Megatherm Induction Ltd
Incorporated in 2010, Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment.[1]
- Market Cap ₹ 881 Cr.
- Current Price ₹ 468
- High / Low ₹ 490 / 195
- Stock P/E 42.6
- Book Value ₹ 63.9
- Dividend Yield 0.00 %
- ROCE 36.2 %
- ROE 40.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.7%
- Debtor days have improved from 36.1 to 27.7 days.
- Company's working capital requirements have reduced from 20.1 days to 10.6 days
Cons
- Stock is trading at 7.12 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -26.2%
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 132 | 109 | 188 | 266 | 306 | |
| 116 | 96 | 179 | 238 | 270 | |
| Operating Profit | 16 | 13 | 9 | 28 | 36 |
| OPM % | 12% | 12% | 5% | 10% | 12% |
| 1 | 0 | 0 | 1 | 1 | |
| Interest | 6 | 7 | 5 | 6 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 8 | 4 | 2 | 20 | 28 |
| Tax % | 31% | 27% | 28% | 29% | 25% |
| 6 | 3 | 1 | 14 | 21 | |
| EPS in Rs | 11.00 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 89% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 19 |
| Reserves | 23 | 26 | 27 | 41 | 102 |
| 42 | 43 | 40 | 43 | 36 | |
| 50 | 68 | 96 | 99 | 114 | |
| Total Liabilities | 124 | 146 | 173 | 192 | 270 |
| 44 | 43 | 40 | 58 | 64 | |
| CWIP | 0 | 0 | 2 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 7 |
| 80 | 103 | 131 | 133 | 199 | |
| Total Assets | 124 | 146 | 173 | 192 | 270 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 4 | 14 | 17 | 26 | 23 | |
| -3 | -5 | -3 | -20 | -37 | |
| -0 | -6 | -7 | -3 | 36 | |
| Net Cash Flow | 1 | 4 | 7 | 3 | 22 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 25 | 82 | 49 | 32 | |
| Inventory Days | 180 | 256 | 166 | 129 | |
| Days Payable | 108 | 139 | 91 | 75 | |
| Cash Conversion Cycle | 97 | 200 | 124 | 86 | |
| Working Capital Days | 89 | 94 | 38 | 12 | |
| ROCE % | 15% | 9% | 30% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
2 July 2024 - Megatherm Induction Limited has informed about Schedule of meet
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Updates
24 June 2024 - Megatherm Induction Limited has informed regarding 'Outcome of Kaptify Korporate Konnect'.
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Price movement
19 June 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Price movement
19 June 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Analysts/Institutional Investor Meet/Con. Call Updates
18 June 2024 - Megatherm Induction Limited has informed about Schedule of meet
Annual reports
No data available.
Business Profile[1] The company manufactures upstream and downstream equipment and machinery for steelworks, such as transformers, ladle refining furnaces, continuous casting machines, fume extraction systems, etc., as well as electric arc furnaces for the alloy and special steel industry.