Motor & General Finance Ltd

Motor & Gen Fin Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Motor & General Finance Ltd

₹ 33.8 -0.88%
21 May - close price
mgfltd.com BSE: 501343 NSE: MOTOGENFIN
About

Incorporated in 1930, Motor & General
Finance Ltd is in the business of Rental/
leasing of Immovable Property[1]

Key Points

Business Overview:[1]
MGFL is the flagship company of MGF Group. It provides automobiles hire purchase and financing of commercial vehicle. Company diversified into financing earth moving equipments for construction and mining industries. It was also involved into merchant banking activities and other areas like corporate advisory services, single point fund management for corporate clients and factoring of debts. It was granted license of Merchant Banker which was later surrendered. MGF floated a company with Citicorp Securities and Investments (CSIL), an associate of Citibank, to offer scientifically developed collection systems.
Company surrendered its Non Banking Finance Company as COR, to Reserve Bank of India and, at present, does leasing and development of real estate

Website BSE NSE
  • Market Cap ₹ 131 Cr.
  • Current Price ₹ 33.8
  • High / Low ₹ 51.8 / 26.6
  • Stock P/E
  • Book Value ₹ 19.0
  • Dividend Yield 0.00 %
  • ROCE -3.07 %
  • ROE -3.76 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.6% over past five years.
  • Company has a low return on equity of -3.10% over last 3 years.
  • Company's cost of borrowing seems high

* 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: Realty Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.60 1.04 0.77 0.95 1.24 1.23 1.36 1.37 1.35 1.36 1.49 1.53 1.53
1.48 -0.22 1.57 1.80 1.74 1.78 1.77 1.62 1.94 4.57 1.71 2.06 1.73
Operating Profit -0.88 1.26 -0.80 -0.85 -0.50 -0.55 -0.41 -0.25 -0.59 -3.21 -0.22 -0.53 -0.20
OPM % -146.67% 121.15% -103.90% -89.47% -40.32% -44.72% -30.15% -18.25% -43.70% -236.03% -14.77% -34.64% -13.07%
0.38 1.89 0.36 0.71 0.55 0.52 0.77 0.58 0.56 1.66 0.61 0.62 0.62
Interest 0.12 0.12 0.12 0.12 0.12 0.12 0.11 0.11 0.12 0.11 0.10 0.11 0.11
Depreciation 0.33 0.38 0.35 0.35 0.35 0.35 0.32 0.32 0.32 0.32 0.29 0.29 0.29
Profit before tax -0.95 2.65 -0.91 -0.61 -0.42 -0.50 -0.07 -0.10 -0.47 -1.98 0.00 -0.31 0.02
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.94 2.66 -0.92 -0.62 -0.42 -0.50 -0.07 -0.10 -0.47 -1.98 0.00 -0.31 0.02
EPS in Rs -0.24 0.69 -0.24 -0.16 -0.11 -0.13 -0.02 -0.03 -0.12 -0.51 0.00 -0.08 0.01
Raw PDF
Upcoming result date: 28 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
14.72 15.16 14.74 11.67 9.74 6.21 2.49 4.59 5.63 5.91
12.61 11.43 11.61 10.13 12.28 11.76 4.86 6.82 9.89 10.07
Operating Profit 2.11 3.73 3.13 1.54 -2.54 -5.55 -2.37 -2.23 -4.26 -4.16
OPM % 14.33% 24.60% 21.23% 13.20% -26.08% -89.37% -95.18% -48.58% -75.67% -70.39%
5.07 4.72 1.01 1.48 0.79 4.16 2.41 1.67 3.36 3.51
Interest 7.03 5.51 5.25 3.90 1.28 0.77 0.63 0.48 0.45 0.43
Depreciation 0.90 1.00 1.25 1.17 1.46 1.29 1.28 1.41 1.28 1.19
Profit before tax -0.75 1.94 -2.36 -2.05 -4.49 -3.45 -1.87 -2.45 -2.63 -2.27
Tax % -28.00% 27.32% 30.93% 38.54% 18.71% -0.87% 0.00% 0.00% 0.00%
-2.21 -0.05 -1.63 -1.27 -3.65 -3.49 -1.87 -2.46 -2.62 -2.27
EPS in Rs -0.57 -0.01 -0.42 -0.33 -0.94 -0.90 -0.48 -0.64 -0.68 -0.58
Dividend Payout % 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: -14%
3 Years: -3%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: -99%
Stock Price CAGR
10 Years: 6%
5 Years: 14%
3 Years: 17%
1 Year: 20%
Return on Equity
10 Years: %
5 Years: -4%
3 Years: -3%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 19.36 19.36 19.36 19.36 19.36 19.36 19.36 19.36 19.36 19.36
Reserves 67.66 67.91 68.86 67.63 63.98 60.20 58.83 56.77 54.47 54.16
52.70 49.39 40.16 18.78 4.24 4.39 3.83 2.89 1.98 2.18
28.58 29.47 35.62 53.58 67.25 70.38 97.81 99.10 98.04 98.58
Total Liabilities 168.30 166.13 164.00 159.35 154.83 154.33 179.83 178.12 173.85 174.28
27.96 27.04 47.43 53.99 52.55 51.39 55.72 54.23 52.95 52.37
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 27.53 25.13 4.30 3.64 3.94 2.93 5.66 5.82 2.86 2.84
112.81 113.96 112.27 101.72 98.34 100.01 118.45 118.07 118.04 119.07
Total Assets 168.30 166.13 164.00 159.35 154.83 154.33 179.83 178.12 173.85 174.28

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.67 4.36 -5.25 36.56 -3.79 0.02 6.40 1.11 1.04
5.48 5.41 1.17 -6.61 0.21 -0.21 -5.52 0.07 0.22
-8.72 -8.95 2.92 -29.33 3.58 -0.11 -0.92 -1.23 -1.13
Net Cash Flow -0.57 0.82 -1.16 0.63 0.00 -0.29 -0.03 -0.05 0.12

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 5.46 33.47 69.83 126.36 2.25 73.47 86.49 45.33 7.13
Inventory Days
Days Payable
Cash Conversion Cycle 5.46 33.47 69.83 126.36 2.25 73.47 86.49 45.33 7.13
Working Capital Days 2,099.99 1,988.72 1,913.15 1,529.75 2,478.55 3,862.18 8,270.40 4,376.82 3,636.39
ROCE % 2.64% 2.17% 1.58% -3.32% -3.12% -1.49% -2.45% -3.07%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.68% 68.75% 68.93% 69.05% 69.05% 69.04% 69.14% 69.14% 69.34% 69.03% 69.57% 69.57%
2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66% 2.66%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
29.66% 28.59% 28.41% 28.29% 28.29% 28.30% 28.19% 28.18% 27.99% 28.30% 27.76% 27.77%
No. of Shareholders 7,4417,6938,0327,8447,8107,9497,9738,3848,1648,0698,1058,603

* 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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