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Maral Overseas Ltd (MARALOVER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521018 NSE: MARALOVER Textile - Spinning | Small Cap | Maral Overseas Share Price

₹52.40 -2.60 (-4.73%)

As on 07-Aug'26 16:59

Maral Overseas Ltd (MARALOVER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 521018 NSE: MARALOVER Textile - Spinning | Small Cap | Maral Overseas Share Price

₹52.40 -2.60 (-4.73%)

As on 07-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹218 Cr.
Current Price
₹52.4
52-Week Low / High
₹35 / 66
TTM EPS
₹5.3
TTM Sales
₹1,019 Cr.
Book Value per Share
₹28.1
P/E Ratio
9.97
Industry PE
21.5
Price to Book (P/B)
1.86
Lower than its 5-year historical median
Price to Sales (P/S)
0.21
Lower than its 5-year historical median
EV/EBITDA
6.62
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
2.97%
Outperforms industry median
Return on Capital Employed (ROCE)
7.65%
Outperforms industry median
Return on Assets (ROA)
0.46%
Operating Profit Margin
5%
Net Profit Margin
0.33%
Gross Profit Margin
3.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-6.32%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
113.73%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.95%
Pledged shares (%) of Promoter's holding (%)
48.03%
Reserves
₹75 Cr.
Equity
₹41.5 Cr.
Face Value
₹10
All Time Low / High
₹4.06 / 170.00

Maral Overseas stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Maral Overseas Ltd a good quality company?
Maral Overseas Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Maral Overseas Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Maral Overseas Ltd vs industry peers?
Maral Overseas Ltd revenue CAGR is 9.19%, compared to the industry median CAGR of 0.46%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Maral Overseas Ltd?
Promoters hold 74.95% of the Maral Overseas Ltd, with 48.03% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Maral Overseas Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 6.3% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 12%6.1%9.3%0.1%12.5%33.5%1.1%5%2.1%7.7%-
Value Creation
Index
-0.2-0.6-0.3-1.0-0.11.4-0.9-0.7-0.9-0.5-

Growth Parameters

Sales 6666417576766321,0821,0269601,0479811,019
Sales YoY Gr.--3.9%18.2%-10.7%-6.5%71.3%-5.2%-6.4%9.1%-6.3%-
Adj EPS 1.7-1.11.2-4.82.613.6-4.4-3.2-6.70.55.3
YoY Gr.--163%NA-500.8%NA418.3%-132.2%NANANA-
BVPS (₹) 22.722.324.220.223.539.93431.726.226.728.1
Adj Net
Profit
7.2-4.55-2010.956.6-18.2-13.2-27.61.922
Cash Flow from Ops. 43.567.630.756.538.134.115.661.275.989.6-
Debt/CF from Ops. 5.33.18.13.95.26.421.16.95.54.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.4%9.2%-1.5%-6.3%
Adj EPS -13.7%-29.4%NANA
BVPS1.8%2.6%-7.7%1.7%
Share Price 6.3% -10.9% -0.8% -15%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
7.2-4.95.2-21.712.143-11.9-9.7-231.719.2
Op. Profit
Mgn %
6.944.81.18.510.923.92.256.2
Net Profit
Mgn %
1.1-0.70.7-31.75.2-1.8-1.4-2.60.22.1
Debt to
Equity
2.52.32.52.721.32.33.23.83.4-
Working Cap
Days
12613911813514911914414813714259
Cash Conv.
Cycle
94967071715574908073-6

Valuation of Maral Overseas - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *48.0348.0348.0348.0348.0348.0348.0348.0348.0348.03
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales6666417576766321,0821,0269601,047981
Operating Expenses + 6216157216695789651,0069231,024932
Manufacturing Costs99981039890128123123143134
Material Costs392390481433367642677597638573
Employee Cost 8688939984130146147179169
Other Costs 43404439376559566556
Operating Profit 46253675411719372348
Operating Profit Margin (%) 6.8%3.9%4.8%1.1%8.5%10.8%1.9%3.8%2.2%4.9%
Other Income + 1512151882215232323
Exceptional Items 000000000-1
Interest 18191716172123343737
Depreciation 23182024242630343433
Profit Before Tax 21113-152192-18-8-261
Tax 7-050825-21-1-2
Profit After Tax 1418-151367-16-10-243
PAT Margin (%) 2.1%0.2%1.1%-2.3%2.0%6.2%-1.6%-1.0%-2.3%0.3%
Adjusted EPS (₹)3.30.22.0-3.73.016.1-3.8-2.4-5.80.8
Dividend Payout Ratio (%)0%0%0%0%0%12.40%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 94931018498166141132109111
Share Capital 42424242424242424242
Reserves 535159425612499906769
Debt +192178225200175197305388377332
Long Term Debt59355138486790155147132
Short Term Debt133144174162127131215233230199
Minority Interest0000000000
Trade Payables424358586111152366472
Others Liabilities 93907492109141135202182176
Total Liabilities 421404458433443615633758732690

Fixed Assets

Net Fixed Assets +158157188182161175203346337307
Gross Block479495249261257293347517538544
Accumulated Depreciation321338617996118144171202237
CWIP 313302341910
Investments 1000111111
Inventories15110810998100201180164136133
Trade Receivables818396759810999121139127
Cash Equivalents 23610357556
Others Assets 2539556779120102112114115
Total Assets 421404458433443615633758732690
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 44683156383416617690
PBT 21113-152192-18-8-261
Adjustment 28283130383441515250
Changes in Working Capital -040-1042-20-65-4194839
Tax Paid -5-0-3-0-1-28-3-120
Cash Flow From Investing Activity + -22-26-39-11-3-31-90-122-28-7
Capex -23-26-40-15-4-30-92-124-32-12
Net Investments 0000-2-30-0-0-1
Others 1014322236
Cash Flow From Financing Activity + -24-4111-42-43-27659-48-82
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -14-16-15-14-14-18-22-32-36-35
Dividend Paid 000000-8000
Others -9-2526-28-291610691-12-47
Net Cash Flow -2134-812-2-01
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)15.931.068.42-16.5813.8250.89-10.39-7.17-20.132.97
ROCE (%)11.956.139.310.1312.4633.521.114.972.057.65
Asset Turnover Ratio1.681.551.761.521.442.051.651.381.411.38
PAT to CFO Conversion(x)3.14683.88N/A2.920.51N/AN/AN/A30
Working Capital Days
Receivable Days35.3046.704346.2049.9034.9037.1041.8045.3049.40
Inventory Days75.1073.9052.405657.1050.7067.7065.2052.2050
Payable Days2739.8038.5048.8058.7048.80442728.7043.40

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Maral Overseas Ltd FAQs

The current trading price of Maral Overseas on 07-Aug-2026 16:59 is ₹52.40.

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 06-Aug-2026 the market cap of Maral Overseas stood at ₹217.5 Cr

The latest P/E ratio of Maral Overseas as of 06-Aug-2026 is 9.97.

The latest P/B ratio of Maral Overseas as of 06-Aug-2026 is 1.86.

The 52-week high of Maral Overseas is ₹65.80 and the 52-week low is ₹34.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maral Overseas is ₹1,019 ( Cr.) .

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

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

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

About Maral Overseas Ltd

Maral Overseas Limited (MOL) is a group Company of renowned LNJ Bhilwara group. The LNJ Bhilwara group founded by Laxmi Niwas Jhunjhunwala has a global presence.

MOL plant was set up in the year 1989 as 100% Export oriented, vertically integrated Textile manufacturing Unit (An ISO 9001 accredited Co.). This is one of the few textile Cos. to have facilities of Spinning, Knitting, Processing & Garment manufacturing at single location. MOL has the honour to have supplied articles all over to the world known Cos., e.g., Nike, Marks & Spencers, Hugo Boss, Mango, Erica, Timberland etc.

Its two ultra modern units produce 1500 tons of grey yarn, 125 tons of dyed yarn, 400 tons of knitted fabric and 500,000 pieces of garments every month even as they constantly innovate to diversify and upgrade their products.

The Company undertook an expansion-cum-diversification scheme to enhance the capacity and also to enter into the areas of knitted fabrics and knitwears by installing 2 016 spindles two for one twisting machines and sophisticated knitting machines.

It is a public company listed on the stock exchanges in India. Banking on its core strengths, modern manufacturing technology, quality systems, quality relationships, Maral  has earned the reputation of an extremely reliable supplier in the global market.

Its conviction in leadership through quality and best business practices enables Maral  to emerge as a reliable supplier of world-class products in the global market.

Product range of the company includes:

  • Cotton Yarn
  • Knitted Fabrics
  • Dyed Fabric
  • Garments

Achievements/ recognition: The company has received certifications like:

  • Fairtrade
  • IMO
  • ISO 14001
  • ISO18001
  • SA 8000
  • Control Union certification.
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