About
Morarjee Textiles Limited engages in the manufacture and sale of yarns and fabrics in India and internationally. It also offers cotton shirting fabrics; printed fabrics, including satin, cambric, poplin, lawn, and silk; yarn dyed shirting, such as prima linea, ganges, and seasonal collection; and voiles and white fabrics. The company was founded in 1871 and is based in Mumbai, India. Morarjee Textiles Limited is a subsidiary of Ashok Piramal Group Textiles Trust.
Key Metrics
as of Sep 2026Market Cap35 Cr
P/E—
Div Yield0.00 %
Book Value₹-94.60
52w High₹12.40
52w Low₹5.58
Face Value₹7.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.00 | 0.00 | 11.00 | 51.00 | 59.00 | 52.00 | 45.00 | 80.00 | 77.00 | 58.00 | 57.00 | 65.00 | 74.00 |
| Expenses | 15.00 | -6.00 | 21.00 | 64.00 | 70.00 | 65.00 | 60.00 | 78.00 | 73.00 | 61.00 | 54.00 | 57.00 | 66.00 |
| Operating Profit | -6.00 | 6.00 | -10.00 | -13.00 | -11.00 | -13.00 | -15.00 | 2.00 | 4.00 | -3.00 | 3.00 | 7.00 | 8.00 |
| OPM % | -63.00 | — | -95.00 | -26.00 | -19.00 | -24.00 | -34.00 | 2.10 | 6.00 | -4.50 | 4.40 | 11.00 | 10.00 |
| Other Income | 0.00 | -6.00 | -1.00 | -32.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Depreciation | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Interest | 20.00 | 22.00 | 21.00 | 17.00 | 22.00 | 21.00 | 20.00 | 20.00 | 19.00 | 17.00 | 17.00 | 15.00 | 15.00 |
| Profit before tax | -31.00 | -28.00 | -37.00 | -68.00 | -39.00 | -39.00 | -40.00 | -24.00 | -20.00 | -25.00 | -19.00 | -14.00 | -13.00 |
| Tax % | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Net Profit | -31.00 | -28.00 | -37.00 | -68.00 | -39.00 | -39.00 | -40.00 | -24.00 | -20.00 | -25.00 | -19.00 | -14.00 | -13.00 |
| EPS in Rs | -8.45 | -7.75 | -10.16 | -18.62 | -10.64 | -10.63 | -11.15 | -6.53 | -5.46 | -6.96 | -5.33 | -3.77 | -3.67 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 207.00 | 272.00 | 194.00 | 382.00 | 349.00 | 361.00 | 377.00 | 337.00 | 365.00 | 392.00 | 364.00 | 313.00 |
| Expenses | 259.00 | 266.00 | 191.00 | 340.00 | 308.00 | 292.00 | 315.00 | 283.00 | 306.00 | 316.00 | 299.00 | 271.00 |
| Operating Profit | -52.00 | 6.00 | 3.00 | 42.00 | 41.00 | 69.00 | 62.00 | 54.00 | 60.00 | 76.00 | 65.00 | 42.00 |
| OPM % | -25.00 | 2.20 | 1.40 | 11.00 | 12.00 | 19.00 | 16.00 | 16.00 | 16.00 | 19.00 | 18.00 | 14.00 |
| Other Income | -31.00 | 1.00 | 1.00 | 2.00 | 2.00 | 6.00 | 7.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Interest | 80.00 | 72.00 | 55.00 | 57.00 | 54.00 | 51.00 | 40.00 | 23.00 | 19.00 | 25.00 | 27.00 | 29.00 |
| Depreciation | 22.00 | 23.00 | 23.00 | 24.00 | 23.00 | 23.00 | 19.00 | 10.00 | 10.00 | 16.00 | 14.00 | 14.00 |
| Profit before tax | -185.00 | -88.00 | -74.00 | -37.00 | -34.00 | 1.00 | 10.00 | 24.00 | 33.00 | 34.00 | 24.00 | -1.00 |
| Tax % | 0.00 | 0.00 | -17.00 | -29.00 | -29.00 | 50.00 | -14.00 | 30.00 | 36.00 | 18.00 | 0.00 | 4.00 |
| Net Profit | -185.00 | -88.00 | -62.00 | -26.00 | -25.00 | 0.00 | 12.00 | 16.00 | 21.00 | 28.00 | 24.00 | -1.00 |
| EPS in Rs | -51.04 | -24.28 | -16.99 | -7.29 | -6.76 | 0.14 | 3.31 | 4.54 | 5.74 | 7.77 | 6.59 | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 42.00 | 31.00 | 31.00 | 32.00 | 27.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
| Reserves | -369.00 | -304.00 | -119.00 | -30.00 | 31.00 | 58.00 | 82.00 | 88.00 | 91.00 | 83.00 | 72.00 | 57.00 | 50.00 |
| Borrowings | 522.00 | 515.00 | 525.00 | 517.00 | 380.00 | 510.00 | 521.00 | 501.00 | 381.00 | 220.00 | 225.00 | 228.00 | 247.00 |
| Other Liabilities | 284.00 | 267.00 | 195.00 | 145.00 | 248.00 | 129.00 | 105.00 | 124.00 | 117.00 | 98.00 | 88.00 | 88.00 | 55.00 |
| Total Liabilities | 463.00 | 504.00 | 627.00 | 657.00 | 685.00 | 723.00 | 733.00 | 739.00 | 614.00 | 426.00 | 411.00 | 398.00 | 377.00 |
| Fixed Assets | 377.00 | 388.00 | 410.00 | 432.00 | 455.00 | 477.00 | 499.00 | 512.00 | 296.00 | 217.00 | 222.00 | 234.00 | 209.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 70.00 | 15.00 | 9.00 | 2.00 | 3.00 |
| Investments | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 5.00 | 5.00 | 5.00 | 8.00 | 8.00 | 8.00 | 8.00 | 0.00 |
| Other Assets | 86.00 | 116.00 | 217.00 | 224.00 | 229.00 | 240.00 | 229.00 | 218.00 | 240.00 | 186.00 | 172.00 | 154.00 | 165.00 |
| Total Assets | 463.00 | 504.00 | 627.00 | 657.00 | 685.00 | 723.00 | 733.00 | 739.00 | 614.00 | 426.00 | 411.00 | 398.00 | 377.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8.00 | 18.00 | -98.00 | 175.00 | 70.00 | 53.00 | 61.00 | 40.00 | 23.00 | 55.00 | 90.00 | 22.00 |
| Cash from Investing Activity | 0.00 | 0.00 | 0.00 | 6.00 | -1.00 | -8.00 | -135.00 | -162.00 | -11.00 | -10.00 | -54.00 | -13.00 |
| Cash from Financing Activity | -22.00 | -6.00 | 103.00 | -187.00 | -65.00 | -43.00 | 74.00 | 130.00 | -12.00 | -44.00 | -36.00 | -9.00 |
| Net Cash Flow | -14.00 | 12.00 | 5.00 | -6.00 | 4.00 | 2.00 | 0.00 | 8.00 | 0.00 | 0.00 | -1.00 | 0.00 |
| Free Cash Flow | 7.00 | 18.00 | -99.00 | 175.00 | 69.00 | 47.00 | -82.00 | -122.00 | 11.00 | 44.00 | 36.00 | 9.00 |
| CFO/OP % | -15.00 | 298.00 | -3,660.00 | 415.00 | 173.00 | 82.00 | 102.00 | 80.00 | 50.00 | 81.00 | 144.00 | 53.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.00 | 28.00 | 67.00 | 34.00 | 43.00 | 54.00 | 59.00 | 77.00 | 64.00 | 57.00 | 58.00 | 50.00 |
| Inventory Days | 101.00 | 209.00 | 315.00 | 216.00 | 331.00 | 395.00 | 321.00 | 265.00 | 205.00 | 176.00 | 172.00 | 178.00 |
| Days Payable | 248.00 | 242.00 | 412.00 | 225.00 | 292.00 | 236.00 | 253.00 | 176.00 | 98.00 | 90.00 | 114.00 | 105.00 |
| Cash Conversion Cycle | -139.00 | -5.00 | -30.00 | 25.00 | 82.00 | 213.00 | 126.00 | 166.00 | 170.00 | 143.00 | 116.00 | 124.00 |
| Working Capital Days | -1,098.00 | -505.00 | -422.00 | -158.00 | -69.00 | -10.00 | -70.00 | -21.00 | -20.00 | -38.00 | -103.00 | 4.00 |
| ROCE % | -22.00 | -3.00 | -4.00 | 4.00 | 3.00 | 8.00 | 9.00 | 11.00 | 16.00 | 19.00 | 16.00 | 9.00 |
Corporate Actions
18 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 20 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 17 Aug 2022 | — | — | — | Annual General Meeting |
| Other | 22 Jul 2021 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 22 Aug 2019 | — | — | — | Annual General Meeting |
| Other | 19 Jul 2018 | — | — | — | Annual General Meeting |
| Dividend | 10 Aug 2017 | — | — | 1.40 | |
| Dividend | 19 Jul 2016 | — | — | 1.40 | |
| Dividend | 17 Aug 2015 | — | — | 1.75 | |
| Dividend | 18 Sep 2014 | — | — | 2.45 | |
| Dividend | 02 Aug 2013 | — | — | 1.75 | |
| Other | 02 Aug 2013 | — | — | — | Annual General Meeting/Dividend Rs 1.75/- Per Equity Share |
| Other | 13 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 13 Aug 2012 | 14 Aug 2012 | — | — | Scheme of Arrangement |
| Other | 11 Sep 2009 | — | — | — | Right Issue of Equity Shares |
| Dividend | 17 Jul 2007 | — | — | 1.50 | |
| Dividend | 09 Aug 2006 | — | — | 2.50 | |
| Other | 09 Aug 2006 | — | — | — | Right Issue of Equity Shares |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Mar from brickwork
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Rating update30 Jan 2025 from brickwork
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Rating update23 Nov 2023 from brickwork
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Rating update22 Aug 2022 from brickwork
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Rating update16 Aug 2021 from brickwork
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Rating update7 Jan 2021 from brickwork