Morgan Ventures Ltd

Morgan Ventures Ltd

₹ 40.4 0.93%
28 Mar - close price
About

Incorporated in 1986, Morgan Ventures Ltd is a Non Banking Finance Company

Key Points

Services Offered:[1]
Company is in the business of fund based and Non Fund based Activities providing services viz.,
a) Treasury Operations & Fund Based Activities[2]
b) Managing Public Issues[3]
c) Corporate Advisory[4]
d) Corporate - Restructuring[5]
e) Capital Market Advisory[6]
f) Takeovers[7]
g) Mergers & Acquisition[8]

  • Market Cap 40.0 Cr.
  • Current Price 40.4
  • High / Low 52.0 / 28.4
  • Stock P/E 16.5
  • Book Value 57.6
  • Dividend Yield 0.00 %
  • ROCE 5.31 %
  • ROE 11.8 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.70 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 12.0% over last 3 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

Sector: Finance Industry: Finance & Investments

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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
1.47 1.07 1.22 5.10 4.11 6.25 9.00 7.04 -3.69 -0.36 3.59 3.93 4.56
0.08 0.13 0.05 0.06 0.05 1.34 0.05 0.07 0.07 2.12 0.08 0.10 0.06
Operating Profit 1.39 0.94 1.17 5.04 4.06 4.91 8.95 6.97 -3.76 -2.48 3.51 3.83 4.50
OPM % 94.56% 87.85% 95.90% 98.82% 98.78% 78.56% 99.44% 99.01% 97.77% 97.46% 98.68%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.77 0.00 0.01 0.01 0.00
Interest 0.63 0.45 0.54 0.93 1.55 1.06 0.62 0.35 0.54 0.85 1.46 1.61 2.04
Depreciation 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.76 0.49 0.63 4.11 2.51 3.83 8.33 6.62 -3.53 -3.33 2.06 2.23 2.46
Tax % 0.00% 291.84% 0.00% -12.65% 0.40% 71.28% 27.13% 11.33% 25.21% 18.32% 35.92% 11.66% 25.20%
0.76 -0.94 0.63 4.63 2.50 1.10 6.07 5.87 -2.64 -2.72 1.32 1.98 1.84
EPS in Rs 0.77 -0.95 0.64 4.68 2.53 1.11 6.13 5.93 -2.67 -2.75 1.33 2.00 1.86
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3.98 4.09 4.13 0.54 0.00 0.00 0.01 -3.01 1.16 5.81 16.69 11.93 11.72
0.91 3.19 1.52 1.60 0.31 0.31 0.30 0.21 0.27 0.30 1.51 2.32 2.36
Operating Profit 3.07 0.90 2.61 -1.06 -0.31 -0.31 -0.29 -3.22 0.89 5.51 15.18 9.61 9.36
OPM % 77.14% 22.00% 63.20% -196.30% -2,900.00% 76.72% 94.84% 90.95% 80.55% 79.86%
0.42 0.26 0.00 -0.12 0.39 0.36 0.31 0.08 0.07 0.00 0.00 0.84 0.02
Interest 0.66 0.38 0.00 0.00 0.00 0.00 0.00 0.00 1.00 2.62 4.08 2.36 5.96
Depreciation 1.09 1.07 1.06 0.18 0.02 0.02 0.01 0.01 0.01 0.01 0.02 0.00 0.00
Profit before tax 1.74 -0.29 1.55 -1.36 0.06 0.03 0.01 -3.15 -0.05 2.88 11.08 8.09 3.42
Tax % -5.75% 120.69% 1.29% -64.71% 16.67% 33.33% 0.00% 27.30% -100.00% 49.65% 24.64% 18.67%
1.84 0.05 1.53 -2.23 0.06 0.03 0.01 -2.28 -0.10 1.46 8.35 6.58 2.42
EPS in Rs 0.05 1.55 -2.25 0.06 0.03 0.01 -2.30 -0.10 1.47 8.44 6.65 2.44
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 12%
5 Years: 312%
3 Years: 117%
TTM: -37%
Compounded Profit Growth
10 Years: 12%
5 Years: 259%
3 Years: 295%
TTM: -77%
Stock Price CAGR
10 Years: 29%
5 Years: 30%
3 Years: 72%
1 Year: 24%
Return on Equity
10 Years: 3%
5 Years: 6%
3 Years: 12%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9.95 9.90 9.90 9.90 9.90 9.90 9.90 9.95 9.95 9.95 9.95 9.95 9.95
Reserves 29.77 29.87 31.40 29.17 29.23 29.25 29.26 27.52 27.42 28.88 37.22 43.80 47.10
3.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 38.11 36.40 107.54 156.31 164.52
9.85 11.48 11.66 9.86 9.27 0.27 0.20 0.03 0.14 1.11 4.22 6.06 6.19
Total Liabilities 53.51 51.25 52.96 48.93 48.40 39.42 39.36 37.50 75.62 76.34 158.93 216.12 227.76
11.64 10.57 9.51 0.36 0.34 0.33 0.32 0.31 0.31 0.30 0.28 0.28 0.28
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 7.53 8.22 8.91 10.58 8.92 2.49 2.48 0.18 51.34 53.00 138.90 196.55 205.54
34.34 32.46 34.54 37.99 39.14 36.60 36.56 37.01 23.97 23.04 19.75 19.29 21.94
Total Assets 53.51 51.25 52.96 48.93 48.40 39.42 39.36 37.50 75.62 76.34 158.93 216.12 227.76

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-2.89 4.78 0.35 -1.14 -2.03 -6.06 -6.15 -0.02 11.90 -2.39 -1.90 -1.95
-0.68 -0.69 -0.68 7.08 1.67 6.67 0.01 0.00 -50.00 4.03 -69.23 -46.02
-1.35 -3.94 0.00 0.00 0.00 0.00 0.00 0.00 38.11 -1.71 71.13 48.00
Net Cash Flow -4.92 0.15 -0.33 5.94 -0.36 0.61 -6.14 -0.02 0.02 -0.07 0.00 0.03

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 233.86 81.21 72.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days -2,230.02
Days Payable
Cash Conversion Cycle 233.86 81.21 72.47 0.00 0.00 -2,230.02 0.00 0.00 0.00 0.00
Working Capital Days 1,663.59 1,416.27 1,361.02 11,064.91 658,460.00 4,421.23 7,347.20 1,440.52 415.30 538.78
ROCE % 5.79% 0.22% 3.82% -3.15% 0.03% 0.08% 0.03% -8.22% 1.68% 7.30% 13.19% 5.31%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80%
25.20% 25.20% 25.20% 25.20% 25.20% 25.20% 25.19% 25.18% 25.20% 25.19% 25.19% 25.18%
No. of Shareholders 3,5793,7573,7164,0334,3084,3834,5794,3554,2904,3694,4274,534

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