Morarjee Textiles Limited Share Price and Company Fundamentals



Price
₹16.95
Change
-0.550 (-3.143%)
52 week
14.55 - 33.65

Last traded: Today at 4:00 AM

Morarjee Textiles Limited engages in the manufacture and sale of yarns and fabrics in India and internationally. It offers cotton shirting fabrics; printed fabrics, including satin, cambric, poplin, lawn, and silk; and yarn dyed shirting, voiles, and white fabrics. The company was founded in 1871 and is based in Mumbai, India. Morarjee Textiles Limited is a subsidiary of Ashok Piramal Group Textiles Trust.

Key Metrics

PE ratio

-

PB ratio

-

Dividend yield

0.00%

Beta

0.91

Market cap

-

Enterprise value

-

Company profile

Industry / SectorTextile Manufacturing / Consumer Cyclical
Websitehttps://morarjee.com
Mailing address503, Peninsula Tower-1 5th Floor Peninsula Corporate Park Ganpatrao Kadam Marg, Lower Parel Mumbai 400013 India
Phone / Fax91 22 6615 4651 / 91 22 6615 4607

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Morarjee Textiles Limited paid ₹0.00 dividend and the ex-dividend date was 10 Aug 2017.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MORARJEE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MORARJEE's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Morarjee Textiles Limited.

NameTitleAgeTotal Pay
Mr. Harshvardhan Ashok Piramal B.Sc., MBAExec. Vice Chairman48
Mr. Subhash Chandra KashimpuriaHead of Fin. & Accounts65
Ms. Nishthi Haresh DharmaniCompany Sec. & Compliance Officer
Mr. Amresh NarayanCEO & Additional Director
Mr. Naveen Kumar DadiChief Financial Officer
Mr. R. K. BhatnagarPres of Shirtings Fabric Division69
Mr. Pradeep ModiExec.
Ms. Rita BatraExec.

Profitability and management effectiveness

Profit margin

-32.36%

Operating margin

-6.18%

Return on assets

-1.64%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Morarjee Textiles Limited is and its enterprise value is .

The MORARJEE's stocks Beta value is 0.91 making it 9% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Morarjee Textiles Limited (NSE:MORARJEE) Frequently Asked Questions

1. What is Morarjee Textiles Limited's Stock Symbol?

Morarjee Textiles Limited trades on NSE under the ticker symbol "MORARJEE".

2. What is Morarjee Textiles Limited's stock price today?

One share of MORARJEE stock can currently be purchased for approximately ₹16.95.

3. How can I contact Morarjee Textiles Limited?

Morarjee Textiles Limited's mailing address is 503, Peninsula Tower-1 5th Floor Peninsula Corporate Park Ganpatrao Kadam Marg, Lower Parel Mumbai 400013 India. The company can be reached via phone at 91 22 6615 4651.

4. What is Morarjee Textiles Limited's official website?

The official website of Morarjee Textiles Limited is https://morarjee.com.