Morganite Crucible (India) Ltd Stock Analysis

BSE: 523160 | NSE: | Refractories | Small Cap

BSE Share Price 25-Nov-2022 18:01
979.80 -1.40 (-0.14%)

DeciZen - Make an Informed Decision on Morganite Crucible(I

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Morganite Crucible(I Price Chart

P/E Ratio (SA) :
13.84
Market Cap :
548.7 Cr.
52-wk low :
835
52-wk high :
1,220
Bole Toh?

1. Is Morganite Crucible (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Morganite Crucible (India) Ltd is a good quality company.

2. Is Morganite Crucible (India) Ltd undervalued or overvalued?

The key valuation ratios of Morganite Crucible (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Morganite Crucible (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Morganite Crucible (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Morganite Crucible(I:

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.
Morganite Crucible (India) Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 19.4%15.5%11.8%13.6%22.1%14.9%15.6%11.2%-1.7%33.3%-
Value Creation Index 0.40.1-0.2-0.00.60.10.1-0.2-1.11.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 79.980.688.788.7111109120129107152161
YoY Gr. Rt. %-0.8%10.1%-0%25.6%-2%10.1%7%-16.9%42.6%-
Adj EPS 14.913.712.215.829.322.526.520.7-3.266.970.8
YoY Gr. Rt. %--7.7%-11.2%29.6%85.1%-23.2%17.7%-21.9%-115.4%NA-
BVPS (₹) 84.999.3109.2124.4142.3162.4177.1192.5182.9218.9234.5
Adj Net Profit 8.37.76.88.916.412.614.811.6-1.837.540
Cash Flow from Ops. 12.45.83.317.625.117.220.510.919.225.5-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%6.5%8.2%42.6%
Adj EPS 18.2%18%36.2%NA
BVPS 11.197.319.6
Share Price 18.6% 14.6% 7.9% -2.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 19.214.911.713.52214.815.611.2-1.733.331.2
Op. Profit Mgn % 22.320.721.722.825.920.816.813.39.819.917.4
Net Profit Mgn % 10.49.67.71014.711.512.39-1.724.624.6
Debt to Equity 00000000000
Working Cap Days 181169159154128150142152184136228
Cash Conv. Cycle -10-111743394235475839168

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 31.20%

Net Profit is growing at healthy rate in last 3 years 36.22%

Sales growth is good in last 4 quarters at 17.41%

Sales growth has been subdued in last 3 years 8.24%

Latest Financials - Morganite Crucible (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 70.8 25.9
TTM Sales (₹ Cr.) 161 111
BVPS (₹.) 234.5 0
Reserves (₹ Cr.) 129 85
P/BV 4.18 0.00
PE 13.84 37.56
From the Market
52 Week Low / High (₹) 835.00 / 1220.00
All Time Low / High (₹) 3.50 / 1220.00
Market Cap (₹ Cr.) 549
Equity (₹ Cr.) 2.8
Face Value (₹) 5
Industry PE 33.2

Management X-Ray of Morganite Crucible(I :

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Morganite Crucible(I

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Morganite Crucible (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Morganite Crucible(I on 25-Nov-2022 18:01 is : 979.8.
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 25-Nov-2022 18:01 the market cap of Morganite Crucible(I stood at ₹ 548.7.
The latest PE ratio of Morganite Crucible(I as of 25-Nov-2022 18:01 is 13.84.
The latest PB ratio of Morganite Crucible(I as of 25-Nov-2022 18:01 is 4.18
The 52-week high of Morganite Crucible(I is ₹ 1,220 and the 52-week low is ₹ 835.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Morganite Crucible(I is ₹ 161.1 ( Cr.) .

About Morganite Crucible (India) Ltd

Morganite Crucible India was incorporated on January 13, 1986.  It obtained a certificate of commencement of business from the Registrar of Companies, Bombay on May 21, 1986. The company has been promoted by Greaves Cotton & Company and Morganite Crucible, U.K.

Morganite Crucible (India) supplies crucibles. The company manufactures foundry products and equipments for temperature measurement, control of chemical composition and molten metal management. It produces furnaces for melting & holding metals and alloys. The company offer gas/oil furnaces, electric furnaces, dual energy furnaces, electric ladles and retrofit kits In terms of an agreement, Greaves Cotton & Company holds 24% and Morganite Crucible has 28% of the issued share capital of the company.

The company entered into a technical knows how agreement with Morganite Crucible, through which it was to provide engineering assistance and help to enable the company to fully absorb the exclusive technology. It also trained qualified personnel from the company at its works and was to provide information on the methods and techniques used by it in the manufacture of silicon carbide crucibles. Further, Morganite Crucible was to send its technologists to the company's plant for consultation as required.  It would also give advice for setting up R & D unit in the company. The technical assistance provided by Morganite Crucible would be free of any royalty or fee. The company has its manufacturing unit at Aurangabad district of Maharashtra with installed capacities of 3,600 MT silicon carbide crucibles, 1,000 MT clay graphite crucibles and 400 MT accessories.

The registered office of the company is located at B-11, MIDC Industrial Area, Waluj, Aurangabad- 431136, Maharashtra. 

Product of the company

  • Silicon Carbide Crucibles
  • Clay Graphite Crucibles
  • Accessories Crucible
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