Mahindra Composites Ltd.(Amalgamated) - Stock Valuation and Financial Performance

BSE: 524138 | NSE: | Plastic Products | Small Cap

BSE Share Price
Not Listed

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Mahindra Composites Ltd.(Amalgamated) stock performance -

mw4me loader
P/E Ratio (SA):
209.90
Market Cap:
79.8 Cr.
52-wk low:
179.1
52-wk high:
185

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Mahindra Composites:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14TTM
ROCE % 13.1%7%3.2%8.2%17.9%15.7%14.1%5.9%-0.5%4.4%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19.920.426.232.442.845.952.256.250.36673
Sales YoY Gr.-2.9%28%23.9%31.9%7.4%13.7%7.7%-10.5%31.2%-
Adj EPS 3.51.90.52.16.35.85.51.6-20.70.9
YoY Gr.--44.1%-72%287%200.5%-7.2%-5.5%-71.9%-231.6%NA-
BVPS (₹) 23.424.324.826.130.333.937.235.232.934.733.9
Adj Net
Profit
1.50.90.20.92.82.62.40.7-0.90.30
Cash Flow from Ops. 0.6-0.40.81.12.82.83.71.43.53.1-
Debt/CF from Ops. 3.5-11.56.84.71.821.66.42.22.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.3%9.1%8.2%31.2%
Adj EPS -16.8%-36.3%-50.7%NA
BVPS4.5%2.7%-2.2%5.4%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14TTM
Return on
Equity %
15.38.12.28.222.318.115.44.3-61.92.5
Op. Profit
Mgn %
119.75.28.911.612.49.77.33.94.24.8
Net Profit
Mgn %
7.64.10.92.86.55.64.71.2-1.80.40.5
Debt to
Equity
0.20.40.50.50.40.40.40.60.50.50.1
Working Cap
Days
13216515714713013613115519717076
Cash Conv.
Cycle
4769635353707074825616

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Mahindra Composites Ltd.(Amalgamated)

Standalone Consolidated
TTM EPS (₹) 0.9 -
TTM Sales (₹ Cr.) 73 -
BVPS (₹.) 33.9 -
Reserves (₹ Cr.) 11 -
P/BV 5.32 -
PE 209.90 -
From the Market
52 Week Low / High (₹) 179.05 / 185.00
All Time Low / High (₹) 1.85 / 201.70
Market Cap (₹ Cr.) 79.8
Equity (₹ Cr.) 4.4
Face Value (₹) 10
Industry PE 35.7

Management X-Ray of Mahindra Composites:

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 Mahindra Composites

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Sales19.8720.4426.1632.4242.7545.9152.2156.2450.3466.04
Operating Expenses 17.7018.4524.8029.5937.8240.2147.1452.3048.5163.61
Manufacturing Costs1.421.591.751.661.982.442.893.204.214.74
Material Costs12.4012.7217.2321.2228.9130.4535.0337.7333.4447.02
Employee Cost 1.511.612.412.773.193.904.625.624.975.50
Other Costs 2.372.543.423.943.743.424.605.745.896.35
Operating Profit 2.171.991.362.824.935.705.073.941.842.43
Operating Profit Margin (%) 10.9%9.7%5.2%8.7%11.5%12.4%9.7%7.0%3.7%3.7%
Other Income 0.680.210.130.101.030.260.610.480.060.37
Interest 0.090.150.390.640.570.720.860.981.121.03
Depreciation 0.410.630.710.740.861.371.071.451.732.03
Exceptional Items 0000000-2.1400.96
Profit Before Tax 2.341.410.381.554.533.873.75-0.16-0.950.71
Tax 0.840.540.160.671.661.291.320.750.03-0.07
Profit After Tax 1.510.880.230.882.882.582.43-0.91-0.980.78
PAT Margin (%) 7.6%4.3%0.9%2.7%6.7%5.6%4.7%-1.6%-1.9%1.2%
Adjusted EPS (₹)3.42.00.52.06.65.95.5-2.1-2.21.8
Dividend Payout Ratio (%)44%50%0%50%31%34%36%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14

Equity and Liabilities

Shareholders Fund 10.2710.6510.8711.4613.3114.8516.3615.5114.5415.33
Share Capital 4.394.394.394.394.394.394.404.414.414.42
Reserves 5.896.266.487.078.9210.4711.9611.1010.1210.91
Minority Interest0000000000
Debt2.084.145.655.345.055.575.568.447.256.98
Long Term Debt2.084.145.655.345.055.570.940.750.571.48
Short Term Debt0000004.627.696.685.50
Trade Payables3.013.745.215.486.195.146.416.367.5113.87
Others Liabilities 1.651.450.631.912.122.803.4511.5211.5812.35
Total Liabilities 17.0119.9822.3724.1926.6628.3631.7841.8340.8848.52

Fixed Assets

Gross Block11.0212.1913.4913.9014.8216.1918.7221.3622.0723.28
Accumulated Depreciation4.555.185.886.517.228.449.5110.9612.5814.31
Net Fixed Assets6.477.017.607.397.617.749.2110.399.498.97
CWIP 1.270.670.080.050.370.480.180.010.790.92
Investments 0000000000
Inventories1.021.642.262.473.484.174.023.845.745.62
Trade Receivables6.498.779.3711.4212.1613.2214.9918.0314.7321.75
Cash Equivalents 0.260.561.040.780.920.890.680.300.380.54
Others Assets1.521.332.022.072.121.852.719.269.7510.73
Total Assets 17.0119.9822.3724.1926.6628.3631.7841.8340.8848.52

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Cash Flow From Operating Activity 0.59-0.360.831.142.762.793.741.383.513.13
PBT 2.341.410.381.554.533.873.75-0.16-0.950.71
Adjustment 0.040.711.111.411.442.371.852.562.532.97
Changes in Working Capital -1.26-2.14-0.24-1.36-1.52-2.14-0.17-0.122.33-0.55
Tax Paid -0.54-0.34-0.43-0.47-1.70-1.32-1.69-0.90-0.400
Cash Flow From Investing Activity -0.88-0.61-0.86-0.57-1.40-1.82-1.79-2.73-1.19-1.68
Capex -4.60-0.57-0.72-0.55-1.43-1.63-2.30-2.73-1.19-1.62
Net Investments 3.52000000.49000
Others 0.20-0.03-0.14-0.010.03-0.190.0200-0.06
Cash Flow From Financing Activity -0.421.220.37-0.86-1.21-1.22-1.680.96-2.24-1.35
Net Proceeds from Shares 0000000.070.0500.01
Net Proceeds from Borrowing 0.402.111.22-0.21-0.090.140.71-0.19-0.180.91
Interest Paid -0.09-0.15-0.38-0.64-0.57-0.72-0.86-0.93-1.08-1.08
Dividend Paid -0.73-0.74-0.48-0.01-0.51-1.01-1.02-1.0100
Others 0000-0.030.37-0.583.04-0.99-1.18
Net Cash Flow -0.710.260.34-0.290.15-0.250.27-0.390.080.11
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14
Ratios
ROE (%)15.228.392.127.8923.2218.2915.59-5.7-6.515.24
ROCE (%)20.2811.544.9413.1329.0223.5921.483.540.757.58
Asset Turnover Ratio1.381.241.391.581.861.81.91.691.371.64
PAT to CFO Conversion(x)0.39-0.413.611.30.961.081.54N/AN/A4.01
Working Capital Days
Receivable Days961211121039193909710591
Inventory Days15212423232826233128
Payable Days81979592746860627683

Mahindra Composites Ltd.(Amalgamated) Stock News

Mahindra Composites Ltd.(Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mahindra Composites on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Mahindra Composites stood at ₹79.76.
The latest P/E ratio of Mahindra Composites as of 01-Jan-1970 05:30 is 209.9.
The latest P/B ratio of Mahindra Composites as of 01-Jan-1970 05:30 is 5.32.
The 52-week high of Mahindra Composites is ₹185.0 and the 52-week low is ₹179.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahindra Composites is ₹73.03 ( Cr.) .

About Mahindra Composites Ltd.(Amalgamated)

Mahindra Composites Ltd ( formerly Siro Plast Ltd ) was established in 1982 with technical collaboration with Menzolit, Germany. Subsequently the company developed materials suited for Indian conditions.

Mahindra and Mahindra Group decided to set up Siro Plast ,a top-of-the-line company slated to provide quality products in the area of engineered plastic composites. Since then, Mahindra Composites (formerly Siro Plast) has come a long way. State-of-the art technology and an in-built capacity for customization have helped position the company as a leader in this niche segment.

The tie-up with Menzolit GmbH of Germany, the largest manufacturer of composites in Europe, brought in advanced technology addressing manufacturing formulations, manufacturing processes, application engineering and mould design cycles. As a Mahindra and Mahindra company, and with inputs from Menzolit in the period 1983 to 1994, Mahindra Composites gradually grew into a leading manufacturer of quality composites.

Mahindra Composites have been the pioneers in India to setup ( SMC ) Sheet Molding Compound machine with 48” width, besides having expertise in ( DMC / BMD ) Dough / Bulk Molding Compounds for Compression and Injection molding applications in ‘90’s itself.

Mahindra Composites efforts for export foray bore fruits at the start of the new millennium. It has been exporting to reputed global customers like General Electrical’s Health Care & Industrial application division. Today exports constitute close to 20 % of sales and are slated to rise significantly in future.

Few of its significant developments have been the “ Halogen Free” materials for electrical applications, achieving UL094 approvals with V0 fire retardant properties and automotive applications for Head Lamps with antifogging properties at elevated temperatures.

Products and services offered by the company:

Auto Sector

  • Radiator Grill
  • NVH Covers with in situ Foam Moulding
  • Transmission Cover for Utility Vehicles (UV)
  • Engine Hood for Commercial Vehicle (CV)
  • Engine Hood for CV
  • Engine Bonnet cum Driver Support
  • Head Light Embellisher(LH & RH) for CV
  • Muffler Guard For Two Wheelers
  • Engine Stone Hit Trey
  • Bonnet Cover

Electrical Switch Gear  Electrical - Raliways - Defence Sector

Services offered by the company:

  • Product Design & Development
  • Tool Design & Manufacturing
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