Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.15 | 9.35 | 8.43 | 8.73 | 15.34 | 11.17 | 14.18 | 16.34 | 11.47 | 9.00 | 9.02 | 8.67 |
| Expenses | 11.67 | 8.39 | 7.49 | 7.79 | 16.77 | 10.30 | 13.29 | 15.67 | 11.77 | 10.13 | 9.21 | 8.26 |
| Operating Profit | 0.48 | 0.96 | 0.94 | 0.94 | -1.43 | 0.87 | 0.89 | 0.67 | -0.30 | -1.13 | -0.19 | 0.41 |
| OPM % | 3.95% | 10.27% | 11.15% | 10.77% | -9.32% | 7.79% | 6.28% | 4.10% | -2.62% | -12.56% | -2.11% | 4.73% |
| Other Income | 0.02 | 0.02 | 0.00 | 0.00 | 2.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.67 | 0.67 | 0.62 | 0.58 | 0.66 | 0.66 | 0.59 | 0.59 | 0.54 | 0.67 | 0.71 | 0.66 |
| Depreciation | -0.16 | 0.19 | 0.22 | 0.22 | 0.21 | 0.18 | 0.22 | 0.05 | 0.78 | 0.15 | 0.15 | 0.15 |
| Profit before tax | -0.01 | 0.12 | 0.10 | 0.14 | -0.23 | 0.03 | 0.08 | 0.03 | -1.62 | -1.95 | -1.05 | -0.40 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -15.43% | 0.00% | 0.00% | 0.00% |
| Net Profit | -0.01 | 0.12 | 0.09 | 0.13 | -0.23 | 0.03 | 0.08 | 0.03 | -1.37 | -1.95 | -1.05 | -0.40 |
| EPS in Rs | -0.01 | 0.08 | 0.06 | 0.09 | -0.15 | 0.02 | 0.05 | 0.02 | -0.91 | -1.30 | -0.70 | -0.27 |
| Jun 2006 15m | Mar 2007 9m | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 40.39 | 26.04 | 45.18 | 59.98 | 38.92 | 37.42 | 22.32 | 30.09 | 41.85 | 52.28 | 38.16 |
| Expenses | 35.31 | 22.72 | 40.37 | 55.44 | 36.86 | 34.85 | 19.69 | 26.48 | 40.39 | 50.97 | 39.37 |
| Operating Profit | 5.08 | 3.32 | 4.81 | 4.54 | 2.06 | 2.57 | 2.63 | 3.61 | 1.46 | 1.31 | -1.21 |
| OPM % | 12.58% | 12.75% | 10.65% | 7.57% | 5.29% | 6.87% | 11.78% | 12.00% | 3.49% | 2.51% | -3.17% |
| Other Income | 0.01 | 0.00 | 0.07 | 0.07 | 0.11 | 0.03 | 0.11 | 0.02 | 2.09 | 0.88 | 0.00 |
| Interest | 2.26 | 1.50 | 2.19 | 3.23 | 2.93 | 2.51 | 2.65 | 2.84 | 2.59 | 2.45 | 2.58 |
| Depreciation | 1.60 | 0.98 | 1.39 | 1.18 | 1.21 | 1.21 | 1.21 | 0.72 | 0.85 | 1.23 | 1.23 |
| Profit before tax | 1.23 | 0.84 | 1.30 | 0.20 | -1.97 | -1.12 | -1.12 | 0.07 | 0.11 | -1.49 | -5.02 |
| Tax % | -8.94% | -3.57% | 1.54% | 785.00% | 18.27% | -13.39% | -32.14% | -285.71% | -18.18% | -16.78% | |
| Net Profit | 1.34 | 0.87 | 1.28 | -1.37 | -2.33 | -0.97 | -0.77 | 0.27 | 0.13 | -1.24 | -4.77 |
| EPS in Rs | 0.89 | 0.58 | 0.85 | -0.91 | -1.55 | -0.65 | -0.51 | 0.18 | 0.09 | -0.83 | -3.18 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 6% | 33% | -33% | ||
| Compounded Profit Growth | % | 8% | -21% | -5200% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | -4% | -2% | -11% |
| Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 15.00 |
| Reserves | -0.37 | 2.00 | 3.28 | 0.41 | -1.92 | -2.89 | -3.66 | -3.40 | -3.27 | -4.51 |
| Borrowings | 17.96 | 20.16 | 26.67 | 34.64 | 38.63 | 37.64 | 36.72 | 31.38 | 32.11 | 35.84 |
| Other Liabilities | 7.43 | 8.11 | 11.34 | 12.85 | 12.92 | 11.30 | 14.31 | 14.61 | 17.34 | 17.80 |
| Total Liabilities | 40.02 | 45.27 | 56.29 | 62.90 | 64.63 | 61.05 | 62.37 | 57.59 | 61.18 | 64.13 |
| Fixed Assets | 7.20 | 7.63 | 8.15 | 7.79 | 6.58 | 5.39 | 4.21 | 3.56 | 5.62 | 5.02 |
| CWIP | 3.71 | 5.29 | 13.86 | 15.85 | 17.57 | 17.57 | 17.74 | 17.74 | 17.91 | 17.85 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 29.11 | 32.35 | 34.28 | 39.26 | 40.48 | 38.09 | 40.42 | 36.29 | 37.65 | 41.26 |
| Total Assets | 40.02 | 45.27 | 56.29 | 62.90 | 64.63 | 61.05 | 62.37 | 57.59 | 61.18 | 64.13 |
| Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.57 | 2.17 | 4.67 | -0.34 | -2.05 | 0.94 | 1.56 | 6.98 | -4.73 | -3.24 |
| Cash from Investing Activity | -0.27 | -1.72 | -10.41 | -2.74 | -1.62 | 0.02 | -0.15 | -0.07 | -3.05 | -0.56 |
| Cash from Financing Activity | -0.32 | 0.81 | 4.50 | 3.78 | 2.78 | -1.40 | -1.13 | -5.36 | 6.09 | 3.70 |
| Net Cash Flow | -0.02 | 1.26 | -1.24 | 0.70 | -0.89 | -0.44 | 0.28 | 1.55 | -1.69 | -0.10 |
| Free Cash Flow | 0.29 | 0.45 | -5.81 | -3.14 | -3.78 | 0.93 | 1.36 | 6.90 | -7.80 | -3.80 |
| CFO/OP | 11% | 65% | 97% | -7% | -124% | 37% | 59% | 193% | -324% | -247% |
| Jun 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 116.12 | 192.45 | 115.28 | 109.05 | 223.67 | 232.05 | 408.50 | 238.48 | 176.70 | 154.43 |
| Inventory Days | 136.64 | 223.81 | 123.39 | 120.33 | 167.87 | 136.74 | 271.37 | 186.54 | 136.17 | 124.69 |
| Days Payable | 32.36 | 42.90 | 35.20 | 31.94 | 30.80 | 7.27 | 71.19 | 26.81 | 94.02 | 54.63 |
| Cash Conversion Cycle | 220.41 | 373.37 | 203.48 | 197.44 | 360.74 | 361.52 | 608.68 | 398.21 | 218.85 | 224.49 |
| Working Capital Days | 177.57 | 308.51 | 170.30 | 153.59 | 259.21 | 265.02 | 414.88 | 231.45 | 168.07 | 153.53 |
| ROCE % | 8.50% | 7.22% | 1.89% | 2.74% | 3.03% | 6.39% | 6.22% | 2.13% |
Fundamentals
Market Cap₹ Cr.
Current Price₹
Book Value₹
ROCE2.13 %
ROE-11.2 %
Dividend Yield%
Face Value₹ 10.0
Compounded Sales Growth (TTM)-33%
Compounded Profit Growth (TTM)-5200%
Standalone figures.
Profitability
Operating margin (excl. other income)2.51%
Operating margin (incl. other income)4.19%
EBITDA margin-3.17%
Pre-tax margin-13.16%
Net profit margin-12.50%
Net margin, latest quarter-4.61%
ROE-11.16%
ROCE2.13%
ROA-1.98%
ROE, 3-year average-2.56%
ROCE, 3-year average4.91%
ROA, 3-year average-0.44%
ROE, 5-year average-4.39%
ROCE, 5-year average4.12%
ROA, 5-year average-0.82%
ROIC (approx.)-4.39%
Tax rate16.78%
Other income / net worth8.39%
Growth
Sales growth (latest year)24.92%
Profit growth (latest year)-1053.85%
Sales CAGR, 3 years32.80%
Sales CAGR, 5 years6.08%
Sales growth QoQ-3.88%
Sales growth YoY (latest quarter)-46.94%
Profit growth YoY (latest quarter)-1433.33%
Per share
EPS (TTM)Rs -3.18
EPS (latest year)Rs -0.83
EPS (latest quarter)Rs -0.27
EPS, 3-year averageRs -0.19
EPS, 5-year averageRs -0.34
Book value per shareRs 6.99
Sales per shareRs 25.44
Cash flow per shareRs -2.16
Free cash flow per shareRs -2.53
Efficiency
Asset turnover0.82x
Fixed asset turnover10.41x
Inventory turnover2.95x
Inventory days124 days
Debtor days154 days
Debtors turnover2.36x
Creditor days55 days
Cash conversion cycle224 days
Working capital days154 days
Leverage
Total debtRs 36 Cr
Cash and bankRs 0 Cr
Net debtRs 36 Cr
Debt to equity3.42x
Interest coverage-0.95x
Owners' fund to total sources16.36%
Debt to assets55.89%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Statement figures
Net sales (TTM)Rs 38 Cr
Net sales (latest year)Rs 52 Cr
Sales (latest quarter)Rs 9 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -4 Cr
Profit before tax (TTM)Rs -5 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -5 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 46 Cr
Total expenditure (latest year)Rs 51 Cr
Total income (latest year)Rs 53 Cr
Share capitalRs 15 Cr
ReservesRs -5 Cr
Shareholders' fundsRs 10 Cr
Total assetsRs 64 Cr
Net blockRs 5 Cr
Capital work in progressRs 18 Cr
ReceivablesRs 22 Cr
InventoryRs 16 Cr
Other liabilitiesRs 18 Cr
Shares outstanding (crore)1.50
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 2 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2015Sales ₹9 Cr -46.9% vs Dec 2014.
Net loss ₹0 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Morgan Industries Ltd?
Morgan Industries Ltd (523564) has a market capitalisation of Rs Cr. at the close.
What were Morgan Industries Ltd's latest quarterly results?
In the Dec 2015 quarter, Morgan Industries Ltd sales was Rs 9 Cr (-46.9% vs Dec 2014) with a net loss of Rs 0 Cr.