Mehul Telecom Ltd
Incorporated in May 2023, Mehul
Telecom is a multi-brand mobile
retail chain offering smartphones
and accessories.[1]
- Market Cap ₹ 97.4 Cr.
- Current Price ₹ 93.2
- High / Low ₹ 127 / 79.4
- Stock P/E 9.78
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 57.2 %
- ROE 45.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 50.9%
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 | 7.53 | 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: | 74% |
| 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 | 9 | 20 |
| 0 | 0 | 3 | |
| 0 | 17 | 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% | -121% | -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
-
Non Applicability Of Regulation 32 (1) (3)- Statement Of Deviation & Variation
28 May - Company states Regulation 32(1) is not applicable for FY2026 as no funds were raised.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 May - FY26 revenue rose 73% to ₹20,012 lakh; PAT grew 71% to ₹996 lakh.
-
Announcement Under Regulation (30)-Announcement Regarding Newly Opened Retail Store
25 May - Mehul Telecom opened one new 'Mobile Daddy' retail store in Anjar, Gujarat on 24 May 2026.
-
Announcement Under Regulation 30 (LODR) Regarding The Appointment Of Internal Auditor Of The Company.
25 May - S M N K & Co appointed as internal auditor for FY 2026-27 on 25 May 2026.
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
25 May - Board approved shifting registered office within Rajkot from West Gate Shop 223 to Office No. 506-507, R.K. Tower.
Annual reports
No data available.
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.