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 ₹ 475 Cr.
- Current Price ₹ 269
- High / Low ₹ 276 / 118
- Stock P/E 60.2
- Book Value ₹ 59.3
- Dividend Yield 0.00 %
- ROCE 6.09 %
- ROE 4.92 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 0.93% over last quarter.
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
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 | 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: | 96% |
| 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 |
| Free Cash Flow | 4 | -1 | 5 | -0 | -24 | -12 |
| CFO/OP | 115% | 28% | 87% | 73% | 64% | 50% |
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% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Nov 2025 | |
|---|---|---|---|---|---|---|
| Revenue from Operations (Manufacturing) Rs. Cr |
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| Manufacturing Floor Area sq ft |
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| Number of Manufacturing Facilities Number |
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| Total Team Size Number |
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| Order Book - Mahindra EV Panels Remaining Rs. Cr |
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| R&D Engineers Number |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
8 May 2026 - EOGM on 2 June 2026 to approve capital increase and 20,22,940-share preferential issue for acquiring 34.41% of Laxmi Engineering.
-
Outcome of Board Meeting
7 May 2026 - Board approved Rs41.87 crore preferential issue of 20,22,940 shares, capital hike to Rs25 crore, EGM on June 2, 2026.
-
General Updates
7 May 2026 - Board approved acquisition of 34.41% stake in Laxmi Engineering Industries Bhopal Pvt Ltd for ₹41.87 crore on May 7, 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
24 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no demat/remat requests received.
-
Reply to Clarification- Financial results
10 February 2026 - Re-submitted legible financial results and corrected XBRL for period ended 30 Sep 2025 (dated 05 Feb 2026).
Annual reports
Concalls
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Dec 2025Transcript PPT
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Jul 2025TranscriptAI SummaryPPT
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Dec 2024Transcript PPT
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Jun 2024TranscriptPPT REC
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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.