Maral Overseas Limited manufactures and sells cotton yarns, knitted fabrics, and garments in India and internationally. More Details
Slightly overvalued with imperfect balance sheet.
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.
7 Day Return
1 Year Return
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.
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
1 month ago | Simply Wall StDoes Maral Overseas' (NSE:MARALOVER) CEO Salary Compare Well With Industry Peers?
3 months ago | Simply Wall StIs Maral Overseas (NSE:MARALOVER) Using Debt In A Risky Way?
7 months ago | Simply Wall StIs Maral Overseas Limited's (NSE:MARALOVER) CEO Being Overpaid?
Is Maral Overseas undervalued compared to its fair value and its price relative to the market?
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).
How is Maral Overseas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of MARALOVER’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.
- Maral Overseas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Maral Overseas performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shekhar Agarwal (68 yo)
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.
|Chairman||no data||₹17.55m||5.29% |
|Chief Financial Officer||3.17yrs||₹5.40m||no data|
|Compliance Officer & Company Secretary||2.92yrs||₹1.35m||no data|
|Vice President of Marketing||21.5yrs||₹5.12m||no data|
|Senior Vice President of Noida Unit||18.5yrs||₹5.08m||no data|
|Joint MD||6.5yrs||₹730.00k||1.34% |
|President of Sarovar Unit||0.67yr||₹1.31m||0.0017% |
|Vice President of Spinning||11.75yrs||₹3.61m||no data|
|Vice President of Operations - Noida Unit||1yr||₹4.22m||no data|
|Vice President of Commercial||1.17yrs||₹2.30m||no data|
|AVP of Finance & Accounts||8yrs||no data||0.0027% |
|Production Head||1.75yrs||no data||no data|
Experienced Management: MARALOVER's management team is considered experienced (2.9 years average tenure).
|Chairman||no data||₹17.55m||5.29% |
|Joint MD||6.5yrs||₹730.00k||1.34% |
|Independent Non-Executive Director||17yrs||₹600.00k||no data|
|Independent Non-Executive Director||29.25yrs||₹900.00k||0.0024% |
|Chairman-Emeritus||no data||no data||no data|
|Non Executive Director||23.92yrs||₹250.00k||no data|
|Independent Non-Executive Director||4.92yrs||₹250.00k||no data|
Experienced Board: MARALOVER's board of directors are seasoned and experienced ( 11.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Maral Overseas Limited's company bio, employee growth, exchange listings and data sources
- 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
- Maral Overseas Limited
- Bhilwara Towers
- A-12 Sector-1
- Uttar Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|521018||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 1994|
|MARALOVER||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 1994|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 12:41|
|End of Day Share Price||2020/10/26 00:00|
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.