BSE:530543

Stock Analysis Report

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Executive Summary

MARG Limited, together with its subsidiaries, engages in construction and infrastructure development business in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has MARG's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530543 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.7%

530543

10.0%

IN Construction

4.3%

IN Market


1 Year Return

-61.7%

530543

-43.6%

IN Construction

-20.7%

IN Market

Return vs Industry: 530543 underperformed the Indian Construction industry which returned -43.6% over the past year.

Return vs Market: 530543 underperformed the Indian Market which returned -20.7% over the past year.


Shareholder returns

530543IndustryMarket
7 Day4.7%10.0%4.3%
30 Day-6.1%0.3%-1.7%
90 Day-6.6%-24.4%-14.4%
1 Year-61.7%-61.7%-42.3%-43.6%-19.1%-20.7%
3 Year-29.9%-29.9%-34.2%-37.1%-9.4%-14.3%
5 Year-34.9%-34.9%-19.3%-24.5%13.2%2.6%

Price Volatility Vs. Market

How volatile is MARG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MARG undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether MARG is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MARG has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 530543’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through MARG regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is MARG forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.6%

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 MARG 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.


Next Steps

Past Performance

How has MARG performed over the past 5 years?

50.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530543 is currently unprofitable.

Growing Profit Margin: 530543 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 530543 is unprofitable, but has reduced losses over the past 5 years at a rate of 50.4% per year.

Accelerating Growth: Unable to compare 530543's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 530543 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (2.7%).


Return on Equity

High ROE: 530543's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is MARG's financial position?


Financial Position Analysis

Short Term Liabilities: 530543 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 530543 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 530543 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 530543's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 530543 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 530543 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is MARG's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 530543's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 530543'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 530543's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 530543's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 530543 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 530543'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?

7.3yrs

Average management tenure


CEO

Gorrepati Reddy (59yo)

13yrs

Tenure

Mr. Gorrepati Ramakrsihna Reddy serves as Chairman of Marg Ltd., (a/k/a Marg Constructions Limited) and has been its Managing Director since April 1, 2007. He serves as its Chairman of Karaikal Port Privat ...


Leadership Team

NamePositionTenureCompensationOwnership
Gorrepati Reddy
Chairman & MD13yrsno data2.37% 8.1m
R. Srinivasan
Chief Financial Officer3.17yrs₹1.80mno data
Nawal Kishore
Company Secretary & Compliance officer1.83yrs₹2.40mno data
Bharathi Ponde
Vice President of Corporate Financeno data₹1.37mno data
P. Muralidharan
Head of Salesno datano datano data
K. Ravikumar
Senior Vice President of HR11.42yrs₹1.50mno data
Krishna Kumar
Head of Customer Satisfactionno datano datano data
S. Krishnamurthy
Chief Executive Officer of Power Projectsno data₹2.40mno data
N. Suresh
Senior Vice President of Ship Buildingno data₹1.05mno data
G. Reddy
Project Directorno data₹1.48mno data

7.3yrs

Average Tenure

59yo

Average Age

Experienced Management: 530543's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gorrepati Reddy
Chairman & MD13yrsno data2.37% 8.1m
Dinesh Rajendran
Non-Executive Independent Director2.17yrsno datano data
Sreedhar Challa
Non-Executive Independent Director2.17yrsno data0.73% 2.5m
V. Revathi
Non Executive Non Independent Director1.83yrsno datano data

2.2yrs

Average Tenure

45yo

Average Age

Experienced Board: 530543's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

MARG Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MARG Limited
  • Ticker: 530543
  • Exchange: BSE
  • Founded: 1994
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹342.516m
  • Shares outstanding: 50.82m
  • Website: https://www.marggroup.com

Location

  • MARG Limited
  • Sri Sai Subhodaya Apartments
  • No.57 /2B
  • Chennai
  • Tamil Nadu
  • 600041
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530543BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998

Biography

MARG Limited, together with its subsidiaries, engages in construction and infrastructure development business in India. The company offers integrated turnkey solutions, including design, engineering, material procurement, field, and construction and project management services for the infrastructure sector and real estate projects. It specializes in the field of marine, industrial projects, urban infrastructure, and solar and alternate energy sectors. The company also owns and operates Karaikal Port that handles bulk, break bulk, liquid bulk, and various types of containers, as well as provides integrated logistics services to the EXIM customers of the port. In addition, it develops special economic zones in the fields of engineering and multi services; develops residential and commercial real estate properties; and develops multi-level car parking projects on design, build, operate, and transfer basis. The company was formerly known as Marg Constructions Limited and changed its name to MARG Limited in December 2007. MARG Limited was founded in 1994 and is based in Chennai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 12:58
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.