Madhur Iron And Steel (Madhur Iron) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Madhur Iron And Steel

MADHUR IRON & STEEL (INDIA) Limited Balance Sheet (Rs in Lakhs)

Particulars	30-09-2024	31-03-2024
Shareholders ' Funds
Share Capital	1,323.72	661.86
Reserves and Surplus	3,786.00	3,629.31
Non-Current Liabilities
Long-Term Borrowings	385.96	401.65
Deferred Tax Liabilities (Net)	28.96	35.54
Other Long-Term Liabilities	0.03	-
Long-Term Provisions	22.08	-
Current Liabilities
Short-Term Borrowings	6,511.28	5,374.08
Trade Payables - Micro & Small Enterprises	208.83	-
Trade Payables - Other Creditors	4,751.91	2,146.35
Other Current Liabilities	297.18	249.88
Short-Term Provisions	554.70	480.31
Total Equity & Liabilities	17,870.65	12,978.98
Non-Current Assets
Property, Plant & Equipment	1,657.21	1,424.96
Intangible Assets	4.19	3.91
Capital Work-in-Progress	1.24	10.97
Long-Term Loans & Advances	5.14
Other Non-Current Assets	433.77	393.43
Current Assets
Inventories	10,752.77	9,419.90
Trade Receivables	1,020.24	179.74
Cash & Bank Balances	710.72	483.01
Short-Term Loans & Advances	2,682.62	139.32
Other Current Assets	602.75	923.75
Total Assets	17,870.65	12,978.98

MADHUR IRON & STEEL (INDIA) Limited Profit & Loss Statement (Rs in Lakhs)

Particulars	30-09-2024	31-03-2024
Revenue from Operations (Net)	14,947.97	23,937.74
Other Income	31.95	55.62
Total Income	14,979.92	23,993.36
EXPENSES
Cost of Raw Materials Consumed	9,457.12	19,639.85
Trading Goods Purchases	4,503.85	2,108.47
Changes in Inventory of Finished Goods,	-1,472.11	-1,567.20
Work-in-progress, and Stock-in-trade
Employee Benefit Expenses	130.53	169.22
Finance Cost	373.41	560.09
Depreciation and Amortisation Expenses	81.05	99.07
Other Expenses
Cost of Stores & Spares Consumed	317.53	503.2
Manufacturing Expenses	338.82	523.88
Establishment, Selling & Distribution Expenses	128.81	217.96
Total Expenses	13,859.01	22,254.54
Profit before Exceptional and Extra-ordinary Items	1,120.91	1,738.82
Exceptional Items	-9.74	24.65
Profit Before Tax	1,130.64	1,714.17
Tax Expenses
Current Tax	301.67	480.31
Deferred Tax	-0.78	8.59
Profit / (Loss) after Tax for the Period	829.75	1,225.27
Earnings Per Equity Share (EPS)
Basic	6.27	20.98
Diluted	6.27	20.98
Basic (Bonus Adjusted)	-	9.83

Financial Ratios of MADHUR IRON & STEEL (INDIA) Limited

Particulars	30-09-2024	31-03-2024
Current Ratio	1.28	1.35
Debt – Equity Ratio	2.48	2
Debt Service Coverage Ratio	4.6	4.26
Return on Equity Ratio	0.18	0.39
Inventory Turnover ratio	1.32	2.84
Trade receivables turnover ratio	24.97	103.07
Trade payables turnover ratio	3.98	8.47
Net capital turnover ratio	4.35	8.29
Net Profit Ratio	7.55	7.14
Return on capital employed	27.97	50.7
Return on investment	8.04	16.9

Here is a summary of the financial and operational metrics for MADHUR IRON & STEEL (INDIA) Limited for the years 2023 and 2022:

Current Ratio (1.28 → 1.35):
A slight decline indicates reduced short-term liquidity. However, the ratio above 1 suggests the company can meet its short-term liabilities.

Debt-Equity Ratio (2.48 → 2):
Rising debt levels point to increased leverage, possibly due to expansion or capital-intensive projects. A ratio above 2 signals high financial risk but could support growth if returns are strong.

Debt Service Coverage Ratio (4.6 → 4.26):
An improvement reflects better earnings and cash flow to cover debt obligations, indicating strong financial management.

Inventory Turnover Ratio (1.32 → 2.84):
A sharp decline suggests slower inventory movement, possibly due to demand fluctuations or increased stockholding.

Trade Receivables Turnover Ratio (24.97 → 103.07):
A drastic decrease may indicate slower collection from customers or relaxed credit terms, raising cash flow concerns.

Trade Payables Turnover Ratio (3.98 → 8.47):
Lower payables turnover suggests extended supplier payments, possibly a working capital management strategy.

Net Capital Turnover Ratio (4.35 → 8.29):
A reduced ratio indicates lower sales generation from working capital, possibly linked to slower inventory turnover and receivables collection.

Return on Equity (ROE) (0.18 → 0.39):
A notable drop suggests reduced profitability or higher equity capital. It may indicate slower profit growth or equity issuance.

Net Profit Ratio (7.55% → 7.14%):
An increase in net profit margin shows improved cost management or increased sales efficiency.

Return on Capital Employed (ROCE) (27.97% → 50.7%):
A significant decline may indicate reduced operating efficiency, possibly due to increased capital investment or reduced earnings before interest and taxes (EBIT).

Return on Investment (ROI) (8.04% → 16.9%):
Lower ROI highlights reduced investment returns, possibly from increased operational costs or capital outflows.