BSE
517449

Magna Electro Castings Limited

Metal Fabrication
Industrial Goods

Prices are adjusted according to historical splits.

Magna Electro Castings Limited Stock Price

Vitals

Today's Low:
₹525
Today's High:
₹527
Open Price:
₹525
52W Low:
₹252.3508
52W High:
₹589.9942
Prev. Close:
₹523.45
Volume:
2473

Company Statistics

Market Cap.:
₹680.23 million
Book Value:
159.665
Revenue TTM:
₹849.44 million
Operating Margin TTM:
6.42%
Gross Profit TTM:
₹607.94 million
Profit Margin:
7.13%
Return on Assets TTM:
0%
Return on Equity TTM:
0%

Company Profile

Magna Electro Castings Limited had its IPO on under the ticker symbol 517449.

The company operates in the Industrial Goods sector and Metal Fabrication industry. Magna Electro Castings Limited has a staff strength of 186 employees.

Stock update

Shares of Magna Electro Castings Limited opened at ₹525 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹525 - ₹527, and closed at ₹525.

This is a +0.3% increase from the previous day's closing price.

A total volume of 2,473 shares were traded at the close of the day’s session.

In the last one week, shares of Magna Electro Castings Limited have slipped by -5.41%.

Magna Electro Castings Limited's Key Ratios

Magna Electro Castings Limited has a market cap of ₹680.23 million, indicating a price to book ratio of 0.9205 and a price to sales ratio of 0.8559.

In the last 12-months Magna Electro Castings Limited’s revenue was ₹849.44 million with a gross profit of ₹607.94 million and an EBITDA of ₹95.57 million. The EBITDA ratio measures Magna Electro Castings Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Magna Electro Castings Limited’s operating margin was 6.42% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, Magna Electro Castings Limited’s quarterly earnings growth was a negative -29.3% while revenue growth was a negative 39.7%.

Magna Electro Castings Limited’s PE and PEG Ratio

Forward PE
0
Trailing PE
12.0743
PEG

Its diluted EPS in the last 12-months stands at ₹13.21 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Magna Electro Castings Limited’s profitability.

Magna Electro Castings Limited stock is trading at a EV to sales ratio of 0.5687 and a EV to EBITDA ratio of 4.0079. Its price to sales ratio in the trailing 12-months stood at 0.8559.

Magna Electro Castings Limited stock pays annual dividends of ₹2.5 per share, indicating a yield of 1.54% and a payout ratio of 19.34%.

Balance sheet and cash flow metrics

Total Assets
₹1.19 billion
Total Liabilities
₹228.56 million
Operating Cash Flow
₹-118855000.00
Capital Expenditure
₹135.82 million
Dividend Payout Ratio
19.34%

Magna Electro Castings Limited ended 2024 with ₹1.19 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1.19 billion while shareholder equity stood at ₹943.61 million.

Magna Electro Castings Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹228.56 million in other current liabilities, 42321000.00 in common stock, ₹901.29 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹15.94 million and cash and short-term investments were ₹227.46 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.

Magna Electro Castings Limited’s total current assets stands at ₹740.14 million while long-term investments were ₹0 and short-term investments were ₹7.12 million. Its net receivables were ₹381.95 million compared to accounts payable of ₹0 and inventory worth ₹93.49 million.

In 2024, Magna Electro Castings Limited's operating cash flow was ₹-118855000.00 while its capital expenditure stood at ₹135.82 million.

Comparatively, Magna Electro Castings Limited paid ₹0.19 in dividends in 2024.

Other key metrics

Current Trading Price
₹525
52-Week High
₹589.9942
52-Week Low
₹252.3508
Analyst Target Price

Magna Electro Castings Limited stock is currently trading at ₹525 per share. It touched a 52-week high of ₹589.9942 and a 52-week low of ₹589.9942. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹498.45 and 200-day moving average was ₹377.89 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7079.1% of the company’s stock are held by insiders while 109.1% are held by institutions.

Frequently Asked Questions About Magna Electro Castings Limited

The stock symbol (also called stock or share ticker) of Magna Electro Castings Limited is 517449

The IPO of Magna Electro Castings Limited took place on

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About

Magna Electro Castings Limited manufactures and sells ductile and gray iron castings in India. The company operates in two segments, Foundry and Wind Energy. The Foundry segment offers castings, including bearing caps, frame heads, linear yokes, pedestals, push rods, valves, and valves bodies; machining consisting of diffusers, upper covers, sliding sleeves, air manifoders, axial bearings, bearing caps, rocker brackets, and coupling yokes; and austempered ductile iron parts, brg brush with steamless tube pipes, exhaust manifolds, journal box adaptors, turbo charge castings, and ductile iron valve with SS rings. The Wind Energy segment is involved in the generation of wind energy. It also exports its castings. Magna Electro Castings Limited was incorporated in 1990 and is headquartered in Coimbatore, India.

Address

43, Balasundaram Road, Coimbatore, India, 641018