Magna Electro Castings Ltd.
Snapshot View

183.80 +0.10 ▲0.1%

03 August 2021, 03:19:00 P.M.
Volume: 3,455

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.magnacast.com
Financial Indicators
Market Cap 77.74 Cr.
Earnings per share (EPS) 10.40 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 17.66 Trailing Twelve Months Ending 2021-06
Industry PE 22.37 Trailing Twelve Months Ending 2021-06
Book Value / Share 170.58 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.08 Calculated using Price: 183.70
Dividend Yield 1.36 Period Ending 2020-03
No. of Shares Subscribed 0.42 Cr. 4,232,104 Shares
FaceValue 10
Company Profile

Magna Electro Castings was incorporated in 1993 as a Public Company. The main promoter of the company is N Krishna Samaraj. Magna is in the business of Manufacturing and Supplying Ferrous Components in small and medium volumes to users worldwide.

Magna specializes in the manufacture of Ductile Iron and Gray Iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. Magna also adds value by heat treatment, surface treatments and machining so that the products are ready to assemble.

Magna also produces fully machined components, utilizing its in-house CNC machine shop and other facilities as well.

Magna has extensive experience in the supply of safety requirement components in the casting and fully machined forms. The components meet stringent requirements in terms of Radiographic Quality and Metallurgical Control.

Magna has established warehousing in the USA, this facility along with bi-weekly container shipments, allows them to cater to low volume requirements. Also their warehousing capability enables them to supply products just in time, to customers in the United States of America.

Product range of the company includes:

Castings

  • Valves
  • Refrigeration
  • Railroad
  • Printing
  • Hydraulics
  • Automotive
  • Electrical
  • Windmills

Machined Components

  • Railroad
  • Hydraulics
  • Off Highway
  • Windmills
  • Automotive

Milestones:

  • 1993 - Incorporated as a Public Limited Company
  • 1995 - Commenced production
  • 1997 - First Exports Begin
  • 1998 - Awarded ISO 9002 certification
  • 1999 - CNC Machine Shop
  • 2000 - State of the art Tool Room
  • 2001 - Interactive Website for Customer Relations Management
  • 2002 - Awarded ISO 9001:2000 certification by M/S. DNV
  • 2003 - Approved in accordance with Pressure Equipment Directive (PED)97/23/EC          and W0/AD2000 MERKBLATT by RWTUV.
  • 2004 - ISO/TS 16949 certification
  • 2004 - Completely automated Furan based No-Bake molding line
  • 2004 - First Wind Electric Generator (750 KW)
  • 2005 - Heavy machining center
  • 2005 - Second Wind Electric Generator (1650 KW)

 Achievements/ recognition:

  • Awarded ISO 9002 certification in 1998.
  • Awarded ISO 9001:2000 certification by M/S. DNV in 2002.
  • Approved in accordance with Pressure Equipment Directive (PED)97/23/EC and W0/AD2000 MERKBLATT by RWTUV in 2003.
  • Awarded ISO/TS 16949 certification in 2004.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.05%
1 Week
+0.03%
1 Month
+6.55%
3 Month
+15.31%
6 Month
+9.93%
1 Year
+59.48%
2 Year
+10.36%
5 Year
+39.35%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 15.55 17.17 13.36 14.03 15.21 14.43 11.87 17.34 9.27
Return on Capital Employed (%) 19.70 16.26 15.07 18.22 17.78 16.49 13.21 22.69 11.94
Return on Assets (%) 6.70 7.50 6.31 6.89 8.37 9.55 8.53 12.83 7.25

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 28 33 36 41 46 55 61 71 74
Non Curr. Liab. 12 14 10 8 8 4 3 3 3
Curr. Liab. 28 25 29 33 22 17 20 20 14
Minority Int.
Equity & Liab. 69 71 75 83 76 77 84 94 91
Non Curr. Assets 39 47 42 43 45 41 39 35 35
Curr. Assets 30 25 33 40 32 35 45 58 56
Misc. Exp. not W/O
Total Assets 69 71 75 83 76 77 84 94 91

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 85 87 75 101 93 79 93 123 96
Other Income 1 1 1 0 1 0 0 3 2
Total Income 86 88 76 102 94 79 93 126 98
Total Expenditure -72 -73 -61 -87 -79 -65 -81 -105 -85
PBIDT 14 15 15 15 15 15 13 21 13
Interest -2 -2 -3 -2 -1 -1 0 0 0
Depreciation -5 -6 -7 -4 -5 -5 -5 -5 -4
Taxation -2 -1 -1 -3 -2 -2 -1 -4 -2
Exceptional Items 0
PAT 4 5 5 5 7 7 7 11 7

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. 11 17 8 10 9 7 3 7 9
Cash Fr. Inv. -8 -13 -2 -4 -6 -1 -2 -1 -4
Cash Fr. Finan. -3 -4 -5 -5 -3 -6 -2 -5 -4
Net Change 0 0 0 0 0 1 -1 1 1
Cash & Cash Eqvt 1 1 1 1 2 2 1 1 3

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 46.33 46.85 46.87 48.31 48.45 48.45 52.46 52.58 52.58
Public 53.67 53.15 53.13 51.69 51.55 51.55 47.54 47.42 47.42
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith a copy of Newspaper Publication of unaudited Financial Results for the quarter ended 30th June 2021 of Magna Electro Castings Limited published in Financial Express(English) and Malai Malar(Tamil) on 31st July 2021 pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Fri, 30 Jul 2021
Board Meeting Outcome for Outcome Of Board Of Directors Meeting Held On 30Th July 2021
The Board of Directors at its meeting held on 30th July 2021 inter alia have considered and approved the unaudited financial results of the Company for the quarter ended 30th June 2021.
Fri, 30 Jul 2021
Unaudited Financial Results For The Quarter Ended 30Th June 2021
We enclose the unaudited financial results of the Company for the quarter ended 30th June 2021 as approved by the Board of Directors at their meeting held on 30th July 2021 along with the Limited Review Report issued by the Statutory Auditors.

Technical Scans View Details

Mon, 02 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Opening at High Opening at High
Close Within 52 Week High Zone Close Within 52 Week High Zone
5 SMA Crossing 20 SMA From Above 5 SMA Crossing 20 SMA From Above

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 213,730.70 7,199.95 +1.8%
Bajaj Auto Ltd. 111,135.74 3,830.05 -0.3%
Tata Motors Ltd. 98,546.73 303.75 +2.3%
Mahindra & Mahindra Ltd. 94,215.35 771.65 +1.8%
Motherson Sumi Systems Ltd. 74,053.56 236.50 +0.8%
Eicher Motors Ltd. 71,145.24 2,651.45 +1.9%
Hero MotoCorp Ltd. 55,584.54 2,821.10 +1.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 41.64 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-06 19.73 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-06 0.00 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 51.98 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 71.27 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 52.82 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 19.05 2,821.10 +1.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 4.04 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-06 3.92 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-06 1.94 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.28 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.34 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 6.26 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 3.61 2,821.10 +1.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-03 2.46 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 0.01 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,821.10 +1.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -22.17 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 12.37 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,821.10 +1.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -1.27 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 16.42 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,821.10 +1.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 8,720.35 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,821.10 +1.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 7,199.95 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,830.05 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 771.65 +1.8%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 236.50 +0.8%
Eicher Motors Ltd. Consolidated 2021-03 1,315.76 2,651.45 +1.9%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,821.10 +1.4%