1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Morarjee Textiles Limited

Morarjee Textiles Limited

MORARJEE.NS
Morarjee Textiles LimitedIN flagNational Stock Exchange of India
9.23
INR
+0.43
- -
335.35MMarket Cap
Morarjee Textiles Limited
MORARJEE.NS
(National Stock Exchange of India)

Recent

price

9.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
155.04
180.4
125.67
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
Revenue per Share
-13.41
-25.22
-2.6
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
-44.95
Basic EPS, GAAP
-20.09
-1.19
7.43
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
- -
Free Cash Flow per Basic Share
2.06
- -
- -
0.01
- -
- -
4.02
-3.46
2.72
1.68
1.68
- -
- -
- -
- -
- -
- -
Dividend per Share
15.5
-5.36
7.96
13.33
10.67
11.89
15.41
17.75
14.17
15.76
14.16
7.44
0.17
-16.88
-41.18
-92.1
- -
Book Value per Share
36.4
9.18
32.02
21.14
26.71
28.65
33.47
36.25
29.17
30.74
29.16
22.48
15.27
-1.73
-25.96
-76.81
- -
Tangible Book Value per Share
18
18
26
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Basic Weighted Avg Shares
2,817
3,278
3,265
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
Sales/Revenue/Turnover
-2.63
2.33
5.52
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
Operating Margin (%)
136
156
161
163
145
142
159
96
100
192
228
232
237
233
229
223
215
Depreciation Expense
-238
-452
-62
45
-13
239
282
207
165
120
5
-246
-265
-617
-881
-1,853
-1,633
Net Income, GAAP
- -
- -
- -
2.41
- -
0.04
18.04
36.07
30.03
- -
50.48
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-8.44
-13.8
-1.89
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
Profit Margin (%)
1,146
968
674
-593
44
-936
-325
-111
-77
-707
-41
-559
-1,627
-2,174
-3,584
-6,182
- -
Working Capital
2,533
2,765
2,576
1,035
1,187
419
836
892
2,389
2,836
3,391
3,140
2,327
2,140
1,558
600
- -
LT Debt
892
417
905
837
1,005
1,073
1,229
1,333
1,078
1,135
1,077
833
569
-51
-933
-2,783
- -
Total Equity
- -
- -
- -
7.91
- -
17.33
16.67
9.87
7.98
- -
4.13
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
10.54
- -
19.48
18.58
12.34
9.71
- -
4.53
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
9.73
-7.82
58.33
56.86
30.69
24.64
18.04
0.92
-62.58
-191.45
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

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
- -
35
- -
Market Capitalization
665
770
832

Working Capital

FRC

•

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
- -
532
- -
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

FRC

•

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

FRC

•

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

FRC

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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