Stocks - Q : Quality | V : Valuation | PT : Price Trend
Funds - P : Performance | Q : Quality
Funds - P : Performance | Q : Quality
BSE: 517449 | NSE: | Castings/Forgings | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Magna Electro Castings Ltd is a good quality company.
The key valuation ratios of Magna Electro Castings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Magna Electro Castings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation Index Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 18.2% | 17.8% | 16.5% | 13.2% | 22.7% | 11.9% | 9.8% | 13.8% | 26.4% | 20.3% | - |
| Value Creation Index ⓘ | 0.3 | 0.3 | 0.2 | -0.1 | 0.6 | -0.2 | -0.3 | 0.0 | 0.9 | 0.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 101 | 93.4 | 78.9 | 93.1 | 123 | 96.3 | 97.8 | 136 | 165 | 144 | 167 |
| Sales YoY Gr. | - | -7.9% | -15.5% | 17.9% | 32.1% | -21.6% | 1.6% | 38.9% | 21.2% | -12.7% | - |
| Adj EPS ⓘ | 11.8 | 13.6 | 15.8 | 15 | 22.3 | 12.4 | 11.7 | 18.2 | 37.1 | 35.7 | 52.9 |
| YoY Gr. | - | 15.1% | 16.8% | -5.1% | 48.2% | -44.1% | -6% | 55.9% | 103.1% | -3.7% | - |
| BVPS (₹) ⓘ | 89.3 | 101.4 | 120 | 132.3 | 154.5 | 160.4 | 168.6 | 185 | 223 | 256.1 | 294.3 |
| Adj Net Profit ⓘ | 5.4 | 6.2 | 7.3 | 6.9 | 10.2 | 5.7 | 5 | 7.7 | 15.7 | 15.1 | 22 |
| Cash Flow from Ops. ⓘ | 10.2 | 8.9 | 7.3 | 3 | 7.1 | 9.3 | 9.2 | -1.2 | 19.6 | 7.7 | - |
| Debt/CF from Ops. ⓘ | 2 | 1.1 | 0.7 | 1.1 | 0 | 0 | 0 | -4.1 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 4% | 3.2% | 13.7% | -12.7% | ||||
| Adj EPS ⓘ | 13.1% | 9.9% | 45% | -3.7% | ||||
| BVPSⓘ | 12.4% | 10.6% | 15% | 14.9% | ||||
| Share Price | 21.2% | 51.5% | 65.4% | 92% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 13.9 | 14.2 | 14.3 | 11.9 | 15.5 | 7.9 | 6.8 | 10.3 | 18.2 | 14.9 | 19.2 |
| Op. Profit Mgn % ⓘ | 14.5 | 15.2 | 18.1 | 13.3 | 14.5 | 11.2 | 10.3 | 10 | 15.6 | 16.3 | 19.8 |
| Net Profit Mgn % ⓘ | 5.3 | 6.7 | 9.2 | 7.4 | 8.3 | 5.9 | 5.1 | 5.7 | 9.5 | 10.5 | 13.4 |
| Debt to Equity ⓘ | 0.5 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0 | 0.1 | 0 | 0 | - |
| Working Cap Days ⓘ | 127 | 135 | 149 | 159 | 148 | 183 | 163 | 142 | 135 | 161 | 91 |
| Cash Conv. Cycle ⓘ | 47 | 45 | 49 | 69 | 65 | 84 | 88 | 85 | 76 | 88 | 64 |
Return on Equity has increased versus last 3 years average to 19.20%
Sales growth is growing at healthy rate in last 3 years 13.68%
Net Profit is growing at healthy rate in last 3 years 45.02%
Sales growth is good in last 4 quarters at 16.14%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 52.9 | - |
| TTM Sales (₹ Cr.) | 167 | - |
| BVPS (₹.) ⓘ | 294.3 | - |
| Reserves (₹ Cr.) ⓘ | 120 | - |
| P/BV ⓘ | 2.97 | - |
| PE ⓘ | 16.52 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 400.00 / 1299.00 |
| All Time Low / High (₹) | 3.00 / 1299.00 |
| Market Cap (₹ Cr.) | 370 |
| Equity (₹ Cr.) | 4.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 39.1 |
| Mar'24 | YoY Gr. Rt. % | Jun'24 | YoY Gr. Rt. % | Sep'24 | YoY Gr. Rt. % | Dec'24 | YoY Gr. Rt. % | |
|---|---|---|---|---|---|---|---|---|
| Sales (₹ Cr.)ⓘ | 36.4 | -1.3 | 42.2 | 19.1 | 45.6 | 24 | 43.1 | 22.7 |
| Adj EPS (₹) ⓘ | 9.7 | 48.6 | 15.9 | 80.5 | 15.9 | 78.1 | 11.5 | 37.8 |
| Op. Profit Mgn % ⓘ | 17.22 | 483 bps | 22.84 | 654 bps | 21.33 | 587 bps | 17.18 | 109 bps |
| Net Profit Mgn % ⓘ | 11.24 | 377 bps | 15.94 | 541 bps | 14.72 | 448 bps | 11.27 | 123 bps |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Company Name | CMP(₹) | |||||||
|---|---|---|---|---|---|---|---|---|
| Kirloskar Ferrous | 450.4 | -2.3 (-0.5%) | Small Cap | 6,134 | 15.5 | 5.9 | 29.1 | 2.2 |
| Alicon Castalloy | 645.3 | 24 (3.9%) | Small Cap | 1,392 | 25.5 | 3.3 | 24.4 | 1.9 |
| Nelcast | 86.8 | 1.6 (1.9%) | Small Cap | 1,267 | 3.3 | 2.9 | 25.7 | 1.4 |
| Steelcast | 881.8 | 117.6 (15.4%) | Small Cap | 410 | 31.7 | 18.2 | 24.1 | 5.1 |
| Synergy Green Inds. | 419.5 | 10.5 (2.6%) | Small Cap | 326 | 10.5 | 3.4 | 39 | 10.4 |
| PTC Industries | 13,217.1 | 93.7 (0.7%) | Small Cap | 247 | 16.3 | 8.4 | 803 | 15 |
| Universal Auto Found | 71.1 | 0.2 (0.3%) | Small Cap | 202 | 1.4 | 2.4 | 51.9 | 1.3 |
| Uni Abex Alloy Prod | 2,594.2 | 124.1 (5%) | Small Cap | 180 | 123.4 | 19.4 | 20 | 3.8 |
| Invts & Precisn Cast | 762.8 | -35.8 (-4.5%) | Small Cap | 171 | 9.7 | 4.2 | 82 | 4.5 |
| Nitin Castings | 650 | -16 (-2.4%) | Small Cap | 149 | 23.9 | 9.1 | 27.9 | 4.3 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 101 | 93 | 79 | 93 | 123 | 96 | 98 | 136 | 165 | 144 |
| Operating Expenses ⓘ | 87 | 79 | 65 | 81 | 105 | 85 | 88 | 122 | 139 | 120 |
| Manufacturing Costs | 33 | 33 | 26 | 32 | 42 | 34 | 32 | 46 | 52 | 47 |
| Material Costs | 39 | 31 | 22 | 32 | 43 | 33 | 36 | 53 | 61 | 46 |
| Employee Cost | 8 | 8 | 9 | 10 | 11 | 11 | 13 | 15 | 17 | 18 |
| Other Costs ⓘ | 7 | 7 | 7 | 7 | 9 | 7 | 6 | 8 | 9 | 9 |
| Operating Profit ⓘ | 15 | 14 | 14 | 12 | 18 | 11 | 10 | 14 | 26 | 23 |
| Operating Profit Margin (%) | 14.4% | 15.2% | 18.1% | 13.3% | 14.5% | 11.2% | 10.3% | 10.0% | 15.6% | 16.3% |
| Other Income ⓘ | 0 | 1 | 0 | 0 | 3 | 2 | 1 | 2 | 3 | 2 |
| Interest ⓘ | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 4 | 5 | 5 | 5 | 5 | 4 | 4 | 5 | 6 | 4 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 8 | 9 | 9 | 8 | 15 | 9 | 7 | 10 | 23 | 20 |
| Tax ⓘ | 3 | 2 | 2 | 1 | 4 | 2 | 2 | 3 | 6 | 5 |
| Profit After Tax | 5 | 7 | 7 | 7 | 11 | 7 | 5 | 8 | 17 | 15 |
| PAT Margin (%) | 5.4% | 7.1% | 9.3% | 7.4% | 9.3% | 6.9% | 5.3% | 5.7% | 10.4% | 10.5% |
| Adjusted EPS (₹) | 11.9 | 14.5 | 16.0 | 15.0 | 24.9 | 14.6 | 12.2 | 18.3 | 40.5 | 35.7 |
| Dividend Payout Ratio (%) | 15% | 14% | 13% | 13% | 20% | 17% | 12% | 14% | 7% | 14% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 41 | 46 | 55 | 61 | 71 | 73 | 71 | 78 | 94 | 108 |
| Share Capital ⓘ | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 |
| Reserves ⓘ | 36 | 42 | 50 | 56 | 66 | 69 | 67 | 74 | 90 | 104 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 18 | 8 | 4 | 3 | 0 | 0 | 0 | 5 | 0 | 0 |
| Long Term Debt | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 15 | 5 | 3 | 3 | 0 | 0 | 0 | 5 | 0 | 0 |
| Trade Payables | 14 | 13 | 10 | 13 | 15 | 11 | 9 | 12 | 13 | 8 |
| Others Liabilities ⓘ | 10 | 10 | 8 | 7 | 8 | 6 | 13 | 14 | 19 | 18 |
| Total Liabilities ⓘ | 83 | 76 | 77 | 84 | 94 | 91 | 93 | 109 | 125 | 134 |
Fixed Assets | ||||||||||
| Gross Block | 88 | 94 | 42 | 45 | 46 | 51 | 53 | 58 | 72 | 78 |
| Accumulated Depreciation | 47 | 51 | 5 | 10 | 15 | 19 | 23 | 28 | 33 | 37 |
| Net Fixed Assetsⓘ | 41 | 42 | 37 | 35 | 32 | 32 | 30 | 31 | 39 | 41 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 |
| Investmentsⓘ | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 0 | 1 | 1 |
| Inventories | 7 | 6 | 6 | 8 | 9 | 10 | 7 | 12 | 9 | 11 |
| Trade Receivables | 25 | 19 | 21 | 28 | 31 | 24 | 29 | 39 | 38 | 36 |
| Cash Equivalents | 1 | 2 | 2 | 1 | 7 | 15 | 15 | 15 | 22 | 23 |
| Others Assetsⓘ | 9 | 7 | 9 | 10 | 13 | 9 | 8 | 12 | 15 | 21 |
| Total Assets ⓘ | 83 | 76 | 77 | 84 | 94 | 91 | 93 | 109 | 125 | 134 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 10 | 9 | 7 | 3 | 7 | 9 | 9 | -1 | 20 | 8 |
| PBT ⓘ | 8 | 9 | 9 | 8 | 15 | 9 | 7 | 10 | 23 | 20 |
| Adjustment ⓘ | 6 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 3 | 4 |
| Changes in Working Capital ⓘ | -2 | -4 | -5 | -8 | -9 | -1 | 1 | -13 | -0 | -10 |
| Tax Paid ⓘ | -3 | -2 | -2 | -2 | -4 | -2 | -2 | -2 | -6 | -6 |
| Cash Flow From Investing Activity ⓘ | -4 | -6 | -1 | -2 | -1 | -4 | -4 | -3 | -12 | -6 |
| Capex | -5 | -6 | -1 | -2 | -2 | -4 | -4 | -1 | -2 | -1 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -2 | -8 | -5 |
| Cash Flow From Financing Activityⓘ | -5 | -3 | -6 | -2 | -5 | -4 | -8 | 4 | -6 | -2 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -2 | -1 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | -1 | -1 | -1 | -1 | -1 | -3 | 0 | -1 | -1 | -1 |
| Others ⓘ | 0 | 0 | -4 | 0 | -4 | -1 | -8 | 5 | -5 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 1 | -1 | 1 | 1 | -2 | 0 | 1 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 14.03 | 15.21 | 14.43 | 11.87 | 17.34 | 9.27 | 7.15 | 10.33 | 19.83 | 14.91 |
| ROCE (%) | 18.22 | 17.78 | 16.49 | 13.21 | 22.69 | 11.94 | 9.79 | 13.81 | 26.42 | 20.33 |
| Asset Turnover Ratio | 1.34 | 1.23 | 1.09 | 1.17 | 1.38 | 1.04 | 1.06 | 1.34 | 1.4 | 1.11 |
| PAT to CFO Conversion(x) | 2 | 1.29 | 1 | 0.43 | 0.64 | 1.29 | 1.8 | -0.13 | 1.18 | 0.53 |
| Working Capital Days | ||||||||||
| Receivable Days | 78 | 82 | 87 | 95 | 88 | 104 | 99 | 92 | 86 | 95 |
| Inventory Days | 24 | 24 | 26 | 27 | 26 | 36 | 32 | 25 | 23 | 26 |
| Payable Days | 121 | 154 | 183 | 130 | 117 | 142 | 103 | 72 | 72 | 81 |
Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide.
Magna specializes in the manufacture of Ductile Iron and Gray Iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. Magna also adds value by heat treatment, surface treatments and machining so that the products are ready to assemble.
Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities as well.
Magna has extensive experience in the supply of safety requirement components in the casting and fully machined forms. The components meet stringent requirements in terms of Radiographic Quality and Metallurgical Control.
Magna has established warehousing in the USA, this facility along with bi-weekly container shipments, allows them to cater to low volume requirements. Also their warehousing capability enables them to supply products just in time, to customers in the United States of America.
Product range of the company includes:
Castings
Machined Components
Milestones:
Achievements/ recognition:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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