What is Morarjee Textiles share price return in the past 10 years?

Morarjee Textiles Ltd share price has declined -13.7% annually (CAGR) over the past ten years.

Morarjee Textiles Ltd - Stock Valuation and Financial Performance

Name: Morarjee Textiles
Brand: Morarjee Textiles

BSE: 532621 | NSE: MORARJEE | Textile - Weaving | Small Cap

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Morarjee Textiles Share Price

₹10.77 0.37 3.56%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Morarjee Textiles

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Data

M-Cap below 100cr DeciZen not available

Morarjee Textiles stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

37.8 Cr.

52-wk low:

8.5

52-wk high:

32.7

Is Morarjee Textiles Ltd an attractive stock to invest in?

1. Is Morarjee Textiles Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Morarjee Textiles Ltd is a average quality company.

2. Is Morarjee Textiles Ltd undervalued or overvalued?

The key valuation ratios of Morarjee Textiles Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Morarjee Textiles Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Morarjee Textiles Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Morarjee Textiles:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	18.9%	15.8%	11.2%	9%	8.4%	3.2%	4%	-4.1%	-3.3%	-31.6%	-
Value Creation Index ⓘ	0.4	0.1	-0.2	-0.4	-0.4	-0.8	-0.7	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	392	365	337	377	361	349	382	194	272	207	71
Sales YoY Gr.	-	-6.8%	-7.8%	12%	-4.3%	-3.4%	9.6%	-49.3%	40.5%	-24%	-
Adj EPS ⓘ	8.6	5.5	4.2	2.6	-0.5	-6.5	-7.3	-16.2	-24.2	-51.1	-45
YoY Gr.	-	-36.2%	-23.1%	-38.7%	-119.2%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	26.9	29.8	32.1	31.2	29.6	22.9	15.7	-1.4	-25.7	-76.6	-103
Adj Net Profit ⓘ	31.4	20	15.4	9.4	-1.8	-23.8	-26.5	-59	-88	-185	-163
Cash Flow from Ops. ⓘ	54.6	47.8	39	60.9	52.7	70.1	175	-98.2	17.9	7.5	-
Debt/CF from Ops. ⓘ	3.7	4.1	9.1	8.2	9.9	7.3	2.2	-5.3	29.4	68.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-6.9%	-10.5%	-18.5%	-24%
Adj EPS ⓘ	-221.8%	NA	NA	NA
BVPSⓘ	-212.3%	-221%	-269.7%	NA
Share Price	-13.7%	-4.2%	-15.7%	-58.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	27.3	15.6	11.2	7.4	-1.7	-25	-37.8	-226.7	179.4	99.9	50.1
Op. Profit Mgn % ⓘ	20.5	16.3	16.1	16.4	19	12.1	11	3.3	2.3	-25	-41
Net Profit Mgn % ⓘ	8	5.5	4.6	2.5	-0.5	-6.8	-6.9	-30.4	-32.3	-89.7	-230.6
Debt to Equity ⓘ	1.6	1.5	2.5	4.4	4.9	6.1	6.7	-104.5	-5.6	-1.9	-
Working Cap Days ⓘ	150	177	225	217	222	234	207	373	238	220	37
Cash Conv. Cycle ⓘ	73	93	97	75	72	68	27	47	14	0	-271

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 50.10%

Sales growth has been subdued in last 3 years -18.49%

Sales growth is not so good in last 4 quarters at -74.20%

Latest Financials - Morarjee Textiles Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-45	-44.9
TTM Sales (₹ Cr.)	70.9	70.9
BVPS (₹.) ⓘ	-103	-102.9
Reserves (₹ Cr.) ⓘ	-399	-399
P/BV ⓘ	-0.10	-0.10
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	8.51 / 32.74
All Time Low / High (₹)	7.13 / 122.36
Market Cap (₹ Cr.)	37.8
Equity (₹ Cr.)	25.4
Face Value (₹)	7
Industry PE ⓘ	22.4

Management X-Ray of Morarjee Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Morarjee Textiles

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Morarjee Textiles

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	391.94	365.23	336.75	377.04	360.96	348.61	382.04	193.89	272.33	206.87
Operating Expenses ⓘ	316.16	305.57	282.57	315.17	292.29	307.50	339.88	191.21	266.28	258.87
Manufacturing Costs	98.48	100.64	96.18	134.77	128.82	124.31	133.84	70.48	104.02	87.92
Material Costs	153.05	140.49	118.58	113.14	96.17	115.60	144.72	74.15	115.87	117.93
Employee Cost	31.54	32.46	35.02	32.83	35.23	36.53	34.21	23.97	28.21	33.80
Other Costs ⓘ	33.09	31.98	32.79	34.44	32.06	31.06	27.11	22.61	18.17	19.21
Operating Profit ⓘ	75.78	59.65	54.18	61.87	68.67	41.11	42.16	2.68	6.06	-52
Operating Profit Margin (%)	19.3%	16.3%	16.1%	16.4%	19.0%	11.8%	11.0%	1.4%	2.2%	-25.1%
Other Income ⓘ	0.04	1.35	1.96	7.18	6.38	1.65	2.12	1.16	1.18	1.30
Interest ⓘ	25.49	19.05	22.59	39.50	51.39	53.94	57.20	54.55	72.46	79.60
Depreciation ⓘ	15.94	9.56	9.96	19.23	22.84	23.21	23.72	23.28	22.88	22.33
Exceptional Items ⓘ	0	0	0	0	0	0	-0.24	0	0	-32.74
Profit Before Tax ⓘ	34.40	32.40	23.60	10.33	0.82	-34.39	-36.88	-73.99	-88.12	-185.38
Tax ⓘ	6.21	11.68	7.08	-1.47	0.41	-9.91	-10.79	-12.36	0	0.05
Profit After Tax	28.19	20.72	16.52	11.80	0.40	-24.48	-26.09	-61.63	-88.12	-185.42
PAT Margin (%)	7.2%	5.7%	4.9%	3.1%	0.1%	-7.0%	-6.8%	-31.8%	-32.4%	-89.6%
Adjusted EPS (₹)	7.3	5.2	4.0	3.3	0.1	-6.7	-7.2	-17.0	-24.3	-51.0
Dividend Payout Ratio (%)	34%	34%	35%	43%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	122.84	133.29	141.45	113.28	107.37	83.03	56.97	-4.94	-93.18	-278.34
Share Capital ⓘ	50.43	50.43	50.43	25.43	25.43	25.43	25.43	25.43	25.43	25.43
Reserves ⓘ	72.41	82.85	91.02	87.84	81.94	57.60	31.54	-30.37	-118.61	-303.77
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	170.39	177.66	344.89	435.07	480.57	453.52	326.82	447.72	378.23	272.82
Long Term Debt	83.61	89.18	242.27	307.65	363.56	329	232.27	228.80	155.79	59.99
Short Term Debt	86.77	88.47	102.62	127.42	117.01	124.51	94.55	218.92	222.44	212.83
Trade Payables	37.72	37.90	57.10	78.42	62.20	92.49	89.04	83.72	76.79	80.29
Others Liabilities ⓘ	79.89	76.79	70.85	111.63	82.88	86.08	194.05	99.84	234.87	398.64
Total Liabilities ⓘ	410.84	425.64	614.29	738.40	733.02	715.12	666.87	626.34	596.71	473.41
Fixed Assets
Gross Block	362.46	367	440.40	531.41	541.23	542.13	543.64	544.24	544.54	544.63
Accumulated Depreciation	140.35	150.05	144.87	19.23	42.06	65.05	88.77	111.89	134.78	157.11
Net Fixed Assetsⓘ	222.11	216.95	295.53	512.19	499.17	477.08	454.87	432.35	409.76	387.52
CWIP ⓘ	8.94	14.92	70.45	3.29	0	0	0	0	0	0
Investmentsⓘ	8.66	8.61	8.61	4.95	4.95	4.95	0.65	0.65	0.65	0.45
Inventories	73.95	78.80	86.06	99.42	103.99	104.89	85.45	63.98	66.44	32.52
Trade Receivables	61.26	63.97	70.61	60.50	53.65	40.75	35.20	35.45	20.94	5.22
Cash Equivalents	0.70	0.45	8.25	1.37	5.60	9.75	2.28	6.57	18.33	4.18
Others Assetsⓘ	35.22	41.95	74.78	56.69	65.65	77.69	88.42	87.35	80.59	43.52
Total Assets ⓘ	410.84	425.64	614.29	738.40	733.02	715.12	666.87	626.34	596.71	473.41

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	54.64	47.76	38.96	60.87	52.69	70.13	175.04	-98.19	17.85	7.50
PBT ⓘ	34.40	32.40	23.60	10.33	0.82	-34.39	-36.88	-73.99	-88.12	-185.38
Adjustment ⓘ	41.39	28.27	31.86	59.37	72.22	76.85	80.08	78.17	95.62	136.27
Changes in Working Capital ⓘ	-14.39	-5.95	-12.7	-6.69	-17.05	28.83	131.88	-102.28	10.51	56.96
Tax Paid ⓘ	-6.75	-6.96	-3.80	-2.14	-3.30	-1.17	-0.04	-0.09	-0.17	-0.36
Cash Flow From Investing Activity ⓘ	-10.42	-10.55	-161.83	-135.05	-8.11	-1.32	5.97	-0.37	-0.10	-0.15
Capex	-10.45	-11.17	-162.16	-142.48	-5.96	-1.36	-0.33	-0.76	-0.30	-0.09
Net Investments	0	0	0	6.97	-2.52	-0.45	5.93	0.23	-0.06	-0.15
Others ⓘ	0.03	0.62	0.33	0.46	0.36	0.50	0.37	0.16	0.26	0.09
Cash Flow From Financing Activityⓘ	-44.21	-37.47	130.67	74.24	-42.90	-65.10	-186.69	103.18	-5.90	-21.69
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-12.98	-6.77	140.63	99.15	24.10	-29.90	-135.94	-1.01	-1.79	-1.23
Interest Paid ⓘ	-26.03	-19.83	-20.90	-45.85	-49.24	-43.93	-45.65	-20.19	-7.62	-10.85
Dividend Paid ⓘ	-14.62	-12.58	-9.88	-6.12	-6.12	0	0	0	0	0
Others ⓘ	9.41	1.70	20.82	27.06	-11.64	8.73	-5.10	124.38	3.51	-9.61
Net Cash Flow ⓘ	0.01	-0.26	7.81	0.05	1.68	3.71	-5.69	4.62	11.85	-14.35

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	31.31	20.1	14.7	10.27	0.37	-25.72	-37.27	N/A	N/A	N/A
ROCE (%)	18.93	15.82	11.19	8.97	8.4	3.2	3.95	N/A	N/A	N/A
Asset Turnover Ratio	0.97	0.88	0.65	0.56	0.49	0.48	0.55	0.3	0.45	0.39
PAT to CFO Conversion(x)	1.94	2.31	2.36	5.16	131.73	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	55	62	73	63	58	49	36	66	38	23
Inventory Days	66	76	89	90	103	109	91	141	87	87
Payable Days	99	98	146	219	267	244	229	425	253	243

Morarjee Textiles Ltd Stock News

Morarjee Textiles Ltd FAQs

What is the share price of Morarjee Textiles?

Company share prices are keep on changing according to the market conditions. The closing price of Morarjee Textiles on 03-Dec-2024 16:59 is ₹10.77.

What is the market cap of Morarjee Textiles?

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 03-Dec-2024 16:59 the market cap of Morarjee Textiles stood at ₹37.79.

What is the P/E ratio of Morarjee Textiles?

The latest P/E ratio of Morarjee Textiles as of 03-Dec-2024 16:59 is 0.00.

What is the P/B ratio of Morarjee Textiles?

The latest P/B ratio of Morarjee Textiles as of 03-Dec-2024 16:59 is -0.10.

What is the 52-week high and low of Morarjee Textiles?

The 52-week high of Morarjee Textiles is ₹32.74 and the 52-week low is ₹8.51.

What is the TTM revenue of Morarjee Textiles?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Morarjee Textiles is ₹70.86 ( Cr.) .

About Morarjee Textiles Ltd

Morarjee Textiles (MTL) is a successful member of the diversified Ashok Piramal Group (APG). Carrying forward the legacy of the erstwhile Morarjee Goculdas Spinning & Weaving Co. Ltd since 1871, MTL is among the oldest textile units in the country and was the Ashok Piramal Group's first industrial enterprise when they took over in 1934.

Morarjee Textiles (MTL) is a leading player in the premium shirting fabric business and high fashion printed fabric business for global markets. It has completely integrated manufacturing plants with spinning, weaving, printing, processing and packing facilities. Its products are in the high value niche segment. MTL has two divisions - the shirting division and the printed fabric division.

MTLâ€™s competitive advantage lies in its innovative design, product development and flexible service offering. It makes premium voiles and high fashion printed fabrics for the Middle East, Far East, North African and European markets.

Its customer base is spread across 20 countries around the globe and is growing fast. Today it offers premium cotton shirting fabrics to most of the leading Indian and International brands. MTL also has a 49% stake in Just Textiles Ltd. which is currently engaged in the business of processing various textile fabrics with modern machinery installed at its factory in Ambernath, Mumbai.

To ensure growth and provide value to its stakeholders, MTL has recently entered the garments business in mid 2004 by establishing a subsidiary company - Integra Apparels & Textiles Pvt. Ltd. The business already has an impressive client list and is growing rapidly.

Product range of the company includes:

Shirtings- Morarjee Textiles provides shirting fabric to a worldwide audience. It specializes in premium color woven and distinctive finish to fabrics and meet the niche requirements and exacting specifications of its clientele.
Fashion- Apart from India, its fashion fabrics find favour with various renowned names from Europe, the US, and Australia. Its core qualities are evident in the array of fabrics in fine counts, 100% cotton satins, and premium voiles.
Traditional - Morarjee Textiles caters to the Middle East and African subcontinent along with the conversion centers in Europe and Far East for its traditional ensembles.

Clientele:

Morarjee Textiles Ltd. has left an indelible impression on the global fashion industry. Today, it is the preferred choice of premium brands such as Polo Ralph Lauren, Eddie Bauer, DKNY, GAP, Paul Smith, Zodiac, Louis Phillipe, Van Heusen, Zara among others.