Madhav Copper Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:14 am

Market Cap	178 Cr.
Current Price	65.5
High / Low	84.0/31.3
Stock P/E	33.2
Book Value	15.9
Dividend Yield	0.00 %
ROCE	3.62 %
ROE	3.04 %
Face Value	5.00
PEG Ratio	-1.41

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
MSR India Ltd	43.3 Cr.	6.88	14.4/6.01		2.22	0.00 %	3.84 %	9.83 %	5.00
ND Metal Industries Ltd	24.8 Cr.	100	115/81.3	95.4	16.0	0.00 %	4.43 %	3.43 %	10.0
Baroda Extrusion Ltd	140 Cr.	9.41	15.0/2.80		2.63	0.00 %	6.20 %	%	1.00
ABC Gas (International) Ltd	34.1 Cr.	172	172/49.6		21.0	0.00 %	13.5 %	15.6 %	10.0
Sagardeep Alloys Ltd	49.3 Cr.	28.9	40.4/22.2	50.8	16.9	0.00 %	5.54 %	2.78 %	10.0
Industry Average	4,342.00 Cr	93.53		61.20	22.16	0.09%	10.80%	10.67%	5.45

All Competitor Stocks of

Quarterly Result

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	145.75	111.62	10.64	-0.01	0.00	0.00	0.00	0.00	0.00	1.44	6.02	13.47
Expenses	144.59	110.04	10.86	0.43	0.78	0.30	2.40	-0.55	0.52	2.02	6.68	13.56
Operating Profit	1.16	1.58	-0.22	-0.44	-0.78	-0.30	-2.40	0.55	-0.52	-0.58	-0.66	-0.09
OPM %	0.80%	1.42%	-2.07%							-40.28%	-10.96%	-0.67%
Other Income	0.16	0.95	0.04	0.01	0.72	0.01	0.17	0.04	-0.01	0.01	0.07	0.18
Interest	0.04	0.15	0.25	0.24	0.22	0.25	0.27	0.03	0.02	0.01	0.03	0.20
Depreciation	0.83	0.75	0.70	0.72	0.72	0.56	0.56	0.56	0.56	0.44	0.45	0.47
Profit before tax	0.45	1.63	-1.13	-1.39	-1.00	-1.10	-3.06	0.00	-1.11	-1.02	-1.07	-0.58
Tax %	-6.67%	24.54%	25.66%	8.63%	-55.00%	78.18%	0.98%		-3.60%	1.96%	1.87%	-55.17%
Net Profit	0.49	1.22	-0.84	-1.27	-1.55	-0.24	-3.03	0.02	-1.16	-1.01	-1.06	-0.90
EPS in Rs	0.18	0.45	-0.31	-0.47	-0.57	-0.09	-1.12	0.01	-0.43	-0.37	-0.39	-0.33

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	0.00	1.12	19.63	35.61	71.45	168.77	212.88	202.28	383.35	122.20	0.00	7.46
Expenses	0.00	1.43	18.36	33.57	69.02	164.28	203.99	193.58	374.22	122.06	2.41	8.67
Operating Profit	0.00	-0.31	1.27	2.04	2.43	4.49	8.89	8.70	9.13	0.14	-2.41	-1.21
OPM %		-27.68%	6.47%	5.73%	3.40%	2.66%	4.18%	4.30%	2.38%	0.11%		-16.22%
Other Income	0.00	0.01	0.06	0.07	0.19	0.29	0.06	0.79	0.42	1.72	-0.04	0.11
Interest	0.00	0.18	0.42	0.81	1.04	0.92	1.26	1.06	0.83	0.87	0.57	0.09
Depreciation	0.00	0.14	0.41	0.22	0.45	0.66	1.77	2.35	2.63	2.88	2.25	2.01
Profit before tax	0.00	-0.62	0.50	1.08	1.13	3.20	5.92	6.08	6.09	-1.89	-5.27	-3.20
Tax %		0.00%	30.00%	32.41%	25.66%	25.94%	38.51%	26.64%	26.60%	-29.10%	16.32%
Net Profit	0.00	-0.62	0.35	0.73	0.84	2.37	3.64	4.45	4.47	-2.44	-4.41	-3.21
EPS in Rs	0.00	-0.69	0.19	0.30	0.34	0.96	1.48	1.64	1.65	-0.90	-1.62	-1.18
Dividend Payout %		0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	156.45%	108.57%	15.07%	182.14%	53.59%	22.25%	0.45%	-154.59%	-80.74%
Change in YoY Net Profit Growth (%)	0.00%	-47.88%	-93.50%	167.07%	-128.56%	-31.33%	-21.80%	-155.04%	73.85%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	41%
5 Years:	-30%
3 Years:	-55%
TTM:	949%

Compounded Profit Growth
10 Years:	15%
5 Years:	-20%
3 Years:	-35%
TTM:	267%

Stock Price CAGR
10 Years:	%
5 Years:	-11%
3 Years:	25%
1 Year:	96%

Return on Equity
10 Years:	4%
5 Years:	1%
3 Years:	-5%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:36 pm

Month	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	0.24	0.75	1.50	1.50	2.05	2.05	6.16	13.57	13.57	13.57	13.57	13.57	13.57
Reserves	0.20	-0.57	-0.08	0.95	4.99	7.36	6.89	28.61	33.08	30.64	26.22	27.45	29.51
Borrowings	0.30	3.97	6.40	5.93	11.09	7.29	11.92	4.14	2.95	7.33	1.04	13.18	15.82
Other Liabilities	0.06	0.59	4.19	0.73	4.69	7.13	20.57	13.50	80.69	63.11	62.54	9.89	16.49
Total Liabilities	0.80	4.74	12.01	9.11	22.82	23.83	45.54	59.82	130.29	114.65	103.37	64.09	75.39
Fixed Assets	0.59	2.29	2.38	2.56	3.84	5.53	12.10	12.83	15.30	13.44	11.20	9.89	9.45
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.62	2.60	2.61	2.93	2.93
Investments	0.00	0.00	0.04	0.00	0.00	0.80	1.18	1.15	1.15	0.71	0.17	0.02	0.02
Other Assets	0.21	2.45	9.59	6.55	18.98	17.50	32.26	45.84	112.22	97.90	89.39	51.25	62.99
Total Assets	0.80	4.74	12.01	9.11	22.82	23.83	45.54	59.82	130.29	114.65	103.37	64.09	75.39

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-0.30	-4.28	-5.13	-3.89	-8.66	-2.80	-3.03	4.56	6.18	-7.19	-3.45

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	218.35	117.14	35.98	44.19	29.72	40.45	23.64	34.56	109.02		52.88
Inventory Days	423.66	50.80	24.20	41.71	3.91	12.81	21.21	49.28	107.13	12,797.81	350.51
Days Payable	26.07	71.21	3.36	22.74	12.55	31.96	19.36	77.58	179.42	22,074.90	87.86
Cash Conversion Cycle	615.94	96.74	56.82	63.16	21.07	21.30	25.49	6.26	36.73		315.53
Working Capital Days	593.12	96.50	53.20	63.55	21.30	17.87	42.67	28.67	102.66		418.80
ROCE %	-18.00%	15.37%	23.33%	15.84%	22.85%	34.46%	18.12%	14.18%	-3.16%	-9.72%	3.62%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	66.32%	66.32%	66.32%	66.33%	66.34%	66.34%	66.34%	66.34%	66.34%	66.34%	66.34%	66.34%
Public	33.69%	33.69%	33.68%	33.67%	33.66%	33.66%	33.66%	33.66%	33.66%	33.66%	33.66%	33.66%
No. of Shareholders	9,805	13,613	12,745	12,149	11,659	11,422	10,763	10,697	10,996	11,649	12,850	14,069

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	0.45	-1.63	-0.90	1.65	1.64
Diluted EPS (Rs.)	0.45	-1.63	-0.90	1.65	1.64
Cash EPS (Rs.)	1.13	-0.79	0.16	2.62	2.51
Book Value[Excl.RevalReserv]/Share (Rs.)	15.11	14.66	16.29	17.19	15.54
Book Value[Incl.RevalReserv]/Share (Rs.)	15.11	14.66	16.29	17.19	15.54
Revenue From Operations / Share (Rs.)	13.08	0.00	45.04	141.23	74.52
PBDIT / Share (Rs.)	1.31	-0.90	0.67	3.47	3.48
PBIT / Share (Rs.)	0.63	-1.73	-0.38	2.50	2.62
PBT / Share (Rs.)	0.42	-1.94	-0.69	2.24	2.24
Net Profit / Share (Rs.)	0.45	-1.63	-0.89	1.65	1.64
PBDIT Margin (%)	10.04	0.00	1.50	2.46	4.67
PBIT Margin (%)	4.84	0.00	-0.85	1.77	3.51
PBT Margin (%)	3.25	0.00	-1.54	1.58	3.00
Net Profit Margin (%)	3.45	0.00	-1.99	1.16	2.19
Return on Networth / Equity (%)	2.99	-11.09	-5.51	9.57	10.54
Return on Capital Employeed (%)	3.86	-11.58	-2.29	14.26	15.75
Return On Assets (%)	1.91	-4.27	-2.12	3.42	7.43
Long Term Debt / Equity (X)	0.07	0.01	0.00	0.01	0.06
Total Debt / Equity (X)	0.32	0.02	0.15	0.03	0.06
Asset Turnover Ratio (%)	0.42	0.00	0.99	4.03	3.84
Current Ratio (X)	2.58	1.42	1.41	1.36	3.12
Quick Ratio (X)	1.02	0.88	0.90	0.75	2.38
Inventory Turnover Ratio (X)	0.85	0.02	2.67	9.89	11.80
Interest Coverage Ratio (X)	6.31	-4.34	2.12	11.39	8.30
Interest Coverage Ratio (Post Tax) (X)	3.17	-6.80	-1.83	6.26	4.81
Enterprise Value (Cr.)	100.29	63.22	86.86	246.55	178.10
EV / Net Operating Revenue (X)	2.82	0.00	0.71	0.64	0.88
EV / EBITDA (X)	28.12	-25.72	47.19	26.14	18.83
MarketCap / Net Operating Revenue (X)	2.46	0.00	0.65	0.63	0.90
Price / BV (X)	2.13	1.57	1.82	5.26	4.33
Price / Net Operating Revenue (X)	2.46	0.00	0.65	0.63	0.90
EarningsYield	0.01	-0.07	-0.03	0.01	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 16.37

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Overvalued by 75.01% compared to the current share price 65.50

Intrinsic Value of as of December 22, 2024 is: 12.52

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 80.89% compared to the current share price 65.50

Last 5 Year EPS CAGR: -23.51%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (15.02 cr) compared to borrowings (7.03 cr), indicating strong financial stability. The company has shown consistent growth in sales (102.06 cr) and profit (1.09 cr) over the years.	The stock has a low average ROCE of 9.74%, which may not be favorable. The stock has a high average Working Capital Days of 119.86, which may not be favorable. The stock has a high average Cash Conversion Cycle of 104.92, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 3.45%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 3.86% (Industry Average ROCE: 10.8%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 2.99% (Industry Average ROE: 10.67%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.17
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.02
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 33.2 (Industry average Stock P/E: 61.2)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.32
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Madhav Copper Ltd. is a Public Limited Listed company incorporated on 19/11/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27201GJ2012PLC072719 and registration number is 072719. Currently Company is involved in the business activities of Manufacture of copper from ore, and other copper products and alloys. Company’s Total Operating Revenue is Rs. 122.25 Cr. and Equity Capital is Rs. 13.57 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Metals - Non Ferrous - Copper/Copper Alloys - Prod	Plot No.2107/D, Office No.203, Bhavnagar Gujarat 364001	cs@madhavcopper.com http://www.madhavcopper.com

Management
Name	Position Held
Mr. Nilesh Natubhai Patel	Chairman & Wholetime Director
Mr. Rohit Bhikhabhai Chauhan	Managing Director
Ms. Divya Arvindbhai Monpara	Non Executive Director
Ms. Chaitnya Bhanubhai Doshi	Independent Director
Mrs. Dinal Ashokbhai Lakhani	Independent Director
Mr. Jaysukh Bhanabhai Dabhi	Independent Director

FAQ

What is the latest intrinsic value of Madhav Copper Ltd?

The latest intrinsic value of Madhav Copper Ltd as on 21 December 2024 is ₹16.37, which is 75.01% lower than the current market price of ₹65.50. The stock has a market capitalization of 178 Cr. and recorded a high/low of 84.0/31.3 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹29.51 Cr and total liabilities of ₹75.39 Cr.

What is the Market Cap of Madhav Copper Ltd?

The Market Cap of Madhav Copper Ltd is 178 Cr..

What is the current Stock Price of Madhav Copper Ltd as on 21 December 2024?

The current stock price of Madhav Copper Ltd as on 21 December 2024 is 65.5.

What is the High / Low of Madhav Copper Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Madhav Copper Ltd stocks is 84.0/31.3.

What is the Stock P/E of Madhav Copper Ltd?

The Stock P/E of Madhav Copper Ltd is 33.2.

What is the Book Value of Madhav Copper Ltd?

The Book Value of Madhav Copper Ltd is 15.9.

What is the Dividend Yield of Madhav Copper Ltd?

The Dividend Yield of Madhav Copper Ltd is 0.00 %.

What is the ROCE of Madhav Copper Ltd?

The ROCE of Madhav Copper Ltd is 3.62 %.

What is the ROE of Madhav Copper Ltd?

The ROE of Madhav Copper Ltd is 3.04 %.

What is the Face Value of Madhav Copper Ltd?

The Face Value of Madhav Copper Ltd is 5.00.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Madhav Copper Ltd?

What is the Market Cap of Madhav Copper Ltd?

What is the current Stock Price of Madhav Copper Ltd as on 21 December 2024?

What is the High / Low of Madhav Copper Ltd stocks in FY 2024-2025?

What is the Stock P/E of Madhav Copper Ltd?

What is the Book Value of Madhav Copper Ltd?

What is the Dividend Yield of Madhav Copper Ltd?

What is the ROCE of Madhav Copper Ltd?

What is the ROE of Madhav Copper Ltd?

What is the Face Value of Madhav Copper Ltd?

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