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Morganite Crucible (India) Ltd. Stock Analysis

Small Cap
Evaluated by 267 users | BSE: 523160 | NSE: |
Refractories
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...

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 16.72%24.87%19.42%15.54%11.83%13.63%22.06%14.87%15.59%11.19%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 67.779.779.980.688.788.7111109120129
Y-o-Y Gr. Rt.-17.8%0.2%0.8%10.1%-0%25.6%-2%10.1%7%
Adjusted EPS (Rs.) 11.1417.2114.8913.7412.215.8129.2722.4926.4720.68
Y-o-Y Gr. Rt.-54.5%-13.5%-7.7%-11.2%29.6%85.1%-23.2%17.7%-21.9%
Book Value per Share (Rs.) 54.5470.1884.8799.32109.21124.44142.34162.36177.14192.54
Adjusted Net Profit 6.29.68.37.76.88.916.412.614.811.6
Net Op. Cash Flow (Rs. Cr.) 14.47.512.45.83.317.625.117.220.510.9
Debt to Cash Flow from Ops 0.73000000000
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.
Morganite Crucible (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.4%7.7%4.9%7%
Adjusted EPS 7.1%11.1%-10.9%-21.9%
Book Value per Share 151210.68.7
Share Price 18.4% 32.5% 21.4% 11.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 22.2327.619.214.9211.713.5321.9514.7715.5911.19
Operating Profit Margin (%) 21.122.7422.2720.6921.7122.8425.8520.816.8213.28
Net Profit Margin (%) 9.2112.0910.439.557.79.9814.7211.5412.349.01
Debt to Equity 0.340.1300000000
Working Capital Days 176182181169159154128150142152
Cash Conversion Cycle -22-8-10-11174339423545
Entity Percentage Holding
Promoters 75.00%
Institutions 1.05%
Non-Institutions 23.95%
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 Morganite Crucible(I's performance infers:

Morganite Crucible(I earnings have grown by 11.1%, whereas share price has appreciated 32.5% 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 Morganite Crucible(I share prices over the last 10 years. Here is what we found out:

Morganite Crucible(I share price has appreciated 18.7% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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