SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Mahindra Composites Ltd.(Amalgamated) (524138)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524138 NSE: Plastic Products | Small Cap | Mahindra Composites Share Price

BSE Share Price
Not Listed

Mahindra Composites Ltd.(Amalgamated) (524138)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524138 NSE: Plastic Products | Small Cap | Mahindra Composites Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹80 Cr.
Current Price
₹0
52-Week Low / High
₹179 / 185
TTM EPS
₹0.9
TTM Sales
₹73 Cr.
Book Value per Share
₹33.9
P/E Ratio
209.90
Industry PE
38.1
Price to Book (P/B)
5.32
Price to Sales (P/S)
1.09
EV/EBITDA
25.19
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
5.24%
Return on Capital Employed (ROCE)
7.58%
Return on Assets (ROA)
1.75%
Operating Profit Margin
4.2%
Net Profit Margin
1.18%
Gross Profit Margin
2.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
31.19%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
32.07%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
71.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹11 Cr.
Equity
₹4.4 Cr.
Face Value
₹10
All Time Low / High
₹1.85 / 201.70

Mahindra Composites .(Amalgamated) stock performance

Key Ratios
mw4me loader

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14TTM
ROCE % 20.3%11.5%4.9%13.1%29%23.6%21.5%3.5%0.8%7.6%-

Growth Parameters

Sales 19.920.426.232.442.845.952.256.250.36673
Sales YoY Gr.-2.9%28%23.9%31.9%7.4%13.7%7.7%-10.5%31.2%-
Adj EPS 3.51.90.52.16.35.85.51.6-20.70.9
YoY Gr.--44.1%-72%287%200.5%-7.2%-5.5%-71.9%-231.6%NA-
BVPS (₹) 23.424.324.826.130.333.937.235.232.934.733.9
Adj Net
Profit
1.50.90.20.92.82.62.40.7-0.90.30
Cash Flow from Ops. 0.6-0.40.81.12.82.83.71.43.53.1-
Debt/CF from Ops. 3.5-11.56.84.71.821.66.42.22.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 14.3%9.1%8.2%31.2%
Adj EPS -16.8%-36.3%-50.7%NA
BVPS4.5%2.7%-2.2%5.4%
Share Price - - - -

Key Financial Parameters

Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14TTM
Return on
Equity %
15.38.12.28.222.318.115.44.3-61.92.5
Op. Profit
Mgn %
119.75.28.911.612.49.77.33.94.24.8
Net Profit
Mgn %
7.64.10.92.86.55.64.71.2-1.80.40.5
Debt to
Equity
0.20.40.50.50.40.40.40.60.50.50.1
Working Cap
Days
13216515714713013613115519717076
Cash Conv.
Cycle
4769635353707074825616

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Sales19.8720.4426.1632.4242.7545.9152.2156.2450.3466.04
Operating Expenses + 17.7018.4524.8029.5937.8240.2147.1452.3048.5163.61
Manufacturing Costs1.421.591.751.661.982.442.893.204.214.74
Material Costs12.4012.7217.2321.2228.9130.4535.0337.7333.4447.02
Employee Cost 1.511.612.412.773.193.904.625.624.975.50
Other Costs 2.372.543.423.943.743.424.605.745.896.35
Operating Profit 2.171.991.362.824.935.705.073.941.842.43
Operating Profit Margin (%) 10.9%9.7%5.2%8.7%11.5%12.4%9.7%7.0%3.7%3.7%
Other Income + 0.680.210.130.101.030.260.610.480.060.37
Exceptional Items 0000000-2.1400.96
Interest 0.090.150.390.640.570.720.860.981.121.03
Depreciation 0.410.630.710.740.861.371.071.451.732.03
Profit Before Tax 2.341.410.381.554.533.873.75-0.16-0.950.71
Tax 0.840.540.160.671.661.291.320.750.03-0.07
Profit After Tax 1.510.880.230.882.882.582.43-0.91-0.980.78
PAT Margin (%) 7.6%4.3%0.9%2.7%6.7%5.6%4.7%-1.6%-1.9%1.2%
Adjusted EPS (₹)3.42.00.52.06.65.95.5-2.1-2.21.8
Dividend Payout Ratio (%)43.70%50%0%49.90%30.50%34.10%36.20%0%0%0%

Valuation of Mahindra Composites - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14

Equity and Liabilities

Shareholders Fund + 10.2710.6510.8711.4613.3114.8516.3615.5114.5415.33
Share Capital 4.394.394.394.394.394.394.404.414.414.42
Reserves 5.896.266.487.078.9210.4711.9611.1010.1210.91
Debt +2.084.145.655.345.055.575.568.447.256.98
Long Term Debt2.084.145.655.345.055.570.940.750.571.48
Short Term Debt0000004.627.696.685.50
Minority Interest0000000000
Trade Payables3.013.745.215.486.195.146.416.367.5113.87
Others Liabilities 1.651.450.631.912.122.803.4511.5211.5812.35
Total Liabilities 17.0119.9822.3724.1926.6628.3631.7841.8340.8848.52

Fixed Assets

Net Fixed Assets +6.477.017.607.397.617.749.2110.399.498.97
Gross Block11.0212.1913.4913.9014.8216.1918.7221.3622.0723.28
Accumulated Depreciation4.555.185.886.517.228.449.5110.9612.5814.31
CWIP 1.270.670.080.050.370.480.180.010.790.92
Investments 0000000000
Inventories1.021.642.262.473.484.174.023.845.745.62
Trade Receivables6.498.779.3711.4212.1613.2214.9918.0314.7321.75
Cash Equivalents 0.260.561.040.780.920.890.680.300.380.54
Others Assets 1.521.332.022.072.121.852.719.269.7510.73
Total Assets 17.0119.9822.3724.1926.6628.3631.7841.8340.8848.52

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Cash Flow From Operating Activity + 0.59-0.360.831.142.762.793.741.383.513.13
PBT 2.341.410.381.554.533.873.75-0.16-0.950.71
Adjustment 0.040.711.111.411.442.371.852.562.532.97
Changes in Working Capital -1.26-2.14-0.24-1.36-1.52-2.14-0.17-0.122.33-0.55
Tax Paid -0.54-0.34-0.43-0.47-1.70-1.32-1.69-0.90-0.40-0
Cash Flow From Investing Activity + -0.88-0.61-0.86-0.57-1.40-1.82-1.79-2.73-1.19-1.68
Capex -4.60-0.57-0.72-0.55-1.43-1.63-2.30-2.73-1.19-1.62
Net Investments 3.52000000.49000
Others 0.20-0.03-0.14-0.010.03-0.190.020-0-0.06
Cash Flow From Financing Activity + -0.421.220.37-0.86-1.21-1.22-1.680.96-2.24-1.35
Net Proceeds from Shares 0000000.070.0500.01
Net Proceeds from Borrowing 0.402.111.22-0.21-0.090.140.71-0.19-0.180.91
Interest Paid -0.09-0.15-0.38-0.64-0.57-0.72-0.86-0.93-1.08-1.08
Dividend Paid -0.73-0.74-0.48-0.01-0.51-1.01-1.02-1.0100
Others 0000-0.030.37-0.583.04-0.99-1.18
Net Cash Flow -0.710.260.34-0.290.15-0.250.27-0.390.080.11

Financial Ratio

PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Ratios
ROE (%)15.228.392.127.8923.2218.2915.59-5.7-6.515.24
ROCE (%)20.2811.544.9413.1329.0223.5921.483.540.757.58
Asset Turnover Ratio1.381.241.391.581.861.81.91.691.371.64
PAT to CFO Conversion(x)0.39-0.413.611.30.961.081.54N/AN/A4.01
Working Capital Days
Receivable Days95.60121112.3010390.9093.3090.1096.90105.4090.70
Inventory Days1521.1024.1023.4022.9028.1026.202330.8028.20
Payable Days81.3096.8094.8091.9073.6067.9060.2061.8075.7083

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mahindra Composites Ltd.(Amalgamated) FAQs

The current trading price of Mahindra Composites on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Mahindra Composites stood at ₹79.76 Cr

The latest P/E ratio of Mahindra Composites as of 31-Dec-1969 is 209.9.

The latest P/B ratio of Mahindra Composites as of 31-Dec-1969 is 5.32.

The 52-week high of Mahindra Composites is ₹185.0 and the 52-week low is ₹179.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra Composites is ₹73.03 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Mahindra Composites Ltd.(Amalgamated)

Mahindra Composites Ltd ( formerly Siro Plast Ltd ) was established in 1982 with technical collaboration with Menzolit, Germany. Subsequently the company developed materials suited for Indian conditions.

Mahindra and Mahindra Group decided to set up Siro Plast ,a top-of-the-line company slated to provide quality products in the area of engineered plastic composites. Since then, Mahindra Composites (formerly Siro Plast) has come a long way. State-of-the art technology and an in-built capacity for customization have helped position the company as a leader in this niche segment.

The tie-up with Menzolit GmbH of Germany, the largest manufacturer of composites in Europe, brought in advanced technology addressing manufacturing formulations, manufacturing processes, application engineering and mould design cycles. As a Mahindra and Mahindra company, and with inputs from Menzolit in the period 1983 to 1994, Mahindra Composites gradually grew into a leading manufacturer of quality composites.

Mahindra Composites have been the pioneers in India to setup ( SMC ) Sheet Molding Compound machine with 48” width, besides having expertise in ( DMC / BMD ) Dough / Bulk Molding Compounds for Compression and Injection molding applications in ‘90’s itself.

Mahindra Composites efforts for export foray bore fruits at the start of the new millennium. It has been exporting to reputed global customers like General Electrical’s Health Care & Industrial application division. Today exports constitute close to 20 % of sales and are slated to rise significantly in future.

Few of its significant developments have been the “ Halogen Free” materials for electrical applications, achieving UL094 approvals with V0 fire retardant properties and automotive applications for Head Lamps with antifogging properties at elevated temperatures.

Products and services offered by the company:

Auto Sector

  • Radiator Grill
  • NVH Covers with in situ Foam Moulding
  • Transmission Cover for Utility Vehicles (UV)
  • Engine Hood for Commercial Vehicle (CV)
  • Engine Hood for CV
  • Engine Bonnet cum Driver Support
  • Head Light Embellisher(LH & RH) for CV
  • Muffler Guard For Two Wheelers
  • Engine Stone Hit Trey
  • Bonnet Cover

Electrical Switch Gear  Electrical - Raliways - Defence Sector

Services offered by the company:

  • Product Design & Development
  • Tool Design & Manufacturing
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×