Visesh Infotecnics Ltd
MPS Infotecnics Ltd was established in 1989 as an ERP Software Products Company. MPS is engaged in System Integration and Networking Solutions (Including Hardware); Enterprise Software; Domain Registration & Web hosting services; Telecommunication; VAS & IT-enabled services. [1] [2]
The company operates in Kuwait, UAE, France, UK, USA Austria, and Singapore and has a chain of about 148 resellers and approx. 580 retail shops. They sell their services to over 200,000 customers from various sectors such as Government, Telecom, Manufacturing, MNCs, Financials, IT, Transport, and others. [3] [4]
- Market Cap ₹ 189 Cr.
- Current Price ₹ 0.50
- High / Low ₹ 0.90 / 0.35
- Stock P/E
- Book Value ₹ 1.13
- Dividend Yield 0.00 %
- ROCE -1.11 %
- ROE -1.03 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.44 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -62.6% over past five years.
- Promoter holding is low: 1.95%
- Company has a low return on equity of -1.07% over last 3 years.
- Company has high debtors of 10,904 days.
- Promoter holding has decreased over last 3 years: -29.9%
* 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
154.74 | 248.83 | 175.62 | 233.27 | 261.89 | 186.43 | 77.05 | 17.00 | 8.14 | 0.41 | 0.49 | 0.56 | 0.54 | |
139.35 | 219.50 | 205.89 | 234.96 | 267.12 | 187.81 | 79.06 | 18.34 | 9.74 | 1.85 | 2.05 | 2.95 | 2.93 | |
Operating Profit | 15.39 | 29.33 | -30.27 | -1.69 | -5.23 | -1.38 | -2.01 | -1.34 | -1.60 | -1.44 | -1.56 | -2.39 | -2.39 |
OPM % | 9.95% | 11.79% | -17.24% | -0.72% | -2.00% | -0.74% | -2.61% | -7.88% | -19.66% | -351.22% | -318.37% | -426.79% | -442.59% |
0.67 | 0.02 | 0.18 | 0.03 | 6.52 | 1.40 | 6.86 | 0.12 | 0.00 | 0.09 | 0.85 | 0.98 | 0.97 | |
Interest | 3.08 | 2.87 | 2.29 | 0.02 | 0.21 | 0.42 | 3.23 | 0.61 | 0.43 | 0.64 | 0.27 | 0.07 | 0.00 |
Depreciation | 11.84 | 13.53 | 1.66 | 1.29 | 1.16 | 1.07 | 1.63 | 3.52 | 3.58 | 3.57 | 3.57 | 3.57 | 3.28 |
Profit before tax | 1.14 | 12.95 | -34.04 | -2.97 | -0.08 | -1.47 | -0.01 | -5.35 | -5.61 | -5.56 | -4.55 | -5.05 | -4.70 |
Tax % | 52.63% | 27.64% | 1.56% | 23.23% | 412.50% | 41.50% | 25,100.00% | -65.05% | 41.18% | 2.34% | 9.45% | 12.67% | |
0.54 | 9.37 | -33.52 | -2.28 | 0.24 | -0.85 | 2.51 | -8.83 | -3.31 | -5.43 | -4.12 | -4.40 | -4.10 | |
EPS in Rs | 0.01 | 0.02 | -0.09 | -0.01 | 0.00 | -0.00 | 0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | 0.00 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -46% |
5 Years: | -63% |
3 Years: | -59% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -12% |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 38% |
3 Years: | % |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -1% |
3 Years: | -1% |
Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
123.13 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | 377.44 | |
Reserves | 123.59 | 98.65 | 65.13 | 61.87 | 62.11 | 72.30 | 74.85 | 66.13 | 62.81 | 57.40 | 53.35 | 48.96 |
32.52 | 30.94 | 30.89 | 31.71 | 26.61 | 23.60 | 22.28 | 22.78 | 23.29 | 24.05 | 23.15 | 20.32 | |
185.70 | 39.88 | 47.97 | 48.58 | 48.96 | 40.34 | 20.31 | 22.23 | 17.83 | 18.39 | 19.25 | 21.91 | |
Total Liabilities | 464.94 | 546.91 | 521.43 | 519.60 | 515.12 | 513.68 | 494.88 | 488.58 | 481.37 | 477.28 | 473.19 | 468.63 |
66.14 | 75.61 | 11.48 | 9.26 | 7.48 | 5.99 | 30.22 | 26.70 | 23.12 | 19.55 | 15.98 | 68.86 | |
CWIP | 231.87 | 77.10 | 82.60 | 82.60 | 82.60 | 82.60 | 56.44 | 56.44 | 56.44 | 56.44 | 56.44 | 0.00 |
Investments | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 | 61.75 |
105.18 | 332.45 | 365.60 | 365.99 | 363.29 | 363.34 | 346.47 | 343.69 | 340.06 | 339.54 | 339.02 | 338.02 | |
Total Assets | 464.94 | 546.91 | 521.43 | 519.60 | 515.12 | 513.68 | 494.88 | 488.58 | 481.37 | 477.28 | 473.19 | 468.63 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.18 | 31.74 | -54.87 | 0.51 | -2.15 | -0.55 | -5.32 | 0.35 | -0.50 | 0.16 | 2.86 | 0.14 | |
-135.34 | -88.15 | 56.81 | -0.34 | 6.47 | 1.03 | 8.19 | -0.18 | 0.56 | 0.10 | 0.25 | -0.07 | |
122.69 | 56.90 | -2.48 | -0.32 | -4.71 | -0.50 | -3.03 | -0.23 | -0.05 | -0.27 | -3.08 | -0.07 | |
Net Cash Flow | -0.47 | 0.49 | -0.54 | -0.16 | -0.39 | -0.01 | -0.16 | -0.06 | 0.01 | -0.01 | 0.03 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 150.61 | 99.83 | 77.36 | 56.25 | 51.58 | 72.34 | 103.84 | 415.67 | 833.58 | 15,864.15 | 13,169.80 | 10,904.38 |
Inventory Days | 2.77 | 0.00 | 112.95 | 98.41 | 87.73 | 123.49 | 298.79 | 1,351.37 | 2,718.92 | 68,819.09 | 56,775.75 | 51,614.32 |
Days Payable | 21.43 | 15.79 | 9.28 | 8.04 | 14.01 | 25.36 | 88.21 | 272.77 | 176.97 | 0.00 | 8.30 | |
Cash Conversion Cycle | 131.95 | 99.83 | 174.51 | 145.38 | 131.27 | 181.82 | 377.27 | 1,678.83 | 3,279.74 | 84,506.27 | 69,945.55 | 62,510.40 |
Working Capital Days | 124.45 | 69.93 | 150.66 | 111.72 | 95.72 | 126.93 | 333.07 | 1,478.04 | 3,043.31 | 59,432.68 | 48,545.00 | 39,628.57 |
ROCE % | 1.71% | 4.04% | -6.49% | -0.63% | -1.15% | -0.51% | -0.76% | -1.01% | -1.11% | -1.07% | -0.94% | -1.11% |
Documents
Announcements
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Extension Of 34Th Annual General Meeting Of The Company
5 Sep - The Company shall be seeking an extension in holding 34th Annual General Meeting of the Company by 3 months. This is to inform you that …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug - Newspaper publication of Unaudited Financial results for the Quarter Ended June 30, 2023 under regulation 47 of SEBI (LODR) Regulations, 2015
- Board Meeting Outcome for Outcome Of The Board Meeting-Unaudited Financial Results For The Quarter Ended June 30, 2023 11 Aug
- Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Unaudited Financial Results For The Quarter Ended June 30, 2023 Pursuant To Reg. 29(2) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 2 Aug
- Board Meeting Outcome for Outcome Of The Board Meeting 25 Jul
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Business Model
The entire business has three modes of execution of business i.e. Trading of Hardware and Peripherals; Establishing IT Infrastructure and Customization and up-gradation. Based on the orders, the company procures products/material from Dealers and Distributors of brands of IT and IT Infrastructure product manufacturers like HP, Samsung, LG, Lenovo, Dell, Acer, etc. thereafter the same are supplied[1]