Megatherm Induction Ltd
Incorporated in 2010, Megatherm Induction
Ltd manufactures and sells Capital Equipments[1]
- Market Cap ₹ 572 Cr.
- Current Price ₹ 303
- High / Low ₹ 387 / 255
- Stock P/E 26.8
- Book Value ₹ 75.2
- Dividend Yield 0.00 %
- ROCE 21.1 %
- ROE 16.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.0% CAGR over last 5 years
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
Industrials Capital Goods Industrial Products Other Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
132 | 109 | 188 | 266 | 306 | 321 | |
116 | 96 | 179 | 238 | 270 | 285 | |
Operating Profit | 16 | 13 | 9 | 28 | 36 | 36 |
OPM % | 12% | 12% | 5% | 10% | 12% | 11% |
1 | 0 | -0 | 1 | 1 | 3 | |
Interest | 6 | 7 | 5 | 6 | 6 | 6 |
Depreciation | 2 | 2 | 2 | 2 | 3 | 4 |
Profit before tax | 8 | 4 | 2 | 20 | 28 | 29 |
Tax % | 31% | 27% | 28% | 29% | 25% | 26% |
6 | 3 | 1 | 14 | 21 | 21 | |
EPS in Rs | 11.00 | 11.31 | ||||
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 20% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 153% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 22% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 19 | 19 |
Reserves | 23 | 26 | 27 | 41 | 102 | 123 |
42 | 43 | 40 | 43 | 36 | 33 | |
50 | 68 | 96 | 99 | 114 | 112 | |
Total Liabilities | 124 | 146 | 173 | 192 | 270 | 287 |
44 | 43 | 40 | 58 | 64 | 77 | |
CWIP | 0 | 0 | 2 | 1 | 0 | 1 |
Investments | -0 | -0 | -0 | -0 | 7 | 6 |
80 | 103 | 131 | 133 | 199 | 203 | |
Total Assets | 124 | 146 | 173 | 192 | 270 | 287 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
4 | 14 | 17 | 26 | 23 | 16 | |
-3 | -5 | -3 | -20 | -37 | -20 | |
-0 | -6 | -7 | -3 | 36 | -10 | |
Net Cash Flow | 1 | 4 | 7 | 3 | 22 | -14 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 25 | 82 | 49 | 32 | 38 | 40 |
Inventory Days | 180 | 256 | 166 | 129 | 133 | 152 |
Days Payable | 108 | 139 | 91 | 77 | 69 | 67 |
Cash Conversion Cycle | 97 | 200 | 124 | 84 | 102 | 125 |
Working Capital Days | 17 | 6 | -24 | -28 | -15 | 4 |
ROCE % | 15% | 9% | 30% | 27% | 21% |
Documents
Announcements
-
Copy of Newspaper Publication
18 September 2025 - Postal Ballot Notice newspaper advertisement published 18 Sep 2025; electronic dispatch confirmed.
-
Shareholders meeting
17 September 2025 - Postal ballot (e-voting 18 Sep–17 Oct 2025) to approve Rs6.50 Crore counter guarantee and regularize director.
-
Cessation
16 September 2025 - Independent Director Ankit Rathi ceased on 15 Sept 2025 due to completion of term.
-
Analysts/Institutional Investor Meet/Con. Call Updates
15 September 2025 - Megatherm to attend Arihant Capital virtual investor conference on 23 Sep 2025, 12-1pm.
-
Appointment
12 September 2025 - Appointed Mr. Bikramjit Ghosh as independent director on 12 Sept 2025 for five-year term (subject to shareholders).
Annual reports
Concalls
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Jun 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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Apr 2024TranscriptNotesPPT
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Apr 2024TranscriptNotesPPT
Business Overview:[1]
Megatherm designs, engineers, supplies, erects, and commissions turnkey steel melt shop solutions, along with after-sales services like maintenance and spare parts. It caters to steel producers, auto ancillaries, ordnance factories, railways, and DI pipe makers, with 3,000+ installations across 52+ countries spanning South America, Africa, Asia, and Europe.