Mehai Technology Ltd

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

Mehai Technology Ltd

₹ 26.7 1.10%
26 Apr 12:41 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 ₹ 28.6 Cr.
  • Current Price ₹ 26.7
  • High / Low ₹ 36.4 / 14.4
  • Stock P/E 30.1
  • Book Value ₹ 24.0
  • Dividend Yield 0.00 %
  • ROCE 6.44 %
  • ROE 3.79 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 1.10 times its book value
  • Debtor days have improved from 220 to 40.4 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.49% over past five years.
  • Company has a low return on equity of 2.23% over last 3 years.
  • Promoter holding has decreased over last 3 years: -19.8%

* 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

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
1.16 0.74 1.05 0.73 2.58 1.67 0.81 0.61 2.11 4.51 1.87 3.81 4.82
1.10 0.64 0.92 0.62 2.46 1.56 0.75 0.59 1.97 3.82 1.76 3.41 4.44
Operating Profit 0.06 0.10 0.13 0.11 0.12 0.11 0.06 0.02 0.14 0.69 0.11 0.40 0.38
OPM % 5.17% 13.51% 12.38% 15.07% 4.65% 6.59% 7.41% 3.28% 6.64% 15.30% 5.88% 10.50% 7.88%
0.00 0.02 0.00 0.00 0.02 0.02 0.03 0.06 0.02 0.02 0.26 0.09 0.13
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.11 0.15 0.12
Depreciation 0.04 0.04 0.01 0.01 0.01 0.12 0.03 0.03 0.03 0.04 0.04 0.05 0.06
Profit before tax 0.02 0.08 0.12 0.10 0.13 0.01 0.06 0.05 0.12 0.65 0.22 0.29 0.33
Tax % 0.00% 25.00% 25.00% 30.00% 23.08% 0.00% 16.67% 20.00% 25.00% 47.69% 36.36% 20.69% 27.27%
0.01 0.05 0.09 0.07 0.10 0.01 0.04 0.03 0.09 0.34 0.14 0.23 0.24
EPS in Rs 0.01 0.05 0.08 0.07 0.09 0.01 0.04 0.03 0.08 0.32 0.13 0.21 0.22
Raw PDF

Profit & Loss

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 TTM
0.00 0.62 1.24 5.22 5.35 20.82 24.54 5.08 6.01 8.04 15.01
0.00 0.60 1.21 4.78 5.30 20.57 24.60 4.83 5.52 7.13 13.43
Operating Profit 0.00 0.02 0.03 0.44 0.05 0.25 -0.06 0.25 0.49 0.91 1.58
OPM % 3.23% 2.42% 8.43% 0.93% 1.20% -0.24% 4.92% 8.15% 11.32% 10.53%
0.00 0.00 0.00 0.00 0.33 0.34 0.27 0.04 0.03 0.13 0.50
Interest 0.00 0.00 0.00 0.00 0.08 0.08 0.13 0.00 0.01 0.04 0.40
Depreciation 0.00 0.00 0.01 0.01 0.13 0.16 0.17 0.17 0.15 0.14 0.19
Profit before tax 0.00 0.02 0.02 0.43 0.17 0.35 -0.09 0.12 0.36 0.86 1.49
Tax % 0.00% 0.00% 27.91% 35.29% 40.00% 22.22% 33.33% 25.00% 43.02%
0.00 0.01 0.01 0.31 0.10 0.22 -0.07 0.09 0.27 0.50 0.95
EPS in Rs 0.50 0.50 15.50 0.09 0.21 -0.07 0.08 0.25 0.47 0.88
Dividend Payout % 0.00% 0.00% 0.00% 26.80% 24.34% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: -31%
TTM: 189%
Compounded Profit Growth
10 Years: %
5 Years: 38%
3 Years: 109%
TTM: 459%
Stock Price CAGR
10 Years: %
5 Years: -17%
3 Years: -26%
1 Year: 26%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 2%
Last Year: 4%

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 Sep 2023
Equity Capital 0.01 0.09 0.09 0.09 5.36 10.71 10.71 10.71 10.71 10.71 10.71
Reserves 0.00 0.01 0.03 0.33 7.17 1.95 1.88 1.97 2.24 2.74 14.99
0.05 0.00 0.00 3.25 0.00 0.54 0.00 0.11 0.08 1.49 3.25
0.12 0.45 0.84 4.85 1.62 3.23 4.13 1.51 1.38 1.80 5.24
Total Liabilities 0.18 0.55 0.96 8.52 14.15 16.43 16.72 14.30 14.41 16.74 34.19
0.00 0.16 0.15 1.61 1.54 1.98 1.82 1.68 1.53 1.75 2.04
CWIP 0.00 0.00 0.00 0.00 0.35 0.00 0.00 0.00 0.00 3.65 9.03
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.03
0.18 0.39 0.81 6.91 12.26 14.45 14.90 12.62 12.88 11.32 23.09
Total Assets 0.18 0.55 0.96 8.52 14.15 16.43 16.72 14.30 14.41 16.74 34.19

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
-0.17 0.28 -0.70 1.23 -6.16 -0.99 -1.17 2.82 -0.03 3.28
0.00 -0.16 0.00 -1.47 -0.66 -0.24 -0.02 -0.02 0.08 -4.02
0.18 -0.10 0.70 3.25 8.67 -3.09 0.67 -2.76 -0.04 1.39
Net Cash Flow 0.01 0.02 0.00 3.01 1.85 -4.32 -0.52 0.04 0.00 0.65

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
Debtor Days 0.00 44.15 239.84 95.51 113.78 91.32 415.30 205.27 40.40
Inventory Days 435.19 321.42 35.18 56.35 49.77 4.02 53.91 158.43 121.27
Days Payable 603.65 65.37 221.64 121.11 51.82 56.50 69.82 75.33 63.63
Cash Conversion Cycle -168.46 300.20 53.38 30.76 111.73 38.85 399.39 288.37 98.04
Working Capital Days -76.53 176.61 -18.88 371.14 122.02 121.82 405.24 369.86 158.44
ROCE % 25.00% 18.18% 22.69% 3.09% 3.34% 0.31% 0.95% 2.87% 6.44%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.95% 71.95% 71.95% 0.00% 70.14% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16%
28.05% 28.05% 28.05% 100.00% 29.87% 47.84% 47.85% 47.85% 47.85% 47.85% 47.84% 47.85%
No. of Shareholders 9029721,1274,7154,71512,53910,82010,0719,2538,8289,53410,210

Documents

Announcements

Annual reports

DRHP