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 ₹ 718 Cr.
- Current Price ₹ 365
- High / Low ₹ 381 / 147
- Stock P/E 58.4
- Book Value ₹ 62.5
- Dividend Yield 0.00 %
- ROCE 14.3 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.84 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.6% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 61 | 60 | 92 | 122 | 122 | 92 | 116 | |
| 50 | 54 | 76 | 101 | 102 | 82 | 93 | |
| Operating Profit | 11 | 6 | 16 | 21 | 20 | 10 | 22 |
| OPM % | 18% | 10% | 17% | 17% | 16% | 11% | 19% |
| 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 2 | 1 | 1 | 1 | 2 | 0 | 1 |
| Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 5 |
| Profit before tax | 8 | 3 | 13 | 17 | 15 | 7 | 17 |
| Tax % | 24% | 33% | 26% | 25% | 24% | 28% | 26% |
| 6 | 2 | 9 | 12 | 11 | 5 | 12 | |
| EPS in Rs | 6.41 | 2.67 | 6.96 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -2% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 0% |
| TTM: | 161% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| 1 Year: | 118% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 11% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 18 | 18 |
| Reserves | 15 | 18 | 27 | 40 | 76 | 80 | 93 |
| 19 | 22 | 16 | 20 | 18 | 18 | 25 | |
| 11 | 14 | 19 | 31 | 19 | 15 | 21 | |
| Total Liabilities | 48 | 56 | 65 | 93 | 131 | 131 | 157 |
| 22 | 22 | 26 | 34 | 62 | 60 | 83 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 13 | 10 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 26 | 34 | 39 | 59 | 68 | 58 | 64 | |
| Total Assets | 48 | 56 | 65 | 93 | 131 | 131 | 157 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 11 | 0 | 11 | 11 | 8 | 3 | 18 | |
| -6 | -1 | -5 | -11 | -31 | -15 | -25 | |
| -3 | 2 | -7 | 2 | 36 | -1 | 6 | |
| Net Cash Flow | 2 | 1 | -1 | 2 | 12 | -12 | -1 |
| Free Cash Flow | 4 | -1 | 5 | -0 | -24 | -12 | -8 |
| CFO/OP | 115% | 28% | 87% | 73% | 64% | 50% | 100% |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 90 | 70 | 69 | 52 | 86 | 83 |
| Inventory Days | 74 | 95 | 81 | 109 | 102 | 129 | 122 |
| Days Payable | 73 | 97 | 83 | 93 | 43 | 50 | 60 |
| Cash Conversion Cycle | 63 | 88 | 67 | 84 | 110 | 165 | 144 |
| Working Capital Days | -5 | 7 | 30 | 36 | 88 | 129 | 94 |
| ROCE % | 12% | 32% | 33% | 19% | 6% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|
| Revenue mix: Engineered Metal Assemblies (Fabrication) % of revenue |
|
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| Revenue mix: Integrated Control Systems & EV Solutions % of revenue |
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| Export revenue share % of revenue |
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| Manufacturing facility area sq ft |
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| Order book (pending execution) Rs Cr |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- AGM voting results and scrutinizer report filed; all five resolutions passed on 30 September 2026.
-
Shareholders meeting
- 17th AGM held on 30 September 2026; approved audited FY26 accounts, reappointments, and CMD term extension.
-
Trading Window
- Trading window closes from October 1, 2026 until 48 hours after H1 FY2026 results.
-
Appointment
- Revised disclosure on August 19, 2026 appointments of two directors.
-
General Updates
- NSE granted in-principle approval to list 20,10,259 preferential equity shares on September 11, 2026.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
Concalls
-
Dec 2025Transcript PPT
-
Jul 2025PPT
-
Dec 2024Transcript PPT
-
Jun 2024PPT 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.