Marble City India Ltd
Incorporated in 1993, PG Industry Ltd is engaged in the manufacturing and selling of Marble Blocks/ Slabs.
- Market Cap ₹ 22.9 Cr.
- Current Price ₹ 19.1
- High / Low ₹ 22.0 / 12.0
- Stock P/E
- Book Value ₹ 24.9
- Dividend Yield 0.00 %
- ROCE 7.93 %
- ROE 2.67 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.77 times its book value
- Debtor days have improved from 109 to 47.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 32.3%
- Company has a low return on equity of 1.52% over last 3 years.
- Contingent liabilities of Rs.6.94 Cr.
- Earnings include an other income of Rs.3.53 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43.62 | 46.01 | 34.21 | 54.63 | 63.67 | 47.06 | 56.00 | 74.12 | 68.53 | 45.14 | 74.96 | 113.83 | 70.26 | |
39.47 | 41.32 | 30.78 | 50.91 | 59.57 | 43.53 | 51.10 | 67.29 | 62.52 | 40.32 | 69.13 | 106.27 | 65.95 | |
Operating Profit | 4.15 | 4.69 | 3.43 | 3.72 | 4.10 | 3.53 | 4.90 | 6.83 | 6.01 | 4.82 | 5.83 | 7.56 | 4.31 |
OPM % | 9.51% | 10.19% | 10.03% | 6.81% | 6.44% | 7.50% | 8.75% | 9.21% | 8.77% | 10.68% | 7.78% | 6.64% | 6.13% |
0.06 | 0.07 | 0.01 | 0.04 | 0.06 | 0.10 | 0.03 | 0.13 | 0.29 | 0.21 | 0.19 | 0.21 | 3.53 | |
Interest | 2.65 | 3.04 | 2.39 | 2.24 | 2.54 | 2.38 | 3.30 | 4.73 | 4.48 | 4.10 | 4.45 | 5.76 | 7.49 |
Depreciation | 0.44 | 0.49 | 0.45 | 0.60 | 0.57 | 0.48 | 0.50 | 0.92 | 0.91 | 0.90 | 0.76 | 0.84 | 0.58 |
Profit before tax | 1.12 | 1.23 | 0.60 | 0.92 | 1.05 | 0.77 | 1.13 | 1.31 | 0.91 | 0.03 | 0.81 | 1.17 | -0.23 |
Tax % | 33.04% | 34.15% | 36.67% | 33.70% | 38.10% | 40.26% | 89.38% | 45.04% | 36.26% | 233.33% | 32.10% | 34.19% | |
0.75 | 0.81 | 0.38 | 0.61 | 0.64 | 0.46 | 0.12 | 0.72 | 0.57 | -0.04 | 0.56 | 0.77 | -0.48 | |
EPS in Rs | 0.82 | 0.88 | 0.41 | 0.66 | 0.70 | 0.50 | 0.13 | 0.78 | 0.62 | -0.03 | 0.47 | 0.64 | -0.40 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | 37.87% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 18% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 43% |
3 Years: | 11% |
TTM: | -147% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 12% |
3 Years: | 59% |
1 Year: | 54% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 3% |
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 | 4.62 | 4.62 | 4.62 | 4.62 | 4.62 | 4.62 | 4.62 | 5.97 | 5.97 | 5.97 | 5.97 | 5.97 | 5.97 |
Reserves | 4.44 | 5.26 | 5.64 | 5.97 | 6.90 | 7.36 | 7.48 | 21.72 | 22.29 | 22.25 | 22.81 | 23.58 | 23.80 |
24.64 | 21.99 | 24.53 | 25.25 | 29.62 | 30.96 | 34.63 | 41.36 | 41.94 | 47.04 | 53.08 | 63.97 | 80.71 | |
9.59 | 6.94 | 4.35 | 8.23 | 9.35 | 7.27 | 10.59 | 14.90 | 19.74 | 21.08 | 21.17 | 17.73 | 21.46 | |
Total Liabilities | 43.29 | 38.81 | 39.14 | 44.07 | 50.49 | 50.21 | 57.32 | 83.95 | 89.94 | 96.34 | 103.03 | 111.25 | 131.94 |
9.31 | 9.00 | 9.32 | 8.86 | 8.43 | 8.28 | 8.83 | 11.18 | 10.35 | 9.72 | 9.28 | 13.30 | 12.95 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.02 | 0.02 | 1.22 | 2.98 | -0.00 | -0.00 |
Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
33.97 | 29.80 | 29.81 | 35.20 | 42.05 | 41.92 | 48.46 | 72.75 | 79.57 | 85.40 | 90.77 | 97.95 | 118.99 | |
Total Assets | 43.29 | 38.81 | 39.14 | 44.07 | 50.49 | 50.21 | 57.32 | 83.95 | 89.94 | 96.34 | 103.03 | 111.25 | 131.94 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7.17 | 5.61 | 0.38 | 1.39 | -1.21 | 2.03 | -0.86 | 7.69 | 0.81 | 2.98 | 0.32 | -3.16 | |
-3.37 | -0.17 | -0.76 | -0.11 | -0.09 | -0.23 | -1.04 | -0.02 | 0.02 | -1.39 | -1.94 | -1.70 | |
-3.69 | -5.55 | 0.33 | -1.21 | 2.20 | -0.71 | 0.61 | -6.94 | -1.56 | -0.50 | 2.70 | 5.03 | |
Net Cash Flow | 0.11 | -0.11 | -0.05 | 0.06 | 0.90 | 1.09 | -1.29 | 0.73 | -0.73 | 1.09 | 1.08 | 0.17 |
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 | 85.27 | 81.87 | 84.39 | 72.02 | 66.33 | 73.29 | 66.81 | 59.64 | 82.98 | 182.99 | 96.22 | 47.20 |
Inventory Days | 182.44 | 173.48 | 269.24 | 167.07 | 175.64 | 241.27 | 273.99 | 334.01 | 373.12 | 551.38 | 350.11 | 252.12 |
Days Payable | 37.08 | 17.51 | 24.97 | 42.26 | 35.57 | 33.57 | 61.08 | 53.24 | 81.77 | 174.79 | 85.24 | 47.25 |
Cash Conversion Cycle | 230.63 | 237.85 | 328.66 | 196.83 | 206.40 | 281.00 | 279.72 | 340.40 | 374.33 | 559.58 | 361.09 | 252.08 |
Working Capital Days | 199.49 | 177.86 | 268.55 | 178.06 | 180.41 | 250.75 | 242.66 | 275.13 | 312.48 | 487.26 | 314.46 | 239.59 |
ROCE % | 11.01% | 13.02% | 8.97% | 8.95% | 9.33% | 7.49% | 9.97% | 10.43% | 7.74% | 5.68% | 6.71% | 7.93% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Confirmation certificate received from M/s Mas Services Limited, Register and Share Transfer Agent (RTA) in compliance with the provision of Regulation 74(5) of the SEBI …
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Certificate As Per Reg 7(3) Of SEBI (LODR),2015
15 Apr - Certificate as per Reg 7(3) of SEBI (LODR), 2015 for the quarter ended as on 31.03.2024
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
11 Apr - Additional details as per SEBI Circular dated October 18,2019
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Announcement under Regulation 30 (LODR)-Change in Management
4 Apr - Appointment of Non Executive Independent Director with effect of 01.04.2024. 1. To appoint Mr. Himanshu Duggal (DIN - 05330907) and Mr. Nirdesh Agarwal (DIN - …
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
3 Apr - Additional details required as per the SEBI Circular dated July 13, 2023, for Corporate Announcement filed under Regulation 30 of SEBI(LODR) Regulation 2015.
Annual reports
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Financial Year 2023
from bse
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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]
Company is an importer cum processor of marbles from quarries across the world. It cuts, resizes, and polishes raw marble blocks for customers in the commercial and residential real estate space.