Morarjee Textiles
MORARJEE NSE
Morarjee Textiles
Consumer DiscretionaryNSE: MORARJEE BSE: 532621 Textiles & Apparels
Key Fundamentals
MicrocapTextile ProductsTextilesMarket Cap
₹33.50 Cr
P/E Ratio
-0.2
EBITDA
₹-50.50 Cr
Return on Equity
66.55%
Debt to Equity
0
Book Value
₹-132.04
52W High
₹12.41
52W Low
₹5.58
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
4- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -37.7% over past five years.
- Contingent liabilities of Rs.27.7 Cr.
- Company's cost of borrowing seems high
Growth Rate
Revenue Growth
-23.88% higher than
3Y
Net Income Growth
110% lower than
3Y
Cash Flow Change
-57.98% lower than
3Y
ROE
-29.52% lower than
3Y
ROCE
-387% higher than
3Y
EBITDA Margin (Avg.)
—
Quarterly Results
| Particulars | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 57 | 58 | 77 | 80 | 45 | 52 | 59 | 51 | 11 | 0 | 9 | 13 |
| Expenses | 57 | 54 | 61 | 73 | 78 | 60 | 65 | 70 | 65 | 21 | -6 | 15 | 26 |
| Operating Profit | 7 | 3 | -3 | 4 | 2 | -15 | -13 | -11 | -13 | -10 | 6 | -6 | -12 |
| OPM % | 11% | 4.4% | -4.5% | 6% | 2.1% | -34% | -24% | -19% | -26% | -95% | — | -63% | -94% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -32 | -1 | -6 | 0 | 0 |
| Interest | 15 | 17 | 17 | 19 | 20 | 20 | 21 | 22 | 17 | 21 | 22 | 20 | 88 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| PBT | -14 | -19 | -25 | -20 | -24 | -40 | -39 | -39 | -68 | -37 | -28 | -31 | -105 |
| Tax % | 1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1% | 0% | 1% |
| Net Profit | -14 | -19 | -25 | -20 | -24 | -40 | -39 | -39 | -68 | -37 | -28 | -31 | -106 |
| EPS in Rs | -3.76 | -5.33 | -6.96 | -5.46 | -6.53 | -11.15 | -10.63 | -10.64 | -18.66 | -10.16 | -7.75 | -8.44 | -29.09 |
Profit & Loss
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 364 | 392 | 365 | 337 | 377 | 361 | 349 | 382 | 194 | 272 | 207 | 33 |
| Expenses | 299 | 316 | 306 | 283 | 315 | 292 | 308 | 340 | 191 | 266 | 259 | 55 |
| Operating Profit | 65 | 76 | 60 | 54 | 62 | 69 | 41 | 42 | 3 | 6 | -52 | -22 |
| OPM % | 18% | 19% | 16% | 16% | 16% | 19% | 12% | 11% | 1.4% | 2.2% | -25% | -68% |
| Other Income | 0 | 0 | 1 | 2 | 7 | 6 | 2 | 2 | 1 | 1 | -31 | -6 |
| Interest | 27 | 25 | 19 | 23 | 40 | 51 | 54 | 57 | 55 | 72 | 80 | 150 |
| Depreciation | 14 | 16 | 10 | 10 | 19 | 23 | 23 | 24 | 23 | 23 | 22 | 21 |
| PBT | 24 | 34 | 32 | 24 | 10 | 1 | -34 | -37 | -74 | -88 | -185 | -201 |
| Tax % | 0% | 18% | 36% | 30% | -14% | 50% | -29% | -29% | -17% | 0% | 0% | 0% |
| Net Profit | 24 | 28 | 21 | 17 | 12 | 0 | -24 | -26 | -62 | -88 | -185 | -201 |
| EPS in Rs | 6.6 | 7.77 | 5.71 | 4.55 | 3.25 | 0.11 | -6.74 | -7.19 | -16.98 | -24.28 | -51.08 | -55.45 |
| Div. Payout % | 27% | 32% | 31% | 31% | 43% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 57 | 72 | 83 | 91 | 88 | 82 | 58 | 32 | -30 | -119 | -304 | -505 |
| Borrowings | 228 | 225 | 220 | 381 | 501 | 521 | 510 | 380 | 517 | 525 | 515 | 506 |
| Other Liabilities | 88 | 88 | 98 | 117 | 124 | 105 | 129 | 248 | 145 | 195 | 267 | 415 |
| Total Liabilities | 398 | 411 | 426 | 614 | 738 | 733 | 722 | 685 | 657 | 627 | 504 | 441 |
| Fixed Assets | 234 | 222 | 217 | 296 | 512 | 499 | 477 | 455 | 432 | 410 | 388 | 366 |
| CWIP | 2 | 9 | 15 | 70 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 1 | 1 | 1 | 0 | 0 |
| Other Assets | 153 | 171 | 185 | 240 | 218 | 229 | 240 | 229 | 224 | 217 | 116 | 74 |
| Total Assets | 398 | 411 | 426 | 614 | 738 | 733 | 722 | 685 | 657 | 627 | 504 | 441 |
Cash Flow
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 90 | 55 | 48 | 39 | 61 | 53 | 70 | 175 | -98 | 18 | 8 | 3 |
| Investing | -54 | -10 | -11 | -162 | -135 | -8 | -1 | 6 | 0 | 0 | 0 | 2 |
| Financing | -36 | -44 | -37 | 131 | 74 | -43 | -65 | -187 | 103 | -6 | -22 | -3 |
| Net Cash Flow | 0 | 0 | 0 | 8 | 0 | 2 | 4 | -6 | 5 | 12 | -14 | 2 |
| Free Cash Flow | 36 | 44 | 37 | -123 | -82 | 47 | 69 | 175 | -99 | 18 | 7 | 3 |
| CFO/OP | 144 | 81 | 92 | 79 | 102 | 82 | 173 | 415 | -3,660 | 298 | -15 | -14 |
Ratios
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 57 | 64 | 77 | 59 | 54 | 43 | 34 | 67 | 28 | 9 | 19 |
| Inventory Days | 172 | 176 | 205 | 265 | 321 | 395 | 331 | 216 | 315 | 209 | 101 | 227 |
| Days Payable | 113 | 90 | 98 | 176 | 253 | 236 | 292 | 225 | 412 | 242 | 248 | 1,076 |
| Cash Conversion Cycle | 116 | 143 | 170 | 166 | 126 | 213 | 82 | 25 | -30 | -5 | -139 | -830 |
| Working Capital Days | -103 | -39 | -20 | -21 | -70 | -10 | -69 | -158 | -422 | -505 | -1,098 | -9,586 |
| ROCE % | 16% | 19% | 16% | 11% | 9% | 8% | 3% | 4% | -4% | -3% | -22% | -26% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Morarjee Textiles insights
64 extracted metrics + investor summaries across FY09–FY24.
Documents
1
Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
15h - NCLT approved Morarjee Textiles’ resolution plan on 11 May 2026. 15h - NCLT approved Morarjee Textiles’ resolution plan on 11 May 2026.
2
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
10 Mar - Morarjee Textiles: Notice of 35th Committee of Creditors meeting on 10 March 2026 at 3:00 PM. 10 Mar - Morarjee Textiles: Notice of 35th Committee of Creditors meeting on 10 March 2026 at 3:00 PM.
3
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
26 Feb - Thirty Fourth Committee of Creditors meeting held 16 February 2026 at 3:00 PM under CIRP. 26 Feb - Thirty Fourth Committee of Creditors meeting held 16 February 2026 at 3:00 PM under CIRP.
4
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
14 Jan - Notice: 33rd Committee of Creditors meeting on 16 Jan 2026 at 12:00 PM. 14 Jan - Notice: 33rd Committee of Creditors meeting on 16 Jan 2026 at 12:00 PM.
5
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
19 Dec 2025 - 31st Committee of Creditors meeting held 16 Oct 2025 at 12:30pm for Morarjee Textiles under CIRP. 19 Dec 2025 - 31st Committee of Creditors meeting held 16 Oct 2025 at 12:30pm for Morarjee Textiles under CIRP.
Frequently Asked Questions about Morarjee Textiles
What does Morarjee Textiles Ltd do?
Incorporated in 1995, Morarjee Textiles
Ltd is in the business of manufacturing
and export of shirting fabric and printed
fabric[1]
Where is Morarjee Textiles Ltd (MORARJEE) listed?
Morarjee Textiles Ltd trades as MORARJEE on the NSE and under code 532621 on the BSE.
Which sector does Morarjee Textiles Ltd belong to?
Morarjee Textiles Ltd is classified under the Consumer Discretionary sector, in the Textiles & Apparels industry.
What is the market capitalisation of Morarjee Textiles Ltd?
Morarjee Textiles Ltd has a market capitalisation of ₹33.5 Cr, which places it in the Small Cap band.
What is the PE ratio of Morarjee Textiles Ltd?
Morarjee Textiles Ltd trades at a PE ratio of -0.20, against a book value of ₹-132.04 per share.
What is the 52-week high and low of Morarjee Textiles Ltd?
Over the last 52 weeks Morarjee Textiles Ltd has traded between ₹5.58 and ₹12.41.
What is the Return on Equity (ROE) of Morarjee Textiles Ltd?
Morarjee Textiles Ltd reported a return on equity of 66.55%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1995, Morarjee Textiles Ltd is in the business of manufacturing and export of shirting fabric and printed fabric[1]
Website morarjeetextiles.com
CEO Mr. Harshvardhan Ashok Piramal B.Sc., MBA
Listed 2012-09-14
Face Value ₹ 7
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