Financials Morganite Crucible (India) Limited

Equities

MORGANITE

INE599F01020

Construction Materials

Market Closed - Bombay S.E. 06:20:07 2024-04-26 am EDT 5-day change 1st Jan Change
1,424 INR +0.47% Intraday chart for Morganite Crucible (India) Limited +3.16% -10.50%

Valuation

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Capitalization 1 3,496 4,004 3,997 4,483 5,743 4,865
Enterprise Value (EV) 1 3,094 3,558 3,716 4,116 5,385 4,414
P/E ratio 25.2 x 26.1 x 30.5 x -479 x 13.2 x 30.2 x
Yield 1.28% 1.12% 1.12% - 1.17% 2.3%
Capitalization / Revenue 3.26 x 3.23 x 3.03 x 4.12 x 3.72 x 3.11 x
EV / Revenue 2.88 x 2.87 x 2.82 x 3.78 x 3.49 x 2.82 x
EV / EBITDA 13.8 x 14.7 x 14.2 x 29.3 x 16.6 x 16.4 x
EV / FCF -52.4 x 37.5 x -28.6 x 25.5 x -76.9 x 24.5 x
FCF Yield -1.91% 2.67% -3.5% 3.91% -1.3% 4.08%
Price to Book 3.85 x 4.04 x 3.71 x 4.38 x 4.69 x 3.83 x
Nbr of stocks (in thousands) 5,600 5,600 5,600 5,600 5,600 5,600
Reference price 2 624.4 715.0 713.8 800.6 1,026 868.8
Announcement Date 5/24/18 7/13/19 7/8/20 7/6/21 8/30/22 7/28/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 1,074 1,241 1,317 1,088 1,545 1,564
EBITDA 1 225 241.8 262.2 140.3 324.1 269.6
EBIT 1 183.5 198.9 209.9 84.26 250.8 192.9
Operating Margin 17.09% 16.03% 15.93% 7.74% 16.23% 12.34%
Earnings before Tax (EBT) 1 214.2 218.6 184.1 58.36 544.8 223.2
Net income 1 138.8 153.7 131.2 -9.346 433.9 161.2
Net margin 12.93% 12.38% 9.96% -0.86% 28.08% 10.31%
EPS 2 24.79 27.44 23.42 -1.670 77.49 28.78
Free Cash Flow 1 -59 94.84 -129.9 161.1 -69.99 180.3
FCF margin -5.49% 7.64% -9.86% 14.81% -4.53% 11.53%
FCF Conversion (EBITDA) - 39.23% - 114.86% - 66.87%
FCF Conversion (Net income) - 61.72% - - - 111.84%
Dividend per Share 2 8.000 8.000 8.000 - 12.00 20.00
Announcement Date 5/24/18 7/13/19 7/8/20 7/6/21 8/30/22 7/28/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 403 446 282 367 358 451
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -59 94.8 -130 161 -70 180
ROE (net income / shareholders' equity) 16.3% 16.2% 12.7% -0.89% 38.6% 12.9%
ROA (Net income/ Total Assets) 9.88% 10.3% 9.84% 3.78% 10.7% 7.63%
Assets 1 1,405 1,492 1,333 -247.2 4,070 2,112
Book Value Per Share 2 162.0 177.0 193.0 183.0 219.0 227.0
Cash Flow per Share 2 64.30 37.30 50.40 63.60 64.00 80.60
Capex 1 50 106 241 69 101 108
Capex / Sales 4.66% 8.52% 18.31% 6.34% 6.54% 6.88%
Announcement Date 5/24/18 7/13/19 7/8/20 7/6/21 8/30/22 7/28/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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