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MM Rubber

₹102.6 0.6 | 0.6%

Market Cap ₹64 Cr.

Stock P/E 135.3

P/B 6.1

Current Price ₹102.6

Book Value ₹ 16.9

Face Value 2

52W High ₹155.4

Dividend Yield 0%

52W Low ₹ 88.4

MM Rubber Research see more...

Overview Inc. Year: 1964Industry: Rubber Products

MM Rubber Share Price

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MM Rubber Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 6 11 11 10 10 11 10 11 10 11
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 6 11 11 10 10 11 10 11 10 11
Total Expenditure 6 10 10 10 9 10 9 10 10 11
Operating Profit -0 1 1 1 1 1 1 1 0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 1 1 1 1 1 1 0 0 -0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 1 1 1 1 1 0 0 0 -0
Adjustments 0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments -0 1 1 1 1 1 0 0 0 -0
Adjusted Earnings Per Share -0.5 0.9 0.8 0.8 1.2 1.4 0.7 0.3 0 -0.2

MM Rubber 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 16 18 18 19 20 26 30 31 28 37 41 42
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 16 18 18 19 20 26 30 31 28 37 41 42
Total Expenditure 16 18 17 18 19 25 28 32 31 35 37 40
Operating Profit 1 -0 1 1 1 1 2 -1 -3 3 4 2
Interest 1 1 1 1 1 1 1 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 2 0 0 0 0
Profit Before Tax -0 -1 0 0 0 0 1 1 -4 2 3 1
Provision for Tax -0 -0 -0 -0 0 0 0 0 0 0 1 0
Profit After Tax -0 -1 0 0 0 0 0 0 -4 1 3 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -1 0 0 0 0 0 0 -4 1 3 0
Adjusted Earnings Per Share -0.7 -1.7 0.5 0.5 0.6 0.6 1 0.4 -6 2.3 4.1 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 10% 10% 10%
Operating Profit CAGR 33% 0% 32% 15%
PAT CAGR 200% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -25% 16% 8% 33%
ROE Average 28% 1% 7% 6%
ROCE Average 29% 5% 9% 11%

MM Rubber 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 1 0 0 1 7 6 7 15 12 13 20
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 1 1 1 0 0 0
Other Non-Current Liabilities 0 0 0 0 2 1 1 2 2 2 3
Total Current Liabilities 7 8 8 8 7 8 8 3 6 7 7
Total Liabilities 8 9 9 8 16 17 17 21 20 22 30
Fixed Assets 1 1 1 1 9 9 9 10 12 13 19
Other Non-Current Assets 1 1 0 0 1 1 1 0 0 0 1
Total Current Assets 7 7 7 7 7 7 7 11 8 9 9
Total Assets 8 9 9 8 16 17 17 21 20 22 30

MM Rubber 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 0 0 0 0 0 0 0 1 2 0 0
Cash Flow from Operating Activities 0 1 0 1 0 2 1 -1 -2 2 3
Cash Flow from Investing Activities -0 -0 -0 0 -0 -2 -0 -1 -2 -1 -2
Cash Flow from Financing Activities -0 -1 -0 -1 -0 0 -1 3 2 -1 -1
Net Cash Inflow / Outflow -0 0 -0 -0 -0 0 0 2 -2 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 1 2 0 0 0

MM Rubber 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) -0.68 -1.71 0.48 0.52 0.62 0.6 0.96 0.36 -6.02 2.33 4.11
CEPS(Rs) -0.42 -1.45 0.64 0.68 0.95 1.18 1.64 0.95 -5.26 3.19 5.28
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.06 0.35 0.72 1.13 2.25 2.86 3.81 15.85 10.29 12.74 16.85
Core EBITDA Margin(%) 2.93 -0.63 4.47 4.27 4.41 4.94 4.95 -1.65 -10.18 6.3 9.3
EBIT Margin(%) 2.31 -1.01 4.6 4.5 4.44 4.05 3.93 3 -11.68 5.01 7.76
Pre Tax Margin(%) -1.82 -4.21 1.16 1.2 1.62 1.64 1.87 1.66 -12.42 4.12 6.91
PAT Margin (%) -1.8 -4.18 1.16 1.21 1.33 1.11 1.49 0.67 -12.52 3.63 5.68
Cash Profit Margin (%) -1.12 -3.54 1.55 1.58 2.05 2.17 2.57 1.77 -10.95 4.97 7.29
ROA(%) -4.22 -10.29 2.81 3.09 2.5 1.81 2.83 1.18 -18.06 6.83 9.84
ROE(%) -28.32 -141.55 89.94 56.27 36.63 23.67 28.65 3.78 -46.03 20.26 27.77
ROCE(%) 7.71 -3.97 19.41 19.42 18.82 17.03 17.64 11.08 -33.18 18.51 28.51
Receivable days 33.07 29.52 28.47 25.56 26.72 31.21 28.14 21.07 24.35 22.42 18.03
Inventory Days 82.67 78.25 75.77 71.9 64.93 53.62 46.96 54.58 64.83 45.68 48.53
Payable days -1030.51 1101.8 2969.98 1019.36 856.72 667.3 0 -1967.21 721.22 1468.08 -692.36
PER(x) 0 0 21.74 28.9 39.75 81.79 89.23 81.68 0 24.34 24.11
Price/Book(x) 4.59 24.15 14.59 13.26 10.95 17.31 22.36 1.84 5.12 4.46 5.88
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.55 0.47 0.53 0.62 0.83 1.15 1.57 0.54 1.29 1.04 1.54
EV/Core EBITDA(x) 15.84 -109.53 9.12 11.06 14.01 21.46 29.57 -32.1 -11.93 15.15 15.11
Net Sales Growth(%) -12.27 9.78 -0.45 5.42 7.29 28.78 15.7 4.27 -10.69 33.14 11.49
EBIT Growth(%) -14.76 -147.57 559.15 2.31 6.29 7.14 13.68 -19.98 -448.77 157.38 74.51
PAT Growth(%) 59.24 -151.29 128.16 8.37 19.09 -2.52 58.02 -53.19 -1782.92 138.79 76.08
EPS Growth(%) 59.24 -151.27 128.16 8.37 19.08 -2.52 58.02 -62.58 -1782.95 138.79 76.08
Debt/Equity(x) 4.44 26.3 12.89 7.87 4.28 3.94 2.78 0.11 0.58 0.45 0.24
Current Ratio(x) 1.01 0.9 0.92 0.93 0.96 0.93 0.94 3.7 1.3 1.27 1.41
Quick Ratio(x) 0.36 0.39 0.39 0.38 0.35 0.44 0.37 1.73 0.52 0.57 0.37
Interest Cover(x) 0.56 -0.32 1.34 1.36 1.58 1.68 1.91 2.24 -15.7 5.63 9.13
Total Debt/Mcap(x) 0.97 1.09 0.88 0.59 0.39 0.23 0.12 0.06 0.11 0.1 0.04

MM Rubber Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3
FII 0 0 0 0 0 0 0 0 0 0
DII 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 96.69 96.69 96.69 96.69 96.69 96.69 96.69 96.69 96.69 96.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 1468.08 to -692.36days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 3.3%.
  • Company has a low return on equity of 1% over the last 3 years.
  • Stock is trading at 6.1 times its book value.

* 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.

MM Rubber News

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