Maestros Electronics & Telecommun. Systems Ltd

Maestros Electronics & Telecommun. Systems Ltd

₹ 160 -2.00%
31 May - close price
About

Incorporated in 2010, Maestros Electronics & Telecommunications Systems Ltd is in the business of Electronics & Instrumentation (E&T) and Telemedicine[1]

Key Points

Business Overview:[1]
Company is a design, development and manufacturing company which creates
products and services for financial inclusion, cardiology, gynecology, critical care patient
and diseases management in medicine. It specializes in Medical device manufacturing, Telemedicine and Healthcare Solutions and Business Automation (Banking and Micro finance, financial inclusion, PDS automation)

  • Market Cap 87.9 Cr.
  • Current Price 160
  • High / Low 182 / 59.8
  • Stock P/E 17.8
  • Book Value 55.4
  • Dividend Yield 0.00 %
  • ROCE 23.3 %
  • ROE 17.6 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 235 to 172 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 12.3% over last 3 years.
  • Company has high debtors of 172 days.
  • Promoter holding has decreased over last 3 years: -8.25%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Healthcare Industry: Healthcare

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2.06 3.43 1.99 2.85 2.88 3.96 6.63 4.46 9.55 10.08 5.69 3.35 14.17
1.96 3.02 1.70 2.72 2.69 3.45 5.34 4.32 7.85 7.68 5.16 3.45 10.66
Operating Profit 0.10 0.41 0.29 0.13 0.19 0.51 1.29 0.14 1.70 2.40 0.53 -0.10 3.51
OPM % 4.85% 11.95% 14.57% 4.56% 6.60% 12.88% 19.46% 3.14% 17.80% 23.81% 9.31% -2.99% 24.77%
0.64 0.45 0.30 0.41 0.34 0.25 0.33 0.28 0.43 0.34 0.32 0.60 0.54
Interest 0.30 0.09 0.24 0.06 0.07 0.11 0.14 0.11 0.16 0.19 0.27 0.15 0.18
Depreciation 0.10 0.08 0.09 0.10 0.11 0.09 0.09 0.10 0.11 0.10 0.11 0.12 0.13
Profit before tax 0.34 0.69 0.26 0.38 0.35 0.56 1.39 0.21 1.86 2.45 0.47 0.23 3.74
Tax % -32.35% 27.54% 34.62% 28.95% 14.29% 28.57% 23.74% 28.57% 26.34% 25.71% 27.66% 21.74% 31.02%
0.44 0.49 0.18 0.27 0.31 0.41 1.05 0.14 1.38 1.83 0.35 0.19 2.58
EPS in Rs 0.80 0.89 0.33 0.49 0.56 0.74 1.91 0.25 2.50 3.32 0.64 0.34 4.68
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10.23 14.30 16.54 11.04 12.86 9.22 9.53 13.54 47.55 11.15 24.60 33.29
9.50 13.30 15.09 10.27 11.38 9.47 8.87 11.94 39.06 10.11 20.93 26.93
Operating Profit 0.73 1.00 1.45 0.77 1.48 -0.25 0.66 1.60 8.49 1.04 3.67 6.36
OPM % 7.14% 6.99% 8.77% 6.97% 11.51% -2.71% 6.93% 11.82% 17.85% 9.33% 14.92% 19.10%
0.08 0.39 0.55 0.84 0.52 0.82 0.58 0.47 0.96 1.48 1.26 1.80
Interest 0.12 0.32 0.42 0.32 0.37 0.33 0.31 1.10 1.37 0.46 0.52 0.80
Depreciation 0.27 0.39 0.56 0.65 0.60 0.44 0.46 0.45 0.36 0.37 0.39 0.45
Profit before tax 0.42 0.68 1.02 0.64 1.03 -0.20 0.47 0.52 7.72 1.69 4.02 6.91
Tax % 30.95% 23.53% 32.35% 31.25% 32.04% -25.00% 25.53% 32.69% 26.94% 25.44% 25.87% 28.51%
0.29 0.52 0.69 0.45 0.70 -0.25 0.34 0.35 5.64 1.25 2.98 4.94
EPS in Rs 0.88 1.59 1.88 1.13 1.62 -0.53 0.69 0.67 10.24 2.27 5.41 8.97
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% 22.04% -0.00% -0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: 28%
3 Years: -11%
TTM: 35%
Compounded Profit Growth
10 Years: 25%
5 Years: 71%
3 Years: -4%
TTM: 68%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: 29%
1 Year: 139%
Return on Equity
10 Years: 10%
5 Years: 14%
3 Years: 12%
Last Year: 18%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.28 3.28 3.68 3.97 4.31 4.71 4.94 5.24 5.51 5.51 5.51 5.51
Reserves 4.55 5.07 5.97 6.91 7.79 8.24 9.02 9.94 16.08 17.05 20.06 25.02
4.27 3.53 3.99 2.59 3.88 2.61 2.56 8.23 2.10 2.10 4.79 5.35
4.40 5.12 6.00 7.37 6.14 5.98 5.56 17.08 34.39 29.43 11.99 21.39
Total Liabilities 16.50 17.00 19.64 20.84 22.12 21.54 22.08 40.49 58.08 54.09 42.35 57.27
3.49 6.56 6.38 5.89 8.44 8.09 8.22 8.01 7.89 7.85 8.46 8.44
CWIP 2.31 -0.00 1.36 2.82 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 3.48
Investments -0.00 -0.00 0.14 0.14 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
10.70 10.44 11.76 11.99 13.68 13.45 13.86 32.48 50.19 46.24 33.89 45.35
Total Assets 16.50 17.00 19.64 20.84 22.12 21.54 22.08 40.49 58.08 54.09 42.35 57.27

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.87 3.31 1.83 1.00 -1.39 -1.91 -0.85 -3.55 27.69 -8.47 -5.73 7.25
-0.89 -5.70 -1.33 -1.48 0.26 0.56 0.27 1.99 1.95 0.91 -0.04 -7.02
1.92 0.09 0.63 0.47 0.68 0.47 0.23 2.09 -4.50 -0.74 -0.57 -0.24
Net Cash Flow 2.90 -2.30 1.12 -0.02 -0.45 -0.88 -0.36 0.53 25.15 -8.30 -6.35 -0.01

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 148.78 78.62 73.71 105.80 96.78 91.45 107.24 83.30 94.49 384.64 149.12 172.36
Inventory Days 32.55 7.19 20.24 34.11 83.72 172.85 221.61 524.81 179.81 111.83
Days Payable 130.77 113.16 137.12 309.85 199.24 318.37 221.61 153.48 137.38 73.40
Cash Conversion Cycle 50.56 -27.36 -43.17 -169.94 -18.74 -54.07 107.24 454.62 94.49 384.64 191.54 210.78
Working Capital Days 26.40 -24.76 -32.88 -82.98 2.84 -5.94 58.22 234.26 -123.13 -220.31 72.41 22.26
ROCE % 5.34% 8.34% 11.29% 7.08% 9.51% 0.82% 4.86% 8.11% 38.60% 8.98% 16.32%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.81% 63.81% 63.81% 63.81% 63.81% 55.52% 55.52% 55.56% 55.56% 55.56% 55.56% 55.56%
0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20%
35.99% 35.99% 35.99% 35.99% 35.99% 44.28% 44.28% 44.24% 44.23% 44.24% 44.22% 44.24%
No. of Shareholders 1,9632,2052,3052,4272,4372,4352,4382,4362,4603,3173,7784,200

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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