Marushika Technology Ltd.
•₹ 1110%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.5%
- Company has a healthy return on capital (ROCE) of 25.1%
- Company converts assets efficiently - asset turnover of 1.7x
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.94x)
- Operating cash flow has been negative in recent years
- Free cash flow has been persistently negative
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIENT | 2979.00 | 54.17 | 403273.96 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | AEGISLOG | 1363.65 | 38.25 | 47864.12 | 0.64 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 3. | PREMIERENE | 1008.00 | 27.48 | 45758.31 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 4. | CPPLUS | 3307.45 | 81.98 | 39127.28 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 334.90 | 15.39 | 26181.63 | 1.79 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 476.90 | 62.48 | 15548.09 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.59 | 106.84 | 11997.17 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.80 | 81.69 | 10155.92 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 62.10 | 20.82 | 9315.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 358.45 | 25.31 | 7917.62 | 0.42 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 588.80 | 47.13 | 6713.00 | 0.00 | 289.30 | 1462.10 | 4124.61 | 1220.81 | 20.14 | 11.97 |
| 12. | MARUSHIKA | 111.00 | 10.59 | 94.76 | 0.00 | — | — | — | — | 33.45 | — |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
No standalone quarterly results found
We don't have this information yet. Please check back later.
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 37 | 54 | 85 | |
| 35 | 49 | 74 | |
| Operating Profit | 2 | 6 | 11 |
| OPM % | 6 | 11 | 13 |
| Other Income | 0 | 0 | 0 |
| Interest | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 |
| 1 | 3 | 9 | |
| Tax % | 27 | 27 | 25 |
| Net Profit | 0 | 2 | 6 |
| EPS | 1 | 29 | 10 |
| Dividend Payout % | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 1 | 4 | 10 |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 |
| Adjusted EPS | 1 | 4 | 10 |
Mar 2023
- 37
- 35
- Operating Profit
- 2
- OPM %
- 6
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 1
- Tax %
- 27
- Net Profit
- 0
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2024
- 54
- 49
- Operating Profit
- 6
- OPM %
- 11
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 3
- Tax %
- 27
- Net Profit
- 2
- EPS
- 29
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 85
- 74
- Operating Profit
- 11
- OPM %
- 13
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 9
- Tax %
- 25
- Net Profit
- 6
- EPS
- 10
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 36%
- Last Year:
- 56%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| Equity Capital | 1 | 1 | 6 |
| 3 | 7 | 9 | |
| 6 | 16 | 17 | |
| Trade Payables | 15 | 17 | 12 |
| 5 | 6 | 9 | |
| Total Liabilities | 30 | 46 | 53 |
| ASSETS | - | - | - |
| 1 | 2 | 2 | |
| Capital Work in Progress | 0 | 0 | 2 |
| 0 | 38 | 40 | |
| Cash & Bank | 1 | 3 | 1 |
| 28 | 4 | 9 | |
| Total Assets | 30 | 46 | 53 |
| Total Debt | 10 | 20 | 21 |
| Net Working Capital | 3 | 7 | 12 |
| Contingent Liabilities | 0 | 5 | 6 |
| Book Value per Share | 48.72 | 89.78 | 24.45 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Total Debt | 10 | 20 | 21 |
| Net Working Capital | 3 | 7 | 12 |
| Contingent Liabilities | 0 | 5 | 6 |
| Book Value per Share | 48.72 | 89.78 | 24.45 |
| Face Value | 10.00 | 10.00 | 10.00 |
Mar 2023
- Equity Capital
- 1
- 3
- 6
- Trade Payables
- 15
- 5
- Total Liabilities
- 30
- 1
- Capital Work in Progress
- 0
- 0
- Cash & Bank
- 1
- 28
- Total Assets
- 30
- Total Debt
- 10
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 48.72
- Face Value
- 10.00
- Total Debt
- 10
- Net Working Capital
- 3
- Contingent Liabilities
- 0
- Book Value per Share
- 48.72
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 1
- 7
- 16
- Trade Payables
- 17
- 6
- Total Liabilities
- 46
- 2
- Capital Work in Progress
- 0
- 38
- Cash & Bank
- 3
- 4
- Total Assets
- 46
- Total Debt
- 20
- Net Working Capital
- 7
- Contingent Liabilities
- 5
- Book Value per Share
- 89.78
- Face Value
- 10.00
- Total Debt
- 20
- Net Working Capital
- 7
- Contingent Liabilities
- 5
- Book Value per Share
- 89.78
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 6
- 9
- 17
- Trade Payables
- 12
- 9
- Total Liabilities
- 53
- 2
- Capital Work in Progress
- 2
- 40
- Cash & Bank
- 1
- 9
- Total Assets
- 53
- Total Debt
- 21
- Net Working Capital
- 12
- Contingent Liabilities
- 6
- Book Value per Share
- 24.45
- Face Value
- 10.00
- Total Debt
- 21
- Net Working Capital
- 12
- Contingent Liabilities
- 6
- Book Value per Share
- 24.45
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -3 | -7 | 1 | |
| Cash from Investing | -1 | -0 | -3 |
| Cash from Financing | 4 | 9 | 0 |
| 1 | 2 | -2 | |
| Free Cash Flow | -3 | -7 | -2 |
| OCF / Net Profit | -7.34 | -2.64 | 0.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | -7.34 | -2.64 | 0.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2023
- -3
- Cash from Investing
- -1
- Cash from Financing
- 4
- 1
- Free Cash Flow
- -3
- OCF / Net Profit
- -7.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -7.34
- Cumulative 5-Year FCF
- 0
Mar 2024
- -7
- Cash from Investing
- -0
- Cash from Financing
- 9
- 2
- Free Cash Flow
- -7
- OCF / Net Profit
- -2.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.64
- Cumulative 5-Year FCF
- 0
Mar 2025
- 1
- Cash from Investing
- -3
- Cash from Financing
- 0
- -2
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.11
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | 5.15 | 28.63 | 10.34 |
| Book Value (₹) | 48.72 | 89.78 | 24.45 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.09 | 4.50 | 10.96 |
| PROFITABILITY | - | - | - |
| Operating Margin % | 5.62% | 10.27% | 12.92% |
| Net Margin % | 1.09% | 4.57% | 7.56% |
| ROE % | 10.57% | 42.85% | 55.94% |
| ROCE % | 13.87% | 27.09% | 34.35% |
| 1.32% | 6.47% | 12.94% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 238 | 207 | 166 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 238 | 146 | 98 |
| 0 | 62 | 68 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 2.57x | 2.52x | 1.40x |
| Interest Coverage (x) | 1.41x | 2.57x | 4.61x |
| 1.13x | 1.19x | 1.33x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | 47.18% | 56.59% |
| Operating Profit Growth % | 0.00% | 179.28% | 96.03% |
| Net Profit Growth % | 0.00% | 517.59% | 159.16% |
| 0.00% | 455.85% | -63.89% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| 0.00x | 2.97x | 2.33x |
Mar 2023
- EPS (₹)
- 5.15
- Book Value (₹)
- 48.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.09
- Operating Margin %
- 5.62%
- Net Margin %
- 1.09%
- ROE %
- 10.57%
- ROCE %
- 13.87%
- 1.32%
- Debtor Days
- 238
- Inventory Days
- 0
- Payable Days
- 238
- 0
- Debt to Equity (x)
- 2.57x
- Interest Coverage (x)
- 1.41x
- 1.13x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 28.63
- Book Value (₹)
- 89.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.50
- Operating Margin %
- 10.27%
- Net Margin %
- 4.57%
- ROE %
- 42.85%
- ROCE %
- 27.09%
- 6.47%
- Debtor Days
- 207
- Inventory Days
- 0
- Payable Days
- 146
- 62
- Debt to Equity (x)
- 2.52x
- Interest Coverage (x)
- 2.57x
- 1.19x
- Revenue Growth %
- 47.18%
- Operating Profit Growth %
- 179.28%
- Net Profit Growth %
- 517.59%
- 455.85%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.97x
Mar 2025
- EPS (₹)
- 10.34
- Book Value (₹)
- 24.45
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.96
- Operating Margin %
- 12.92%
- Net Margin %
- 7.56%
- ROE %
- 55.94%
- ROCE %
- 34.35%
- 12.94%
- Debtor Days
- 166
- Inventory Days
- 0
- Payable Days
- 98
- 68
- Debt to Equity (x)
- 1.40x
- Interest Coverage (x)
- 4.61x
- 1.33x
- Revenue Growth %
- 56.59%
- Operating Profit Growth %
- 96.03%
- Net Profit Growth %
- 159.16%
- -63.89%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.33x
Documents
Announcements
Nothing filed yet.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
May 2026