Check Before You Invest : Multibase India Ltd

Q: Which industry/sub-sector does Multibase India Ltd belong to?

Multibase India Ltd belongs to the Oil & Gas sector, operating specifically within the Petrochemicals segment.

Q: Is Multibase India Ltd a good quality company?

Multibase India Ltd is a good quality company, based on a consistently good multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Multibase India Ltd undervalued or overvalued?

Multibase India Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 19.76, Historic Median: 29.58. Price to Book, Current: 2.84, Historic Median: 2.44. Price to Sales, Current: 3.82, Historic Median: 4.35. EV to EBITDA, Current: 9.87, Historic Median: 13.89

Q: Is Multibase India Ltd a good buy now?

Multibase India Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Multibase India Ltd?

Multibase India Ltd revenue growth is 9.3% for FY-2025, which is above its 5-year CAGR of 3.43%, indicating faster growth.

Q: Gross Profit margin of Multibase India Ltd?

Multibase India Ltd Gross profit margin which is the profit after deduction of direct costs, is 29.4% for FY-2025, which is above its 5-year median of 20.2%, indicating increasing margins.

Q: Operating Profit Margin of Multibase India Ltd?

Multibase India Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 21.33% for FY-2025, which is above its 5-year median of 13.13% indicating increasing margins.

Q: Net Profit Margin of Multibase India Ltd?

Multibase India Ltd Net Profit Margin is 20.71% for FY-2025, is above its 5-year median of 13.55%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 29.4, Historic Median: 20.2. Operating Profit Margin (%), Current: 21.33, Historic Median: 13.13. Net Profit Margin (%), Current: 20.71, Historic Median: 13.55

Q: Return on Asset of Multibase India Ltd?

Multibase India Ltd Return on Asset is 11.71%, which is above its 5-year historical median of 7.04%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of Multibase India Ltd?

Multibase India Ltd Return on capital employed is 18.52% for FY-2025, which is above its 5-year historical median of 10.9%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Check Before You Invest : Multibase India Ltd

BSE: 526169 NSE: ISIN: INE678F01014

| Sector: Oil & Gas | Industry: Petrochemicals

Snapshot

Q.1 Which industry/sub-sector does Multibase India Ltd belong to?

Multibase India Ltd belongs to the Oil & Gas sector, operating specifically within the Petrochemicals segment.

Q.2 Is Multibase India Ltd a good quality company?

Multibase India Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Multibase India Ltd undervalued or overvalued?

Multibase India Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	19.76	29.58
Price to Book	2.84	2.44
Price to Sales	3.82	4.35
EV to EBITDA	9.87	13.89

Q.4 Is Multibase India Ltd a good buy now?

Multibase India Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Multibase India Ltd?

Multibase India Ltd revenue growth is 9.3% for FY-2025, which is above its 5-year CAGR of 3.43%, indicating faster growth.

Q.2 Gross Profit margin of Multibase India Ltd?

Multibase India Ltd Gross profit margin which is the profit after deduction of direct costs, is 29.4% for FY-2025, which is above its 5-year median of 20.2%, indicating increasing margins.

Q.3 Operating Profit Margin of Multibase India Ltd?

Multibase India Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 21.33% for FY-2025, which is above its 5-year median of 13.13% indicating increasing margins.

Q.4 Net Profit Margin of Multibase India Ltd?

Multibase India Ltd Net Profit Margin is 20.71% for FY-2025, is above its 5-year median of 13.55%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	29.4	20.2
Operating Profit Margin (%)	21.33	13.13
Net Profit Margin (%)	20.71	13.55

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Multibase India Ltd?

Multibase India Ltd Return on Asset is 11.71%, which is above its 5-year historical median of 7.04%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Multibase India Ltd?

Multibase India Ltd Return on capital employed is 18.52% for FY-2025, which is above its 5-year historical median of 10.9%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of Multibase India Ltd?

Multibase India Ltd Return on equity is 13.76% for FY-2025, which is above its 5-year historical median of 8.04%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of Multibase India Ltd?

Multibase India Ltd Cash conversion cycle is 79 days, above its 5-year historical median of 69 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	0.57	0.47
ROE (%)	13.76	8.04
ROCE (%)	18.52	10.9
Cash Conversion Cycle	79 days	69 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Multibase India Ltd?

Multibase India Ltd Debt-to-Equity ratio is 0.00, which is lower the industry average of 0.46, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Multibase India Ltd?

Multibase India Ltd Debt to cash flow from operations is 0, which is at a healthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Multibase India Ltd?

Q.1 Promoter shareholding and pledge status of Multibase India Ltd?

Promoters hold 75.00% of the Multibase India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Multibase India Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Multibase India Ltd vs industry peers?

Multibase India Ltd revenue CAGR is 3.43%, compared to the industry median CAGR of 9.22%, indicating slower growth and losing its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	9.3	9.2
Gross Profit Growth (%)	31.3	5.3
Operating Profit Growth (%)	87.5	10.7
Net Profit Growth (%)	36.4	6

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	0.57	1.3
ROE (%)	13.76	10.1
ROCE (%)	18.52	13.45
Cash Conversion Cycle (days)	79.2	41

Valuation & price assessment

Q.1 Stock return of Multibase India Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -1% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-1%	1.8%	1.5%	-28.2%

Q.2 Valuation ratios of Multibase India Ltd vs historical?

The current P/E ratio of 19.76 is lower than its historical median of 29.58, indicating that the stock is trading below its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	19.76	29.58	14.30
Price to Book	2.84	2.44	2.05
Price to Sales	3.82	4.35	1.35
EV to EBITDA	9.87	13.89	9.88

Check more companies

5. Agarwal Indl. Corp

6. Neptune Petrochem.

7. Multibase India

8. Greenhitech Ventures

9. Nexxus Petro Inds

10. SVC Industries

Check trending companies

1. IFCI Ltd.

2. Aditya Birla Lifestyle Brands Ltd.

3. Aditya Birla Capital Ltd.

4. Tata Steel Ltd.

5. Nippon Life India Asset Management Ltd.

Check Before You Invest : Multibase India Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

Check more companies

Check trending companies

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.