Morganite Crucible (India) Ltd
Incorporated in 1986, Morganite Crucible (India) Ltd manufactures and sells silicon carbide and clay graphite crucibles and its accessories[1]
- Market Cap ₹ 1,035 Cr.
- Current Price ₹ 1,848
- High / Low ₹ 1,964 / 1,294
- Stock P/E 38.9
- Book Value ₹ 246
- Dividend Yield 2.16 %
- ROCE 28.3 %
- ROE 20.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 78.2%
- Company's working capital requirements have reduced from 45.2 days to 16.6 days
Cons
- Stock is trading at 7.52 times its book value
* 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.
Peer comparison
Sector: Refractories Industry: Refractories / Intermediates
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
80 | 81 | 89 | 89 | 111 | 109 | 120 | 129 | 107 | 152 | 155 | 168 | 167 | |
62 | 64 | 70 | 68 | 83 | 86 | 100 | 111 | 96 | 122 | 129 | 129 | 129 | |
Operating Profit | 18 | 17 | 18 | 20 | 29 | 23 | 20 | 17 | 10 | 30 | 25 | 39 | 38 |
OPM % | 22% | 21% | 21% | 23% | 26% | 21% | 17% | 13% | 10% | 20% | 16% | 23% | 23% |
1 | 2 | 0 | 2 | 2 | 3 | 6 | 7 | 1 | 32 | 5 | 3 | 5 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 4 | 5 | 8 | 7 | 5 | 4 | 4 | 5 | 6 | 7 | 8 | 8 | 8 |
Profit before tax | 14 | 13 | 11 | 16 | 26 | 21 | 22 | 18 | 6 | 54 | 22 | 33 | 34 |
Tax % | 40% | 37% | 44% | 36% | 37% | 35% | 30% | 29% | 116% | 20% | 28% | 28% | |
9 | 8 | 6 | 10 | 17 | 14 | 15 | 13 | -1 | 43 | 16 | 23 | 25 | |
EPS in Rs | 15.27 | 15.04 | 10.75 | 17.64 | 29.64 | 24.79 | 27.45 | 23.43 | -1.66 | 77.48 | 28.79 | 41.95 | 43.93 |
Dividend Payout % | 3% | 3% | 5% | 11% | 13% | 32% | 29% | 34% | 0% | 70% | 69% | 95% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 16% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 151% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 19% |
3 Years: | 19% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 21% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 45 | 53 | 58 | 67 | 77 | 88 | 96 | 105 | 100 | 120 | 124 | 126 | 135 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
28 | 27 | 14 | 18 | 38 | 23 | 28 | 32 | 37 | 32 | 34 | 45 | 43 | |
Total Liabilities | 76 | 82 | 75 | 88 | 118 | 114 | 127 | 139 | 139 | 155 | 161 | 174 | 182 |
25 | 23 | 18 | 15 | 25 | 27 | 31 | 32 | 30 | 38 | 53 | 62 | 65 | |
CWIP | 0 | 0 | 1 | 3 | 2 | 0 | 4 | 19 | 22 | 15 | 1 | 0 | 2 |
Investments | 5 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
46 | 54 | 51 | 65 | 91 | 87 | 93 | 88 | 87 | 102 | 106 | 112 | 115 | |
Total Assets | 76 | 82 | 75 | 88 | 118 | 114 | 127 | 139 | 139 | 155 | 161 | 174 | 182 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 6 | 3 | 18 | 25 | 17 | 21 | 11 | 19 | 26 | 32 | 43 | |
-4 | -2 | -2 | -15 | -8 | -10 | -29 | 1 | -7 | -2 | -10 | -17 | |
-5 | -0 | -0 | -0 | -1 | -3 | -7 | -4 | -4 | -24 | -12 | -22 | |
Net Cash Flow | 3 | 3 | 1 | 2 | 16 | 4 | -15 | 7 | 7 | 0 | 9 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 64 | 61 | 50 | 59 | 60 | 57 | 52 | 66 | 76 | 75 | 64 | 58 |
Inventory Days | 150 | 156 | 142 | 149 | 158 | 179 | 159 | 158 | 143 | 136 | 124 | 116 |
Days Payable | 249 | 232 | 116 | 119 | 129 | 176 | 161 | 145 | 178 | 154 | 146 | 185 |
Cash Conversion Cycle | -35 | -15 | 75 | 89 | 89 | 60 | 49 | 78 | 41 | 57 | 42 | -11 |
Working Capital Days | 23 | 41 | 69 | 67 | 5 | 60 | 44 | 62 | 33 | 71 | 48 | 17 |
ROCE % | 31% | 27% | 19% | 24% | 36% | 25% | 23% | 18% | 8% | 39% | 18% | 28% |
Documents
Announcements
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Related Party Transactions
14 Nov - Disclosure of related party transactions for H1 2024.
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Fixed Record Date For Interim Dividend : 26Th Nov 2024
14 Nov - Record date for interim dividend set for Nov 26, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Read with Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), as amended, please find enclosed herewith the newspaper advertisement for …
- Financial Results For Sept 2024 13 Nov
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Board Meeting Outcome for Subject: Outcome Of The Board Meeting Held On 13Th November 2024
13 Nov - Board approved Q2 results and declared interim dividend.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Dec 2023TranscriptPPT
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Dec 2023TranscriptPPT
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Dec 2022TranscriptPPT
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Jul 2022TranscriptPPT
Business Overview:[1]
MCIL is a part of Morgan Advanced
Materials Plc, a UK-based Group. It is a manufacturer of high-performance crucibles, foundry consumables, and allied refractory products. It supplies crucibles to non-ferrous metals industries and specializes in providing melting solutions to foundries, die-casters, and metal melting facilities covering applications including Zinc, Precious Metals, Aluminium, Copper/Brass/Bronze, and other non-ferrous metals