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Maral Overseas Limited (MARALOVER) AI Stock Analysis

3 Followers
IN:MARALOVER

Maral Overseas Limited

(NSE:MARALOVER)

Select Model
Rating:48Neutral
Price Target:INR 58.00â–²(0.50% Upside)
Action:reiterated
Date:08/17/26

The score is held down primarily by volatile profitability and a leveraged balance sheet, with technical indicators also showing weak momentum (below key moving averages and negative MACD). A relatively low P/E provides some offset on valuation, and cash flow has improved with positive operating and free cash flow.

Positive Factors
Cash GenerationPositive operating cash flow in every year and FY26 free cash flow of about 498M indicate the business is currently converting activity into cash. This supports debt service and reinvestment, although sustaining this conversion remains important because earlier cash flow was volatile.
Negative Factors
Profitability VolatilityRepeated losses followed by only a modest return to profit show that earnings power remains fragile. Low and inconsistent profitability can limit internally funded growth, reduce resilience during weaker trading periods, and make future results highly sensitive to cost control.

Maral Overseas Limited (MARALOVER) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%20%30%IN:MARALOVER+14.10%INDA-5.86%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
INR 2.44B
Dividend Yield
―
Average Volume (3M)
3,023
Price to Earnings (P/E)
7.7
Beta (1Y)
0.90
Revenue Growth
6.99%
EPS Growth
―
Country
India
Employees
4,584
Sector
General
Sector Strength
55
Industry
Manufacturing - Textiles

Maral Overseas Limited Business Overview & Revenue Model

Company Description

Maral Overseas Ltd. engages in the manufacture and export of cotton yarn, knitted fabric, and knitted garments. It operates through the following segments: Yarn, Fabric, and Textile Made-ups. The company was founded on January 27, 1989 and is headqua...

Maral Overseas Limited Financial Statement Overview

Summary

Overall financials are weak-to-mixed. Income statement performance is volatile with multiple loss-making years (FY23–FY25) and only a small return to profit in FY26, while the balance sheet is pressured by high leverage despite some deleveraging in FY26. Cash flow is a relative strength with positive operating cash flow and meaningfully positive free cash flow in FY25–FY26.

Income Statement

44Neutral

Balance Sheet

35Negative

Cash Flow

58Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue10.70B9.81B10.47B9.36B10.26B10.58B
Gross Profit2.32B1.94B3.97B2.89B276.22M3.55B
EBITDA917.89M711.87M226.50M624.40M289.89M1.42B
Net Income315.98M32.61M-242.00M-97.64M-159.30M669.78M
Balance Sheet
Total Assets7.15B6.90B7.32B7.58B6.33B5.90B
Cash, Cash Equivalents and Short-Term Investments90.25M78.65M58.90M17.26M36.79M17.80M
Total Debt3.60B3.74B4.49B4.76B3.72B2.43B
Total Liabilities5.90B5.80B6.23B6.26B4.92B4.24B
Stockholders Equity1.25B1.11B1.09B1.32B1.41B1.66B
Cash Flow
Free Cash Flow0497.84M436.50M-635.50M-759.60M36.63M
Operating Cash Flow0642.35M758.80M611.49M156.10M340.52M
Investing Cash Flow0-130.55M-283.10M-1.22B-896.20M-310.28M
Financing Cash Flow0-503.65M-479.30M585.09M758.70M-23.30M

Maral Overseas Limited Technical Analysis

Technical Analysis SentimentNeutral
Last Price57.71

Price Trends

50DMA59.04Negative
100DMA56.96Positive
200DMA51.93Positive

Market Momentum

MACD0.24Positive
RSI47.16Neutral
STOCH24.80Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MARALOVER, the sentiment is Neutral. The current price of 57.71 is below the 20-day moving average (MA) of 58.59, below the 50-day MA of 59.04, and above the 200-day MA of 51.93, indicating a neutral trend. The MACD of 0.24 indicates Positive momentum. The RSI at 47.16 is Neutral, neither overbought nor oversold. The STOCH value of 24.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MARALOVER.

Maral Overseas Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:MARALOVER against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:KKCLIN:KKCL64NeutralINR 27.20B17.70―1.38%15.92%-3.02%
IN:PAGEINDIN:PAGEIND62NeutralINR 357.59B45.76―1.92%9.58%-0.08%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:GOKEXIN:GOKEX54NeutralINR 49.19B36.38――9.40%-12.68%
IN:MARALOVERIN:MARALOVER48NeutralINR 2.42B7.71――6.99%―
IN:KITEXIN:KITEX48NeutralINR 25.83B-460.64―0.39%-20.74%-105.95%
IN:LUXINDIN:LUXIND39UnderperformINR 35.31B34.74―0.17%4.35%-19.16%

* General Sector Average

Performance Comparison

-40%-20%0%20%40%IN:MARALOVERIN:GOKEXIN:KITEXIN:KKCLIN:LUXINDIN:PAGEINDDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
IN:MARALOVER and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:MARALOVERMaral Overseas Limited57.716.2212.08%
IN:GOKEXGokaldas Exports Limited676.50-252.65-27.19%
IN:KITEXKitex Garments Limited129.20-83.87-39.36%
IN:KKCLKewal Kiran Clothing Limited434.00-68.54-13.64%
IN:LUXINDLux Industries Ltd.1188.25-5.40-0.45%
IN:PAGEINDPage Industries Limited31399.65-7437.66-19.15%

Maral Overseas Limited Corporate Events

Maral Overseas Clears Q2 Results, Rs 180 Crore Capex and Higher Solar Investment

Oct 27, 2026

Maral Overseas Limited’s board has approved the unaudited financial results for the quarter and half year ended 30 September 2026, including assets, liabilities and cash flow statements, and noted the statutory auditors’ limited review. The disclosur...

Maral Overseas Clears 180-Crore Capex Plan and Ups Solar Investment

Oct 27, 2026

Maral Overseas Limited’s board has approved unaudited financial results for the quarter and half year ended 30 September 2026, including the accompanying assets, liabilities and cash flow statements, reinforcing regular financial disclosure to invest...

Maral Overseas Clears Rs.180 Crore Capex and Ups Solar Investment for Sarovar Plant

Oct 27, 2026

Maral Overseas Limited’s board has granted in-principle approval for a capital expenditure plan of up to Rs.180 crore aimed at upgrading, modernising and expanding capacity at its Sarovar Plant, covering the spinning, fabric printing and engineering...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026