1. Is Morarjee Textiles Ltd a good quality company?
Data is not available for this company.
2. Is Morarjee Textiles Ltd undervalued or overvalued?
The key valuation ratios of Morarjee Textiles Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Morarjee Textiles Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Morarjee Textiles Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||14.7%||15.6%||10.3%||7.6%||6.7%||5.5%||2.3%||2.6%||-4.4%||-7.9%||-|
|Value Creation Index ⓘ||0.1||0.1||-0.3||-0.5||-0.5||-0.6||-0.8||-0.8||NA||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||7.7%||-6.8%||-7.8%||12%||-4.3%||-3.4%||9.6%||-49.3%||40.5%||-|
|Adj EPS ⓘ||7.3||8.6||5.5||4.2||2.6||-0.5||-6.5||-7.3||-16.2||-24.2||-33.7|
|YoY Gr. Rt. %||-||18.2%||-36.2%||-23.1%||-38.7%||-119.2%||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||22.6||26.9||29.8||32.1||31.2||29.6||22.9||15.7||-1.4||-25.7||-47.4|
|Adj Net Profit ⓘ||26.5||31.4||20||15.4||9.4||-1.8||-23.8||-26.5||-59||-88||-123|
|Cash Flow from Ops. ⓘ||90.2||54.6||47.8||39||60.9||52.7||70.1||175||-98.2||17.9||-|
|Debt/CF from Ops. ⓘ||2.3||3.7||4.1||9.1||8.2||9.9||7.3||2.2||-5.3||29.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-214.3%||-256.3%||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||25.9||27.3||15.6||11.2||7.4||-1.7||-25||-37.8||-226.7||179.4||92.4|
|Op. Profit Mgn % ⓘ||19||20.5||16.3||16.1||16.4||19||12.1||11||3.3||2.3||-8.5|
|Net Profit Mgn % ⓘ||7.3||8||5.5||4.6||2.5||-0.5||-6.8||-6.9||-30.4||-32.3||-48.3|
|Debt to Equity ⓘ||1.9||1.6||1.5||2.5||4.4||4.9||6.1||6.7||-104.5||-5.6||-|
|Working Cap Days ⓘ||152||150||177||225||217||222||234||207||373||238||278|
|Cash Conv. Cycle ⓘ||64||73||93||97||75||72||68||27||47||12||0|
Return on Equity has increased versus last 3 years average to 92.30%
Sales growth has been subdued in last 3 years -7.90%
Sales growth is not so good in last 4 quarters at -1.02%
|TTM EPS (₹)||-33.7||-33.7|
|TTM Sales (₹ Cr.)||254||254|
|BVPS (₹.) ⓘ||-47.4||-47.4|
|Reserves (₹ Cr.) ⓘ||-198||-198|
|From the Market|
|52 Week Low / High (₹)||16.15 / 33.80|
|All Time Low / High (₹)||7.13 / 122.36|
|Market Cap (₹ Cr.)||80.1|
|Equity (₹ Cr.)||25.4|
|Face Value (₹)||7|
|Industry PE ⓘ||11.4|
Morarjee Textiles (MTL) is a successful member of the diversified Ashok Piramal Group (APG). Carrying forward the legacy of the erstwhile Morarjee Goculdas Spinning & Weaving Co. Ltd since 1871, MTL is among the oldest textile units in the country and was the Ashok Piramal Group's first industrial enterprise when they took over in 1934.
Morarjee Textiles (MTL) is a leading player in the premium shirting fabric business and high fashion printed fabric business for global markets. It has completely integrated manufacturing plants with spinning, weaving, printing, processing and packing facilities. Its products are in the high value niche segment. MTL has two divisions - the shirting division and the printed fabric division.
MTLâ€™s competitive advantage lies in its innovative design, product development and flexible service offering. It makes premium voiles and high fashion printed fabrics for the Middle East, Far East, North African and European markets.
Its customer base is spread across 20 countries around the globe and is growing fast. Today it offers premium cotton shirting fabrics to most of the leading Indian and International brands. MTL also has a 49% stake in Just Textiles Ltd. which is currently engaged in the business of processing various textile fabrics with modern machinery installed at its factory in Ambernath, Mumbai.
To ensure growth and provide value to its stakeholders, MTL has recently entered the garments business in mid 2004 by establishing a subsidiary company - Integra Apparels & Textiles Pvt. Ltd. The business already has an impressive client list and is growing rapidly.
Product range of the company includes:
Morarjee Textiles Ltd. has left an indelible impression on the global fashion industry. Today, it is the preferred choice of premium brands such as Polo Ralph Lauren, Eddie Bauer, DKNY, GAP, Paul Smith, Zodiac, Louis Phillipe, Van Heusen, Zara among others.