1. India Stocks

  2. •

    Process industries

  3. •

    Textiles
Morarjee Textiles Limited

Morarjee Textiles Limited

8.56
INR
+0.40
(+4.90%)
-44.94EPS
838.19MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
97.19
86.11
98.8
106.33
99.31
92.69
101.02
95.35
92.02
101.34
51.62
72.44
55.02
17.59
Basic EPS, GAAP
0.93
-0.94
6.58
7.76
5.09
3.93
2.7
0.14
-6.76
-7.28
-16.97
-24.26
-50.99
-44.94
Free Cash Flow per Basic Share
4.12
2.3
9.9
12.14
3.14
-36.92
-22.48
12.84
18.85
48.09
-27.23
4.83
2.04
- -
Dividend per Share
0.01
- -
- -
4.02
-3.46
2.72
1.68
1.68
- -
- -
- -
- -
- -
- -
Book Value per Share
22.53
27.65
29.53
33.83
36.7
29.66
31.25
29.65
22.93
15.66
-1.39
-26.8
-79.94
- -
Tangible Book Value per Share
20.64
26.71
28.65
33.47
36.25
29.17
30.74
29.16
22.48
15.27
-1.73
-27.08
-80.15
- -
Basic Weighted Avg Shares
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Sales/Revenue/Turnover
3,531
3,129
3,590
3,863
3,608
3,368
3,670
3,464
3,343
3,682
1,876
2,632
1,999
639
Operating Margin (%)
7.9
10.98
15.28
16.66
13.92
13.13
11.86
13.55
5.97
5.25
-8.47
-6
-36.64
-68.18
Depreciation Expense
163
145
142
159
96
100
192
228
232
237
233
229
223
215
Net Income, GAAP
45
-13
239
282
207
165
120
5
-246
-265
-617
-881
-1,853
-1,633
Effective Tax Rate (%)
2.41
- -
0.04
18.04
36.07
30.03
- -
50.48
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1.26
-0.4
6.66
7.3
5.74
4.9
3.28
0.14
-7.34
-7.18
-32.88
-33.49
-92.68
-255.47
Working Capital
-593
44
-936
-325
-111
-77
-707
-41
-559
-1,627
-2,174
-3,584
-6,182
- -
LT Debt
1,035
1,187
419
836
892
2,389
2,836
3,391
3,140
2,327
2,140
1,558
600
- -
Total Equity
837
1,005
1,073
1,229
1,333
1,078
1,135
1,077
833
569
-51
-933
-2,783
- -
Return on Invested Capital (%)
7.2
- -
7.56
8.91
6.39
4.25
- -
4.13
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.99
- -
15.61
14.74
9.76
8.14
- -
4.08
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
3.95
-3.74
23.01
24.5
14.43
11.85
8.86
0.45
-25.71
-37.74
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
- -
4,696
- -
LT Borrowings
- -
525
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
35
36
Market Capitalization
663
743
838

Working Capital

INR

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
- -
533
- -
Cash, Cash Equivalents & STI
- -
21
- -
Accounts Receivable, Net
- -
36
- -
Inventories
- -
224
- -
Total Current Liabilities
- -
7,332
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,696
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
178.18%
355.54%
198.25%
Free Cash Flow
-165.36%
-26.04%
-57.8%
Net Income, GAAP
-489.4%
-948.42%
110.21%
Sales/Revenue/Turnover
-2.84%
-5.23%
-24.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
570
581
774
707
2,632
2023
445
520
591
443
1,999
2024
105
- -
91
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-5.32
-6.96
-5.46
-6.53
-24.26
2023
-11.14
-10.62
-10.63
-18.6
-50.99
2024
-10.15
-7.75
-8.44
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kishor Krushnaji Dhage
Full Time Employees
3,818
Sector
Process industries
Industry
Textiles
Address
Mathuradas Mills Compound Mumbai MA India 400013
IPO Date
Dec 3, 2007
Website
morarjee.com
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Business
Morarjee Textiles Limited manufactures premium cotton shirting fabrics, high-fashion printed fabrics, and related textile products including yarn dyed shirtings, printed voiles, satin, cambric, poplin, lawn, silk prints, and guthra for Arab headgear; it operates integrated facilities for spinning, yarn-dyeing, weaving, printing, processing, finishing, inspection, and packing. Founded in 1871 and headquartered in Mumbai, India, the company serves domestic and international brands such as Uniqlo, Zara, Next, H&M, Louis Philippe, and Van Heusen across 44 countries, with key markets in the Middle East, Far East, North Africa, Europe, and the African subcontinent; it specializes in high-value niche segments like color woven shirtings with fine yarn counts up to 180/2, premium voiles, and value-added yarns including organic cotton, BCI, Supima, and high-twist varieties from its 72,000-spindle capacity. In April 2025, Shriniwas Spintex Industries acquires Morarjee Textiles for Rs 156 crore through a court-monitored insolvency resolution process under the National Company Law Tribunal, Mumbai Bench, following creditor approval and against admitted debt claims exceeding Rs 892 crore; this transaction, completed with an upfront payment of 30% including process costs, transitions ownership from the Ashok Piramal Group and supports plans to increase capacity utilization beyond the current 25%, while sustaining over 1,000 jobs amid ongoing operations in manufacturing, spinning, and weaving.