Morarjee Textiles quarterly results and financials

Morarjee Textiles (MORARJEE)₹4.30+4.88%(9 Nov 2026 close)Other Textile Products

Key facts

In the Mar 2024 quarter (standalone), Morarjee Textiles reported sales of ₹12.96 Cr, down 74.5% from Mar 2023, and net profit of −₹106 Cr. For the year to Mar 2024, sales were ₹32.90 Cr and net profit −₹201 Cr.

Sales (Mar 2024): ₹12.96 Cr
Net profit (Mar 2024): −₹106 Cr
Sales (FY Mar 2024): ₹32.90 Cr
Net profit (FY Mar 2024): −₹201 Cr
EPS (Mar 2024): ₹−29.18
Borrowings (Mar 2024): ₹506 Cr

Company filings, standalone accounts; latest reported quarter Mar 2024

Morarjee Textiles quarterly results

₹ crore unless stated; each column is a quarter.

Morarjee Textiles Quarterly results
	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	56.80	57.82	76.75	79.68	44.86	51.81	58.82	50.86	10.96	0.00	8.98	12.96
Expenses	53.98	60.89	72.88	77.87	59.98	64.93	69.89	64.91	20.99	−5.99	14.99	25.99
Operating Profit	2.99	−2.99	3.99	1.99	−14.94	−12.95	−10.96	−12.95	−9.96	5.98	−5.98	−11.96
OPM %	4.4%	−4.5%	6.0%	2.1%	−34.0%	−24.0%	−19.0%	−26.0%	−95.0%	—	−63.0%	−94.0%
Other Income	1.01	0.00	0.00	0.00	0.00	0.00	0.00	−32.14	−1.01	−6.02	0.00	0.00
Interest	16.99	16.97	18.96	19.96	19.98	20.96	21.97	16.96	20.95	21.96	19.98	87.84
Depreciation	5.98	5.99	5.99	5.98	5.99	5.98	5.98	4.99	4.98	4.98	4.98	4.99
Profit before tax	−18.97	−24.95	−19.95	−23.95	−39.91	−38.96	−38.95	−67.91	−36.93	−27.96	−30.93	−105
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.0%	0.0%	1.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−32.96	−8.99	−5.99	0.00	0.00
Net Profit	−19.01	−24.99	−20.02	−24.02	−40.01	−38.99	−39.03	−67.99	−36.99	−28.01	−31.02	−106
EPS (Rs)	−5.34	−6.98	−5.48	−6.55	−11.18	−10.66	−10.67	−18.72	−10.18	−7.78	−8.47	−29.18

Morarjee Textiles profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Morarjee Textiles Profit and loss
	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	391	364	336	376	360	348	381	193	271	206	32.90	32.90
Expenses	316	306	283	314	292	308	339	191	266	259	54.98	55.98
Operating Profit	75.79	59.79	53.79	61.79	68.78	40.84	41.87	2.99	5.97	−51.78	−21.93	−21.92
OPM %	19.0%	16.0%	16.0%	16.0%	19.0%	12.0%	11.0%	1.4%	2.2%	−25.0%	−68.0%	−66.6%
Other Income	0.00	1.01	2.01	7.03	6.02	2.01	2.01	1.01	1.01	−31.13	−6.03	−7.03
Interest	24.96	18.97	22.96	39.95	50.89	53.91	56.87	54.87	71.85	79.82	150	151
Depreciation	15.95	9.98	9.97	18.95	22.95	22.92	23.93	22.92	22.92	21.95	20.96	19.93
Profit before tax	33.93	31.92	23.95	9.98	0.99	−33.95	−36.95	−73.89	−87.82	−185	−201	−201
Tax %	18.1%	36.1%	30.1%	−13.9%	50.1%	−28.9%	−28.9%	−16.9%	0.0%	0.0%	0.0%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−32.96	−15.98	−14.98
Net Profit	27.99	21.02	16.99	12.01	0.00	−24.02	−26.01	−62.06	−88.09	−185	−201	−202
EPS (Rs)	7.79	5.72	4.56	3.26	0.12	−6.76	−7.22	−17.03	−24.34	−51.25	−55.62	−55.61
Dividend payout %	32.0%	31.0%	31.0%	43.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Morarjee Textiles balance sheet

₹ crore, at each year end.

Morarjee Textiles Balance sheet
	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	25.02	25.02	25.03	25.01	24.97	24.99	25.03	25.03	24.99	25.03	25.03	25.04
Reserves	57.07	72.10	83.13	91.15	87.94	82.07	58.08	32.09	−30.06	−119	−305	−507
Borrowings	228	225	220	381	500	521	510	380	517	526	515	506
Other Liabilities	87.58	87.58	97.61	117	123	104	128	247	144	194	266	415
Total Liabilities	398	411	426	614	737	732	721	685	656	626	503	440
Fixed Assets	234	222	217	295	510	498	476	454	431	409	387	365
CWIP	2.01	9.03	15.05	70.23	3.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	9.03	9.03	9.03	9.03	5.01	5.02	5.02	1.01	1.01	1.01	0.00	0.00
Other Assets	153	171	185	240	218	230	241	229	224	217	116	74.14
Inventories	67.72	73.66	78.69	85.68	98.54	104	105	84.67	63.80	65.70	32.86	15.93
Trade receivables	57.85	60.85	63.81	70.76	59.78	53.85	40.91	34.93	34.91	20.94	4.98	1.99
Cash & equivalents	0.99	0.99	0.00	7.99	0.99	5.99	9.99	1.99	6.99	17.99	3.99	3.99
Total Assets	398	411	426	614	737	732	721	685	656	626	503	440

Morarjee Textiles cash flow

₹ crore, for each year.

Morarjee Textiles Cash flow
	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from operating activity	89.69	54.83	47.85	38.85	60.84	52.86	69.73	174	−97.62	17.93	7.97	2.99
Cash from investing activity	−53.98	−10.01	−11.01	−162	−135	−8.01	−1.01	5.99	0.00	0.00	0.00	1.99
Cash from financing activity	−35.99	−44.06	−37.05	131	73.99	−43.04	−65.08	−187	103	−5.99	−22.03	−3.01
Net cash flow	0.00	0.00	0.00	8.02	0.00	2.01	4.01	−6.01	5.01	12.02	−14.01	2.01
Capex	54.35	10.55	11.21	174	143	6.06	1.65	0.34	0.77	0.31	0.10	0.02
Free cash flow	36.14	44.18	37.12	−123	−82.27	47.20	69.30	176	−99.38	18.06	7.02	3.01
CFO / OP %	144.0%	81.0%	92.0%	79.0%	102.0%	82.0%	173.0%	415.0%	−3,660.0%	298.0%	−15.0%	−14.0%

Morarjee Textiles ratios

Working-capital days and returns, by year.

Morarjee Textiles Ratios
	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	59	58	65	78	60	55	44	35	68	29	10	20
Inventory days	171	175	204	264	320	394	330	215	314	208	100	226
Days payable	113	90	98	176	253	236	292	225	412	242	248	1,076
Cash conversion cycle	117	144	171	167	127	214	83	26	−29	−4	−138	−829
Working capital days	−103	−39	−20	−21	−70	−10	−69	−158	−422	−505	−1,098	−9,586
ROCE %	16.0%	19.0%	16.0%	11.0%	9.0%	8.0%	3.0%	4.0%	−4.0%	−3.0%	−22.0%	−25.9%

Morarjee Textiles: frequently asked questions

What are the latest quarterly results of Morarjee Textiles?

For the Mar 2024 quarter, Morarjee Textiles reported sales of ₹12.96 Cr, down 74.5% year on year and net profit of −₹106 Cr. The operating margin was −94.0%.

What is the annual revenue of Morarjee Textiles?

Morarjee Textiles' sales for the year to Mar 2024 were ₹32.90 Cr; over the last twelve months they were ₹32.90 Cr.

What is the net profit of Morarjee Textiles?

Net profit for the year to Mar 2024 was −₹201 Cr, and −₹202 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−55.61.

How much debt does Morarjee Textiles have?

Morarjee Textiles reported borrowings of ₹506 Cr at Mar 2024, against cash and equivalents of ₹3.99 Cr.

What is the free cash flow of Morarjee Textiles?

Cash from operations was ₹2.99 Cr in the year to Mar 2024; after capital spending, free cash flow was ₹3.01 Cr.

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