M M Rubber Co Ltd

M M Rubber Co Ltd

₹ 87.0 0.29%
22 Nov - close price
About

Incorporated in 1964, M M Rubber Co Ltd manufactures mattresses, cushions and pillows[1]

Key Points

Product Profile:[1]
a) Mattresses:[2]
100% Organic Natural Latex Mattresses, Latex Hybrid Mattress, Foam Mattress
b) Pillows:[3]
100% Natural Latex Pillows, Latex Hybrid Pillows, Poly fiber Pillows
c) Accessories:[4]
Mattress Protector, Mattress Topper, Travel Pillow, Coccyx Cushion, Hemorrhoid Cushion

  • Market Cap 54.2 Cr.
  • Current Price 87.0
  • High / Low 155 / 80.7
  • Stock P/E
  • Book Value 24.8
  • Dividend Yield 0.00 %
  • ROCE -2.83 %
  • ROE -8.81 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 3.51 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.96% over past five years.
  • Promoter holding is low: 3.30%
  • Company has a low return on equity of 4.99% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
5.66 10.94 10.69 10.35 10.29 10.98 9.83 10.52 10.34 10.88 9.90 10.26 10.85
5.78 10.22 9.70 9.55 9.10 9.89 8.76 10.01 10.02 10.75 10.81 9.76 12.97
Operating Profit -0.12 0.72 0.99 0.80 1.19 1.09 1.07 0.51 0.32 0.13 -0.91 0.50 -2.12
OPM % -2.12% 6.58% 9.26% 7.73% 11.56% 9.93% 10.89% 4.85% 3.09% 1.19% -9.19% 4.87% -19.54%
0.00 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.01 0.01
Interest 0.07 0.07 0.06 0.06 0.09 0.09 0.10 0.08 0.14 0.15 0.19 0.19 0.21
Depreciation 0.12 0.10 0.25 0.12 0.15 0.16 0.30 0.12 0.17 0.14 0.41 0.18 0.27
Profit before tax -0.31 0.56 0.69 0.62 0.96 0.85 0.68 0.32 0.02 -0.14 -1.49 0.14 -2.59
Tax % 0.00% 0.00% 28.99% 16.13% 20.83% 0.00% 38.24% 46.88% 0.00% 0.00% 13.42% 0.00% 0.00%
-0.31 0.56 0.50 0.52 0.76 0.85 0.43 0.17 0.02 -0.14 -1.70 0.14 -2.58
EPS in Rs -0.50 0.90 0.80 0.83 1.22 1.36 0.69 0.27 0.03 -0.22 -2.73 0.22 -4.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
16.28 16.75 16.84 17.76 19.40 25.14 28.14 29.81 26.35 34.98 39.14 39.39 41.89
15.81 16.88 15.92 16.84 18.38 23.80 26.56 30.36 29.40 32.45 34.95 39.28 44.29
Operating Profit 0.47 -0.13 0.92 0.92 1.02 1.34 1.58 -0.55 -3.05 2.53 4.19 0.11 -2.40
OPM % 2.89% -0.78% 5.46% 5.18% 5.26% 5.33% 5.61% -1.85% -11.57% 7.23% 10.71% 0.28% -5.73%
0.01 0.05 0.11 0.13 0.17 0.05 0.02 1.92 0.02 0.02 0.03 0.06 0.06
Interest 0.69 0.65 0.71 0.71 0.65 0.66 0.66 0.45 0.22 0.36 0.38 0.63 0.74
Depreciation 0.13 0.13 0.08 0.08 0.17 0.29 0.34 0.37 0.47 0.54 0.73 0.84 1.00
Profit before tax -0.34 -0.86 0.24 0.26 0.37 0.44 0.60 0.55 -3.72 1.65 3.11 -1.30 -4.08
Tax % 0.00% 0.00% 0.00% 0.00% 18.92% 31.82% 20.00% 60.00% 0.81% 12.12% 18.01% 26.92%
-0.34 -0.85 0.24 0.26 0.31 0.30 0.48 0.22 -3.75 1.45 2.56 -1.65 -4.28
EPS in Rs -0.68 -1.71 0.48 0.52 0.62 0.60 0.96 0.35 -6.02 2.33 4.11 -2.65 -6.87
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: 7%
3 Years: 14%
TTM: 1%
Compounded Profit Growth
10 Years: -25%
5 Years: %
3 Years: 16%
TTM: -391%
Stock Price CAGR
10 Years: 26%
5 Years: 11%
3 Years: 21%
1 Year: -23%
Return on Equity
10 Years: -1%
5 Years: -4%
3 Years: 5%
Last Year: -9%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.25 1.25 1.25 1.25 1.25 1.25
Reserves 0.03 -0.82 -0.64 -0.43 6.37 5.18 5.66 14.08 10.33 11.78 18.31 16.66 14.21
4.55 4.61 4.60 4.45 4.79 5.60 5.29 1.04 3.74 3.59 2.54 7.41 7.97
2.44 3.71 3.58 3.20 4.28 5.12 4.77 4.79 5.03 5.62 7.70 6.97 8.18
Total Liabilities 8.02 8.50 8.54 8.22 16.44 16.90 16.72 21.16 20.35 22.24 29.80 32.29 31.61
0.51 0.51 0.65 0.69 9.01 8.61 8.59 10.20 11.73 12.63 19.50 21.87 21.67
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
7.51 7.99 7.89 7.53 7.43 8.29 8.13 10.96 8.62 9.61 10.30 10.42 9.94
Total Assets 8.02 8.50 8.54 8.22 16.44 16.90 16.72 21.16 20.35 22.24 29.80 32.29 31.61

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.21 1.20 0.36 0.52 0.37 1.76 1.46 -0.63 -2.06 1.92 3.11 -1.05
-0.11 -0.07 -0.17 0.02 -0.01 -1.84 -0.30 -1.01 -1.98 -1.42 -2.20 -3.15
-0.34 -1.03 -0.21 -0.64 -0.45 0.14 -1.00 3.41 2.19 -0.51 -1.02 4.32
Net Cash Flow -0.24 0.10 -0.03 -0.10 -0.08 0.06 0.16 1.76 -1.85 -0.01 -0.11 0.11

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 33.41 39.22 30.56 32.88 33.68 41.52 26.72 22.04 30.47 28.38 16.23 26.22
Inventory Days 218.32 183.15 201.38 190.08 175.66 119.41 134.27 99.53 145.08 113.87
Days Payable 67.29 100.49 86.70 68.41 47.44 78.48 44.31 43.95 57.28 34.45
Cash Conversion Cycle 184.44 121.88 145.24 154.55 161.90 82.46 26.72 22.04 120.44 83.96 104.03 105.64
Working Capital Days 94.84 70.39 74.99 71.93 67.17 44.72 38.65 66.49 61.09 48.52 44.58 57.27
ROCE % 6.23% -4.05% 19.49% 19.44% 11.87% 9.11% 10.62% -6.43% -22.09% 12.59% 18.03% -2.83%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30% 3.30%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
96.69% 96.69% 96.69% 96.69% 96.68% 96.69% 96.68% 96.69% 96.68% 96.68% 96.68% 96.68%
No. of Shareholders 10,45810,43110,30810,39310,36910,28510,42610,26610,18110,58310,57510,646

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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