BSE: 544188 | NSE: | Household & Personal Products | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Magenta Lifecare Ltd is a below average quality company.
The key valuation ratios of Magenta Lifecare Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Magenta Lifecare 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.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 8% | 9.3% | 11.3% | 15.9% | - |
| Value Creation Index ⓘ | -0.4 | -0.3 | -0.2 | 0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 9.7 | 9.2 | 9.1 | 8.8 | 9 |
| Sales YoY Gr. | - | -4.3% | -1.8% | -3.4% | - |
| Adj EPS ⓘ | 0.5 | 0.4 | 0.5 | 1.5 | 1.1 |
| YoY Gr. | - | -17% | 20.5% | 186.8% | - |
| BVPS (₹) ⓘ | 2.5 | 7.3 | 11.3 | 14 | 20.1 |
| Adj Net Profit ⓘ | 0.2 | 0.2 | 0.3 | 0.7 | 1 |
| Cash Flow from Ops. ⓘ | 1.1 | 1.4 | 2.2 | -1 | - |
| Debt/CF from Ops. ⓘ | 9 | 5.6 | 2.1 | -3.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | -3.2% | -3.4% | ||||
| Adj EPS ⓘ | NA | NA | 42.1% | 186.8% | ||||
| BVPSⓘ | NA | NA | 76.8% | 24.7% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 13.6 | 7.5 | 5.6 | 12.3 | 6.3 |
| Op. Profit Mgn % ⓘ | 10.8 | 11.5 | 9.6 | 17.1 | NAN |
| Net Profit Mgn % ⓘ | 2 | 2 | 2.7 | 8.4 | 8.4 |
| Debt to Equity ⓘ | 10.6 | 2.4 | 0.9 | 0.5 | - |
| Working Cap Days ⓘ | 0 | 452 | 435 | 448 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 280 | 249 | 246 | 0 |
Net Profit is growing at healthy rate in last 3 years 42.08%
Debt to equity has declined versus last 3 years average to 0.48
Return on Equity has declined versus last 3 years average to 6.30%
Sales growth has been subdued in last 3 years -3.17%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.1 | - |
| TTM Sales (₹ Cr.) | 8.8 | - |
| BVPS (₹.) ⓘ | 20.1 | - |
| Reserves (₹ Cr.) ⓘ | 7 | - |
| P/BV ⓘ | 1.37 | - |
| PE ⓘ | 25.58 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 27.50 / 60.29 |
| All Time Low / High (₹) | 28.50 / 60.29 |
| Market Cap (₹ Cr.) | 18.9 |
| Equity (₹ Cr.) | 6.9 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 61.4 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 9.65 | 9.24 | 9.07 | 8.76 |
| Operating Expenses ⓘ | 8.61 | 8.18 | 8.19 | 7.26 |
| Manufacturing Costs | 0.18 | 0.17 | 0.43 | 0.46 |
| Material Costs | 7.16 | 6.58 | 6.01 | 5.38 |
| Employee Cost | 0.49 | 0.63 | 0.77 | 0.76 |
| Other Costs ⓘ | 0.77 | 0.80 | 0.98 | 0.66 |
| Operating Profit ⓘ | 1.04 | 1.06 | 0.87 | 1.50 |
| Operating Profit Margin (%) | 10.8% | 11.5% | 9.6% | 17.1% |
| Other Income ⓘ | 0.02 | 0.14 | 0.49 | 0.28 |
| Interest ⓘ | 0.68 | 0.77 | 0.84 | 0.56 |
| Depreciation ⓘ | 0.20 | 0.20 | 0.20 | 0.20 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.18 | 0.23 | 0.32 | 1.02 |
| Tax ⓘ | -0.02 | 0.04 | 0.07 | 0.28 |
| Profit After Tax | 0.19 | 0.19 | 0.25 | 0.74 |
| PAT Margin (%) | 2.0% | 2.0% | 2.7% | 8.4% |
| Adjusted EPS (₹) | 0.5 | 0.4 | 0.5 | 1.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1.43 | 3.62 | 5.21 | 6.84 | ||||||
| Share Capital ⓘ | 1.22 | 1.42 | 1.54 | 4.87 | ||||||
| Reserves ⓘ | 0.21 | 2.20 | 3.67 | 1.97 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 9.32 | 6.99 | 4.53 | 3.26 | ||||||
| Long Term Debt | 5.89 | 3.39 | 0.74 | 1.27 | ||||||
| Short Term Debt | 3.44 | 3.60 | 3.79 | 1.99 | ||||||
| Trade Payables | 2.33 | 1.78 | 2.48 | 2.40 | ||||||
| Others Liabilities ⓘ | 1.51 | 1.77 | 0.29 | 0.57 | ||||||
| Total Liabilities ⓘ | 14.60 | 14.16 | 12.51 | 13.06 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 2.75 | 2.78 | 2.06 | 2.10 | ||||||
| Accumulated Depreciation | 0.54 | 0.74 | 0.20 | 0.41 | ||||||
| Net Fixed Assetsⓘ | 2.21 | 2.03 | 1.85 | 1.69 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 6.16 | 6.54 | 6.75 | 7.31 | ||||||
| Trade Receivables | 3.36 | 2.62 | 1.41 | 2.07 | ||||||
| Cash Equivalents | 0.27 | 0.34 | 0.34 | 0.18 | ||||||
| Others Assetsⓘ | 2.59 | 2.63 | 2.15 | 1.81 | ||||||
| Total Assets ⓘ | 14.60 | 14.16 | 12.51 | 13.06 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1.09 | 1.36 | 2.17 | -0.98 |
| PBT ⓘ | 0.18 | 0.23 | 0.32 | 1.02 |
| Adjustment ⓘ | 0.88 | 0.98 | 1.04 | 0.76 |
| Changes in Working Capital ⓘ | 0.06 | 0.19 | 0.88 | -2.48 |
| Tax Paid ⓘ | -0.03 | -0.04 | -0.07 | -0.28 |
| Cash Flow From Investing Activity ⓘ | -0.32 | -0.02 | -0.32 | -0.05 |
| Capex | -0.32 | -0.02 | -0.02 | -0.04 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -0.29 | 0 |
| Cash Flow From Financing Activityⓘ | -0.56 | -1.27 | -1.85 | 0.87 |
| Net Proceeds from Shares ⓘ | 0 | 2 | 1.35 | 0.89 |
| Net Proceeds from Borrowing ⓘ | 0.12 | -2.49 | 0 | 0 |
| Interest Paid ⓘ | -0.68 | -0.77 | -0.84 | -0.56 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -2.36 | 0.53 |
| Net Cash Flow ⓘ | 0.21 | 0.07 | 0 | -0.16 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 20.94 | 9.34 | 5.9 | 12.26 | ||||||
| ROCE (%) | 8 | 9.34 | 11.32 | 15.91 | ||||||
| Asset Turnover Ratio | 0.66 | 0.64 | 0.68 | 0.69 | ||||||
| PAT to CFO Conversion(x) | 5.74 | 7.16 | 8.68 | -1.32 | Working Capital Days | |||||
| Receivable Days | 127 | 118 | 81 | 72 | ||||||
| Inventory Days | 233 | 251 | 268 | 293 | ||||||
| Payable Days | 119 | 114 | 129 | 165 | ||||||
The company was originally incorporated as ‘Magenta Lifecare Private Limited’ as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated August 04, 2015, issued by the Assistant Registrar of Companies, Gujarat. Subsequently, upon the conversion of the company into a public limited company, pursuant to a special resolution passed by its shareholders on June 19, 2023, the name of the company was changed to ‘Magenta Lifecare Limited’ and a fresh certificate of incorporation dated July 05, 2023 was issued by the Registrar of Companies, Ahmedabad.
Magenta Lifecare is manufacturer of foam-based product such as mattresses and pillows which is marketed under its brand ‘Magenta’ in India. Its Product offerings include wide range of mattresses such as memory foam, latex based, bonded mattresses, pocketed spring etc. and pillows such as memory foam pillow, molded memory foam pillow, molded contour foam pillow etc. Its success is attributable to the quality of products that it offers to its customers, spread across retail, hotels and institutions. Driven by innovation, it strives to introduce new and innovative products on a continuous basis with the help of its team. Further, it is also supplying processed raw foam and adjustable bed frame (hydraulic bed) which it imports under its brand Magenta.
The company’s product offering is across the section of the society from value-added product to premium segment. Its thoughtfully-designed products provide comfort, with ergonomic design, thermal comfort, pressure relief, motion isolation, easy position realignment, and long-term durability. Its products are designed to support, comfort, and cool the body, leading to better-quality sleep. It offers mattresses with the diverse customization options in terms of fabric, shape, firmness, material, height, foam type & density, personalization, utility and structure. It has developed distributor and dealer/retailer network across multiple states in India. It sells its products through offline channel of multi brand outlet and through a network of dealers and also through online e-commerce platform.
Business area of the company
The company is majorly engaged in manufacturing of mattresses and pillows for its customers spread across retail, hotels and institutions.
Key events:
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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.
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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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