Mehai Technology Ltd

Mehai Technology Ltd

₹ 36.7 1.97%
24 Jul - close price
About

Incorporated in 2013, Mehai Technology Ltd deals in electronic Items and trading activities[1]

Key Points

Business Overview:[1]
Company is an electronics retail chain operator in Eastern India which provides customers with a one-stop-shop for all their electronics needs. At present, company has ~16 electronics retail stores in Patna and plans to open ~4 new stores in Kolkata

  • Market Cap 80.0 Cr.
  • Current Price 36.7
  • High / Low 36.7 / 14.4
  • Stock P/E 138
  • Book Value 21.7
  • Dividend Yield 0.00 %
  • ROCE 5.63 %
  • ROE 2.07 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 102 to 62.4 days.
  • Promoter holding has increased by 4.17% over last quarter.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last 3 years: -15.6%

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.73 2.58 1.67 0.81 0.80 2.64 4.51 2.00 3.81 4.84 4.38
0.62 2.46 1.56 0.75 0.78 2.49 3.82 1.88 3.41 4.53 3.58
Operating Profit 0.11 0.12 0.11 0.06 0.02 0.15 0.69 0.12 0.40 0.31 0.80
OPM % 15.07% 4.65% 6.59% 7.41% 2.50% 5.68% 15.30% 6.00% 10.50% 6.40% 18.26%
0.00 0.02 0.02 0.03 0.06 0.02 0.02 0.26 0.09 0.13 0.04
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.11 0.15 0.30 0.31
Depreciation 0.01 0.01 0.12 0.03 0.03 0.03 0.04 0.04 0.05 0.06 0.11
Profit before tax 0.10 0.13 0.01 0.06 0.05 0.13 0.65 0.23 0.29 0.08 0.42
Tax % 30.00% 23.08% 0.00% 16.67% 20.00% 23.08% 49.23% 34.78% 20.69% 112.50% 50.00%
0.07 0.10 0.01 0.04 0.04 0.10 0.34 0.15 0.23 -0.01 0.21
EPS in Rs 0.07 0.09 0.01 0.04 0.04 0.09 0.32 0.14 0.21 0.06 0.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
6.01 8.76 14.91
5.52 7.83 12.87
Operating Profit 0.49 0.93 2.04
OPM % 8.15% 10.62% 13.68%
0.03 0.13 0.10
Interest 0.01 0.04 0.87
Depreciation 0.15 0.14 0.27
Profit before tax 0.36 0.88 1.00
Tax % 25.00% 43.18% 43.00%
0.27 0.51 0.58
EPS in Rs 0.25 0.48 0.30
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 70%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 14%
Stock Price CAGR
10 Years: %
5 Years: -9%
3 Years: -12%
1 Year: 93%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 10.71 10.71 19.61
Reserves 2.24 2.75 22.99
0.08 1.49 8.85
1.38 2.64 6.03
Total Liabilities 14.41 17.59 57.48
1.53 1.75 2.15
CWIP 0.00 3.65 13.08
Investments 0.00 0.00 0.00
12.88 12.19 42.25
Total Assets 14.41 17.59 57.48

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
-0.03 3.27 1.55
0.08 -4.00 -36.92
-0.04 1.39 35.06
Net Cash Flow 0.00 0.65 -0.31

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 205.27 37.08 62.42
Inventory Days 158.43 157.97 358.02
Days Payable 75.33 101.36 61.17
Cash Conversion Cycle 288.37 93.69 359.28
Working Capital Days 369.86 146.67 214.45
ROCE % 6.58% 5.63%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
71.95% 71.95% 0.00% 70.14% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16% 52.16% 56.33%
28.05% 28.05% 100.00% 29.87% 47.84% 47.85% 47.85% 47.85% 47.85% 47.84% 47.85% 43.67%
No. of Shareholders 9721,1274,7154,71512,53910,82010,0719,2538,8289,53410,2109,335

Documents