Marble City India Ltd

Marble City India Ltd

₹ 194 1.99%
23 Dec - close price
About

Incorporated in 1993, PG Industry Ltd is engaged in the manufacturing and selling of Marble Blocks/ Slabs.

Key Points

Business Overview:[1]
Company is an importer cum processor of marbles from quarries across the world. It cuts, resizes, and polishes raw marble blocks for customers in the commercial and residential real estate space.

  • Market Cap 436 Cr.
  • Current Price 194
  • High / Low 194 / 13.3
  • Stock P/E
  • Book Value 19.5
  • Dividend Yield 0.00 %
  • ROCE 6.31 %
  • ROE -6.82 %
  • Face Value 5.00

Pros

  • Promoter holding has increased by 4.94% over last quarter.

Cons

  • Stock is trading at 9.95 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -9.15% over past five years.
  • Promoter holding is low: 37.2%
  • Company has a low return on equity of -0.70% over last 3 years.
  • Earnings include an other income of Rs.7.43 Cr.
  • Working capital days have increased from 438 days to 761 days

* 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: Miscellaneous Industry: Miscellaneous

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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
19.78 21.44 26.66 15.50 30.61 36.41 31.31 16.40 18.22 4.33 6.94 6.21 10.79
18.28 19.90 25.10 13.72 28.85 34.02 29.93 14.46 15.56 6.00 7.67 6.92 9.71
Operating Profit 1.50 1.54 1.56 1.78 1.76 2.39 1.38 1.94 2.66 -1.67 -0.73 -0.71 1.08
OPM % 7.58% 7.18% 5.85% 11.48% 5.75% 6.56% 4.41% 11.83% 14.60% -38.57% -10.52% -11.43% 10.01%
0.01 0.01 0.17 0.02 0.02 0.03 0.16 0.00 0.07 3.30 1.70 0.01 2.42
Interest 1.21 1.17 1.08 1.40 1.17 1.65 1.31 1.50 2.45 2.23 2.62 1.60 3.12
Depreciation 0.23 0.23 0.08 0.18 0.35 0.40 -0.09 0.21 0.23 0.23 0.28 0.24 0.24
Profit before tax 0.07 0.15 0.57 0.22 0.26 0.37 0.32 0.23 0.05 -0.83 -1.93 -2.54 0.14
Tax % 28.57% 20.00% 36.84% 22.73% 26.92% 21.62% 65.62% 21.74% 20.00% 0.00% -26.94% 0.00% 0.00%
0.05 0.12 0.37 0.17 0.19 0.29 0.12 0.18 0.05 -0.83 -1.41 -2.53 0.14
EPS in Rs 0.04 0.10 0.31 0.14 0.16 0.24 0.10 0.15 0.04 -0.69 -1.18 -2.12 0.06
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
46.01 34.21 54.63 63.67 47.06 56.00 74.12 68.53 45.14 74.96 113.83 45.88 28.27
41.32 30.78 50.91 59.57 43.53 51.10 67.29 62.52 40.32 69.13 106.27 43.26 30.30
Operating Profit 4.69 3.43 3.72 4.10 3.53 4.90 6.83 6.01 4.82 5.83 7.56 2.62 -2.03
OPM % 10.19% 10.03% 6.81% 6.44% 7.50% 8.75% 9.21% 8.77% 10.68% 7.78% 6.64% 5.71% -7.18%
0.07 0.01 0.04 0.06 0.10 0.03 0.13 0.29 0.21 0.19 0.21 5.06 7.43
Interest 3.04 2.39 2.24 2.54 2.38 3.30 4.73 4.48 4.10 4.45 5.76 9.21 9.57
Depreciation 0.49 0.45 0.60 0.57 0.48 0.50 0.92 0.91 0.90 0.76 0.84 0.94 0.99
Profit before tax 1.23 0.60 0.92 1.05 0.77 1.13 1.31 0.91 0.03 0.81 1.17 -2.47 -5.16
Tax % 34.15% 36.67% 33.70% 38.10% 40.26% 89.38% 45.04% 36.26% 233.33% 32.10% 34.19% -21.05%
0.81 0.38 0.61 0.64 0.46 0.12 0.72 0.57 -0.04 0.56 0.77 -1.95 -4.63
EPS in Rs 0.88 0.41 0.66 0.70 0.50 0.13 0.78 0.62 -0.03 0.47 0.64 -1.63 -3.93
Dividend Payout % 0.00% 0.00% 37.87% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -9%
3 Years: 1%
TTM: -72%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -823%
Stock Price CAGR
10 Years: 48%
5 Years: 106%
3 Years: 164%
1 Year: 1063%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: -1%
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 Sep 2024
Equity Capital 4.62 4.62 4.62 4.62 4.62 4.62 5.97 5.97 5.97 5.97 5.97 5.97 11.22
Reserves 5.26 5.64 5.97 6.90 7.36 7.48 21.72 22.29 22.25 22.81 23.58 21.63 32.65
21.99 24.53 25.25 29.62 30.96 34.63 41.36 41.94 47.04 53.08 63.97 92.43 89.45
6.94 4.35 8.23 9.35 7.27 10.59 14.90 19.74 21.08 21.17 17.73 8.12 10.42
Total Liabilities 38.81 39.14 44.07 50.49 50.21 57.32 83.95 89.94 96.34 103.03 111.25 128.15 143.74
9.00 9.32 8.86 8.43 8.28 8.83 11.18 10.35 9.72 9.28 13.30 15.38 14.96
CWIP 0.00 0.00 0.00 0.00 0.00 0.03 0.02 0.02 1.22 2.98 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.65 0.00
29.80 29.81 35.20 42.05 41.92 48.46 72.75 79.57 85.40 90.77 97.95 112.12 128.78
Total Assets 38.81 39.14 44.07 50.49 50.21 57.32 83.95 89.94 96.34 103.03 111.25 128.15 143.74

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
5.61 0.38 1.39 -1.21 2.03 -0.86 7.69 0.81 2.98 0.32 -3.16 -14.28
-0.17 -0.76 -0.11 -0.09 -0.23 -1.04 -0.02 0.02 -1.39 -1.94 -1.70 -3.20
-5.55 0.33 -1.21 2.20 -0.71 0.61 -6.94 -1.56 -0.50 2.70 5.03 19.45
Net Cash Flow -0.11 -0.05 0.06 0.90 1.09 -1.29 0.73 -0.73 1.09 1.08 0.17 1.97

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 81.87 84.39 72.02 66.33 73.29 66.81 59.64 82.98 182.99 96.22 47.20 93.80
Inventory Days 173.48 269.24 167.07 175.64 241.27 273.99 334.01 373.12 551.38 350.11 252.12 808.39
Days Payable 17.51 24.97 42.26 35.57 33.57 61.08 53.24 81.77 174.79 85.24 47.25 39.03
Cash Conversion Cycle 237.85 328.66 196.83 206.40 281.00 279.72 340.40 374.33 559.58 361.09 252.08 863.16
Working Capital Days 177.86 268.55 178.06 180.41 250.75 242.66 275.13 312.48 487.26 314.46 239.59 761.27
ROCE % 13.02% 8.97% 8.95% 9.33% 7.49% 9.97% 10.43% 7.74% 5.68% 6.71% 7.93% 6.31%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
32.30% 32.29% 32.29% 32.28% 32.28% 32.28% 32.28% 32.28% 32.28% 32.28% 32.28% 37.23%
2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 1.29%
65.27% 65.28% 65.29% 65.28% 65.29% 65.29% 65.29% 65.29% 65.29% 65.29% 65.29% 61.49%
No. of Shareholders 2,2132,2322,2312,1762,1642,1702,2402,2752,3072,4262,5962,428

* 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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