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Magna ElectroCasting

₹446.1 0 | 0%

Market Cap ₹189 Cr.

Stock P/E 12.7

P/B 1.8

Current Price ₹446.1

Book Value ₹ 246

Face Value 10

52W High ₹593.9

Dividend Yield 0.67%

52W Low ₹ 310

Magna ElectroCasting Research see more...

Overview Inc. Year: 1990Industry: Castings/Forgings

Magna Electro Castings Ltd is a leading company in the field of casting and manufacturing based in India. Established with a vision to deliver high-quality products, Magna Electro Castings has gained a strong reputation for its excellence in precision casting, machining, and assembly services. The company specializes in the production of intricate and complex components for various industries, including automotive, aerospace, and industrial machinery. With state-of-the-art facilities and a highly skilled workforce, Magna Electro Castings utilizes advanced technologies and processes to ensure superior product quality and timely delivery. Committed to customer satisfaction, the company offers comprehensive solutions, from design and prototyping to finished product delivery. Magna Electro Castings continues to innovate and expand its capabilities, making it a trusted partner for businesses seeking reliable and high-performance casting solutions.

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Magna ElectroCasting Share Price

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Magna ElectroCasting Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 22 37 41 35 43 46 39 35 37 35
Other Income 0 1 0 1 0 2 0 0 0 0
Total Income 23 38 41 36 43 48 39 36 37 35
Total Expenditure 20 32 36 34 37 38 33 30 31 29
Operating Profit 2 6 5 2 7 10 6 6 6 6
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 4 4 1 5 9 5 5 5 5
Provision for Tax 0 1 1 0 1 2 1 1 1 1
Profit After Tax 1 3 2 1 4 7 4 4 4 4
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 1 3 2 1 4 7 4 4 4 4
Adjusted Earnings Per Share 2 7.9 5.7 2.6 9 15.9 9 8.8 8.9 8.3

Magna ElectroCasting Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 87 75 101 93 79 93 123 96 98 136 165 146
Other Income 1 1 0 1 0 0 3 2 1 2 3 0
Total Income 88 76 102 94 79 93 126 98 99 137 168 147
Total Expenditure 73 61 87 79 65 81 105 85 88 122 139 123
Operating Profit 15 15 15 15 15 13 21 13 11 15 29 24
Interest 2 3 2 1 1 0 0 0 0 0 0 0
Depreciation 6 7 4 5 5 5 5 4 4 5 6 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 6 8 9 9 8 15 9 7 10 23 20
Provision for Tax 1 1 3 2 2 1 4 2 2 3 6 4
Profit After Tax 5 5 5 7 7 7 11 7 5 8 17 16
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 5 5 5 7 7 7 11 7 5 8 17 16
Adjusted Earnings Per Share 11.5 10.1 11.8 14.5 16 15 24.9 14.6 12.2 18.3 40.5 35

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 20% 12% 7%
Operating Profit CAGR 93% 31% 17% 7%
PAT CAGR 113% 34% 19% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 35% 42% 20% 21%
ROE Average 20% 12% 13% 14%
ROCE Average 26% 17% 17% 17%

Magna ElectroCasting Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 33 36 41 46 55 61 71 73 71 78 94
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 8 5 3 3 0 0 0 0 0 0 0
Other Non-Current Liabilities 5 4 5 6 4 3 3 3 3 2 2
Total Current Liabilities 25 29 33 22 17 20 20 14 19 29 29
Total Liabilities 71 75 83 76 77 84 94 91 93 109 125
Fixed Assets 44 41 41 42 37 35 32 32 30 31 39
Other Non-Current Assets 3 1 2 2 5 4 4 4 5 4 6
Total Current Assets 25 33 40 32 35 45 58 56 59 74 80
Total Assets 71 75 83 76 77 84 94 91 93 109 125

Magna ElectroCasting Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 1 1 1 1 2 1 1 3 1 0
Cash Flow from Operating Activities 17 8 10 9 7 3 7 9 9 -1 20
Cash Flow from Investing Activities -13 -2 -4 -6 -1 -2 -1 -4 -4 -3 -12
Cash Flow from Financing Activities -4 -5 -5 -3 -6 -2 -5 -4 -8 4 -6
Net Cash Inflow / Outflow -0 0 0 0 1 -1 1 1 -2 -0 1
Closing Cash & Cash Equivalent 1 1 1 2 2 1 1 3 1 0 2

Magna ElectroCasting Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 11.46 10.09 11.85 14.51 15.97 14.97 24.87 14.59 12.24 18.26 40.46
CEPS(Rs) 24.91 25.27 21.48 24.6 27.35 24.88 36.73 24.12 22.09 29.11 53.46
DPS(Rs) 1.8 1.6 1.8 2 2 2 5 2.5 1.5 2.5 3
Book NAV/Share(Rs) 71.41 79.62 89.3 101.4 119.99 132.34 154.49 160.4 168.56 185.04 222.96
Core EBITDA Margin(%) 15.07 18.39 13.88 14.47 17.11 13.1 14.47 11.24 10.27 10.03 15.59
EBIT Margin(%) 9.31 10.53 10.13 10.67 11.48 8.69 12.45 8.95 7.25 7.86 14.25
Pre Tax Margin(%) 6.68 7.25 7.93 9.29 10.83 8.36 12.22 8.83 7.17 7.62 14.04
PAT Margin (%) 5.81 5.87 5.14 6.79 8.78 7.28 9.27 6.94 5.29 5.69 10.4
Cash Profit Margin (%) 12.63 14.71 9.33 11.51 15.03 12.1 13.69 11.47 9.56 9.07 13.74
ROA(%) 7.5 6.31 6.89 8.37 9.55 8.53 12.83 7.25 5.63 7.63 14.58
ROE(%) 17.17 13.36 14.03 15.21 14.43 11.87 17.34 9.27 7.15 10.33 19.83
ROCE(%) 16.26 15.07 18.22 17.78 16.49 13.21 22.69 11.94 9.79 13.81 26.42
Receivable days 68.73 80.4 77.51 82.04 86.9 95.03 88.16 104.29 99.43 91.79 85.75
Inventory Days 19.31 26.48 24.01 23.87 25.96 26.79 25.55 35.9 31.95 25.3 23.12
Payable days 111.88 157.77 121.08 154.44 183.48 129.79 117.08 142.2 102.68 71.81 72.15
PER(x) 5.94 5.99 9.57 8.38 10.89 10.84 7.68 6.93 14.03 10.94 6.87
Price/Book(x) 0.95 0.76 1.27 1.2 1.45 1.23 1.24 0.63 1.02 1.08 1.25
Dividend Yield(%) 2.65 2.65 1.59 1.65 1.15 1.23 2.62 2.47 0.87 1.25 1.08
EV/Net Sales(x) 0.6 0.62 0.7 0.68 1.05 0.83 0.66 0.33 0.59 0.55 0.58
EV/Core EBITDA(x) 3.56 3.04 4.7 4.24 5.63 6.03 3.89 2.45 5.09 4.88 3.3
Net Sales Growth(%) 1.89 -13.15 34.74 -7.89 -15.51 17.9 32.07 -21.64 1.54 38.89 21.2
EBIT Growth(%) -1.41 -1.44 28.91 -2.25 -8.41 -14.4 86.88 -43.71 -17.73 50.54 119.84
PAT Growth(%) 25.59 -11.96 17.45 22.46 10.07 -6.22 66.1 -41.33 -22.55 49.25 121.53
EPS Growth(%) 25.59 -11.96 17.45 22.46 10.07 -6.22 66.1 -41.33 -16.15 49.25 121.53
Debt/Equity(x) 0.65 0.53 0.5 0.21 0.09 0.06 0 0 0 0.06 0
Current Ratio(x) 0.99 1.14 1.19 1.45 2.04 2.26 2.96 3.93 3.09 2.58 2.76
Quick Ratio(x) 0.82 0.89 0.99 1.17 1.7 1.85 2.5 3.24 2.7 2.18 2.44
Interest Cover(x) 3.54 3.21 4.61 7.74 17.64 25.95 52.73 74.41 94.52 33.02 68.16
Total Debt/Mcap(x) 0.68 0.7 0.39 0.17 0.06 0.05 0 0 0 0.06 0

Magna ElectroCasting Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 53.38 53.38 53.38 53.38 53.38 53.38 53.38 53.38 53.38 53.38
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 46.61 46.61 46.61 46.62 46.62 46.62 46.62 46.62 46.62 46.62
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12% over the last 3 years.
  • Debtor days have increased from 71.81 to 72.15days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Magna ElectroCasting News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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