QMS Medical Allied Services Ltd
₹ 112
3.42%
26 Apr
10:59 a.m.
About
Incorporated in 2017, QMS Medical Allied Services Ltd is a manufacturer and distributor of medical devices[1]
Key Points
- Market Cap ₹ 199 Cr.
- Current Price ₹ 112
- High / Low ₹ 189 / 103
- Stock P/E 22.1
- Book Value ₹ 41.8
- Dividend Yield 0.44 %
- ROCE 13.8 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.6%
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 104 to 137 days.
- Working capital days have increased from 146 days to 222 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.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 52 | 73 | 122 | 146 | 104 | 121 | |
| 0 | 47 | 63 | 105 | 130 | 93 | 104 | |
| Operating Profit | 0 | 5 | 10 | 17 | 17 | 11 | 18 |
| OPM % | 12% | 9% | 13% | 14% | 11% | 11% | 14% |
| -0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | -0 | 0 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | -0 | 0 | 0 | 1 | 1 | 1 | 3 |
| Profit before tax | 0 | 4 | 9 | 15 | 14 | 9 | 12 |
| Tax % | -0% | 30% | 28% | 27% | 26% | 27% | |
| 0 | 3 | 6 | 11 | 11 | 6 | 9 | |
| EPS in Rs | 10.00 | 3,070.00 | 21.00 | 29.02 | 28.41 | 3.57 | 5.06 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 320% |
| 3 Years: | 13% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 264% |
| 3 Years: | 0% |
| TTM: | -34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 30% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 3 | 4 | 4 | 18 | 18 |
| Reserves | 0 | 3 | 6 | 17 | 27 | 53 | 57 |
| 0 | 5 | 12 | 20 | 32 | 26 | 33 | |
| 5 | 10 | 12 | 20 | 19 | 22 | 10 | |
| Total Liabilities | 5 | 18 | 33 | 60 | 82 | 118 | 118 |
| -0 | 0 | 3 | 10 | 8 | 25 | 26 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | 1 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 5 | 18 | 30 | 50 | 75 | 91 | 92 | |
| Total Assets | 5 | 18 | 33 | 60 | 82 | 118 | 118 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 0 | 0 | 7 | 2 | -2 | -8 | |
| -0 | -0 | -4 | -8 | 2 | -25 | |
| 0 | -0 | -3 | 7 | 0 | 32 | |
| Net Cash Flow | 0 | 0 | 1 | 1 | 1 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 411 | 56 | 56 | 69 | 105 | 137 |
| Inventory Days | 22,891 | 76 | 103 | 82 | 80 | 140 |
| Days Payable | 26,124 | 75 | 73 | 73 | 56 | 91 |
| Cash Conversion Cycle | -2,822 | 58 | 86 | 77 | 129 | 187 |
| Working Capital Days | 137 | 52 | 85 | 84 | 131 | 222 |
| ROCE % | 121% | 65% | 54% | 30% | 14% |
Business Overview:[1]
QMASL does marketing and distribution of medical products and medical education services to clinics, pharma, medical companies and also to individual users. These devices are sold directly in the brand of the manufacturer and are sold under the brand name Q Devices. Company manages the distribution for other brands viz. 3M, Heine, Rossmax, etc.