Manoj Ceramic Ltd - Stock Valuation and Financial Performance

BSE: 544073 | NSE: | Trading | Small Cap

Manoj Ceramic Share Price

194.40 8.40 4.52%
as on 11-Dec'24 16:59

DeciZen - make an informed investing decision on Manoj Ceramic

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Manoj Ceramic stock performance -

mw4me loader
P/E Ratio (SA):
26.65
Market Cap:
162 Cr.
52-wk low:
73.1
52-wk high:
219.9

Is Manoj Ceramic Ltd an attractive stock to invest in?

1. Is Manoj Ceramic Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Manoj Ceramic Ltd is a below average quality company.

2. Is Manoj Ceramic Ltd undervalued or overvalued?

The key valuation ratios of Manoj Ceramic Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Manoj Ceramic Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Manoj Ceramic Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Manoj Ceramic:

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.
Manoj Ceramic Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.2%11.9%18.1%20.1%-
Value Creation
Index
-0.2-0.20.30.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 35.643.173.595.996
Sales YoY Gr.-21.3%70.4%30.5%-
Adj EPS 0.21.76.17.37.3
YoY Gr.-595.8%266.5%18.5%-
BVPS (₹) 10.111.617.734.634.6
Adj Net
Profit
0.113.766
Cash Flow from Ops. 0.66.7-10.3-12.3-
Debt/CF from Ops. 64.55.2-4.9-4.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA39.2%30.5%
Adj EPS NANA211.4%18.5%
BVPSNANA51%95.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.711.132.527.221.1
Op. Profit
Mgn %
11.79.411.715.1NAN
Net Profit
Mgn %
0.42.356.36.3
Debt to
Equity
4.63.73.91.8-
Working Cap
Days
04683303420
Cash Conv.
Cycle
01991521970

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.19%

Net Profit is growing at healthy rate in last 3 years 211.44%

Debt to equity has declined versus last 3 years average to 1.82

Return on Equity has declined versus last 3 years average to 21.10%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Manoj Ceramic Ltd.

Standalone Consolidated
TTM EPS (₹) 7.3 6.4
TTM Sales (₹ Cr.) 95.9 95.8
BVPS (₹.) 34.6 33.9
Reserves (₹ Cr.) 21 20
P/BV 5.61 5.73
PE 26.65 30.32
From the Market
52 Week Low / High (₹) 73.10 / 219.90
All Time Low / High (₹) 73.10 / 219.90
Market Cap (₹ Cr.) 162
Equity (₹ Cr.) 8.3
Face Value (₹) 10
Industry PE 64.7

Management X-Ray of Manoj Ceramic:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Manoj Ceramic

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales36437496
Operating Expenses 32396581
Manufacturing Costs2211
Material Costs22295974
Employee Cost 3323
Other Costs 4535
Operating Profit 44914
Operating Profit Margin (%) 11.3%9.1%11.7%15.1%
Other Income 2211
Interest 5457
Depreciation 0000
Exceptional Items 0000
Profit Before Tax 0158
Tax 0012
Profit After Tax 0146
PAT Margin (%) 0.2%2.2%5.0%6.3%
Adjusted EPS (₹)0.11.66.17.3
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 991331
Share Capital 44411
Reserves 55921
Minority Interest0000
Debt37324651
Long Term Debt24142427
Short Term Debt13172224
Trade Payables11111412
Others Liabilities 46710
Total Liabilities 615879104

Fixed Assets

Gross Block4334
Accumulated Depreciation2233
Net Fixed Assets1111
CWIP 0000
Investments 1000
Inventories25282326
Trade Receivables1093451
Cash Equivalents 3211
Others Assets19192126
Total Assets 615879104

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 17-10-12
PBT 0158
Adjustment 6546
Changes in Working Capital -51-18-24
Tax Paid 00-1-3
Cash Flow From Investing Activity -1111
Capex 0000
Net Investments -1100
Others 0011
Cash Flow From Financing Activity 1-9812
Net Proceeds from Shares 00014
Net Proceeds from Borrowing 6-463
Interest Paid -5-4-5-7
Dividend Paid 0000
Others 0061
Net Cash Flow 1-1-10
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.3714.5341.8130.79
ROCE (%)11.2311.9118.0920.13
Asset Turnover Ratio0.590.731.071.05
PAT to CFO Conversion(x)N/A7-2.5-2
Working Capital Days
Receivable Days10781106161
Inventory Days26122612592
Payable Days1871427863

Manoj Ceramic Ltd Stock News

Manoj Ceramic Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Manoj Ceramic on 11-Dec-2024 16:59 is ₹194.4.
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 11-Dec-2024 16:59 the market cap of Manoj Ceramic stood at ₹162.0.
The latest P/E ratio of Manoj Ceramic as of 11-Dec-2024 16:59 is 26.65.
The latest P/B ratio of Manoj Ceramic as of 11-Dec-2024 16:59 is 5.61.
The 52-week high of Manoj Ceramic is ₹219.9 and the 52-week low is ₹73.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manoj Ceramic is ₹95.92 ( Cr.) .

About Manoj Ceramic Ltd

Manoj Ceramic was originally incorporated as ‘Manoj and Company Trading Private Limited’ under the provision of Companies Act, 1956 vide certificate of Incorporation dated December 12, 2006 issued by the Registrar of Companies, Maharashtra. Thereafter, the name of the Company was changed from ‘Manoj and Company Trading Private Limited’ to ‘Manoj Ceramic Private Limited’ vide special resolution passed by the members at the Extra-ordinary General Meeting held on October 13, 2018. Subsequently, the Company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on January 02, 2019 and consequently the name of the company was changed to ‘Manoj Ceramic Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai dated January 22, 2019.

‘Manoj Ceramic (MCL) is into the business of trading of ceramic tiles and Tiles Adhesive under their own brand ‘MCPL’ through dealer network, Retail showroom, wholesale as BTB and export. MCL is in to the business since 1991 in the names and styles of ‘Manoj and Company’, ‘Manoj And Company Trading’, ‘Manoj Ceramic’ in the beginning of the year 2019, the company transitioned from a private limited into a public limited company under the name and style ‘Manoj Ceramic’, as certified vide certificate of incorporation dated January 22, 2019.

In the Company, it specializes in two products: Ceramic Tiles and Tile Adhesive. Its range of Ceramic Tiles offers a captivating designs, colors and sizes, for transforming any space into a work of art. Additionally, its Tile Adhesive guarantees a strong bond, ensuring a seamless and lasting installation for its valued customers. In ceramic tiles, it engages with the manufacturer and based on its experience and customer feedback it finalizes the designs with the manufacture and accordingly they supply the finished goods to it which it sales further through its dealer network, Retail showroom, Export and B2B sale to various end user like architect, builders and contractors. 

In this it supplies Tiles Adhesive in its brand name ‘MCPL’ to end user through its distributor network which is in Maharashtra. It orders the material to the manufacturer which he supplies in Bags with its Brand Name ‘MCPL’. Distributor place order with it and accordingly it supply the same to its distributor who in turn sale to end user. In addition to sale through its distribution network it also sales it in its B2B network i.e. Architect, Builders and Contractors whom it supplies directly.

Business area of the company

The company has been actively engaged in the trading of Ceramic Tiles and Tiles Adhesive under its own brand ‘MCPL’. It has established a dealer network, retail showrooms and wholesalers to cater to its customers’ needs. Additionally, it has also expanded its business to include B2B transactions and export activities.

Products of the company 

  • Ceramic tiles
  • Tile adhesive

History and milestones 

  • 2019: Conversion from Private to Public Company.

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