Mehai Technology Ltd

Mehai Technology Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mehai Technology Ltd

₹ 220 1.99%
11 Dec 4:00 p.m.
mehaitech.co.in BSE: 540730
About

Incorporated in 2013, Mehai Technology Ltd deals in electronic Items and trading activities[1]

Key Points

Business Overview:[1]
Company is an electronics retail chain operator in Eastern India which provides customers with a one-stop-shop for all their electronics needs. At present, company has ~16 electronics retail stores in Patna and plans to open ~4 new stores in Kolkata

Website BSE
  • Market Cap ₹ 1,162 Cr.
  • Current Price ₹ 220
  • High / Low ₹ 220 / 18.0
  • Stock P/E 944
  • Book Value ₹ 25.0
  • Dividend Yield 0.00 %
  • ROCE 5.23 %
  • ROE 2.35 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 97.7 to 47.5 days.
  • Company's working capital requirements have reduced from 218 days to 125 days

Cons

  • Stock is trading at 8.81 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.64% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -15.6%

* 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.73 2.58 1.67 0.81 0.61 2.11 4.51 1.87 3.81 4.82 5.48 1.99 10.17
0.62 2.46 1.56 0.75 0.59 1.97 3.82 1.76 3.41 4.44 5.01 1.48 8.68
Operating Profit 0.11 0.12 0.11 0.06 0.02 0.14 0.69 0.11 0.40 0.38 0.47 0.51 1.49
OPM % 15.07% 4.65% 6.59% 7.41% 3.28% 6.64% 15.30% 5.88% 10.50% 7.88% 8.58% 25.63% 14.65%
0.00 0.02 0.02 0.03 0.06 0.02 0.02 0.26 0.09 0.13 0.04 0.03 0.04
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.11 0.15 0.12 0.14 0.25 0.30
Depreciation 0.01 0.01 0.12 0.03 0.03 0.03 0.04 0.04 0.05 0.06 0.11 0.07 0.07
Profit before tax 0.10 0.13 0.01 0.06 0.05 0.12 0.65 0.22 0.29 0.33 0.26 0.22 1.16
Tax % 30.00% 23.08% 0.00% 16.67% 20.00% 25.00% 47.69% 36.36% 20.69% 27.27% 80.77% 27.27% 31.03%
0.07 0.10 0.01 0.04 0.03 0.09 0.34 0.14 0.23 0.24 0.04 0.15 0.80
EPS in Rs 0.07 0.09 0.01 0.04 0.03 0.08 0.32 0.13 0.21 0.14 0.02 0.06 0.32
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 4m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.00 0.62 1.24 5.22 5.35 20.82 24.54 5.08 6.01 8.04 15.99 22.46
0.00 0.60 1.21 4.78 5.30 20.57 24.60 4.83 5.52 7.14 14.21 19.61
Operating Profit 0.00 0.02 0.03 0.44 0.05 0.25 -0.06 0.25 0.49 0.90 1.78 2.85
OPM % 3.23% 2.42% 8.43% 0.93% 1.20% -0.24% 4.92% 8.15% 11.19% 11.13% 12.69%
0.00 0.00 0.00 0.00 0.33 0.34 0.27 0.04 0.03 0.13 0.10 0.24
Interest 0.00 0.00 0.00 0.00 0.08 0.08 0.13 0.00 0.01 0.03 0.53 0.81
Depreciation 0.00 0.00 0.01 0.01 0.13 0.16 0.17 0.17 0.15 0.14 0.27 0.31
Profit before tax 0.00 0.02 0.02 0.43 0.17 0.35 -0.09 0.12 0.36 0.86 1.08 1.97
Tax % 0.00% 0.00% 27.91% 35.29% 40.00% -22.22% 33.33% 25.00% 43.02% 39.81%
0.00 0.01 0.01 0.31 0.10 0.22 -0.07 0.09 0.27 0.50 0.66 1.23
EPS in Rs 0.50 0.50 15.50 0.09 0.21 -0.07 0.08 0.25 0.47 0.34 0.54
Dividend Payout % 0.00% 0.00% 0.00% 26.80% 24.34% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -5%
3 Years: 47%
TTM: 83%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 94%
TTM: 54%
Stock Price CAGR
10 Years: %
5 Years: 5%
3 Years: 70%
1 Year: 806%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.09 0.09 0.09 5.36 10.71 10.71 10.71 10.71 10.71 19.61 29.71
Reserves 0.00 0.01 0.03 0.33 7.17 1.95 1.88 1.97 2.24 2.74 23.05 32.10
0.05 0.00 0.00 3.25 0.00 0.54 0.00 0.11 0.08 1.49 3.95 18.42
0.12 0.45 0.84 4.85 1.62 3.23 4.13 1.51 1.38 1.80 1.40 6.98
Total Liabilities 0.18 0.55 0.96 8.52 14.15 16.43 16.72 14.30 14.41 16.74 48.01 87.21
0.00 0.16 0.15 1.61 1.54 1.98 1.82 1.68 1.53 1.75 2.15 2.00
CWIP 0.00 0.00 0.00 0.00 0.35 0.00 0.00 0.00 0.00 3.65 9.14 10.06
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03 0.03
0.18 0.39 0.81 6.91 12.26 14.45 14.90 12.62 12.88 11.32 36.69 75.12
Total Assets 0.18 0.55 0.96 8.52 14.15 16.43 16.72 14.30 14.41 16.74 48.01 87.21

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.17 0.28 -0.70 1.23 -6.16 -0.99 -1.17 2.82 -0.03 3.28 -10.76
0.00 -0.16 0.00 -1.47 -0.66 -0.24 -0.02 -0.02 0.08 -4.02 -20.11
0.18 -0.10 0.70 3.25 8.67 -3.09 0.67 -2.76 -0.04 1.39 30.49
Net Cash Flow 0.01 0.02 0.00 3.01 1.85 -4.32 -0.52 0.04 0.00 0.65 -0.38

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 44.15 239.84 95.51 113.78 91.32 415.30 205.27 40.40 47.48
Inventory Days 435.19 321.42 35.18 56.35 49.77 4.02 53.91 158.43 121.27 118.56
Days Payable 603.65 65.37 221.64 121.11 51.82 56.50 69.82 75.33 63.63 9.62
Cash Conversion Cycle -168.46 300.20 53.38 30.76 111.73 38.85 399.39 288.37 98.04 156.42
Working Capital Days -76.53 176.61 -18.88 371.14 122.02 121.82 405.24 369.86 158.44 125.09
ROCE % 25.00% 18.18% 22.69% 3.09% 3.34% 0.31% 0.95% 2.87% 6.36% 5.23%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.95% 0.00% 70.14% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16% 56.33% 56.33%
28.05% 100.00% 29.87% 47.84% 47.85% 47.85% 47.85% 47.85% 47.84% 47.85% 43.67% 43.67%
No. of Shareholders 1,1274,7154,71512,53910,82010,0719,2538,8289,53410,2109,3357,503

Documents

Announcements

Annual reports

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