Multibase India Ltd
Incorporated in 1991, Multibase India Ltd manufactures, trades and sells of polypropylene compound, thermoplastic elastomer, silicon master batch and thermoplastic master
batch[1]
- Market Cap ₹ 508 Cr.
- Current Price ₹ 402
- High / Low ₹ 622 / 219
- Stock P/E 34.0
- Book Value ₹ 110
- Dividend Yield 13.2 %
- ROCE 11.6 %
- ROE 8.58 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 13.2%.
- Company has been maintaining a healthy dividend payout of 26.6%
Cons
- Stock is trading at 3.65 times its book value
- The company has delivered a poor sales growth of -10.0% over past five years.
- Company has a low return on equity of 7.43% over last 3 years.
- Earnings include an other income of Rs.8.28 Cr.
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 55 | 62 | 70 | 86 | 109 | 110 | 60 | 53 | 62 | 72 | 65 | 68 | |
39 | 47 | 51 | 56 | 68 | 80 | 90 | 53 | 47 | 56 | 63 | 56 | 55 | |
Operating Profit | 6 | 7 | 10 | 14 | 19 | 29 | 20 | 7 | 7 | 7 | 10 | 8 | 13 |
OPM % | 14% | 13% | 17% | 20% | 22% | 26% | 18% | 11% | 13% | 11% | 13% | 13% | 19% |
1 | 1 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 3 | 5 | 8 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 7 | 8 | 11 | 15 | 20 | 30 | 22 | 10 | 10 | 9 | 13 | 15 | 20 |
Tax % | 31% | 33% | 34% | 35% | 35% | 35% | 30% | 24% | 32% | 27% | 26% | 26% | |
4 | 5 | 7 | 10 | 13 | 20 | 15 | 8 | 7 | 6 | 10 | 11 | 15 | |
EPS in Rs | 3.56 | 4.03 | 5.72 | 7.83 | 10.52 | 15.49 | 12.17 | 5.97 | 5.32 | 5.02 | 7.76 | 8.84 | 11.83 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 38% | 20% | 26% | 34% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -10% |
3 Years: | 7% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | -6% |
3 Years: | 18% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 28% |
3 Years: | 19% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 16 | 21 | 29 | 38 | 52 | 71 | 87 | 94 | 101 | 105 | 113 | 122 | 126 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
7 | 7 | 6 | 8 | 12 | 32 | 12 | 10 | 12 | 12 | 11 | 10 | 14 | |
Total Liabilities | 36 | 41 | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 153 |
5 | 5 | 5 | 8 | 9 | 10 | 10 | 11 | 10 | 11 | 11 | 12 | 12 | |
CWIP | 0 | 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 | 0 |
32 | 36 | 42 | 51 | 68 | 106 | 101 | 106 | 115 | 119 | 126 | 133 | 141 | |
Total Assets | 36 | 41 | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 153 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 3 | 7 | 7 | 5 | 25 | 5 | 20 | 10 | 5 | 9 | 5 | |
-2 | 1 | -9 | 7 | 4 | -30 | 32 | -0 | 2 | 1 | 3 | 4 | |
-0 | -0 | 0 | 0 | 0 | 0 | -10 | 10 | 0 | -2 | -1 | -3 | |
Net Cash Flow | -3 | 3 | -1 | 14 | 8 | -5 | 26 | 31 | 12 | 3 | 10 | 6 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 71 | 60 | 67 | 81 | 80 | 61 | 71 | 77 | 64 | 58 | 51 |
Inventory Days | 126 | 105 | 84 | 106 | 128 | 132 | 83 | 106 | 123 | 103 | 61 | 95 |
Days Payable | 77 | 52 | 36 | 52 | 66 | 157 | 43 | 72 | 101 | 79 | 55 | 54 |
Cash Conversion Cycle | 125 | 124 | 108 | 120 | 144 | 56 | 101 | 106 | 98 | 88 | 64 | 91 |
Working Capital Days | 134 | 120 | 105 | 103 | 121 | 72 | 131 | 98 | 90 | 78 | 62 | 77 |
ROCE % | 25% | 24% | 29% | 33% | 35% | 40% | 24% | 10% | 9% | 8% | 11% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
26 Nov - Appointment of new Managing Director and CFO.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
26 Nov - Appointment of new Managing Director and CFO.
-
Announcement under Regulation 30 (LODR)-Change in Management
26 Nov - Appointment of new Managing Director and CFO.
-
Disclosure Under Regulation 30(5) Of SEBI Listing Regulations
26 Nov - Board authorized persons for materiality disclosures.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On November 26, 2024
26 Nov - Appointment of new Managing Director and CFO.
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
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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