Multibase India Ltd

Multibase India Ltd

₹ 185 -2.12%
02 Jun - close price
About

Incorporated in 1991, Multibase India Ltd manufactures, trades and sells of polypropylene compound, thermoplastic elastomer, silicon master batch and thermoplastic master
batch[1]

Key Points

Business Overview:[1]
MBIL is a part of Multibase SA, subsidiary of DDP Speciality Products India Pvt Ltd. It manufactures thermoplastic elastomers and silicone-based products used in automotive, building and construction segments

  • Market Cap 234 Cr.
  • Current Price 185
  • High / Low 301 / 156
  • Stock P/E 22.4
  • Book Value 70.5
  • Dividend Yield 28.6 %
  • ROCE 16.7 %
  • ROE 12.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of 4.49% over past five years.
  • Company has a low return on equity of 11.3% over last 3 years.
  • Debtor days have increased from 59.0 to 74.2 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
18.04 18.08 16.26 15.74 14.65 19.23 18.42 17.15 15.95 16.76 18.53 13.53 17.76
12.81 16.16 15.17 13.60 11.48 15.63 14.41 14.78 11.15 14.31 15.15 9.67 15.98
Operating Profit 5.23 1.92 1.09 2.14 3.17 3.60 4.01 2.37 4.80 2.45 3.38 3.86 1.78
OPM % 28.99% 10.62% 6.70% 13.60% 21.64% 18.72% 21.77% 13.82% 30.09% 14.62% 18.24% 28.53% 10.02%
1.65 1.67 1.78 1.88 2.45 1.93 2.02 1.13 0.98 0.87 0.77 0.84 1.16
Interest 0.05 0.02 0.00 0.00 0.08 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
Depreciation 0.16 0.31 0.20 0.25 0.26 0.27 0.28 0.29 0.30 0.24 0.28 0.29 0.35
Profit before tax 6.67 3.26 2.67 3.77 5.28 5.26 5.75 3.21 5.47 3.08 3.87 4.41 2.59
Tax % 25.64% 25.46% 24.72% 27.06% 25.38% 25.48% 25.39% 25.86% 25.41% 25.32% 25.84% 25.62% 22.78%
4.96 2.44 2.01 2.76 3.95 3.92 4.29 2.38 4.07 2.30 2.86 3.28 1.99
EPS in Rs 3.93 1.93 1.59 2.19 3.13 3.11 3.40 1.89 3.23 1.82 2.27 2.60 1.58
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
62 70 86 109 110 60 53 62 72 65 71 67
51 56 68 80 90 53 47 56 63 56 56 55
Operating Profit 10 14 19 29 20 7 7 7 10 8 15 11
OPM % 17% 20% 22% 26% 18% 11% 13% 11% 13% 13% 21% 17%
1 2 2 2 3 4 4 3 5 8 6 4
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 11 15 20 30 22 10 10 9 13 15 20 14
Tax % 34% 35% 35% 35% 30% 24% 32% 27% 26% 26% 26% 25%
7 10 13 20 15 8 7 6 10 11 15 10
EPS in Rs 5.72 7.83 10.52 15.49 12.17 5.97 5.32 5.02 7.76 8.84 11.61 8.26
Dividend Payout % 0% 0% 0% 0% 0% 0% 38% 20% 26% 34% 457% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 4%
3 Years: -3%
TTM: -6%
Compounded Profit Growth
10 Years: 1%
5 Years: 9%
3 Years: 2%
TTM: -29%
Stock Price CAGR
10 Years: -2%
5 Years: -2%
3 Years: -8%
1 Year: -37%
Return on Equity
10 Years: 12%
5 Years: 9%
3 Years: 11%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 29 38 52 71 87 94 101 105 113 122 66 76
0 0 0 0 0 0 0 0 0 0 0 0
6 8 12 32 12 10 12 12 11 10 10 14
Total Liabilities 47 59 77 116 111 117 126 130 137 144 89 103
5 8 9 10 10 11 10 11 11 12 13 13
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
42 51 68 106 101 106 115 119 126 133 76 90
Total Assets 47 59 77 116 111 117 126 130 137 144 89 103

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
7 7 5 25 5 20 10 5 9 5 6 13
-9 7 4 -30 32 -0 2 1 3 4 3 1
0 0 0 0 -10 10 0 -2 -1 -3 -71 0
Net Cash Flow -1 14 8 -5 26 31 12 3 10 6 -62 14
Free Cash Flow 6 4 3 23 4 19 9 3 8 3 4 11
CFO/OP 105% 89% 57% 128% 59% 347% 166% 101% 128% 106% 71% 138%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 60 67 81 80 61 71 77 64 58 51 52 74
Inventory Days 84 106 128 132 83 106 123 103 61 95 116 94
Days Payable 36 52 66 157 43 72 101 79 55 54 40 69
Cash Conversion Cycle 108 120 144 56 101 106 98 88 64 91 128 99
Working Capital Days 105 103 121 72 131 98 90 78 62 77 85 72
ROCE % 29% 33% 35% 40% 24% 10% 9% 8% 11% 12% 19% 17%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
Number

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Solar Plant Capacity
KWp
Solar Power Emission Reduction
MT/Year
Revenue Contribution - Automotive Safety (Airbag Cover)
%
Revenue Contribution - Silicon Masterbatch
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.33% 0.33% 0.33% 0.33% 0.17% 0.17% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00%
24.68% 24.67% 24.68% 24.66% 24.82% 24.83% 24.82% 25.00% 25.00% 25.00% 25.00% 25.00%
No. of Shareholders 8,1388,5788,6558,6379,1379,24217,55719,51619,91519,85519,75520,295

* 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.

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