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Last Updated on: 24 February, 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.maraloverseas.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

Maral Overseas Ltd. Share Price Update

Share PriceValue
Today₹83.50
Previous Day₹84.57

Basic Stock Data of Maral Overseas Ltd

Market Cap 337 Cr.
Current Price 81.2
High / Low102/44.2
Stock P/E
Book Value 30.0
Dividend Yield0.00 %
ROCE0.95 %
ROE10.6 %
Face Value 10.0

Data Source: screener.in

Competitors of Maral Overseas Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Padam Cotton Yarns Ltd 19.4 Cr. 50.157.0/13.6 12.20.00 %83.3 %61.6 % 10.0
Mohini Health & Hygiene Ltd 110 Cr. 60.597.0/45.616.2 52.00.00 %12.1 %7.92 % 10.0
Vardhman Polytex Ltd 192 Cr. 70.274.0/18.5 1380.00 %33.7 %% 10.0
Nahar Polyfilms Ltd 485 Cr. 197293/18655.4 3270.76 %5.33 %5.08 % 5.00
Super Spinning Mills Ltd 53.1 Cr. 9.6511.7/5.30 14.90.00 %7.08 %15.0 % 1.00
Industry Average171.9 Cr77.4914.32108.820.15%28.3%17.92%7.2

Maral Overseas Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales167.53193.17204.10224.05279.57263.20315.62259.10257.41237.89271.45227.66245.00
Expenses155.53169.64180.02195.73246.03229.74293.63249.09262.77235.09259.46229.99232.63
Operating Profit12.0023.5324.0828.3233.5433.4621.9910.01-5.362.8011.99-2.3312.37
OPM %7.16%12.18%11.80%12.64%12.00%12.71%6.97%3.86%-2.08%1.18%4.42%-1.02%5.05%
Other Income1.571.253.833.825.397.555.544.984.733.322.243.343.79
Interest3.844.564.154.425.815.285.525.965.175.656.327.739.41
Depreciation6.006.005.955.936.226.737.237.247.137.488.128.248.60
Profit before tax3.7314.2217.8121.7926.9029.0014.781.79-12.93-7.01-0.21-14.96-1.85
Tax %0.54%17.79%32.51%6.29%25.99%28.86%59.34%-11.73%16.32%10.98%-314.29%3.61%-23.78%
Net Profit3.7111.6912.0220.4219.9120.636.012.00-10.82-6.24-0.87-14.42-2.29
EPS in Rs0.892.822.904.924.804.971.450.48-2.61-1.50-0.21-3.47-0.55

Maral Overseas Ltd Quarterly Chart

Maral Overseas Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5365596536486196666417576766321,0821,026982
Expenses4975015655905726216157216685789651,006957
Operating Profit38588959474625368541172025
OPM %7%10%14%9%8%7%4%5%1%8%11%2%3%
Other Income58-11412151215178221513
Interest27231919191819171617212329
Depreciation19193835252318202424263032
Profit before tax-22431181421113-152192-18-24
Tax %0%0%5%5%25%33%-65%39%0%40%28%13%
Net Profit-2242917101418-151367-16-24
EPS in Rs-0.475.837.104.022.463.330.241.96-3.683.0216.14-3.84-5.73
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:6%
5 Years:10%
3 Years:15%
TTM:-9%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:-2%
TTM:-83%
Stock Price CAGR
10 Years:17%
5 Years:26%
3 Years:45%
1 Year:52%
Return on Equity
10 Years:14%
5 Years:9%
3 Years:16%
Last Year:-11%

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 Capital31313131260000000
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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days262420242845474641563735
Inventory Days699612291124138101838399164127
Days Payable342524201638404448609137
Cash Conversion Cycle619511895135144108857595110125
Working Capital Days274255426674515952857793
ROCE %9%17%19%13%11%12%6%9%0%12%30%1%

Maral Overseas Ltd Financial Efficiency Indicators Chart

Maral Overseas Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
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%0.01%0.01%0.09%0.32%0.31%0.17%0.12%0.10%0.09%0.09%0.16%
DIIs0.01%0.01%0.01%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.04%25.04%25.04%24.96%24.73%24.74%24.88%24.94%24.95%24.95%24.95%24.89%
No. of Shareholders15,15014,88815,03715,94716,46416,51916,39416,69616,90816,69916,48117,320

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 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-3.8416.143.02-3.681.96
Diluted EPS (Rs.)-3.8416.143.02-3.681.96
Cash EPS (Rs.)3.3822.438.802.206.85
Book Value[Excl.RevalReserv]/Share (Rs.)33.9739.9023.5220.1824.23
Book Value[Incl.RevalReserv]/Share (Rs.)33.9739.9023.5220.1824.23
Dividend / Share (Rs.)0.002.000.000.000.00
Revenue From Operations / Share (Rs.)247.15260.78152.26162.85182.41
PBDIT / Share (Rs.)8.3633.6414.805.9812.20
PBIT / Share (Rs.)1.1427.349.020.107.31
PBT / Share (Rs.)-4.4222.285.03-3.683.21
Net Profit / Share (Rs.)-3.8416.143.02-3.681.96
PBDIT Margin (%)3.3812.899.713.676.68
PBIT Margin (%)0.4610.485.920.064.00
PBT Margin (%)-1.788.543.30-2.261.76
Net Profit Margin (%)-1.556.181.98-2.261.07
Return on Networth / Equity (%)-11.2940.4412.83-18.248.08
Return on Capital Employeed (%)1.6541.0221.100.2819.63
Return On Assets (%)-2.5111.362.83-3.531.79
Long Term Debt / Equity (X)0.640.400.490.450.50
Total Debt / Equity (X)2.331.311.792.382.24
Asset Turnover Ratio (%)1.682.101.451.521.77
Current Ratio (X)1.071.260.990.800.84
Quick Ratio (X)0.550.620.610.460.48
Inventory Turnover Ratio (X)3.374.733.904.174.56
Dividend Payout Ratio (NP) (%)-52.120.000.000.000.00
Dividend Payout Ratio (CP) (%)59.130.000.000.000.00
Earning Retention Ratio (%)152.120.000.000.000.00
Cash Earning Retention Ratio (%)40.870.000.000.000.00
Interest Coverage Ratio (X)1.506.643.711.582.98
Interest Coverage Ratio (Post Tax) (X)0.314.191.760.021.48
Enterprise Value (Cr.)517.00549.28306.96229.08323.37
EV / Net Operating Revenue (X)0.500.500.480.330.42
EV / EBITDA (X)14.903.935.009.226.38
MarketCap / Net Operating Revenue (X)0.190.310.210.050.13
Retention Ratios (%)152.120.000.000.000.00
Price / BV (X)1.382.051.390.461.04
Price / Net Operating Revenue (X)0.190.310.210.050.13
EarningsYield-0.080.190.09-0.390.07

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 of Maral Overseas Ltd Stock

Fair Value: ₹48.65

The stock is overvalued by 40.08% compared to the current price ₹81.2

*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 (567.00 cr) and profit (13.54 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 15.00 and average Dividend Yield of 4.18%.
  2. The stock has a low average ROCE of 11.58%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 60.25, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 103.83, which may not be favorable.

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