NSEI:MARALOVER

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Executive Summary

Maral Overseas Limited manufactures and sells cotton yarns, knitted fabrics, and garments in India and internationally. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

11.5%

MARALOVER

0.07%

IN Luxury

-0.6%

IN Market


1 Year Return

-35.4%

MARALOVER

-9.1%

IN Luxury

0.9%

IN Market

Return vs Industry: MARALOVER underperformed the Indian Luxury industry which returned -9.1% over the past year.

Return vs Market: MARALOVER underperformed the Indian Market which returned 0.9% over the past year.


Shareholder returns

MARALOVERIndustryMarket
7 Day11.5%0.07%-0.6%
30 Day19.6%7.6%4.0%
90 Day20.1%15.6%5.7%
1 Year-35.4%-35.4%-8.5%-9.1%2.6%0.9%
3 Year-69.3%-69.3%5.8%3.6%-2.8%-7.4%
5 Year-47.8%-47.8%45.7%38.4%39.9%29.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MARALOVER (₹14.05) is trading below our estimate of fair value (₹46.43)

Significantly Below Fair Value: MARALOVER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MARALOVER is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.

PE vs Market: MARALOVER is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MARALOVER is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

43.9%

Forecasted Consumer Durables 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 Maral Overseas 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 Maral Overseas performed over the past 5 years?

-52.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MARALOVER is currently unprofitable.

Growing Profit Margin: MARALOVER is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MARALOVER is unprofitable, and losses have increased over the past 5 years at a rate of 52.8% per year.

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

Earnings vs Industry: MARALOVER is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-26.7%).


Return on Equity

High ROE: MARALOVER has a negative Return on Equity (-37.33%), as it is currently unprofitable.


Next Steps

Financial Health

How is Maral Overseas's financial position?


Financial Position Analysis

Short Term Liabilities: MARALOVER's short term assets (₹2.3B) do not cover its short term liabilities (₹2.9B).

Long Term Liabilities: MARALOVER's short term assets (₹2.3B) exceed its long term liabilities (₹632.6M).


Debt to Equity History and Analysis

Debt Level: MARALOVER's debt to equity ratio (231.3%) is considered high.

Reducing Debt: MARALOVER's debt to equity ratio has increased from 161.6% to 231.3% over the past 5 years.

Debt Coverage: MARALOVER's debt is well covered by operating cash flow (29.2%).

Interest Coverage: Insufficient data to determine if MARALOVER's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

2.9yrs

Average management tenure


CEO

Shekhar Agarwal (68 yo)

no data

Tenure

₹17,549,000

Compensation

Mr. Shekhar Agarwal, B.Tech. (ME), M.Sc. serves as Chairman of the Board of Maral Overseas Ltd since June 19, 2020. He serves as the Chairman, Chief Executive Officer and Managing Director at Bhilwara Tech ...


CEO Compensation Analysis

Compensation vs Market: Shekhar's total compensation ($USD237.35K) is above average for companies of similar size in the Indian market ($USD54.75K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Shekhar Agarwal
Chairmanno data₹17.55m5.29%
₹ 31.3m
Atul Jain
Chief Financial Officer3.17yrs₹5.40mno data
Virendra Garg
Compliance Officer & Company Secretary2.92yrs₹1.35mno data
Mohit Maheshwari
Vice President of Marketing21.5yrs₹5.12mno data
Naveen Maheshwari
Senior Vice President of Noida Unit18.5yrs₹5.08mno data
Shantanu Agarwal
Joint MD6.5yrs₹730.00k1.34%
₹ 7.9m
Satya Goyal
President of Sarovar Unit0.67yr₹1.31m0.0017%
₹ 10.0k
Ashok Akade
Vice President of Spinning11.75yrs₹3.61mno data
Sanjay Janghala
Vice President of Operations - Noida Unit1yr₹4.22mno data
Gajendra Lodha
Vice President of Commercial1.17yrs₹2.30mno data
Ramesh Jhunjhunwala
AVP of Finance & Accounts8yrsno data0.0027%
₹ 15.7k
Sunil Kara
Production Head1.75yrsno datano data

2.9yrs

Average Tenure

46.5yo

Average Age

Experienced Management: MARALOVER's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shekhar Agarwal
Chairmanno data₹17.55m5.29%
₹ 31.3m
Shantanu Agarwal
Joint MD6.5yrs₹730.00k1.34%
₹ 7.9m
Priya Dasgupta
Independent Non-Executive Director17yrs₹600.00kno data
Kamal Gupta
Independent Non-Executive Director29.25yrs₹900.00k0.0024%
₹ 14.3k
Lakshmi Jhunjhunwala
Chairman-Emeritusno datano datano data
Ravi Jhunjhunwala
Non Executive Director23.92yrs₹250.00kno data
Archana Capoor
Independent Non-Executive Director4.92yrs₹250.00kno data

11.8yrs

Average Tenure

65yo

Average Age

Experienced Board: MARALOVER's board of directors are seasoned and experienced ( 11.8 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

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


Key Information

  • Name: Maral Overseas Limited
  • Ticker: MARALOVER
  • Exchange: NSEI
  • Founded: 1989
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹591.489m
  • Shares outstanding: 41.51m
  • Website: https://www.maraloverseas.com

Number of Employees


Location

  • Maral Overseas Limited
  • Bhilwara Towers
  • A-12 Sector-1
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
521018BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1994
MARALOVERNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1994

Biography

Maral Overseas Limited manufactures and sells cotton yarns, knitted fabrics, and garments in India and internationally. It operates in three segments: Yarn, Fabric, and Textile Made-Ups. The company’s prod ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 12:41
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.