Muzali Arts Ltd
Incorporated in 1995, Muzali Arts Ltd (formerly Welcon International Ltd) is engaged in manufacturing of furniture and trading of Antique items[1]
- Market Cap ₹ 5.80 Cr.
- Current Price ₹ 0.98
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 1.53
- Dividend Yield 0.00 %
- ROCE -26.8 %
- ROE -27.9 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.64 times its book value
Cons
- Promoter holding is low: 32.8%
- Company has a low return on equity of -13.3% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.81%
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.10 | 9.90 | 11.73 | 8.82 | 15.89 | 3.77 | -0.00 | 2.75 | 1.07 | 0.30 | -0.00 | 0.00 | |
| 0.07 | 0.07 | 9.88 | 11.68 | 8.00 | 16.85 | 3.85 | 1.46 | 2.68 | 2.14 | 1.64 | 3.28 | 0.31 | |
| Operating Profit | 0.02 | 0.03 | 0.02 | 0.05 | 0.82 | -0.96 | -0.08 | -1.46 | 0.07 | -1.07 | -1.34 | -3.28 | -0.31 |
| OPM % | 22.22% | 30.00% | 0.20% | 0.43% | 9.30% | -6.04% | -2.12% | 2.55% | -100.00% | -446.67% | |||
| -0.00 | -0.00 | 0.04 | 0.19 | 0.34 | 1.34 | 0.82 | 0.61 | 0.37 | -2.08 | 0.31 | 0.46 | 0.42 | |
| Interest | -0.00 | 0.01 | 0.02 | 0.02 | 0.06 | 0.24 | 0.17 | 0.08 | 0.13 | 0.11 | 0.03 | -0.00 | 0.00 |
| Depreciation | -0.00 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.01 | 0.01 | -0.00 | 0.00 |
| Profit before tax | 0.02 | 0.01 | 0.04 | 0.22 | 1.10 | 0.14 | 0.57 | -0.93 | 0.30 | -3.27 | -1.07 | -2.82 | 0.11 |
| Tax % | 50.00% | 100.00% | 25.00% | 27.27% | 27.27% | 28.57% | 26.32% | -0.00% | 16.67% | -2.45% | -0.00% | 4.26% | |
| 0.01 | 0.01 | 0.03 | 0.16 | 0.79 | 0.10 | 0.41 | -0.94 | 0.25 | -3.19 | -1.07 | -2.94 | 0.00 | |
| EPS in Rs | 0.01 | 0.08 | 0.39 | 0.05 | 0.20 | -0.19 | 0.05 | -0.54 | -0.18 | -0.50 | 0.00 | ||
| 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: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 100% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -33% |
| 3 Years: | -26% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -9% |
| 3 Years: | -13% |
| Last Year: | -28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | 4.87 | 5.08 | 5.92 | 5.92 | 5.92 |
| Reserves | 1.19 | 1.20 | 1.22 | 1.38 | 2.17 | 2.13 | 2.56 | 7.92 | 7.55 | 7.03 | 6.08 | 3.14 |
| -0.00 | -0.00 | 0.27 | 0.29 | 2.47 | 2.57 | 2.03 | 0.93 | 2.11 | 0.11 | 0.01 | 0.01 | |
| 0.08 | 0.11 | 0.74 | 4.71 | 5.49 | 7.61 | 4.44 | 1.02 | 1.58 | 1.23 | 0.23 | 0.35 | |
| Total Liabilities | 3.30 | 3.34 | 4.26 | 8.41 | 12.16 | 14.34 | 11.06 | 14.74 | 16.32 | 14.29 | 12.24 | 9.42 |
| 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.02 | 0.02 | -0.00 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.01 | 0.08 | 0.08 | 0.08 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.41 | 1.74 | 4.76 | 2.85 | 2.51 | -0.00 |
| 3.28 | 3.32 | 4.25 | 8.40 | 12.15 | 14.33 | 10.64 | 12.96 | 11.45 | 11.34 | 9.63 | 9.42 | |
| Total Assets | 3.30 | 3.34 | 4.26 | 8.41 | 12.16 | 14.34 | 11.06 | 14.74 | 16.32 | 14.29 | 12.24 | 9.42 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | -0.00 | -0.07 | 4.90 | -0.70 | 3.34 | -3.76 | -9.26 | -1.11 | -3.34 | -0.70 | 1.23 | |
| -0.00 | -0.01 | -0.00 | -4.89 | -0.69 | -3.76 | 4.30 | 3.36 | -1.46 | 2.37 | 0.37 | -1.40 | |
| -0.00 | -0.00 | -0.01 | 0.02 | 2.12 | -0.14 | -0.71 | 8.02 | 0.65 | 1.40 | 0.07 | -0.00 | |
| Net Cash Flow | 0.01 | -0.01 | -0.08 | 0.03 | 0.73 | -0.56 | -0.18 | 2.12 | -1.91 | 0.43 | -0.26 | -0.17 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 511.00 | 34.66 | 5.29 | 97.25 | -0.00 | 8.71 | 229.62 | 576.50 | 2,238.67 | ||
| Inventory Days | -0.00 | -0.00 | 7.22 | 6.01 | -0.00 | -0.00 | 23.61 | 320.57 | 544.86 | -0.00 | ||
| Days Payable | 23.19 | 145.81 | 411.24 | 98.39 | 142.83 | |||||||
| Cash Conversion Cycle | 365.00 | 511.00 | 18.69 | -134.51 | 97.25 | -0.00 | -378.91 | 451.79 | 978.52 | 2,238.67 | ||
| Working Capital Days | 40.56 | 109.50 | 14.75 | 113.58 | 243.75 | 133.92 | 598.33 | 1,280.82 | 3,223.60 | 10,889.17 | ||
| ROCE % | 0.62% | 0.62% | 1.78% | 6.65% | 22.37% | 5.67% | 11.09% | -8.36% | 3.09% | -5.11% | -8.30% | -26.76% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Oct
-
Statement On Impact Of Audit Qualifications Standalone For The Year Ended 31St March 2025
8 Oct - FY2025 auditor disclaimer; write-offs ₹39.78 lakh, loans/advances ₹6.55 crore, net loss ₹2.94 crore.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - AGM 30-Sep-2025: three ordinary resolutions passed; total votes 20,052,152; director re-appointed; secretarial auditor appointed.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - AGM held 30 Sep 2025 via VC; 32 attendees; voting results and scrutinizer report to follow.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
Services Offered:[1]
a) Trading and Manufacturing of furniture
b) Interior Designing
c) Land Scape development business