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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Motor & General Finance Ltd

About the Company - Motor & General Finance Ltd

Motor & General Finance Ltd. is a Public Limited Listed company incorporated on 20/03/1930 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1930PLC000208 and registration number is 000208. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 4.18 Cr. and Equity Capital is Rs. 19.36 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsMGF House, New Delhi Delhi 110002mgfltd@hotmail.com
http://www.mgfltd.com
Management
NamePosition Held
Mr. Rajiv GuptaChairman & M.D & CEO
Mrs. Arti GuptaJoint Managing Director
Mr. Arun MitterExecutive Director
Mr. Bharat KumarInd. Non-Executive Director
Mr. Onkar Nath AggarwalInd. Non-Executive Director
Mr. Karun Pratap HoonInd. Non-Executive Director

Motor & General Finance Ltd. Share Price Update

Share PriceValue
Today₹39.50
Previous Day₹39.50

Basic Stock Data of Motor & General Finance Ltd

Market Cap 145 Cr.
Current Price 37.5
High / Low51.8/26.0
Stock P/E
Book Value 19.0
Dividend Yield0.00 %
ROCE3.07 %
ROE3.76 %
Face Value 5.00

Data Source: screener.in

Competitors of Motor & General Finance Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Rane Holdings Ltd 1,597 Cr. 1,1181,385/79212.3 5921.52 %11.1 %8.79 % 10.0
Nagreeka Capital & Infrastructure Ltd 27.9 Cr. 22.128.1/14.1 5.790.00 %7.52 %480 % 5.00
Sastasundar Ventures Ltd 1,119 Cr. 352507/190 2350.00 %10.9 %8.57 % 10.0
Advik Capital Ltd 135 Cr. 3.155.01/1.9023.2 1.500.00 %21.0 %27.0 % 1.00
Abirami Financial Services (India) Ltd 18.8 Cr. 34.844.1/17.315.2 37.75.75 %124 %97.1 % 10.0
Industry Average579.54 Cr306.0110.14174.401.45%34.90%124.29%7.20

Motor & General Finance Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales0.440.601.040.770.951.241.231.361.371.351.361.491.53
Expenses2.171.48-0.221.571.801.741.781.771.621.944.571.712.06
Operating Profit-1.73-0.881.26-0.80-0.85-0.50-0.55-0.41-0.25-0.59-3.21-0.22-0.53
OPM %-393.18%-146.67%121.15%-103.90%-89.47%-40.32%-44.72%-30.15%-18.25%-43.70%-236.03%-14.77%-34.64%
Other Income0.320.381.890.360.710.550.520.770.580.561.660.610.62
Interest0.160.120.120.120.120.120.120.110.110.120.110.100.11
Depreciation0.290.330.380.350.350.350.350.320.320.320.320.290.29
Profit before tax-1.86-0.952.65-0.91-0.61-0.42-0.50-0.07-0.10-0.47-1.980.00-0.31
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-1.85-0.942.66-0.92-0.62-0.42-0.50-0.07-0.10-0.47-1.980.00-0.31
EPS in Rs-0.48-0.240.69-0.24-0.16-0.11-0.13-0.02-0.03-0.12-0.510.00-0.08

Motor & General Finance Ltd Quarterly Chart

Motor & General Finance Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales14.7215.1614.7411.679.746.212.494.595.635.73
Expenses12.6111.4311.6110.1312.2811.764.866.829.8910.28
Operating Profit2.113.733.131.54-2.54-5.55-2.37-2.23-4.26-4.55
OPM %14.33%24.60%21.23%13.20%-26.08%-89.37%-95.18%-48.58%-75.67%-79.41%
Other Income5.074.721.011.480.794.162.411.673.363.45
Interest7.035.515.253.901.280.770.630.480.450.44
Depreciation0.901.001.251.171.461.291.281.411.281.22
Profit before tax-0.751.94-2.36-2.05-4.49-3.45-1.87-2.45-2.63-2.76
Tax %-28.00%27.32%30.93%38.54%18.71%-0.87%0.00%0.00%0.00%
Net Profit-2.21-0.05-1.63-1.27-3.65-3.49-1.87-2.46-2.62-2.76
EPS in Rs-0.57-0.01-0.42-0.33-0.94-0.90-0.48-0.64-0.68-0.71
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Motor & General Finance Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)97.74%-3160.00%22.09%-187.40%4.38%46.42%-31.55%-6.50%
Change in YoY Net Profit Growth (%)0.00%-3257.74%3182.09%-209.49%191.79%42.03%-77.97%25.05%

Motor & General Finance Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-14%
3 Years:-3%
TTM:11%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:6%
TTM:-99%
Stock Price CAGR
10 Years:7%
5 Years:9%
3 Years:25%
1 Year:33%
Return on Equity
10 Years:%
5 Years:-4%
3 Years:-3%
Last Year:-4%

Motor & General Finance Ltd Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital19.3619.3619.3619.3619.3619.3619.3619.3619.3619.36
Reserves67.6667.9168.8667.6363.9860.2058.8356.7754.4754.16
Borrowings52.7049.3940.1618.784.244.393.832.891.982.18
Other Liabilities28.5829.4735.6253.5867.2570.3897.8199.1098.0498.58
Total Liabilities168.30166.13164.00159.35154.83154.33179.83178.12173.85174.28
Fixed Assets27.9627.0447.4353.9952.5551.3955.7254.2352.9552.37
CWIP0.000.000.000.000.000.000.000.000.000.00
Investments27.5325.134.303.643.942.935.665.822.862.84
Other Assets112.81113.96112.27101.7298.34100.01118.45118.07118.04119.07
Total Assets168.30166.13164.00159.35154.83154.33179.83178.12173.85174.28

Motor & General Finance Ltd Reserves and Borrowings Chart

Motor & General Finance Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2.674.36-5.2536.56-3.790.026.401.111.04
Cash from Investing Activity 5.485.411.17-6.610.21-0.21-5.520.070.22
Cash from Financing Activity -8.72-8.952.92-29.333.58-0.11-0.92-1.23-1.13
Net Cash Flow-0.570.82-1.160.63-0.00-0.29-0.03-0.050.12

Motor & General Finance Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days5.4633.4769.83126.362.2573.4786.4945.337.13
Inventory Days
Days Payable
Cash Conversion Cycle5.4633.4769.83126.362.2573.4786.4945.337.13
Working Capital Days2,099.991,988.721,913.151,529.752,478.553,862.188,270.404,376.823,636.39
ROCE %2.64%2.17%1.58%-3.32%-3.12%-1.49%-2.45%-3.07%

Motor & General Finance Ltd Financial Efficiency Indicators Chart

Motor & General Finance Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters67.68%67.68%68.75%68.93%69.05%69.05%69.04%69.14%69.14%69.34%69.03%69.57%
FIIs2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.01%
Public29.66%29.66%28.59%28.41%28.29%28.29%28.30%28.19%28.18%27.99%28.30%27.76%
No. of Shareholders7,2487,4417,6938,0327,8447,8107,9497,9738,3848,1648,0698,105

Motor & General Finance Ltd Shareholding Pattern Chart

No. of Motor & General Finance Ltd Shareholders

This stock is not held by any mutual fund

Motor & General Finance Ltd ROCE Trend

Motor & General Finance Ltd EPS Trend

Motor & General Finance Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.0010.0010.00
Basic EPS (Rs.)-0.68-0.63-0.49-0.91-1.88
Diluted EPS (Rs.)-0.68-0.63-0.49-0.91-1.88
Cash EPS (Rs.)-0.34-0.25-0.15-1.35-1.07
Book Value[Excl.RevalReserv]/Share (Rs.)12.3612.9613.4927.6829.64
Book Value[Incl.RevalReserv]/Share (Rs.)19.0619.6620.1941.0943.04
Revenue From Operations / Share (Rs.)1.401.080.542.944.54
PBDIT / Share (Rs.)-0.22-0.130.01-0.93-0.85
PBIT / Share (Rs.)-0.55-0.49-0.32-1.60-1.61
PBT / Share (Rs.)-0.67-0.62-0.48-2.00-2.25
Net Profit / Share (Rs.)-0.67-0.62-0.48-2.02-1.82
NP After MI And SOA / Share (Rs.)-0.67-0.63-0.48-1.80-1.88
PBDIT Margin (%)-16.01-12.461.88-31.70-18.73
PBIT Margin (%)-39.56-46.31-58.84-54.42-35.31
PBT Margin (%)-47.83-57.80-88.32-67.92-49.61
Net Profit Margin (%)-47.83-57.80-88.32-68.52-40.09
NP After MI And SOA Margin (%)-48.32-58.83-88.64-61.34-41.44
Return on Networth / Equity (%)-5.47-4.89-3.58-6.51-6.35
Return on Capital Employeed (%)-1.90-1.67-1.06-2.61-2.55
Return On Assets (%)-1.50-1.37-1.04-2.26-2.35
Total Debt / Equity (X)0.040.050.070.080.07
Asset Turnover Ratio (%)0.030.020.010.030.05
Current Ratio (X)1.891.831.842.722.88
Quick Ratio (X)0.020.020.030.120.08
Interest Coverage Ratio (X)-1.93-1.080.06-2.35-1.31
Interest Coverage Ratio (Post Tax) (X)-4.78-4.03-2.00-4.08-1.80
Enterprise Value (Cr.)120.81105.86100.6258.0093.81
EV / Net Operating Revenue (X)22.2625.3647.6010.1910.66
EV / EBITDA (X)-138.99-203.382523.44-32.13-56.88
MarketCap / Net Operating Revenue (X)21.9424.7245.899.4510.23
Price / BV (X)2.492.061.861.001.57
Price / Net Operating Revenue (X)21.9524.7245.929.4610.23
EarningsYield-0.02-0.02-0.01-0.06-0.04

Motor & General Finance Ltd Profitability Ratios (%)

Motor & General Finance Ltd Liquidity Ratios

Motor & General Finance Ltd Liquidity Ratios (%)

Motor & General Finance Ltd Interest Coverage Ratios (X)

Motor & General Finance Ltd Valuation Ratios

Fair Value / Intrinsic Value of Motor & General Finance Ltd

Fair Value: ₹10.93

The stock is overvalued by 70.85% compared to the current price ₹37.5

*Investments are subject to market risks

Strength and Weakness of Motor & General Finance Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 2.78, which is a positive sign.
  2. The company has higher reserves (62.05 cr) compared to borrowings (18.05 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of -0.91 and average Dividend Yield of -46.89%.
  2. The stock has a low average ROCE of -0.78%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 49.98, which may not be favorable.
  4. The company has not shown consistent growth in sales (9.07) and profit (-2.09).

Should I Buy Motor & General Finance Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Motor & General Finance Ltd:
    1. Net Profit Margin: -47.83%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: -1.90% (Industry Average ROCE: 20.18%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): -4.78
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.02
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 26.36)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.04
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Motor & General Finance 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