---
title: "Murli Industries Ltd (MURLIIND) — Share Price, Financials & Analysis"
symbol: "MURLIIND"
company: "Murli Industries Ltd"
canonical: "https://tapetide.com/stocks/MURLIIND"
generated_at: "2026-10-13T11:52:33.395Z"
---

# Murli Industries Ltd (MURLIIND)

Canonical page: https://tapetide.com/stocks/MURLIIND

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** maloogroup.com

## About

Murli Industries Limited,Incorporated in India, listed on the Bombay Stock Exchange Limited, and National Stock Exchange Limited, the company is engaged in Duplex Paper Board, News Print, Captive Power Generation, Writing & Printing, SBS Board, Pulp Mill, and Solvent Extraction

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Contingent liabilities of Rs.36.6 Cr.
- Company has high debtors of 992 days.
- Working capital days have increased from 276 days to 695 days

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -84% | — |
| revenue growth | -94% | -61% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 116 | 70 | 92 | 84 | 53 | 28 | 23 | 11 | 1 | 0 | 2 | 3 |
| Expenses | 112 | 74 | 98 | 158 | 52 | 45 | 28 | 36 | 4 | 1 | 6 | 11 |
| Operating Profit | 4 | -3 | -6 | -74 | 2 | -17 | -5 | -25 | -2 | 0 | -4 | -8 |
| OPM % | 3.5 | -4.9 | -7 | -88 | 3.5 | -62 | -21 | -232 | -210 | -267 | -169 | -230 |
| Other Income | 0 | 0 | 0 | 0 | -6 | -1 | -1 | 6 | 0 | 0 | 0 | 0 |
| Interest | 32 | 32 | 32 | 35 | 32 | 32 | 32 | 31 | 28 | 32 | 32 | 126 |
| Depreciation | 16 | 15 | 15 | 15 | 15 | 15 | 15 | 14 | 14 | 15 | 15 | 56 |
| Profit before tax | -44 | -50 | -54 | -124 | -51 | -64 | -52 | -65 | -44 | -47 | -50 | -190 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 120 |
| Net Profit | -44 | -50 | -54 | -124 | -51 | -64 | -52 | -65 | -44 | -47 | -50 | -417 |
| EPS in Rs | -6.12 | -6.97 | -7.42 | -17.26 | -7.02 | -8.93 | -7.19 | -9.02 | -6.13 | -6.54 | -6.99 | -57.79 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Jun 2013 15m | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 524 | 649 | 509 | 567 | 730 | 1117 | 696 | 247 | 115 | 7 |
| Expenses | 447 | 538 | 408 | 442 | 723 | 1219 | 740 | 331 | 160 | 11 |
| Operating Profit | 77 | 111 | 101 | 125 | 7 | -102 | -43 | -84 | -45 | -4 |
| OPM % | 15 | 17 | 20 | 22 | 1 | -9 | -6 | -34 | -39 | -59 |
| Other Income | 1 | 2 | 1 | 7 | 1 | 1 | 1 | 0 | 6 | 1 |
| Interest | 12 | 18 | 21 | 41 | 138 | 127 | 201 | 99 | 127 | 126 |
| Depreciation | 18 | 26 | 28 | 47 | 64 | 67 | 80 | 45 | 58 | 56 |
| Profit before tax | 47 | 70 | 52 | 44 | -194 | -295 | -323 | -228 | -224 | -186 |
| Tax % | 13 | 23 | 12 | 15 | 2 | -46 | -27 | 0 | 0 | 122 |
| Net Profit | 41 | 54 | 46 | 38 | -197 | -161 | -234 | -228 | -224 | -413 |
| EPS in Rs | 8.58 | 10.6 | 8.97 | 7 | -33.38 | -22.27 | -32.51 | -31.66 | -31.09 | -57.22 |
| Dividend Payout % | 5 | 4 | 4 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 11 | 12 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 123 | 210 | 254 | 355 | 145 | 30 | -204 | -433 | -657 | -1069 |
| Borrowings | 236 | 688 | 972 | 1129 | 1292 | 1382 | 1552 | 1645 | 1770 | 1897 |
| Other Liabilities | 77 | 65 | 79 | 120 | 118 | 159 | 196 | 181 | 186 | 197 |
| Total Liabilities | 446 | 974 | 1316 | 1615 | 1567 | 1586 | 1559 | 1408 | 1314 | 1039 |
| Fixed Assets | 171 | 175 | 379 | 1024 | 984 | 924 | 863 | 820 | 762 | 706 |
| CWIP | 15 | 477 | 538 | 55 | 77 | 79 | 82 | 80 | 80 | 80 |
| Investments | 5 | 8 | 10 | 11 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 256 | 314 | 389 | 525 | 506 | 583 | 613 | 508 | 471 | 252 |
| Total Assets | 446 | 974 | 1316 | 1615 | 1567 | 1586 | 1559 | 1408 | 1314 | 1039 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -35 | 11 | 24 | -20 | -91 | -139 | -147 | -92 | 0 | 0 |
| Cash from Investing Activity | -83 | -496 | -294 | -209 | -66 | -8 | -22 | 0 | 0 | 0 |
| Cash from Financing Activity | 117 | 485 | 282 | 220 | 151 | 139 | 170 | 93 | 0 | 0 |
| Net Cash Flow | 0 | 1 | 11 | -8 | -7 | -9 | 1 | 1 | 0 | 0 |
| Free Cash Flow | -114 | -482 | -270 | -228 | -137 | -148 | -170 | -95 | 0 | 0 |
| CFO/OP | -37 | 24 | 30 | -10 | -1194 | 133 | 340 | 109 | 0 | 0 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 23 | 16 | 14 | 21 | 18 | 18 | 26 | 43 | 40 | 992 |
| Inventory Days | 160 | 210 | 287 | 430 | 247 | 111 | 132 | 151 | 247 | 4676 |
| Days Payable | 0 | 0 | 87 | 96 | 60 | 54 | 114 | 222 | 504 | 9937 |
| Cash Conversion Cycle | 183 | 226 | 214 | 355 | 204 | 76 | 44 | -29 | -217 | -4270 |
| Working Capital Days | 119 | 135 | 208 | 253 | 157 | 73 | 70 | 83 | 50 | 695 |
| ROCE % | 21 | 14 | 7 | 6 | -4 | -12 | -9 | — | -8 | -6 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2016-08-10 | [Board Meeting on August 14, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=280578A1_8140_4F52_95F1_CD87A287A87D_125142.pdf) |
| 2016-08-10 | [Board Meeting on August 14, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/280578A1_8140_4F52_95F1_CD87A287A87D_125142.pdf) |
| 2016-06-09 | [Standalone Financial Results for March 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51240C9C_E3A2_4E36_8C00_5E6819654B69_122336.pdf) |
| 2016-06-09 | [Standalone Financial Results for March 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/6/51240C9C_E3A2_4E36_8C00_5E6819654B69_122336.pdf) |
| 2016-02-18 | [Financial Results, Limited Review Report for December 31, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5F8284C7_4D81_4FF1_8342_ED7CC732E290_183240.pdf) |
| 2016-02-18 | [Financial Results, Limited Review Report for December 31, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/2/5F8284C7_4D81_4FF1_8342_ED7CC732E290_183240.pdf) |
| 2015-12-03 | [Statement of Assets & Liablities for Sept 30, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=E016BB7C_0916_4882_B840_DA86E49A3E9B_123548.pdf) |
| 2015-12-03 | [Statement of Assets & Liablities for Sept 30, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/12/E016BB7C_0916_4882_B840_DA86E49A3E9B_123548.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/519323/5193230314.pdf) |
| Jun 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/519323/5193230613.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/519323/5193230312.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_MURLIIND_2011_2012_14092012100322.zip) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/519323/5193230311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_MURLIIND_2010_2011_16122011104502.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/519323/5193230310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_MURLIIND_2009_2010_05102010120000.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2022-11-25 | Credit rating update — CRISIL |
| 2022-04-12 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:52:33.395Z.