Megatherm Induction Ltd
₹ 320
-0.90%
21 May
12:18 p.m.
About
Incorporated in 2010, Megatherm Induction
Ltd manufactures and sells Capital Equipments[1]
Key Points
- Market Cap ₹ 603 Cr.
- Current Price ₹ 320
- High / Low ₹ 490 / 255
- Stock P/E 26.8
- Book Value ₹ 68.8
- Dividend Yield 0.00 %
- ROCE 27.0 %
- ROE 24.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Engineering Industry: Engineering
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Half Yearly Results
Figures in Rs. Crores
Upcoming result date: 24 May 2025
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 132 | 109 | 188 | 266 | 306 | 307 | |
| 116 | 96 | 179 | 238 | 270 | 270 | |
| Operating Profit | 16 | 13 | 9 | 28 | 36 | 37 |
| OPM % | 12% | 12% | 5% | 10% | 12% | 12% |
| 1 | 0 | 0 | 1 | 1 | 2 | |
| Interest | 6 | 7 | 5 | 6 | 6 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 8 | 4 | 2 | 20 | 28 | 30 |
| Tax % | 31% | 27% | 28% | 29% | 25% | |
| 6 | 3 | 1 | 14 | 21 | 22 | |
| EPS in Rs | 11.00 | 11.91 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 89% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 19 | 19 |
| Reserves | 23 | 26 | 27 | 41 | 102 | 111 |
| 42 | 43 | 40 | 43 | 36 | 34 | |
| 50 | 68 | 96 | 99 | 114 | 114 | |
| Total Liabilities | 124 | 146 | 173 | 192 | 270 | 277 |
| 44 | 43 | 40 | 58 | 64 | 64 | |
| CWIP | 0 | 0 | 2 | 1 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 7 | 3 |
| 80 | 103 | 131 | 133 | 199 | 209 | |
| Total Assets | 124 | 146 | 173 | 192 | 270 | 277 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 4 | 14 | 17 | 26 | 23 | |
| -3 | -5 | -3 | -20 | -37 | |
| -0 | -6 | -7 | -3 | 36 | |
| Net Cash Flow | 1 | 4 | 7 | 3 | 22 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 25 | 82 | 49 | 32 | 38 |
| Inventory Days | 180 | 256 | 166 | 129 | 133 |
| Days Payable | 108 | 139 | 91 | 77 | 69 |
| Cash Conversion Cycle | 97 | 200 | 124 | 84 | 102 |
| Working Capital Days | 89 | 94 | 38 | 12 | 21 |
| ROCE % | 15% | 9% | 30% | 27% |
Documents
Announcements
-
Board Meeting Intimation
19 May 2025 - MEGATHERM INDUCTION LIMITED has informed about Board Meeting to be held on 24-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
-
Credit Rating
7 May 2025 - CRISIL reaffirms Megatherm's Rs.85 Cr bank loan ratings at BBB/Stable and A3+ on May 6, 2025.
-
General Updates
23 April 2025 - Megatherm pre-paid INR 9.40 Cr term loans and GECLs, reducing interest burden.
-
Resignation
18 April 2025 - Vineet Mohta resigns as AVP Finance & Accounts effective April 17, 2025
-
Structural Digital Database
8 April 2025 - SDD compliance certificate for March 2025 quarter under SEBI PIT Regulations.
Business Overview:[1][2][3]
a) MIL is in the field of induction heating and melting solutions using electrical induction, viz. induction melting furnaces and induction heating equipment.
b) It is a supplier of upstream and downstream equipment and machinery, induction heating & hardening equipment, transformers, ladle refining furnaces, continuous casting machines, and fume extraction systems, among others
c) Company offers turnkey solutions for steel plants, which include planning, engineering, delivery, assembly, and commissioning of steel plants with its
own or outsourced systems and machines, and customer service with maintenance contracts and spare parts business
d) It carries on repairs and servicing for production, modification, reconstruction
etc. for Engineering goods, equipments, plant & machineries
d) It has completed about 3,000 installations