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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Marshall Machines Ltd

About the Company - Marshall Machines Ltd

Marshall Machines Ltd. is a Public Limited Listed company incorporated on 23/05/1994 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L29299PB1994PLC014605 and registration number is 014605. Currently company belongs to the Industry of Engineering - General. Company’s Total Operating Revenue is Rs. 60.33 Cr. and Equity Capital is Rs. 14.55 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralC-86, Phase - V, Focal Point, Ludhiana Punjab 141010csmarshall@marshallcnc.com
http://www.marshallcnc.com
Management
NamePosition Held
Mr. Gaurav SarupManaging Director
Mr. Prashant SarupWhole Time Director
Mr. Siddhant SarupWhole Time Director
Mrs. Archana SarupWhole Time Director
Mrs. Rita AggarwalIndependent Director
Mr. Anil SinglaIndependent Director
Mr. Satvinder SinghIndependent Director
Mr. Surinder Bir SinghIndependent Director

Basic Stock Data of Marshall Machines Ltd

Last Updated: June 17, 2024, 8:23 pm

Market Cap 69.8 Cr.
Current Price 29.2
High / Low61.2/22.3
Stock P/E
Book Value 31.8
Dividend Yield0.00 %
ROCE3.36 %
ROE9.35 %
Face Value 10.0
PEG Ratio0.00

Competitors of Marshall Machines Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Mazda Ltd 560 Cr. 1,3971,661/83217.8 5301.00 %21.2 %15.8 % 10.0
Skipper Ltd 3,989 Cr. 367401/15053.4 78.90.03 %20.1 %9.00 % 1.00
Mold-Tek Technologies Ltd 760 Cr. 266399/18027.3 42.81.28 %31.3 %24.7 % 2.00
Pitti Engineering Ltd 3,183 Cr. 9931,022/35435.3 1300.27 %20.0 %24.0 % 5.00
Lokesh Machines Ltd 794 Cr. 429476/17557.3 1060.00 %11.4 %7.80 % 10.0
Industry Average4,939.94 Cr760.8234.04130.640.23%20.98%18.69%5.93

Marshall Machines Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales13.1623.1229.0414.1612.509.2924.386.798.407.1412.1810.661.79
Expenses7.7019.7725.0712.6311.8110.0018.987.697.937.3312.979.402.74
Operating Profit5.463.353.971.530.69-0.715.40-0.900.47-0.19-0.791.26-0.95
OPM %41.49%14.49%13.67%10.81%5.52%-7.64%22.15%-13.25%5.60%-2.66%-6.49%11.82%-53.07%
Other Income0.040.030.040.030.030.030.040.081.131.280.010.020.05
Interest1.700.490.970.951.081.311.121.001.081.071.271.251.36
Depreciation1.631.601.351.601.621.621.431.581.441.441.421.231.25
Profit before tax2.171.291.69-0.99-1.98-3.612.89-3.40-0.92-1.42-3.47-1.20-3.51
Tax %33.64%17.83%29.59%20.20%28.28%14.40%25.26%25.59%25.00%25.35%23.92%13.33%25.07%
Net Profit1.441.061.18-0.80-1.42-3.082.16-2.52-0.69-1.06-2.64-1.03-2.63
EPS in Rs0.580.430.48-0.32-0.57-1.250.87-1.02-0.28-0.43-1.07-0.42-1.10

Last Updated: June 11, 2024, 3:02 am

Marshall Machines Ltd Quarterly Chart

Marshall Machines Ltd Profit & Loss

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales35.3141.6729.9943.8050.1859.3565.2359.5666.8360.3334.5031.77
Expenses33.3940.3328.3638.3344.0246.5450.0243.7457.4253.4435.9132.44
Operating Profit1.921.341.635.476.1612.8115.2115.829.416.89-1.41-0.67
OPM %5.44%3.22%5.44%12.49%12.28%21.58%23.32%26.56%14.08%11.42%-4.09%-2.11%
Other Income0.000.000.000.110.350.070.230.800.110.142.501.36
Interest0.000.000.003.623.113.223.714.403.814.464.414.95
Depreciation0.000.000.001.231.602.203.738.105.126.275.875.34
Profit before tax1.921.341.630.731.807.468.004.120.59-3.70-9.19-9.60
Tax %0.00%0.00%0.00%43.84%38.33%32.98%27.88%27.91%37.29%15.14%24.92%
Net Profit1.921.341.630.421.105.015.772.970.36-3.14-6.90-7.36
EPS in Rs8.004.325.261.353.5513.922.341.200.15-1.27-2.79-2.98
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Marshall Machines Ltd Profit & Loss Yearly Chart

Marshall Machines Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-16%
3 Years:-25%
TTM:-19%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:22%
Stock Price CAGR
10 Years:%
5 Years:10%
3 Years:31%
1 Year:-49%
Return on Equity
10 Years:%
5 Years:-5%
3 Years:-10%
Last Year:-9%

Last Updated: June 17, 2024, 2:53 pm

Marshall Machines Ltd Balance Sheet

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital1.411.811.811.811.812.1414.5514.5514.5514.5514.5514.55
Reserves3.334.896.536.948.0515.6923.9626.7234.5031.4324.9821.40
Borrowings11.7217.1824.6826.0623.8528.9234.2036.6540.6340.1845.2546.78
Other Liabilities9.599.8313.4424.5831.3232.9035.0643.2043.1049.1856.5156.54
Total Liabilities26.0533.7146.4659.3965.0379.65107.77121.12132.78135.34141.29139.27
Fixed Assets5.508.7410.3211.4714.9922.7946.3938.8068.2962.4857.4955.18
CWIP2.190.762.971.011.010.000.0014.110.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets18.3624.2133.1746.9149.0356.8661.3868.2164.4972.8683.8084.09
Total Assets26.0533.7146.4659.3965.0379.65107.77121.12132.78135.34141.29139.27

Marshall Machines Ltd Reserves and Borrowings Chart

Marshall Machines Ltd Cash Flow

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.000.000.007.0810.875.1913.6011.7911.344.780.16
Cash from Investing Activity 0.000.000.00-1.05-5.09-8.92-27.26-14.51-10.36-0.37-0.82
Cash from Financing Activity 0.000.000.00-5.40-5.175.0613.953.00-1.76-4.770.70
Net Cash Flow0.000.000.000.630.611.320.290.29-0.78-0.370.04

Marshall Machines Ltd Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2013Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days19.1221.2038.9539.3359.8670.2369.1186.0463.79108.90300.46
Inventory Days450.40394.66312.88374.48555.08378.47485.35667.09
Days Payable167.69197.60150.23150.88241.72166.27239.74505.12
Cash Conversion Cycle19.1221.2038.95322.04256.92232.88292.70399.40276.00354.51462.44
Working Capital Days83.11115.89207.88175.67116.67106.21109.17134.09136.98169.10309.56
ROCE %6.64%5.73%14.33%26.55%19.49%11.31%5.24%0.86%-5.59%

Marshall Machines Ltd Financial Efficiency Indicators Chart

Marshall Machines Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters73.39%73.39%67.55%66.99%66.99%60.00%60.00%52.01%52.01%47.34%28.89%28.89%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%
Public26.61%26.62%32.46%33.02%33.01%40.00%40.00%47.99%47.99%52.66%71.11%71.11%
No. of Shareholders4024954,0743,9524,2055,8645,6165,2674,5065,0806,2017,593

Marshall Machines Ltd Shareholding Pattern Chart

No. of Marshall Machines Ltd Shareholders

This stock is not held by any mutual fund

Marshall Machines Ltd ROCE Trend

Marshall Machines Ltd EPS Trend

Marshall Machines Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-4.74-2.160.372.044.97
Diluted EPS (Rs.)-4.74-2.160.372.044.97
Cash EPS (Rs.)-0.702.153.907.616.53
Book Value[Excl.RevalReserv]/Share (Rs.)27.1731.6033.7128.3626.47
Book Value[Incl.RevalReserv]/Share (Rs.)27.1731.6033.7128.3626.47
Revenue From Operations / Share (Rs.)23.7141.4646.1441.0644.83
PBDIT / Share (Rs.)0.754.846.7111.2410.61
PBIT / Share (Rs.)-3.280.523.195.678.05
PBT / Share (Rs.)-6.32-2.540.572.835.50
Net Profit / Share (Rs.)-4.74-2.150.372.043.97
PBDIT Margin (%)3.1611.6614.5427.3723.67
PBIT Margin (%)-13.851.276.9113.8017.95
PBT Margin (%)-26.65-6.121.236.8912.26
Net Profit Margin (%)-20.00-5.190.814.978.85
Return on Networth / Equity (%)-17.45-6.811.107.2014.99
Return on Capital Employeed (%)-7.831.246.6013.5822.00
Return On Assets (%)-4.88-2.310.402.455.35
Long Term Debt / Equity (X)0.450.200.260.330.21
Total Debt / Equity (X)1.140.870.680.780.66
Asset Turnover Ratio (%)0.240.440.520.520.69
Current Ratio (X)1.030.961.031.131.12
Quick Ratio (X)0.400.280.260.360.38
Inventory Turnover Ratio (X)0.350.841.020.821.24
Interest Coverage Ratio (X)0.241.582.563.964.16
Interest Coverage Ratio (Post Tax) (X)-0.560.291.141.722.56
Enterprise Value (Cr.)112.1689.4549.1040.0460.63
EV / Net Operating Revenue (X)3.251.480.730.670.92
EV / EBITDA (X)102.6112.715.032.453.93
MarketCap / Net Operating Revenue (X)1.950.820.260.200.60
Price / BV (X)1.701.080.360.291.02
Price / Net Operating Revenue (X)1.950.820.260.200.60
EarningsYield-0.10-0.060.030.240.14

Marshall Machines Ltd Profitability Ratios (%)

Marshall Machines Ltd Liquidity Ratios

Marshall Machines Ltd Liquidity Ratios (%)

Marshall Machines Ltd Interest Coverage Ratios (%)

Marshall Machines Ltd Valuation Ratios

Fair Value

Fair Value: 45.49

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.

Undervalued: 55.79% compared to the current price 29.2

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

Intrinsic Value: 32.74

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.

Undervalued: 12.12% compared to the current price ₹29.2

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

Last 5 Year EPS CAGR: -28.03%

*Investments are subject to market risks

Strength and Weakness of Marshall Machines Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (48.21 cr) and profit (0.43 cr) over the years.
  1. The stock has a low average ROCE of 7.69%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 151.30, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 243.29, which may not be favorable.
  4. The company has higher borrowings (31.34) compared to reserves (17.37), which may suggest financial risk.

FAQ

What is the latest fair value of Marshall Machines Ltd?

The latest fair value of Marshall Machines Ltd is ₹45.49.

What is the Market Cap of Marshall Machines Ltd?

The Market Cap of Marshall Machines Ltd is 69.8 Cr..

What is the current Stock Price of Marshall Machines Ltd as on 18 June 2024?

The current stock price of Marshall Machines Ltd as on 18 June 2024 is ₹29.2.

What is the High / Low of Marshall Machines Ltd stocks in FY 2024?

In FY 2024, the High / Low of Marshall Machines Ltd stocks is 61.2/22.3.

What is the Stock P/E of Marshall Machines Ltd?

The Stock P/E of Marshall Machines Ltd is .

What is the Book Value of Marshall Machines Ltd?

The Book Value of Marshall Machines Ltd is 31.8.

What is the Dividend Yield of Marshall Machines Ltd?

The Dividend Yield of Marshall Machines Ltd is 0.00 %.

What is the ROCE of Marshall Machines Ltd?

The ROCE of Marshall Machines Ltd is 3.36 %.

What is the ROE of Marshall Machines Ltd?

The ROE of Marshall Machines Ltd is 9.35 %.

What is the Face Value of Marshall Machines Ltd?

The Face Value of Marshall Machines 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 Marshall Machines 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