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Magna Electro Castings Ltd. Stock Analysis

Small Cap
Evaluated by 208 users | BSE: 517449 | NSE: |
Castings/Forgings
Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide. Magna specializes in the manufacture of Ductile...

Analysis of Financial Track Record

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 14.02%12.67%12.29%11.03%11.96%12.17%13.15%11.46%15.42%8.01%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 62.685.186.775.310193.478.993.112396.3
Y-o-Y Gr. Rt.-36%1.9%-13.2%34.8%-7.9%-15.5%17.9%32.1%-21.6%
Adjusted EPS (Rs.) 8.058.4210.259.311.7713.5515.8215.0222.2612.44
Y-o-Y Gr. Rt.-4.6%21.7%-9.3%26.6%15.1%16.8%-5.1%48.2%-44.1%
Book Value per Share (Rs.) 55.2662.0671.4179.6289.3101.4119.99132.34154.49160.4
Adjusted Net Profit 3.73.94.74.35.46.27.36.910.25.7
Net Op. Cash Flow (Rs. Cr.) 10.111.316.8810.28.97.337.19.3
Debt to Cash Flow from Ops 1.181.871.272.442.011.10.671.1400
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Magna Electro Castings Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.9%-1%6.9%-21.6%
Adjusted EPS 5%1.1%-7.7%-44.1%
Book Value per Share 12.612.410.23.8
Share Price 12.3% 8.5% -4.1% 10.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 15.3914.3515.3612.3113.9414.2114.2911.915.527.9
Operating Profit Margin (%) 19.0715.8815.7219.2314.5115.1718.1113.2914.4711.24
Net Profit Margin (%) 5.94.535.425.665.326.659.187.398.35.92
Debt to Equity 0.470.740.650.530.50.210.090.0600
Working Capital Days 104105112137127135149159148183
Cash Conversion Cycle 28363842474549696583
Entity Percentage Holding
Promoters 48.45%
Institutions 1.09%
Non-Institutions 50.46%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Magna Electro Castings Ltd.'s performance infers:

Magna Electro Castings Ltd. earnings have grown by 1.1%, whereas share price has appreciated 8.5% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Magna Electro Castings Ltd. share prices over the last 10 years. Here is what we found out:

Magna Electro Castings Ltd. share price has appreciated 8% annually over the past ten years.

Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide.

Magna specializes in the manufacture of Ductile Iron and Gray Iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. Magna also adds value by heat treatment, surface treatments and machining so that the products are ready

Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide.

Magna specializes in the manufacture of Ductile Iron and Gray Iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. Magna also adds value by heat treatment, surface treatments and machining so that the products are ready to assemble.

Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities as well.

Magna has extensive experience in the supply of safety requirement components in the casting and fully machined forms. The components meet stringent requirements in terms of Radiographic Quality and Metallurgical Control.

Magna has established warehousing in the USA, this facility along with bi-weekly container shipments, allows them to cater to low volume requirements. Also their warehousing capability enables them to supply products just in time, to customers in the United States of America.

Product range of the company includes:

Castings

  • Valves
  • Refrigeration
  • Railroad
  • Printing
  • Hydraulics
  • Automotive
  • Electrical
  • Windmills

Machined Components

  • Railroad
  • Hydraulics
  • Off Highway
  • Windmills
  • Automotive

Milestones:

  • 1993 - Incorporated as a Public Limited Company
  • 1995 - Commenced production
  • 1997 - First Exports Begin
  • 1998 - Awarded ISO 9002 certification
  • 1999 - CNC Machine Shop
  • 2000 - State of the art Tool Room
  • 2001 - Interactive Website for Customer Relations Management
  • 2002 - Awarded ISO 9001:2000 certification by M/S. DNV
  • 2003 - Approved in accordance with Pressure Equipment Directive (PED)97/23/EC          and W0/AD2000 MERKBLATT by RWTUV.
  • 2004 - ISO/TS 16949 certification
  • 2004 - Completely automated Furan based No-Bake molding line
  • 2004 - First Wind Electric Generator (750 KW)
  • 2005 - Heavy machining center
  • 2005 - Second Wind Electric Generator (1650 KW)

 Achievements/ recognition:

  • Awarded ISO 9002 certification in 1998.
  • Awarded ISO 9001:2000 certification by M/S. DNV in 2002.
  • Approved in accordance with Pressure Equipment Directive (PED)97/23/EC and W0/AD2000 MERKBLATT by RWTUV in 2003.
  • Awarded ISO/TS 16949 certification in 2004.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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