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 ₹ 116 Cr.
- Current Price ₹ 78.8
- High / Low ₹ 161 / 60.4
- Stock P/E 20.8
- Book Value ₹ 94.4
- Dividend Yield 0.00 %
- ROCE 8.17 %
- ROE 4.59 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.84 times its book value
- Company has delivered good profit growth of 23.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.62% over last 3 years.
- Contingent liabilities of Rs.130 Cr.
- Company has high debtors of 198 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
44 | 58 | 36 | 61 | 62 | 106 | 83 | 129 | 113 | |
39 | 55 | 35 | 47 | 52 | 90 | 67 | 100 | 85 | |
Operating Profit | 5 | 3 | 1 | 14 | 9 | 16 | 16 | 29 | 28 |
OPM % | 12% | 6% | 1% | 23% | 15% | 15% | 19% | 22% | 25% |
3 | 4 | 4 | 3 | 2 | 1 | 2 | 4 | 3 | |
Interest | 0 | 1 | 0 | 8 | 8 | 8 | 10 | 14 | 14 |
Depreciation | 2 | 3 | 2 | 6 | 5 | 5 | 6 | 8 | 9 |
Profit before tax | 6 | 4 | 2 | 3 | -2 | 4 | 2 | 11 | 8 |
Tax % | 20% | 21% | 27% | 15% | -37% | 60% | -63% | 40% | 18% |
3 | -0 | 0 | 2 | -1 | 1 | 4 | 6 | 7 | |
EPS in Rs | 1.84 | -0.09 | 0.07 | 1.08 | -1.15 | 0.60 | 2.39 | 3.01 | 4.14 |
Dividend Payout % | 41% | -807% | 1,100% | 14% | -13% | 25% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 2% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 73% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | -1% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 14 |
Reserves | 78 | 76 | 75 | 81 | 75 | 80 | 88 | 102 | 112 |
0 | 0 | 46 | 68 | 83 | 88 | 115 | 144 | 113 | |
11 | 14 | 17 | 28 | 27 | 34 | 31 | 52 | 47 | |
Total Liabilities | 101 | 102 | 149 | 191 | 199 | 215 | 248 | 312 | 286 |
23 | 21 | 109 | 106 | 110 | 118 | 129 | 158 | 165 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 8 | 4 |
Investments | 29 | 2 | 1 | 5 | 4 | 8 | 28 | 40 | 4 |
49 | 79 | 39 | 79 | 85 | 88 | 89 | 106 | 114 | |
Total Assets | 101 | 102 | 149 | 191 | 199 | 215 | 248 | 312 | 286 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
26 | 6 | 8 | -15 | 19 | -2 | 30 | 24 | 21 | |
-19 | 2 | -63 | -5 | -6 | -5 | -34 | -42 | 14 | |
-1 | -2 | 42 | 21 | -0 | -4 | 16 | 13 | -41 | |
Net Cash Flow | 5 | 6 | -14 | 1 | 12 | -11 | 12 | -5 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 145 | 97 | 172 | 221 | 201 | 125 | 188 | 157 | 198 |
Inventory Days | 82 | ||||||||
Days Payable | 136 | ||||||||
Cash Conversion Cycle | 145 | 97 | 172 | 221 | 201 | 125 | 188 | 157 | 144 |
Working Capital Days | 149 | 56 | 79 | 187 | 167 | 164 | 153 | 113 | 145 |
ROCE % | 5% | 2% | 7% | 3% | 7% | 5% | 10% | 8% |
Documents
Announcements
-
Copy of Newspaper Publication
21 May 2025 - Published audited Q4 and FY2025 financial results and record date for final call on partly paid rights shares.
-
Outcome of Board Meeting
20 May 2025 - Audited FY25 financials approved; final call on partly paid shares fixed with June 13 record date.
-
Utilisation of Funds
20 May 2025 - No deviation in use of Rights Issue proceeds of ₹3223.40L for FY25; detailed utilization disclosed.
-
Record Date
20 May 2025 - Record date fixed as June 13, 2025 for partly paid-up equity shares call notice.
-
Outcome of Board Meeting
20 May 2025 - Audited FY25 financials approved; final call on partly paid shares fixed; no deviation in rights issue proceeds.
Annual reports
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Financial Year 2024
from nse
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Financial Year 2023
from nse
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Financial Year 2022
from nse
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Financial Year 2021
from nse
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Financial Year 2020
from nse
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Financial Year 2019
from nse
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Financial Year 2018
from nse
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Financial Year 2017
from nse
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Financial Year 2016
from nse
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Financial Year 2014
from nse
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Financial Year 2013
from nse
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.