1. Is Morgan Ventures Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Morgan Ventures Ltd is a below average quality company.
2. Is Morgan Ventures Ltd undervalued or overvalued?
The key valuation ratios of Morgan Ventures Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Morgan Ventures Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Morgan Ventures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Operating Income (₹ Cr.)||4.1||4.1||0.7||0||0||0||0.2||1.2||5.8||16.7||26|
|YoY Gr. Rt. %||-||1%||-82.6%||-100%||NA||NA||NA||673.3%||396.6%||189.4%||-|
|Adj EPS (₹ )||0.1||1.6||-3||0.1||0||0||-2.3||-0.1||1.5||8.4||15.7|
|YoY Gr. Rt. %||-||3000%||-294.2%||NA||-50%||-66.7%||-23200%||NA||NA||473.5%||-|
|BVPS (₹ )||40.2||41.7||52.6||39.5||39.6||39.6||37.8||37.7||39.2||47.6||59.7|
|YoY Gr. Rt. %||-||3.8%||26.1%||-24.9%||0.1%||0%||-4.5%||-0.3%||3.9%||21.5%||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||0.1||2.9||-4.4||0.1||0.1||0||-6||-0.2||1.9||7.1||0|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||16.9%||NA||380.8%||189.4%|
Key Financial Ratios
|RATIOS \ YEARS||Jun'13||Jun'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||Mar'22||TTM|
|Asset Quality Ratio||To view Asset Quality Ratio Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||0||0||0||0||0||0||0||0||0||0||-|
|Capitalization Ratio||To view Capitalization Ratio Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||0||0||0||0||0||0||0||0||0||0||-|
|Net Profit Margin (%)||1.3||37||-415.7||0||0||0||-1523.3||-8.6||25.3||50.1||59.2|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||0.1||3.8||-5.6||0.1||0.1||0||-6||-0.3||3.8||19.4||26.4|
Return on Equity has increased versus last 3 years average to 29.30%
Total Income has increased 380.78 CAGR in last 3 years
Total income growth is good in last 4 quarters
Net Profit has declined 0.00 CAGR in last 3 years
|TTM EPS (₹)||15.7||0|
|TTM Sales (₹ Cr.)||26.2||0|
|BVPS (₹.) ⓘ||59.7||0|
|Reserves (₹ Cr.) ⓘ||49||29|
|From the Market|
|52 Week Low / High (₹)||16.40 / 73.30|
|All Time Low / High (₹)||0.20 / 73.30|
|Market Cap (₹ Cr.)||60.1|
|Equity (₹ Cr.)||9.9|
|Face Value (₹)||10|
|Industry PE ⓘ||25.3|
Morgan Ventures was originally incorporated as a private company in the name of Green Dot Consultants on October 23, 1986. The company changed its name to Doogar & Associates in the year 1991. Again in the year 1992, the company converted into a public company and deleted the word private from its name with the approval of Registrar of Companies (ROC), Delhi and Haryana. Since then, the company is enjoying the status of public company.
In the year 2000, the company was taken over by the present management after complying the Securities Exchange Board of India (SEBI) (Substantial Acquisition of shares and takeover regulation) 1997, by the Goyal Group headed by S C Goyal. Goyal is a BE (Electrical Engineering), with masters degree from Massachusetts (USA) and an industrialist with rich experience of more than 25 years in the industrial gases field. He is the chairman cum director of Morgan Ventures.
In the year 2004, the company changed its name from Doogar Associates to Morgan Ventures. The company is a listed company and the shares of the company are listed and traded on the Bombay Stock exchange (BSE).
The company in FY 2002 had acquired a 1.13 MW windfarm located in Tamil Nadu. It is in the process of setting up 31 new wind mills of 225 KW each at villages Alagneri & Sadayneri in district Tirunellavelli and villages Narnapuram and Munduvellampatti, in district Erode in Tamil Nadu with an installed capacity of 6.975 MW. The power generated shall be supplied to the Tamil Nadu Electricity Board. Morgan Ventures has decided to set up these wind farms under its divisions namely â€œKanyakumari Wind Farmâ€ and â€œErode Wind Farmâ€.
Business area of the company
Morgan Ventures is a non banking finance company engaged in the business of fund based and non fund based activities. It has an expertise in managing public issues, corporate advisory, corporate - restructuring, takeovers, mergers & acquisition, etc.