Maral Overseas Ltd
Maral Overseas Limited, part of the highly diversified LNJ Bhilwara Group, is a vertically integrated textile manufacturing company producing Gray Yarn, Dyed Yarn, Knitted Fabric and Garments. [1]
- Market Cap ₹ 215 Cr.
- Current Price ₹ 51.9
- High / Low ₹ 80.8 / 45.4
- Stock P/E
- Book Value ₹ 34.0
- Dividend Yield 3.85 %
- ROCE 1.03 %
- ROE -10.4 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.87% over past five years.
- Company might be capitalizing the interest cost
- Promoters have pledged 48.0% of their holding.
- Earnings include an other income of Rs.15.3 Cr.
- Dividend payout has been low at 4.13% of profits 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: Textiles Industry: Textiles - Cotton/Blended
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
536 | 559 | 653 | 648 | 619 | 666 | 641 | 757 | 676 | 632 | 1,082 | 1,026 | |
497 | 501 | 565 | 590 | 572 | 621 | 615 | 721 | 668 | 578 | 965 | 1,006 | |
Operating Profit | 38 | 58 | 89 | 59 | 47 | 46 | 25 | 36 | 8 | 54 | 117 | 19 |
OPM % | 7% | 10% | 14% | 9% | 8% | 7% | 4% | 5% | 1% | 8% | 11% | 2% |
5 | 8 | -1 | 14 | 12 | 15 | 12 | 15 | 17 | 8 | 22 | 15 | |
Interest | 27 | 23 | 19 | 19 | 19 | 18 | 19 | 17 | 16 | 17 | 21 | 23 |
Depreciation | 19 | 19 | 38 | 35 | 25 | 23 | 18 | 20 | 24 | 24 | 26 | 30 |
Profit before tax | -2 | 24 | 31 | 18 | 14 | 21 | 1 | 13 | -15 | 21 | 92 | -18 |
Tax % | -0% | -0% | 5% | 5% | 25% | 33% | -65% | 39% | -0% | 40% | 28% | 13% |
Net Profit | -2 | 24 | 29 | 17 | 10 | 14 | 1 | 8 | -15 | 13 | 67 | -16 |
EPS in Rs | -0.47 | 5.83 | 7.10 | 4.02 | 2.46 | 3.33 | 0.24 | 1.96 | -3.68 | 3.02 | 16.14 | -3.84 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 12% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 10% |
3 Years: | 15% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -1% |
TTM: | -125% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 12% |
3 Years: | 71% |
1 Year: | -33% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 9% |
3 Years: | 16% |
Last Year: | -10% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
72 | 72 | 72 | 72 | 68 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | |
Reserves | -37 | -15 | 14 | 27 | 38 | 53 | 51 | 59 | 42 | 56 | 124 | 99 |
243 | 233 | 216 | 201 | 212 | 231 | 211 | 248 | 223 | 204 | 243 | 372 | |
86 | 80 | 91 | 90 | 79 | 96 | 100 | 107 | 126 | 140 | 180 | 120 | |
Total Liabilities | 334 | 340 | 363 | 359 | 371 | 421 | 404 | 455 | 433 | 442 | 590 | 633 |
197 | 185 | 165 | 171 | 153 | 158 | 157 | 188 | 182 | 160 | 175 | 203 | |
CWIP | 1 | 2 | 1 | 3 | 11 | 3 | 13 | 3 | 0 | 2 | 3 | 41 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
136 | 153 | 197 | 184 | 207 | 260 | 232 | 264 | 250 | 279 | 411 | 388 | |
Total Assets | 334 | 340 | 363 | 359 | 371 | 421 | 404 | 455 | 433 | 442 | 590 | 633 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
76 | 38 | 61 | 85 | 25 | 44 | 68 | 31 | 56 | 38 | 34 | 16 | |
-5 | -6 | -24 | -45 | -14 | -22 | -26 | -39 | -11 | -2 | -31 | -90 | |
-71 | -31 | -38 | -36 | -15 | -24 | -41 | 11 | -42 | -43 | -2 | 76 | |
Net Cash Flow | -1 | 2 | -1 | 4 | -3 | -2 | 1 | 3 | 4 | -8 | 1 | 2 |
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 | 26 | 24 | 20 | 24 | 28 | 45 | 47 | 46 | 41 | 56 | 37 | 35 |
Inventory Days | 69 | 96 | 122 | 91 | 124 | 138 | 101 | 83 | 83 | 99 | 114 | 95 |
Days Payable | 34 | 25 | 24 | 20 | 16 | 38 | 40 | 44 | 48 | 60 | 63 | 28 |
Cash Conversion Cycle | 61 | 95 | 118 | 95 | 135 | 144 | 108 | 85 | 75 | 95 | 88 | 103 |
Working Capital Days | 27 | 42 | 55 | 42 | 66 | 74 | 51 | 59 | 52 | 85 | 77 | 94 |
ROCE % | 9% | 17% | 19% | 13% | 11% | 12% | 6% | 9% | 0% | 12% | 30% | 1% |
Documents
Announcements
- Intimation Regarding Mandatory Furnishing Of PAN, KYC, And Nomination By Shareholders Holding Share In Physical Mode. 22 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
16 May - In compliance of Regulation 24A of SEBI (LODR) Regulations, 2015, read with SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, please find enclosed the Annual Secretarial …
- Announcement under Regulation 30 (LODR)-Credit Rating 12 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 May - Submission of copy of public notice of advertisement of Audited Financial Result for the quarter and year ended 31st Marh, 2023 under Regulation 30 and …
Annual reports
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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 2011
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Financial Year 2010
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Financial Year 2010
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Part of LNJ Bhilwara group[1]
Established in 1960 by Mr. L N Jhunjhunwala, Maral Overseas is a part of the Bhilwara group of companies which is a well-diversified conglomerate with interests in textiles,
graphite electrodes, power generation & power engineering consultancy services, and IT-enabled services.
The production units and corporate offices of the Group are spread over 38 locations in India, and the Group employs 26,000+ people.