Fundamental Analysis of McNally Bharat Engineering Company Ltd
About the Company - McNally Bharat Engineering Company Ltd
McNally Bharat Engineering Company Ltd. is a Public Limited Listed company incorporated on 10/07/1961 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L45202WB1961PLC025181 and registration number is 025181. Currently Company is involved in the business activities of Construction and maintenance of power plants. Company’s Total Operating Revenue is Rs. 252.71 Cr. and Equity Capital is Rs. 211.57 Cr. for the Year ended 31/03/2022.
McNally Bharat Engineering Company Ltd Quarterly Results
Month
Sep 2020
Dec 2020
Mar 2021
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Sales
101
120
175
91
109
116
109
92
87
111
90
41
47
Expenses
101
136
155
103
105
118
197
125
193
205
178
48
59
Operating Profit
-0
-16
20
-12
4
-2
-88
-33
-106
-93
-88
-7
-12
OPM %
-0%
-13%
11%
-13%
4%
-2%
-81%
-36%
-121%
-84%
-97%
-17%
-26%
Other Income
10
8
4
9
13
20
-1
11
12
-59
104
11
11
Interest
16
9
4
10
13
14
15
1,021
144
600
173
241
190
Depreciation
5
3
3
3
3
4
3
3
3
3
2
1
1
Profit before tax
-11
-19
17
-16
1
1
-107
-1,046
-241
-756
-159
-237
-192
Tax %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
-39%
0%
0%
Net Profit
-11
-19
17
-16
1
1
-107
-1,046
-241
-756
-221
-237
-192
EPS in Rs
-0.54
-0.93
0.89
-0.74
0.05
0.04
-4.67
-49.41
-11.36
-35.73
-10.82
-11.20
-9.07
Last Updated: July 10, 2024, 7:42 pm
McNally Bharat Engineering Company Ltd Quarterly Chart
McNally Bharat Engineering Company Ltd Profit & Loss
Last Updated: July 10, 2024, 7:42 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Sales
2,643
2,682
2,632
2,430
2,694
2,172
1,682
1,739
730
502
403
381
218
Expenses
2,467
2,513
2,512
2,278
2,692
2,527
1,832
2,205
1,043
496
488
701
339
Operating Profit
177
169
120
152
1
-356
-149
-466
-313
6
-86
-320
-121
OPM %
7%
6%
5%
6%
0%
-16%
-9%
-27%
-43%
1%
-21%
-84%
-55%
Other Income
51
21
77
101
47
317
153
135
62
30
40
68
137
Interest
116
162
231
284
385
489
589
447
118
64
63
1,939
802
Depreciation
26
31
40
46
38
45
31
23
18
16
13
10
4
Profit before tax
85
-3
-74
-78
-375
-572
-617
-802
-388
-44
-121
-2,201
-791
Tax %
22%
-736%
-2%
-5%
-0%
91%
24%
1%
0%
0%
0%
-3%
Net Profit
66
-21
-75
-81
-377
-51
-470
-791
-387
-44
-121
-2,263
-853
EPS in Rs
21.11
-7.03
-24.25
-18.30
-72.15
-10.62
-29.17
-45.51
-18.26
-2.11
-5.32
-107.32
-40.67
Dividend Payout %
5%
-14%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
McNally Bharat Engineering Company Ltd Profit & Loss Yearly Chart
McNally Bharat Engineering Company Ltd Growth
Compounded Sales Growth
10 Years:
-24%
5 Years:
-37%
3 Years:
-31%
TTM:
-56%
Compounded Profit Growth
10 Years:
%
5 Years:
-4%
3 Years:
%
TTM:
61%
Stock Price CAGR
10 Years:
-26%
5 Years:
13%
3 Years:
-24%
1 Year:
24%
Return on Equity
10 Years:
%
5 Years:
%
3 Years:
%
Last Year:
%
Last Updated: July 24, 2024, 5:23 pm
McNally Bharat Engineering Company Ltd Balance Sheet
Last Updated: July 10, 2024, 7:42 pm
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Sep 2023
Equity Capital
31
31
31
41
51
54
158
172
212
212
212
212
212
Reserves
332
350
276
302
-467
45
-127
-42
-204
-259
-385
-3,536
-3,966
Preference Capital
0
8
10
10
0
0
96
39
0
0
0
Borrowings
718
1,067
1,395
1,800
2,497
3,095
3,468
2,340
2,397
2,385
2,405
3,106
3,108
Other Liabilities
1,729
1,796
1,987
2,024
2,238
2,288
1,834
1,196
683
460
467
2,317
2,663
Total Liabilities
2,810
3,244
3,690
4,167
4,319
5,482
5,334
3,666
3,088
2,798
2,699
2,098
2,017
Fixed Assets
346
396
405
314
286
385
360
193
199
183
154
18
17
CWIP
60
11
8
9
5
4
5
5
5
5
5
5
5
Investments
46
94
0
27
30
21
16
1
1
1
1
1
1
Other Assets
2,359
2,743
3,277
3,817
3,998
5,072
4,953
3,467
2,883
2,609
2,539
2,073
1,994
Total Assets
2,810
3,244
3,690
4,167
4,319
5,482
5,334
3,666
3,088
2,798
2,699
2,098
2,017
McNally Bharat Engineering Company Ltd Reserves and Borrowings Chart
McNally Bharat Engineering Company Ltd 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
Mar 2024
Cash from Operating Activity
-156
-184
-457
-392
-568
-303
359
-187
63
-7
10
-13
Cash from Investing Activity
-88
67
135
-25
-22
65
390
47
2
47
-11
-1
Cash from Financing Activity
231
121
329
429
595
302
-806
120
-48
-33
6
1
Net Cash Flow
-12
5
6
12
6
64
-57
-19
16
7
5
-13
McNally Bharat Engineering Company Ltd Financial Efficiency Indicators
Month
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Debtor Days
209
221
225
231
204
295
390
365
717
791
900
722
Inventory Days
63
200
92
80
72
355
618
267
255
307
202
1
Days Payable
246
800
329
327
312
1,476
1,412
771
597
859
955
394
Cash Conversion Cycle
26
-379
-12
-16
-35
-827
-404
-139
375
239
146
329
Working Capital Days
90
131
172
246
179
308
499
327
771
1,095
1,278
-756
ROCE %
17%
12%
8%
6%
0%
-3%
-1%
-11%
-11%
1%
-1%
McNally Bharat Engineering Company Ltd Financial Efficiency Indicators Chart
McNally Bharat Engineering Company Ltd Share Holding Pattern
Month
Jun 2021
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Promoters
34.21%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
32.79%
DIIs
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
0.04%
1.17%
1.14%
Public
65.75%
67.17%
67.17%
67.17%
67.17%
67.17%
67.16%
67.17%
67.17%
67.17%
66.02%
66.06%
No. of Shareholders
14,997
16,021
18,178
23,824
24,773
24,492
24,204
24,019
23,271
23,076
22,440
22,703
McNally Bharat Engineering Company Ltd Shareholding Pattern Chart
No. of McNally Bharat Engineering Company Ltd Shareholders
This stock is not held by any mutual fund
McNally Bharat Engineering Company Ltd ROCE Trend
McNally Bharat Engineering Company Ltd EPS Trend
McNally Bharat Engineering Company Ltd Key Financial Ratios
Month
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
FaceValue
10.00
10.00
10.00
10.00
10.00
Basic EPS (Rs.)
-41.74
-107.32
-5.32
-2.11
-18.26
Diluted EPS (Rs.)
-41.74
-107.32
-5.32
-2.11
-18.26
Cash EPS (Rs.)
-41.59
-106.49
-5.10
-1.29
-17.46
Book Value[Excl.RevalReserv]/Share (Rs.)
-198.86
-157.15
-7.60
-1.28
1.27
Book Value[Incl.RevalReserv]/Share (Rs.)
-198.86
-157.15
-7.60
-1.28
1.27
Revenue From Operations / Share (Rs.)
7.95
18.00
20.05
23.70
34.51
PBDIT / Share (Rs.)
-2.18
-13.06
-1.25
0.89
-13.27
PBIT / Share (Rs.)
-2.33
-13.53
-1.85
0.12
-14.13
PBT / Share (Rs.)
-41.74
-104.03
-5.71
-2.06
-18.32
Net Profit / Share (Rs.)
-41.74
-106.97
-5.70
-2.06
-18.31
NP After MI And SOA / Share (Rs.)
-41.74
-107.32
-5.32
-2.11
-18.25
PBDIT Margin (%)
-27.47
-72.54
-6.21
3.77
-38.46
PBIT Margin (%)
-29.38
-75.18
-9.21
0.53
-40.94
PBT Margin (%)
-525.34
-578.02
-28.46
-8.67
-53.10
Net Profit Margin (%)
-525.35
-594.33
-28.41
-8.67
-53.07
NP After MI And SOA Margin (%)
-525.36
-596.29
-26.52
-8.91
-52.90
Return on Networth / Equity (%)
0.00
0.00
0.00
0.00
-4826.25
Return on Capital Employeed (%)
1.17
8.62
1168.92
1.89
-165.13
Return On Assets (%)
-44.17
-108.25
-4.17
-1.59
-12.50
Long Term Debt / Equity (X)
0.00
0.00
-0.53
-1.69
8.47
Total Debt / Equity (X)
-0.73
-0.93
-13.34
-47.99
281.04
Asset Turnover Ratio (%)
0.08
0.09
0.09
0.11
0.17
Current Ratio (X)
0.23
0.28
0.71
0.75
0.78
Quick Ratio (X)
0.23
0.28
0.69
0.72
0.74
Inventory Turnover Ratio (X)
135.10
0.05
2.50
2.35
2.31
Interest Coverage Ratio (X)
-0.05
-0.14
-0.51
0.40
-3.16
Interest Coverage Ratio (Post Tax) (X)
-0.05
-0.17
-0.76
0.05
-3.36
Enterprise Value (Cr.)
3186.27
3143.13
2438.13
2464.37
2350.00
EV / Net Operating Revenue (X)
18.95
8.25
5.75
4.91
3.22
EV / EBITDA (X)
-68.98
-11.38
-92.45
130.31
-8.37
MarketCap / Net Operating Revenue (X)
0.59
0.18
0.25
0.32
0.07
Price / BV (X)
-0.02
-0.02
-0.63
-3.48
6.67
Price / Net Operating Revenue (X)
0.59
0.18
0.25
0.32
0.07
EarningsYield
-8.79
-32.92
-1.03
-0.27
-7.24
McNally Bharat Engineering Company Ltd Profitability Ratios (%)
McNally Bharat Engineering Company Ltd Liquidity Ratios
McNally Bharat Engineering Company Ltd Liquidity Ratios (%)
McNally Bharat Engineering Company Ltd Interest Coverage Ratios (%)
McNally Bharat Engineering Company Ltd Valuation Ratios
Fair Value
Fair Value: 456.71
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: 9,474.53% compared to the current price 4.77
Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used
Intrinsic Value: 243.08
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: 4,996.09% compared to the current price 4.77
Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used
Last 5 Year EPS CAGR: -46.77%
*Investments are subject to market risks
Strength and Weakness of McNally Bharat Engineering Company Ltd Stock
Strength
Weakness
The stock has a low average Cash Conversion Cycle of -58.08, which is a positive sign.
The stock has a low average ROCE of 1.42%, which may not be favorable.
The stock has a high average Working Capital Days of 164.08, which may not be favorable.
The company has higher borrowings (2,435.42) compared to reserves (-705.50), which may suggest financial risk.
The company has not shown consistent growth in sales (172.92) and profit (-290.92).
FAQ
What is the latest fair value of McNally Bharat Engineering Company Ltd?
The latest fair value of McNally Bharat Engineering Company Ltd is ₹456.70.
What is the Market Cap of McNally Bharat Engineering Company Ltd?
The Market Cap of McNally Bharat Engineering Company Ltd is 101 Cr..
What is the current Stock Price of McNally Bharat Engineering Company Ltd as on 27 July 2024?
The current stock price of McNally Bharat Engineering Company Ltd as on 27 July 2024 is 4.77.
What is the High / Low of McNally Bharat Engineering Company Ltd stocks in FY 2024?
In FY 2024, the High / Low of McNally Bharat Engineering Company Ltd stocks is 7.23/2.90.
What is the Stock P/E of McNally Bharat Engineering Company Ltd?
The Stock P/E of McNally Bharat Engineering Company Ltd is .
What is the Book Value of McNally Bharat Engineering Company Ltd?
The Book Value of McNally Bharat Engineering Company Ltd is 199.
What is the Dividend Yield of McNally Bharat Engineering Company Ltd?
The Dividend Yield of McNally Bharat Engineering Company Ltd is 0.00 %.
What is the ROCE of McNally Bharat Engineering Company Ltd?
The ROCE of McNally Bharat Engineering Company Ltd is %.
What is the ROE of McNally Bharat Engineering Company Ltd?
The ROE of McNally Bharat Engineering Company Ltd is %.
What is the Face Value of McNally Bharat Engineering Company Ltd?
The Face Value of McNally Bharat Engineering Company Ltd is 10.0.
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 McNally Bharat Engineering Company 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
