Mahaveer Infoway Ltd
Incorporated in 1991, Mahaveer Infoway Ltd is engaged in carrying activities of mobile handset manufacturing and trading under the brand name ‘ZINK’. Company also does staffing and software development services.
- Market Cap ₹ 4.95 Cr.
- Current Price ₹ 8.98
- High / Low ₹ 12.5 / 6.13
- Stock P/E 165
- Book Value ₹ 8.39
- Dividend Yield 0.00 %
- ROCE 9.25 %
- ROE 9.56 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.07 times its book value
- Debtor days have improved from 226 to 92.4 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.33% over last 3 years.
* 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: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23.32 | 51.37 | 72.19 | 55.96 | 25.81 | 11.04 | 2.28 | 1.68 | 2.20 | 1.24 | 3.04 | 4.11 | 6.17 | |
27.15 | 55.10 | 77.04 | 61.21 | 29.74 | 14.39 | 2.43 | 2.29 | 2.35 | 1.26 | 2.58 | 3.57 | 6.03 | |
Operating Profit | -3.83 | -3.73 | -4.85 | -5.25 | -3.93 | -3.35 | -0.15 | -0.61 | -0.15 | -0.02 | 0.46 | 0.54 | 0.14 |
OPM % | -16.42% | -7.26% | -6.72% | -9.38% | -15.23% | -30.34% | -6.58% | -36.31% | -6.82% | -1.61% | 15.13% | 13.14% | 2.27% |
4.76 | 4.66 | 5.79 | 6.31 | 4.67 | 3.63 | 0.18 | 0.42 | 0.00 | -0.14 | 0.00 | -0.55 | 0.09 | |
Interest | 0.54 | 0.58 | 0.57 | 0.69 | 0.61 | 0.64 | 0.49 | 0.36 | 0.32 | 0.23 | 0.16 | 0.16 | 0.12 |
Depreciation | 0.08 | 0.10 | 0.09 | 0.09 | 0.08 | 0.06 | 0.10 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.06 |
Profit before tax | 0.31 | 0.25 | 0.28 | 0.28 | 0.05 | -0.42 | -0.56 | -0.64 | -0.56 | -0.46 | 0.23 | -0.23 | 0.05 |
Tax % | 32.26% | 4.00% | 35.71% | 39.29% | -20.00% | -2.38% | -1.79% | -1.56% | 12.50% | -2.17% | 13.04% | -34.78% | |
0.21 | 0.24 | 0.19 | 0.17 | 0.06 | -0.42 | -0.57 | -0.65 | -0.48 | -0.47 | 0.21 | -0.31 | 0.03 | |
EPS in Rs | 0.38 | 0.44 | 0.34 | 0.31 | 0.11 | -0.76 | -1.03 | -1.18 | -0.87 | -0.85 | 0.38 | -0.56 | 0.05 |
Dividend Payout % | 65.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -22% |
5 Years: | 13% |
3 Years: | 23% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 22% |
3 Years: | 43% |
TTM: | -93% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 47% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -3% |
3 Years: | 2% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 |
Reserves | 0.86 | 1.10 | 1.29 | 1.46 | 1.52 | 1.10 | 0.54 | -0.11 | -0.59 | -1.06 | -0.85 | -1.17 | -0.89 |
0.09 | 5.09 | 5.44 | 5.80 | 5.87 | 5.52 | 4.00 | 3.36 | 3.63 | 2.93 | 1.98 | 1.35 | 0.89 | |
10.87 | 4.00 | 8.03 | 2.65 | 0.56 | 2.26 | 0.76 | 0.97 | 0.27 | 0.36 | 1.59 | 2.99 | 2.57 | |
Total Liabilities | 17.33 | 15.70 | 20.27 | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 8.08 |
0.72 | 0.66 | 0.61 | 0.35 | 0.31 | 0.25 | 1.30 | 1.36 | 1.33 | 1.34 | 1.29 | 1.20 | 1.33 | |
CWIP | 0.09 | 0.22 | 0.37 | 1.42 | 1.14 | 1.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.67 | 1.89 | 1.83 | 1.75 | 2.03 | 2.03 | 2.39 | 1.78 | 1.78 | 1.07 | 1.07 | 0.58 | 0.58 |
14.85 | 12.93 | 17.46 | 11.90 | 9.98 | 10.97 | 7.12 | 6.59 | 5.71 | 5.33 | 5.87 | 6.90 | 6.17 | |
Total Assets | 17.33 | 15.70 | 20.27 | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 8.08 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.83 | 0.88 | -0.58 | 1.36 | 0.77 | 0.25 | 1.95 | 0.00 | 0.31 | -0.44 | 1.12 | 0.70 | |
-0.71 | -0.16 | 0.05 | -0.77 | 0.00 | 0.12 | -0.36 | 0.55 | 0.00 | 0.72 | -0.02 | 0.50 | |
1.75 | -0.02 | -0.18 | -0.24 | -0.53 | -0.95 | -1.99 | -0.58 | -0.29 | -0.28 | -1.09 | -0.74 | |
Net Cash Flow | 0.21 | 0.70 | -0.71 | 0.36 | 0.24 | -0.58 | -0.40 | -0.03 | 0.02 | 0.00 | 0.01 | 0.46 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 87.02 | 37.09 | 50.21 | 37.37 | 43.98 | 106.46 | 324.98 | 469.29 | 283.70 | 423.87 | 160.89 | 92.36 |
Inventory Days | 91.72 | 19.56 | 21.83 | 16.93 | 36.49 | 128.70 | 425.83 | 335.45 | 399.35 | 600.80 | 369.17 | 305.22 |
Days Payable | 79.78 | 16.04 | 29.86 | 11.71 | 4.10 | 63.29 | 79.08 | 67.79 | 38.65 | 80.75 | 0.00 | 15.73 |
Cash Conversion Cycle | 98.96 | 40.61 | 42.18 | 42.59 | 76.36 | 171.86 | 671.73 | 736.95 | 644.41 | 943.92 | 530.06 | 381.84 |
Working Capital Days | 127.09 | 55.28 | 45.45 | 55.25 | 118.65 | 272.76 | 1,008.55 | 1,205.80 | 885.95 | 1,433.51 | 499.47 | 294.84 |
ROCE % | 13.22% | 9.14% | 7.10% | 7.76% | 5.14% | 1.76% | -0.63% | -2.98% | -2.77% | -1.00% | 5.56% | 9.25% |
Documents
Announcements
- Compliance As Per Regulation 40 (10) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31.03.2024 13 Apr
- Compliance Under Regulation 7(3) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 13 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr
- Submission Of Copy Of Public Notice For Completion Of Dispatch Of EGM Notice 6 Apr
- Submission Of EGM Notice Which Is Dispatched To Shareholders Of The Company. 6 Apr
Annual reports
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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 2012
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Financial Year 2011
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Services Offered:
a) Cloud Services:[1] Consulting and Strategy, Migration, Custom Development
b) Development Services:[2] Ms Net, Java/J2EE, SharePoint
c) Mobile Enablement:[3] Android, BlackBerry, Symbian/Ovi, Windows Mobile, iPhone, J2ME platforms
d) Testing Services:[4] Testing Overview, Security Testing, Consulting Services, Performance Engineering, Software Validation, Test Automation, Tools Expertise, Engagement Model
e) Strategic Sourcing:[5][6] Virtual Teams, IT Staffing