1. Is Manugraph India Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Manugraph India Ltd is a below average quality company.
2. Is Manugraph India Ltd undervalued or overvalued?
The key valuation ratios of Manugraph India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Manugraph India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Manugraph India 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.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||5.3%||0.3%||-5.3%||3.4%||-21.3%||-10.2%||-7.8%||-19.4%||-12.8%||-9.8%||-|
|Value Creation Index ⓘ||-0.6||-1.0||-1.4||-0.8||-2.5||-1.7||-1.6||-2.4||-1.9||-1.7||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-18%||-15.8%||25.9%||-4.8%||-28.5%||35.9%||-51.8%||-75.5%||55.1%||-|
|Adj EPS ⓘ||3.7||-0.2||-4.3||2||-15.8||-9.2||-6.6||-11.7||-7||-4.9||-5.6|
|YoY Gr. Rt. %||-||-104.8%||NA||NA||-904.1%||NA||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||78.5||74.8||70.3||71.1||75.9||81.3||74.5||50.3||40.8||36.1||33.1|
|Adj Net Profit ⓘ||11.3||-0.6||-13.1||6||-48.2||-23.5||-16.9||-35.6||-21.3||-15||-17|
|Cash Flow from Ops. ⓘ||-1||12.2||-23.1||17.3||26.5||-32.7||-13.7||-27.4||-22.3||-0.8||-|
|Debt/CF from Ops. ⓘ||0||0||-0.3||0||0||-0.1||0||-0.3||-0.9||-21.3||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-203.1%||NA||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||4.8||-0.2||-5.9||2.8||-21.6||-10.7||-8.5||-20.7||-15.4||-12.8||-16.3|
|Op. Profit Mgn % ⓘ||8.6||2.6||-4.2||3.3||0.3||-3.7||-3.2||-24.5||-52.6||-27.6||-23.5|
|Net Profit Mgn % ⓘ||3.6||-0.2||-6.1||2.2||-18.7||-12.7||-6.7||-29.4||-71.7||-32.5||-30.1|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0.1||0.2||0.2||0|
|Working Cap Days ⓘ||171||191||224||172||148||229||185||334||1,145||586||275|
|Cash Conv. Cycle ⓘ||75||92||103||73||58||85||92||198||711||378||80|
Sales growth is good in last 4 quarters at 45.05%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
|TTM EPS (₹)||-5.6||-5.2|
|TTM Sales (₹ Cr.)||56.9||56.9|
|BVPS (₹.) ⓘ||33.1||33.2|
|Reserves (₹ Cr.) ⓘ||95||95|
|From the Market|
|52 Week Low / High (₹)||11.68 / 19.75|
|All Time Low / High (₹)||1.02 / 318.25|
|Market Cap (₹ Cr.)||53.4|
|Equity (₹ Cr.)||6.1|
|Face Value (₹)||2|
|Industry PE ⓘ||19.6|
Manugraph India was established in the year 1972 by its founder S M Shah. The company is Indiaâ€™s largest manufacturer of web offset presses.
It is the first Indian company to have achieved a breakthrough in exporting â€˜Made in Indiaâ€™ printing machines to advanced countries such as Germany, France, UK & USA as early as in 1994-95. Over the years, Manugraph has emerged as a thriving, nimble, printing machinery manufacturing enterprise, because of its ability to adapt itself rapidly to meet the challenges of a competitive economy and its commitment to be a supplier of choice by delighting customers with its excellent services and cutting edge technology. Manugraph believes that the key to maintaining a sustained success is choosing the right technologies and applying them to build cost-effective quality machines. Constant modernization and employment of state-of-the-art technology has enabled Manugraph to stay ahead in the industry, always.
Motivating management practices, excellent leadership, highly skilled workforce and a well focused approach has led Manugraph to achieving the goal of being the leader in the niche 4-page Newspaper Offset Printing Press market. Manugraph owes its strong position as a supplier of choice not only to its technical competence, but also to its clear orientation towards the customer wishes. Once functionality and timing are agreed upon, the client could relax, knowing well Manugraph would deliver quality presses exactly as agreed upon, right on time. Manugraph develops strong business partnerships with clients, providing most satisfactory after-sale services on a continuous basis.
In India, Manugraph ranks as Numero Uno in the manufacture of web offset presses. With a whopping 60% market share and quality presses ranging in speeds from 35,000â€“60,000 copies per hour, Manugraph presses are present in nearly all major publication houses.
Manugraph has significant presence in the international market too. Leading publishers from South America, Europe, Middle East, Asia & the CIS countries have all invested in Manugraph presses.
Product range of the company include:
In Nov 2006 Manugraph acquired 100% stake in the US-based press manufacturing firm Dauphin Graphic Machines Inc. (DGM). With this acquisition, Manugraph is now No.1 Single width, Single circumference press manufacturing company in the world! The US-based company is now called Manugraph DGM Inc.
Manugraph India on June 2, 2009 has announced with the reference to the earlier announcement dated January 6, 2009 regarding the operations of plants of the company at Kolhapur have been reduced from 6 days a week to 5 days due to sluggish market conditions, that the company does not foresee any improvement in business conditions. Also exports have slowed down significantly. Considering this local and global scenario, the company has been constrained to suspend the production at Unit No.II at Kolhapur and also has reduced its operations at Unit No.1 substantially in consonance with the orders in hand and to reduce the piling of inventory.
Until such time the situation does not improve, the company will take cost cutting measures which are necessary to improve its working and reduce the financial burden.