Mitcon Consultancy & Engineering Services Ltd
Incorporated in 1982, MITCON Consultancy
& Engineering Services Ltd is in the business
of consultancy and training services[1]
- Market Cap ₹ 191 Cr.
- Current Price ₹ 142
- High / Low ₹ 161 / 66.5
- Stock P/E 28.5
- Book Value ₹ 85.0
- Dividend Yield 0.00 %
- ROCE 6.37 %
- ROE 5.22 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of -5.28% over past five years.
- Company has a low return on equity of 1.86% over last 3 years.
- Contingent liabilities of Rs.81.3 Cr.
- Earnings include an other income of Rs.3.64 Cr.
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
53.84 | 46.67 | 40.49 | 43.24 | 44.97 | 44.03 | 58.38 | 58.35 | 36.20 | 32.55 | 76.97 | 44.50 | 64.98 | |
39.43 | 33.13 | 30.77 | 34.66 | 37.95 | 38.85 | 55.05 | 57.27 | 34.35 | 35.48 | 71.54 | 37.97 | 54.28 | |
Operating Profit | 14.41 | 13.54 | 9.72 | 8.58 | 7.02 | 5.18 | 3.33 | 1.08 | 1.85 | -2.93 | 5.43 | 6.53 | 10.70 |
OPM % | 26.76% | 29.01% | 24.01% | 19.84% | 15.61% | 11.76% | 5.70% | 1.85% | 5.11% | -9.00% | 7.05% | 14.67% | 16.47% |
1.20 | 1.98 | 2.25 | 4.09 | 3.57 | 2.80 | 3.55 | 5.12 | 6.52 | 2.94 | 2.47 | 3.27 | 3.64 | |
Interest | 0.09 | 0.05 | 0.09 | 0.06 | 0.05 | 0.06 | 0.77 | 0.52 | 1.13 | 1.32 | 1.75 | 1.64 | 2.15 |
Depreciation | 1.24 | 1.51 | 1.62 | 4.83 | 3.80 | 2.39 | 2.52 | 1.86 | 1.69 | 1.53 | 1.49 | 1.71 | 2.22 |
Profit before tax | 14.28 | 13.96 | 10.26 | 7.78 | 6.74 | 5.53 | 3.59 | 3.82 | 5.55 | -2.84 | 4.66 | 6.45 | 9.97 |
Tax % | 31.65% | 29.01% | 30.99% | 31.11% | 31.60% | 20.07% | 21.17% | 17.80% | 26.67% | 31.34% | 53.22% | 10.08% | |
9.76 | 9.92 | 7.09 | 5.35 | 4.61 | 4.42 | 2.83 | 3.13 | 4.06 | -1.95 | 2.18 | 5.80 | 6.71 | |
EPS in Rs | 1,952.00 | 1,984.00 | 5.86 | 4.42 | 3.81 | 3.65 | 2.34 | 2.59 | 3.02 | -1.45 | 1.62 | 4.32 | 5.00 |
Dividend Payout % | 2.56% | 2.52% | 17.07% | 22.62% | 26.25% | 27.38% | 42.76% | 38.66% | 6.61% | -13.76% | 12.31% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | -5% |
3 Years: | 7% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | 12% |
3 Years: | 11% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 53% |
1 Year: | 101% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 2% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 12.10 | 12.10 | 12.10 | 12.10 | 12.10 | 12.10 | 13.42 | 13.42 | 13.42 | 13.42 | 13.42 |
Reserves | 44.36 | 55.51 | 71.00 | 73.91 | 77.22 | 79.56 | 80.79 | 82.40 | 90.50 | 88.38 | 90.85 | 96.58 | 100.62 |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 8.93 | 6.92 | 13.52 | 14.16 | 16.48 | 16.44 | |
11.76 | 9.81 | 11.30 | 9.52 | 10.42 | 11.00 | 13.74 | 14.61 | 17.43 | 16.10 | 21.60 | 14.78 | 21.76 | |
Total Liabilities | 56.62 | 65.82 | 94.40 | 95.53 | 99.74 | 102.66 | 106.63 | 118.04 | 128.27 | 131.42 | 140.03 | 141.26 | 152.24 |
18.00 | 19.27 | 23.83 | 28.80 | 26.36 | 22.78 | 21.43 | 20.15 | 18.52 | 23.02 | 23.63 | 29.70 | 29.77 | |
CWIP | -0.00 | -0.00 | 0.18 | -0.00 | -0.00 | 0.60 | -0.00 | -0.00 | -0.00 | -0.00 | 0.02 | 0.12 | 0.04 |
Investments | 2.99 | 3.69 | 24.68 | 1.61 | 8.55 | 30.03 | 6.52 | 22.97 | 37.85 | 54.63 | 54.25 | 80.47 | 81.67 |
35.63 | 42.86 | 45.71 | 65.12 | 64.83 | 49.25 | 78.68 | 74.92 | 71.90 | 53.77 | 62.13 | 30.97 | 40.76 | |
Total Assets | 56.62 | 65.82 | 94.40 | 95.53 | 99.74 | 102.66 | 106.63 | 118.04 | 128.27 | 131.42 | 140.03 | 141.26 | 152.24 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.31 | 4.35 | 3.61 | 4.75 | -17.04 | 25.56 | 5.93 | 11.07 | 2.55 | 5.30 | -6.04 | 15.97 | |
-2.09 | -0.50 | -25.35 | 14.82 | -5.30 | -19.41 | 1.98 | -33.20 | 3.29 | 6.10 | -2.72 | -16.39 | |
0.04 | -0.31 | 21.11 | -1.44 | -1.34 | -1.34 | -2.23 | 6.66 | -4.60 | -0.69 | -1.35 | 0.13 | |
Net Cash Flow | 2.26 | 3.54 | -0.63 | 18.13 | -23.68 | 4.81 | 5.67 | -15.46 | 1.25 | 10.70 | -10.11 | -0.29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 71.59 | 112.39 | 145.68 | 132.78 | 141.15 | 144.99 | 97.10 | 75.69 | 159.21 | 133.55 | 95.32 | 135.17 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 71.59 | 112.39 | 145.68 | 132.78 | 141.15 | 144.99 | 97.10 | 75.69 | 159.21 | 133.55 | 95.32 | 135.17 |
Working Capital Days | 25.63 | 71.64 | 117.37 | 121.64 | 132.54 | 148.72 | 57.71 | 45.73 | 155.48 | 79.17 | 81.61 | 62.99 |
ROCE % | 36.14% | 27.90% | 14.95% | 9.34% | 7.76% | 6.37% | 5.20% | 4.06% | 6.24% | -1.34% | 5.50% | 6.37% |
Business Overview:[1][2]
MITCON is an ISO 9001:2015 Certified, SBTi registered company, formed
jointly by IDBI, IFCI, SICOM, MIDC, MSSIDC
and various banks as technical consultancy organizations.
It is an Indian Technical Consulting Org.
(TCO) offering solutions for all technical, marketing & financial business requirements in
power generation, energy efficiency, renewable energy, climate change and environmental management, banking, infrastructure, and biotechnology sectors.