Micropro Software Solutions Ltd
Micropro is a leading provider of Hospital Management Information System (HMIS) solutions. HMIS offers a comprehensive suite of modules and features designed to optimize every aspect of hospital management. From patient registration and appointment scheduling to electronic medical records (EMR), billing and invoicing, pharmacy and inventory management, laboratory and radiology integration, and staff management.[1]
- Market Cap ₹ 74.1 Cr.
- Current Price ₹ 51.8
- High / Low ₹ 80.8 / 40.9
- Stock P/E 12.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 46.3 %
- ROE 43.8 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding has decreased over last quarter: -16.8%
- Company might be capitalizing the interest cost
- Company has high debtors of 201 days.
- Working capital days have increased from 109 days to 154 days
* 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: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 13.88 | 17.44 | 22.06 | |
| 11.58 | 13.27 | 12.93 | |
| Operating Profit | 2.30 | 4.17 | 9.13 |
| OPM % | 16.57% | 23.91% | 41.39% |
| 0.04 | 0.12 | 0.12 | |
| Interest | 0.26 | 0.28 | 0.33 |
| Depreciation | 0.26 | 0.30 | 0.70 |
| Profit before tax | 1.82 | 3.71 | 8.22 |
| Tax % | 28.57% | 28.30% | 27.98% |
| 1.30 | 2.67 | 5.92 | |
| EPS in Rs | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| Last Year: | 44% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 10.51 |
| Reserves | 7.64 | 10.31 | 16.23 | 5.75 |
| 4.38 | 5.93 | 3.98 | 9.08 | |
| 3.20 | 4.00 | 5.14 | 5.10 | |
| Total Liabilities | 15.47 | 20.49 | 25.60 | 30.44 |
| 4.32 | 8.99 | 8.37 | 8.41 | |
| CWIP | 0.30 | 0.00 | 0.00 | 0.00 |
| Investments | 0.37 | 0.37 | 0.37 | 0.37 |
| 10.48 | 11.13 | 16.86 | 21.66 | |
| Total Assets | 15.47 | 20.49 | 25.60 | 30.44 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 1.94 | 2.83 | 1.63 | |
| -0.38 | -4.56 | -0.02 | |
| 0.18 | 1.28 | -2.25 | |
| Net Cash Flow | 1.74 | -0.46 | -0.64 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 62.06 | 113.85 | 200.87 |
| Inventory Days | 35.66 | 26.42 | 45.80 |
| Days Payable | 84.96 | 115.47 | 136.01 |
| Cash Conversion Cycle | 12.76 | 24.80 | 110.66 |
| Working Capital Days | 93.88 | 80.16 | 153.71 |
| ROCE % | 27.75% | 46.28% |