Mafatlal Industries Ltd

AI

Mafatlal Industries Ltd

₹ 123 -3.12%
14 Aug - close price
About

The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]

Key Points

History
Co. is a 120-year-old textile manufacturing player in India and part of Arvind Mafatlal Group founded by Mr. Mafatlal Gagalbhai. [1]

  • Market Cap 885 Cr.
  • Current Price 123
  • High / Low 205 / 107
  • Stock P/E 14.5
  • Book Value 107
  • Dividend Yield 2.04 %
  • ROCE 13.0 %
  • ROE 12.3 %
  • Face Value 2.00
Unsung hero
Ligin Bomjen
In 1943, the British had banned the salt trade. Ligin and his friends smuggled salt to their village. He also served as a porter during World War II.
Unsung hero
Parbati Giri
She joined the freedom movement at 11 and was imprisoned during the Quit India Movement at 16. She later devoted her life to orphans, women and rural communities.

Pros

  • Company is almost debt free.
  • Stock is trading at 1.14 times its book value
  • Company has delivered good profit growth of 26.6% CAGR over last 5 years

Cons

  • Company has a low return on equity of 11.2% over last 3 years.
  • Earnings include an other income of Rs.32.0 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
586 309 420 764 452 995 910 450 1,240 1,030 717 883 942
573 301 410 749 427 977 896 439 1,196 1,005 703 873 925
Operating Profit 12 7 11 15 25 18 14 11 44 25 15 10 18
OPM % 2.1% 2.3% 2.5% 2.0% 5% 1.9% 1.6% 2.4% 3.5% 2.4% 2.0% 1.1% 1.9%
23 21 15 6 6 8 13 6 5 11 4 9 8
Interest 3 3 5 4 4 3 3 2 2 3 2 2 2
Depreciation 4 4 4 4 4 4 4 4 4 4 4 4 4
Profit before tax 27 21 17 14 24 20 21 10 42 29 12 13 20
Tax % 0% 0% 0% -145% -29% -0% -19% -125% -9% 23% 59% -37% 25%
27 21 17 33 30 20 25 23 46 22 5 18 15
EPS in Rs 3.89 2.96 2.39 4.65 4.23 2.78 3.43 3.22 6.39 3.08 0.70 2.48 2.03
Raw PDF

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 TTM
1,014 1,323 1,239 1,168 1,024 1,005 602 999 1,371 2,078 2,807 3,870 3,573
994 1,283 1,224 1,175 1,085 1,012 649 987 1,342 2,033 2,739 3,777 3,505
Operating Profit 19 40 15 -8 -61 -7 -47 12 29 46 68 93 67
OPM % 1.9% 3.0% 1.2% -0.7% -6% -0.7% -8% 1.2% 2.1% 2.2% 2.4% 2.4% 1.9%
40 21 43 33 -53 42 -5 54 45 64 32 29 32
Interest 17 21 27 31 30 31 22 19 18 15 11 9 9
Depreciation 17 21 32 36 36 17 17 16 15 15 15 17 17
Profit before tax 26 19 -1 -42 -180 -13 -91 32 40 79 75 97 74
Tax % 5% 9% -908% -0% 0% 3% 3% 9% 7% -25% -32% 6%
24 17 4 -42 -180 -14 -94 29 37 99 98 91 60
EPS in Rs 3.50 2.46 0.59 -6.00 -25.87 -1.97 -13.47 4.16 5.30 13.81 13.65 12.62 8.29
Dividend Payout % 17% 24% 68% 0% 0% 0% 0% 0% 0% 0% 7% 18%
Compounded Sales Growth
10 Years: 11%
5 Years: 45%
3 Years: 41%
TTM: -1%
Compounded Profit Growth
10 Years: 21%
5 Years: 27%
3 Years: 65%
TTM: -49%
Stock Price CAGR
10 Years: 6%
5 Years: 31%
3 Years: 8%
1 Year: -17%
Return on Equity
10 Years: 0%
5 Years: 8%
3 Years: 11%
Last Year: 12%

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 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 352 364 576 784 493 271 453 672 601 800 727 759
148 224 250 234 207 150 148 112 94 82 70 63
251 331 358 359 292 381 329 423 466 910 579 914
Total Liabilities 764 933 1,198 1,391 1,006 816 944 1,221 1,175 1,806 1,390 1,750
165 213 318 298 139 138 122 97 95 86 84 85
CWIP 36 9 8 7 1 0 0 0 0 0 0 10
Investments 48 48 284 502 374 169 445 634 523 632 444 391
515 662 588 585 492 509 377 491 557 1,089 861 1,264
Total Assets 764 933 1,198 1,391 1,006 816 944 1,221 1,175 1,806 1,390 1,750

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
7 -35 88 12 8 24 7 10 -6 159 -84 141
-7 -21 -73 49 40 84 30 61 36 -2 -17 -35
4 52 -11 -52 -57 -91 -29 -53 -34 -23 -31 -33
Net Cash Flow 4 -5 4 9 -9 17 8 18 -4 133 -131 73
Free Cash Flow -35 -77 4 7 2 57 7 50 -14 173 -93 117
CFO/OP 48% -79% 600% -167% -13% -356% -7% 112% -16% 357% -125% 185%

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 72 86 85 89 70 92 131 93 76 112 62 67
Inventory Days 69 65 76 76 52 49 17 33 36 17 15 11
Days Payable 108 115 111 125 106 146 173 160 126 161 67 75
Cash Conversion Cycle 33 35 50 40 15 -4 -24 -34 -14 -32 10 3
Working Capital Days 6 5 8 3 -2 -10 -69 -37 -15 -28 0 -3
ROCE % 4% 6% 1% -2% -8% 2% -9% 2% 5% 7% 10% 13%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Number of Dealers
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Number of Retailers
count
Outsourcing Share
%
Consumer Durables and Others Segment Revenue Share
%
Digital Infrastructure Segment Revenue Share
%
Textile and Related Products Segment Revenue Share
%
Order Book
INR Cr

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
70.74% 70.16% 69.96% 69.61% 69.60% 69.57% 69.56% 69.53% 69.45% 69.32% 69.32% 69.30%
0.90% 0.85% 0.85% 0.71% 0.59% 0.59% 0.59% 0.55% 0.55% 0.41% 0.41% 0.34%
2.16% 1.70% 0.94% 0.93% 0.80% 0.78% 0.60% 0.34% 0.34% 0.34% 0.29% 0.12%
26.20% 27.30% 28.26% 28.75% 29.03% 29.07% 29.25% 29.59% 29.67% 29.95% 29.97% 30.25%
No. of Shareholders 65,11458,79260,67660,47561,53554,69054,97555,09755,12662,41861,44960,676

* 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.

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