Morarka Finance

₹153.2 7.3 | 5%

WEBSITE BSE:511549 NSE : MORARKA FIN. 18 May, 12:50

Market Cap ₹69 Cr.

Stock P/E 63.9

P/B 0.3

Current Price ₹153.2

Book Value ₹ 519.1

Face Value 10

52W High ₹187

Dividend Yield 3.92%

52W Low ₹ 115.5

Edit Ratio

Morarka Finance Research see more...

Overview Inc. Year: 1985Industry: Finance - NBFC

Morarka Finance Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Morarka Finance Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Sep 2022	Dec 2022	Mar 2023	Sep 2023	Dec 2023	Mar 2024
Operating Revenue	0	4	0	0	0	0	0	1	1	1
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	0	4	0	0	0	0	0	1	1	1
Total Expenditure	0	0	0	0	0	0	0	0	0	0
Operating Profit	0	4	0	0	0	0	-0	1	1	1
Interest Expense	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	3	0	0	0	0	-0	1	1	1
Provision for Tax	0	-0	0	0	0	0	0	0	0	0
Profit After Tax	0	4	0	-0	0	0	-0	1	0	1
Adjustments	0	0	-0	0	-0	0	-0	0	-0	0
Profit After Adjustments	0	4	0	-0	0	0	-0	1	0	1
Adjusted Earnings Per Share	0.1	8	0.2	-0.1	0	0.5	-0.9	1.3	0.8	1.2

Morarka Finance Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	0	0	0	0	3	1	5	1	4	6	3
Other Income	0	0	0	0	0	0	0	0	0	0	0
Total Income	0	0	0	1	3	1	5	1	4	6	3
Total Expenditure	0	0	0	0	0	0	0	0	0	0	0
Operating Profit	-0	-0	-0	0	2	1	5	1	4	5	3
Interest Expense	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-0	-0	-0	0	2	1	5	1	4	5	3
Provision for Tax	-0	-0	0	0	0	0	0	0	0	1	0
Profit After Tax	-0	-0	-0	0	2	0	5	1	4	5	2
Adjustments	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	-0	-0	0	2	0	5	1	4	5	2
Adjusted Earnings Per Share	-0.3	-0.5	-0.1	0.4	5.2	1	11	1.5	8.2	10.4	2.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	50%	6%	15%	0%
Operating Profit CAGR	25%	0%	20%	0%
PAT CAGR	25%	0%	20%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	25%	47%	45%	43%
ROE Average	2%	2%	9%	6%
ROCE Average	2%	2%	9%	6%

Morarka Finance 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	9	9	9	9	9	12	11	16	73	269	190
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Current Liability	0	0	0	0	0	0	0	0	0	0	1
Other Liabilities & Provisions	-0	-0	-0	-0	-0	-0	0	0	0	0	0
Total Liabilities	9	9	9	9	9	12	12	17	73	270	191
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	9	9	9	9	9	11	11	14	73	269	190
Fixed Assets	0	0	0	0	0	0	0	0	0	0	0
Other Loans	0	0	0	0	0	0	0	0	0	0	0
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	0
Current Assets	0	0	0	0	0	0	0	3	1	1	1
Total Assets	9	9	9	9	9	12	12	17	73	270	191

Morarka Finance 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	0	2	0	0
Cash Flow from Operating Activities	-0	-0	-0	-0	0	2	0	-0	-5	-0	-1
Cash Flow from Investing Activities	0	1	-0	0	-0	-2	0	2	3	1	2
Cash Flow from Financing Activities	0	-0	0	0	0	0	-1	0	0	-0	-2
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	0	2	0	0	0

Morarka Finance 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)	-0.32	-0.47	-0.08	0.02	0.4	5.2	1.04	10.99	1.52	8.2	10.4
CEPS(Rs)	-0.31	-0.46	-0.07	0.03	0.41	5.21	1.04	11	1.53	8.21	10.4
DPS(Rs)	0	0	0	0	0	1	0	0	1	4	5
Book NAV/Share(Rs)	20.61	20.14	20.06	20.08	20.49	25.68	25.51	36.5	162.63	598.23	421.96
Net Profit Margin	0	0	-81.27	5.99	49.49	84.98	48.81	91.11	54.15	82.37	79.9
Operating Margin	0	0	-21.37	10.41	72.3	86.19	55.92	91.65	72.56	90.41	93.43
PBT Margin	0	0	-21.37	10.41	72.3	86.19	55.92	91.65	72.56	90.41	93.43
ROA(%)	-1.55	-2.31	-0.42	0.11	2.01	22.58	4.04	35.23	1.52	2.15	2.03
ROE(%)	-1.55	-2.3	-0.41	0.11	1.99	22.52	4.05	35.43	1.53	2.16	2.04
ROCE(%)	-1.72	-2.33	-0.11	0.19	2.9	22.84	4.64	35.64	2.05	2.37	2.38
Price/Earnings(x)	0	0	0	429.64	57.44	6.54	23.45	1.54	21.16	12.55	10.19
Price/Book(x)	0.39	0.22	0.41	0.47	1.13	1.32	0.95	0.46	0.2	0.17	0.25
Dividend Yield(%)	0	0	0	0	0	2.94	0	0	3.11	3.89	4.72
EV/Net Sales(x)	0	2019.24	79.06	25.65	28.41	5.53	11.37	0.97	11.38	10.29	8.13
EV/Core EBITDA(x)	-24.29	-9.52	-726.82	195.09	38.66	6.41	20.2	1.06	15.62	11.38	8.69
Interest Earned Growth(%)	-100	0	4532.11	259.68	120.64	650.94	-65.28	467.93	-76.7	254.35	30.69
Net Profit Growth	-44.92	-45.45	82.24	126.51	1722.83	1189.51	-80.06	960.14	-86.15	439.02	26.76
EPS Growth(%)	-44.91	-45.46	82.24	126.51	1722.83	1189.51	-80.06	960.14	-86.15	439.03	26.76
Interest Coverage(x) %	-8.54	-13.82	0	0	0	0	0	0	0	0	0

Morarka Finance Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	65.28	65.28	65.88	65.98	65.98	66.17	66.78	66.78	66.78	66.78
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	34.72	34.72	34.12	34.02	34.02	33.83	33.22	33.22	33.22	33.22
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.29	0.29	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.16	0.16	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15
Others	0	0	0	0	0	0	0	0	0	0
Total	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45	0.45

Pros

Stock is trading at 0.3 times its book value
Company is almost debt free.

Cons

Company has a low return on equity of 2% over the last 3 years.
Debtor days have increased from -182.5 to -25.17days.

* 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.