Moschip Technologies Ltd
Moschip Technologies Ltd is a semiconductor and system design company with a focus on Turnkey ASICs, Mixed Signal IP, semiconductor & product engineering, and IoT solutions catering to aerospace & defence, consumer electronics, automotive, medical and networking & telecommunications.[1]
- Market Cap ₹ 4,179 Cr.
- Current Price ₹ 215
- High / Low ₹ 288 / 147
- Stock P/E 103
- Book Value ₹ 21.1
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 11.0 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 45.1% CAGR over last 5 years
- Company's median sales growth is 37.4% of last 10 years
Cons
- Stock is trading at 10.2 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.14%
- Tax rate seems low
- Company has a low return on equity of 9.77% over last 3 years.
- Debtor days have increased from 105 to 134 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 5 | 38 | 60 | 75 | 99 | 105 | 148 | 198 | 294 | 467 | 585 | |
| 8 | 14 | 37 | 66 | 91 | 114 | 98 | 125 | 172 | 260 | 411 | 526 | |
| Operating Profit | -2 | -9 | 0 | -5 | -16 | -15 | 7 | 23 | 26 | 34 | 56 | 60 |
| OPM % | -37% | -165% | 0% | -9% | -21% | -15% | 7% | 15% | 13% | 12% | 12% | 10% |
| 0 | 0 | 3 | 0 | 2 | -16 | 2 | 5 | 5 | 3 | 4 | -0 | |
| Interest | 2 | 3 | 2 | 5 | 5 | 6 | 9 | 9 | 8 | 6 | 7 | 5 |
| Depreciation | 0 | 0 | 0 | 2 | 9 | 9 | 9 | 13 | 17 | 20 | 19 | 19 |
| Profit before tax | -5 | -12 | 1 | -13 | -28 | -46 | -9 | 6 | 6 | 11 | 34 | 36 |
| Tax % | 0% | 0% | 9% | 0% | 3% | -1% | 1% | 0% | 1% | 13% | 1% | 2% |
| -5 | -12 | 1 | -13 | -29 | -46 | -9 | 6 | 6 | 10 | 33 | 35 | |
| EPS in Rs | -1.01 | -2.59 | 0.09 | -0.96 | -1.96 | -2.91 | -0.58 | 0.40 | 0.37 | 0.53 | 1.75 | 1.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 60% |
| 5 Years: | 41% |
| 3 Years: | 43% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 45% |
| 3 Years: | 87% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 43% |
| 3 Years: | 53% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 25 | 26 | 31 | 32 | 32 | 32 | 33 | 38 | 38 | 39 |
| Reserves | -22 | -34 | 19 | 16 | 72 | 31 | 21 | 33 | 80 | 232 | 290 | 370 |
| 16 | 26 | 32 | 55 | 44 | 62 | 63 | 68 | 72 | 69 | 21 | 88 | |
| 9 | 10 | 11 | 29 | 37 | 36 | 37 | 29 | 30 | 44 | 94 | 246 | |
| Total Liabilities | 13 | 11 | 87 | 126 | 184 | 161 | 154 | 162 | 215 | 382 | 444 | 743 |
| 0 | 0 | 32 | 48 | 105 | 96 | 91 | 94 | 110 | 236 | 229 | 313 | |
| CWIP | 0 | 0 | 14 | 10 | 2 | 3 | 0 | 0 | 0 | 9 | 22 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 | 11 | 40 | 67 | 77 | 61 | 62 | 68 | 105 | 138 | 193 | 430 | |
| Total Assets | 13 | 11 | 87 | 126 | 184 | 161 | 154 | 162 | 215 | 382 | 444 | 743 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | -0 | -39 | -20 | -21 | -11 | 11 | 16 | 14 | 31 | 100 | 93 | |
| 0 | 0 | -15 | -14 | -7 | -2 | -0 | -6 | -18 | -80 | -13 | -121 | |
| 0 | 0 | 56 | 34 | 29 | 13 | -8 | -10 | -0 | 51 | -56 | 25 | |
| Net Cash Flow | -0 | -0 | 1 | -0 | 2 | 0 | 3 | 1 | -4 | 1 | 31 | -3 |
| Free Cash Flow | -0 | -0 | -54 | -34 | -24 | -13 | 10 | 12 | 8 | 4 | 86 | 65 |
| CFO/OP | 10% | 1% | -27,914% | 364% | 111% | 80% | 137% | 74% | 49% | 95% | 178% | 156% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 51 | 87 | 150 | 202 | 170 | 103 | 121 | 102 | 134 | 112 | 69 | 134 |
| Inventory Days | 259 | 103 | 192 | 79 | 48 | 12 | ||||||
| Days Payable | 372 | 372 | 836 | 643 | 356 | 221 | ||||||
| Cash Conversion Cycle | 51 | 87 | 37 | -67 | -473 | -461 | 121 | -207 | 134 | -96 | 69 | 134 |
| Working Capital Days | -850 | -1,675 | -56 | -148 | -28 | -137 | -126 | -53 | 58 | 40 | 42 | 7 |
| ROCE % | -44% | -321% | 4% | -8% | -19% | -17% | -0% | 12% | 9% | 7% | 12% | 11% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Design Centers Count ・Standalone data |
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| Total Headcount (Approx) Number of Employees |
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| Students Trained via MosChip Academy Count |
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| Number of Active Clients (Reported) Count |
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| Percentage of Revenue from Non-India Geography % |
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| ASIC Tape-outs (Historical/Total Cumulative Highlight) Count |
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| New Turn-key ASIC Projects Count |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - MosChip filed FY2026 Secretarial Compliance Report; no additional non-compliances or SEBI actions observed.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 May - Newspaper publication of Audited financials of the Company for the year ended 31-03-2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 May - MosChip reported FY26 revenue of ₹585.15 Cr, EBITDA ₹65.11 Cr, and Q4FY26 results on 20 May 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 20-May-2026 For Approval Of Audited Financial Results
20 May - MosChip approved FY26 audited results, appointed internal auditor, and allotted 85,604 ESOP shares on 20 May 2026.
- Audited Financial Results (Standalone & Consolidated) For The Financial Year Ended 31-03-2026. 20 May
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview
Moschip is a semiconductor and system design services company headquartered in Hyderabad, India, with offices located in silicon valley USA, Hyderabad, Bangalore, Ahmedabad and Pune. It provides turn-key digital and mixed-signal ASICs, design services, SerDes IP, and embedded system design solutions. Over the past 2 decades, MosChip has developed and shipped millions of connectivity ICs. [1]