Mehul Telecom Ltd
Incorporated in 2023, Mehul Telecom Ltd trades in mobile phones and mobile accessories through its retail chains.[1]
- Market Cap ₹ 127 Cr.
- Current Price ₹ 121
- High / Low ₹ 148 / 76.0
- Stock P/E 12.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 57.1 %
- ROE 44.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 51.0%
Cons
* 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
Consumer Discretionary Consumer Services Retailing Speciality Retail
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 0 | 115 | 200 | |
| 0 | 108 | 186 | |
| Operating Profit | -0 | 8 | 14 |
| OPM % | 7% | 7% | |
| 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | -0 | 8 | 13 |
| Tax % | 0% | 25% | 26% |
| -0 | 6 | 10 | |
| EPS in Rs | -0.02 | 7.64 | 13.07 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| Last Year: | 45% |
Balance Sheet
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.10 | 8 | 8 |
| Reserves | -0 | 10 | 20 |
| 0 | 0 | 3 | |
| 0 | 16 | 27 | |
| Total Liabilities | 0 | 34 | 58 |
| 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 0 | 34 | 57 | |
| Total Assets | 0 | 34 | 58 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -0 | -11 | -4 | |
| 0 | -0 | -1 | |
| 0 | 15 | 3 | |
| Net Cash Flow | 0 | 4 | -1 |
| Free Cash Flow | -0 | -11 | -4 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 900% | -145% | -14% |
Ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 21 | 31 | |
| Inventory Days | 65 | 61 | |
| Days Payable | 38 | 31 | |
| Cash Conversion Cycle | 47 | 61 | |
| Working Capital Days | 54 | 61 | |
| ROCE % | 90% | 57% |
Documents
Announcements
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Announcement Regarding Newly Opened Franchise Retail Store By Mehul Telecom Limited
- Mehul Telecom opened a new franchise retail store in Amraiwadi, Ahmedabad on 28 October 2026.
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Announcement Regarding Newly Opened Franchise Retail Store By Mehul Telecom Limited
- Mehul Telecom opened a new franchise store in Tankara, Gujarat on 25 October 2026.
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Announcement Regarding Newly Opened Franchise Retail Store By Mehul Telecom Limited
- Mehul Telecom opened a new franchise retail store in Himmatnagar, Gujarat, on 22 October 2026.
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Announcement Regarding Newly Opened Franchise Retail Store By Mehul Telecom Limited
- Mehul Telecom opened a new franchise store in Visnagar, Gujarat on 20 October 2026.
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Announcement Regarding 3 Newly Opened Franchise Retail Stores By Mehul Telecom Limited
- Mehul Telecom opened 3 franchise retail stores in Gariadhar, Rajula and Narol on 18 Oct 2026.
Business Overview:[1]
MTL operates under the brand name Mehul Telecom. It is a multi-brand retail company engaged in the sale of smartphones, consumer electronics, mobile accessories, and connected lifestyle products.