Multibase India Ltd

Multibase India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Multibase India Ltd

₹ 264 -1.40%
19 Apr - close price
multibaseindia.com BSE: 526169
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 Dow Corning Corporation. It manufactures thermoplastic elastomers and silicone-based products used in automotive, building and construction segments

Website BSE
  • Market Cap ₹ 333 Cr.
  • Current Price ₹ 264
  • High / Low ₹ 295 / 177
  • Stock P/E 27.3
  • Book Value ₹ 101
  • Dividend Yield 0.76 %
  • ROCE 10.9 %
  • ROE 8.05 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 27.8%

Cons

  • Stock is trading at 2.60 times its book value
  • The company has delivered a poor sales growth of -7.83% over past five years.
  • Company has a low return on equity of 6.57% over last 3 years.
  • Earnings include an other income of Rs.6.98 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

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Quarterly Results

Figures in Rs. Crores

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
17.61 17.22 14.92 14.94 13.81 18.81 18.20 18.98 16.99 18.04 18.08 16.26 15.74
14.18 14.56 13.37 13.63 12.81 15.95 16.97 17.72 15.08 12.81 16.16 15.17 13.60
Operating Profit 3.43 2.66 1.55 1.31 1.00 2.86 1.23 1.26 1.91 5.23 1.92 1.09 2.14
OPM % 19.48% 15.45% 10.39% 8.77% 7.24% 15.20% 6.76% 6.64% 11.24% 28.99% 10.62% 6.70% 13.60%
0.73 1.35 0.60 0.71 0.76 0.84 0.88 1.18 0.88 1.65 1.67 1.78 1.88
Interest 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.05 0.02 0.00 0.00
Depreciation 0.24 0.25 0.23 0.24 0.24 0.23 0.28 0.27 0.29 0.16 0.31 0.20 0.25
Profit before tax 3.92 3.76 1.92 1.78 1.52 3.41 1.83 2.17 2.50 6.67 3.26 2.67 3.77
Tax % 22.45% 45.21% 25.52% 25.84% 27.63% 27.27% 25.14% 26.73% 25.20% 25.64% 25.46% 24.72% 27.06%
3.04 2.06 1.44 1.32 1.10 2.47 1.37 1.58 1.87 4.96 2.44 2.01 2.76
EPS in Rs 2.41 1.63 1.14 1.05 0.87 1.96 1.09 1.25 1.48 3.93 1.93 1.59 2.19
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
40 45 55 62 70 86 109 110 60 53 62 72 68
36 39 47 51 56 68 80 90 53 47 56 63 58
Operating Profit 3 6 7 10 14 19 29 20 7 7 7 10 10
OPM % 9% 14% 13% 17% 20% 22% 26% 18% 11% 13% 11% 13% 15%
0 1 1 1 2 2 2 3 4 4 3 5 7
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 1 1 1 1 1 1 1 1 1 1
Profit before tax 3 7 8 11 15 20 30 22 10 10 9 13 16
Tax % 34% 31% 33% 34% 35% 35% 35% 30% 24% 32% 27% 26%
2 4 5 7 10 13 20 15 8 7 6 10 12
EPS in Rs 1.74 3.56 4.03 5.72 7.83 10.52 15.49 12.17 5.97 5.32 5.02 7.76 9.64
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 38% 20% 26%
Compounded Sales Growth
10 Years: 5%
5 Years: -8%
3 Years: 7%
TTM: -7%
Compounded Profit Growth
10 Years: 8%
5 Years: -13%
3 Years: 9%
TTM: 67%
Stock Price CAGR
10 Years: 17%
5 Years: -8%
3 Years: 15%
1 Year: 42%
Return on Equity
10 Years: 13%
5 Years: 8%
3 Years: 7%
Last Year: 8%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 12 16 21 29 38 52 71 87 94 101 105 113 115
0 0 0 0 0 0 0 0 0 0 0 0 0
10 7 7 6 8 12 32 12 10 12 12 11 14
Total Liabilities 34 36 41 47 59 77 116 111 117 126 130 137 142
4 5 5 5 8 9 10 10 11 10 11 11 11
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
30 32 36 42 51 68 106 101 106 115 119 126 131
Total Assets 34 36 41 47 59 77 116 111 117 126 130 137 142

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 -0 3 7 7 5 25 5 20 10 5 9
-0 -2 1 -9 7 4 -30 32 -0 2 1 3
-1 -0 -0 0 0 0 0 -10 10 0 -2 -1
Net Cash Flow 1 -3 3 -1 14 8 -5 26 31 12 3 10

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 63 76 71 60 67 81 80 61 71 77 64 58
Inventory Days 108 126 105 84 106 128 132 83 106 123 103 61
Days Payable 98 77 52 36 52 66 157 43 72 101 79 55
Cash Conversion Cycle 73 125 124 108 120 144 56 101 106 98 88 64
Working Capital Days 116 134 120 105 103 121 72 131 98 90 78 62
ROCE % 15% 25% 24% 29% 33% 35% 40% 24% 10% 9% 8% 11%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
1.03% 1.03% 1.03% 1.03% 1.03% 1.03% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33%
23.97% 23.97% 23.97% 23.97% 23.97% 23.98% 24.67% 24.68% 24.68% 24.67% 24.68% 24.66%
No. of Shareholders 8,6618,3288,2518,4588,4008,4318,3918,2378,1388,5788,6558,637

* 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

Announcements

Annual reports