Marmagoa Steel Ltd - Stock Valuation and Financial Performance

BSE: 513355 | NSE: | Steel & Iron Products | Small Cap

BSE Share Price
Not Listed

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Marmagoa Steel stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
11.2 Cr.
52-wk low:
1.8
52-wk high:
2

Is Marmagoa Steel Ltd an attractive stock to invest in?

1. Is Marmagoa Steel Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Marmagoa Steel Ltd is a below average quality company.

2. Is Marmagoa Steel Ltd undervalued or overvalued?

No data found

3. Is Marmagoa Steel Ltd a good buy now?

No data found

10 Year X-Ray of Marmagoa Steel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Marmagoa Steel Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 10.2%21.4%-0.6%-18.5%13.4%-5.9%-44.5%-61.8%-245.8%0%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15718816415118616155.64000
Sales YoY Gr.-19.6%-12.8%-7.9%23.4%-13.6%-65.4%-92.9%-100%NA-
Adj EPS 0.20.8-1.1-2.7-0.9-1.8-4.5-5.9-5.2-0.7-0.7
YoY Gr.-418.8%-226.5%NANANANANANANA-
BVPS (₹) 6.175.93.22.30.5-4.1-10-15.5-16.2-2.6
Adj Net
Profit
15.1-6.4-16.4-5.6-11.2-27.5-36.1-31.6-4.5-5
Cash Flow from Ops. 9.16.65.30.410.3-11-33.6-1910.50.1-
Debt/CF from Ops. 1.53.1351.91.5-2.9-2.1-58.1621.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -218.6%NANANA
BVPS-211.4%-247.5%NANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
2.712.8-16.4-59.1-33.3-132.3252.884.740.94.77.9
Op. Profit
Mgn %
3.67.50.5-4.13.40.4-30-618.4-1382243.30NAN
Net Profit
Mgn %
0.62.7-3.9-10.9-3-7-49.5-914.3-1054716.70-INF
Debt to
Equity
0.40.50.41.11.111.2-2.9-1.6-0.9-0.9-
Working Cap
Days
1261131211371231594616,26856,10,73100
Cash Conv.
Cycle
5022170-21-40-141,42122,07,14000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 7.90%

Sales growth has been subdued in last 3 years -100.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Marmagoa Steel Ltd.

Standalone Consolidated
TTM EPS (₹) -0.7 0.8
TTM Sales (₹ Cr.) 0 188
BVPS (₹.) -2.6 6.9
Reserves (₹ Cr.) -22 36
P/BV -0.70 0.26
PE 0.00 2.20
From the Market
52 Week Low / High (₹) 1.83 / 2.00
All Time Low / High (₹) 0.10 / 40.10
Market Cap (₹ Cr.) 11.2
Equity (₹ Cr.) 6.1
Face Value (₹) 1
Industry PE 21.7

Management X-Ray of Marmagoa Steel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Marmagoa Steel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales156.89187.68163.73150.73185.97160.7055.553.9500
Operating Expenses 151.23173.56162.94156.84179.58160.1372.1828.4041.472.58
Manufacturing Costs32.8033.983335.4042.1632.7618.242.760.300.40
Material Costs97.18115.11113.66102.62117.22111.0243.136.1100
Employee Cost 7.108.345.785.788.707.426.911.1301.08
Other Costs 14.1616.1410.5013.0411.498.943.9018.4041.171.10
Operating Profit 5.6614.110.79-6.116.390.57-16.64-24.45-41.47-2.58
Operating Profit Margin (%) 3.6%7.5%0.5%-4.1%3.4%0.4%-29.9%-618.0%-13,82,243.3%-
Other Income 1.490.411.630.391.140.350.831.6412.190
Interest 3.705.727.427.879.3710.5010.2812.390.600.71
Depreciation 2.112.322.792.812.842.812.432.272.042.01
Exceptional Items 0000000000
Profit Before Tax 1.356.48-7.79-16.40-4.69-12.39-28.52-37.47-31.92-5.29
Tax 0.371.42-1.40-0.040.73-1.17-1.03-1.33-0.28-0.80
Profit After Tax 0.975.07-6.39-16.35-5.42-11.23-27.48-36.14-31.64-4.50
PAT Margin (%) 0.6%2.7%-3.9%-10.8%-2.9%-7.0%-49.5%-914.0%-10,54,716.7%-
Adjusted EPS (₹)0.20.8-1.1-2.7-0.9-1.9-4.5-6.0-5.2-0.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 37.2042.2735.8719.5214.102.87-24.61-60.75-94.07-98.57
Share Capital 6.086.086.086.086.086.086.086.086.086.08
Reserves 31.1236.1929.8013.448.02-3.20-30.69-66.83-100.15-104.65
Minority Interest0000000000
Debt13.8920.5815.6921.3015.0532.2371.4095.1585.1685.66
Long Term Debt13.8920.5815.6921.30101033.9737.3827.3827.38
Short Term Debt00005.0522.2337.4357.7657.7858.28
Trade Payables31.6728.3530.2732.9451.9548.2331.0931.2329.4331.45
Others Liabilities 19.6612.6313.3023.3124.6523.5725.6525.2415.5514.82
Total Liabilities 102.42103.8295.1497.08105.75106.90103.5290.8636.0633.37

Fixed Assets

Gross Block51.7460.3061.7562.0263.4863.6463.6663.6661.9361.93
Accumulated Depreciation26.3128.6331.4334.2437.0639.8642.2944.5646.6048.62
Net Fixed Assets25.4331.6630.3327.7826.4223.7821.3719.1015.3313.32
CWIP 0.78000000000
Investments 0100000000
Inventories37.5026.0624.6620.6221.0614.4812.117.247.247.24
Trade Receivables20.1820.1211.3911.6118.3220.0119.7521.500.370.37
Cash Equivalents 5.637.644.156.464.194.153.550.140.120.06
Others Assets12.9017.3324.6030.6035.7544.4846.7342.881312.38
Total Assets 102.42103.8295.1497.08105.75106.90103.5290.8636.0633.37

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity 9.116.575.280.4110.28-11.03-33.55-18.9810.520.14
PBT 1.356.48-7.79-16.40-4.69-12.39-28.52-37.47-31.92-5.29
Adjustment 2.376.213.326.268.417.677.1625.1930.902.41
Changes in Working Capital 5-4.676.9110.567.3-7.45-13.678.0439.82.71
Tax Paid -0.40-0.051.400.04-0.731.171.031.330.280.80
Cash Flow From Investing Activity -8.11-8.46-0.320.06-1.070.170.100.190.050
Capex -8.61-7.78-1.46-0.27-1.49-0.18-0.0200.050
Net Investments 0010000000
Others 0.50-0.680.130.330.420.350.120.1900
Cash Flow From Financing Activity 0.473.90-8.441.84-11.4810.8332.8515.38-10.59-0.21
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1.381.04-1.66-2.38-0.25023.973.41-100
Interest Paid -1.56-2.80-3.55-3.77-5.23-6.35-6.32-8.36-0.60-0.71
Dividend Paid 0000000000
Others 0.645.65-3.237.98-5.9917.1715.2020.330.010.50
Net Cash Flow 1.472-3.482.31-2.28-0.04-0.60-3.41-0.01-0.07
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)2.6512.76-16.36-59.04-32.26-132.31N/AN/AN/AN/A
ROCE (%)10.1721.42-0.63-18.4613.38-5.9N/AN/AN/AN/A
Asset Turnover Ratio2.012.111.881.712.021.670.590.0500
PAT to CFO Conversion(x)9.391.3N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days4034312627391161,72100
Inventory Days6453505037377880800
Payable Days8395941121321653361,86200

Marmagoa Steel Ltd Stock News

Marmagoa Steel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Marmagoa Steel on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Marmagoa Steel stood at ₹11.15.
The latest P/E ratio of Marmagoa Steel as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Marmagoa Steel as of 01-Jan-1970 05:30 is -0.70.
The 52-week high of Marmagoa Steel is ₹2.00 and the 52-week low is ₹1.83.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Marmagoa Steel is ₹0.00 ( Cr.) .

About Marmagoa Steel Ltd

Marmagoa Steel Limited was incorporated on July 17, 1987 and obtained the Certificate of Commencement of Business on February 10, 1989 from the Registrar of Companies Goa Daman & Diu at Panaji. The main promoters are Sarvashri N V Hegde Madhav G Poy Raiturcar and V.S. Bhandary.

Marmagoa Steel is one of the leading manufacturers of  Spring Steel Flats, Rounds and Special Steels. The technology and infrastructure available at MSL is par excellence and competes with the best in industry.

Marmagoa steel, producer of quality steel flats, rounds and bright bars is the market leader in supply of spring steel flats. The technology adopted and infrastructure developed by Marmagoa Steel is unique. This gives it an edge over other steel plants. Situated in the salubrious environs of Goa, in Western India, Marmagoa Steel, is a port based steel plant having its own Jetty for loading and unloading of sea transport vessels. Installed capacity of its steel melting facility is 1,10,000 MT per annum, and capacity of flat rolling mill is 75,000 TPA.

Marmagoa Steel believes in continuous upgradation of manufacturing technology and processes. The management’s vision of forward integration and product diversification has opened up a new horizon of growth, where as backward integration setting up of ferroalloy plant, sponge iron plant, captive power plants would give them a strong foothold and greater flexibility.

Having established itself in the domestic market, Marmagoa Steel is also targeting the export market. Several export orders have been executed to their overseas customers in Saudi Arabia, U.K etc.

Product range of the company includes:

  • Spring leaves for automobiles/railways
  • Flanges connecting rods, axle shafts for automobile & engineering industry.
  • High Tensile fasteners
  • Link chain, gears
  • Elastic rail clips, helical springs

Achievements/ recognition:

  • Accredited ISO 9001 certification from Bureau of Indian Standards.
  • ISO 14001:2004  status  (for Pollution Free Operations)
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