MARALOVERConsumer Discretionary

Maral Overseas Limited

Other Textile Products · ISIN INE882A01013 · BSE 521018 · NSE EQ · FV ₹10
Last price
₹59
+2.32%today
What this company does

Maral Overseas Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹301 cr of revenue in its latest quarter (Q2 FY27) and kept 2.3% of sales as profit.

In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 69–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet15

How much it owes, and whether earnings cover the interest

Cash quality80

Whether reported profit actually arrives as cash

Growth & consistency38

Whether sales and profit have grown, and how steadily

Valuation66

What today's price implies, against our models or its peers

Governance & risk55

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 21% vs last year
✓ Promoters hold 75%
✓ Strong 22% return on equity
✓ Turns profit into real cash
Watch-outs
! Thin 2.3% net margin
! 48.0% of promoter stake pledged
! Carries high debt (D/E 2.7)

What if I invest in MARALOVER?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹59▲ +2.32%
latest close · 2026-11-04
1-year return
-30.9%
52-wk low ₹5152-wk high ₹138
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.8Low
LowAverageHigh
P/B ratio1.97Moderate
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity22.4%Strong
WeakFairStrong ▸15%
Return on capital20.4%Strong
WeakFairStrong
Net margin2.3%Thin
ThinDecentStrong
EBITDA margin8.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity2.72High
LowModerateHigh ▸1
Interest cover1.8×Risky
RiskyOkayStrong ▸5×
Current ratio1.04Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹246 cr
Book value
₹30
EPS
₹1.69
latest quarter
Net debt
₹338 cr
owes more than its cash
Enterprise value
₹584 cr
EBITDA
₹100 cr
annualised
EBIT
₹69 cr
annualised
Operating margin
5.7%
Return on assets
3.9%
Earnings yield
11.42%
P/S
0.20
Sales / share
₹290.4
Tax rate
6.6%
Face value
₹10
Shares
4.2 cr
Working capital
₹14 cr
Current assets
₹391 cr
Current liabilities
₹377 cr
Delivery %
67.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹12–₹23, midpoint ₹17

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹301 cr
Other Income₹7 cr
Total Income₹308 cr
Cost of Materials₹185 cr
Purchases of Stock-in-Trade₹43.3 L
Inventory Change (±)₹5 cr
Employee Benefit Expense₹41 cr
Finance Costs₹10 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹51 cr
Total Expenses₹301 cr
Profit before Tax₹8 cr
Tax Expense₹49.8 L
Net Profit₹7 cr
Net margin on total income2.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹190 cr61.8%
Employee benefit expense₹41 cr13.4%
Finance costs₹10 cr3.1%
Depreciation & amortisation₹8 cr2.5%
Other expenses₹51 cr16.7%
Tax expense₹49.8 L0.2%
Profit for the period₹7 cr2.3%
Total income ₹308 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue258 cr263 cr301 cr
Total income268 cr269 cr308 cr
Expenses257 cr264 cr301 cr
Profit before tax11 cr5 cr8 cr
Tax-2 cr-65.7 L49.8 L
Net profit (owners' share)13 cr6 cr7 cr
Net margin (owners' share, on revenue)5.2%2.3%2.3%
EPS (₹)3.211.441.69
YoY (latest quarter): total income +21.2% · net profit —
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹715 cr
Shareholder equity
₹125 cr
parent shareholders
Total debt
₹340 cr
Cash
₹1 cr
Cash flow · H1 FY27
Operating
₹17 cr
Investing
₹2 cr
Financing
₹-20 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,160₹39,649 cr28.7
Welspun Living Limited₹253₹23,909 cr34.0
Vardhman Textiles Limited₹510₹14,513 cr11.7
Trident Limited₹24₹12,123 cr17.5
Indo Count Industries Limited₹467₹9,246 cr36.6
Garware Technical Fibres Limited₹739₹7,216 cr30.8
Kusumgar Limited₹563₹5,911 cr33.7
Sanathan Textiles Limited₹520₹4,385 cr46.1
Alok Industries Limited₹8₹4,057 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹2
ex 17 Aug 2022
ActionDetailEx-date
Dividend₹2 / share17 Aug 2022
Who owns it · 2026-09-30
⚑ 48.0% pledged
Promoter
75.0%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
25.0%
Smart-money activity
Insider trades
BoughtSSSA Family Private Limited (Being Trustee of Shashi Agarwal Family Private Trust) · Promoter Group100 · ₹7,37527 Sep 23
BoughtSSSA Family Private Limited (Being Trustee of Shantanu Agarwal Family Private Trust) · Promoter Group100 · ₹7,37727 Sep 23
BoughtSSSA Family Private Limited (Being Trustee of Shekhar Agarwal Family Private Trust) · Promoter Group100 · ₹7,37127 Sep 23
Bulk / block deals
SoldSETU SECURITIES PVT LTD · NSE2.08 L @ ₹101.3430 Jan 24
BoughtSETU SECURITIES PVT LTD · NSE2.08 L @ ₹101.9230 Jan 24
SoldKAMLESH DESAI (HUF) · NSE4.47 L @ ₹43.3123 Mar 17
Stake changes
BoughtSSSA Family Private Ltd (Being trustee of Shuchi Agarwal Family Private Trust) · promoter→ 0.00% · 10027 Sep 23
BoughtSSSA Family Private Ltd (Being Trustee of Shashi Agarwal Family Pvt Trust) · promoter→ 0.00% · 10027 Sep 23
BoughtSSSA Family Private Ltd · promoter→ 0.00% · 10027 Sep 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements for the financial year ended 31st March 2026 and the Reports of the Board of Directors and Auditors’ thereon.
Backed by 100% of shareholders other than promotersneeded 50%
7.38 L votes for, 5 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Shri Ravi Jhunjhunwala (DIN: 00060972) who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
7.38 L votes for, 105 against · 0% of mutual funds and other big investors said no
3
To approve the restructuring of the remuneration of Shri Shekhar Agarwal (DIN: 00066113), Chairman & Managing Director and CEO.
Promoters had a personal stake in this
Backed by 96% of shareholders other than promotersneeded 75%
7.11 L votes for, 26,743 against · 100% of mutual funds and other big investors said no
4
To approve the restructuring of the remuneration of Shri Shantanu Agarwal (DIN: 02314304), Joint Managing Director.
Promoters had a personal stake in this
Backed by 90% of shareholders other than promotersneeded 75%
6.66 L votes for, 71,850 against · 100% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 15 named members
owning 75.0% between them · as of 2026-09-30
Agarwal Trademart Private Limited47.61%
Agarwal Finestate Private Limited17.82%
Diplomat Leasing and Finance Private Limited2.74%
Smt. Shashi Agarwal2.50%
Shri Shekhar Agarwal1.82%
Shri Shantanu Agarwal1.34%
Shekhar Agarwal HUF (Karta Shri Shekhar Agarwal)0.97%
Smt. Shuchi Poddar0.14%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.