Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | |
|---|---|---|---|---|---|---|---|
| Sales | 11.76 | 13.21 | 17.64 | 15.50 | 20.06 | 19.13 | 18.51 |
| Expenses | 11.38 | 13.90 | 16.99 | 15.08 | 18.60 | 17.99 | 18.06 |
| Operating Profit | 0.38 | -0.69 | 0.65 | 0.42 | 1.46 | 1.14 | 0.45 |
| OPM % | 3.23% | -5.22% | 3.68% | 2.71% | 7.28% | 5.96% | 2.43% |
| Other Income | 0.00 | 1.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.24 | 0.25 | 0.24 | 0.27 | 0.26 | 0.35 | 0.33 |
| Depreciation | 0.45 | 0.45 | 0.51 | 0.51 | 0.54 | 0.45 | 0.45 |
| Profit before tax | -0.31 | 0.53 | -0.10 | -0.36 | 0.66 | 0.34 | -0.33 |
| Tax % | 9.68% | 7.55% | -100.00% | -2.78% | 0.00% | 17.65% | -36.36% |
| Net Profit | -0.34 | 0.49 | 0.00 | -0.35 | 0.66 | 0.28 | -0.21 |
| EPS in Rs | -0.77 | 1.11 | 0.00 | -0.80 | 1.50 | 0.64 | -0.48 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.21 | 26.09 | 32.26 | 42.71 | 46.00 | 52.35 | 56.24 | 50.34 | 66.04 | 73.20 |
| Expenses | 18.46 | 24.73 | 29.38 | 37.76 | 40.32 | 47.28 | 52.30 | 48.51 | 64.64 | 69.73 |
| Operating Profit | 1.75 | 1.36 | 2.88 | 4.95 | 5.68 | 5.07 | 3.94 | 1.83 | 1.40 | 3.47 |
| OPM % | 8.66% | 5.21% | 8.93% | 11.59% | 12.35% | 9.68% | 7.01% | 3.64% | 2.12% | 4.74% |
| Other Income | 0.45 | 0.13 | 0.05 | 1.02 | 0.27 | 0.61 | -1.66 | 0.07 | 2.37 | 0.00 |
| Interest | 0.15 | 0.39 | 0.64 | 0.57 | 0.72 | 0.86 | 0.98 | 1.12 | 1.03 | 1.21 |
| Depreciation | 0.63 | 0.71 | 0.74 | 0.86 | 1.37 | 1.07 | 1.45 | 1.73 | 2.03 | 1.95 |
| Profit before tax | 1.42 | 0.39 | 1.55 | 4.54 | 3.86 | 3.75 | -0.15 | -0.95 | 0.71 | 0.31 |
| Tax % | 38.03% | 43.59% | 29.03% | 36.56% | 33.42% | 35.20% | 500.00% | 3.16% | -9.86% | |
| Net Profit | 0.88 | 0.22 | 1.10 | 2.88 | 2.57 | 2.43 | -0.91 | -0.98 | 0.78 | 0.38 |
| EPS in Rs | 5.52 | -2.07 | -2.23 | 1.77 | 0.86 | |||||
| Dividend Payout % | 49.89% | 0.00% | 39.91% | 30.49% | 34.16% | 36.21% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 9% | 8% | 31% | ||
| Compounded Profit Growth | % | % | % | 74% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 6% | -2% | -2% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.40 | 4.41 | 4.41 | 4.42 |
| Reserves | 6.26 | 6.48 | 7.07 | 8.92 | 10.60 | 12.07 | 11.20 | 10.22 | 11.01 |
| Borrowings | 4.14 | 5.36 | 5.15 | 5.05 | 5.57 | 5.91 | 8.80 | 7.61 | 8.18 |
| Other Liabilities | 5.19 | 6.14 | 7.58 | 8.30 | 7.80 | 9.39 | 10.74 | 11.96 | 18.23 |
| Total Liabilities | 19.98 | 22.37 | 24.19 | 26.66 | 28.36 | 31.77 | 35.15 | 34.20 | 41.84 |
| Fixed Assets | 7.01 | 7.61 | 7.40 | 7.61 | 7.75 | 9.20 | 10.39 | 9.49 | 8.97 |
| CWIP | 0.67 | 0.07 | 0.05 | 0.37 | 0.47 | 0.18 | 0.01 | 0.79 | 0.92 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 12.30 | 14.69 | 16.74 | 18.68 | 20.14 | 22.39 | 24.75 | 23.92 | 31.95 |
| Total Assets | 19.98 | 22.37 | 24.19 | 26.66 | 28.36 | 31.77 | 35.15 | 34.20 | 41.84 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.36 | 0.83 | 1.14 | 2.76 | 2.79 | 3.74 | 1.38 | 3.51 | 3.13 |
| Cash from Investing Activity | -0.60 | -0.86 | -0.57 | -1.40 | -1.82 | -1.79 | -2.73 | -1.19 | -1.68 |
| Cash from Financing Activity | 1.22 | 0.37 | -0.86 | -1.21 | -1.22 | -1.68 | 0.96 | -2.24 | -1.35 |
| Net Cash Flow | 0.26 | 0.34 | -0.29 | 0.15 | -0.25 | 0.27 | -0.39 | 0.08 | 0.10 |
| Free Cash Flow | -0.93 | 0.11 | 0.59 | 1.33 | 1.16 | 1.44 | -1.35 | 2.32 | 1.50 |
| CFO/OP | -1% | 92% | 56% | 90% | 72% | 107% | 58% | 214% | 224% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 158.39 | 131.09 | 129.21 | 103.92 | 104.90 | 104.51 | 117.02 | 106.80 | 120.21 |
| Inventory Days | 47.93 | 47.88 | 42.45 | 44.00 | 50.02 | 41.78 | 37.11 | 62.65 | 43.63 |
| Days Payable | 109.30 | 110.37 | 94.17 | 73.46 | 61.65 | 66.79 | 61.46 | 82.08 | 107.67 |
| Cash Conversion Cycle | 97.02 | 68.59 | 77.48 | 74.46 | 93.26 | 79.51 | 92.66 | 87.37 | 56.17 |
| Working Capital Days | 122.81 | 109.12 | 96.96 | 84.43 | 92.44 | 88.13 | 88.13 | 85.05 | 72.68 |
| ROCE % | 5.09% | 13.64% | 29.28% | 23.48% | 21.47% | 12.70% | 0.69% | 3.05% |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 181
Book Value₹ 34.1
ROCE3.05 %
ROE-1.73 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)74%
Standalone figures.
Valuation
P/E, 3-year average9.34x
P/B, 3-year average1.23x
P/E, 5-year average8.07x
P/B, 5-year average1.28x
Profitability
Operating margin (excl. other income)3.64%
Operating margin (incl. other income)3.77%
EBITDA margin4.61%
Pre-tax margin-0.41%
Net profit margin-1.69%
Net margin, latest quarter-2.26%
ROE-6.48%
ROCE0.73%
ROA-2.83%
ROE, 3-year average1.10%
ROCE, 3-year average8.58%
ROA, 3-year average0.85%
ROE, 5-year average8.94%
ROCE, 5-year average15.70%
ROA, 5-year average4.64%
ROIC (approx.)3.59%
Tax rate-3.16%
Other income / net worth0.48%
Growth
Sales growth (latest year)-10.49%
Sales CAGR, 3 years3.05%
Sales CAGR, 5 years9.31%
Sales growth QoQ-12.13%
Per share
EPS (TTM)Rs -2.22
EPS (latest year)Rs -2.22
EPS (latest quarter)Rs -0.79
EPS, 3-year averageRs 0.41
EPS, 5-year averageRs 2.73
Book value per shareRs 33.15
Sales per shareRs 131.65
Cash flow per shareRs 7.95
Free cash flow per shareRs 3.40
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout, 3-year average36.21%
Dividend payout, 5-year average33.67%
Efficiency
Asset turnover1.47x
Fixed asset turnover5.30x
Inventory turnover6.61x
Inventory days55 days
Debtor days107 days
Debtors turnover3.42x
Creditor days108 days
Cash conversion cycle56 days
Working capital days73 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 0 Cr
Net debtRs 7 Cr
Debt to equity0.52x
Net debt / EBITDA2.70x
Interest coverage0.76x
Owners' fund to total sources42.78%
Debt to assets22.25%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years3.74x
Sales to cash flow14.34x
Statement figures
Net sales (TTM)Rs 58 Cr
Net sales (latest year)Rs 50 Cr
Sales (latest quarter)Rs 16 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs -0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 38 Cr
Total expenditure (latest year)Rs 49 Cr
Total income (latest year)Rs 50 Cr
Share capitalRs 4 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 34 Cr
Net blockRs 9 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 15 Cr
InventoryRs 6 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)0.44
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 4 of 8| look | Inventory outrunning sales Inventory grew 49% vs sales -10% in 2014 |
| look | Repeated losses Net loss in each of the last two years |
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
Sep 2014Sales ₹19 Cr +4.9% vs Sep 2013.
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 Mahindra Composites Ltd(Merged)?
Mahindra Composites Ltd(Merged) (524138) has a market capitalisation of Rs Cr. at the close.
What were Mahindra Composites Ltd(Merged)'s latest quarterly results?
In the Sep 2014 quarter, Mahindra Composites Ltd(Merged) sales was Rs 19 Cr (+4.9% vs Sep 2013) with a net loss of Rs 0 Cr.