Machino Plastics Ltd
Incorporated in 1987, Machino Plastics
Ltd manufactures injection moulding
plastic components and moulds/dies[1]
- Market Cap ₹ 146 Cr.
- Current Price ₹ 238
- High / Low ₹ 288 / 139
- Stock P/E 39.5
- Book Value ₹ 89.0
- Dividend Yield 0.00 %
- ROCE 8.47 %
- ROE 6.99 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.67 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.82% over last 3 years.
- Company might be capitalizing the interest cost
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
170 | 166 | 196 | 205 | 259 | 306 | 303 | 242 | 210 | 265 | 331 | 338 | |
153 | 152 | 178 | 185 | 233 | 278 | 277 | 224 | 194 | 249 | 310 | 312 | |
Operating Profit | 17 | 14 | 18 | 20 | 26 | 28 | 26 | 18 | 16 | 16 | 21 | 26 |
OPM % | 10% | 8% | 9% | 10% | 10% | 9% | 8% | 8% | 8% | 6% | 6% | 8% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 5 | 5 | 5 | 2 | 4 | 7 | 7 | 8 | 7 | 6 | 6 | 7 |
Depreciation | 13 | 13 | 11 | 13 | 13 | 19 | 19 | 20 | 15 | 14 | 13 | 14 |
Profit before tax | -1 | -4 | 2 | 5 | 10 | 2 | 0 | -9 | -6 | -3 | 2 | 5 |
Tax % | -45% | 39% | -25% | 73% | 50% | -170% | -264% | 47% | 29% | 28% | 25% | 30% |
-1 | -2 | 2 | 1 | 5 | 5 | 0 | -5 | -4 | -2 | 2 | 4 | |
EPS in Rs | -2.17 | -3.93 | 3.78 | 2.27 | 7.76 | 7.82 | 0.67 | -7.37 | -6.68 | -4.04 | 2.61 | 6.01 |
Dividend Payout % | 0% | 0% | 26% | 44% | 26% | 13% | 150% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 2% |
3 Years: | 17% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 61% |
3 Years: | 43% |
TTM: | 132% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 17% |
3 Years: | 19% |
1 Year: | 61% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -2% |
3 Years: | 2% |
Last Year: | 7% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 52 | 50 | 51 | 48 | 52 | 55 | 55 | 50 | 46 | 43 | 45 | 48 |
54 | 52 | 45 | 35 | 112 | 102 | 114 | 94 | 102 | 94 | 88 | 88 | |
16 | 22 | 14 | 24 | 27 | 33 | 33 | 23 | 18 | 29 | 39 | 61 | |
Total Liabilities | 128 | 130 | 117 | 114 | 196 | 196 | 208 | 173 | 172 | 172 | 178 | 204 |
94 | 86 | 83 | 77 | 132 | 121 | 141 | 132 | 118 | 106 | 97 | 100 | |
CWIP | 6 | 14 | 7 | 5 | 6 | 6 | 5 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
27 | 29 | 26 | 30 | 57 | 67 | 61 | 40 | 53 | 65 | 79 | 103 | |
Total Assets | 128 | 130 | 117 | 114 | 196 | 196 | 208 | 173 | 172 | 172 | 178 | 204 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 19 | 17 | 22 | -8 | 34 | 29 | 28 | 0 | 19 | 17 | 21 | |
-12 | -12 | -1 | -8 | -64 | -8 | -39 | -1 | -1 | -2 | -4 | -17 | |
-11 | -8 | -12 | -15 | 72 | -19 | 5 | -32 | 1 | -14 | -13 | -6 | |
Net Cash Flow | 0 | -2 | 3 | -0 | 0 | 7 | -4 | -6 | 0 | 2 | 0 | -2 |
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 | 27 | 40 | 21 | 23 | 49 | 52 | 46 | 37 | 59 | 51 | 53 | 53 |
Inventory Days | 21 | 21 | 18 | 16 | 15 | 16 | 21 | 26 | 46 | 47 | 42 | 70 |
Days Payable | 3 | 22 | 2 | 7 | 6 | 13 | 18 | 15 | 14 | 35 | 48 | 85 |
Cash Conversion Cycle | 45 | 39 | 37 | 32 | 58 | 55 | 50 | 48 | 91 | 62 | 47 | 38 |
Working Capital Days | 9 | -2 | -8 | 2 | 39 | 19 | 15 | 8 | 62 | 47 | 41 | 45 |
ROCE % | 4% | 0% | 7% | 8% | 10% | 5% | 4% | -1% | 1% | 2% | 6% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jun
- Closure of Trading Window 26 Jun
- Disclosure Of Reasons For Delay In Submission Of Audited Financial Results For The Quarter And Year Ended 31St March, 2024 17 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Submission of newspaper publication under Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements ) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Jun - Disclosure under Regulations 30 of SEBI(LODR) Regulations, 2015
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2009
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History[1]
Company started as an alliance between
Machino Group, Maruti Udyog Limited and
Suzuki Motor Corporation Japan, for moulding large components like Bumpers, Instrument Panels, Radiator Grills and more plastic components for cars, trucks, buses and
two-wheelers.