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Morarjee Text.

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE161G01027
  • NSEID: MORARJEE
  • BSEID: 532621
INR
5.23
0.24 (4.81%)
BSENSE

Apr 11, 12:38 PM

BSE+NSE Vol: 10.78 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

5.235.23

52 Week

4.5222.41
Valuation
Technical
Day's Volume

CASH

10.78 k (7.37%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

4.01%

Held by 2 DIIs

Promoter

59.71%

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

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

  • Poor long term growth as Net Sales has grown by an annual rate of -37.66% and Operating profit at -9.15% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 2.75 times
2

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

3

Stock is technically in a Mildly Bearish range

4

Risky - No result in last 6 months

5

Consistent Underperformance against the benchmark over the last 3 years

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

Textile

stock-summary
Market cap

INR 24 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

-0.07

Revenue and Profits (1 Year):
Net Sales:
13 Cr
(Quarterly Results - Mar 2024)
Net Profit:
-106 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-50.66%
0%
-50.66%
1 Year
-76.1%
0%
-76.1%
2 Years
-73.88%
0%
-73.88%
3 Years
-82.21%
0%
-82.21%
4 Years
-66.04%
0%
-66.04%
5 Years
-32.95%
0%
-32.95%

Latest dividend: 1.4 per share ex-dividend date: Aug-10-2017

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)
-37.66%
EBIT Growth (5y)
-219.55%
EBIT to Interest (avg)
1.63
Debt to EBITDA (avg)
2.33
Net Debt to Equity (avg)
2.75
Sales to Capital Employed (avg)
0.83
Tax Ratio
32.69%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.01%
ROCE (avg)
-55.76%
ROE (avg)
12.19%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
-0.07
EV to EBIT
-12.20
EV to EBITDA
-23.57
EV to Capital Employed
3.07
EV to Sales
7.66
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-25.18%
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Bearish
No Trend
OBV
No Trend
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 2 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Urvi Ashok Piramal (59.42%)

Highest Public shareholder

Life Insurance Corporation Of India (3.75%)

Individual Investors Holdings

27.49%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Mar'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2024 is 45.76% vs 0.00% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2024 is -244.50% vs -8.92% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "13.22",
          "val2": "9.07",
          "chgp": "45.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-12.44",
          "val2": "-5.70",
          "chgp": "-118.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "87.67",
          "val2": "19.87",
          "chgp": "341.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-105.59",
          "val2": "-30.65",
          "chgp": "-244.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-94.10%",
          "val2": "-62.84%",
          "chgp": "-31.26%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2023 is -89.08% vs -16.20% in Sep 2022",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2023 is 17.75% vs -77.22% in Sep 2022",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'23",
        "Sep'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "10.54",
          "val2": "96.50",
          "chgp": "-89.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-4.23",
          "val2": "-27.69",
          "chgp": "84.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "42.93",
          "val2": "40.71",
          "chgp": "5.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-15.78",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-65.03",
          "val2": "-79.06",
          "chgp": "17.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-40.13%",
          "val2": "-28.69%",
          "chgp": "-11.44%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2023 is -87.40% vs -19.16% in Dec 2022",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2023 is 18.69% vs -82.66% in Dec 2022",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'23",
        "Dec'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "19.61",
          "val2": "155.62",
          "chgp": "-87.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-9.93",
          "val2": "-38.74",
          "chgp": "74.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "62.80",
          "val2": "62.99",
          "chgp": "-0.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-15.78",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-95.69",
          "val2": "-117.69",
          "chgp": "18.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-50.64%",
          "val2": "-24.89%",
          "chgp": "-25.75%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -84.13% vs -24.04% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -8.55% vs -110.44% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "32.83",
          "val2": "206.87",
          "chgp": "-84.13%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-22.39",
          "val2": "-52.00",
          "chgp": "56.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "150.47",
          "val2": "79.60",
          "chgp": "89.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-15.78",
          "val2": "-32.74",
          "chgp": "51.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-201.28",
          "val2": "-185.42",
          "chgp": "-8.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-68.20%",
          "val2": "-25.14%",
          "chgp": "-43.06%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Mar'24 - QoQstock-summary
Mar'24
Dec'23
Change(%)
Net Sales
13.22
9.07
45.76%
Operating Profit (PBDIT) excl Other Income
-12.44
-5.70
-118.25%
Interest
87.67
19.87
341.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
-105.59
-30.65
-244.50%
Operating Profit Margin (Excl OI)
-94.10%
-62.84%
-31.26%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2024 is 45.76% vs 0.00% in Dec 2023

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Mar 2024 is -244.50% vs -8.92% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'23stock-summary
Sep'23
Sep'22
Change(%)
Net Sales
10.54
96.50
-89.08%
Operating Profit (PBDIT) excl Other Income
-4.23
-27.69
84.72%
Interest
42.93
40.71
5.45%
Exceptional Items
-15.78
0.00
Consolidate Net Profit
-65.03
-79.06
17.75%
Operating Profit Margin (Excl OI)
-40.13%
-28.69%
-11.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2023 is -89.08% vs -16.20% in Sep 2022

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2023 is 17.75% vs -77.22% in Sep 2022

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'23stock-summary
Dec'23
Dec'22
Change(%)
Net Sales
19.61
155.62
-87.40%
Operating Profit (PBDIT) excl Other Income
-9.93
-38.74
74.37%
Interest
62.80
62.99
-0.30%
Exceptional Items
-15.78
0.00
Consolidate Net Profit
-95.69
-117.69
18.69%
Operating Profit Margin (Excl OI)
-50.64%
-24.89%
-25.75%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2023 is -87.40% vs -19.16% in Dec 2022

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2023 is 18.69% vs -82.66% in Dec 2022

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
32.83
206.87
-84.13%
Operating Profit (PBDIT) excl Other Income
-22.39
-52.00
56.94%
Interest
150.47
79.60
89.03%
Exceptional Items
-15.78
-32.74
51.80%
Standalone Net Profit
-201.28
-185.42
-8.55%
Operating Profit Margin (Excl OI)
-68.20%
-25.14%
-43.06%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -84.13% vs -24.04% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -8.55% vs -110.44% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Morarjee Textiles Ltd stock-summary
stock-summary
Morarjee Textiles Ltd
Micro Cap
Textile
Morarjee Textiles Ltd, incorporated in 1995 is a manufacturer of textile products. Morarjee is part of the Ashok Piramal Group, a diversified and leading business group in India.The Company is engaged in manufacture of cotton fabric and fashion printed fabric. The Company has two products: shirting and prints. Shirting division is specializes in color woven shirtings with fine yarn counts up to 180/2. Prints Division includes fashion and Voiles.
Company Coordinates stock-summary
Company Details
2 Peninsula Spenta MM Compound, Senapati Bapat Marg LowerParel Mumbai Maharashtra : 400013
stock-summary
Tel: 91-22-6615 4651
stock-summary
http://www.morarjee.com
stock-summary
corporatesecretarial@ashokpiramalgr
Registrar Details
Freedom Registry Ltd, (Formerly Knows as Amtrac Management Services Ltd), Plot No 101/102 , M I D C, Satpur, Nasik
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