Martin Burn Ltd

Martin Burn Ltd

₹ 49.4 0.41%
17 May - close price
About

Incorporated in 1946, Martin Burn Ltd is engaged in the activities of Work Contract Job & Real Estate development in Kolkata region

Key Points

Business Overview:[1]
Company is involved in all real estate activities from acquisition of land, obtaining approvals, project planning and execution, launch, sales & marketing to final delivery of developed property to its customers.

  • Market Cap 25.5 Cr.
  • Current Price 49.4
  • High / Low 74.6 / 31.2
  • Stock P/E 16.2
  • Book Value 97.2
  • Dividend Yield 0.00 %
  • ROCE 3.69 %
  • ROE 2.01 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.51 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -29.6% over past five years.
  • Company has a low return on equity of 1.39% over last 3 years.
  • Earnings include an other income of Rs.5.10 Cr.
  • Company has high debtors of 390 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: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
0.07 0.07 0.07 0.08 0.42 0.07 0.07 0.08 0.07 0.07 0.08 0.20 0.08
0.79 1.61 0.56 0.70 1.25 1.58 0.67 0.96 0.55 0.88 0.40 0.74 0.60
Operating Profit -0.72 -1.54 -0.49 -0.62 -0.83 -1.51 -0.60 -0.88 -0.48 -0.81 -0.32 -0.54 -0.52
OPM % -1,028.57% -2,200.00% -700.00% -775.00% -197.62% -2,157.14% -857.14% -1,100.00% -685.71% -1,157.14% -400.00% -270.00% -650.00%
0.98 1.60 0.96 2.27 1.61 1.96 1.45 1.16 1.25 1.32 1.22 1.23 1.33
Interest 0.22 0.22 0.22 0.21 0.20 0.18 0.23 0.21 0.23 0.23 0.22 0.25 0.22
Depreciation 0.07 0.06 0.06 0.06 0.06 0.06 0.05 0.05 0.05 0.05 0.04 0.05 0.07
Profit before tax -0.03 -0.22 0.19 1.38 0.52 0.21 0.57 0.02 0.49 0.23 0.64 0.39 0.52
Tax % -266.67% 50.00% 26.32% 23.91% 17.31% 90.48% 28.07% 50.00% 28.57% 0.00% 28.12% 0.00% 0.00%
-0.11 -0.11 0.14 1.04 0.43 0.02 0.41 0.02 0.35 0.22 0.46 0.39 0.52
EPS in Rs -0.21 -0.21 0.27 2.02 0.83 0.04 0.80 0.04 0.68 0.43 0.89 0.76 1.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Jun 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
2.75 3.23 1.66 0.38 3.78 0.97 1.68 0.42 0.64 0.27 0.64 0.29 0.43
3.53 5.54 3.51 2.70 7.79 2.23 3.55 4.83 3.23 3.44 4.07 3.06 2.62
Operating Profit -0.78 -2.31 -1.85 -2.32 -4.01 -1.26 -1.87 -4.41 -2.59 -3.17 -3.43 -2.77 -2.19
OPM % -28.36% -71.52% -111.45% -610.53% -106.08% -129.90% -111.31% -1,050.00% -404.69% -1,174.07% -535.94% -955.17% -509.30%
3.36 4.35 4.63 1.31 5.73 4.76 5.06 8.78 6.01 4.35 6.79 5.17 5.10
Interest 0.95 1.14 1.29 0.02 0.02 0.78 0.81 2.29 0.98 0.88 0.82 0.89 0.92
Depreciation 0.26 0.20 0.28 0.30 0.35 0.24 0.30 0.21 0.25 0.24 0.24 0.20 0.21
Profit before tax 1.37 0.70 1.21 -1.33 1.35 2.48 2.08 1.87 2.19 0.06 2.30 1.31 1.78
Tax % 13.14% 25.71% 28.10% -6.02% 25.93% 16.53% 18.27% 22.46% 21.46% -50.00% 29.13% 22.90%
1.19 0.52 0.87 -1.41 1.00 2.07 1.70 1.45 1.72 0.10 1.63 1.00 1.59
EPS in Rs 2.70 1.18 1.69 -2.74 1.94 4.02 3.30 2.81 3.34 0.19 3.16 1.94 3.09
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 15.88% 18.62% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -30%
3 Years: -23%
TTM: 48%
Compounded Profit Growth
10 Years: %
5 Years: -10%
3 Years: -17%
TTM: 99%
Stock Price CAGR
10 Years: 12%
5 Years: 9%
3 Years: 8%
1 Year: 13%
Return on Equity
10 Years: 3%
5 Years: 2%
3 Years: 1%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Jun 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.40 4.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40 5.40
Reserves 32.23 32.67 35.69 34.19 35.11 37.12 38.73 40.36 41.77 41.39 42.98 43.87 44.70
7.87 7.51 7.04 6.49 7.73 7.44 10.15 9.84 10.12 10.41 9.74 10.11 9.80
38.09 46.91 48.24 43.04 42.14 44.24 45.93 41.30 43.75 43.22 41.62 40.84 41.69
Total Liabilities 82.59 91.49 96.37 89.12 90.38 94.20 100.21 96.90 101.04 100.42 99.74 100.22 101.59
22.36 22.43 22.39 21.98 21.94 21.64 21.33 21.34 21.12 20.95 20.67 20.39 20.39
CWIP 0.00 0.08 0.16 0.41 0.53 0.57 8.21 8.24 8.45 10.45 10.47 10.92 10.92
Investments 0.27 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.00 1.59 1.93
59.96 68.98 73.82 66.73 67.83 71.99 70.67 67.32 71.47 69.02 68.60 67.32 68.35
Total Assets 82.59 91.49 96.37 89.12 90.38 94.20 100.21 96.90 101.04 100.42 99.74 100.22 101.59

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Jun 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.89 5.45 -2.39 0.25 0.59 0.80 3.75 -11.87 -4.66 0.23 6.50 -1.27
-0.17 -0.15 -0.33 -0.48 -0.39 0.00 -0.07 2.45 3.86 -0.42 -3.94 0.71
-3.87 -5.07 2.66 0.04 0.08 -0.92 -3.72 11.24 1.09 -0.71 -1.69 -0.53
Net Cash Flow -1.15 0.23 -0.06 -0.19 0.28 -0.12 -0.04 1.83 0.29 -0.90 0.87 -1.09

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Jun 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 444.64 257.65 430.96 1,479.21 84.01 323.61 167.29 347.62 273.75 527.22 165.39 390.17
Inventory Days 221.21 109.79 557.53 12.05
Days Payable 1,541.11 600.25 1,271.48 6.89
Cash Conversion Cycle -875.26 -232.82 -282.99 1,479.21 89.17 323.61 167.29 347.62 273.75 527.22 165.39 390.17
Working Capital Days -3,996.42 -3,984.49 -8,590.69 -13,332.11 -1,561.39 9,606.65 8,360.24 33,710.36 25,681.17 56,926.48 18,888.75 41,660.34
ROCE % 5.18% 4.09% 5.35% 4.76% 1.97% 6.64% 5.51% 7.48% 5.55% 0.49% 5.24% 3.69%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.72% 65.72% 65.84% 65.84% 65.84% 65.84% 65.84% 65.84% 65.84% 65.84% 65.84% 65.84%
0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.05%
34.01% 34.01% 33.89% 33.89% 33.89% 33.87% 33.87% 33.88% 33.88% 33.87% 33.88% 33.87%
No. of Shareholders 8,4398,5018,4708,4548,4478,4678,4988,4988,4828,7108,6868,732

* 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