Mehul Telecom Ltd
Incorporated in May 2023, Mehul
Telecom is a multi-brand mobile
retail chain offering smartphones
and accessories.[1]
- Market Cap ₹ 115 Cr.
- Current Price ₹ 110
- High / Low ₹ 127 / 76.0
- Stock P/E 11.5
- 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 | -1.00 | 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/OP | 900% | -145% | -14% |
Ratios
Figures in Rs. Crores
| 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
-
Announcement Regarding Newly Opened Franchise Retail Store
- Opened a new franchise retail store in Khambhalia, Devbhumi Dwarka, Gujarat on 19 September 2026.
-
Announcement Regarding 2 (TWO) Newly Opened Retail Store
- Mehul Telecom opened two new own retail stores in Ahmedabad on 14 September 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
E-VOTING INFORMATION FOR THE PURPOSE OF 03RD ANNUAL GENERAL MEETING OF THE COMPANY
- Book closure 23-30 Sep 2026; cut-off date 18 Sep 2026; e-voting 25-29 Sep 2026 for AGM.
- RECORD DATE FOR THE PURPOSE OF THE 03RD AGM
Business Profile:[1]
Mehul Telecom Limited is a multi-brand mobile retail chain operating under the brand Mehul Telecom, and engaged in the sale of smart phones, consumer electronics, and accessories through a hybrid COCO (Company Owned Company Operated) and FOFO (Franchise Owned Franchise Operated) model.