Financials Morarka Finance Limited

Equities

MORARKFI6

INE367A01015

Investment Banking & Brokerage Services

Market Closed - Bombay S.E. 03:30:56 07/06/2024 pm IST 5-day change 1st Jan Change
149.6 INR +0.57% Intraday chart for Morarka Finance Limited -1.48% +10.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 153.1 109.4 76.09 145 463.3 477.1
Enterprise Value (EV) 1 150.6 107.1 51.29 142.3 345.7 329.7
P/E ratio 6.54 x 23.4 x 1.54 x 21.2 x 12.5 x 10.2 x
Yield 2.94% - - 3.11% 3.89% 4.72%
Capitalization / Revenue 5.56 x 11.4 x 1.4 x 11.5 x 10.3 x 8.14 x
EV / Revenue 5.47 x 11.2 x 0.94 x 11.3 x 7.71 x 5.63 x
EV / EBITDA 6.33 x 19.6 x 1.03 x 15.7 x 8.52 x 6.02 x
EV / FCF 10.2 x 29.3 x 1.66 x 21.6 x 13.6 x 9.52 x
FCF Yield 9.8% 3.41% 60.1% 4.63% 7.38% 10.5%
Price to Book 1.32 x 0.95 x 0.46 x 0.2 x 0.17 x 0.25 x
Nbr of stocks (in thousands) 4,502 4,502 4,502 4,502 4,502 4,502
Reference price 2 34.00 24.30 16.90 32.20 102.9 106.0
Announcement Date 29/09/18 20/08/19 06/08/20 03/07/21 31/05/22 22/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 27.54 9.56 54.3 12.65 44.82 58.58
EBITDA 1 23.77 5.475 49.79 9.065 40.56 54.76
EBIT 1 23.73 5.437 49.76 9.031 40.53 54.73
Operating Margin 86.19% 56.88% 91.63% 71.39% 90.41% 93.43%
Earnings before Tax (EBT) 1 23.73 5.346 49.76 9.179 40.52 54.73
Net income 1 23.4 4.666 49.47 6.85 36.92 46.8
Net margin 84.98% 48.81% 91.09% 54.15% 82.37% 79.9%
EPS 2 5.197 1.036 10.99 1.520 8.200 10.40
Free Cash Flow 1 14.76 3.653 30.85 6.593 25.5 34.64
FCF margin 53.61% 38.21% 56.81% 52.12% 56.89% 59.12%
FCF Conversion (EBITDA) 62.09% 66.71% 61.95% 72.74% 62.87% 63.25%
FCF Conversion (Net income) 63.09% 78.29% 62.37% 96.25% 69.06% 74%
Dividend per Share 2 1.000 - - 1.000 4.000 5.000
Announcement Date 29/09/18 20/08/19 06/08/20 03/07/21 31/05/22 22/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2.49 2.34 24.8 2.64 118 147
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 14.8 3.65 30.9 6.59 25.5 34.6
ROE (net income / shareholders' equity) 22.5% 4.05% 35.4% 1.53% 2.16% 2.04%
ROA (Net income/ Total Assets) 14.2% 2.93% 22.1% 1.26% 1.48% 1.48%
Assets 1 165.1 159.4 223.4 545.8 2,502 3,152
Book Value Per Share 2 25.70 25.50 36.50 163.0 598.0 422.0
Cash Flow per Share 2 0.1500 0.1500 5.200 0.2300 0.4200 0.2200
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 29/09/18 20/08/19 06/08/20 03/07/21 31/05/22 22/08/23
1INR in Million2INR
Estimates
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