MOS Utility Ltd
Incorporated in 2009, MOS Utility Ltd is a fintech company which offers a Unified Open API and Wallet platform[1]
- Market Cap ₹ 670 Cr.
- Current Price ₹ 53.7
- High / Low ₹ 75.0 / 43.0
- Stock P/E 68.3
- Book Value ₹ 6.86
- Dividend Yield 0.00 %
- ROCE 17.8 %
- ROE 12.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 39.3% CAGR over last 5 years
Cons
- Stock is trading at 7.87 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.54%
- Company has a low return on equity of 12.8% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 817 | 554 | 73 | 77 | 106 | 175 | 208 | |
| 814 | 550 | 72 | 76 | 99 | 165 | 191 | |
| Operating Profit | 3 | 4 | 2 | 2 | 7 | 10 | 17 |
| OPM % | 0% | 1% | 2% | 2% | 7% | 6% | 8% |
| 0 | 0 | 1 | 4 | 4 | 6 | 4 | |
| Interest | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 2 | 2 | 1 | 3 | 7 | 13 | 16 |
| Tax % | 32% | 7% | 125% | -8% | 22% | 20% | 31% |
| 1 | 2 | -0 | 3 | 6 | 10 | 11 | |
| EPS in Rs | 26.60 | 18.70 | -1.20 | 32.90 | 0.59 | 0.84 | 0.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -18% |
| 3 Years: | 39% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 39% |
| 3 Years: | 177% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.19 | 0.19 | 0.19 | 19 | 25 | 25 |
| Reserves | 2 | 7 | 6 | 9 | 7 | 49 | 61 |
| 2 | 3 | 6 | 13 | 8 | 1 | 16 | |
| 18 | 16 | 12 | 14 | 18 | 9 | 15 | |
| Total Liabilities | 22 | 26 | 25 | 36 | 52 | 85 | 116 |
| 5 | 5 | 5 | 6 | 9 | 10 | 15 | |
| CWIP | 0 | 0 | 1 | 7 | 3 | 2 | 0 |
| Investments | 0 | 0 | 0 | 3 | 12 | 18 | 22 |
| 18 | 21 | 18 | 20 | 29 | 53 | 80 | |
| Total Assets | 22 | 26 | 25 | 36 | 52 | 85 | 116 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -5 | 3 | 5 | 4 | -12 | 36 | ||
| 0 | -1 | -10 | -9 | -11 | -34 | ||
| 3 | -0 | 4 | 5 | 30 | 11 | ||
| Net Cash Flow | -2 | 1 | -1 | 1 | 8 | 13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 3 | 3 | 17 | 2 | 14 | 15 | 3 |
| Inventory Days | 0 | 0 | 2 | ||||
| Days Payable | 4 | 1 | 7 | ||||
| Cash Conversion Cycle | -1 | 2 | 11 | 2 | 14 | 15 | 3 |
| Working Capital Days | -3 | 1 | 1 | -17 | 48 | 70 | 50 |
| ROCE % | 41% | 9% | 4% | 19% | 15% | 18% |
Documents
Announcements
-
Record Date
12 September 2025 - Record date Sep 26, 2025 for 1:1 bonus issue of 12,87,20,205 shares.
-
Outcome of Board Meeting
12 September 2025 - Board approved 1:1 bonus (12,87,20,205 shares); record date Sept 26, 2025; preferential non-cash allotment.
-
Press Release
11 September 2025 - MOS’s JC Ventures signed MOU with My Mudra on Sep 11, 2025; three-year tie-up to expand loans, insurance.
-
Press Release
8 September 2025 - MOS and NASDAQ-listed DigiAsia sign MOU to scale AI branchless banking, onboard 1M+ agents, target US$30B market.
-
Shareholders meeting
29 August 2025 - 16th AGM on 22 Sep 2025; adopt FY2024-25 accounts; auditor appointment Bilimoria Mehta Rs.5,00,000pa.
Annual reports
Concalls
-
Jun 2024TranscriptPPT
-
May 2023TranscriptNotesPPT
Business Overview:[1]
Company provides a platform to agents to facilitate instant digital transfer of money to a bank account, AEPS, Micro ATM, NSDL kiosk, flight booking, hotel booking, recharge any cell phone and DTH, Bill payments of utility bills and insurance premium selling to travel, 2-wheeler and health insurance, CMS, courier services, Mera adhikar, etc.