Moschip Technologies Ltd
Moschip Technologies Ltd is a semiconductor and system design company with a focus on Turnkey ASICs, Mixed Signal IP, semiconductor & product engineering, and IoT solutions catering to aerospace & defence, consumer electronics, automotive, medical and networking & telecommunications.[1]
- Market Cap ₹ 4,296 Cr.
- Current Price ₹ 226
- High / Low ₹ 327 / 83.5
- Stock P/E 256
- Book Value ₹ 15.4
- Dividend Yield 0.00 %
- ROCE 6.62 %
- ROE 5.17 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 18.6% CAGR over last 5 years
- Company's median sales growth is 32.8% of last 10 years
Cons
- Stock is trading at 14.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.41%
- Tax rate seems low
- Company has a low return on equity of 6.63% 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
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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 8 | 6 | 5 | 38 | 60 | 75 | 99 | 105 | 148 | 198 | 294 | 371 | |
17 | 14 | 8 | 14 | 37 | 66 | 91 | 114 | 98 | 125 | 172 | 260 | 330 | |
Operating Profit | -7 | -7 | -2 | -9 | 0 | -5 | -16 | -15 | 7 | 23 | 26 | 34 | 41 |
OPM % | -69% | -88% | -37% | -165% | 0% | -9% | -21% | -15% | 7% | 15% | 13% | 12% | 11% |
-6 | -1 | 0 | 0 | 3 | 0 | 2 | -16 | 2 | 5 | 5 | 3 | 4 | |
Interest | 1 | 2 | 2 | 3 | 2 | 5 | 5 | 6 | 9 | 9 | 8 | 6 | 6 |
Depreciation | 1 | 0 | 0 | 0 | 0 | 2 | 9 | 9 | 9 | 13 | 17 | 20 | 20 |
Profit before tax | -14 | -10 | -5 | -12 | 1 | -13 | -28 | -46 | -9 | 6 | 6 | 11 | 18 |
Tax % | 0% | 0% | 0% | 0% | 9% | 0% | 3% | -1% | 1% | 0% | 1% | 13% | |
-14 | -10 | -5 | -12 | 1 | -13 | -29 | -46 | -9 | 6 | 6 | 10 | 17 | |
EPS in Rs | -3.13 | -2.13 | -1.01 | -2.59 | 0.09 | -0.96 | -1.96 | -2.91 | -0.58 | 0.40 | 0.37 | 0.53 | 0.89 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 44% |
5 Years: | 31% |
3 Years: | 41% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 19% |
3 Years: | 45% |
TTM: | 64% |
Stock Price CAGR | |
---|---|
10 Years: | 50% |
5 Years: | 83% |
3 Years: | 69% |
1 Year: | 141% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 7% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 9 | 9 | 25 | 26 | 31 | 32 | 32 | 32 | 33 | 38 | 38 |
Reserves | -44 | -52 | -22 | -34 | 19 | 12 | 50 | 31 | 21 | 33 | 80 | 232 | 255 |
9 | 13 | 16 | 26 | 32 | 55 | 44 | 62 | 63 | 68 | 72 | 69 | 92 | |
3 | 8 | 9 | 10 | 11 | 33 | 59 | 36 | 37 | 29 | 30 | 44 | 73 | |
Total Liabilities | 15 | 15 | 13 | 11 | 87 | 126 | 184 | 161 | 154 | 162 | 215 | 382 | 458 |
3 | 2 | 0 | 0 | 32 | 48 | 105 | 96 | 91 | 94 | 110 | 236 | 247 | |
CWIP | 0 | 0 | 0 | 0 | 14 | 10 | 2 | 3 | 0 | 0 | 0 | 9 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
12 | 13 | 13 | 11 | 40 | 67 | 77 | 61 | 62 | 68 | 105 | 138 | 210 | |
Total Assets | 15 | 15 | 13 | 11 | 87 | 126 | 184 | 161 | 154 | 162 | 215 | 382 | 458 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -0 | -0 | -0 | -39 | -20 | -21 | -11 | 11 | 16 | 14 | 31 | |
0 | 0 | 0 | 0 | -15 | -14 | -7 | -2 | -0 | -6 | -18 | -81 | |
-0 | 0 | 0 | 0 | 56 | 34 | 29 | 13 | -8 | -10 | -0 | 51 | |
Net Cash Flow | -1 | -0 | -0 | -0 | 1 | -0 | 2 | 0 | 3 | 1 | -4 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 176 | 155 | 51 | 87 | 150 | 202 | 170 | 103 | 121 | 102 | 134 | 112 |
Inventory Days | 259 | 103 | 192 | 79 | 48 | 12 | ||||||
Days Payable | 372 | 372 | 836 | 643 | 356 | 221 | ||||||
Cash Conversion Cycle | 176 | 155 | 51 | 87 | 37 | -67 | -473 | -461 | 121 | -207 | 134 | -96 |
Working Capital Days | 298 | 166 | 154 | 77 | 251 | 185 | 187 | 91 | 85 | 95 | 124 | 101 |
ROCE % | -60% | -76% | -44% | -321% | 4% | -9% | -21% | -18% | -0% | 12% | 9% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
20 Nov - Allotment of 4,86,520 equity shares to employees.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Oct - Newspaper Publication - Unaudited Financial Results for the quarter & half year ended 30-Sep-2024
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Oct - MosChip announces Q2 FY25 unaudited financial results.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
24 Oct - Grant of 1,80,460 ESOPS to the eligible employees of the Company.
- Submission Of Unaudited Financial Results For The Quarter Ended 30-Sep-2024 24 Oct
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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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
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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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Business Overview
Moschip is a semiconductor and system design services company headquartered in Hyderabad, India, with offices located in silicon valley USA, Hyderabad, Bangalore, Ahmedabad and Pune. It provides turn-key digital and mixed-signal ASICs, design services, SerDes IP, and embedded system design solutions. Over the past 2 decades, MosChip has developed and shipped millions of connectivity ICs. [1]