BSE:526237

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Executive Summary

Morgan Ventures Limited operates as a non-banking financial company in India.


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 526237's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

16.5%

526237

-5.2%

IN Renewable Energy

-1.1%

IN Market


1 Year Return

0.9%

526237

-8.0%

IN Renewable Energy

-7.5%

IN Market

Return vs Industry: 526237 exceeded the Indian Renewable Energy industry which returned -8% over the past year.

Return vs Market: 526237 exceeded the Indian Market which returned -7.5% over the past year.


Shareholder returns

526237IndustryMarket
7 Day16.5%-5.2%-1.1%
30 Day86.2%-2.0%6.9%
90 Day60.2%11.2%16.9%
1 Year0.9%0.9%-5.0%-8.0%-5.7%-7.5%
3 Year7.9%7.9%-32.9%-39.1%-1.1%-5.7%
5 Year6.8%6.8%-17.3%-28.4%24.2%14.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Morgan Ventures 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: 526237 (₹10.09) is trading below our estimate of fair value (₹500.39)

Significantly Below Fair Value: 526237 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 526237 is unprofitable, so we can't compare its PE Ratio to the IN Renewable Energy industry average.

PE vs Market: 526237 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 526237's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526237 is good value based on its PB Ratio (0.3x) compared to the IN Renewable Energy industry average (0.4x).


Next Steps

Future Growth

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

19.5%

Forecasted Utilities 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 Morgan Ventures 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 Morgan Ventures performed over the past 5 years?

89.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526237 is currently unprofitable.

Growing Profit Margin: 526237 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526237 is unprofitable, but has reduced losses over the past 5 years at a rate of 89.4% per year.

Accelerating Growth: Unable to compare 526237's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526237 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (4%).


Return on Equity

High ROE: 526237 has a negative Return on Equity (-0.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is Morgan Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: 526237's short term assets (₹196.3M) exceed its short term liabilities (₹247.0K).

Long Term Liabilities: 526237's short term assets (₹196.3M) do not cover its long term liabilities (₹382.3M).


Debt to Equity History and Analysis

Debt Level: 526237's debt to equity ratio (102%) is considered high.

Reducing Debt: Insufficient data to determine if 526237's debt to equity ratio has reduced over the past 5 years.


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: Whilst unprofitable 526237 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 526237 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.5% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526237's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526237'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 526237's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526237'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 526237'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?

0.9yrs

Average management tenure


CEO

Shahzeb Khan (55yo)

0.92

Tenure

₹1,431,688

Compensation

Mr. Shahzeb Khan serves as Managing Director and Director of Morgan Ventures Limited since August 14, 2019. Mr. Khan served as a Company Secretary of Morgan Ventures Limited until October 10, 2017. Mr. Kha ...


CEO Compensation Analysis

Compensation vs Market: Shahzeb's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.78K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dharam Kumar
Chief Financial Officer3.42yrs₹185.33kno data
Shahzeb Khan
MD & Director0.92yr₹1.43m0.000020% 19.6
Anand Mishra
Company Secretary & Compliance Officer0.42yrno datano data

0.9yrs

Average Tenure

Experienced Management: 526237's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Shahzeb Khan
MD & Director0.92yr₹1.43m0.000020% 19.6
Mahendra Doogar
Independent Non-Executive Director33.75yrs₹30.00kno data
Krishna Gupta
Independent Non-Executive Director6yrs₹30.00k0.0010% 989.8
- Kamlesh
Non-Executive Director4.17yrsno datano data

5.1yrs

Average Tenure

60yo

Average Age

Experienced Board: 526237's board of directors are considered experienced (5.1 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

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


Key Information

  • Name: Morgan Ventures Limited
  • Ticker: 526237
  • Exchange: BSE
  • Founded: 1986
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: ₹97.997m
  • Shares outstanding: 9.90m
  • Website: https://www.morganventures.in

Location

  • Morgan Ventures Limited
  • 37, Ring Road
  • Lajpat Nagar-IV
  • New Delhi
  • Delhi
  • 110024
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526237BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Morgan Ventures Limited operates as a non-banking financial company in India. It manages public issues; and provides corporate advisory, corporate restructuring, takeover, and mergers and acquisition services. The company also generates power from windmills with an installed capacity of 6.975 megawatts in Tamil Nadu. It supplies power to Tamil Nadu Electricity Board. The company was formerly known as Doogar Associates Limited and changed its name to Morgan Ventures Limited in 2004. Morgan Ventures Limited was incorporated in 1986 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/16 12:48
End of Day Share Price2020/07/16 00:00
Earnings2020/03/31
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.