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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

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.
INDUSTRYADDRESSCONTACT
Engineering - General4, Mangoe Lane, Kolkata West Bengal 700001mbecal@mbecl.co.in
http://www.mcnallybharat.com
Management
NamePosition Held
Mr. Aditya KhaitanChairman
Ms. Kasturi RoychoudhuryIndependent Director
Mr. Nilotpal RoyIndependent Director
Mr. Asim Kumar BarmanIndependent Director

Basic Stock Data of McNally Bharat Engineering Company Ltd

Last Updated: July 24, 2024, 10:53 pm

Market Cap 98.8 Cr.
Current Price 4.72
High / Low7.23/2.90
Stock P/E
Book Value 199
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0
PEG Ratio0.00

Data Source: screener.in

Competitors of McNally Bharat Engineering Company Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
EMA India Ltd 4.10 Cr. 40.648.0/15.6 11.10.00 %345 %% 10.0
DMR Hydroengineering & Infrastructures Ltd 62.9 Cr. 166211/61.240.8 20.40.07 %33.8 %26.6 % 10.0
Craftsman Automation Ltd 12,414 Cr. 5,2085,840/3,78243.8 7850.22 %20.0 %20.0 % 5.00
Confidence Futuristic Energetech Ltd 258 Cr. 103159/96.059.0 62.70.36 %7.07 %5.56 % 5.00
Chemtech Industrial Valves Ltd 249 Cr. 170208/31.060.0 23.90.00 %16.7 %17.7 % 10.0
Industry Average6,168.11 Cr750.9147.76115.870.26%32.24%22.01%6.15

McNally Bharat Engineering Company Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales101120175911091161099287111904147
Expenses1011361551031051181971251932051784859
Operating Profit-0-1620-124-2-88-33-106-93-88-7-12
OPM %-0%-13%11%-13%4%-2%-81%-36%-121%-84%-97%-17%-26%
Other Income108491320-11112-591041111
Interest1694101314151,021144600173241190
Depreciation5333343333211
Profit before tax-11-1917-1611-107-1,046-241-756-159-237-192
Tax %0%0%0%0%0%0%0%0%0%0%-39%0%0%
Net Profit-11-1917-1611-107-1,046-241-756-221-237-192
EPS in Rs-0.54-0.930.89-0.740.050.04-4.67-49.41-11.36-35.73-10.82-11.20-9.07

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

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,6432,6822,6322,4302,6942,1721,6821,739730502403381218
Expenses2,4672,5132,5122,2782,6922,5271,8322,2051,043496488701339
Operating Profit1771691201521-356-149-466-3136-86-320-121
OPM %7%6%5%6%0%-16%-9%-27%-43%1%-21%-84%-55%
Other Income5121771014731715313562304068137
Interest11616223128438548958944711864631,939802
Depreciation2631404638453123181613104
Profit before tax85-3-74-78-375-572-617-802-388-44-121-2,201-791
Tax %22%-736%-2%-5%-0%91%24%1%0%0%0%-3%
Net Profit66-21-75-81-377-51-470-791-387-44-121-2,263-853
EPS in Rs21.11-7.03-24.25-18.30-72.15-10.62-29.17-45.51-18.26-2.11-5.32-107.32-40.67
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

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital313131415154158172212212212212212
Reserves332350276302-46745-127-42-204-259-385-3,536-3,966
Preference Capital081010009639000
Borrowings7181,0671,3951,8002,4973,0953,4682,3402,3972,3852,4053,1063,108
Other Liabilities1,7291,7961,9872,0242,2382,2881,8341,1966834604672,3172,663
Total Liabilities2,8103,2443,6904,1674,3195,4825,3343,6663,0882,7982,6992,0982,017
Fixed Assets3463964053142863853601931991831541817
CWIP601189545555555
Investments4694027302116111111
Other Assets2,3592,7433,2773,8173,9985,0724,9533,4672,8832,6092,5392,0731,994
Total Assets2,8103,2443,6904,1674,3195,4825,3343,6663,0882,7982,6992,0982,017

McNally Bharat Engineering Company Ltd Reserves and Borrowings Chart

McNally Bharat Engineering Company Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -156-184-457-392-568-303359-18763-710-13
Cash from Investing Activity -8867135-25-226539047247-11-1
Cash from Financing Activity 231121329429595302-806120-48-3361
Net Cash Flow-125612664-57-191675-13

McNally Bharat Engineering Company Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days209221225231204295390365717791900722
Inventory Days632009280723556182672553072021
Days Payable2468003293273121,4761,412771597859955394
Cash Conversion Cycle26-379-12-16-35-827-404-139375239146329
Working Capital Days901311722461793084993277711,0951,278-756
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

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters34.21%32.79%32.79%32.79%32.79%32.79%32.79%32.79%32.79%32.79%32.79%32.79%
DIIs0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%1.17%1.14%
Public65.75%67.17%67.17%67.17%67.17%67.17%67.16%67.17%67.17%67.17%66.02%66.06%
No. of Shareholders14,99716,02118,17823,82424,77324,49224,20424,01923,27123,07622,44022,703

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

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
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.)-198.86-157.15-7.60-1.281.27
Book Value[Incl.RevalReserv]/Share (Rs.)-198.86-157.15-7.60-1.281.27
Revenue From Operations / Share (Rs.)7.9518.0020.0523.7034.51
PBDIT / Share (Rs.)-2.18-13.06-1.250.89-13.27
PBIT / Share (Rs.)-2.33-13.53-1.850.12-14.13
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 (%)-27.47-72.54-6.213.77-38.46
PBIT Margin (%)-29.38-75.18-9.210.53-40.94
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 (%)0.000.000.000.00-4826.25
Return on Capital Employeed (%)1.178.621168.921.89-165.13
Return On Assets (%)-44.17-108.25-4.17-1.59-12.50
Long Term Debt / Equity (X)0.000.00-0.53-1.698.47
Total Debt / Equity (X)-0.73-0.93-13.34-47.99281.04
Asset Turnover Ratio (%)0.080.090.090.110.17
Current Ratio (X)0.230.280.710.750.78
Quick Ratio (X)0.230.280.690.720.74
Inventory Turnover Ratio (X)135.100.052.502.352.31
Interest Coverage Ratio (X)-0.05-0.14-0.510.40-3.16
Interest Coverage Ratio (Post Tax) (X)-0.05-0.17-0.760.05-3.36
Enterprise Value (Cr.)3186.273143.132438.132464.372350.00
EV / Net Operating Revenue (X)18.958.255.754.913.22
EV / EBITDA (X)-68.98-11.38-92.45130.31-8.37
MarketCap / Net Operating Revenue (X)0.590.180.250.320.07
Price / BV (X)-0.02-0.02-0.63-3.486.67
Price / Net Operating Revenue (X)0.590.180.250.320.07
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: 9,575.95% compared to the current price 4.72

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: 5,050.07% compared to the current price 4.72

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

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -58.08, which is a positive sign.
  1. The stock has a low average ROCE of 1.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 164.08, which may not be favorable.
  3. The company has higher borrowings (2,435.42) compared to reserves (-705.50), which may suggest financial risk.
  4. 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 98.8 Cr..

What is the current Stock Price of McNally Bharat Engineering Company Ltd as on 25 July 2024?

The current stock price of McNally Bharat Engineering Company Ltd as on 25 July 2024 is 4.72.

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.

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 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