Mewar Hi-Tech Engineering Ltd

Mewar Hi-Tech Engineering Ltd

₹ 50.0 2.04%
26 May 2022
About

Mewar Hi-Tech Engineering is a leading and pioneering enterprise providing top-notch services in the industry.

  • Market Cap 19.5 Cr.
  • Current Price 50.0
  • High / Low /
  • Stock P/E 9.34
  • Book Value 18.6
  • Dividend Yield 0.00 %
  • ROCE 11.5 %
  • ROE 11.9 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.68 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.47% over past five years.
  • Company has a low return on equity of -13.4% 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: Engineering Industry: Engineering

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
24.22 29.02 17.17 29.18 15.79 17.39 20.83 31.20 18.82
22.43 26.48 15.57 26.76 14.65 16.55 20.46 26.61 17.36
Operating Profit 1.79 2.54 1.60 2.42 1.14 0.84 0.37 4.59 1.46
OPM % 7.39% 8.75% 9.32% 8.29% 7.22% 4.83% 1.78% 14.71% 7.76%
0.20 0.00 0.50 0.09 0.50 0.00 0.33 0.00 0.00
Interest 1.31 1.57 1.39 1.65 0.86 1.24 1.16 1.49 1.31
Depreciation 0.47 0.55 0.57 0.47 0.63 0.95 1.00 0.68 0.48
Profit before tax 0.21 0.42 0.14 0.39 0.15 -1.35 -1.46 2.42 -0.33
Tax % 47.62% 45.24% 71.43% 25.64% 66.67% -11.85% 0.00% 0.00% 0.00%
0.11 0.23 0.05 0.29 0.05 -1.51 -1.46 2.42 -0.33
EPS in Rs 0.28 0.59 0.13 0.74 0.13 -3.87 -3.74 6.20 -0.85
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
19.92 33.20 23.65 40.73 24.90 36.93 62.03 60.25 52.74 46.35 31.79 51.99 50.02
17.74 30.93 21.05 37.49 21.70 32.72 56.80 56.57 48.70 42.31 33.51 46.99 43.97
Operating Profit 2.18 2.27 2.60 3.24 3.20 4.21 5.23 3.68 4.04 4.04 -1.72 5.00 6.05
OPM % 10.94% 6.84% 10.99% 7.95% 12.85% 11.40% 8.43% 6.11% 7.66% 8.72% -5.41% 9.62% 12.10%
0.15 0.68 0.30 0.11 0.42 0.46 0.39 0.13 0.50 0.59 1.07 0.29 0.00
Interest 0.93 1.21 1.51 1.70 2.23 2.57 2.23 2.08 2.89 3.05 2.42 2.65 2.80
Depreciation 0.51 0.75 0.86 1.35 1.31 1.18 1.15 1.27 1.02 1.04 1.58 1.68 1.16
Profit before tax 0.89 0.99 0.53 0.30 0.08 0.92 2.24 0.46 0.63 0.54 -4.65 0.96 2.09
Tax % 31.46% 35.35% 39.62% 36.67% 25.00% 47.83% 44.64% 84.78% 46.03% 37.04% -3.44% 15.62%
0.62 0.64 0.32 0.19 0.06 0.49 1.24 0.07 0.34 0.34 -4.81 0.81 2.09
EPS in Rs 14.51 10.18 5.09 3.02 0.21 1.26 3.18 0.18 0.87 0.87 -12.32 2.08 5.35
Dividend Payout % 6.94% 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: 5%
5 Years: -3%
3 Years: 0%
TTM: 31%
Compounded Profit Growth
10 Years: 3%
5 Years: -6%
3 Years: 36%
TTM: 170%
Stock Price CAGR
10 Years: %
5 Years: 7%
3 Years: 11%
1 Year: %
Return on Equity
10 Years: -1%
5 Years: -7%
3 Years: -13%
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 0.43 0.63 0.63 0.63 2.84 3.90 3.90 3.90 3.90 3.90 3.90 3.90 3.90
Reserves 4.97 6.38 5.50 5.60 3.90 5.66 6.90 6.97 7.39 7.73 2.91 3.72 3.38
7.88 9.59 13.85 14.08 19.06 17.89 18.97 20.21 23.09 23.26 23.65 25.49 22.46
6.87 8.36 11.16 14.22 14.69 24.06 21.69 16.84 16.40 19.78 21.92 16.51 20.41
Total Liabilities 20.15 24.96 31.14 34.53 40.49 51.51 51.46 47.92 50.78 54.67 52.38 49.62 50.15
4.53 6.55 7.28 8.17 7.43 7.38 7.86 7.70 7.03 9.00 10.72 9.67 9.27
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.11 0.11 0.11 0.11 0.11 0.16 0.17 0.17 0.11 0.11 0.11 0.11 0.11
15.51 18.30 23.75 26.25 32.95 43.97 43.43 40.05 43.64 45.56 41.55 39.84 40.77
Total Assets 20.15 24.96 31.14 34.53 40.49 51.51 51.46 47.92 50.78 54.67 52.38 49.62 50.15

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
-0.85 0.96 0.57 3.31 -2.64 2.19 2.30 0.00 0.00 0.00 9.33 -1.38
-1.24 -2.38 -1.31 -2.23 -0.20 -1.11 -1.47 0.00 0.00 0.00 -6.92 2.44
2.13 1.46 0.84 -1.12 3.03 -1.26 -0.55 0.00 0.00 0.00 -2.13 -1.27
Net Cash Flow 0.04 0.03 0.11 -0.04 0.18 -0.17 0.28 0.00 0.00 0.00 0.27 -0.21

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 39.58 32.10 25.77 41.58 87.37 85.79 73.08 62.94 74.81 109.78 124.92 94.43
Inventory Days 248.46 143.97 431.00 219.76 550.49 503.34 204.85 192.91 248.96 304.11 310.38 218.36
Days Payable 76.91 75.90 95.30 100.55 309.61 334.38 139.96 113.12 138.59 188.09 272.27 148.06
Cash Conversion Cycle 211.13 100.17 361.47 160.79 328.25 254.75 137.98 142.73 185.19 225.80 163.03 164.72
Working Capital Days 137.61 100.16 168.84 95.80 236.59 179.78 120.33 135.52 166.44 189.23 159.59 143.36
ROCE % 15.91% 14.73% 11.10% 9.88% 10.02% 13.11% 15.34% 8.45% 10.75% 10.37% -7.25% 11.51%

Shareholding Pattern

Numbers in percentages

Sep 2019Mar 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024
55.40% 55.40% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01%
44.60% 44.60% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99%
No. of Shareholders 606161595552525454545454

Documents