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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Maral Overseas Ltd

About the Company - Maral Overseas Ltd

Maral Overseas Ltd. is a Public Limited Listed company incorporated on 27/01/1989 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L17124MP1989PLC008255 and registration number is 008255. Currently company belongs to the Industry of Textiles - Spinning - Cotton Blended. Company’s Total Operating Revenue is Rs. 1082.44 Cr. and Equity Capital is Rs. 41.51 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedMaral Sarovar, V. & P.O. Khalbujurg, Khargone District Madhya Pradesh 451660maral.investor@lnjbhilwara.com
http://www.Injbhilwara.com
Management
NamePosition Held
Mr. Shekhar AgarwalChairman & M.D & CEO
Mr. Shantanu AgarwalJoint Managing Director
Mr. Ravi JhunjhunwalaDirector
Dr. Kamal GuptaIndependent Director
Mr. Priya Shankar DasguptaIndependent Director
Mrs. Archana CapoorIndependent Director

Basic Stock Data of Maral Overseas Ltd

Last Updated: June 25, 2024, 10:31 pm

Market Cap 309 Cr.
Current Price 74.5
High / Low102/44.8
Stock P/E
Book Value 31.7
Dividend Yield0.00 %
ROCE4.55 %
ROE7.17 %
Face Value 10.0
PEG Ratio0.00

Competitors of Maral Overseas Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Vardhman Textiles Ltd (VTL) 13,760 Cr. 476505/33421.8 3150.74 %8.80 %7.15 % 2.00
Nahar Polyfilms Ltd 614 Cr. 250270/167108 3250.60 %0.04 %0.72 % 5.00
Amarjothi Spinning Mills Ltd 127 Cr. 188208/14815.8 2681.17 %8.80 %4.52 % 10.0
Dhanalaxmi Roto Spinners Ltd 75.4 Cr. 193228/82.06.21 1260.78 %38.4 %28.4 % 10.0
Nagreeka Exports Ltd 102 Cr. 32.549.8/22.016.9 47.00.00 %6.14 %4.66 % 5.00
Industry Average2,901.28 Cr182.0082.06105.230.28%13.03%8.61%6.79

Maral Overseas Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales193.17204.10224.05279.57263.20315.62259.10257.41237.89271.45227.66245.00227.63
Expenses169.64180.02195.73246.03229.74293.63249.09262.77235.09259.46229.99232.63213.81
Operating Profit23.5324.0828.3233.5433.4621.9910.01-5.362.8011.99-2.3312.3713.82
OPM %12.18%11.80%12.64%12.00%12.71%6.97%3.86%-2.08%1.18%4.42%-1.02%5.05%6.07%
Other Income1.253.833.825.397.555.544.984.733.322.243.343.794.51
Interest4.564.154.425.815.285.525.965.175.656.327.739.418.88
Depreciation6.005.955.936.226.737.237.247.137.488.128.248.608.80
Profit before tax14.2217.8121.7926.9029.0014.781.79-12.93-7.01-0.21-14.96-1.850.65
Tax %17.79%32.51%6.29%25.99%28.86%59.34%-11.73%16.32%10.98%-314.29%3.61%-23.78%-63.08%
Net Profit11.6912.0220.4219.9120.636.012.00-10.82-6.24-0.87-14.42-2.291.06
EPS in Rs2.822.904.924.804.971.450.48-2.61-1.50-0.21-3.47-0.550.26

Last Updated: June 5, 2024, 11:01 am

Maral Overseas Ltd Quarterly Chart

Maral Overseas Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5365596536486196666417576766321,0821,026972
Expenses4975015655905726216157216685789651,006936
Operating Profit38588959474625368541172036
OPM %7%10%14%9%8%7%4%5%1%8%11%2%4%
Other Income58-11412151215178221514
Interest27231919191819171617212332
Depreciation19193835252318202424263034
Profit before tax-22431181421113-152192-18-16
Tax %0%0%5%5%25%33%-65%39%0%40%28%13%
Net Profit-2242917101418-151367-16-17
EPS in Rs-0.475.837.104.022.463.330.241.96-3.683.0216.14-3.84-3.97
Dividend Payout %0%0%0%0%0%0%0%0%0%0%12%0%

Maral Overseas Ltd Profit & Loss Yearly Chart

Maral Overseas Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:5%
3 Years:15%
TTM:-6%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:40%
Stock Price CAGR
10 Years:10%
5 Years:27%
3 Years:16%
1 Year:40%
Return on Equity
10 Years:9%
5 Years:6%
3 Years:9%
Last Year:-7%

Last Updated: June 25, 2024, 5:01 pm

Maral Overseas Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital42424242424242424242424242
Reserves-37-1514273853515942561249983
Preference Capital3131313126-0-0-0-0-0-0-0
Borrowings243233216201212231211248223204243372432
Other Liabilities86809190799610010712614018012099
Total Liabilities334340363359371421404455433442590633656
Fixed Assets197185165171153158157188182160175203230
CWIP121311313302341100
Investments0000010001111
Other Assets136153197184207260232264250279411388325
Total Assets334340363359371421404455433442590633656

Maral Overseas Ltd Reserves and Borrowings Chart

Maral Overseas Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 763861852544683156383416
Cash from Investing Activity -5-6-24-45-14-22-26-39-11-2-31-90
Cash from Financing Activity -71-31-38-36-15-24-4111-42-43-276
Net Cash Flow-12-14-3-2134-812

Maral Overseas Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days242024284547464156373546
Inventory Days961229112413810183839916412798
Days Payable252420163840444860913722
Cash Conversion Cycle9511895135144108857595110125123
Working Capital Days425542667451595285779399
ROCE %17%19%13%11%12%6%9%0%12%30%1%

Maral Overseas Ltd Financial Efficiency Indicators Chart

Maral Overseas Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters74.95%74.95%74.95%74.95%74.95%74.95%74.95%74.95%74.95%74.95%74.95%74.95%
FIIs0.01%0.09%0.32%0.31%0.17%0.12%0.10%0.09%0.09%0.16%0.09%0.10%
DIIs0.01%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.04%24.96%24.73%24.74%24.88%24.94%24.95%24.95%24.95%24.89%24.97%24.94%
No. of Shareholders15,03715,94716,46416,51916,39416,69616,90816,69916,48117,32017,36918,507

Maral Overseas Ltd Shareholding Pattern Chart

No. of Maral Overseas Ltd Shareholders

This stock is not held by any mutual fund

Maral Overseas Ltd ROCE Trend

Maral Overseas Ltd EPS Trend

Maral Overseas Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-2.35-3.8416.143.02-3.68
Diluted EPS (Rs.)-2.35-3.8416.143.02-3.68
Cash EPS (Rs.)5.903.3822.438.802.20
Book Value[Excl.RevalReserv]/Share (Rs.)31.6933.9739.9023.5220.18
Book Value[Incl.RevalReserv]/Share (Rs.)31.6933.9739.9023.5220.18
Dividend / Share (Rs.)0.000.002.000.000.00
Revenue From Operations / Share (Rs.)231.28247.15260.78152.26162.85
PBDIT / Share (Rs.)14.398.3633.6414.805.98
PBIT / Share (Rs.)6.141.1427.349.020.10
PBT / Share (Rs.)-2.04-4.4222.285.03-3.68
Net Profit / Share (Rs.)-2.35-3.8416.143.02-3.68
PBDIT Margin (%)6.223.3812.899.713.67
PBIT Margin (%)2.650.4610.485.920.06
PBT Margin (%)-0.88-1.788.543.30-2.26
Net Profit Margin (%)-1.01-1.556.181.98-2.26
Return on Networth / Equity (%)-7.42-11.2940.4412.83-18.24
Return on Capital Employeed (%)6.561.6541.0221.100.28
Return On Assets (%)-1.28-2.5111.362.83-3.53
Long Term Debt / Equity (X)1.180.640.400.490.45
Total Debt / Equity (X)3.232.331.311.792.38
Asset Turnover Ratio (%)1.381.682.101.451.52
Current Ratio (X)0.971.071.260.990.80
Quick Ratio (X)0.530.550.620.610.46
Inventory Turnover Ratio (X)3.503.374.733.904.17
Dividend Payout Ratio (NP) (%)0.00-52.120.000.000.00
Dividend Payout Ratio (CP) (%)0.0059.130.000.000.00
Earning Retention Ratio (%)0.00152.120.000.000.00
Cash Earning Retention Ratio (%)0.0040.870.000.000.00
Interest Coverage Ratio (X)1.761.506.643.711.58
Interest Coverage Ratio (Post Tax) (X)0.710.314.191.760.02
Enterprise Value (Cr.)679.41517.00549.28306.96229.08
EV / Net Operating Revenue (X)0.700.500.500.480.33
EV / EBITDA (X)11.3714.903.935.009.22
MarketCap / Net Operating Revenue (X)0.270.190.310.210.05
Retention Ratios (%)0.00152.120.000.000.00
Price / BV (X)1.981.382.051.390.46
Price / Net Operating Revenue (X)0.270.190.310.210.05
EarningsYield-0.03-0.080.190.09-0.39

Maral Overseas Ltd Profitability Ratios (%)

Maral Overseas Ltd Liquidity Ratios

Maral Overseas Ltd Liquidity Ratios (%)

Maral Overseas Ltd Interest Coverage Ratios (%)

Maral Overseas Ltd Valuation Ratios

Fair Value

Fair Value: 34.78

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.

Overvalued: 53.32% compared to the current price 74.5

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 33.05

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 55.64% compared to the current price ₹74.5

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -4.97%

*Investments are subject to market risks

Strength and Weakness of Maral Overseas Ltd Stock

StrengthWeakness
  1. The company has higher reserves (45.69 cr) compared to borrowings (11.54 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (566.23 cr) and profit (14.15 cr) over the years.
  1. The stock has a low average ROCE of 10.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 66.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 109.00, which may not be favorable.

FAQ

What is the latest fair value of Maral Overseas Ltd?

The latest fair value of Maral Overseas Ltd is ₹34.78.

What is the Market Cap of Maral Overseas Ltd?

The Market Cap of Maral Overseas Ltd is 309 Cr..

What is the current Stock Price of Maral Overseas Ltd as on 25 June 2024?

The current stock price of Maral Overseas Ltd as on 25 June 2024 is ₹74.5.

What is the High / Low of Maral Overseas Ltd stocks in FY 2024?

In FY 2024, the High / Low of Maral Overseas Ltd stocks is 102/44.8.

What is the Stock P/E of Maral Overseas Ltd?

The Stock P/E of Maral Overseas Ltd is .

What is the Book Value of Maral Overseas Ltd?

The Book Value of Maral Overseas Ltd is 31.7.

What is the Dividend Yield of Maral Overseas Ltd?

The Dividend Yield of Maral Overseas Ltd is 0.00 %.

What is the ROCE of Maral Overseas Ltd?

The ROCE of Maral Overseas Ltd is 4.55 %.

What is the ROE of Maral Overseas Ltd?

The ROE of Maral Overseas Ltd is 7.17 %.

What is the Face Value of Maral Overseas Ltd?

The Face Value of Maral Overseas Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Maral Overseas Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE