Magnum Ventures Ltd - Stock Valuation and Financial Performance

BSE: 532896 | NSE: MAGNUM | Paper & Paper Products | Small Cap

Magnum Ventures Share Price

44.09 -0.15 -0.34%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Magnum Ventures

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

Magnum Ventures stock performance -

mw4me loader
P/E Ratio (SA):
8.15
Market Cap:
260.5 Cr.
52-wk low:
24.1
52-wk high:
77.5

Is Magnum Ventures Ltd an attractive stock to invest in?

1. Is Magnum Ventures Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Magnum Ventures Ltd is a average quality company.

2. Is Magnum Ventures Ltd undervalued or overvalued?

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

3. Is Magnum Ventures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Magnum Ventures 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 Magnum Ventures:

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.
Magnum Ventures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.4%-7.1%-16.4%46.2%0.3%-0.1%-10.6%0.9%2.8%15.1%-
Value Creation
Index
-0.9NANA2.3-1.0NANA-0.9-0.80.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 214224230215257278241177328460450
Sales YoY Gr.-4.7%2.9%-6.7%19.5%8.3%-13.3%-26.7%85.9%40.1%-
Adj EPS -4.9-13.8-20.726.20.2-0.1-6.90.31.2165.4
YoY Gr.-NANANA-99.4%-162.5%NANA342.3%1288.7%-
BVPS (₹) 4-14.7-38-11.8-11.6-11.6-14.8-14.4-136.521.4
Adj Net
Profit
-19.5-54.2-81.41030.6-0.4-27.214.570.532
Cash Flow from Ops. -4425.11031.622.910.617.48.42399.1-
Debt/CF from Ops. -8.615.63180.312.427.116.734.911.91.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.9%12.4%24%40.1%
Adj EPS NA151.1%NA1288.7%
BVPS5.7%NANANA
Share Price 36.2% 55.1% 111.4% 74.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-38.9-1408103.4-141.3-31.969-1.8-8.426.538.9
Op. Profit
Mgn %
12.97.5-0-1.45.76.32.37.26.89.212.1
Net Profit
Mgn %
-9.1-24.2-35.448.10.3-0.1-11.30.61.415.37.1
Debt to
Equity
9.3-11.9-2.4-13.6-13.8-13.8-5-5.2-5.45.80.1
Working Cap
Days
20924218314513412913518511082101
Cash Conv.
Cycle
13012592787584821015946-6

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 38.90%

Sales growth is growing at healthy rate in last 3 years 24.04%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -0.42%

Latest Financials - Magnum Ventures Ltd.

Standalone Consolidated
TTM EPS (₹) 5.4 1.4
TTM Sales (₹ Cr.) 450 72.3
BVPS (₹.) 21.4 0
Reserves (₹ Cr.) 67 68
P/BV 2.07 0.00
PE 8.15 32.16
From the Market
52 Week Low / High (₹) 24.05 / 77.45
All Time Low / High (₹) 1.53 / 77.45
Market Cap (₹ Cr.) 261
Equity (₹ Cr.) 58.9
Face Value (₹) 10
Industry PE 6.7

Management X-Ray of Magnum Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *70.0070.0069.9169.8069.8069.8056.9946.2051.4151.41
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Magnum Ventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales214224230215257278241177328460
Operating Expenses 186207230218242260236164306418
Manufacturing Costs757682787596815080122
Material Costs8397113981141119779170228
Employee Cost 17192226323234193141
Other Costs 11151416212224152427
Operating Profit 27170-315185132242
Operating Profit Margin (%) 12.9%7.5%0.0%-1.4%5.7%6.3%2.3%7.2%6.8%9.2%
Other Income 201130112635
Interest 3638530001234
Depreciation 19252424141516171517
Exceptional Items 1-27-15000-10-343
Profit Before Tax -25-73-9210313-100569
Tax -60000317-10-2
Profit After Tax -19-73-9210310-271571
PAT Margin (%) -8.8%-32.8%-39.8%48.0%0.3%0.0%-11.4%0.8%1.6%15.4%
Adjusted EPS (₹)-4.8-18.6-23.326.20.20.0-7.00.31.316.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 41-33-125-21-21-21-58-57-51576
Share Capital 63636363636338383842
Reserves -22-96-187-84-83-83-96-94-89534
Minority Interest0000000000
Debt377391303290278286291239181100
Long Term Debt333347291290278286259239181100
Short Term Debt44441200031000
Trade Payables16252330272421333232
Others Liabilities -122411911262737100154335
Total Liabilities 4224083213113103162913153151,043

Fixed Assets

Gross Block2732502274094204364464654851,220
Accumulated Depreciation000199213228242259274290
Net Fixed Assets273250227210206208204206211930
CWIP 0000000000
Investments 0000000000
Inventories1516810253217253357
Trade Receivables87825967645651615640
Cash Equivalents 12138798954
Others Assets4658141671111151011
Total Assets 4224083213113103162913153151,043

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -4425103223111782399
PBT -26-46-77-2613-100827
Adjustment 55637826151716171720
Changes in Working Capital -738143-1277-811-10210
Tax Paid 00000-10100
Cash Flow From Investing Activity -2-226-6-11-17-11-10-20-5
Capex -2-226-7-11-17-12-11-20-5
Net Investments 0000000000
Others 0000000100
Cash Flow From Financing Activity 46-23-117-1-139-72-7-95
Net Proceeds from Shares 00000000011
Net Proceeds from Borrowing 000000-73-22-106
Interest Paid -36-38-530000-1-1-3
Dividend Paid 0000000000
Others 8216-64-1-13900162
Net Cash Flow 0012-6-12-11-4-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-75.27N/AN/AN/AN/AN/AN/AN/AN/A0
ROCE (%)2.71N/AN/AN/AN/AN/AN/AN/AN/A34.55
Asset Turnover Ratio0.540.550.650.690.830.890.790.581.040.68
PAT to CFO Conversion(x)N/AN/AN/A0.0223-INFN/A84.61.39
Working Capital Days
Receivable Days1391341091059379821166538
Inventory Days23241915253837433236
Payable Days7677781009184851246951

Magnum Ventures Ltd Stock News

Magnum Ventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Magnum Ventures on 28-Mar-2024 16:01 is ₹44.09.
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 28-Mar-2024 16:01 the market cap of Magnum Ventures stood at ₹260.5.
The latest P/E ratio of Magnum Ventures as of 28-Mar-2024 16:01 is 8.15.
The latest P/B ratio of Magnum Ventures as of 28-Mar-2024 16:01 is 2.07.
The 52-week high of Magnum Ventures is ₹77.45 and the 52-week low is ₹24.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Magnum Ventures is ₹449.8 ( Cr.) .

About Magnum Ventures Ltd

Magnum Ventures formerly known as “Magnum Papers Limited” was incorporated in the year 1980 and taken over in 1984 under the leadership of Mr. Salek Chand Jain along with his sons Vinod Jain, Parmod Jain, Pradeep Jain, Praveen Jain being promoters and directors of the company.

It is ideally located at Sahibabad (the NCR region hardly 15 KM from the heart of Delhi i.e. Connaught place, New Delhi).The mill has now transformed into one of the largest paper manufacturing mill of Northern India having installed capacity of 85000 TPA. This includes equal quantity of Cream wove Paper, Maplitho, Copier, and Coated Duplex board.

The company is engaged in the business of trading and manufacturing of papers for more than 25 years and is also having sound financial resources for meeting large commitments. The existing manufacturing activities cover printing and writing papers, duplex boards, Xerox paper, wrapping and packing paper and so on with installed capacity of 85 k MT per annum based on 3 shifts and 330 days as working days in a year.

The company is a well known name  in the trade of papers and enjoy high respect in the society . Their commitments to institutions / banks have always been honored in time. The company is being, managed by a team of professionals with close and active supervision of the directors. They started the trade in early 80’s on a very low profile and however with full commitment and positive approach, the working of the company gradually and steadily reflected substantial growth particularly in the last 7 to 8 years.

Product range of the company includes:

  • Printing & Writing Papers
  • Duplex Boards

Milestones:

  • 1983  - Paper mill setup for manufacturing of writing and printing paper having capacity of 1185 MTPA.
  • 1990 - Machine was upgraded and modified for manufacturing of Cream wove and Board. Capacity enhanced during the year by 2400 MTPA i.e. 3585 MTPA 
  • 1991 -  Purchase of land 18/29-30 adjoining to Plot No. 18/31, Site-4, Industrial area, Sahibabad, Ghaziabad, UP and expansion of capacity by 3000 MTPA. i.e by 6585 MTPA 
  • 1994 -  Purchased another Plot No. 18/41 Site-IV, Industrial Area, Sahibabad, Ghaziabad, UP and setup a separate manufacturing unit for manufacturing duplex board, having Installed capacity of 20000 MTPA i.e. 26585 MTPA. 
  • 1997 -  FO based DG Set installed for 100 % power backup 
  • 1999 - At Plot No. 18/41 Site-IV, Industrial Area, Sahibabad, Ghaziabad, UP setup A Cream wove Manufacturing Plant Capacity 16415 MTPA i.e 43000 MTPA Purchased A Plot No. 64/6, Site-IV, Industrial Area, Sahibabad, Ghaziabad, UP to meet the space requirement for Finishing House.
  • 2002 -  Manufacturing Unit situated at 18/29-30-31, was upgraded and modified. Capacity increased by 10000 MTPA i.e 53000 MTPA. 
  •  2004 -  Duplex Board Manufacturing Machine installed at 18/41 Site-IV, Industrial area Sahibabad, Ghaziabad, UP was upgraded, modified and capacity increased by 27000 MTPA i.e 80000 MTPA. 
  • 2005 -  4.5 MW Turbine installed to be meet up addition power requirement commensurate with the increase in production. Duplex Board Manufacturing Machine installed at 18/41 Site-IV, Industrial area Sahibabad, Ghaziabad, UP was upgraded, modified and capacity increased by 5000 MTPA i.e 85000 MTPA.
  • 2006  - Upgradation of Pulp Mill by installing de-inking plant at 18/41, Site-IV, Sahibabad, Ghaziabad, UP, to produce better and consistent quality of paper and board.

Achievements/ recognition:

  • It is an ISO 9001:2000 certified organization.
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