Mehai Technology Ltd - Stock Valuation and Financial Performance

BSE: 540730 | NSE: | Electric Equipment | Small Cap

Mehai Technology Share Price

19.58 0.93 4.99%
as on 28-Mar'24 16:01

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Mehai Technology stock performance -

mw4me loader
P/E Ratio (SA):
38.48
Market Cap:
36.6 Cr.
52-wk low:
14.4
52-wk high:
36.4

Is Mehai Technology Ltd an attractive stock to invest in?

1. Is Mehai Technology Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mehai Technology Ltd is a below average quality company.

2. Is Mehai Technology Ltd undervalued or overvalued?

The key valuation ratios of Mehai Technology Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Mehai Technology Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mehai Technology Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mehai Technology:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mehai Technology Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.9%36.8%46.9%16.3%2%2%-0.1%0.7%2.2%3.9%-
Value Creation
Index
-0.71.62.40.2-0.9-0.9-1.0-1.0-0.9-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00.61.25.25.420.824.55.168.815
Sales YoY Gr.-NA100%321%2.7%288.4%17.9%-79.3%18.3%45.8%-
Adj EPS 0.41.22.9180.10.2-0.10.10.30.50.5
YoY Gr.-190%145.7%533%-99.5%90%-152.6%NA212.5%92%-
BVPS (₹) 05.76.624.511.511.611.811.812.112.624.6
Adj Net
Profit
000.10.30.10.2-0.10.10.30.51
Cash Flow from Ops. -0.20.3-0.71.2-6.2-1-1.22.803.3-
Debt/CF from Ops. 0002.70-0.600-2.20.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA10.3%-29.1%45.8%
Adj EPS 2.1%36.9%NA92%
BVPSNA1.9%2.3%4%
Share Price - -22% -42.2% 12.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.936.846.5115.81.61.6-0.80.72.13.92.6
Op. Profit
Mgn %
04.468.511.2-0.35.18.210.610.5
Net Profit
Mgn %
03.23.95.91.91-0.41.74.55.96.3
Debt to
Equity
0007.8000000.1-
Working Cap
Days
0106168163374182212982768505120
Cash Conv.
Cycle
0-42475358636430631112963

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.60%

Sales growth is good in last 4 quarters at 239.21%

Sales growth has been subdued in last 3 years -29.06%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Mehai Technology Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 -
TTM Sales (₹ Cr.) 15 -
BVPS (₹.) 24.6 -
Reserves (₹ Cr.) 29 -
P/BV 0.76 -
PE 38.48 -
From the Market
52 Week Low / High (₹) 14.41 / 36.36
All Time Low / High (₹) 10.07 / 180.00
Market Cap (₹ Cr.) 36.6
Equity (₹ Cr.) 19.6
Face Value (₹) 10
Industry PE 83.3

Management X-Ray of Mehai Technology:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mehai Technology

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales00.621.245.225.3620.8224.545.086.018.76
Operating Expenses 0.010.601.224.785.3120.5724.614.825.527.83
Manufacturing Costs00.060.100.020.140.100.050.540.400.06
Material Costs00.260.674.154.3519.5823.574.134.706.76
Employee Cost 00.080.130.170.230.220.240.010.070.24
Other Costs 0.010.200.320.440.590.670.740.140.350.77
Operating Profit -0.010.020.030.450.050.25-0.070.260.490.93
Operating Profit Margin (%) -2.5%2.1%8.5%1.0%1.2%-0.3%5.1%8.2%10.6%
Other Income 0.010000.330.340.270.040.030.13
Interest 00000.080.080.1300.010.04
Depreciation 000.010.010.130.160.170.170.150.14
Exceptional Items 0000000000
Profit Before Tax 00.010.020.430.170.35-0.090.120.360.89
Tax 0000.130.070.13-0.020.040.090.37
Profit After Tax 00.010.010.310.100.22-0.070.090.270.51
PAT Margin (%) -1.9%1.2%5.9%1.9%1.1%-0.3%1.7%4.5%5.9%
Adjusted EPS (₹)0.00.20.36.00.10.2-0.10.10.30.5
Dividend Payout Ratio (%)0%0%0%0%26%24%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 0.010.100.110.4212.5212.6612.5912.6812.9513.46
Share Capital 0.010.090.090.095.3610.7110.7110.7110.7110.71
Reserves 00.010.030.337.171.951.881.972.242.75
Minority Interest0000000000
Debt0.05003.2500.5400.110.081.49
Long Term Debt0.05003.2500000.081.03
Short Term Debt000000.5400.1100.46
Trade Payables00.430.122.521.442.783.650.790.971.88
Others Liabilities 0.120.020.732.330.190.450.470.730.410.75
Total Liabilities 0.180.550.968.5214.1516.4316.7114.3014.4117.59

Fixed Assets

Gross Block00.160.161.631.692.282.302.322.326.33
Accumulated Depreciation000.010.020.150.310.470.640.790.93
Net Fixed Assets00.160.151.611.541.981.821.681.535.40
CWIP 00000.3500000
Investments 0000000000
Inventories0.170.310.590.400.672.670.260.612.042.93
Trade Receivables000.153.431.406.496.145.783.380.89
Cash Equivalents 0.010.030.033.044.890.570.050.100.100.75
Others Assets0.010.050.040.045.294.728.426.137.367.62
Total Assets 0.180.550.968.5214.1516.4316.7114.3014.4117.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.170.28-0.701.23-6.16-0.99-1.172.82-0.033.27
PBT 00.010.020.430.170.35-0.090.120.360.89
Adjustment 000.010.010.210.240.170.170.150.17
Changes in Working Capital -0.170.27-0.730.78-6.54-1.58-1.242.55-0.462.5
Tax Paid 000000-0.01-0.03-0.09-0.29
Cash Flow From Investing Activity 0-0.160-1.47-0.66-0.24-0.02-0.020.08-4
Capex 0-0.160-1.47-0.66-0.24-0.01-0.020-4
Net Investments 0000000000
Others 000000000.080
Cash Flow From Financing Activity 0.18-0.100.703.258.67-3.090.67-2.76-0.041.39
Net Proceeds from Shares 0.010.080012-0.030000
Net Proceeds from Borrowing 0.05-0.0503.25-3.25000-0.030.96
Interest Paid 0000-0.08-0.0800-0.01-0.03
Dividend Paid 0000000000
Others 0.12-0.120.7000-2.970.67-2.7600.46
Net Cash Flow 0.010.0203.011.85-4.32-0.520.0400.65
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.8521.4414.01116.071.621.79-0.560.692.113.89
ROCE (%)0.9316.5115.0723.053.213.420.260.992.946.6
Asset Turnover Ratio01.681.641.10.471.361.480.330.420.55
PAT to CFO Conversion(x)-INF28-703.97-61.6-4.5N/A31.33-0.116.41
Working Capital Days
Receivable Days0044125164699442827889
Inventory Days0143133353729223180104
Payable Days030415111616639501966877

Mehai Technology Ltd Stock News

Mehai Technology Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mehai Technology on 28-Mar-2024 16:01 is ₹19.58.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Mehai Technology stood at ₹36.63.
The latest P/E ratio of Mehai Technology as of 28-Mar-2024 16:01 is 38.48.
The latest P/B ratio of Mehai Technology as of 28-Mar-2024 16:01 is 0.76.
The 52-week high of Mehai Technology is ₹36.36 and the 52-week low is ₹14.41.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mehai Technology is ₹15.02 ( Cr.) .

About Mehai Technology Ltd

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