Mafatlal Industries Ltd.
Snapshot View

160.00 -3.90 ▼-2.4%

02 August 2021, 04:00:00 P.M.
Volume: 7,879

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.mafatlals.com
Financial Indicators
Market Cap 223.91 Cr.
Earnings per share (EPS) -51.97 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-06
Industry PE 24.37 Trailing Twelve Months Ending 2021-06
Book Value / Share 322.05 Trailing Twelve Months Ending 2021-06
Price to Book Value 0.50 Calculated using Price: 160.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.40 Cr. 13,994,386 Shares
FaceValue 10
Company Profile

Mafatlal Industries Ltd., a flagship company of the Arvind Mafatlal Group that has vertically integrated composite textile mills, was incorporated in 1913 at Ahmedabad. The company is engaged in manufacture of textiles and textile chemicals.

The total capacity of the two mills, located at Navsari (near Surat) and Nadiad (near Ahmedabad) is 30 million meters per annum (85,000 meters per day). The mills are equipped to do bleaching, dyeing, calico printing, mercerising, calendering, sanforising, anti-creasing and texturising. Mafatlal Industries has been a leader in textiles for nearly 100 years. It has an installed capacity of 100,000 spindles, 816 rotors and 492 looms and a capability to process 60,000 meters of fabrics per day.

Mafatlal Industries produces some of the finest fabrics, in a count range of 12's to 105's, which are exported to the most demanding buyers of Europe, UK, USA and Middle East.MIL produces a complete range of products in 100% cotton and in polyester/ cotton blends, consisting of yarn dyed and piece dyed shirtings, poplins, bottomwear fabrics, cambrics, fine lawns and voiles. In addition to these, the mills also have the capacity to produce printed voiles and dress materials.

Product range of the company includes:

  • Shirtings- It offers shirtings in multifarious designs and colours with unique patterns of textures and weaves, which suit casual as well as formal occasions.
  • Prints.
  • Voiles- The company specialize in premium voiles. These voiles are available in floral prints, solids, lenos and dobbies.
  • Sleepwear- The company caters to sleepwear products which hold immense value for its superior quality and comfortable clothing, namely, lawn, voiles, satins and flannels.
  • Beachwear
  • Bottomwear- The company offers a range of chinos and twills in 100% cotton & blend with surface, elegantly styled and available in Two/ Three folds and soft finish for you to enjoy a comfortable and an eye-catching wear.
  • Kidswear- Mafatlals has always had great endeavours to delight kids with bright colour schemes for wovens and character prints alongwith soft and smooth flannels, which are eco-friendly, keeping in mind the comfort of the wearer.
  • Speciality Products

Other group Companies:

  • Navin Flourine International Limited- It’s the Largest integrated fluorochemicals complex in India, since 1967.
  • Mafatlal Denim Limited- Mafatlal Industries Limited, India and Burlington Industries, USA joined hands to form Mafatlal Burlington Industries Limited. This joint venture company was established for the manufacture and marketing of denim fabrics. In April 2006, the Arvind Mafatlal Group - India acquired Burlington Industries' equity in the joint venture and the company is now called 'Mafatlal Denim Limited'.
  • NOCIL Limited- NOCIL commenced its rubber chemicals manufacturing operations in the year 1976, it offers a wide range of rubber chemicals.

Milestones:

  • 1905  First Textile mill set-up in Ahmedabad. 
  • 1912  Old unit bought at Nadiad
  • 1916  Bought Jaffer Ali Mill & renamed it as Surat Cotton Spinning & Weaving Mills.
  • 1919  Took over China Mill at Mumbai.
  • 1958  Franchise retail shops opened for market Growth. 
  • 1962  New unit constructed at Nadiad. 
  • 1970  1980 - Consolidation of existing business. 
  • 1981 Set up direct distribution system. 
  • 1982 Set up 2 tier system (Wholesalers to semi-wholesalers). 
  • 1984  Tie-up with 'Tootal' for Technological upgradation named as ‘TOOTAL’.  
  • Post 1990 Focus on export of high-value products to European markets and on HR initiatives for People Development. Collaboration with Burlington; set- up state-of-the-art denim manufacturing. Joint Venture with Grupo la Perla & Silvia.

Achievements/ recognition :

  • Obtained ISO-9002 Certification in 1994.
  • ISO 9000 and Oekotex certified.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.38%
1 Week
-7.49%
1 Month
+16.66%
3 Month
+86.37%
6 Month
+53.40%
1 Year
+78.77%
2 Year
+113.19%
5 Year
-52.47%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -28.42 12.04 7.09 6.72 4.63 0.85 -6.02 -27.60 -3.47
Return on Capital Employed (%) -23.40 19.78 7.50 8.56 7.20 3.62 -1.16 -17.17 3.15
Return on Assets (%) -13.27 5.58 3.09 2.88 1.75 0.34 -2.94 -13.60 -1.33

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 323 359 346 364 376 590 798 507 285
Non Curr. Liab. 118 195 55 89 205 245 220 182 182
Curr. Liab. 115 222 364 436 490 494 498 442 468
Minority Int. 0 0 0 0 0
Equity & Liab. 557 776 765 890 1,071 1,329 1,517 1,131 934
Non Curr. Assets 269 372 270 329 465 758 975 674 456
Curr. Assets 288 404 495 560 606 571 542 456 478
Misc. Exp. not W/O
Total Assets 557 776 765 890 1,071 1,329 1,517 1,131 934

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 157 797 920 1,013 1,323 1,238 1,168 1,024 1,006
Other Income 49 43 18 31 22 48 35 31 57
Total Income 207 841 938 1,045 1,345 1,286 1,203 1,055 1,062
Total Expenditure -258 -751 -892 -995 -1,284 -1,223 -1,177 -1,085 -1,012
PBIDT -52 90 46 50 61 63 25 -30 50
Interest -4 -32 -15 -17 -21 -27 -31 -30 -31
Depreciation -2 -14 -18 -17 -21 -32 -36 -36 -17
Taxation 13 -13 4 -1 -2 5 0 0
Exceptional Items -50 7 7 9 -5 -84 -15
PAT -95 37 24 24 17 4 -42 -180 -14

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -308 16 12 7 -35 88 12 8 24
Cash Fr. Inv. 526 6 -51 -7 -21 -73 49 40 84
Cash Fr. Finan. -179 -25 -39 4 52 -11 -52 -57 -91
Net Change 39 -3 -78 4 -5 4 9 -9 17
Cash & Cash Eqvt 88 85 7 11 6 10 19 10 27

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 72.08 72.08 72.08 72.08 72.08 72.08 72.08 71.85 71.85
Public 27.92 27.92 27.92 27.92 27.92 27.92 27.92 28.15 28.15
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 25.74 25.74 69.70 69.70 69.70 70.39 69.70 69.87 47.80

Announcements View Details

Sat, 31 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Mafatlal Industries Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed public notice published in English and Gujarati Newspapers with respect to Extract of Un-Audited Financial Results of the Company for the Quarter ended 30th June 2021 in todays Newspaper.
Fri, 30 Jul 2021
Shareholder Meeting / Postal Ballot-Outcome of AGM
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed the summary of proceedings of the 107th Annual General Meeting (AGM) of the Members (Shareholders) of the Company held on Friday July 30 2021 at 12.30 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM).

The proceedings of the 107th AGM shall also be made available on the Companys website https://www.mafatlals.com under the Financial & Disclosure section.

Technical Scans View Details

Fri, 30 Jul 2021
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
S Close Below Last Week Low
S Close Above Last Month High

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