.6 %
- ROE 18.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.65%.
- Promoter holding has increased by 1.77% over last quarter.
Cons
- Stock is trading at 8.59 times its book value
- The company has delivered a poor sales growth of 2.29% 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
Industrials Capital Goods Industrial Products Electrodes & Refractories
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 26 | 28 | 41 | 66 | 83 | 99 | 100 | 101 | 110 | 110 | 111 | |
| 22 | 24 | 36 | 51 | 66 | 78 | 78 | 83 | 90 | 86 | 83 | |
| Operating Profit | 4 | 4 | 5 | 15 | 16 | 22 | 22 | 18 | 20 | 24 | 29 |
| OPM % | 15% | 15% | 12% | 23% | 20% | 22% | 22% | 18% | 18% | 22% | 26% |
| 1 | 0 | 4 | 2 | 1 | 1 | 1 | 2 | 1 | 3 | 2 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 4 | 4 | 4 | 5 | 6 | 9 | 8 | 5 |
| Profit before tax | 2 | 2 | 5 | 11 | 12 | 18 | 18 | 14 | 11 | 18 | 26 |
| Tax % | 42% | 50% | 34% | 31% | 45% | 36% | 40% | 39% | 48% | 43% | 37% |
| 1 | 1 | 4 | 8 | 7 | 12 | 11 | 9 | 6 | 10 | 16 | |
| EPS in Rs | 1.86 | 1.52 | 5.27 | 12.91 | 10.21 | 18.27 | 17.18 | 15.09 | 10.29 | 17.84 | 25.93 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 3% | 3% | 3% | 5% | 11% | 15% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 7% |
| 3 Years: | 20% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 16% |
| 3 Years: | 14% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 12 | 13 | 16 | 23 | 29 | 39 | 48 | 56 | 62 | 70 | 85 |
| 8 | 10 | 20 | 15 | 10 | 5 | 0 | 0 | 0 | 0 | 0 | |
| 7 | 11 | 29 | 31 | 33 | 37 | 40 | 40 | 27 | 31 | 30 | |
| Total Liabilities | 30 | 37 | 68 | 72 | 75 | 84 | 91 | 99 | 92 | 104 | 118 |
| 15 | 15 | 34 | 32 | 32 | 30 | 29 | 31 | 26 | 24 | 25 | |
| CWIP | 1 | 7 | 1 | 1 | 0 | 1 | 0 | 0 | 1 | 3 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 14 | 15 | 33 | 39 | 43 | 53 | 62 | 68 | 65 | 77 | 91 | |
| Total Assets | 30 | 37 | 68 | 72 | 75 | 84 | 91 | 99 | 92 | 104 | 118 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 4 | 6 | 10 | 16 | 8 | 15 | 7 | 3 | 19 | 25 | |
| -12 | -7 | -16 | -2 | -7 | -4 | -5 | -4 | -1 | -17 | -8 | |
| 5 | 1 | 8 | -5 | -6 | -7 | -5 | -0 | -0 | -0 | -1 | |
| Net Cash Flow | -3 | -2 | -1 | 4 | 4 | -3 | 4 | 2 | 2 | 2 | 16 |
| Free Cash Flow | -7 | -3 | -10 | 8 | 13 | 5 | 11 | 2 | 2 | 14 | 18 |
| CFO/OP | 124% | 127% | 152% | 89% | 123% | 67% | 108% | 75% | 50% | 107% | 122% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 76 | 79 | 66 | 52 | 64 | 62 | 61 | 52 | 59 | 60 |
| Inventory Days | 160 | 217 | 355 | 239 | 157 | 168 | 167 | 152 | 155 | 168 | 172 |
| Days Payable | 0 | 277 | 545 | 377 | 226 | 218 | 243 | 227 | 146 | 126 | 141 |
| Cash Conversion Cycle | 226 | 15 | -111 | -72 | -17 | 13 | -14 | -15 | 61 | 101 | 91 |
| Working Capital Days | 83 | 66 | 55 | 38 | -19 | 11 | 28 | 39 | 65 | 68 | 60 |
| ROCE % | 12% | 19% | 30% | 31% | 38% | 34% | 24% | 17% | 25% | 30% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Africa and Middle East Revenue as % of Total Revenue % of total revenue |
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| Europe Revenue as % of Total Revenue % of total revenue |
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| Export Revenue as % of Total Revenue % of total revenue |
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| Number of Operational Manufacturing Plants plants |
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| Total Employees on Rolls employees |
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| Employee Turnover Ratio % |
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| Market Share in Indian Crucible Industry % |
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Extracted by Screener AI
Documents
Announcements
- Closure of Trading Window 29 Jun
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Intimation Of Completion Of The Sale Of Certain Equity Shares Of Face Value Of INR 5 Each ('Equity Shares') Of Foseco Crucible (India) Limited (Formerly Known As Morganite Crucible (India) Limited) ('Company') By Its Promoter, Foseco India Limited, In The Open Market For Achieving Minimum Public Shareholding By The Company.
22 Jun - Promoter sold 99,081 shares (1.77%) on June 22, 2026; minimum public shareholding achieved.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Submitted Annual Secretarial Compliance Report for FY ended 31 March 2026; noted minor compliance delays and one penalty.
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Intimation Of Proposed Sale Of Certain Equity Shares Of The Company By The Holding Company Foseco India Limited In The Open Market To Achieve Minimum Public Shareholding
15 May - Promoter Foseco India to sell up to 99,081 shares (1.77%) from 18 May 2026 to 31 March 2027.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May
Annual reports
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Financial Year 2025
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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
from bse
Concalls
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Dec 2023TranscriptPPT
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Dec 2023TranscriptPPT
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Dec 2022TranscriptPPT
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Jul 2022TranscriptPPT
Business Overview:[1]
MCIL is a part of Morgan Advanced
Materials Plc, a UK-based Group. It is a manufacturer of high-performance crucibles, foundry consumables, and allied refractory products. It supplies crucibles to non-ferrous metals industries and specializes in providing melting solutions to foundries, die-casters, and metal melting facilities covering applications including Zinc, Precious Metals, Aluminium, Copper/Brass/Bronze, and other non-ferrous metals