Manugraph India revenue jumped on 22.6% and EBITDA Margin increased on 6.4 pp from -2.3% to 4.1%
26-05-2016 • About Manugraph India (
$MANUGRAPH) • By InTwits
Manugraph India reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Manugraph India's Revenue surged on 22.6%. During the last 5 years Revenue growth bottomed in FY2014 at -19.8% and was accelerating since that time. Revenue growth happened at the same time with EBITDA margin expansion. EBITDA Margin increased on 6.4 pp from -2.3% to 4.1% in FY2016.
Net Income margin increased on 6.2 pp from -4.1% to 2.1% in FY2016.
Financial and operational results
Manugraph India ($MANUGRAPH) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 4,325 | 3,572 | 2,865 | 2,445 | 2,998 | 22.6% |
| EBITDA | 483 | 309 | | -57 | 123 | |
| Net Income | -266 | 110 | -80 | -99 | 64 | |
Balance Sheet
|
|---|
| Cash | 241 | 143 | | | | |
| Short Term Debt | 156 | 178 | | | | |
| Long Term Debt | 0 | | | | | |
Cash flow
|
|---|
| Capex | | 44 | | | | |
Ratios
|
|---|
| Revenue growth | 36.0% | -17.4% | -19.8% | -14.6% | 22.6% | |
| EBITDA growth | 21.5% | -36.0% | | | -315.0% | |
|
|---|
| EBITDA Margin | 11.2% | 8.7% | | -2.3% | 4.1% | 6.4% |
| Net Income Margin | -6.1% | 3.1% | -2.8% | -4.1% | 2.1% | 6.2% |
| CAPEX, % of revenue | | 1.2% | | | | |
|
|---|
| ROIC | 21.3% | | | | | |
| ROE | -12.1% | 5.3% | | | | |
| Net Debt/EBITDA | -0.2x | 0.1x | | | 0.0x |
Peers in Industrial Machinery
Below you can find Manugraph India benchmarking vs. other companies in Industrial Machinery industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Lloyd Electric & Engineering ($LLOYDELENG) | - | - | - | 22.3% | 27.3% |
| Kabra Extrusiontechnik ($KABRAEXTRU) | - | -8.7% | 28.4% | 21.6% | 10.2% |
| Akar Tools ($AKARTOOL) | 21.1% | 2.1% | -2.3% | 16.7% | - |
| Honda Siel Power Products ($HONDAPOWER) | - | 2.4% | 5.0% | 16.5% | 4.7% |
| Mazda ($MAZDALTD) | 22.1% | 14.7% | -15.6% | 16.2% | - |
| |
|---|
| Median (28 companies) | 11.3% | 2.3% | 1.6% | 3.5% | 7.6% |
|---|
| Manugraph India ($MANUGRAPH) | - | -17.4% | -19.8% | -14.6% | 22.6% |
Top companies by Gross margin, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Bell Agromachina ($BELAGRO) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| |
|---|
| Median (1 company) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
|---|
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Texmaco Infrastructure & Holdings ($TEXINFRA) | - | - | - | 40.5% | - |
| Dhp India ($DHPIND) | - | - | - | 26.3% | - |
| Shilp Gravures ($SHILGRAVQ) | - | - | - | 19.4% | - |
| Solitaire Machine Tools ($SOLIMAC) | - | - | - | 19.4% | - |
| Wendt (India) ($WENDT) | 28.3% | 21.6% | 18.6% | 19.0% | 16.5% |
| |
|---|
| Median (44 companies) | 11.4% | 9.6% | 10.5% | 10.5% | 11.4% |
|---|
| Manugraph India ($MANUGRAPH) | 11.2% | 8.7% | - | -2.3% | 4.1% |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Texmaco Infrastructure & Holdings ($TEXINFRA) | - | - | - | 14.0% | - |
| Wendt (India) ($WENDT) | 13.5% | 9.0% | 8.8% | 9.4% | 9.3% |
| Ingersoll-Rand (India) ($INGERRAND) | 4.3% | 10.9% | 3.6% | 9.2% | 6.7% |
| Kabra Extrusiontechnik ($KABRAEXTRU) | 6.5% | 1.8% | 0.5% | 8.8% | 16.2% |
| Forbes & Company ($FORBESCO) | 1.8% | 2.6% | 3.0% | 5.1% | - |
| |
|---|
| Median (23 companies) | 5.6% | 4.5% | 2.9% | 3.1% | 3.2% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Greaves Cotton ($GREAVESCOT) | - | 24.8% | 16.3% | 26.7% | 25.7% |
| Gmm Pfaudler ($GMM) | -76.2% | 6.8% | 17.4% | 18.2% | 16.1% |
| Lakshmi Machine Works ($LAXMIMACH) | 18.0% | 11.7% | 16.2% | 17.6% | 18.2% |
| Wpil ($WPIL) | - | 25.3% | 21.4% | 15.7% | 4.8% |
| Honda Siel Power Products ($HONDAPOWER) | 16.9% | 8.8% | 11.5% | 15.3% | 18.3% |
| |
|---|
| Median (53 companies) | 12.8% | 10.9% | 10.2% | 13.0% | 15.8% |
|---|
| Manugraph India ($MANUGRAPH) | 21.3% | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Forbes & Company ($FORBESCO) | 2.2x | 3.3x | 4.7x | 6.3x | - |
| Nitin Fire Protection Industries ($NITINFIRE) | 3.6x | 3.5x | 3.0x | 3.7x | - |
| Elgi Equipments ($ELGIEQUIP) | -1.2x | 2.3x | 2.7x | 3.3x | - |
| Lloyd Electric & Engineering ($LLOYDELENG) | - | - | 3.7x | 3.2x | 2.7x |
| Elecon Engineering Co ($ELECON) | 3.0x | 3.2x | 4.0x | 3.1x | 3.9x |
| |
|---|
| Median (36 companies) | 1.0x | 1.6x | 0.0x | 0.0x | 0.0x |
|---|
