Price
Financials
Consolidated, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.62 | 18.23 | 19.51 | 21.71 | 23.43 | 26.23 | 26.20 | 27.23 | 30.90 | 32.20 | 36.97 | 31.51 |
| Expenses | 10.75 | 14.39 | 18.32 | 19.18 | 22.97 | 23.49 | 23.14 | 23.88 | 27.25 | 29.43 | 34.46 | 29.19 |
| Operating Profit | -1.13 | 3.84 | 1.19 | 2.53 | 0.46 | 2.74 | 3.06 | 3.35 | 3.65 | 2.77 | 2.51 | 2.32 |
| OPM % | -11.75% | 21.06% | 6.10% | 11.65% | 1.96% | 10.45% | 11.68% | 12.30% | 11.81% | 8.60% | 6.79% | 7.36% |
| Other Income | 0.33 | 0.53 | 0.90 | 0.69 | 2.16 | 0.62 | 0.32 | 0.15 | 0.31 | 0.74 | 1.58 | 2.06 |
| Interest | 0.56 | 0.65 | 0.71 | 0.85 | 0.73 | 0.78 | 0.82 | 0.76 | 0.67 | 0.86 | 0.86 | 0.63 |
| Depreciation | 1.07 | 1.07 | 0.95 | 1.02 | 0.88 | 1.02 | 0.84 | 0.88 | 0.76 | 0.96 | 0.95 | 1.08 |
| Profit before tax | -2.43 | 2.65 | 0.43 | 1.35 | 1.01 | 1.56 | 1.72 | 1.86 | 2.53 | 1.69 | 2.28 | 2.67 |
| Tax % | -2.06% | 7.55% | 23.26% | 8.89% | 14.85% | 10.26% | 14.53% | 6.45% | 11.46% | 6.51% | 9.65% | 14.61% |
| Net Profit | -2.38 | 2.46 | 0.33 | 1.23 | 0.86 | 1.39 | 1.48 | 1.74 | 2.25 | 1.58 | 2.06 | 2.28 |
| EPS in Rs | -1.52 | 1.58 | 0.25 | 0.62 | 0.50 | 0.82 | 0.87 | 1.02 | 1.27 | 0.89 | 1.16 | 1.29 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.52 | 25.77 | 29.12 | 27.51 | 40.80 | 49.26 | 53.03 | 62.68 | 67.71 |
| Expenses | 23.50 | 19.11 | 24.78 | 24.67 | 37.07 | 46.04 | 46.89 | 56.26 | 62.85 |
| Operating Profit | 8.02 | 6.66 | 4.34 | 2.84 | 3.73 | 3.22 | 6.14 | 6.42 | 4.86 |
| OPM % | 25.44% | 25.84% | 14.90% | 10.32% | 9.14% | 6.54% | 11.58% | 10.24% | 7.18% |
| Other Income | 0.18 | 0.73 | 0.89 | 0.82 | 1.59 | 2.76 | 0.74 | 1.05 | 3.60 |
| Interest | 2.16 | 0.51 | 1.33 | 1.30 | 1.56 | 1.51 | 1.58 | 1.53 | 1.48 |
| Depreciation | 1.82 | 1.97 | 2.29 | 2.14 | 1.97 | 1.90 | 1.71 | 1.72 | 2.03 |
| Profit before tax | 4.22 | 4.91 | 1.61 | 0.22 | 1.79 | 2.57 | 3.59 | 4.22 | 4.95 |
| Tax % | 26.30% | 28.92% | 55.90% | 68.18% | 12.29% | 12.06% | 10.31% | 9.48% | 12.12% |
| Net Profit | 3.11 | 3.50 | 0.72 | 0.07 | 1.57 | 2.26 | 3.22 | 3.82 | 4.34 |
| EPS in Rs | 1.83 | 2.05 | 0.16 | 0.02 | 0.79 | 1.19 | 1.89 | 2.15 | 2.45 |
| Dividend Payout % | 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 | % | 20% | 11% | 8% | ||
| Compounded Profit Growth | % | 150% | 30% | 14% | ||
| Stock Price CAGR | % | 24% | 12% | -30% | ||
| Return on Equity | % | 6% | 7% | 7% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.04 | 17.04 | 17.04 | 17.04 | 17.04 | 17.04 | 17.04 | 17.74 | 17.74 |
| Reserves | 22.57 | 25.47 | 26.69 | 26.79 | 28.28 | 30.56 | 33.73 | 44.87 | 48.58 |
| Borrowings | 2.32 | 5.02 | 11.22 | 11.13 | 11.11 | 13.83 | 14.24 | 15.71 | 21.36 |
| Other Liabilities | 7.81 | 11.13 | 11.14 | 8.71 | 10.06 | 9.99 | 11.35 | 11.81 | 13.04 |
| Total Liabilities | 49.74 | 58.66 | 66.09 | 63.67 | 66.49 | 71.42 | 76.36 | 90.13 | 100.72 |
| Fixed Assets | 12.59 | 15.49 | 17.57 | 15.95 | 15.85 | 15.65 | 14.54 | 16.80 | 18.83 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 37.15 | 43.17 | 48.52 | 47.72 | 50.64 | 55.77 | 61.82 | 73.33 | 81.89 |
| Total Assets | 49.74 | 58.66 | 66.09 | 63.67 | 66.49 | 71.42 | 76.36 | 90.13 | 100.72 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -7.04 | 2.57 | 3.17 | 1.86 | -0.68 | -0.47 | -4.56 | -0.66 | |
| Cash from Investing Activity | -4.69 | -4.52 | -1.01 | -2.73 | -1.33 | 0.12 | -4.17 | -5.46 | |
| Cash from Financing Activity | 0.38 | 1.11 | -1.04 | -0.17 | 2.14 | 0.41 | 9.48 | 5.66 | |
| Net Cash Flow | -11.34 | -0.83 | 1.12 | -1.04 | 0.13 | 0.06 | 0.75 | -0.46 | |
| Free Cash Flow | -11.83 | -1.81 | 2.65 | -0.02 | -2.38 | -1.07 | -8.45 | -4.76 | |
| CFO/OP | -85% | 80% | 117% | 56% | -11% | -2% | -65% | -1% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73.07 | 67.28 | 77.71 | 71.25 | 50.19 | 59.57 | 69.93 | 76.34 | 91.75 |
| Inventory Days | 635.99 | 2,672.53 | 1,113.66 | 1,170.18 | 906.44 | 779.90 | 841.54 | 790.19 | 842.28 |
| Days Payable | 141.98 | 421.28 | 191.04 | 202.81 | 156.16 | 150.84 | 146.33 | 138.37 | 176.23 |
| Cash Conversion Cycle | 567.08 | 2,318.53 | 1,000.33 | 1,038.61 | 800.47 | 688.64 | 765.14 | 728.16 | 757.80 |
| Working Capital Days | 240.75 | 395.59 | 343.94 | 374.95 | 253.35 | 223.77 | 238.56 | 252.79 | 269.86 |
| ROCE % | 11.93% | 5.67% | 2.78% | 5.95% | 6.92% | 8.16% | 8.15% | 7.92% |
| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 72.91% | 72.91% | 72.91% | 72.91% | 72.91% | 72.91% | 72.91% | 72.91% | 70.03% | 70.03% | 67.41% | 67.41% |
| Public | 27.10% | 27.09% | 27.10% | 27.09% | 27.09% | 27.09% | 27.09% | 27.09% | 29.97% | 29.97% | 32.59% | 32.59% |
| No. of Shareholders | 392 | 358 | 345 | 344 | 347 | 345 | 400 | 402 | 425 | 445 | 456 | 442 |
Fundamentals
Market Cap₹ 115 Cr.
Current Price₹ 64.9
Stock P/E25.8
Book Value₹ 37.4
ROCE7.92 %
ROE6.92 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)14%
Consolidated figures.
Valuation
Market capRs 115 Cr
Enterprise valueRs 130 Cr
P/E (TTM)30.14x
Price to book1.84x
Price to sales1.84x
EV / EBITDA17.35x
EV / EBIT22.54x
EV / sales2.07x
Earnings yield3.32%
P/E, 3-year average41.38x
P/B, 3-year average2.36x
P/E, 5-year average220.03x
P/B, 5-year average1.81x
Profitability
Operating margin (excl. other income)10.24%
Operating margin (incl. other income)11.92%
EBITDA margin11.92%
Pre-tax margin6.73%
Net profit margin6.09%
ROE6.74%
ROCE8.02%
ROA4.59%
ROE, 3-year average5.88%
ROCE, 3-year average7.71%
ROA, 3-year average3.96%
ROE, 5-year average4.15%
ROCE, 5-year average6.38%
ROA, 5-year average2.80%
ROIC (approx.)6.75%
Tax rate9.48%
Other income / net worth1.68%
Growth
Sales growth (latest year)18.20%
Profit growth (latest year)18.63%
Sales CAGR, 3 years15.39%
Sales CAGR, 5 years16.57%
Profit CAGR, 3 years41.79%
Profit CAGR, 5 years69.88%
Per share
EPS (TTM)Rs 2.15
EPS (latest year)Rs 2.15
EPS, 3-year averageRs 1.74
EPS, 5-year averageRs 1.21
Book value per shareRs 35.29
Sales per shareRs 35.33
Cash flow per shareRs -2.57
Free cash flow per shareRs -2.68
Efficiency
Asset turnover0.70x
Fixed asset turnover3.73x
Inventory turnover0.74x
Inventory days494 days
Debtor days76 days
Debtors turnover4.78x
Creditor days176 days
Cash conversion cycle758 days
Working capital days270 days
Leverage
Total debtRs 16 Cr
Cash and bankRs 1 Cr
Net debtRs 14 Cr
Debt to equity0.25x
Net debt / EBITDA1.94x
Interest coverage3.76x
Owners' fund to total sources69.47%
Debt to assets17.43%
Cash flow
Cash from Operating Activity (latest year)Rs -5 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years-0.30x
Statement figures
Net sales (TTM)Rs 63 Cr
Net sales (latest year)Rs 63 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 38 Cr
Total expenditure (latest year)Rs 56 Cr
Total income (latest year)Rs 64 Cr
Share capitalRs 18 Cr
ReservesRs 45 Cr
Shareholders' fundsRs 63 Cr
Total assetsRs 90 Cr
Net blockRs 17 Cr
ReceivablesRs 13 Cr
InventoryRs 51 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)1.77
Ownership
Promoter holding67.41% (-5.50 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 30.1 is at the 38th percentile of its own 6.2-year range
(median 50.1, low 8.0, high 210.2).
P/B 1.84 is at the 63th percentile (median 1.57).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MDL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +8.2% | -2.8% | +10.9 pts |
| 1 month | +6.4% | -6.8% | +13.2 pts |
| 3 months | +30.1% | -7.6% | +37.7 pts |
| 6 months | +28.5% | +0.4% | +28.1 pts |
| 1 year | -32.6% | -9.9% | -22.7 pts |
| 2 years | -27.9% | -13.6% | -14.3 pts |
| 3 years | +42.0% | +14.2% | +27.8 pts |
| 5 years | +195.0% | +27.9% | +167.1 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -63% of net profit over the last 3 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
Mar 2026Sales ₹32 Cr +15.7% vs Mar 2024.
Net profit ₹2 Cr +31.0%.
Against our estimate for Mar 2026: sales -17.7%, profit -0.5% in line.
Activity
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|---|---|---|---|
| Sheela Foam Ltd | 6,896 | 33.9 | 6.11 % |
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| Safe Enterprises Retail Fixtures Ltd | 1,115 | 17.3 | 47.0 % |
| Parin Enterprises Ltd | 801 | 124 | 10.7 % |
| Stanley Lifestyles Ltd | 783 | 113 | 6.43 % |
| Hardwyn India Ltd | 631 | 52.9 | 4.70 % |
| Interiors & More Ltd | 210 | 18.2 | 16.0 % |
| Transteel Seating Technologies Ltd | 200 | 8.99 | 21.1 % |
| Durlax Top Surface Ltd | 197 | 13.8 | 17.2 % |
| Sham Foam Ltd | 108 | 12.5 | 45.6 % |
| Naman Industries Proxima Limited | 63 | -0.39 % | |
| Omfurn India Ltd | 60 | 9.43 | 14.2 % |
| Ahlada Engineers Ltd | 48 | 2.69 % |
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.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Marvel Decor Ltd?
Marvel Decor Ltd (MDL) has a market capitalisation of Rs 115 Cr. at the 2026-09-30 close.
What is the P/E ratio of Marvel Decor Ltd?
Marvel Decor Ltd trades at a P/E of 25.8 on trailing twelve-month profit, at the 2026-09-30 close.
What were Marvel Decor Ltd's latest quarterly results?
In the Mar 2026 quarter, Marvel Decor Ltd sales was Rs 32 Cr (+15.7% vs Mar 2024) and net profit was Rs 2 Cr.
What is the 52-week high and low of Marvel Decor Ltd?
The 52-week high is Rs 102.90 and the 52-week low is Rs 43.00.