Founded in 1900, the INR 742 Billion Murugappa Group is one of India’s leading business conglomerates. The Group has 29 businesses including nine listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.
P&L Statement | 2021 | 2022 | 2023 | 2024 |
Revenue | 232.89 | 207 | 216 | 233 |
Cost of Material Consumed | 62.55 | 57 | 61 | 65 |
Gross Margins | 73.14 | 72.46 | 71.76 | 72.1 |
Change in Inventory | 8.8 | 5 | -2 | -3 |
Employee Benefit Expenses | 85.41 | 89 | 97 | 113 |
Other Expenses | 72.39 | 59 | 64 | 69 |
EBITDA | 3.74 | -3 | -4 | -11 |
OPM | 1.61 | -1.45 | -1.85 | -4.72 |
Other Income | 2.81 | -4 | 7 | 7 |
Finance Cost | 0.47 | 0.2 | 0.2 | 0.22 |
D&A | 5.38 | 6 | 5 | 5 |
EBIT | -1.64 | -9 | -9 | -16 |
EBIT Margins | -0.7 | -4.35 | -4.17 | -6.87 |
PBT | 18.29 | -14 | -4 | -7 |
PBT Margins | 7.85 | -6.76 | -1.85 | -3 |
Tax (2021) | 4.37 | 0 | 0 | 0.5 |
PAT | 13.92 | -14 | -4 | -7.5 |
NPM | 5.98 | -6.76 | -1.85 | -3.22 |
EPS | 37.12 | -37.33 | -10.67 | -20 |
Financial Ratios | 2021 | 2022 | 2023 | 2024 |
Operating Profit Margin | 1.61 | -1.45 | -1.85 | -4.72 |
Net Profit Margin | 5.98 | -6.76 | -1.85 | -3.22 |
Earning Per Share (Diluted) | 37.12 | -37.33 | -10.67 | -20 |
Assets | 2021 | 2022 | 2023 | 2024 |
Fixed Assets | 40.31 | 47 | 45 | 44 |
CWIP | 12.02 | 7.5 | 7 | 7 |
Investments | 18.84 | 19 | 21 | 14 |
Trade Receivables | 9.96 | 6 | 5 | 6 |
Inventory | 29.88 | 27 | 28 | 31 |
Other Assets | 46.16 | 23.5 | 19 | 12 |
Total Assets | 157.17 | 130 | 125 | 114 |
Liabilities | 2021 | 2022 | 2023 | 2024 |
Share Capital | 3.75 | 3.75 | 3.75 | 3.75 |
FV | 10 | 10 | 10 | 10 |
Reserves | 96.74 | 79 | 73 | 62 |
Borrowings | 0 | 0 | 0 | 0 |
Trade Payables | 31.79 | 24 | 25 | 26 |
Other Liabilities | 24.89 | 23.25 | 23.25 | 22.25 |
Total Liabilities | 157.17 | 130 | 125 | 114 |
Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
PBT | 18.29 | -14 | -4 | -7 |
OPBWC | 22.34 | -3 | -4.6 | -9 |
Change in Receivables | -6.6 | 4 | 0.17 | -0.03 |
Change in Inventories | -9.79 | 3 | -1.34 | -3 |
Change in Payables | 15.02 | -8 | 0.82 | 1.18 |
Other Changes | 1.77 | 0 | 5 | 4.12 |
Working Capital Change | 0.4 | -1 | 4.65 | 2.27 |
Cash Generated From Operations | 22.74 | -4 | 0.05 | -6.73 |
Tax | -2.45 | -2 | 0 | -0.12 |
Cash Flow From Operations | 20.29 | -6 | 0.05 | -6.85 |
Purchase of PPE | -15.91 | -1 | -0.5 | -1 |
Sale of PPE | 0.26 | 0 | 0 | 0.2 |
Cash Flow From Investment | -20.95 | 11 | 0.29 | 8.16 |
Borrowing | 0 | 0 | 0 | 0 |
Divided | 0 | -4 | 0 | 0 |
Equity | 0 | 0 | 0 | 0 |
Others From Financing | -0.74 | -0.49 | -0.51 | -0.49 |
Cash Flow from Financing | -0.74 | -4.49 | -0.51 | -0.49 |
Net Cash Generated | -1.4 | 0.51 | -0.17 | 0.82 |
Cash at the Start | 2.44 | 1.03 | 1.55 | 1.39 |
Cash at the End | 1.04 | 1.54 | 1.38 | 2.21 |
Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
Promoters | 77.90% | 77.90% | 77.90% | 77.90% |
Others | 22.10% | 22.10% | 22.10% | 22.10% |