Mewar Hi-Tech Engineering Ltd

Mewar Hi-Tech Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mewar Hi-Tech Engineering Ltd

₹ 153 -5.07%
25 Apr 9:18 a.m.
mewarhitech.com BSE - SME: 540150
About

Incorporated in 2006, Mewar Hitech Engineering Ltd manufactures construction equipment[1]

Key Points

Business Overview:[1][2]
MHEL is an ISO 9001:2008 certified manufacturer of crushing screening and size reduction equipment. It has a manufacturing facility is in Sukher, Udaipur. Company sells its product under its brand, Kingson.

Website BSE
  • Market Cap ₹ 59.9 Cr.
  • Current Price ₹ 153
  • High / Low ₹ 171 / 75.0
  • Stock P/E 37.4
  • Book Value ₹ 22.4
  • Dividend Yield 0.00 %
  • ROCE 11.9 %
  • ROE 12.1 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 7.20 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.00% over past five years.
  • Company has a low return on equity of -11.9% 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: Engineering Industry: Engineering

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
24.22 29.02 17.17 29.18 15.79 17.39 20.83 31.20 18.82 25.49 17.08
22.43 26.48 15.57 26.76 14.65 16.55 20.46 26.61 17.55 21.51 14.97
Operating Profit 1.79 2.54 1.60 2.42 1.14 0.84 0.37 4.59 1.27 3.98 2.11
OPM % 7.39% 8.75% 9.32% 8.29% 7.22% 4.83% 1.78% 14.71% 6.75% 15.61% 12.35%
0.20 0.00 0.50 0.09 0.50 0.00 0.33 0.00 0.00 0.00 0.00
Interest 1.31 1.57 1.39 1.65 0.86 1.24 1.16 1.49 1.22 1.37 1.31
Depreciation 0.47 0.55 0.57 0.47 0.63 0.95 1.00 0.68 0.48 0.96 0.79
Profit before tax 0.21 0.42 0.14 0.39 0.15 -1.35 -1.46 2.42 -0.43 1.65 0.01
Tax % 47.62% 45.24% 71.43% 25.64% 66.67% 11.85% 0.00% 6.20% 37.21% 3.64% 0.00%
0.11 0.23 0.05 0.29 0.05 -1.51 -1.46 2.27 -0.59 1.59 0.01
EPS in Rs 0.28 0.59 0.13 0.74 0.13 -3.87 -3.74 5.82 -1.51 4.07 0.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
33.20 23.65 40.73 24.90 36.93 62.03 60.25 52.74 46.35 31.79 51.99 44.22 42.57
30.93 21.05 37.49 21.70 32.72 56.80 56.57 48.70 42.31 33.51 46.99 39.00 36.48
Operating Profit 2.27 2.60 3.24 3.20 4.21 5.23 3.68 4.04 4.04 -1.72 5.00 5.22 6.09
OPM % 6.84% 10.99% 7.95% 12.85% 11.40% 8.43% 6.11% 7.66% 8.72% -5.41% 9.62% 11.80% 14.31%
0.68 0.30 0.11 0.42 0.46 0.39 0.13 0.50 0.59 1.07 0.29 0.03 0.00
Interest 1.21 1.51 1.70 2.23 2.57 2.23 2.08 2.89 3.05 2.42 2.65 2.59 2.68
Depreciation 0.75 0.86 1.35 1.31 1.18 1.15 1.27 1.02 1.04 1.58 1.68 1.43 1.75
Profit before tax 0.99 0.53 0.30 0.08 0.92 2.24 0.46 0.63 0.54 -4.65 0.96 1.23 1.66
Tax % 35.35% 39.62% 36.67% 25.00% 47.83% 44.64% 84.78% 46.03% 37.04% 3.44% 0.00% 17.89%
0.64 0.32 0.19 0.06 0.49 1.24 0.07 0.34 0.34 -4.81 0.96 1.00 1.60
EPS in Rs 10.18 5.09 3.02 0.21 1.26 3.18 0.18 0.87 0.87 -12.32 2.46 2.56 4.10
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: 6%
5 Years: -6%
3 Years: -2%
TTM: -15%
Compounded Profit Growth
10 Years: 12%
5 Years: 62%
3 Years: 43%
TTM: -5%
Stock Price CAGR
10 Years: %
5 Years: 46%
3 Years: 57%
1 Year: %
Return on Equity
10 Years: 0%
5 Years: -5%
3 Years: -12%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

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 0.63 0.63 0.63 2.84 3.90 3.90 3.90 3.90 3.90 3.90 3.90 3.90 3.90
Reserves 6.38 5.50 5.60 3.90 5.66 6.90 6.97 7.39 7.73 2.91 3.87 4.87 4.86
9.59 13.85 14.08 19.06 17.89 18.97 20.21 23.09 22.24 23.65 25.49 22.18 18.54
8.36 11.16 14.22 14.69 24.06 21.69 16.84 16.40 20.79 21.92 16.36 15.03 19.13
Total Liabilities 24.96 31.14 34.53 40.49 51.51 51.46 47.92 50.78 54.66 52.38 49.62 45.98 46.43
6.55 7.28 8.17 7.43 7.38 7.86 7.70 7.03 9.00 10.72 9.67 8.08 7.76
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.11 0.11 0.11 0.11 0.16 0.17 0.17 0.11 0.11 0.11 0.11 0.11 0.11
18.30 23.75 26.25 32.95 43.97 43.43 40.05 43.64 45.55 41.55 39.84 37.79 38.56
Total Assets 24.96 31.14 34.53 40.49 51.51 51.46 47.92 50.78 54.66 52.38 49.62 45.98 46.43

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.96 0.57 3.31 -2.64 2.19 2.30 0.00 0.00 4.44 9.33 -1.38 5.86
-2.38 -1.31 -2.23 -0.20 -1.11 -1.47 0.00 0.00 -1.52 -6.92 2.44 1.24
1.46 0.84 -1.12 3.03 -1.26 -0.55 0.00 0.00 -2.94 -2.13 -1.27 -7.10
Net Cash Flow 0.03 0.11 -0.04 0.18 -0.17 0.28 0.00 0.00 -0.03 0.27 -0.21 0.00

Ratios

Figures in Rs. Crores

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 32.10 25.77 41.58 87.37 85.79 73.08 62.94 74.81 109.78 124.92 94.43 88.65
Inventory Days 143.97 431.00 219.76 550.49 503.34 204.85 192.91 248.96 304.11 310.38 218.36 275.10
Days Payable 75.90 95.30 100.55 309.61 334.38 139.96 113.12 138.59 188.09 272.27 148.06 149.06
Cash Conversion Cycle 100.17 361.47 160.79 328.25 254.75 137.98 142.73 185.19 225.80 163.03 164.72 214.69
Working Capital Days 100.16 168.84 95.80 236.59 179.78 120.33 135.52 166.44 189.23 159.59 144.41 169.13
ROCE % 14.73% 11.10% 9.88% 10.02% 13.11% 15.34% 8.45% 10.75% 10.52% -7.37% 11.49% 11.90%

Shareholding Pattern

Numbers in percentages

Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01% 56.01%
43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99% 43.99%
No. of Shareholders 615955525254545454545460

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