Mahaveer Infoway Ltd
Incorporated in 1991, Mahaveer Infoway Ltd is engaged in carrying activities of mobile handset manufacturing and trading under the brand name ‘ZINK’. Company also does staffing and software development services.
- Market Cap ₹ 4.24 Cr.
- Current Price ₹ 7.70
- High / Low ₹ 11.2 / 6.68
- Stock P/E
- Book Value ₹ 7.50
- Dividend Yield 0.00 %
- ROCE -5.28 %
- ROE -10.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.03 times its book value
- Debtor days have improved from 95.0 to 31.7 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.59% over last 3 years.
* 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
51.37 | 72.19 | 55.96 | 25.81 | 11.04 | 2.28 | 1.68 | 2.20 | 1.24 | 3.04 | 4.11 | 5.41 | 3.07 | |
55.10 | 77.04 | 61.21 | 29.74 | 14.39 | 2.43 | 2.29 | 2.35 | 1.26 | 2.58 | 3.57 | 5.85 | 3.67 | |
Operating Profit | -3.73 | -4.85 | -5.25 | -3.93 | -3.35 | -0.15 | -0.61 | -0.15 | -0.02 | 0.46 | 0.54 | -0.44 | -0.60 |
OPM % | -7.26% | -6.72% | -9.38% | -15.23% | -30.34% | -6.58% | -36.31% | -6.82% | -1.61% | 15.13% | 13.14% | -8.13% | -19.54% |
4.66 | 5.79 | 6.31 | 4.67 | 3.63 | 0.18 | 0.42 | 0.00 | -0.14 | 0.00 | -0.55 | 0.29 | 0.29 | |
Interest | 0.58 | 0.57 | 0.69 | 0.61 | 0.64 | 0.49 | 0.36 | 0.32 | 0.23 | 0.16 | 0.16 | 0.13 | 0.12 |
Depreciation | 0.10 | 0.09 | 0.09 | 0.08 | 0.06 | 0.10 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.11 | 0.13 |
Profit before tax | 0.25 | 0.28 | 0.28 | 0.05 | -0.42 | -0.56 | -0.64 | -0.56 | -0.46 | 0.23 | -0.23 | -0.39 | -0.56 |
Tax % | 4.00% | 35.71% | 39.29% | -20.00% | 2.38% | 1.79% | 1.56% | -12.50% | 2.17% | 13.04% | 34.78% | 2.56% | |
0.24 | 0.19 | 0.17 | 0.06 | -0.42 | -0.57 | -0.65 | -0.48 | -0.47 | 0.21 | -0.31 | -0.39 | -0.55 | |
EPS in Rs | 0.44 | 0.34 | 0.31 | 0.11 | -0.76 | -1.03 | -1.18 | -0.87 | -0.85 | 0.38 | -0.56 | -0.71 | -0.99 |
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: | -23% |
5 Years: | 26% |
3 Years: | 63% |
TTM: | -50% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -13% |
TTM: | -817% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | 2% |
Last Year: | -10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 |
Reserves | 1.10 | 1.29 | 1.46 | 1.52 | 1.10 | 0.54 | -0.11 | -0.59 | -1.06 | -0.85 | -1.17 | -1.56 | -1.38 |
5.09 | 5.44 | 5.80 | 5.87 | 5.52 | 4.00 | 3.36 | 3.63 | 2.93 | 1.98 | 1.35 | 1.72 | 1.20 | |
4.00 | 8.03 | 2.65 | 0.56 | 2.26 | 0.76 | 0.97 | 0.27 | 0.36 | 1.59 | 2.99 | 1.78 | 1.99 | |
Total Liabilities | 15.70 | 20.27 | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.32 |
0.66 | 0.61 | 0.35 | 0.31 | 0.25 | 1.30 | 1.36 | 1.33 | 1.34 | 1.29 | 1.20 | 1.28 | 1.22 | |
CWIP | 0.22 | 0.37 | 1.42 | 1.14 | 1.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.89 | 1.83 | 1.75 | 2.03 | 2.03 | 2.39 | 1.78 | 1.78 | 1.07 | 1.07 | 0.58 | 0.32 | 0.32 |
12.93 | 17.46 | 11.90 | 9.98 | 10.97 | 7.12 | 6.59 | 5.71 | 5.33 | 5.87 | 6.90 | 5.85 | 5.78 | |
Total Assets | 15.70 | 20.27 | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.32 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.88 | -0.58 | 1.36 | 0.77 | 0.25 | 1.95 | 0.00 | 0.31 | -0.44 | 1.12 | 0.70 | -0.28 | |
-0.16 | 0.05 | -0.77 | 0.00 | 0.12 | -0.36 | 0.55 | 0.00 | 0.72 | -0.02 | 0.50 | 0.34 | |
-0.02 | -0.18 | -0.24 | -0.53 | -0.95 | -1.99 | -0.58 | -0.29 | -0.28 | -1.09 | -0.74 | -0.57 | |
Net Cash Flow | 0.70 | -0.71 | 0.36 | 0.24 | -0.58 | -0.40 | -0.03 | 0.02 | 0.00 | 0.01 | 0.46 | -0.51 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 37.09 | 50.21 | 37.37 | 43.98 | 106.46 | 324.98 | 469.29 | 283.70 | 423.87 | 160.89 | 92.36 | 31.71 |
Inventory Days | 19.56 | 21.83 | 16.93 | 36.49 | 128.70 | 425.83 | 335.45 | 399.35 | 600.80 | 369.17 | 305.22 | 116.28 |
Days Payable | 16.04 | 29.86 | 11.71 | 4.10 | 63.29 | 79.08 | 67.79 | 38.65 | 80.75 | 0.00 | 15.73 | 22.61 |
Cash Conversion Cycle | 40.61 | 42.18 | 42.59 | 76.36 | 171.86 | 671.73 | 736.95 | 644.41 | 943.92 | 530.06 | 381.84 | 125.38 |
Working Capital Days | 55.28 | 45.45 | 55.25 | 118.65 | 272.76 | 1,008.55 | 1,205.80 | 885.95 | 1,433.51 | 499.47 | 294.84 | 266.50 |
ROCE % | 9.14% | 7.10% | 7.76% | 5.14% | 1.76% | -0.63% | -2.98% | -2.77% | -1.00% | 5.56% | 9.25% | -5.28% |
Documents
Announcements
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Closure of Trading Window
16 Apr - Closure of trading window for insider trading compliance.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Submission of compliance under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for quarter ended 31/03/2025
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Mar
Annual reports
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Financial Year 2024
from bse
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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 2012
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Financial Year 2011
from bse
Services Offered:
a) Cloud Services:[1] Consulting and Strategy, Migration, Custom Development
b) Development Services:[2] Ms Net, Java/J2EE, SharePoint
c) Mobile Enablement:[3] Android, BlackBerry, Symbian/Ovi, Windows Mobile, iPhone, J2ME platforms
d) Testing Services:[4] Testing Overview, Security Testing, Consulting Services, Performance Engineering, Software Validation, Test Automation, Tools Expertise, Engagement Model
e) Strategic Sourcing:[5][6] Virtual Teams, IT Staffing