Morgan Ventures Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: January 24, 2025, 8:26 pm

Market Cap	93.3 Cr.
Current Price	94.2
High / Low	154/34.8
Stock P/E	5.43
Book Value	75.0
Dividend Yield	0.00 %
ROCE	10.5 %
ROE	16.9 %
Face Value	10.0
PEG Ratio	0.09

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Morgan Ventures Ltd

Competitors of Morgan Ventures Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Morarka Finance Ltd	62.2 Cr.	138	191/127	22.2	387	4.34 %	4.04 %	3.58 %	10.0
Morgan Ventures Ltd	93.3 Cr.	94.2	154/34.8	5.43	75.0	0.00 %	10.5 %	16.9 %	10.0
Mufin Green Finance Ltd	1,598 Cr.	97.6	274/90.4	82.6	16.0	0.00 %	10.6 %	8.27 %	1.00
Mukesh Babu Financial Services Ltd	101 Cr.	145	181/111	18.4	490	0.83 %	3.62 %	2.40 %	10.0
Nalin Lease Finance Ltd	37.0 Cr.	56.5	99.9/38.7	9.28	51.1	0.00 %	17.4 %	13.1 %	10.0
Industry Average	20,484.35 Cr	613.95		37.87	556.30	0.22%	19.71%	10.56%	8.69

All Competitor Stocks of Morgan Ventures Ltd

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	5.10	4.11	6.25	9.00	7.04	-3.69	-0.36	3.59	3.93	4.56	10.91	5.89	12.48
Expenses	0.06	0.05	1.34	0.05	0.07	0.07	2.12	0.08	0.10	0.06	0.17	0.83	0.12
Operating Profit	5.04	4.06	4.91	8.95	6.97	-3.76	-2.48	3.51	3.83	4.50	10.74	5.06	12.36
OPM %	98.82%	98.78%	78.56%	99.44%	99.01%			97.77%	97.46%	98.68%	98.44%	85.91%	99.04%
Other Income	0.00	0.00	0.00	0.00	0.00	0.77	0.00	0.01	0.01	0.00	0.00	1.39	0.07
Interest	0.93	1.55	1.06	0.62	0.35	0.54	0.85	1.46	1.61	2.04	3.62	2.36	3.72
Depreciation	0.00	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	4.11	2.51	3.83	8.33	6.62	-3.53	-3.33	2.06	2.23	2.46	7.12	4.09	8.71
Tax %	-12.65%	0.40%	71.28%	27.13%	11.33%	-25.21%	-18.32%	35.92%	11.66%	25.20%	32.44%	-22.49%	36.97%
Net Profit	4.63	2.50	1.10	6.07	5.87	-2.64	-2.72	1.32	1.98	1.84	4.81	5.01	5.50
EPS in Rs	4.68	2.53	1.11	6.13	5.93	-2.67	-2.75	1.33	2.00	1.86	4.86	5.06	5.56

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Jun 2013	Jun 2014	Mar 2015n n 9m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	4	4	1	0	0	0	-3	1	6	17	12	23	34
Expenses	3	2	2	0	0	0	0	0	0	2	2	0	1
Operating Profit	1	3	-1	-0	-0	-0	-3	1	6	15	10	23	33
OPM %	22%	63%	-196%			-2,900%		77%	95%	91%	81%	98%	97%
Other Income	0	0	-0	0	0	0	0	0	0	0	1	0	1
Interest	0	0	0	0	0	0	0	1	3	4	2	9	12
Depreciation	1	1	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	-0	2	-1	0	0	0	-3	-0	3	11	8	14	22
Tax %	-121%	1%	65%	17%	33%	0%	-27%	100%	50%	25%	19%	28%
Net Profit	0	2	-2	0	0	0	-2	-0	1	8	7	10	17
EPS in Rs	0.05	1.55	-2.25	0.06	0.03	0.01	-2.30	-0.10	1.47	8.44	6.65	10.05	17.34
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	100.00%	700.00%	-12.50%	42.86%
Change in YoY Net Profit Growth (%)	0.00%	600.00%	-712.50%	55.36%

Morgan Ventures Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	19%
5 Years:	%
3 Years:	58%
TTM:	875%

Compounded Profit Growth
10 Years:	70%
5 Years:	45%
3 Years:	90%
TTM:	933%

Stock Price CAGR
10 Years:	32%
5 Years:	66%
3 Years:	53%
1 Year:	121%

Return on Equity
10 Years:	5%
5 Years:	11%
3 Years:	16%
Last Year:	17%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

Month	Jun 2013	Jun 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	30	31	29	29	29	29	28	27	29	37	44	54	64
Borrowings	0	0	0	0	0	0	0	38	36	108	156	156	145
Other Liabilities	11	12	10	9	0	0	0	0	1	4	6	9	27
Total Liabilities	51	53	49	48	39	39	38	76	76	159	216	229	247
Fixed Assets	11	10	0	0	0	0	0	0	0	0	0	0	20
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	8	9	11	9	2	2	0	51	53	139	197	210	224
Other Assets	32	35	38	39	37	37	37	24	23	20	19	19	2
Total Assets	51	53	49	48	39	39	38	76	76	159	216	229	247

Reserves and Borrowings Chart

Cash Flow

Month	Jun 2013	Jun 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 +	5	0	-1	-2	-6	-6	-0	12	-2	-2	-2	1
Cash from Investing Activity +	-1	-1	7	2	7	0	0	-50	4	-69	-46	3
Cash from Financing Activity +	-4	0	0	0	0	0	0	38	-2	71	48	-4
Net Cash Flow	0	-0	6	-0	1	-6	-0	0	-0	0	0	-0

Free Cash Flow

Month	Jun 2013	Jun 2014	Mar 2015n n 9m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	1.00	3.00	-1.00	0.00	0.00	0.00	-3.00	-37.00	-30.00	-93.00	-146.00	-133.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Jun 2013	Jun 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	81	72	0			0	0	0	0	0	0	0
Inventory Days							-2,230
Days Payable
Cash Conversion Cycle	81	72	0			0	-2,230	0	0	0	0	0
Working Capital Days	1,416	1,361	11,065			658,460	4,421	7,347	1,441	415	539	282
ROCE %	0%	4%	-3%	0%	0%	0%	-8%	2%	7%	13%	5%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%	74.80%
Public	25.20%	25.20%	25.19%	25.18%	25.20%	25.19%	25.19%	25.18%	25.20%	25.18%	25.20%	25.21%
No. of Shareholders	4,308	4,383	4,579	4,355	4,290	4,369	4,427	4,534	4,571	4,780	5,170	6,050

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 16	Mar 15	Jun 14	Jun 13	Jun 12
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.04	-2.41	1.75	-0.23	1.29
Diluted EPS (Rs.)	0.04	-2.41	1.75	-0.23	1.29
Cash EPS (Rs.)	0.06	-2.12	2.56	1.08	2.81
Book Value[Excl.RevalReserv]/Share (Rs.)	39.21	39.17	41.48	39.99	39.95
Book Value[Incl.RevalReserv]/Share (Rs.)	39.21	39.17	41.48	39.99	39.95
Revenue From Operations / Share (Rs.)	0.00	0.54	4.18	4.13	4.00
PBDIT / Share (Rs.)	0.01	-1.34	2.84	0.88	2.92
PBIT / Share (Rs.)	0.00	-1.53	1.77	-0.19	1.83
PBT / Share (Rs.)	0.00	-1.53	1.77	-0.58	1.17
Net Profit / Share (Rs.)	0.04	-2.31	1.49	0.00	1.72
NP After MI And SOA / Share (Rs.)	0.04	-2.31	1.49	0.00	1.72
PBDIT Margin (%)	0.00	-246.91	68.05	21.43	73.09
PBIT Margin (%)	0.00	-281.26	42.39	-4.83	45.73
PBT Margin (%)	0.00	-281.31	42.38	-14.09	29.19
Net Profit Margin (%)	0.00	-425.48	35.68	-0.05	42.89
NP After MI And SOA Margin (%)	0.00	-425.48	35.68	-0.05	42.89
Return on Networth / Equity (%)	0.10	-5.89	3.59	0.00	4.29
Return on Capital Employeed (%)	0.00	-3.15	3.11	-0.35	3.11
Return On Assets (%)	0.08	-4.60	2.46	0.00	2.83
Long Term Debt / Equity (X)	0.00	0.00	0.15	0.15	0.21
Total Debt / Equity (X)	0.00	0.00	0.17	0.15	0.21
Asset Turnover Ratio (%)	0.00	0.01	0.07	0.07	0.07
Current Ratio (X)	2.49	13.52	5.19	8.13	11.95
Quick Ratio (X)	0.62	3.61	0.27	0.60	1.73
Interest Coverage Ratio (X)	67.43	-4912.48	9984.77	2.31	4.42
Interest Coverage Ratio (Post Tax) (X)	-11.85	-8831.33	6145.96	0.38	3.59
Enterprise Value (Cr.)	7.47	-1.79	14.72	11.69	11.19
EV / Net Operating Revenue (X)	0.00	-3.32	3.56	2.86	2.81
EV / EBITDA (X)	404.43	1.35	5.23	13.33	3.84
MarketCap / Net Operating Revenue (X)	0.00	8.13	1.88	1.50	0.73
Price / BV (X)	0.33	0.11	0.18	0.15	0.07
Price / Net Operating Revenue (X)	0.00	8.14	1.88	1.50	0.73
EarningsYield	0.00	-0.52	0.19	0.00	0.58

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Morgan Ventures Ltd as of January 25, 2025 is: 70.20

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.

As of January 25, 2025, Morgan Ventures Ltd is Overvalued by 25.48% compared to the current share price 94.20

Intrinsic Value of Morgan Ventures Ltd as of January 25, 2025 is: 115.00

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of January 25, 2025, Morgan Ventures Ltd is Undervalued by 22.08% compared to the current share price 94.20

Last 5 Year EPS CAGR: 63.81%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (7.62 cr) and profit (4.31 cr) over the years.	The stock has a low average ROCE of 2.58%, which may not be favorable. The stock has a high average Working Capital Days of 159.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 12.58, which may not be favorable. The company has higher borrowings (49.15) compared to reserves (35.38), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Morgan Ventures Ltd:
1. Net Profit Margin: 0%
  - 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: 0% (Industry Average ROCE: 19.71%)
  - 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. ROE%: 0.1% (Industry Average ROE: 10.56%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -11.85
  - 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.
5. Quick Ratio: 0.62
  - 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.
6. Stock P/E: 5.43 (Industry average Stock P/E: 37.87)
  - 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.
7. Total Debt / Equity: 0
  - 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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Morgan Ventures Ltd. is a Public Limited Listed company incorporated on 23/10/1986 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L70109DL1986PLC025841 and registration number is 025841. Currently Company is involved in the business activities of Trusts, funds and other financial vehicles. Company's Total Operating Revenue is Rs. 23.01 Cr. and Equity Capital is Rs. 9.95 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	37, Ring Road, New Delhi Delhi 110024	morgan@morganventures.in http://www.morganventures.in

Management
Name	Position Held
Mr. Kuldeep Kumar Dhar	Managing Director
Mr. Sanjiv Bansal	Independent Director
Mr. Krishan Kumar Gupta	Independent Director
Mrs. Madhu	Woman Director

FAQ

What is the latest intrinsic value of Morgan Ventures Ltd?

The latest intrinsic value of Morgan Ventures Ltd as on 24 January 2025 is ₹70.20, which is 25.48% lower than the current market price of ₹94.20. The stock has a market capitalization of 93.3 Cr. and recorded a high/low of 154/34.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹64 Cr and total liabilities of 247 Cr.

What is the Market Cap of Morgan Ventures Ltd?

The Market Cap of Morgan Ventures Ltd is 93.3 Cr..

What is the current Stock Price of Morgan Ventures Ltd as on 24 January 2025?

The current stock price of Morgan Ventures Ltd as on 24 January 2025 is 94.2.

What is the High / Low of Morgan Ventures Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Morgan Ventures Ltd stocks is 154/34.8.

What is the Stock P/E of Morgan Ventures Ltd?

The Stock P/E of Morgan Ventures Ltd is 5.43.

What is the Book Value of Morgan Ventures Ltd?

The Book Value of Morgan Ventures Ltd is 75.0.

What is the Dividend Yield of Morgan Ventures Ltd?

The Dividend Yield of Morgan Ventures Ltd is 0.00 %.

What is the ROCE of Morgan Ventures Ltd?

The ROCE of Morgan Ventures Ltd is 10.5 %.

What is the ROE of Morgan Ventures Ltd?

The ROE of Morgan Ventures Ltd is 16.9 %.

What is the Face Value of Morgan Ventures Ltd?

The Face Value of Morgan Ventures Ltd is 10.0.