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 ₹ 31.3 Cr.
- Current Price ₹ 165
- High / Low ₹ 448 / 54.2
- Stock P/E
- Book Value ₹ 8.63
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 19.7 times its book value
- Promoter holding has decreased over last quarter: -1.50%
- The company has delivered a poor sales growth of -35.8% over past five years.
- Promoter holding is low: 28.8%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 18m | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,769 | 1,011 | 885 | 475 | 154 | 84 | 59 | 20 | 12 | 36 | 43 | 6 | |
| 1,711 | 974 | 850 | 530 | 190 | 106 | 94 | 77 | 18 | 36 | 44 | 6 | |
| Operating Profit | 58 | 37 | 34 | -55 | -36 | -22 | -35 | -58 | -6 | -0 | -1 | 0 |
| OPM % | 3% | 4% | 4% | -12% | -23% | -26% | -59% | -292% | -51% | -1% | -2% | 0% |
| 8 | 3 | 3 | 3 | 1 | 0 | 0 | 0 | 2 | -0 | -0 | 300 | |
| Interest | 52 | 33 | 31 | 34 | 38 | 39 | 2 | 2 | 2 | 2 | 2 | 0 |
| Depreciation | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Profit before tax | 9 | 4 | 4 | -88 | -75 | -63 | -39 | -61 | -8 | -4 | -5 | 300 |
| Tax % | 42% | 45% | 31% | 8% | -1% | -0% | -16% | 11% | 0% | 0% | 0% | 0% |
| 5 | 2 | 2 | -95 | -74 | -63 | -32 | -68 | -8 | -4 | -5 | 300 | |
| EPS in Rs | 1.08 | 0.43 | 0.49 | -19.01 | -14.85 | -12.54 | -6.47 | -13.54 | -1.56 | -0.81 | -0.91 | 1,578.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -40% |
| 5 Years: | -36% |
| 3 Years: | -19% |
| TTM: | -85% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 8% |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 44% |
| 5 Years: | 160% |
| 3 Years: | 348% |
| 1 Year: | 180% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 2 |
| Reserves | 20 | 15 | 10 | -85 | -178 | -240 | -274 | -342 | -349 | -353 | -358 | -0 |
| 79 | 79 | 69 | 120 | 211 | 189 | 201 | 201 | 204 | 204 | 204 | 0 | |
| 190 | 167 | 153 | 151 | 102 | 136 | 123 | 130 | 132 | 133 | 140 | 1 | |
| Total Liabilities | 339 | 312 | 283 | 236 | 185 | 134 | 101 | 40 | 37 | 34 | 36 | 3 |
| 44 | 42 | 29 | 27 | 26 | 25 | 24 | 22 | 20 | 18 | 16 | 0 | |
| CWIP | 4 | 5 | 5 | 8 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| 291 | 264 | 248 | 201 | 151 | 101 | 71 | 12 | 12 | 10 | 14 | 3 | |
| Total Assets | 339 | 312 | 283 | 236 | 185 | 134 | 101 | 40 | 37 | 34 | 36 | 3 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 70 | 37 | 22 | -23 | -62 | 63 | -13 | 1 | -1 | 2 | 2 | -0 | |
| 1 | -0 | 20 | 3 | 4 | -2 | 1 | 0 | -0 | 0 | -0 | -0 | |
| -54 | -33 | -41 | 17 | 58 | -62 | 11 | -2 | 1 | -2 | -2 | 0 | |
| Net Cash Flow | 17 | 3 | 1 | -3 | -0 | -0 | -1 | -1 | 0 | 0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 30 | 41 | 48 | 73 | 187 | 226 | 196 | 57 | 102 | 14 | 12 | 5 |
| Inventory Days | 20 | 31 | 28 | 19 | 25 | 56 | 45 | 118 | 728 | 127 | 162 | 79 |
| Days Payable | 32 | 52 | 55 | 90 | 67 | 134 | 43 | 360 | 1,979 | 331 | 334 | 125 |
| Cash Conversion Cycle | 19 | 20 | 22 | 2 | 144 | 148 | 198 | -185 | -1,149 | -190 | -160 | -41 |
| Working Capital Days | 4 | 10 | 11 | -49 | -260 | -797 | -1,348 | -5,078 | -8,292 | -2,830 | -2,359 | 55 |
| ROCE % | 42% | 25% | 24% | -48% | -42% | -57% |
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 ・Standalone data |
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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) % ・Standalone data |
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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 …
-
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
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2011
from bse
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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.