Maris Spinners Limited

Company Profile

Maris Spinners Limited had its IPO on under the ticker symbol 531503.

The company operates in the Industrial Goods sector and Textile Industrial industry. Maris Spinners Limited has a staff strength of 240 employees.

Stock update

Shares of Maris Spinners Limited opened at ₹46.95 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹40.35 - ₹46.95, and closed at ₹42.31.

This is a -6.27% slip from the previous day's closing price.

A total volume of 7,025 shares were traded at the close of the day’s session.

In the last one week, shares of Maris Spinners Limited have increased by +7.49%.

Maris Spinners Limited's Key Ratios

Maris Spinners Limited has a market cap of ₹204.31 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Maris Spinners Limited’s revenue was ₹959.09 million with a gross profit of ₹411.30 million and an EBITDA of ₹30.24 million. The EBITDA ratio measures Maris Spinners Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Maris Spinners Limited’s operating margin was -1.8% while its return on assets stood at -1.62% with a return of equity of -23.27%.

In Q3, Maris Spinners Limited’s quarterly earnings growth was a positive 0% while revenue growth was a negative 10.4%.

Maris Spinners Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-5.735 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 Maris Spinners Limited’s profitability.

Maris Spinners Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Maris Spinners Limited stock pays annual dividends of ₹1 per share, indicating a yield of 6.4% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹1.33 billion

Total Liabilities

₹703.70 million

Operating Cash Flow

₹-306179000.00

Capital Expenditure

₹317.35 million

Dividend Payout Ratio

0%

Maris Spinners Limited ended 2024 with ₹1.33 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1.33 billion while shareholder equity stood at ₹303.26 million.

Maris Spinners Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹703.70 million in other current liabilities, 79248000.00 in common stock, ₹224.01 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹2.59 million and cash and short-term investments were ₹2.59 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹323.70 million.

Maris Spinners Limited’s total current assets stands at ₹583.69 million while long-term investments were ₹0 and short-term investments were ₹0. Its net receivables were ₹56.42 million compared to accounts payable of ₹0 and inventory worth ₹396.03 million.

In 2024, Maris Spinners Limited's operating cash flow was ₹-306179000.00 while its capital expenditure stood at ₹317.35 million.

Comparatively, Maris Spinners Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹42.31

52-Week High

₹111

52-Week Low

₹30.65

Analyst Target Price

₹

Maris Spinners Limited stock is currently trading at ₹42.31 per share. It touched a 52-week high of ₹111 and a 52-week low of ₹111. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹40.71 and 200-day moving average was ₹46.25 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 8498.9% of the company’s stock are held by insiders while 0% are held by institutions.