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Morganite Crucible (India)BSE:523160 Stock Report

Market Cap

₹5.7b

7D

3.2%

1Y

15.2%

Updated

17 Oct, 2021

Data

Company Financials
523160 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

523160 Overview

Morganite Crucible (India) Limited manufactures and sells crucibles in India, Asia and Far East, Africa, the Middle East, North America, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Morganite Crucible (India)
Historical stock prices
Current Share Price₹1,026.45
52 Week High₹730.00
52 Week Low₹1,213.00
Beta0.40
1 Month Change-4.59%
3 Month Change23.52%
1 Year Change15.23%
3 Year Change15.14%
5 Year Change194.01%
Change since IPO7,531.60%

Recent News & Updates

Shareholder Returns

523160IN MachineryIN Market
7D3.2%3.6%2.3%
1Y15.2%92.7%68.3%

Return vs Industry: 523160 underperformed the Indian Machinery industry which returned 92.7% over the past year.

Return vs Market: 523160 underperformed the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 523160's price volatile compared to industry and market?
523160 volatility
523160 Beta0.40
Industry Beta0.78
Market Beta1

Stable Share Price: 523160 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 523160's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986145Vikas Kadlaghttps://www.morganmms.com/en-gb/investors

Morganite Crucible (India) Limited manufactures and sells crucibles in India, Asia and Far East, Africa, the Middle East, North America, and internationally. It offers silicon carbide crucibles, clay graphite crucibles, foundry, and allied products for ferrous and non-ferrous metal industries. The company was formerly known as Greaves Morganite Crucible Limited and changed its name to Morganite Crucible (India) Limited in August 2006.

Morganite Crucible (India) Fundamentals Summary

How do Morganite Crucible (India)'s earnings and revenue compare to its market cap?
523160 fundamental statistics
Market Cap₹5.75b
Earnings (TTM)₹64.68m
Revenue (TTM)₹1.27b

88.9x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
523160 income statement (TTM)
Revenue₹1.27b
Cost of Revenue₹521.29m
Gross Profit₹749.98m
Expenses₹685.30m
Earnings₹64.68m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 12, 2021

Earnings per share (EPS)11.55
Gross Margin58.99%
Net Profit Margin5.09%
Debt/Equity Ratio0.0%

How did 523160 perform over the long term?

See historical performance and comparison

Valuation

Is Morganite Crucible (India) undervalued compared to its fair value and its price relative to the market?

88.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 523160 (₹1026.45) is trading above our estimate of fair value (₹221.08)

Significantly Below Fair Value: 523160 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 523160 is poor value based on its PE Ratio (88.9x) compared to the Indian Machinery industry average (23.5x).

PE vs Market: 523160 is poor value based on its PE Ratio (88.9x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523160's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523160 is overvalued based on its PB Ratio (5.6x) compared to the IN Machinery industry average (1.9x).


Future Growth

How is Morganite Crucible (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Morganite Crucible (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Morganite Crucible (India) performed over the past 5 years?

-35.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523160 has high quality earnings.

Growing Profit Margin: 523160's current net profit margins (5.1%) are lower than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: 523160's earnings have declined by 35.7% per year over the past 5 years.

Accelerating Growth: 523160's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 523160 had negative earnings growth (-21.2%) over the past year, making it difficult to compare to the Machinery industry average (74.7%).


Return on Equity

High ROE: 523160's Return on Equity (6.3%) is considered low.


Financial Health

How is Morganite Crucible (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 523160's short term assets (₹834.0M) exceed its short term liabilities (₹367.4M).

Long Term Liabilities: 523160 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 523160 is debt free.

Reducing Debt: 523160 had no debt 5 years ago.

Debt Coverage: 523160 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 523160 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Morganite Crucible (India) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 523160's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 523160's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523160's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523160's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 523160 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523160's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average board tenure


CEO

Vikas Kadlag (48 yo)

2.75yrs

Tenure

₹5,759,000

Compensation

Mr. Vikas Kadlag has been Managing Director and Director of Morganite Crucible (India) Limited since january 01, 2019. He have 20 years of rich experience in setting up Greenfield projects, strategic manag...


CEO Compensation Analysis

Compensation vs Market: Vikas's total compensation ($USD76.78K) is above average for companies of similar size in the Indian market ($USD38.83K).

Compensation vs Earnings: Vikas's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 523160's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Morganite Crucible (India) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Morganite Crucible (India) Limited
  • Ticker: 523160
  • Exchange: BSE
  • Founded: 1986
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: ₹5.748b
  • Shares outstanding: 5.60m
  • Website: https://www.morganmms.com/en-gb/investors

Number of Employees


Location

  • Morganite Crucible (India) Limited
  • B-11, MIDC Industrial Area
  • Waluj
  • Aurangabad
  • Maharashtra
  • 431136
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 12:03
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.