Marvel Vinyls Ltd

Marvel Vinyls Ltd

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About

Marvel Vinyls is a manufacturing units in India, manufacturing of PVC Film and Sheeting, PVC Floor Covering, PVC Coated/Laminated Fabric and Knitted Fabrics.

  • Market Cap Cr.
  • Current Price
  • High / Low /
  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE 13.0 %
  • ROE 17.0 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of 4.10% over past five years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.8.87 Cr.

* 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: Plastic products Industry: Plastics Products

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
68.29 64.33 62.70 55.73 23.57 61.24 83.10 77.01 48.10 77.09 75.03 90.29 82.77
65.33 61.10 59.40 54.55 22.07 56.59 78.59 73.30 45.08 73.25 73.45 88.31 81.35
Operating Profit 2.96 3.23 3.30 1.18 1.50 4.65 4.51 3.71 3.02 3.84 1.58 1.98 1.42
OPM % 4.33% 5.02% 5.26% 2.12% 6.36% 7.59% 5.43% 4.82% 6.28% 4.98% 2.11% 2.19% 1.72%
0.18 0.06 0.26 1.90 0.10 0.35 0.60 1.92 0.19 0.03 2.92 3.84 2.08
Interest 1.15 1.21 1.15 1.52 1.21 1.09 1.04 1.64 1.02 0.92 1.00 1.24 0.76
Depreciation 0.96 0.96 0.99 1.08 1.00 1.09 1.09 0.53 0.96 0.90 1.09 1.48 1.03
Profit before tax 1.03 1.12 1.42 0.48 -0.61 2.82 2.98 3.46 1.23 2.05 2.41 3.10 1.71
Tax % 28.16% 27.68% 26.76% -154.17% 0.00% 19.50% 25.17% 45.66% 24.39% 24.39% 27.39% 24.84% 25.15%
0.74 0.81 1.03 1.23 -0.61 2.26 2.23 1.88 0.92 1.54 1.75 2.33 1.28
EPS in Rs 1.74 1.90 2.42 2.89 -1.43 5.31 5.24 4.42 2.16 3.62 4.11 5.48 3.01
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
90 130 167 184 210 201 238 248 241 252 244 290 325
86 122 157 173 199 188 224 235 230 241 229 280 316
Operating Profit 4 8 10 11 11 12 14 12 12 11 14 10 9
OPM % 4% 6% 6% 6% 5% 6% 6% 5% 5% 4% 6% 4% 3%
1 0 1 0 3 2 2 2 2 2 3 7 9
Interest 2 4 5 6 6 7 7 5 5 5 5 4 4
Depreciation 1 2 2 2 3 4 4 4 4 4 4 4 4
Profit before tax 2 3 4 3 4 4 5 6 4 4 9 9 9
Tax % 31% 33% 31% 33% 39% 27% 38% 35% 39% 6% 33% 25%
1 2 3 2 2 3 3 4 2 4 6 7 7
EPS in Rs 7.71 8.46 5.78 8.98 13.56 15.39 16.22
Dividend Payout % 0% 0% 0% 0% 0% 0% 15% 14% 20% 26% 17% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 4%
3 Years: 6%
TTM: 21%
Compounded Profit Growth
10 Years: 14%
5 Years: 15%
3 Years: 39%
TTM: -5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 15%
5 Years: 15%
3 Years: 16%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 8 10 12 14 16 14 18 21 23 25 31 36
28 38 50 54 65 48 48 54 61 67 57 65
19 29 36 49 43 62 63 62 57 54 63 71
Total Liabilities 60 81 103 122 129 130 133 142 146 151 155 178
16 27 28 29 31 29 30 29 30 31 31 31
CWIP 4 0 0 0 0 1 0 1 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
39 54 75 94 97 100 103 112 116 120 124 147
Total Assets 60 81 103 122 129 130 133 142 146 151 155 178

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
2 -1 -8 -1 -4 9 7 1 0 7 19 12
-9 -9 -3 -3 -6 -2 -4 -4 -3 -5 -4 -7
8 10 12 4 11 -4 -6 3 2 -3 -15 -5
Net Cash Flow 0 0 2 -0 0 2 -3 -0 -0 -0 0 -0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 61 64 84 72 79 77 78 92 79 83 102 96
Inventory Days 110 96 85 111 87 107 86 81 119 114 96 80
Days Payable 60 75 74 96 67 120 112 107 98 94 106 89
Cash Conversion Cycle 111 85 96 87 99 64 51 65 100 104 93 87
Working Capital Days 75 63 78 79 86 58 59 69 86 93 89 90
ROCE % 9% 14% 16% 13% 13% 13% 18% 14% 11% 10% 14% 13%

Shareholding Pattern

Numbers in percentages

Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022
94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.59% 94.62%
5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.41% 5.38%
No. of Shareholders 657657657657657657657657657657659655

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