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Morarjee Textiles Ltd logo

Morarjee Textiles Ltd

NSE: MORARJEE BSE: 532621

₹9.68

(4.99%)

Mon, 25 May 2026, 04:44 pm

Morarjee Textiles Share Price Live Chart

1 Day

(4.99%)

No Result Found

Summary

  • Market Cap

    37.97

  • Net Profit

    -185.25

  • P/B

    -0.22

  • Sector P/E

    34.05

  • P/E

    0

  • EV/EBITDA

    0

  • Debt/Equity (Industry)

    0.97

  • Interest Cover (Industry)

    1.98

  • ROCE (Industry)

    6.29

  • RONW (Industry)

    4.90

  • ROE

    0

  • ROCE

    0

  • Debt/Equity

    0

  • EPS (TTM)

    0

  • Dividend Yield

    0

  • Book Value

    -94.47

  • Interest Cover

    -0.92

Analysis

all

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Pros

  • Whilst loss making Morarjee Textiles has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -22.3% per year.
  • Whilst loss making Morarjee Textiles has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • The average tenure for the Morarjee Textiles board of directors is over 10 years, this suggests they are a seasoned and experienced board.
  • Rajendar's compensation has been consistent with company performance over the past year, both up more than 20%.
  • The average tenure for the Morarjee Textiles management team is over 5 years, this suggests they are a seasoned and experienced team.
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Cons

  • Unable to calculate sustainability of dividends as Morarjee Textiles has not reported any payouts.
  • Unable to evaluate Morarjee Textiles's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Morarjee Textiles's dividend against the top 25% market benchmark as the company has not reported any payouts.
  • Morarjee Textiles's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Debt is not well covered by operating cash flow (17.2%, less than 20% of total debt).

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Financials

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Ratios

No Result Found

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Shareholding

ShareholdersMAR 2025DEC 2024SEPT 2024JUN 2024MAR 2024
Promoters59.7159.7159.7159.7159.71
FII00000
DII4.014.014.014.014.01
Public36.2736.2736.2736.2736.27
Government00000

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Technical Analysis

RSI

-

MACD

-

50 DMA

-

200 DMA

-

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic-------
Fibonacci-------
Camarilla-------

Pivots Level: Classic

R3

+-

-

R2

+-

-

R1

+-

-

-
-
Pivot Point
LTP: -

S1

--

-

S2

--

-

S3

--

-

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    -

  • 20-EMA

    -

  • 30-EMA

    -

  • 50-EMA

    -

  • 100-EMA

    -

  • 200-EMA

    -

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Corporate Actions

Announcement DatePurposeActionEx Date
07 Sept 2023agm
20 Aug 2023agmAnnual General Meeting21 Sept 2023
01 Aug 2022agm
17 Jul 2022agmAnnual General Meeting19 Aug 2022
05 Jul 2021agm
22 Jun 2021agmAnnual General Meeting24 Jul 2021
17 Aug 2020agmAnnual General Meeting19 Sept 2020
22 Jul 2019agmAnnual General Meeting24 Aug 2019
19 Jun 2018agmAnnual General Meeting21 Jul 2018
10 Jul 2017dividendAnnual General Meeting/Dividend - Rs 1.40 Per Share12 Aug 2017

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Peer Comparison

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Morarjee Textiles Ltd About

Morarjee Textiles mainly deals in manufacture of yarn and fabric.

Industry

Textiles - Products

Founded

1995

Headquarters

CEO

Urvi A Piramal

Employees

Contact

Website icon

Website

http://www.morarjeetextiles.com

Email icon

Email

corporatesecretarial@ashokpiramalgroup.com

Phone icon

Phone

91-22-6615 4651

Location icon

Location

2 Peninsula Spenta MM Compound, Senapati Bapat Marg LowerParel, Mumbai, Maharashtra, 400013

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Morarjee Textiles Ltd Company History

YearHistory
2003
  • MRL acquired the entire equity stake held by Brembana in the company for US$ 1 million.
  • MRL undertook a restructuring exercise and transferred its textile business to the company.
2006
  • The company issued rights in the ratio of 3:4.
2009
  • Ms. Rupa Desai was appointed Company Secretary and Compliance Officer.
  • The company issued rights in the ratio of 1:1.
2013
  • The Board recommended a dividend of Rs. 1.75 per share on equity shares of Rs. 7 each.
2014
  • The Board recommended a dividend of Rs. 2.45 per share on equity shares of Rs. 7 each.

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Deals

Client NameDeal TypeOrder SideQTYAvg PriceDate
MITTAL RIMPYbulkBuy24153026.919 Jan 2024
MITTAL RIMPYbulkSell24153027.2619 Jan 2024
AMRITA JAINbulkBuy2370142407 Sept 2023
MAHESHWARI RAHUL PREMLATAbulkSell16138923.6707 Sept 2023
MAHESHWARI RAHUL PREMLATAbulkBuy21138923.3907 Sept 2023
AMRITA JAINbulkSell19991623.8907 Sept 2023
MITTAL RIMPYbulkSell27341421.8228 Aug 2023
MITTAL RIMPYbulkBuy27341421.6628 Aug 2023
SUNITA GUPTAbulkSell19202221.1528 Aug 2023
MITTAL RIMPYbulkBuy23389522.1723 Aug 2023

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Morarjee Textiles Ltd News

Morarjee Textiles IMC Holds First Meeting on May 13

Morarjee Textiles' IMC scheduled its first meeting on May 13, 2026 at 4:00 PM via video-conferencing, following its constitution under the NCLT-approved INR 156 Cr resolution plan.

13 May 2026

companies

Morarjee Textiles IMC Constituted Post NCLT Plan Approval

Morarjee Textiles' IMC formed on May 13, 2026, comprising RP Ravi Sethia, SSIPL's advocate, and Indian Bank, following NCLT's approval of the INR 156 Cr resolution plan.

13 May 2026

companies

NCLT Approves INR 156 Cr Resolution Plan for Morarjee Textiles

NCLT Mumbai approves Shrinivas Spintex's INR 156 Cr resolution plan for Morarjee Textiles. SRA to hold 94.9% post-CIRP; fair value at INR 229.01 Cr, liquidation value at INR 140.48 Cr.

13 May 2026

companies

Morarjee Textiles NCLT Resolution Plan: Key Details

NCLT Mumbai approves Shrinivas Spintex's INR 156 Cr resolution plan for Morarjee Textiles. Pre-CIRP net worth stood at INR -47,975 lacs; SRA to hold 94.9% post-CIRP.

13 May 2026

companies

NCLT Approves Morarjee Textiles Resolution Plan Worth INR 156 Cr

NCLT Mumbai approved Shrinivas Spintex Industries' INR 156 crore resolution plan for Morarjee Textiles. Post-CIRP, SRA will hold 94.9% stake; public shareholding at 5.1%.

12 May 2026

companies

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