Mahaveer Infoway Ltd
Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services[1]
- Market Cap ₹ 4.66 Cr.
- Current Price ₹ 8.46
- High / Low ₹ 11.2 / 6.44
- Stock P/E
- Book Value ₹ 7.17
- Dividend Yield 0.00 %
- ROCE -5.27 %
- ROE -10.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.18 times its book value
- Debtor days have improved from 101 to 31.7 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.97% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
79.99 | 109.76 | 78.15 | 31.01 | 14.52 | 14.70 | 1.70 | 2.20 | 1.24 | 3.04 | 4.11 | 5.41 | |
83.80 | 115.51 | 83.61 | 34.72 | 17.88 | 14.46 | 2.34 | 2.35 | 1.26 | 2.58 | 4.21 | 5.85 | |
Operating Profit | -3.81 | -5.75 | -5.46 | -3.71 | -3.36 | 0.24 | -0.64 | -0.15 | -0.02 | 0.46 | -0.10 | -0.44 |
OPM % | -4.76% | -5.24% | -6.99% | -11.96% | -23.14% | 1.63% | -37.65% | -6.82% | -1.61% | 15.13% | -2.43% | -8.13% |
4.92 | 6.88 | 6.67 | 4.69 | 3.80 | 0.18 | 0.42 | 0.00 | -0.14 | 0.00 | 0.09 | 0.29 | |
Interest | 0.67 | 0.68 | 0.72 | 0.62 | 0.71 | 0.58 | 0.37 | 0.32 | 0.23 | 0.16 | 0.16 | 0.13 |
Depreciation | 0.10 | 0.09 | 0.09 | 0.08 | 0.07 | 0.15 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.11 |
Profit before tax | 0.34 | 0.36 | 0.40 | 0.28 | -0.34 | -0.31 | -0.68 | -0.56 | -0.46 | 0.23 | -0.23 | -0.39 |
Tax % | 11.76% | 36.11% | 37.50% | 17.86% | 11.76% | 25.81% | 1.47% | -12.50% | 2.17% | 13.04% | 34.78% | 2.56% |
0.30 | 0.24 | 0.25 | 0.23 | -0.37 | -0.38 | -0.68 | -0.48 | -0.47 | 0.21 | -0.31 | -0.39 | |
EPS in Rs | 0.54 | 0.44 | 0.45 | 0.42 | -0.67 | -0.69 | -1.23 | -0.87 | -0.85 | 0.38 | -0.56 | -0.71 |
Dividend Payout % | 0.00% | 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: | -26% |
5 Years: | 26% |
3 Years: | 63% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -13% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 30% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -6% |
3 Years: | -4% |
Last Year: | -10% |
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 | 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 | 1.17 | 1.40 | 1.59 | 1.82 | 1.43 | 1.06 | -0.02 | -0.50 | -0.97 | -0.76 | -1.17 | -1.56 |
5.82 | 6.68 | 6.20 | 6.51 | 6.71 | 6.76 | 3.35 | 3.63 | 2.92 | 1.98 | 1.36 | 1.73 | |
7.24 | 14.26 | 5.42 | 1.44 | 3.44 | 4.37 | 1.09 | 0.39 | 0.49 | 1.71 | 2.98 | 1.77 | |
Total Liabilities | 19.74 | 27.85 | 18.72 | 15.28 | 17.09 | 17.70 | 9.93 | 9.03 | 7.95 | 8.44 | 8.68 | 7.45 |
0.66 | 0.61 | 0.35 | 0.31 | 0.34 | 1.60 | 1.36 | 1.33 | 1.34 | 1.29 | 1.20 | 1.28 | |
CWIP | 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 | 1.87 | 1.79 | 1.71 | 1.99 | 2.03 | 2.39 | 1.75 | 1.75 | 1.04 | 1.04 | 0.58 | 0.32 |
16.99 | 25.08 | 15.24 | 11.84 | 13.58 | 13.71 | 6.82 | 5.95 | 5.57 | 6.11 | 6.90 | 5.85 | |
Total Assets | 19.74 | 27.85 | 18.72 | 15.28 | 17.09 | 17.70 | 9.93 | 9.03 | 7.95 | 8.44 | 8.68 | 7.45 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.57 | -0.99 | 2.14 | 0.69 | 0.44 | -0.68 | -0.01 | 0.31 | -0.44 | 1.12 | 0.70 | -0.28 | |
-0.16 | 0.05 | -0.76 | 0.00 | 0.02 | -0.62 | 0.55 | 0.00 | 0.72 | -0.02 | 0.50 | 0.34 | |
0.33 | 0.23 | -0.97 | -0.33 | -1.20 | 1.15 | -0.90 | -0.29 | -0.28 | -1.09 | -0.74 | -0.57 | |
Net Cash Flow | 0.74 | -0.71 | 0.40 | 0.36 | -0.74 | -0.16 | -0.36 | 0.02 | 0.00 | 0.01 | 0.46 | -0.51 |
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 | 34.82 | 50.78 | 39.00 | 46.49 | 105.08 | 192.18 | 493.82 | 308.59 | 468.02 | 177.70 | 92.36 | 31.71 |
Inventory Days | 16.90 | 20.47 | 14.39 | 40.07 | 138.88 | 105.43 | 327.65 | 399.35 | 600.80 | 369.17 | 305.22 | 116.28 |
Days Payable | 24.79 | 40.00 | 19.58 | 8.80 | 76.77 | 117.48 | 71.30 | 42.94 | 87.21 | 6.26 | 15.73 | 22.61 |
Cash Conversion Cycle | 26.93 | 31.25 | 33.81 | 77.77 | 167.19 | 180.13 | 750.17 | 665.00 | 981.61 | 540.61 | 381.84 | 125.38 |
Working Capital Days | 15.97 | 15.83 | 14.15 | 32.84 | 75.41 | 67.29 | 513.15 | 316.89 | 629.92 | 286.96 | 174.95 | 150.45 |
ROCE % | 7.96% | 8.29% | 6.58% | 2.67% | 1.96% | -2.72% | -2.72% | -0.98% | 5.44% | -1.12% | -5.27% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Sep - 34th AGM (29 Aug 2025): accounts adopted; borrowing limit raised to Rs50 crore; Sachin Jain regularized as Director.
-
Proceeding Of The AGM Held For FY 2024-25
29 Aug - 34th AGM (29 Aug 2025): approved Rs.50 crore borrowing limit; regularize director; RPT, loans/investments; financial statements.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Aug
-
Reg. 34 (1) Annual Report.
8 Aug - Mahaveer Infoway's 34th AGM on 29 Aug 2025 covers financials, director changes, borrowing limit increase to Rs.50 Cr.
- Notice Of AGM Of The Comany For The F/Y 2024-25 8 Aug
Annual reports
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Financial Year 2025
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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 2012
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Financial Year 2011
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Business Overview:[1][2]
MIL offers information and communication services involving computer programming,
consultancy, and related activities. It delivers a wide range of consulting and IT services, with a focus on proprietary product development and the creation of software solutions