Price
Financials
Standalone, Rs crore| Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 391.57 | 395.02 | 384.79 | 214.04 | 203.46 | 187.63 | 182.30 | 163.62 | 192.29 | 184.81 | 177.93 | 178.20 |
| Expenses | 397.63 | 375.46 | 368.96 | 196.88 | 184.33 | 175.88 | 166.95 | 150.95 | 172.93 | 181.18 | 162.55 | 164.02 |
| Operating Profit | -6.06 | 19.56 | 15.83 | 17.16 | 19.13 | 11.75 | 15.35 | 12.67 | 19.36 | 3.63 | 15.38 | 14.18 |
| OPM % | -1.55% | 4.95% | 4.11% | 8.02% | 9.40% | 6.26% | 8.42% | 7.74% | 10.07% | 1.96% | 8.64% | 7.96% |
| Other Income | 0.49 | 93.32 | -47.10 | 0.22 | 0.05 | 1.89 | 0.13 | 2.30 | 230.46 | 2.10 | 2.42 | 2.40 |
| Interest | 15.15 | 15.49 | 15.41 | 11.50 | 7.85 | 7.43 | 6.58 | 6.83 | 0.37 | 0.13 | 0.05 | 0.11 |
| Depreciation | 7.59 | 8.30 | 8.56 | 4.06 | 3.72 | 3.81 | 3.86 | 4.02 | 4.05 | 4.13 | 5.07 | 4.77 |
| Profit before tax | -28.31 | 89.09 | -55.24 | 1.82 | 7.61 | 2.40 | 5.04 | 4.12 | 245.40 | 1.47 | 12.68 | 11.70 |
| Tax % | -14.16% | 24.85% | -30.34% | -21.43% | 72.01% | 81.67% | 27.38% | 16.75% | 24.82% | 332.65% | 31.78% | 30.34% |
| Net Profit | -24.30 | 66.95 | -38.48 | 2.21 | 2.13 | 0.43 | 3.66 | 3.43 | 184.48 | -3.43 | 8.65 | 8.15 |
| EPS in Rs | -7.48 | 20.60 | -11.84 | 0.68 | 0.66 | 0.13 | 1.13 | 1.06 | 56.76 | -1.05 | 2.65 | 2.49 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 613 | 716 | 920 | 1,074 | 1,088 | 1,341 | 1,536 | 766 | 723 | 733 |
| Expenses | 511 | 622 | 826 | 1,044 | 1,009 | 1,276 | 1,578 | 697 | 672 | 681 |
| Operating Profit | 102 | 94 | 94 | 31 | 79 | 64 | -42 | 69 | 51 | 53 |
| OPM % | 17% | 13% | 10% | 2.8% | 7% | 4.8% | -2.7% | 9% | 7% | 7% |
| Other Income | 18 | 2 | 5 | 2 | 1 | 2 | 183 | -48 | 235 | 237 |
| Interest | 11 | 12 | 29 | 36 | 41 | 45 | 57 | 26 | 14 | 1 |
| Depreciation | 13 | 17 | 27 | 25 | 31 | 31 | 31 | 15 | 16 | 18 |
| Profit before tax | 95 | 68 | 44 | -29 | 9 | -10 | 53 | -20 | 256 | 271 |
| Tax % | 32% | 34% | 33% | -34% | 46% | -38% | 30% | 68% | 27% | |
| Net Profit | 65 | 45 | 29 | -19 | 5 | -6 | 37 | -34 | 188 | 198 |
| EPS in Rs | 20.02 | 13.82 | 9.07 | -5.79 | 1.44 | -1.84 | 11.35 | -10.38 | 57.54 | 60.85 |
| Dividend Payout % | 22% | 33% | 33% | 0% | 70% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -8% | -19% | -1% | ||
| Compounded Profit Growth | % | 26% | 77% | 230% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | -2% | -3% | 8% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 33 |
| Reserves | 111 | 137 | 155 | 137 | 139 | 133 | 170 | 136 | 325 |
| Borrowings | 105 | 207 | 316 | 336 | 340 | 343 | 308 | 232 | 0 |
| Other Liabilities | 158 | 205 | 205 | 186 | 248 | 296 | 362 | 104 | 110 |
| Total Liabilities | 406 | 582 | 710 | 691 | 759 | 804 | 872 | 504 | 467 |
| Fixed Assets | 102 | 133 | 201 | 222 | 305 | 287 | 319 | 137 | 137 |
| CWIP | 14 | 100 | 91 | 104 | 1 | 14 | 6 | 3 | 6 |
| Investments | 1 | 1 | 0 | 14 | 14 | 14 | 14 | 111 | 7 |
| Other Assets | 290 | 349 | 417 | 351 | 439 | 489 | 533 | 253 | 317 |
| Total Assets | 406 | 582 | 710 | 691 | 759 | 804 | 872 | 504 | 467 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 39 | 77 | 9 | 86 | 41 | 67 | 59 | -60 | 76 |
| Cash from Investing Activity | -17 | -141 | -73 | -67 | -15 | -26 | 33 | -3 | 195 |
| Cash from Financing Activity | -16 | 70 | 69 | -28 | -38 | -44 | -91 | 65 | -245 |
| Net Cash Flow | 6 | 5 | 5 | -9 | -11 | -3 | 1 | 2 | 26 |
| Free Cash Flow | 12 | -65 | -67 | 31 | 26 | 40 | 92 | -62 | 174 |
| CFO/OP | 68% | 105% | 31% | 309% | 56% | 112% | -143% | -69% | 150% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 86 | 84 | 81 | 60 | 78 | 72 | 69 | 63 | 56 |
| Inventory Days | 122 | 119 | 98 | 62 | 81 | 68 | 61 | 26 | 26 |
| Days Payable | 141 | 156 | 114 | 83 | 119 | 107 | 105 | 49 | 54 |
| Cash Conversion Cycle | 67 | 46 | 65 | 39 | 40 | 33 | 25 | 41 | 28 |
| Working Capital Days | 78 | 69 | 81 | 53 | 66 | 46 | 37 | 45 | 64 |
| ROCE % | 26% | 16% | 2% | 10% | 7% | 4% | 12% | 11% |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 574
Book Value₹ 114
ROCE10.7 %
ROE8.02 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)230%
Standalone figures.
Valuation
Market capRs 1,864 Cr
Enterprise valueRs 2,091 Cr
P/E (TTM)9.42x
Price to book11.09x
Price to sales2.54x
EV / EBITDA7.21x
EV / EBIT7.69x
EV / sales2.85x
Earnings yield10.61%
P/E, 3-year average4.71x
P/B, 3-year average0.94x
P/E, 5-year average25.47x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)9.04%
Operating margin (incl. other income)2.72%
EBITDA margin39.54%
Pre-tax margin36.99%
Net profit margin26.98%
Net margin, latest quarter4.57%
ROE-18.22%
ROCE1.35%
ROA-4.90%
ROE, 3-year average-0.56%
ROCE, 3-year average9.92%
ROA, 3-year average-0.42%
ROE, 5-year average-1.90%
ROCE, 5-year average8.20%
ROA, 5-year average-0.66%
ROIC (approx.)116.15%
Tax rate-68.43%
Other income / net worth-28.80%
Growth
Sales growth (latest year)-50.09%
Profit growth (latest year)-191.41%
Sales CAGR, 3 years-11.01%
Sales CAGR, 5 years-3.59%
Sales growth QoQ0.15%
Profit growth QoQ-5.78%
Sales growth YoY (latest quarter)8.91%
Profit growth YoY (latest quarter)137.61%
Per share
EPS (TTM)Rs 60.91
EPS (latest year)Rs -10.38
EPS (latest quarter)Rs 2.51
EPS, 3-year averageRs -0.29
EPS, 5-year averageRs -1.04
Book value per shareRs 51.74
Sales per shareRs 225.73
Cash flow per shareRs -18.35
Free cash flow per shareRs 53.57
Dividend per share, 5-year averageRs 1.00
Dividends
Dividend payout, 5-year average69.59%
Efficiency
Asset turnover1.52x
Fixed asset turnover5.60x
Inventory turnover14.98x
Inventory days24 days
Debtor days63 days
Debtors turnover5.80x
Creditor days54 days
Cash conversion cycle28 days
Working capital days64 days
Leverage
Total debtRs 232 Cr
Cash and bankRs 5 Cr
Net debtRs 226 Cr
Debt to equity1.38x
Net debt / EBITDA0.78x
Interest coverage411.98x
Owners' fund to total sources33.35%
Debt to assets45.96%
Cash flow
Cash from Operating Activity (latest year)Rs -60 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 65 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 174 Cr
FCFE (approx.: FCF + change in debt)Rs 98 Cr
Cash from ops / profit, 5 years0.96x
Statement figures
Net sales (TTM)Rs 733 Cr
Net sales (latest year)Rs 766 Cr
Sales (latest quarter)Rs 178 Cr
Operating profit excl. other income (latest year)Rs 69 Cr
Operating profit (latest quarter)Rs 14 Cr
Other income (TTM)Rs 237 Cr
EBITDA (TTM)Rs 290 Cr
PBDT (TTM)Rs 289 Cr
Profit before tax (TTM)Rs 271 Cr
Tax (latest year)Rs 14 Cr
Net profit (TTM)Rs 198 Cr
Net profit (latest year)Rs -34 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 18 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 609 Cr
Total expenditure (latest year)Rs 697 Cr
Total income (latest year)Rs 718 Cr
Share capitalRs 32 Cr
ReservesRs 136 Cr
Shareholders' fundsRs 168 Cr
Total assetsRs 504 Cr
Net blockRs 137 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 111 Cr
ReceivablesRs 132 Cr
InventoryRs 41 Cr
Other liabilitiesRs 104 Cr
Shares outstanding (crore)3.25
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).
| Period | MAHINDUGIN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.2% | -2.8% | +2.5 pts |
| 1 month | -0.2% | -6.8% | +6.6 pts |
| 3 months | +16.5% | -7.6% | +24.1 pts |
| 6 months | +101.3% | +0.4% | +100.9 pts |
| 1 year | +418.2% | -9.9% | +428.2 pts |
| 2 years | +929.5% | -13.6% | +943.1 pts |
| 3 years | +1204.4% | +14.2% | +1190.3 pts |
| 5 years | +1019.9% | +27.9% | +992.0 pts |
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
Sep 2014Sales ₹178 Cr +8.9% vs Sep 2013.
Net profit ₹8 Cr +137.6%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2014-07-25 | Annual General Meeting | |
| 2013-07-12 | Annual General Meeting | |
| 2012-07-17 | Annual General Meeting | |
| 2011-07-14 | Annual General Meeting | |
| 2010-07-12 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2009-07-10 | Annual General Meeting | |
| 2008-07-09 | Agm/Dividend-30% | |
| 2007-07-11 | Agm/Div-Rs.2.50 Per Sh | |
| 2007-03-26 | Interim Dividend-20% Purpose Revised | |
| 2006-07-12 | Agm/Div-Rs.4.50/- Per Sh |
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 Ugine Steel Company Ltd(Merged)?
Mahindra Ugine Steel Company Ltd(Merged) (MAHINDUGIN) has a market capitalisation of Rs Cr. at the 2014-12-22 close.
What were Mahindra Ugine Steel Company Ltd(Merged)'s latest quarterly results?
In the Sep 2014 quarter, Mahindra Ugine Steel Company Ltd(Merged) sales was Rs 178 Cr (+8.9% vs Sep 2013) and net profit was Rs 8 Cr.