Morganite Crucible (India) Ltd Stock Analysis

BSE: 523160 | NSE: | Refractories | Small Cap

BSE Share Price Jan 21, 18:01
996.20 -13.80 (-1.37%)

DeciZen - Make an Informed Decision on Morganite Crucible(I

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

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

Data is not available for this 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 Somewhat overvalued 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.

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 24.9%19.4%15.5%11.8%13.6%22.1%14.9%15.6%11.2%0.4%-
Value Creation Index 0.80.40.1-0.2-0.00.60.10.1-0.2-1.0-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 79.779.980.688.788.7111109120129107138
YoY Gr. Rt. %-0.2%0.8%10.1%-0%25.6%-2%10.1%7%-16.9%-
Adj EPS 17.214.913.712.215.829.322.526.520.70.718.5
YoY Gr. Rt. %--13.5%-7.7%-11.2%29.6%85.1%-23.2%17.7%-21.9%-96.7%-
BVPS (₹) 70.284.999.3109.2124.4142.3162.4177.1192.5182.9204.3
Adj Net Profit 9.68.37.76.88.916.412.614.811.60.410
Cash Flow from Ops. 7.512.45.83.317.625.117.220.510.919.2-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 3.3%3.8%-0.7%-16.9%
Adj EPS -30.2%-46.7%-68.9%-96.7%
BVPS 11.284.1-5
Share Price 19.9% 24.8% 11.8% 17.9%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 27.619.214.911.713.52214.815.611.20.49.6
Op. Profit Mgn % 22.722.320.721.722.825.920.816.813.39.817.5
Net Profit Mgn % 12.110.49.67.71014.711.512.390.47.5
Debt to Equity 0.10000000000
Working Cap Days 182181169159154128150142152185249
Cash Conv. Cycle -8-10-1117433942354759147

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.60%

Sales growth is good in last 4 quarters at 43.51%

Sales growth has been subdued in last 3 years -0.70%

Net Profit has been subdued in last 3 years -68.85%

Latest Financials - Morganite Crucible (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 18.5 25.9
TTM Sales (₹ Cr.) 138 111
BVPS (₹.) 204.3 0
Reserves (₹ Cr.) 112 85
P/BV 4.88 0.00
PE 53.77 38.41
From the Market
52 Week Low / High (₹) 730.00 / 1213.00
All Time Low / High (₹) 3.50 / 1213.00
Market Cap (₹ Cr.) 558
Equity (₹ Cr.) 2.8
Face Value (₹) 5
Industry PE 38.3

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

Analyst's Notes

News

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
Read More Read Less