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Magna Electrocas

  • Market Cap: Micro Cap
  • Industry: Castings/Forgings
  • ISIN: INE437D01010
  • NSEID:
  • BSEID: 517449
INR
894.00
20 (2.29%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 1.27 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

852.00895.00

52 Week

400.001,299.00
Valuation
Technical
Day's Volume

CASH

1.27 k (420.08%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.05%

Held by 0 DIIs

Promoter

53.38%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company has a low Debt to Equity ratio (avg) at 0 times

 
2

The company has declared Positive results for the last 4 consecutive quarters

3

Stock is technically in a Mildly Bullish range

4

With ROE of 20.7, it has a Attractive valuation with a 3.4 Price to Book Value

5

Majority shareholders : Promoters

 
6

Consistent Returns over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Castings/Forgings

stock-summary
Market cap

INR 370 Cr (Micro Cap)

stock-summary
P/E

17.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.57%

stock-summary
Debt Equity

-0.21

stock-summary
Return on Equity

20.66%

stock-summary
Price to Book

3.41

Revenue and Profits (1 Year):
Net Sales:
43 Cr
(Quarterly Results - Dec 2024)
Net Profit:
5 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.57%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-0.67%
0%
-0.67%
1 Year
88.71%
1.08%
89.79%
2 Years
188.85%
2.37%
191.22%
3 Years
344.55%
5.68%
350.23%
4 Years
451.34%
7.85%
459.19%
5 Years
684.21%
10.44%
694.65%

Latest dividend: 5 per share ex-dividend date: Aug-09-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
9.09%
EBIT Growth (5y)
25.31%
EBIT to Interest (avg)
15.14
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.49
Tax Ratio
25.65%
Dividend Payout Ratio
14.01%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
16.10%
ROE (avg)
11.71%
Valuation key factors
Factor
Value
P/E Ratio
17
Industry P/E
28
Price to Book Value
3.41
EV to EBIT
12.22
EV to EBITDA
10.51
EV to Capital Employed
4.04
EV to Sales
2.08
PEG Ratio
0.26
Dividend Yield
0.57%
ROCE (Latest)
22.13%
ROE (Latest)
20.66%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

N Krishnasamaraj Huf (18.19%)

Highest Public shareholder

Elgi Equipments Limited (1.57%)

Individual Investors Holdings

32.79%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -5.48% vs 8.25% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -27.68% vs 0.00% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "43.14",
          "val2": "45.64",
          "chgp": "-5.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.42",
          "val2": "9.74",
          "chgp": "-23.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.08",
          "val2": "0.01",
          "chgp": "700.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.86",
          "val2": "6.72",
          "chgp": "-27.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.20%",
          "val2": "21.34%",
          "chgp": "-4.14%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 21.61% vs -19.05% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 79.44% vs -29.07% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "87.80",
          "val2": "72.20",
          "chgp": "21.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.36",
          "val2": "11.46",
          "chgp": "68.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.08",
          "chgp": "-75.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "13.44",
          "val2": "7.49",
          "chgp": "79.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.05%",
          "val2": "15.87%",
          "chgp": "6.18%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 21.97% vs -16.01% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 66.06% vs -23.31% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "130.94",
          "val2": "107.35",
          "chgp": "21.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.78",
          "val2": "17.11",
          "chgp": "56.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.10",
          "val2": "0.15",
          "chgp": "-33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "18.30",
          "val2": "11.02",
          "chgp": "66.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.45%",
          "val2": "15.94%",
          "chgp": "4.51%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.72% vs 21.20% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -11.74% vs 121.47% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "143.70",
          "val2": "164.64",
          "chgp": "-12.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.37",
          "val2": "25.67",
          "chgp": "-8.96%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.20",
          "val2": "0.34",
          "chgp": "-41.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "15.11",
          "val2": "17.12",
          "chgp": "-11.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.26%",
          "val2": "15.59%",
          "chgp": "0.67%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
43.14
45.64
-5.48%
Operating Profit (PBDIT) excl Other Income
7.42
9.74
-23.82%
Interest
0.08
0.01
700.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.86
6.72
-27.68%
Operating Profit Margin (Excl OI)
17.20%
21.34%
-4.14%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -5.48% vs 8.25% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -27.68% vs 0.00% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
87.80
72.20
21.61%
Operating Profit (PBDIT) excl Other Income
19.36
11.46
68.94%
Interest
0.02
0.08
-75.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
13.44
7.49
79.44%
Operating Profit Margin (Excl OI)
22.05%
15.87%
6.18%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 21.61% vs -19.05% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 79.44% vs -29.07% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
130.94
107.35
21.97%
Operating Profit (PBDIT) excl Other Income
26.78
17.11
56.52%
Interest
0.10
0.15
-33.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
18.30
11.02
66.06%
Operating Profit Margin (Excl OI)
20.45%
15.94%
4.51%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 21.97% vs -16.01% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 66.06% vs -23.31% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
143.70
164.64
-12.72%
Operating Profit (PBDIT) excl Other Income
23.37
25.67
-8.96%
Interest
0.20
0.34
-41.18%
Exceptional Items
0.00
0.00
Standalone Net Profit
15.11
17.12
-11.74%
Operating Profit Margin (Excl OI)
16.26%
15.59%
0.67%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -12.72% vs 21.20% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -11.74% vs 121.47% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Magna Electro Castings Ltd stock-summary
stock-summary
Magna Electro Castings Ltd
Micro Cap
Castings/Forgings
Magna Electro Castings Ltd was incorporated in 1990. The company was promoted and Managed by N Krishna Samaraj. The company is mainly engaged in manufacturing and selling of Cast Iron Components. In 2001 the company has successfully commissioned its state of the art CAD/CAM Centre for producing tooling. The Company had implemented a Energy Conservation Project in 2001-02 at a cost of Rs.110 lakhs and was funded by internal accruals and term loans from Corporation Bank.
Company Coordinates stock-summary
Company Details
43 (Old No 62), Balasundaram Road Coimbatore Tamil Nadu : 641018
stock-summary
Tel: 91-422-2240109
stock-summary
http://www.magnacast.com
stock-summary
info@magnacast.com
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore
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