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 ₹ 113 Cr.
- Current Price ₹ 64.9
- High / Low ₹ 147 / 60.4
- Stock P/E 28.6
- Book Value ₹ 94.3
- Dividend Yield 0.00 %
- ROCE 8.17 %
- ROE 4.59 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.69 times its book value
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
Services Services Commercial Services & Supplies Consulting Services
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
44 | 58 | 36 | 61 | 62 | 106 | 83 | 129 | 113 | 113 | |
39 | 55 | 35 | 47 | 52 | 90 | 67 | 100 | 85 | 86 | |
Operating Profit | 5 | 3 | 1 | 14 | 9 | 16 | 16 | 29 | 28 | 27 |
OPM % | 12% | 6% | 1% | 23% | 15% | 15% | 19% | 22% | 25% | 24% |
3 | 4 | 4 | 3 | 2 | 1 | 2 | 4 | 3 | 2 | |
Interest | 0 | 1 | 0 | 8 | 8 | 8 | 10 | 14 | 14 | 13 |
Depreciation | 2 | 3 | 2 | 6 | 5 | 5 | 6 | 8 | 9 | 9 |
Profit before tax | 6 | 4 | 2 | 3 | -2 | 4 | 2 | 11 | 8 | 8 |
Tax % | 20% | 21% | 27% | 15% | -37% | 60% | -63% | 40% | 18% | |
3 | -0 | 0 | 2 | -1 | 1 | 4 | 6 | 7 | 5 | |
EPS in Rs | 1.84 | -0.09 | 0.07 | 1.08 | -1.15 | 0.60 | 2.39 | 3.01 | 4.14 | 2.94 |
Dividend Payout % | 41% | -807% | 1,100% | 14% | -13% | 25% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 2% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 73% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | -4% |
1 Year: | -49% |
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 | 118 | 117 | 82 | 46 | 47 |
ROCE % | 5% | 2% | 7% | 3% | 7% | 5% | 10% | 8% |
Documents
Announcements
-
Resignation
16 September 2025 - President Nalin Shah resigned, effective close of business on September 15, 2025.
-
Copy of Newspaper Publication
4 September 2025 - Notice published for 43rd AGM on September 26, 2025 at 12:30 IST via VC/OAVM.
-
Shareholders meeting
3 September 2025 - AGM Sept 26, 2025; approve FY25 accounts; RPTs: Rs50Cr/yr×3 and up to Rs150Cr; reappoint director.
-
Copy of Newspaper Publication
14 August 2025 - MITCON published unaudited Q1 FY2025 standalone and consolidated financial results on August 14, 2025.
-
Utilisation of Funds
13 August 2025 - MITCON Consultancy & Engineering Services Limited has informed about Utilisation of Funds
Annual reports
-
Financial Year 2025
from nse
-
Financial Year 2024
from nse
-
Financial Year 2023
from nse
-
Financial Year 2022
from nse
-
Financial Year 2021
from nse
-
Financial Year 2020
from nse
-
Financial Year 2019
from nse
-
Financial Year 2018
from nse
-
Financial Year 2017
from nse
-
Financial Year 2016
from nse
-
Financial Year 2014
from nse
-
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.