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    Marvel Decor Ltd

    Gujarat-based manufacturer of window blinds, curtain tracks and motors, sold domestically as Marvel and internationally as Callistus.

    Consumer Durables
    Consumer Discretionary
    View MDL earnings calls

    Overview

    Price

    Market Cap

    ₹124 Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1717171717181818
    Reserves2727283134454749
    Borrowings1111111414162021
    Other Liabilities119101011122613
    Total Liabilities666466717690110101
    AssetsFixed Assets1816161615171719
    CWIP00000000
    Investments00000000
    Other Assets4948515662739382
    Total Assets666466717690110101

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-7332-1-0-5-1
    Cash from Investing-5-5-1-3-10-4-5
    Cash from Financing01-1-02096
    SummaryCapital Expenditure
    Free Cash Flow-12-23-0-2-1-8-5
    FCF Margin

    Valuation

    Assumptions

    Current — MDL
    Price
    ₹69
    EPS (TTM)
    ₹3.82
    PE (TTM)
    18.1
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (25.4×) and current (18.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹69
    vs
    Fair value · 15% return
    ₹48
    31%Overvalued

    At 10% growth and a 18× exit, ₹69 only delivers your return if you pay ₹48. The price is currently baking in 18% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 18×.

    YearGrowthEPS (₹)
    FY2710.0%4.20
    FY2810.0%4.62
    FY2910.0%5.08
    FY3010.0%5.59
    FY3110.0%6.15
    FY328.0% ·fade6.64
    FY336.0% ·fade7.04

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Marvel Decor Ltd

    Guides on how to read this kind of business and the numbers that matter.