Flash Finance

Morarjee Textiles LimitedMORARJEECorporate

Textiles - Products Latest results: Dec 2023 13 quarters of data
Consolidated Standalone
₹5.85
MCap ₹20 Cr
Morarjee Textiles Limited — Stock analysis & AI research Morarjee Textiles Limited — Seasonality — best & worst months Morarjee Textiles Limited — Technical setup — score, trend, support & resistance Morarjee Textiles Limited — Live exchange announcements
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹9 Cr
Sales · Dec 2023
-84.7% YoY
₹-6 Cr
Operating Profit · Dec 2023
+45.5% YoY
-66.7%
OPM % · Dec 2023
-258.6% YoY
₹-31 Cr
Net Profit · Dec 2023
+20.5% YoY
₹-8.45
EPS · Dec 2023
+20.6% YoY

📝 Morarjee Textiles Limited — results explained

Quarter ended December 2023 (Q3 FY24)

Morarjee Textiles Limited reported revenue of ₹9 crore for the quarter ended December 2023 (Q3 FY24), down 84.7% from ₹59 crore in the same quarter last year.

The company reported a net loss of ₹31 crore, against a net loss of ₹39 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-8.45.

Operating profit stood at ₹-6 crore — an operating margin (OPM) of -66.7%, compared with -18.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, Morarjee Textiles Limited posted revenue of ₹20 crore, a decline of 90.3% over FY23, with a net loss of ₹96 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹71 crore with a net loss of ₹164 crore.

Valuation snapshot

At the current price of ₹5.85, MORARJEE has a market capitalisation of ₹20 crore.

Within the Textiles - Products industry, it is the 25th-largest of the 58 companies we track by market value.

Shareholding pattern

As of Mar 2025, promoters held 59.71%, domestic institutional investors (DIIs) 4.02%, public shareholders 32.11% of Morarjee Textiles Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹20 Cr
Current Price ?
₹5.8
P/E ?
N/A
Industry P/E ?
21.80
P/B ?
-0.06
P/S ?
0.29
P/FCF ?
2.91
Enterprise Value ?
₹542 Cr
EV/EBITDA ?
-23.58
PEG ?
N/A
Earnings Yield ?
-7.9%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹71 Cr
OPM ?
-32.4%
Profit after tax (TTM) ?
₹-164 Cr
EPS (TTM) ?
₹-47.10
ROCE ?
-22.0%
ROE ?
47.7%
ROA ?
-35.4%
Growth
Sales — latest qtr ?
₹9 Cr
PAT — latest qtr ?
₹-31 Cr
YoY qtr sales growth ?
-84.7%
YoY qtr profit growth ?
20.5%
Sales growth (3y) ?
-18%
Sales growth (5y) ?
-11%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹522 Cr
Debt to Equity ?
-1.52
Interest Coverage ?
-0.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
59.71%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-50.5%
Return 6 months ?
-21.5%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023 YoY % QoQ %
Sales 746557587780455259511109 -84.7% —
Operating Profit 873-342-15-13-11-13-106-6 +45.5% -200.0%
Other Income 001000000-32-1-60 — +100.0%
Interest 15151717192020212217212220 -9.1% -9.1%
Depreciation 6666666665555 -16.7% +0.0%
Profit Before Tax -13-14-19-25-20-24-40-39-39-68-37-28-31 +20.5% -10.7%
Net Profit -13-14-19-25-20-24-40-39-39-68-37-28-31 +20.5% -10.7%
EPS -3.67-3.77-5.33-6.96-5.46-6.53-11.15-10.63-10.64-18.62-10.16-7.75-8.45 +20.6% -9.0%
OPM % 10.8% 10.8% 5.3% -5.2% 5.2% 2.5% -33.3% -25.0% -18.6% -25.5% -90.9% — -66.7% -258.6% —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY23 FY24 TTM YoY %
Sales ₹207 Cr ₹20 Cr ₹71 Cr -90.3%
Operating Profit ₹-52 Cr ₹-10 Cr ₹-23 Cr +80.8%
OPM % -25.12% -50.00% -32.39% -99.0%
NPM % -89.86% -480.00% -230.99% -434.2%
Other Income ₹-32 Cr ₹-7 Cr ₹-39 Cr +78.1%
Depreciation ₹23 Cr ₹15 Cr ₹20 Cr -34.8%
Interest ₹80 Cr ₹63 Cr ₹80 Cr -21.2%
EBIT ₹-75 Cr ₹-25 Cr ₹-43 Cr +66.7%
PBT ₹-186 Cr ₹-96 Cr ₹-164 Cr +48.4%
Tax — — — —
Net Profit ₹-186 Cr ₹-96 Cr ₹-164 Cr +48.4%
EPS ₹-51.04 ₹-26.36 ₹-44.98 +48.4%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2021Mar 2022Mar 2023Sep 2023 % Chg
Equity Capital 25252525 +0.0%
Reserves -30-119-304-369 -21.4%
Borrowings 517525515522 +1.4%
Other Liabilities 145195267284 +6.4%
Total Liabilities 657627504463 -8.1%
Fixed Assets 432410388377 -2.8%
CWIP 0000 —
Investments 1000 —
Other Assets 22421711686 -25.9%
Total Assets 657627504463 -8.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2020Mar 2021Mar 2022Mar 2023 % Chg
Cash from Operating Activity 175-98188 -55.6%
Cash from Investing Activity 6-0-0-0 —
Cash from Financing Activity -187103-6-22 -266.7%
Net Cash Flow -6512-14 -216.7%
Free Cash Flow 175-99187 -61.1%
CFO/OP 415%-3,660%298%-15% -105.0%

➗ Ratios (latest 4 periods)

Metric Mar 2020Mar 2021Mar 2022Mar 2023 % Chg
Debtor Days 3467289 -67.9%
Inventory Days 216315209101 -51.7%
Days Payable 225412242248 +2.5%
Cash Conversion Cycle 25-30-5-139 -2680.0%
Working Capital Days -158-422-505-1,098 -117.4%
ROCE % 4%-4%-3%-22% -633.3%

👥 Shareholding (latest 4 periods)

Metric Jun 2024Sep 2024Dec 2024Mar 2025 % Chg
Promoters 59.71%59.71%59.71%59.71% +0.0%
DIIs 4.02%4.02%4.02%4.02% +0.0%
Public 32.13%32.11%32.10%32.11% +0.0%
Others 4.16%4.16%4.16%4.16% +0.0%
No. of Shareholders 16,58716,42716,48316,418 -0.4%

⚖️ Peer comparison

Industry: Textiles - Products · top 25 of 58 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 WELSPUNLIV Welspun Living ₹208.15 19,734 70.4 9,933 287 8.9% 2.9% -10.9% -66.9% 23.6% 82.7%
2 MANYAVAR Vedant Fashions ₹540.00 13,121 — — — — — 0.9% -3.2% — —
3 PGIL Pearl Global ₹1,337.00 12,351 19.9 5,325 304 9.7% 5.7% 11.5% 17.0% 24.5% 51.4%
4 GARFIBRES Garware Technical ₹800.60 7,818 40.0 1,528 198 18.5% 13.0% -0.8% -14.3% -1.6% -19.7%
5 V2RETAIL V2 Retail ₹209.18 7,627 42.9 3,432 179 14.8% 5.2% 62.8% 124.8% 57.7% 69.7%
6 ABFRL Aditya Birla ₹50.50 6,145 — 8,372 -641 8.0% -7.7% 11.2% -125.9% 10.6% -315.0%
7 GOKEX Gokaldas Exports ₹725.35 5,315 51.6 4,186 103 8.9% 2.5% 3.2% -36.8% 20.7% 6.8%
8 JINDWORLD Jindal Worldwide ₹51.24 5,137 61.0 2,300 85 5.4% 3.7% -0.2% -8.3% 2.7% 90.6%
9 SHOPERSTOP Shoppers Stop ₹384.35 4,236 — 5,284 -11 14.9% -0.2% 9.0% -427.5% 8.7% 115.5%
10 RAYMONDLSL Raymond Lifestyle ₹627.25 3,820 88.1 6,972 43 9.6% 0.6% 10.0% 20.1% 5.9% -14.0%
11 SBC SBC Exports ₹63.20 3,010 78.0 531 38 8.6% 7.2% 34.4% 75.0% 94.0% 0.0%
12 KKCL Kewal Kiran ₹486.20 2,996 20.2 1,258 161 19.9% 12.8% 21.0% 2.2% 19.4% 28.2%
13 JINDALPOLY Jindal Poly ₹667.70 2,924 — 2,152 -991 -28.5% -46.0% -52.4% -1066.6% -35.8% 193.6%
14 SPAL S. P. ₹936.65 2,355 22.4 1,576 106 14.3% 6.7% 13.0% 6.6% -0.6% 20.4%
15 KITEX Kitex Garments ₹117.34 2,341 55.9 516 42 3.9% 8.1% -39.8% -62.8% -38.5% -57.2%
16 CANTABIL Cantabil Retail ₹240.92 2,015 21.1 852 96 31.0% 11.2% 18.1% 27.2% 15.0% 26.1%
17 KARNIKA Karnika Industries ₹311.35 1,930 59.6 263 32 15.6% 12.3% 53.1% 78.6% 17.4% 15.2%
18 GOCOLORS Go Fashion ₹303.60 1,597 30.4 838 53 27.4% 6.4% -1.2% -36.7% 0.0% -25.9%
19 DOLLAR Dollar Industries ₹266.80 1,513 13.5 1,887 112 10.9% 5.9% 10.0% 16.6% 1.4% 20.4%
20 IRISDOREME Iris Clothings ₹63.72 1,213 74.1 191 16 15.3% 8.5% 30.5% 23.5% 50.4% 43.5%
21 UNITEDPOLY United Polyfab ₹50.88 1,168 45.8 679 25 7.3% 3.8% 12.7% 44.0% 12.1% 80.8%
22 MONTECARLO Monte Carlo ₹515.00 1,068 10.2 1,286 105 17.1% 8.2% 15.9% 38.1% 7.6% -44.4%
23 RUPA Rupa ₹129.98 1,034 13.8 1,278 75 9.3% 5.9% 1.6% -13.2% 10.1% 49.7%
24 HIMATSEIDE Himatsingka Seide ₹64.11 806 14.4 2,479 56 13.4% 2.3% -9.5% -18.5% -5.4% -54.2%
25 MORARJEE Morarjee Textiles ₹8.33 29 — 71 -164 -32.4% -231.0% -90.3% 48.4% -84.7% 20.5%
❓ Frequently asked questions
What was Morarjee Textiles Limited's revenue in Q3 FY24?
Morarjee Textiles Limited reported revenue of ₹9 crore for the quarter ended December 2023 (Q3 FY24), down 84.7% from ₹59 crore in the same quarter last year.
What was Morarjee Textiles Limited's net profit in Q3 FY24?
The company reported a net loss of ₹31 crore, against a net loss of ₹39 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-8.45.
What is MORARJEE's market capitalisation and P/E ratio?
At the current price of ₹5.85, MORARJEE has a market capitalisation of ₹20 crore.
Who owns Morarjee Textiles Limited? (shareholding pattern)
As of Mar 2025, promoters held 59.71%, domestic institutional investors (DIIs) 4.02%, public shareholders 32.11% of Morarjee Textiles Limited.
TTM ends 2023-12-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI