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 12.1
- Book Value ₹ 1.61
- Dividend Yield 0.00 %
- ROCE 5.34 %
- ROE 5.16 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.61 times its book value
Cons
- Promoter holding is low: 32.8%
- Company has a low return on equity of -10.9% over last 3 years.
- Company has high debtors of 421 days.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.10 | 9.90 | 11.73 | 8.82 | 15.89 | 3.77 | 0.00 | 2.75 | 1.07 | 0.30 | 0.00 | 0.46 | |
| 0.07 | 9.88 | 11.68 | 8.00 | 16.85 | 3.85 | 1.46 | 2.68 | 2.14 | 1.64 | 3.28 | 0.37 | |
| Operating Profit | 0.03 | 0.02 | 0.05 | 0.82 | -0.96 | -0.08 | -1.46 | 0.07 | -1.07 | -1.34 | -3.28 | 0.09 |
| OPM % | 30.00% | 0.20% | 0.43% | 9.30% | -6.04% | -2.12% | 2.55% | -100.00% | -446.67% | 19.57% | ||
| 0.00 | 0.04 | 0.19 | 0.34 | 1.34 | 0.82 | 0.61 | 0.37 | -2.08 | 0.31 | 0.46 | 0.41 | |
| Interest | 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 | 0.01 | 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 | 0.01 | 0.04 | 0.22 | 1.10 | 0.14 | 0.57 | -0.93 | 0.30 | -3.27 | -1.07 | -2.82 | 0.50 |
| Tax % | 100.00% | 25.00% | 27.27% | 27.27% | 28.57% | 26.32% | 0.00% | 16.67% | -2.45% | 0.00% | 4.26% | 4.00% |
| 0.01 | 0.03 | 0.16 | 0.79 | 0.10 | 0.41 | -0.94 | 0.25 | -3.19 | -1.07 | -2.94 | 0.48 | |
| EPS in Rs | 0.01 | 0.08 | 0.39 | 0.05 | 0.20 | -0.19 | 0.05 | -0.54 | -0.18 | -0.50 | 0.08 | |
| 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: | -26% |
| 5 Years: | % |
| 3 Years: | -25% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 20% |
| 3 Years: | 38% |
| TTM: | 116% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -29% |
| 3 Years: | -20% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -7% |
| 3 Years: | -11% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | 4.87 | 5.08 | 5.92 | 5.92 | 5.92 | 5.92 |
| Reserves | 1.20 | 1.22 | 1.38 | 2.17 | 2.13 | 2.56 | 7.92 | 7.55 | 7.03 | 6.08 | 3.14 | 3.63 |
| 0.00 | 0.27 | 0.29 | 2.47 | 2.57 | 2.03 | 0.93 | 2.11 | 0.11 | 0.01 | 0.01 | 0.10 | |
| 0.11 | 0.74 | 4.71 | 5.49 | 7.61 | 4.44 | 1.02 | 1.58 | 1.23 | 0.23 | 0.35 | 0.31 | |
| Total Liabilities | 3.34 | 4.26 | 8.41 | 12.16 | 14.34 | 11.06 | 14.74 | 16.32 | 14.29 | 12.24 | 9.42 | 9.96 |
| 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.08 | 0.08 | 0.08 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | 1.74 | 4.76 | 2.85 | 2.51 | 0.00 | 0.00 |
| 3.32 | 4.25 | 8.40 | 12.15 | 14.33 | 10.64 | 12.96 | 11.45 | 11.34 | 9.63 | 9.42 | 9.96 | |
| Total Assets | 3.34 | 4.26 | 8.41 | 12.16 | 14.34 | 11.06 | 14.74 | 16.32 | 14.29 | 12.24 | 9.42 | 9.96 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.07 | 4.90 | -0.70 | 3.34 | -3.76 | -9.26 | -1.11 | -3.34 | -0.70 | 1.23 | -0.40 | |
| -0.01 | 0.00 | -4.89 | -0.69 | -3.76 | 4.30 | 3.36 | -1.46 | 2.37 | 0.37 | -1.40 | 0.45 | |
| 0.00 | -0.01 | 0.02 | 2.12 | -0.14 | -0.71 | 8.02 | 0.65 | 1.40 | 0.07 | 0.00 | 0.09 | |
| Net Cash Flow | -0.01 | -0.08 | 0.03 | 0.73 | -0.56 | -0.18 | 2.12 | -1.91 | 0.43 | -0.26 | -0.17 | 0.14 |
| Free Cash Flow | -0.01 | -0.07 | 4.90 | -0.70 | 3.34 | -3.76 | -9.31 | -1.18 | -3.35 | -0.70 | 1.23 | -0.40 |
| CFO/OP | 0% | -350% | 9,940% | -51% | -365% | 4,650% | 625% | -1,514% | 320% | 52% | -38% | -456% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 511.00 | 34.66 | 5.29 | 97.25 | 0.00 | 8.71 | 229.62 | 576.50 | 2,238.67 | 420.54 | ||
| Inventory Days | 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 | 511.00 | 18.69 | -134.51 | 97.25 | 0.00 | -378.91 | 451.79 | 978.52 | 2,238.67 | 420.54 | ||
| Working Capital Days | 109.50 | 14.75 | 113.58 | 243.75 | 133.92 | 598.33 | 1,280.82 | 3,223.60 | 10,889.17 | 7,355.54 | ||
| ROCE % | 0.62% | 1.78% | 6.65% | 22.37% | 5.67% | 11.09% | -8.36% | 3.09% | -5.11% | -8.30% | -26.76% | 5.34% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Benefit Expense INR Lakhs |
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| Inventory Value INR Lakhs |
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| Purchase of Stock-in-Trade INR Lakhs |
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| Warehouse Rent INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
-
Board Meeting Outcome for Audited Standalone Financial Statements
29 May - Board approved FY26 audited results, reappointed internal auditor, and reported ₹48.25 lakh profit.
-
Audited Standalone Financial Statements 31St March, 2026
29 May - Board approved FY26 audited standalone results; profit Rs48.25 lakh, reappointed internal auditor.
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Declaration Pursuant To Regulation 33(3)(D) Of The SEBI (LODR) Regulations, 2015.
29 May - Statutory auditors issued unmodified opinion on FY2026 audited financial results.
-
Board Meeting Intimation for Audited Financial Statements
18 May - Board meeting on 29 May 2026 to approve FY26 audited financial statements and results.
Services Offered:[1]
a) Trading and Manufacturing of furniture
b) Interior Designing
c) Land Scape development business