Maestros Electronics & Telecommun. Systems Ltd

Maestros Electronics & Telecommun. Systems Ltd

₹ 161 17.27%
26 Apr - 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 88.5 Cr.
  • Current Price 161
  • High / Low 164 / 44.0
  • Stock P/E 23.6
  • Book Value 50.4
  • Dividend Yield 0.00 %
  • ROCE 16.3 %
  • ROE 12.2 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 209 to 149 days.

Cons

  • Earnings include an other income of Rs.1.69 Cr.
  • Promoter holding has decreased over last 3 years: -8.25%
  • Working capital days have increased from -90.3 days to 72.4 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

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2.18 2.06 3.43 1.99 2.85 2.88 3.96 6.63 4.46 9.55 10.08 5.69 3.35
2.66 1.96 3.02 1.70 2.72 2.69 3.45 5.34 4.32 7.85 7.68 5.16 3.45
Operating Profit -0.48 0.10 0.41 0.29 0.13 0.19 0.51 1.29 0.14 1.70 2.40 0.53 -0.10
OPM % -22.02% 4.85% 11.95% 14.57% 4.56% 6.60% 12.88% 19.46% 3.14% 17.80% 23.81% 9.31% -2.99%
0.18 0.64 0.45 0.30 0.41 0.34 0.25 0.33 0.28 0.43 0.34 0.32 0.60
Interest 0.46 0.30 0.09 0.24 0.06 0.07 0.11 0.14 0.11 0.16 0.19 0.27 0.15
Depreciation 0.09 0.10 0.08 0.09 0.10 0.11 0.09 0.09 0.10 0.11 0.10 0.11 0.12
Profit before tax -0.85 0.34 0.69 0.26 0.38 0.35 0.56 1.39 0.21 1.86 2.45 0.47 0.23
Tax % 0.00% -32.35% 27.54% 34.62% 28.95% 14.29% 28.57% 23.74% 28.57% 26.34% 25.71% 27.66% 21.74%
-0.85 0.44 0.49 0.18 0.27 0.31 0.41 1.05 0.14 1.38 1.83 0.35 0.19
EPS in Rs -1.54 0.80 0.89 0.33 0.49 0.56 0.74 1.91 0.25 2.50 3.32 0.64 0.34
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
8.36 10.23 14.30 16.54 11.04 12.86 9.22 9.53 13.54 47.55 11.15 24.60 28.67
8.01 9.50 13.30 15.09 10.27 11.38 9.47 8.87 11.94 39.06 10.11 20.93 24.14
Operating Profit 0.35 0.73 1.00 1.45 0.77 1.48 -0.25 0.66 1.60 8.49 1.04 3.67 4.53
OPM % 4.19% 7.14% 6.99% 8.77% 6.97% 11.51% -2.71% 6.93% 11.82% 17.85% 9.33% 14.92% 15.80%
0.14 0.08 0.39 0.55 0.84 0.52 0.82 0.58 0.47 0.96 1.48 1.26 1.69
Interest 0.09 0.12 0.32 0.42 0.32 0.37 0.33 0.31 1.10 1.37 0.46 0.52 0.77
Depreciation 0.08 0.27 0.39 0.56 0.65 0.60 0.44 0.46 0.45 0.36 0.37 0.39 0.44
Profit before tax 0.32 0.42 0.68 1.02 0.64 1.03 -0.20 0.47 0.52 7.72 1.69 4.02 5.01
Tax % 0.00% 30.95% 23.53% 32.35% 31.25% 32.04% -25.00% 25.53% 32.69% 26.94% 25.44% 25.87%
0.32 0.29 0.52 0.69 0.45 0.70 -0.25 0.34 0.35 5.64 1.25 2.98 3.75
EPS in Rs 0.98 0.88 1.59 1.88 1.13 1.62 -0.53 0.69 0.67 10.24 2.27 5.41 6.80
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.04% 0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: 22%
3 Years: 22%
TTM: 60%
Compounded Profit Growth
10 Years: 26%
5 Years: 69%
3 Years: 103%
TTM: 96%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: 35%
1 Year: 249%
Return on Equity
10 Years: 9%
5 Years: 11%
3 Years: 15%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3.28 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 4.26 4.55 5.07 5.97 6.91 7.79 8.24 9.02 9.94 16.08 17.05 20.06 22.24
0.97 4.27 3.53 3.99 2.59 3.88 2.61 2.56 8.23 2.10 2.10 4.79 4.61
3.12 4.40 5.12 6.00 7.37 6.14 5.98 5.56 17.08 34.39 29.43 11.99 13.23
Total Liabilities 11.63 16.50 17.00 19.64 20.84 22.12 21.54 22.08 40.49 58.08 54.09 42.35 45.59
3.24 3.49 6.56 6.38 5.89 8.44 8.09 8.22 8.01 7.89 7.85 8.46 8.27
CWIP 0.00 2.31 0.00 1.36 2.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
Investments 0.14 0.00 0.00 0.14 0.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
8.25 10.70 10.44 11.76 11.99 13.68 13.45 13.86 32.48 50.19 46.24 33.89 37.29
Total Assets 11.63 16.50 17.00 19.64 20.84 22.12 21.54 22.08 40.49 58.08 54.09 42.35 45.59

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.57 1.87 3.31 1.83 1.00 -1.39 -1.91 -0.85 -3.55 27.69 -8.47 -5.73
0.24 -0.89 -5.70 -1.33 -1.48 0.26 0.56 0.27 1.99 1.95 0.91 -0.04
0.27 1.92 0.09 0.63 0.47 0.68 0.47 0.23 2.09 -4.50 -0.74 -0.57
Net Cash Flow 2.08 2.90 -2.30 1.12 -0.02 -0.45 -0.88 -0.36 0.53 25.15 -8.30 -6.35

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 130.98 148.78 78.62 73.71 105.80 96.78 91.45 107.24 83.30 94.49 384.64 149.12
Inventory Days 11.20 32.55 7.19 20.24 34.11 83.72 172.85 221.61 524.81 179.81
Days Payable 124.84 130.77 113.16 137.12 309.85 199.24 318.37 221.61 153.48 137.38
Cash Conversion Cycle 17.34 50.56 -27.36 -43.17 -169.94 -18.74 -54.07 107.24 454.62 94.49 384.64 191.54
Working Capital Days 55.01 26.40 -24.76 -32.88 -82.98 2.84 -5.94 58.22 234.26 -123.13 -220.31 72.41
ROCE % 10.28% 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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