Metal Coatings (India) Ltd
Incorporated in 1994, Metal Coatings (India) Ltd is engaged in the manufacture and sale of Cold Rolled Steel Coils/Strips and H.R. Pickled & Oiled Coils/strips.
- Market Cap ₹ 62.7 Cr.
- Current Price ₹ 85.6
- High / Low ₹ 110 / 72.0
- Stock P/E 20.8
- Book Value ₹ 56.2
- Dividend Yield 0.00 %
- ROCE 8.16 %
- ROE 6.53 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.59% 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
101 | 109 | 114 | 92 | 98 | 110 | 154 | 120 | 94 | 142 | 170 | 168 | 167 | |
97 | 105 | 110 | 88 | 93 | 107 | 150 | 116 | 91 | 139 | 166 | 164 | 163 | |
Operating Profit | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 3 | 4 |
OPM % | 4% | 4% | 4% | 4% | 5% | 4% | 3% | 3% | 3% | 2% | 2% | 2% | 2% |
1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | |
Interest | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 |
Profit before tax | 2 | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 4 |
Tax % | 37% | 29% | 32% | 35% | 34% | 37% | 25% | 26% | 25% | 25% | 24% | 22% | |
1 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | |
EPS in Rs | 1.91 | 2.48 | 1.92 | 2.06 | 2.66 | 2.72 | 4.19 | 3.89 | 3.51 | 3.85 | 3.77 | 3.41 | 4.13 |
Dividend Payout % | 0% | 40% | 52% | 49% | 38% | 37% | 12% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 21% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | -4% |
3 Years: | -1% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 23% |
3 Years: | 37% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 8% |
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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 13 | 14 | 14 | 15 | 17 | 18 | 19 | 22 | 24 | 27 | 30 | 32 | 34 |
14 | 17 | 13 | 17 | 11 | 10 | 8 | 4 | 10 | 10 | 0 | 2 | 0 | |
3 | 3 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 6 | 6 | 9 | |
Total Liabilities | 37 | 41 | 40 | 45 | 40 | 39 | 40 | 38 | 46 | 49 | 43 | 48 | 51 |
7 | 8 | 8 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 5 | 10 |
27 | 30 | 28 | 34 | 32 | 33 | 35 | 31 | 41 | 45 | 38 | 37 | 35 | |
Total Assets | 37 | 41 | 40 | 45 | 40 | 39 | 40 | 38 | 46 | 49 | 43 | 48 | 51 |
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 | 0 | 4 | -1 | 4 | 1 | 3 | 8 | -5 | -6 | 11 | 3 | |
-0 | -2 | -0 | -0 | 3 | 0 | 0 | -2 | 2 | 0 | -1 | -5 | |
1 | 2 | -3 | 3 | -7 | -2 | -3 | -4 | 6 | 0 | -10 | 2 | |
Net Cash Flow | 0 | 0 | 0 | 2 | 0 | -0 | 0 | 2 | 3 | -5 | 0 | -0 |
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 | 62 | 64 | 62 | 79 | 84 | 80 | 65 | 74 | 98 | 71 | 60 | 62 |
Inventory Days | 32 | 33 | 26 | 47 | 38 | 31 | 16 | 11 | 37 | 33 | 16 | 16 |
Days Payable | 0 | 0 | 0 | 3 | 2 | 0 | 2 | 1 | 1 | 1 | 1 | 1 |
Cash Conversion Cycle | 94 | 96 | 88 | 124 | 120 | 111 | 79 | 84 | 135 | 103 | 76 | 78 |
Working Capital Days | 87 | 87 | 76 | 107 | 105 | 96 | 71 | 76 | 123 | 104 | 69 | 67 |
ROCE % | 13% | 12% | 11% | 10% | 12% | 10% | 13% | 12% | 9% | 9% | 9% | 8% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper publication for Unaudited Financial Results for the quarter and half year ended on 30th September, 2024 published on 13th November, 2024.
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Results - Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024
12 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Outcome for Outcome Of Board Meeting Under Regulations 30 And 33 Of SEBI (LODR) Regulations, 2015
12 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Intimation for Considering & Approving The Unaudited Standalone Financial Results Of The Company For The Quarter & Half Year Ended September 30, 2024
7 Nov - Board meeting scheduled to approve financial results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate under Regulation 74(5) for Q3 2024.
Annual reports
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Financial Year 2024
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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 2010
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Financial Year 2009
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Product Profile:[1]
a) Mcil Cold Rolled Steel Coils
b) Mcil Cold Rolled Steel Strips
c) Mcil HRPO Steel Strips
d) Mcil Hrpo Steel Coils