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 ₹ 172 Cr.
- Current Price ₹ 128
- High / Low ₹ 161 / 66.5
- Stock P/E 46.3
- Book Value ₹ 79.0
- Dividend Yield 0.00 %
- ROCE 5.35 %
- ROE 4.37 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.30% over past five years.
- Company has a low return on equity of 1.38% over last 3 years.
- Contingent liabilities of Rs.103 Cr.
- Company has high debtors of 188 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 | TTM | |
---|---|---|---|---|---|---|---|---|
44 | 58 | 36 | 61 | 62 | 106 | 83 | 117 | |
39 | 55 | 35 | 47 | 52 | 90 | 67 | 92 | |
Operating Profit | 5 | 3 | 1 | 14 | 9 | 16 | 16 | 25 |
OPM % | 12% | 6% | 1% | 23% | 15% | 15% | 19% | 21% |
3 | 4 | 4 | 3 | 2 | 1 | 2 | 2 | |
Interest | 0 | 1 | 0 | 8 | 8 | 8 | 10 | 11 |
Depreciation | 2 | 3 | 2 | 6 | 5 | 5 | 6 | 7 |
Profit before tax | 6 | 4 | 2 | 3 | -2 | 4 | 2 | 9 |
Tax % | 20% | 21% | 27% | 15% | 37% | 60% | -63% | |
3 | -0 | 0 | 2 | -1 | 1 | 4 | 4 | |
EPS in Rs | 2.42 | -0.12 | 0.09 | 1.43 | -1.51 | 0.79 | 3.15 | 3.47 |
Dividend Payout % | 41% | -807% | 1,100% | 14% | -13% | 25% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 11% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 88% |
3 Years: | 30% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 47% |
1 Year: | 71% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 13 | 13 | 13 | 13 | 13 |
Reserves | 78 | 76 | 75 | 81 | 75 | 80 | 88 | 93 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 5 | 6 | |
0 | 0 | 46 | 68 | 83 | 83 | 109 | 127 | |
11 | 14 | 17 | 28 | 27 | 39 | 37 | 41 | |
Total Liabilities | 101 | 102 | 149 | 191 | 199 | 215 | 248 | 274 |
23 | 21 | 109 | 106 | 110 | 118 | 129 | 162 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
Investments | 29 | 2 | 1 | 5 | 4 | 8 | 30 | 31 |
49 | 79 | 39 | 79 | 85 | 88 | 88 | 81 | |
Total Assets | 101 | 102 | 149 | 191 | 199 | 215 | 248 | 274 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
26 | 6 | 8 | -15 | 19 | -2 | 30 | |
-19 | 2 | -63 | -5 | -6 | -5 | -34 | |
-1 | -2 | 42 | 21 | -0 | -4 | 16 | |
Net Cash Flow | 5 | 6 | -14 | 1 | 12 | -11 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 145 | 97 | 172 | 221 | 201 | 125 | 188 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 145 | 97 | 172 | 221 | 201 | 125 | 188 |
Working Capital Days | 149 | 56 | 79 | 187 | 167 | 164 | 153 |
ROCE % | 5% | 2% | 7% | 3% | 7% | 5% |
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.