Is Mafatlal Industries a good quality company?

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

Is Mafatlal Industries undervalued or overvalued?

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

What is Mafatlal Industries share price return in the past 10 years?

Mafatlal Industries Ltd share price has appreciated 16% annually (CAGR) over the past ten years.

Is Mafatlal Industries a good buy now?

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

What is the P/E ratio of Mafatlal Industries?

The latest standalone P/E ratio of Mafatlal Industries as of 21-Nov-2024 is 10.33.

What is the P/B ratio of Mafatlal Industries?

The latest standalone P/B ratio of Mafatlal Industries as of 21-Nov-2024 is 1.10.

What is the 52-week high and low of Mafatlal Industries?

The 52-week high of Mafatlal Industries is Rs. 220.95 and the 52-week low is Rs. 97.20.

Mafatlal Industries Ltd - Stock Valuation and Financial Performance

Name: Mafatlal Industries
Brand: Mafatlal Industries

BSE: 500264 | NSE: MAFATLAIND | Textile | Small Cap

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Mafatlal Inds Share Price

₹141.50 -3.10 -2.14%
as on 21-Nov'24 16:00

10 Year X-Ray of Mafatlal Inds:

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	8.6%	7.2%	3.6%	-1.2%	-17.2%	3.2%	-13.2%	7.2%	7.7%	11.8%	-
Value Creation Index ⓘ	-0.4	-0.5	-0.7	-1.1	-2.2	-0.8	-1.9	-0.5	-0.5	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,014	1,323	1,239	1,168	1,024	1,005	602	999	1,371	2,078	2,632
Sales YoY Gr.	-	30.5%	-6.4%	-5.8%	-12.3%	-1.8%	-40.1%	66%	37.1%	51.7%	-
Adj EPS ⓘ	1	1.8	-1	-6.7	-17.8	-2.9	-11.4	0.5	3.1	10.8	14
YoY Gr.	-	92.6%	-156.8%	NA	NA	NA	NA	NA	555.3%	250.7%	-
BVPS (₹) ⓘ	52.5	54.3	84.8	114.8	72.8	40.8	66.9	97.4	86.7	113.7	131.9
Adj Net Profit ⓘ	6.6	12.7	-7.3	-46.5	-124	-20.5	-79.6	3.3	21.7	77.2	101
Cash Flow from Ops. ⓘ	6.9	-35.4	87.9	12.5	8	24.1	7	9.8	-6.3	159	-
Debt/CF from Ops. ⓘ	21.4	-6.3	2.9	18.7	26	6.2	20.6	11.3	-14.8	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.3%	15.2%	51.1%	51.7%
Adj EPS ⓘ	31%	NA	NA	250.7%
BVPSⓘ	9%	9.3%	19.4%	31.2%
Share Price	16%	60.5%	60.3%	-2.8%

Key Financial Parameters ⓘ

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 % ⓘ	1.9	3.4	-1.5	-6.7	-18.9	-5.2	-21.2	0.6	3.3	10.8	11.4
Op. Profit Mgn % ⓘ	2	3	1.2	-0.7	-6	-0.7	-7.8	0.8	2	2.1	2.4
Net Profit Mgn % ⓘ	0.7	1	-0.6	-4	-12.1	-2	-13.2	0.3	1.6	3.7	3.8
Debt to Equity ⓘ	0.4	0.6	0.4	0.3	0.4	0.5	0.3	0.2	0.2	0.1	0
Working Cap Days ⓘ	176	171	207	216	227	216	312	175	150	135	59
Cash Conv. Cycle ⓘ	45	42	58	60	50	25	10	-7	-2	-8	6

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.40%

Sales growth is growing at healthy rate in last 3 years 51.12%

Sales growth is good in last 4 quarters at 92.32%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Mafatlal Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14	14
TTM Sales (₹ Cr.)	2,632	2,632
BVPS (₹.) ⓘ	131.9	131.9
Reserves (₹ Cr.) ⓘ	934	934
P/BV ⓘ	1.10	1.10
PE ⓘ	10.33	10.33

From the Market
52 Week Low / High (₹)	97.20 / 220.95
All Time Low / High (₹)	1.33 / 600.00
Market Cap (₹ Cr.)	1,040
Equity (₹ Cr.)	14.4
Face Value (₹)	2
Industry PE ⓘ	26.9

Management X-Ray of Mafatlal Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

32.20

11.87

0.00

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

Valuation of Mafatlal Inds

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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 Mafatlal Inds

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,014	1,323	1,239	1,168	1,024	1,005	602	999	1,371	2,078
Operating Expenses ⓘ	995	1,283	1,224	1,177	1,085	1,012	649	991	1,343	2,035
Manufacturing Costs	193	222	203	195	169	101	39	103	163	165
Material Costs	648	864	830	785	739	784	526	789	1,073	1,732
Employee Cost	97	122	128	135	120	88	49	42	52	61
Other Costs ⓘ	56	75	64	62	56	39	35	57	56	77
Operating Profit ⓘ	19	40	15	-10	-61	-7	-47	8	27	44
Operating Profit Margin (%)	1.9%	3.0%	1.2%	-0.8%	-6.0%	-0.7%	-7.9%	0.8%	2.0%	2.1%
Other Income ⓘ	31	22	48	35	31	57	36	69	47	65
Interest ⓘ	17	21	27	31	30	31	22	19	18	15
Depreciation ⓘ	17	21	32	36	36	17	17	16	15	15
Exceptional Items ⓘ	9	0	-5	0	-84	-15	-41	-10	-1	0
Profit Before Tax ⓘ	26	19	-1	-42	-180	-13	-91	32	40	79
Tax ⓘ	1	2	-5	0	0	0	3	3	3	-20
Profit After Tax	24	17	4	-42	-180	-14	-94	29	37	99
PAT Margin (%)	2.4%	1.3%	0.3%	-3.6%	-17.6%	-1.4%	-15.6%	2.9%	2.7%	4.8%
Adjusted EPS (₹)	3.5	2.5	0.6	-6.0	-25.9	-2.0	-13.5	4.2	5.3	13.8
Dividend Payout Ratio (%)	17%	24%	67%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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	365	378	590	798	507	284	466	685	612	813
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	14
Reserves ⓘ	352	364	576	784	493	270	452	671	598	799
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	135	208	214	210	180	134	122	96	76	65
Long Term Debt	63	66	97	80	56	62	60	44	26	27
Short Term Debt	72	142	117	129	124	72	61	52	50	37
Trade Payables	191	273	253	270	215	314	249	347	371	766
Others Liabilities ⓘ	199	213	273	239	229	202	226	215	239	276
Total Liabilities ⓘ	891	1,072	1,329	1,517	1,131	934	1,062	1,342	1,298	1,920
Fixed Assets
Gross Block	502	542	347	363	175	191	179	167	178	183
Accumulated Depreciation	337	328	32	68	39	55	67	72	86	99
Net Fixed Assetsⓘ	165	213	315	295	136	136	112	94	92	84
CWIP ⓘ	36	9	8	7	1	0	0	0	0	0
Investmentsⓘ	48	48	287	504	377	171	455	634	523	632
Inventories	122	153	172	163	105	106	24	72	106	80
Trade Receivables	199	312	288	286	196	255	217	254	286	638
Cash Equivalents	107	99	14	36	19	36	58	90	73	268
Others Assetsⓘ	213	237	244	226	298	231	196	198	218	219
Total Assets ⓘ	891	1,072	1,329	1,517	1,131	934	1,062	1,342	1,298	1,920

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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 ⓘ	7	-35	88	12	8	24	7	10	-6	159
PBT ⓘ	26	19	-1	-42	-180	-13	-91	42	41	79
Adjustment ⓘ	-7	22	14	40	114	4	14	-29	0	-22
Changes in Working Capital ⓘ	-9	-72	78	15	74	34	80	11	-45	106
Tax Paid ⓘ	-2	-4	-3	0	0	-1	4	-4	-2	-4
Cash Flow From Investing Activity ⓘ	-7	-21	-73	49	40	84	30	61	36	-2
Capex	-42	-42	-88	-6	-6	33	0	40	-8	14
Net Investments	20	1	-3	35	24	23	20	-13	15	-58
Others ⓘ	15	20	18	20	22	27	10	35	29	41
Cash Flow From Financing Activityⓘ	4	52	-11	-52	-57	-91	-29	-53	-34	-23
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	1	0	4
Net Proceeds from Borrowing ⓘ	20	7	52	-29	-21	-6	4	-24	-15	1
Interest Paid ⓘ	-17	-21	-26	-32	-30	-32	-22	-19	-16	-14
Dividend Paid ⓘ	-4	-4	-5	-3	0	0	0	0	0	0
Others ⓘ	4	69	-32	12	-6	-54	-11	-12	-4	-13
Net Cash Flow ⓘ	4	-5	4	9	-9	17	8	18	-4	133

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	6.84	4.61	0.85	-6.02	-27.6	-3.47	-25.02	5.09	5.78	13.86
ROCE (%)	8.64	7.18	3.62	-1.16	-17.17	3.15	-13.21	7.23	7.71	11.77
Asset Turnover Ratio	1.22	1.35	1.03	0.82	0.77	0.97	0.6	0.83	1.04	1.3
PAT to CFO Conversion(x)	0.29	-2.06	22	N/A	N/A	N/A	N/A	0.34	-0.16	1.61
Working Capital Days
Receivable Days	61	71	88	90	86	82	143	86	72	81
Inventory Days	44	38	48	52	48	38	40	18	24	16
Payable Days	90	98	116	121	120	123	195	138	122	120

Mafatlal Industries Ltd Stock News

Mafatlal Industries Ltd FAQs

What is the share price of Mafatlal Inds?

Company share prices are keep on changing according to the market conditions. The closing price of Mafatlal Inds on 21-Nov-2024 16:00 is ₹141.5.

What is the market cap of Mafatlal Inds?

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 21-Nov-2024 16:00 the market cap of Mafatlal Inds stood at ₹1,039.8.

What is the P/E ratio of Mafatlal Inds?

The latest P/E ratio of Mafatlal Inds as of 21-Nov-2024 16:00 is 10.33.

What is the P/B ratio of Mafatlal Inds?

The latest P/B ratio of Mafatlal Inds as of 21-Nov-2024 16:00 is 1.10.

What is the 52-week high and low of Mafatlal Inds?

The 52-week high of Mafatlal Inds is ₹220.9 and the 52-week low is ₹97.20.

What is the TTM revenue of Mafatlal Inds?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mafatlal Inds is ₹2,632 ( Cr.) .

About Mafatlal Industries Ltd

Mafatlal Industries Ltd., a flagship company of the Arvind Mafatlal Group that has vertically integrated composite textile mills, was incorporated in 1913 at Ahmedabad. The company is engaged in manufacture of textiles and textile chemicals.

The total capacity of the two mills, located at Navsari (near Surat) and Nadiad (near Ahmedabad) is 30 million meters per annum (85,000 meters per day). The mills are equipped to do bleaching, dyeing, calico printing, mercerising, calendering, sanforising, anti-creasing and texturising. Mafatlal Industries has been a leader in textiles for nearly 100 years. It has an installed capacity of 100,000 spindles, 816 rotors and 492 looms and a capability to process 60,000 meters of fabrics per day.

Mafatlal Industries produces some of the finest fabrics, in a count range of 12's to 105's, which are exported to the most demanding buyers of Europe, UK, USA and Middle East.MIL produces a complete range of products in 100% cotton and in polyester/ cotton blends, consisting of yarn dyed and piece dyed shirtings, poplins, bottomwear fabrics, cambrics, fine lawns and voiles. In addition to these, the mills also have the capacity to produce printed voiles and dress materials.

Product range of the company includes:

Shirtings- It offers shirtings in multifarious designs and colours with unique patterns of textures and weaves, which suit casual as well as formal occasions.
Prints.
Voiles- The company specialize in premium voiles. These voiles are available in floral prints, solids, lenos and dobbies.
Sleepwear- The company caters to sleepwear products which hold immense value for its superior quality and comfortable clothing, namely, lawn, voiles, satins and flannels.
Beachwear
Bottomwear- The company offers a range of chinos and twills in 100% cotton & blend with surface, elegantly styled and available in Two/ Three folds and soft finish for you to enjoy a comfortable and an eye-catching wear.
Kidswear- Mafatlals has always had great endeavours to delight kids with bright colour schemes for wovens and character prints alongwith soft and smooth flannels, which are eco-friendly, keeping in mind the comfort of the wearer.
Speciality Products

Other group Companies:

Navin Flourine International Limited- Itâ€™s the Largest integrated fluorochemicals complex in India, since 1967.
Mafatlal Denim Limited- Mafatlal Industries Limited, India and Burlington Industries, USA joined hands to form Mafatlal Burlington Industries Limited. This joint venture company was established for the manufacture and marketing of denim fabrics. In April 2006, the Arvind Mafatlal Group - India acquired Burlington Industries' equity in the joint venture and the company is now called 'Mafatlal Denim Limited'.
NOCIL Limited- NOCIL commenced its rubber chemicals manufacturing operations in the year 1976, it offers a wide range of rubber chemicals.

Milestones:

1905 First Textile mill set-up in Ahmedabad.
1912 Old unit bought at Nadiad
1916 Bought Jaffer Ali Mill & renamed it as Surat Cotton Spinning & Weaving Mills.
1919 Took over China Mill at Mumbai.
1958 Franchise retail shops opened for market Growth.
1962 New unit constructed at Nadiad.
1970 1980 - Consolidation of existing business.
1981 Set up direct distribution system.
1982 Set up 2 tier system (Wholesalers to semi-wholesalers).
1984 Tie-up with 'Tootal' for Technological upgradation named as â€˜TOOTALâ€™.
Post 1990 Focus on export of high-value products to European markets and on HR initiatives for People Development. Collaboration with Burlington; set- up state-of-the-art denim manufacturing. Joint Venture with Grupo la Perla & Silvia.

Achievements/ recognition :