IMEC Services Ltd
Incorporated in 1987, IMEC Services Ltd
is engaged in providing Management and Consultancy Services, including information technology, engineering, and technical services.[1]
- Market Cap ₹ 32.4 Cr.
- Current Price ₹ 171
- High / Low ₹ 448 / 54.2
- Stock P/E 1.41
- Book Value ₹ 135
- Dividend Yield 0.00 %
- ROCE 177 %
- ROE 177 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 380% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 145%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.50%
- Promoter holding is low: 28.8%
- Company has high debtors of 266 days.
- Working capital days have increased from 132 days to 298 days
* 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
Services Services Commercial Services & Supplies Consulting Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 276 | 227 | 33 | 15 | 1 | 1 | 3 | 0 | 3 | 9 | 6 | 28 | 25 | |
| 276 | 227 | 86 | 15 | 1 | 1 | 3 | 0 | 3 | 8 | 6 | 3 | 2 | |
| Operating Profit | -0 | 0 | -53 | 0 | -0 | 1 | 0 | -0 | -0 | 0 | 0 | 25 | 23 |
| OPM % | -0% | 0% | -158% | 0% | -51% | 48% | 1% | -96% | -2% | 1% | 1% | 88% | 90% |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | -53 | 0 | -0 | 1 | 0 | -0 | -0 | 0 | 0 | 25 | 23 |
| Tax % | 125% | 54% | 8% | -14% | 0% | 91% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -0 | 0 | -57 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | 25 | 23 | |
| EPS in Rs | -0.04 | 0.01 | -11.42 | 0.01 | -0.05 | 0.01 | 0.00 | -0.04 | -0.01 | 0.01 | 0.16 | 133.79 | 121.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -19% |
| 5 Years: | 58% |
| 3 Years: | 103% |
| TTM: | 264% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 83% |
| 5 Years: | 380% |
| 3 Years: | 761% |
| TTM: | 613% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 44% |
| 5 Years: | 160% |
| 3 Years: | 348% |
| 1 Year: | 180% |
| Return on Equity | |
|---|---|
| 10 Years: | -53% |
| 5 Years: | 121% |
| 3 Years: | 145% |
| Last Year: | 177% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 2 | 2 | 2 |
| Reserves | 9 | 9 | -48 | -47 | -47 | -48 | -48 | -48 | -48 | -48 | -0 | 25 | 24 |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 8 | 17 | 14 | 16 | 2 | 0 | 3 | 3 | 1 | 5 | 1 | 4 | 1 | |
| Total Liabilities | 68 | 76 | 16 | 19 | 5 | 2 | 4 | 4 | 3 | 6 | 3 | 31 | 27 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 51 | 53 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 18 | 23 | 15 | 17 | 4 | 2 | 4 | 4 | 3 | 6 | 3 | 31 | 27 | |
| Total Assets | 68 | 76 | 16 | 19 | 5 | 2 | 4 | 4 | 3 | 6 | 3 | 31 | 27 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 3 | 0 | 1 | -1 | 0 | -0 | 0 | 0 | 0 | 0 | 9 | |
| 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -5 | |
| -0 | -1 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | |
| Net Cash Flow | -0 | -0 | 1 | 1 | -1 | 0 | -0 | 0 | 0 | 0 | 0 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 27 | 149 | 355 | 1,761 | 98 | 369 | 4,167 | 45 | 29 | 5 | 266 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 156 | 217 | 79 | ||||
| Days Payable | 311 | 350 | 125 | |||||||||
| Cash Conversion Cycle | 11 | 27 | 149 | 355 | 1,761 | 98 | 369 | 4,167 | -110 | -104 | -41 | 266 |
| Working Capital Days | 4 | 1 | 4 | -6 | 730 | 439 | 221 | 2,312 | 154 | 44 | 55 | 298 |
| ROCE % | 2% | 0% | -174% | 3% | -8% | 25% | 2% | -13% | -3% | 5% | 2% | 177% |
Insights
In beta| Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees (Standalone - IMEC) Number |
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| Sale of Products (Consolidated) Rs. Lacs |
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| Job Work Processing Charges Received Rs. Lacs |
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| Debtors Turnover Ratio (Consolidated) Days |
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| Capacity Utilization (Subsidiary - RSAL Steel) % |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Newspaper publication of extract of the unaudited Standalone financial results for the quarter and nine months ended December 31, 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
14 Feb - Unaudited results for quarter/nine months to Dec 31, 2025; CS resigns effective March 2, 2026.; significant receivables noted (₹19.57cr).","checklist":["Review announcement contents for material events","Identify regulatory …
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Announcement under Regulation 30 (LODR)-Change in Management
14 Feb - Board approved unaudited Q3/9M results; CS resigns effective 02-Mar-2026; ₹19.57 crore receivables unrecovered.
- Board Meeting Outcome Is Enclosed. 14 Feb
-
Board Meeting Outcome for Board Meeting Outcome Is Enclosed.
14 Feb - Approved Q3/9M Dec 31, 2025 results; CS resigns effective Mar 02, 2026; auditor flagged Rs19.57 crore uncollected receivables.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
from bse
Business Overview:[1][2]
IMECSL is engaged in providing management and consultancy services, and also in the business of trading of all kinds of goods
including agricultural products, metal & metal alloys, etc.