BSE:511549

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Executive Summary

Morarka Finance Limited operates as a non-banking finance company in India. More Details


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 511549's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.7%

511549

2.9%

IN Capital Markets

0.9%

IN Market


1 Year Return

109.7%

511549

3.9%

IN Capital Markets

1.9%

IN Market

Return vs Industry: 511549 exceeded the Indian Capital Markets industry which returned 2.8% over the past year.

Return vs Market: 511549 exceeded the Indian Market which returned 0.9% over the past year.


Shareholder returns

511549IndustryMarket
7 Day-4.7%2.9%0.9%
30 Day-20.2%-5.9%-3.1%
90 Day37.0%3.9%8.8%
1 Year109.7%109.7%5.5%3.9%3.8%1.9%
3 Year40.6%35.9%-32.5%-35.1%2.5%-2.4%
5 Year557.7%535.4%46.9%35.7%36.9%26.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

15.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 511549 (₹31.45) is trading below our estimate of fair value (₹37.42)

Significantly Below Fair Value: 511549 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 511549 is good value based on its PE Ratio (2.8x) compared to the IN Capital Markets industry average (17.5x).

PE vs Market: 511549 is good value based on its PE Ratio (2.8x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 511549's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511549 is overvalued based on its PB Ratio (0.9x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

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

19.1%

Forecasted Diversified Financials 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 Morarka Finance 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 Morarka Finance performed over the past 5 years?

57.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511549 has high quality earnings.

Growing Profit Margin: 511549's current net profit margins (91.4%) are higher than last year (49.7%).


Past Earnings Growth Analysis

Earnings Trend: 511549 has become profitable over the past 5 years, growing earnings by 57.8% per year.

Accelerating Growth: 511549's earnings growth over the past year (926.4%) exceeds its 5-year average (57.8% per year).

Earnings vs Industry: 511549 earnings growth over the past year (926.4%) exceeded the Capital Markets industry -7.1%.


Return on Equity

High ROE: 511549's Return on Equity (30.8%) is considered high.


Next Steps

Financial Health

How is Morarka Finance's financial position?


Financial Position Analysis

Short Term Liabilities: 511549's short term assets (₹26.6M) exceed its short term liabilities (₹362.3K).

Long Term Liabilities: 511549's short term assets (₹26.6M) exceed its long term liabilities (₹446.3K).


Debt to Equity History and Analysis

Debt Level: 511549 is debt free.

Reducing Debt: 511549 has not had any debt for past 5 years.

Debt Coverage: 511549 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 511549 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Morarka Finance current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 511549's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 511549'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 511549's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 511549's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 511549 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 511549'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?

2.4yrs

Average management tenure


CEO

Pranay Morarka

6.42yrs

Tenure

Mr. Pranay Gautam Morarka has been the Chief Executive Officer and Vice President of Morarka Finance Limited since April 2014.


Leadership Team

NamePositionTenureCompensationOwnership
Himgauri Behera
Company Secretary & Compliance Officer1.17yrs₹595.44kno data
Pranay Morarka
CEO & VP6.42yrsno data11.24%
₹ 16.7m
P. Singh
Chief Financial Officer2.42yrsno datano data

2.4yrs

Average Tenure

Experienced Management: 511549's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gautam Morarka
Chairmanno datano data4.95%
₹ 7.4m
Balkishan Maheshwari
Non Executive Independent Director24yrsno data0.00011%
₹ 163.7
Priyanka Morarka
Independent Non-Executive Director16.5yrs₹21.00kno data
Vijay Banka
Independent Non-Executive Director9yrsno data0.00011%
₹ 163.7
Sudhir Nevatia
Non Executive Independent Director30.75yrs₹19.50k0.0067%
₹ 9.9k

20.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 511549's board of directors are seasoned and experienced ( 20.3 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

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


Key Information

  • Name: Morarka Finance Limited
  • Ticker: 511549
  • Exchange: BSE
  • Founded: 1985
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹148.794m
  • Shares outstanding: 4.50m
  • Website: https://www.morarkafinance.in

Number of Employees


Location

  • Morarka Finance Limited
  • 511, Maker Chambers V
  • 221, Nariman Point
  • Mumbai
  • Maharashtra
  • 400021
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511549BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1998

Biography

Morarka Finance Limited operates as a non-banking finance company in India. It is involved in the activities related to the portfolio management, which include investment in securities, provision of corpor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 12:43
End of Day Share Price2020/09/29 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.