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 ₹ 159 Cr.
- Current Price ₹ 0.42
- High / Low ₹ 0.90 / 0.35
- Stock P/E
- Book Value ₹ 1.15
- Dividend Yield 0.00 %
- ROCE -1.09 %
- ROE -1.01 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.38 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -62.7% over past five years.
- Promoter holding is low: 1.95%
- Company has a low return on equity of -1.06% over last 3 years.
- Company has high debtors of 22,630 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
239.29 | 330.40 | 246.02 | 306.60 | 300.78 | 203.28 | 77.77 | 17.00 | 8.14 | 0.41 | 0.49 | 0.56 | |
223.08 | 300.65 | 276.05 | 308.29 | 306.49 | 204.75 | 79.78 | 18.34 | 9.74 | 1.85 | 2.05 | 2.95 | |
Operating Profit | 16.21 | 29.75 | -30.03 | -1.69 | -5.71 | -1.47 | -2.01 | -1.34 | -1.60 | -1.44 | -1.56 | -2.39 |
OPM % | 6.77% | 9.00% | -12.21% | -0.55% | -1.90% | -0.72% | -2.58% | -7.88% | -19.66% | -351.22% | -318.37% | -426.79% |
0.67 | 0.02 | 0.20 | 0.29 | 6.83 | 1.46 | 6.86 | 0.12 | 0.00 | 0.09 | 0.85 | 0.98 | |
Interest | 3.12 | 2.94 | 2.39 | 0.14 | 0.26 | 0.42 | 3.23 | 0.61 | 0.43 | 0.64 | 0.27 | 0.07 |
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 |
Profit before tax | 1.92 | 13.30 | -33.88 | -2.83 | -0.30 | -1.50 | -0.01 | -5.35 | -5.61 | -5.56 | -4.55 | -5.05 |
Tax % | 34.38% | 27.82% | 1.51% | 23.67% | 110.00% | 40.67% | 25,100.00% | -65.05% | 41.18% | 2.34% | 9.45% | 12.67% |
Net Profit | 1.25 | 9.60 | -33.37 | -2.16 | 0.02 | -0.88 | 2.51 | -8.83 | -3.31 | -5.43 | -4.12 | -4.40 |
EPS in Rs | 0.02 | 0.03 | -0.09 | -0.01 | 0.00 | -0.00 | 0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
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: | -47% |
5 Years: | -63% |
3 Years: | -59% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -12% |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | -13% |
5 Years: | 32% |
3 Years: | 100% |
1 Year: | -50% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -1% |
3 Years: | -1% |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 128.39 | 104.01 | 71.22 | 68.45 | 68.88 | 78.84 | 81.41 | 73.12 | 70.42 | 64.82 | 61.01 | 57.27 |
32.52 | 31.04 | 30.89 | 31.71 | 26.61 | 23.60 | 22.28 | 22.78 | 23.29 | 24.05 | 23.15 | 20.32 | |
190.30 | 45.97 | 54.59 | 56.25 | 57.32 | 48.45 | 28.23 | 30.64 | 27.01 | 27.34 | 28.47 | 31.90 | |
Total Liabilities | 474.34 | 558.46 | 534.14 | 533.85 | 530.25 | 528.33 | 509.36 | 503.98 | 498.16 | 493.65 | 490.07 | 486.93 |
127.83 | 137.30 | 73.17 | 70.95 | 69.17 | 67.68 | 91.91 | 88.39 | 84.81 | 81.24 | 77.67 | 130.55 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
114.64 | 344.06 | 378.37 | 380.30 | 378.48 | 378.05 | 361.01 | 359.15 | 356.91 | 355.97 | 355.96 | 356.38 | |
Total Assets | 474.34 | 558.46 | 534.14 | 533.85 | 530.25 | 528.33 | 509.36 | 503.98 | 498.16 | 493.65 | 490.07 | 486.93 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8.48 | 31.27 | -55.29 | 0.01 | 0.00 | -0.52 | -5.33 | -0.07 | -1.12 | 0.35 | 2.62 | -0.51 | |
-131.21 | -87.80 | 57.32 | 0.03 | 0.00 | 0.89 | 8.20 | 0.25 | 1.18 | -0.09 | 0.49 | -0.07 | |
122.64 | 56.90 | -2.39 | -0.32 | 0.00 | -0.50 | -3.03 | -0.23 | -0.05 | -0.27 | -3.08 | -0.07 | |
Net Cash Flow | -0.09 | 0.37 | -0.36 | -0.28 | 0.00 | -0.14 | -0.16 | -0.05 | 0.01 | -0.01 | 0.03 | -0.65 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 111.05 | 87.47 | 73.29 | 59.15 | 62.84 | 92.22 | 169.66 | 740.74 | 1,573.45 | 30,179.27 | 25,520.20 | 22,630.00 |
Inventory Days | 1.72 | 0.00 | 84.04 | 74.89 | 76.39 | 113.24 | 296.03 | 1,351.37 | 2,718.92 | 68,819.09 | 56,775.75 | 51,614.32 |
Days Payable | 20.79 | 13.76 | 7.06 | 16.99 | 27.22 | 61.70 | 266.15 | 662.68 | 9,799.70 | 8,194.25 | 8,079.77 | |
Cash Conversion Cycle | 91.98 | 87.47 | 143.57 | 126.98 | 122.23 | 178.24 | 403.99 | 1,825.96 | 3,629.69 | 89,198.66 | 74,101.70 | 66,164.55 |
Working Capital Days | 87.28 | 58.47 | 115.90 | 92.44 | 91.35 | 128.08 | 360.45 | 1,626.61 | 3,380.96 | 65,975.98 | 54,183.88 | 44,992.77 |
ROCE % | 2.02% | 4.10% | -6.36% | -0.56% | -1.17% | -0.51% | -0.75% | -0.99% | -1.10% | -1.05% | -0.92% | -1.09% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Newspaper Publication of Audited Financial Results for the Quarter and Year Ended March 31, 2023 under Regulation 47 of the SEBI (LODR) Regulations, 2015
- Disclosure Of Related Party Transactions Under Reg. 23(9) Of The SEBI (LODR) Regulations 2015 For The Half-Year Ended March 31 2023 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting And Submission Of Audited Financial Results For The Quarter And Year Ended March 31 2023 As Required U/R 33 Of The SEBI (LODR) Regulations 2015 30 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
18 May - Submission of Annual Secretarial Compliance Report for the Year Ended March 31, 2023, pursuant to the Regulation 24A of the SEBI (LODR) Regulations, 2015.
- Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Audited Financial Results For The Quarter And Year Ended March 31, 2023 Pursuant To Reg. 29(2) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 15 May
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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]