Saakshi Medtech & Panels Ltd
Incorporated in 2009, Saakshi Medtech
& Panels Ltd deals in Electrical Control
Panels, Medical X-Ray Systems,
Fabrication & Wire Harness[1]
- Market Cap ₹ 327 Cr.
- Current Price ₹ 185
- High / Low ₹ 254 / 118
- Stock P/E 41.5
- Book Value ₹ 59.3
- Dividend Yield 0.00 %
- ROCE 6.09 %
- ROE 4.92 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.57% over past five years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 69.0 to 86.4 days.
- Working capital days have increased from 84.2 days to 129 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 61 | 60 | 92 | 122 | 122 | 92 | 106 | |
| 50 | 54 | 76 | 101 | 102 | 82 | 92 | |
| Operating Profit | 11 | 6 | 16 | 21 | 20 | 10 | 14 |
| OPM % | 18% | 10% | 17% | 17% | 16% | 11% | 14% |
| 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 2 | 1 | 1 | 1 | 2 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 4 |
| Profit before tax | 8 | 3 | 13 | 17 | 15 | 7 | 11 |
| Tax % | 24% | 33% | 26% | 25% | 24% | 28% | |
| 6 | 2 | 9 | 12 | 11 | 5 | 8 | |
| EPS in Rs | 6.41 | 2.67 | 4.47 | ||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 0% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | -20% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 14% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 18 | 18 |
| Reserves | 15 | 18 | 27 | 40 | 76 | 80 | 87 |
| 19 | 22 | 16 | 20 | 18 | 18 | 24 | |
| 11 | 14 | 19 | 31 | 19 | 15 | 19 | |
| Total Liabilities | 48 | 56 | 65 | 93 | 131 | 131 | 148 |
| 22 | 22 | 26 | 34 | 62 | 60 | 76 | |
| CWIP | 0 | 0 | 0 | -0 | -0 | 13 | 9 |
| Investments | 0 | 0 | -0 | -0 | -0 | -0 | -0 |
| 26 | 34 | 39 | 59 | 68 | 58 | 62 | |
| Total Assets | 48 | 56 | 65 | 93 | 131 | 131 | 148 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 11 | 0 | 11 | 11 | 8 | 3 | |
| -6 | -1 | -5 | -11 | -31 | -15 | |
| -3 | 2 | -7 | 2 | 36 | -1 | |
| Net Cash Flow | 2 | 1 | -1 | 2 | 12 | -12 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 62 | 90 | 70 | 69 | 52 | 86 |
| Inventory Days | 74 | 95 | 81 | 109 | 102 | 129 |
| Days Payable | 73 | 97 | 83 | 93 | 43 | 50 |
| Cash Conversion Cycle | 63 | 88 | 67 | 84 | 110 | 165 |
| Working Capital Days | -5 | 7 | 30 | 36 | 88 | 129 |
| ROCE % | 12% | 32% | 33% | 19% | 6% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
1 December 2025 - H1 FY26: revenue Rs58.31cr (+31%), net profit Rs6.63cr; new 41,000 sq ft facility; Rs250cr Mahindra order (Rs230cr pending).
-
Analysts/Institutional Investor Meet/Con. Call Updates
28 November 2025 - Audio recording of H1 FY2025-26 investors and analysts call (28 Nov 2025) available online.
-
Analysts/Institutional Investor Meet/Con. Call Updates
28 November 2025 - Attending Nuvama Emerging Ideas Conference, 03 Dec 2025, Grand Hyatt Mumbai; 1x1/group investor meetings, 10:00 a.m. onwards (no UPSI).','checklist':['Read and extract announcement details (dates, events, …
-
Analysts/Institutional Investor Meet/Con. Call Updates
28 November 2025 - Earnings conference call on 28 Nov 2025 at 4:30 PM; joining link provided.
-
Investor Presentation
27 November 2025 - Investor presentation filed for earnings conference call on 28 Nov 2025, 04:30 PM.
Annual reports
Concalls
-
Dec 2025Transcript PPT
-
Jul 2025TranscriptAI SummaryPPT
-
Dec 2024Transcript PPT
-
Jun 2024TranscriptAI SummaryPPT REC
-
Dec 2023Transcript PPT
Business Overview:[1]
SMPL is engaged in manufacturing Electrical Control Panels & Cabinets, Medical X-Ray Systems, Fabrication & Wire Harness. It caters to OEM’s in various segments like Oil & Gas, Aviation, Renewables, Healthcare, Locomotives, etc.