M

Morarjee Textiles

(NSE: MORARJEE)

MORARJEE

19.4

0.00 (0.00%)

Morarjee Textiles Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Morarjee Textiles Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

Morarjee Textiles Price Summary

Today’s High

20.65

Today’s Low

19

52 Week's High

20.65

52 Week's Low

19

Morarjee Textiles Fundamentals

Market Cap

87.0 Cr

CASA

0.0

No. Of Shares

3.6 Cr

P/E

0.0

P/B

-10.5

Face Value

7.0

Dividend Yeild

0.0

Book Value

-1.4

Net Interest Income

25.3

Cost to Income

NA

Promoter Holdings

59.7

EPS

-17.0

CAR

NA

ROE

-236.9

ROCE

-4.1

Profit Growth

NA

Morarjee Textiles Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Morarjee Textiles

19.4

87.0 Cr

-10.5

0.0

-17.0

-236.9

-4.1

25.3

Nagreeka Exports

35.65

88.1 Cr

0.2

0.0

-6.7

-8.0

0.1

NA

Celebrity Fashion

20.3

85.8 Cr

7.6

0.0

-1.2

-83.7

0.3

0.1

Weizmann

79.7

94.1 Cr

1.2

15.2

2.9

8.5

11.8

13.4

Bhandari Hosiery

5.55

95.1 Cr

0.4

19.8

0.1

2.2

7.1

7.6

Shiva Mills

118.55

96.0 Cr

0.4

4.2

9.9

9.9

13.6

3.3

FAQ’s on Morarjee Textiles

About Morarjee Textiles

Morarjee Textiles (MTL) is a successful member of the diversified Ashok Piramal Group (APG). Carrying forward the legacy of the erstwhile Morarjee Goculdas Spinning & Weaving Co. Ltd since 1871, MTL is among the oldest textile units in the country and was the Ashok Piramal Group's first industrial enterprise when they took over in 1934.

Morarjee Textiles (MTL) is a leading player in the premium shirting fabric business and high fashion printed fabric business for global markets. It has completely integrated manufacturing plants with spinning, weaving, printing, processing and packing facilities. Its products are in the high value niche segment. MTL has two divisions - the shirting division and the printed fabric division.

MTL’s competitive advantage lies in its innovative design, product development and flexible service offering. It makes premium voiles and high fashion printed fabrics for the Middle East, Far East, North African and European markets.

Its customer base is spread across 20 countries around the globe and is growing fast. Today it offers premium cotton shirting fabrics to most of the leading Indian and International brands. MTL also has a 49% stake in Just Textiles Ltd. which is currently engaged in the business of processing various textile fabrics with modern machinery installed at its factory in Ambernath, Mumbai.

To ensure growth and provide value to its stakeholders, MTL has recently entered the garments business in mid 2004 by establishing a subsidiary company - Integra Apparels & Textiles Pvt. Ltd. The business already has an impressive client list and is growing rapidly.

Product range of the company includes:

  • Shirtings- Morarjee Textiles provides shirting fabric to a worldwide audience. It specializes in premium color woven and distinctive finish to fabrics and meet the niche requirements and exacting specifications of its clientele.
  • Fashion- Apart from India, its fashion fabrics find favour with various renowned names from Europe, the US, and Australia. Its core qualities are evident in the array of fabrics in fine counts, 100% cotton satins, and premium voiles.
  • Traditional - Morarjee Textiles caters to the Middle East and African subcontinent along with the conversion centers in Europe and Far East for its traditional ensembles.

Clientele:

Morarjee Textiles Ltd. has left an indelible impression on the global fashion industry. Today, it is  the preferred choice of premium brands such as Polo Ralph Lauren, Eddie Bauer, DKNY, GAP, Paul Smith, Zodiac, Louis Phillipe, Van Heusen, Zara among others.

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