Macobs Technologies Ltd
Incorporated in 2019, Macobs Technologies Ltd is in the online business of selling men’s grooming products[1]
- Market Cap ₹ 153 Cr.
- Current Price ₹ 156
- High / Low ₹ 197 / 94.2
- Stock P/E 69.5
- Book Value ₹ 31.8
- Dividend Yield 0.00 %
- ROCE 42.6 %
- ROE 35.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 59.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 40.9 days to 97.0 days
* 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: E-Commerce/App based Aggregator Industry: Trading
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.95 | 6.01 | 14.78 | 20.62 | |
| 0.95 | 5.43 | 11.81 | 17.18 | |
| Operating Profit | 0.00 | 0.58 | 2.97 | 3.44 |
| OPM % | 0.00% | 9.65% | 20.09% | 16.68% |
| 0.00 | 0.01 | 0.05 | 0.13 | |
| Interest | 0.01 | 0.01 | 0.18 | 0.40 |
| Depreciation | 0.00 | 0.03 | 0.10 | 0.18 |
| Profit before tax | -0.01 | 0.55 | 2.74 | 2.99 |
| Tax % | 0.00% | 25.45% | 25.55% | 26.09% |
| -0.01 | 0.40 | 2.05 | 2.21 | |
| EPS in Rs | -10.00 | 400.00 | 2,050.00 | 3.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 179% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 506% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 7.20 | 9.80 |
| Reserves | -0.01 | 0.39 | 2.44 | 2.63 | 21.33 |
| 0.04 | 0.21 | 1.08 | 2.50 | 0.96 | |
| 0.36 | 0.91 | 2.42 | 2.11 | 8.21 | |
| Total Liabilities | 0.40 | 1.52 | 5.95 | 14.44 | 40.30 |
| 0.02 | 0.23 | 0.20 | 0.71 | 0.62 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 |
| 0.38 | 1.29 | 5.75 | 13.67 | 39.62 | |
| Total Assets | 0.40 | 1.52 | 5.95 | 14.44 | 40.30 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0.03 | 0.55 | -0.34 | -2.27 | |
| -0.02 | -0.24 | -0.03 | -0.63 | |
| 0.02 | 0.16 | 0.71 | 6.17 | |
| Net Cash Flow | -0.03 | 0.47 | 0.34 | 3.28 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 3.84 | 6.07 | 2.47 | 3.19 |
| Inventory Days | 176.21 | 77.21 | 79.64 | 180.08 |
| Days Payable | 365.00 | 59.66 | 88.93 | 7.86 |
| Cash Conversion Cycle | -184.95 | 23.62 | -6.82 | 175.41 |
| Working Capital Days | -11.53 | -6.68 | 32.35 | 97.00 |
| ROCE % | 172.31% | 141.06% | 42.62% |
Documents
Announcements
-
Shareholders meeting
13 February 2025 - Macobs Technologies Limited has submitted the Exchange a copy of Revised Scrutinizers Report of Extra-Ordinary General Meeting held on February 11, 2025.
-
Shareholders meeting
12 February 2025 - Macobs Technologies Limited has submitted the Exchange a copy of Scrutinizers Report of Extra-ordinary General Meeting held on February 11, 2025
-
Shareholders meeting
11 February 2025 - Macobs Technologies Limited has informed regarding Proceedings of Extraordinary General Meeting held on February 11, 2025
-
Corrigendum
4 February 2025 - Macobs Technologies Limited has informed regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on February 11, 2025
-
Outcome of Board Meeting
23 January 2025 - Macobs Technologies Limited has informed regarding Board meeting held on August 31, 2024.
Business Overview:[1]
MTL is in the male grooming business and specializes in below-the-belt grooming, selling products exclusively online through Menhood and other e-commerce platforms. It offers specialized trimmers for sensitive areas, hygiene products tailored for male skin, and a variety of self-care items. The company does not have an offline presence.