Mafatlal Industries Ltd
The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]
- Market Cap ₹ 1,315 Cr.
- Current Price ₹ 183
- High / Low ₹ 221 / 97.2
- Stock P/E 12.9
- Book Value ₹ 114
- Dividend Yield 0.55 %
- ROCE 6.76 %
- ROE 8.20 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 3.80% over last 3 years.
- Earnings include an other income of Rs.52.3 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: Textiles Industry: Textiles - Composite
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
797 | 920 | 1,013 | 1,323 | 1,238 | 1,168 | 1,024 | 1,006 | 603 | 1,003 | 1,372 | 2,079 | 1,945 | |
750 | 892 | 995 | 1,283 | 1,223 | 1,175 | 1,085 | 1,012 | 650 | 991 | 1,343 | 2,033 | 1,892 | |
Operating Profit | 47 | 28 | 19 | 40 | 15 | -8 | -61 | -7 | -47 | 12 | 28 | 46 | 53 |
OPM % | 6% | 3% | 2% | 3% | 1% | -1% | -6% | -1% | -8% | 1% | 2% | 2% | 3% |
50 | 25 | 40 | 21 | 43 | 33 | -53 | 42 | -5 | 54 | 45 | 64 | 52 | |
Interest | 32 | 15 | 17 | 21 | 27 | 31 | 30 | 31 | 22 | 19 | 18 | 15 | 15 |
Depreciation | 14 | 18 | 17 | 21 | 32 | 36 | 36 | 17 | 17 | 16 | 15 | 15 | 15 |
Profit before tax | 51 | 20 | 25 | 19 | -1 | -42 | -180 | -13 | -91 | 32 | 40 | 79 | 75 |
Tax % | 26% | -18% | 5% | 9% | -908% | -0% | 0% | 3% | 3% | 9% | 7% | -25% | |
37 | 23 | 24 | 17 | 4 | -42 | -180 | -14 | -94 | 29 | 37 | 99 | 102 | |
EPS in Rs | 7.57 | 3.24 | 3.43 | 2.46 | 0.59 | -6.00 | -25.87 | -1.97 | -13.50 | 4.09 | 5.26 | 13.81 | 14.23 |
Dividend Payout % | 13% | 19% | 18% | 24% | 68% | -7% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 15% |
3 Years: | 51% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 21% |
3 Years: | 41% |
TTM: | 106% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 65% |
3 Years: | 89% |
1 Year: | 75% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -1% |
3 Years: | 4% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 10 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 315 | 332 | 350 | 362 | 576 | 785 | 493 | 271 | 453 | 672 | 600 | 800 |
135 | 122 | 148 | 224 | 250 | 234 | 207 | 150 | 148 | 113 | 94 | 82 | |
174 | 186 | 251 | 331 | 358 | 360 | 292 | 381 | 330 | 424 | 466 | 910 | |
Total Liabilities | 633 | 655 | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,806 |
93 | 158 | 165 | 213 | 318 | 298 | 139 | 138 | 122 | 98 | 95 | 86 | |
CWIP | 63 | 15 | 36 | 9 | 8 | 7 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 48 | 47 | 46 | 46 | 284 | 502 | 374 | 168 | 444 | 633 | 523 | 631 |
428 | 435 | 515 | 663 | 588 | 585 | 493 | 510 | 378 | 493 | 557 | 1,089 | |
Total Assets | 633 | 655 | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,806 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 12 | 7 | -35 | 88 | 12 | 8 | 24 | 7 | 10 | -7 | 159 | |
6 | -51 | -7 | -21 | -73 | 49 | 40 | 84 | 31 | 61 | 36 | -2 | |
-25 | -38 | 4 | 52 | -11 | -52 | -57 | -91 | -29 | -52 | -34 | -23 | |
Net Cash Flow | -3 | -78 | 4 | -5 | 4 | 9 | -9 | 17 | 8 | 18 | -5 | 133 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 56 | 55 | 72 | 86 | 85 | 89 | 70 | 92 | 131 | 93 | 76 | 112 |
Inventory Days | 82 | 78 | 69 | 65 | 76 | 76 | 52 | 49 | 17 | 33 | 36 | 17 |
Days Payable | 78 | 81 | 108 | 115 | 111 | 125 | 106 | 146 | 173 | 159 | 126 | 161 |
Cash Conversion Cycle | 60 | 53 | 33 | 35 | 50 | 40 | 15 | -4 | -24 | -34 | -14 | -32 |
Working Capital Days | 35 | 38 | 32 | 44 | 42 | 43 | 42 | 17 | -16 | -12 | 3 | -19 |
ROCE % | 18% | 6% | 3% | 6% | 1% | -2% | -8% | 2% | -9% | 2% | 5% | 7% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23 Aug - Read with Schedule III, Part A of the SEBI (LODR) Regulations, 2015 we would like to inform you that the officials of the Company will …
-
Announcement under Regulation 30 (LODR)-Change in Directorate
4 Aug - Of completion of tenure of Independent Directors of the Company.
- Announcement under Regulation 30 (LODR)-Investor Presentation 3 Aug
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 3 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Aug - Newspaper advertisement for Declaration of Interim Dividend and Record Date.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
History
The co. is a 118+ years old textile manufacturing player in India and part of Arvind Mafatlal Group founded by Mr. Mafatlal Gagalbhai. The company is a part of promoter group of NOCIL Ltd with ~15.16% stake.
[1]