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Last Updated on: 09 August, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 523160 | NSE: MORGANITE

Morganite Crucible (India) Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 8, 2025, 7:44 pm

Market Cap 880 Cr.
Current Price 1,571
High / Low 1,964/1,170
Stock P/E34.6
Book Value 235
Dividend Yield3.12 %
ROCE30.4 %
ROE21.4 %
Face Value 5.00
PEG Ratio0.29

Quick Insight

Morganite Crucible (India) Ltd's current share price of ₹1,513, with a P/E ratio of 30.5, indicates the market's confidence in the company's future earnings potential. The robust ROE of 21.4% and ROCE of 30.4% reflect efficient capital allocation and strong operational performance. However, the low ICR of 0.00x raises concerns about the company's ability to meet its debt obligations. With a healthy OPM of 15.48% and a solid reserve base of ₹129 Cr, Morganite Crucible has a strong financial foundation. Investors should closely monitor the company's debt levels and cash conversion cycle (CCC) to ensure sustainable growth and profitability in the long term.

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

View Share Price Target for Morganite Crucible (India) Ltd

Competitors of Morganite Crucible (India) Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Morganite Crucible (India) Ltd 880 Cr. 1,571 1,964/1,17034.6 2353.12 %30.4 %21.4 % 5.00
Associated Ceramics Ltd 70.6 Cr. 235 340/18232.7 78.50.00 %11.5 %9.59 % 10.0
Vesuvius India Ltd 10,696 Cr. 527 647/35641.9 70.50.27 %25.5 %19.3 % 1.00
IFGL Refractories Ltd 1,671 Cr. 232 332/16338.9 1541.52 %5.71 %3.94 % 10.0
Industry Average4,415.67 Cr641.2537.03134.501.23%18.28%13.56%6.50

All Competitor Stocks of Morganite Crucible (India) Ltd

Quarterly Result

MetricMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
Sales 40.6340.2738.8541.4933.9842.6945.3540.0039.9042.9044.3144.6642.32
Expenses 35.8833.7531.9433.4330.2331.1932.5131.5034.2832.1231.4834.1835.77
Operating Profit 4.756.526.918.063.7511.5012.848.505.6210.7812.8310.486.55
OPM % 11.69%16.19%17.79%19.43%11.04%26.94%28.31%21.25%14.09%25.13%28.96%23.47%15.48%
Other Income 11.321.150.231.821.641.151.122.83-2.201.961.752.751.52
Interest 0.000.000.000.000.000.000.040.060.030.080.080.050.03
Depreciation 1.841.771.942.022.032.042.212.112.091.952.172.312.62
Profit before tax 14.235.905.207.863.3610.6111.719.161.3010.7112.3310.875.42
Tax % 6.96%26.61%25.00%24.94%40.77%26.48%29.04%27.07%46.92%26.33%27.74%27.78%46.86%
Net Profit 13.244.333.915.901.997.808.316.670.707.908.927.852.88
EPS in Rs 23.647.736.9810.543.5513.9314.8411.911.2514.1115.9314.025.14

Last Updated: July 15, 2025, 5:25 pm

Below is a detailed analysis of the quarterly data for Morganite Crucible (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Sales, as of Mar 2025, the value is 42.32 Cr.. The value appears to be declining and may need further review. It has decreased from 44.66 Cr. (Dec 2024) to 42.32 Cr., marking a decrease of 2.34 Cr..
  • For Expenses, as of Mar 2025, the value is 35.77 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.18 Cr. (Dec 2024) to 35.77 Cr., marking an increase of 1.59 Cr..
  • For Operating Profit, as of Mar 2025, the value is 6.55 Cr.. The value appears to be declining and may need further review. It has decreased from 10.48 Cr. (Dec 2024) to 6.55 Cr., marking a decrease of 3.93 Cr..
  • For OPM %, as of Mar 2025, the value is 15.48%. The value appears to be declining and may need further review. It has decreased from 23.47% (Dec 2024) to 15.48%, marking a decrease of 7.99%.
  • For Other Income, as of Mar 2025, the value is 1.52 Cr.. The value appears to be declining and may need further review. It has decreased from 2.75 Cr. (Dec 2024) to 1.52 Cr., marking a decrease of 1.23 Cr..
  • For Interest, as of Mar 2025, the value is 0.03 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.05 Cr. (Dec 2024) to 0.03 Cr., marking a decrease of 0.02 Cr..
  • For Depreciation, as of Mar 2025, the value is 2.62 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.31 Cr. (Dec 2024) to 2.62 Cr., marking an increase of 0.31 Cr..
  • For Profit before tax, as of Mar 2025, the value is 5.42 Cr.. The value appears to be declining and may need further review. It has decreased from 10.87 Cr. (Dec 2024) to 5.42 Cr., marking a decrease of 5.45 Cr..
  • For Tax %, as of Mar 2025, the value is 46.86%. The value appears to be increasing, which may not be favorable. It has increased from 27.78% (Dec 2024) to 46.86%, marking an increase of 19.08%.
  • For Net Profit, as of Mar 2025, the value is 2.88 Cr.. The value appears to be declining and may need further review. It has decreased from 7.85 Cr. (Dec 2024) to 2.88 Cr., marking a decrease of 4.97 Cr..
  • For EPS in Rs, as of Mar 2025, the value is 5.14. The value appears to be declining and may need further review. It has decreased from 14.02 (Dec 2024) to 5.14, marking a decrease of 8.88.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 12:41 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 818989111109120129107152155168174
Expenses 647068838610011196122129129134
Operating Profit 171820292320171030253941
OPM % 21%21%23%26%21%17%13%10%20%16%23%23%
Other Income 2022367132538
Interest 000000000000
Depreciation 587544567889
Profit before tax 13111626212218654223339
Tax % 37%44%36%37%35%30%29%116%20%28%28%30%
Net Profit 861017141513-143162328
EPS in Rs 15.0410.7517.6429.6424.7927.4523.43-1.6677.4828.7941.9549.18
Dividend Payout % 3%5%11%13%32%29%34%0%70%69%95%39%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-25.00%66.67%70.00%-17.65%7.14%-13.33%-107.69%4400.00%-62.79%43.75%21.74%
Change in YoY Net Profit Growth (%)0.00%91.67%3.33%-87.65%24.79%-20.48%-94.36%4507.69%-4462.79%106.54%-22.01%

Morganite Crucible (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:6%
3 Years:5%
TTM:3%
Compounded Profit Growth
10 Years:16%
5 Years:16%
3 Years:-7%
TTM:-1%
Stock Price CAGR
10 Years:21%
5 Years:13%
3 Years:17%
1 Year:8%
Return on Equity
10 Years:17%
5 Years:17%
3 Years:18%
Last Year:21%

Last Updated: Unknown

Balance Sheet

Last Updated: July 25, 2025, 1:01 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 333333333333
Reserves 535867778896105100120124126129
Borrowings 000000000011
Other Liabilities 271418382328323732344538
Total Liabilities 827588118114127139139155161174170
Fixed Assets 231815252731323038536281
CWIP 013204192215104
Investments 555000000000
Other Assets 545165918793888710210611286
Total Assets 827588118114127139139155161174170

Below is a detailed analysis of the balance sheet data for Morganite Crucible (India) Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.00 Cr..
  • For Reserves, as of Mar 2025, the value is 129.00 Cr.. The value appears strong and on an upward trend. It has increased from 126.00 Cr. (Mar 2024) to 129.00 Cr., marking an increase of 3.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 38.00 Cr.. The value appears to be improving (decreasing). It has decreased from 45.00 Cr. (Mar 2024) to 38.00 Cr., marking a decrease of 7.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 170.00 Cr.. The value appears to be improving (decreasing). It has decreased from 174.00 Cr. (Mar 2024) to 170.00 Cr., marking a decrease of 4.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 81.00 Cr.. The value appears strong and on an upward trend. It has increased from 62.00 Cr. (Mar 2024) to 81.00 Cr., marking an increase of 19.00 Cr..
  • For CWIP, as of Mar 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 4.00 Cr., marking an increase of 4.00 Cr..
  • For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 86.00 Cr.. The value appears to be declining and may need further review. It has decreased from 112.00 Cr. (Mar 2024) to 86.00 Cr., marking a decrease of 26.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 170.00 Cr.. The value appears to be declining and may need further review. It has decreased from 174.00 Cr. (Mar 2024) to 170.00 Cr., marking a decrease of 4.00 Cr..

Notably, the Reserves (129.00 Cr.) exceed the Borrowings (1.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +6318251721111926324325
Cash from Investing Activity +-2-2-15-8-10-291-7-2-10-17-29
Cash from Financing Activity +-0-0-0-1-3-7-4-4-24-12-22-24
Net Cash Flow312164-1577094-28

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow17.0018.0020.0029.0023.0020.0017.0010.0030.0025.0038.0040.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days646150596057526676756458
Inventory Days150156142149158179159158143136124116
Days Payable249232116119129176161145178154146185
Cash Conversion Cycle-35-15758989604978415742-11
Working Capital Days23416967560446233714817
ROCE %31%27%19%24%36%25%23%18%8%39%18%28%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.22%0.19%0.19%0.19%0.19%0.06%0.00%0.00%0.13%0.18%0.18%0.18%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.55%0.62%0.93%1.02%
Public24.76%24.79%24.79%24.79%24.79%24.91%24.97%24.98%24.32%24.20%23.88%23.80%
No. of Shareholders5,0465,6235,5425,5165,4405,6196,3186,2706,1916,6957,0497,078

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 17Mar 16Mar 15Mar 14Mar 13
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 51.8735.6720.5730.1634.37
Diluted EPS (Rs.) 51.8735.6720.5730.1634.37
Cash EPS (Rs.) 75.3866.8152.6151.1555.75
Book Value[Excl.RevalReserv]/Share (Rs.) 343.51285.76253.44234.62204.61
Book Value[Incl.RevalReserv]/Share (Rs.) 343.51285.76253.44234.62204.61
Revenue From Operations / Share (Rs.) 397.75392.35393.06360.68357.27
PBDIT / Share (Rs.) 109.5595.2671.7072.1581.96
PBIT / Share (Rs.) 91.9165.5939.7252.1865.20
PBT / Share (Rs.) 91.9165.5939.7050.9565.06
Net Profit / Share (Rs.) 57.7437.1420.6231.1838.99
NP After MI And SOA / Share (Rs.) 51.8735.6720.5730.1634.37
PBDIT Margin (%) 27.5424.2818.2420.0022.94
PBIT Margin (%) 23.1016.7110.1014.4618.25
PBT Margin (%) 23.1016.7110.0914.1218.20
Net Profit Margin (%) 14.519.465.248.6410.91
NP After MI And SOA Margin (%) 13.049.095.238.369.62
Return on Networth / Equity (%) 16.5613.648.9214.2418.81
Return on Capital Employeed (%) 26.6022.6215.5421.4330.91
Return On Assets (%) 12.309.596.288.5010.51
Asset Turnover Ratio (%) 1.000.981.020.921.00
Current Ratio (X) 4.013.142.711.921.67
Quick Ratio (X) 3.272.411.871.331.11
Inventory Turnover Ratio (X) 2.262.142.252.072.12
Dividend Payout Ratio (NP) (%) 0.0011.214.863.312.90
Dividend Payout Ratio (CP) (%) 0.006.121.901.991.95
Earning Retention Ratio (%) 0.0088.7995.1496.6997.10
Cash Earning Retention Ratio (%) 0.0093.8898.1098.0198.05
Interest Coverage Ratio (X) 0.000.002707.0558.75569.16
Interest Coverage Ratio (Post Tax) (X) 0.000.00779.5326.39271.76
Enterprise Value (Cr.) 210.8992.31144.8565.3477.58
EV / Net Operating Revenue (X) 1.890.841.320.640.77
EV / EBITDA (X) 6.873.467.213.233.38
MarketCap / Net Operating Revenue (X) 2.231.041.390.750.85
Retention Ratios (%) 0.0088.7895.1396.6897.09
Price / BV (X) 2.831.562.381.291.68
Price / Net Operating Revenue (X) 2.231.041.390.750.85
EarningsYield 0.050.080.030.110.11

After reviewing the key financial ratios for Morganite Crucible (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 17, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 16) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 17, the value is 51.87. This value is within the healthy range. It has increased from 35.67 (Mar 16) to 51.87, marking an increase of 16.20.
  • For Diluted EPS (Rs.), as of Mar 17, the value is 51.87. This value is within the healthy range. It has increased from 35.67 (Mar 16) to 51.87, marking an increase of 16.20.
  • For Cash EPS (Rs.), as of Mar 17, the value is 75.38. This value is within the healthy range. It has increased from 66.81 (Mar 16) to 75.38, marking an increase of 8.57.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 17, the value is 343.51. It has increased from 285.76 (Mar 16) to 343.51, marking an increase of 57.75.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 17, the value is 343.51. It has increased from 285.76 (Mar 16) to 343.51, marking an increase of 57.75.
  • For Revenue From Operations / Share (Rs.), as of Mar 17, the value is 397.75. It has increased from 392.35 (Mar 16) to 397.75, marking an increase of 5.40.
  • For PBDIT / Share (Rs.), as of Mar 17, the value is 109.55. This value is within the healthy range. It has increased from 95.26 (Mar 16) to 109.55, marking an increase of 14.29.
  • For PBIT / Share (Rs.), as of Mar 17, the value is 91.91. This value is within the healthy range. It has increased from 65.59 (Mar 16) to 91.91, marking an increase of 26.32.
  • For PBT / Share (Rs.), as of Mar 17, the value is 91.91. This value is within the healthy range. It has increased from 65.59 (Mar 16) to 91.91, marking an increase of 26.32.
  • For Net Profit / Share (Rs.), as of Mar 17, the value is 57.74. This value is within the healthy range. It has increased from 37.14 (Mar 16) to 57.74, marking an increase of 20.60.
  • For NP After MI And SOA / Share (Rs.), as of Mar 17, the value is 51.87. This value is within the healthy range. It has increased from 35.67 (Mar 16) to 51.87, marking an increase of 16.20.
  • For PBDIT Margin (%), as of Mar 17, the value is 27.54. This value is within the healthy range. It has increased from 24.28 (Mar 16) to 27.54, marking an increase of 3.26.
  • For PBIT Margin (%), as of Mar 17, the value is 23.10. This value exceeds the healthy maximum of 20. It has increased from 16.71 (Mar 16) to 23.10, marking an increase of 6.39.
  • For PBT Margin (%), as of Mar 17, the value is 23.10. This value is within the healthy range. It has increased from 16.71 (Mar 16) to 23.10, marking an increase of 6.39.
  • For Net Profit Margin (%), as of Mar 17, the value is 14.51. This value exceeds the healthy maximum of 10. It has increased from 9.46 (Mar 16) to 14.51, marking an increase of 5.05.
  • For NP After MI And SOA Margin (%), as of Mar 17, the value is 13.04. This value is within the healthy range. It has increased from 9.09 (Mar 16) to 13.04, marking an increase of 3.95.
  • For Return on Networth / Equity (%), as of Mar 17, the value is 16.56. This value is within the healthy range. It has increased from 13.64 (Mar 16) to 16.56, marking an increase of 2.92.
  • For Return on Capital Employeed (%), as of Mar 17, the value is 26.60. This value is within the healthy range. It has increased from 22.62 (Mar 16) to 26.60, marking an increase of 3.98.
  • For Return On Assets (%), as of Mar 17, the value is 12.30. This value is within the healthy range. It has increased from 9.59 (Mar 16) to 12.30, marking an increase of 2.71.
  • For Asset Turnover Ratio (%), as of Mar 17, the value is 1.00. It has increased from 0.98 (Mar 16) to 1.00, marking an increase of 0.02.
  • For Current Ratio (X), as of Mar 17, the value is 4.01. This value exceeds the healthy maximum of 3. It has increased from 3.14 (Mar 16) to 4.01, marking an increase of 0.87.
  • For Quick Ratio (X), as of Mar 17, the value is 3.27. This value exceeds the healthy maximum of 2. It has increased from 2.41 (Mar 16) to 3.27, marking an increase of 0.86.
  • For Inventory Turnover Ratio (X), as of Mar 17, the value is 2.26. This value is below the healthy minimum of 4. It has increased from 2.14 (Mar 16) to 2.26, marking an increase of 0.12.
  • For Dividend Payout Ratio (NP) (%), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 11.21 (Mar 16) to 0.00, marking a decrease of 11.21.
  • For Dividend Payout Ratio (CP) (%), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 6.12 (Mar 16) to 0.00, marking a decrease of 6.12.
  • For Earning Retention Ratio (%), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 88.79 (Mar 16) to 0.00, marking a decrease of 88.79.
  • For Cash Earning Retention Ratio (%), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 93.88 (Mar 16) to 0.00, marking a decrease of 93.88.
  • For Interest Coverage Ratio (X), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 3. There is no change compared to the previous period (Mar 16) which recorded 0.00.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 3. There is no change compared to the previous period (Mar 16) which recorded 0.00.
  • For Enterprise Value (Cr.), as of Mar 17, the value is 210.89. It has increased from 92.31 (Mar 16) to 210.89, marking an increase of 118.58.
  • For EV / Net Operating Revenue (X), as of Mar 17, the value is 1.89. This value is within the healthy range. It has increased from 0.84 (Mar 16) to 1.89, marking an increase of 1.05.
  • For EV / EBITDA (X), as of Mar 17, the value is 6.87. This value is within the healthy range. It has increased from 3.46 (Mar 16) to 6.87, marking an increase of 3.41.
  • For MarketCap / Net Operating Revenue (X), as of Mar 17, the value is 2.23. This value is within the healthy range. It has increased from 1.04 (Mar 16) to 2.23, marking an increase of 1.19.
  • For Retention Ratios (%), as of Mar 17, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 88.78 (Mar 16) to 0.00, marking a decrease of 88.78.
  • For Price / BV (X), as of Mar 17, the value is 2.83. This value is within the healthy range. It has increased from 1.56 (Mar 16) to 2.83, marking an increase of 1.27.
  • For Price / Net Operating Revenue (X), as of Mar 17, the value is 2.23. This value is within the healthy range. It has increased from 1.04 (Mar 16) to 2.23, marking an increase of 1.19.
  • For EarningsYield, as of Mar 17, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.08 (Mar 16) to 0.05, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Morganite Crucible (India) Ltd as of August 9, 2025 is: 1,435.46

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 August 9, 2025, Morganite Crucible (India) Ltd is Overvalued by 8.63% compared to the current share price 1,571.00

Intrinsic Value of Morganite Crucible (India) Ltd as of August 9, 2025 is: 3,161.73

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 August 9, 2025, Morganite Crucible (India) Ltd is Undervalued by 101.26% compared to the current share price 1,571.00

Last 5 Year EPS CAGR: 120.26%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 24.67%, which is a positive sign.
  2. The company has higher reserves (95.25 cr) compared to borrowings (0.17 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (123.67 cr) and profit (23.42 cr) over the years.
  1. The stock has a high average Working Capital Days of 45.00, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 43.25, which may not be favorable.

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 Morganite Crucible (India) Ltd:
    1. Net Profit Margin: 14.51%
      • 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: 26.6% (Industry Average ROCE: 18.28%)
      • 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%: 16.56% (Industry Average ROE: 13.56%)
      • 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): 0
      • 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: 3.27
      • 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: 34.6 (Industry average Stock P/E: 37.03)
      • 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

Morganite Crucible (India) Ltd. is a Public Limited Listed company incorporated on 13/01/1986 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L26920MH1986PLC038607 and registration number is 038607. Currently company belongs to the Industry of Refractories. Company's Total Operating Revenue is Rs. 174.19 Cr. and Equity Capital is Rs. 2.80 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
RefractoriesB-11, MIDC Waluj, Aurangabad Maharashtra 431136Sales.India@morganplc.com
http://www.morganmms.com
Management
NamePosition Held
Ms. Poonam BopshettiDirector
Mr. Aniruddha KarveDirector
Mr. Jonathan PercivalDirector
Ms. Maithilee TambolkarIndependent Director
Mr. Ulhas GaoliIndependent Director
Mr. Chandrashekhar ChitaleIndependent Director

FAQ

What is the intrinsic value of Morganite Crucible (India) Ltd?

Morganite Crucible (India) Ltd's intrinsic value (as of 08 August 2025) is ₹1435.46 which is 8.63% lower the current market price of 1,571.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 880 Cr. market cap, FY2025-2026 high/low of 1,964/1,170, reserves of 129 Cr, and liabilities of 170 Cr.

What is the Market Cap of Morganite Crucible (India) Ltd?

The Market Cap of Morganite Crucible (India) Ltd is 880 Cr..

What is the current Stock Price of Morganite Crucible (India) Ltd as on 08 August 2025?

The current stock price of Morganite Crucible (India) Ltd as on 08 August 2025 is 1,571.

What is the High / Low of Morganite Crucible (India) Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Morganite Crucible (India) Ltd stocks is 1,964/1,170.

What is the Stock P/E of Morganite Crucible (India) Ltd?

The Stock P/E of Morganite Crucible (India) Ltd is 34.6.

What is the Book Value of Morganite Crucible (India) Ltd?

The Book Value of Morganite Crucible (India) Ltd is 235.

What is the Dividend Yield of Morganite Crucible (India) Ltd?

The Dividend Yield of Morganite Crucible (India) Ltd is 3.12 %.

What is the ROCE of Morganite Crucible (India) Ltd?

The ROCE of Morganite Crucible (India) Ltd is 30.4 %.

What is the ROE of Morganite Crucible (India) Ltd?

The ROE of Morganite Crucible (India) Ltd is 21.4 %.

What is the Face Value of Morganite Crucible (India) Ltd?

The Face Value of Morganite Crucible (India) Ltd is 5.00.

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 Morganite Crucible (India) 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