Megatherm Induction Ltd
Incorporated in 2010, Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment.[1]
- Market Cap ₹ 619 Cr.
- Current Price ₹ 328
- High / Low ₹ 395 / 195
- Stock P/E 44.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 30.1 %
- ROE 32.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 54.4 to 31.9 days.
- Company's working capital requirements have reduced from 47.9 days to 12.2 days
Cons
- Promoter holding has decreased over last quarter: -26.2%
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 132 | 109 | 188 | 266 | |
| 116 | 96 | 179 | 238 | |
| Operating Profit | 16 | 13 | 9 | 28 |
| OPM % | 12% | 12% | 5% | 10% |
| 1 | 0 | 0 | 1 | |
| Interest | 6 | 7 | 5 | 6 |
| Depreciation | 2 | 2 | 2 | 2 |
| Profit before tax | 8 | 4 | 2 | 20 |
| Tax % | 31% | 27% | 28% | 29% |
| 6 | 3 | 1 | 14 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| TTM: | 961% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 32% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 14 |
| Reserves | 23 | 26 | 27 | 41 | 44 |
| 42 | 43 | 40 | 43 | 45 | |
| 50 | 68 | 96 | 99 | 107 | |
| Total Liabilities | 124 | 146 | 173 | 192 | 210 |
| 44 | 43 | 40 | 58 | 62 | |
| CWIP | 0 | 0 | 2 | 1 | 2 |
| Investments | 0 | 0 | 0 | 0 | 3 |
| 80 | 103 | 131 | 133 | 144 | |
| Total Assets | 124 | 146 | 173 | 192 | 210 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 4 | 14 | 17 | 26 | |
| -3 | -5 | -3 | -20 | |
| -0 | -6 | -7 | -3 | |
| Net Cash Flow | 1 | 4 | 7 | 3 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 25 | 82 | 49 | 32 |
| Inventory Days | 180 | 256 | 166 | 129 |
| Days Payable | 108 | 139 | 91 | 75 |
| Cash Conversion Cycle | 97 | 200 | 124 | 86 |
| Working Capital Days | 89 | 94 | 38 | 12 |
| ROCE % | 15% | 9% | 30% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1] The company manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.