Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.81 | 4.82 | 5.48 | 1.99 | 10.17 | 45.73 | 42.06 | 9.09 | 14.60 | 19.39 | 58.77 | 18.97 |
| Expenses | 3.41 | 4.44 | 5.01 | 1.48 | 8.68 | 37.89 | 40.33 | 7.22 | 11.95 | 16.34 | 54.17 | 16.17 |
| Operating Profit | 0.40 | 0.38 | 0.47 | 0.51 | 1.49 | 7.84 | 1.73 | 1.87 | 2.65 | 3.05 | 4.60 | 2.80 |
| OPM % | 10.50% | 7.88% | 8.58% | 25.63% | 14.65% | 17.14% | 4.11% | 20.57% | 18.15% | 15.73% | 7.83% | 14.76% |
| Other Income | 0.09 | 0.13 | 0.04 | 0.03 | 0.04 | 0.02 | 0.03 | 0.16 | 0.13 | 0.32 | 0.61 | 0.32 |
| Interest | 0.15 | 0.12 | 0.14 | 0.25 | 0.30 | 0.46 | 0.65 | 0.89 | 0.84 | 0.45 | 0.75 | 1.32 |
| Depreciation | 0.05 | 0.06 | 0.11 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Profit before tax | 0.29 | 0.33 | 0.26 | 0.22 | 1.16 | 7.33 | 1.04 | 1.07 | 1.87 | 2.85 | 4.39 | 1.73 |
| Tax % | 20.69% | 27.27% | 80.77% | 27.27% | 31.03% | 27.29% | 27.88% | 28.04% | 28.34% | 27.72% | 27.79% | 28.32% |
| Net Profit | 0.23 | 0.24 | 0.04 | 0.15 | 0.80 | 5.32 | 0.75 | 0.78 | 1.34 | 2.06 | 3.17 | 1.23 |
| EPS in Rs | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.09 | 0.01 | 0.01 | 0.04 | 0.03 | 0.04 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 5 | 5 | 21 | 25 | 5 | 6 | 8 | 16 | 100 | 102 | 112 |
| Expenses | 1 | 5 | 5 | 21 | 25 | 5 | 6 | 7 | 14 | 88 | 90 | 99 |
| Operating Profit | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 | 2 | 12 | 12 | 13 |
| OPM % | 2.4% | 8% | 0.9% | 1.2% | -0.2% | 4.9% | 8% | 11% | 11% | 12% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 | 1 | 10 | 10 | 11 |
| Tax % | 0% | 28% | 35% | 40% | -22% | 33% | 25% | 43% | 40% | 28% | 28% | |
| Net Profit | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 7 | 7 | 8 |
| EPS in Rs | 0.02 | 0.78 | 0.00 | 0.01 | -0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.11 | 0.10 | 0.12 |
| Dividend Payout % | 0% | 0% | 27% | 24% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 55% | 82% | 133% | 4% | ||
| Compounded Profit Growth | 94% | 141% | 145% | 2% | ||
| Stock Price CAGR | % | -14% | 3% | -88% | ||
| Return on Equity | 5% | 6% | 6% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 0.09 | 5 | 11 | 11 | 11 | 11 | 11 | 20 | 31 | 75 |
| Reserves | 0 | 0 | 0 | 7 | 2 | 2 | 2 | 2 | 3 | 23 | 66 | 144 |
| Borrowings | 0 | 0 | 3 | 0 | 1 | 0 | 0 | 0 | 1 | 4 | 23 | 53 |
| Other Liabilities | 0 | 1 | 5 | 2 | 3 | 4 | 2 | 1 | 2 | 1 | 3 | 12 |
| Total Liabilities | 1 | 1 | 9 | 14 | 16 | 17 | 14 | 14 | 17 | 48 | 124 | 284 |
| Fixed Assets | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 9 | 19 | 19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Other Assets | 0 | 1 | 7 | 12 | 14 | 15 | 13 | 13 | 11 | 37 | 102 | 263 |
| Total Assets | 1 | 1 | 9 | 14 | 16 | 17 | 14 | 14 | 17 | 48 | 124 | 284 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | -1 | 1 | -6 | -1 | -1 | 3 | -0 | 3 | -11 | -0 | 12 |
| Cash from Investing Activity | -0 | 0 | -1 | -1 | -0 | -0 | -0 | 0 | -4 | -20 | -46 | -122 |
| Cash from Financing Activity | -0 | 1 | 3 | 9 | -3 | 1 | -3 | -0 | 1 | 30 | 46 | 111 |
| Net Cash Flow | 0 | 0 | 3 | 2 | -4 | -1 | 0 | 0 | 1 | -0 | -0 | 1 |
| Free Cash Flow | 0 | -1 | -0 | -7 | -1 | -1 | 3 | -0 | -1 | -31 | -46 | -31 |
| CFO/OP | 1,400% | -2,333% | 280% | -12,320% | -396% | 1,933% | 1,140% | 12% | 396% | -583% | 11% | 114% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 44 | 240 | 96 | 114 | 91 | 415 | 205 | 40 | 47 | 105 | 113 |
| Inventory Days | 435 | 321 | 35 | 56 | 50 | 4 | 54 | 158 | 121 | 119 | 45 | 8 |
| Days Payable | 604 | 65 | 222 | 121 | 52 | 56 | 70 | 75 | 64 | 10 | 0 | 7 |
| Cash Conversion Cycle | -168 | 300 | 53 | 31 | 112 | 39 | 399 | 288 | 98 | 156 | 150 | 114 |
| Working Capital Days | -77 | 177 | -19 | 371 | 113 | 122 | 397 | 370 | 138 | 41 | 97 | 278 |
| ROCE % | 25% | 18% | 23% | 3% | 3% | 0% | 1% | 3% | 6% | 5% | 14% | 7% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.16% | 52.16% | 52.16% | 56.33% | 56.33% | 55.79% | 52.46% | 54.21% | 54.21% | 36.83% | 36.45% | 36.45% |
| Public | 47.85% | 47.84% | 47.85% | 43.67% | 43.67% | 44.21% | 47.53% | 45.80% | 45.78% | 63.17% | 63.54% | 63.55% |
| No. of Shareholders | 8,828 | 9,534 | 10,210 | 9,335 | 7,503 | 8,079 | 10,166 | 10,493 | 12,902 | 20,568 | 22,815 | 23,307 |
Fundamentals
Market Cap₹ 98.7 Cr.
Current Price₹ 1.19
Stock P/E12.7
Book Value₹ 2.93
ROCE6.69 %
ROE4.64 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)2%
Standalone figures.
Valuation
Market capRs 95 Cr
Enterprise valueRs 116 Cr
P/E (TTM)12.12x
Price to book0.43x
Price to sales0.85x
EV / EBITDA8.04x
EV / EBIT8.20x
EV / sales1.04x
Price to cash flow7.79x
Earnings yield8.25%
P/E, 3-year average20.87x
P/B, 3-year average1.41x
P/E, 5-year average13.35x
P/B, 5-year average0.77x
Profitability
Operating margin (excl. other income)11.96%
Operating margin (incl. other income)13.17%
EBITDA margin12.96%
Pre-tax margin9.70%
Net profit margin6.98%
Net margin, latest quarter6.48%
ROE4.64%
ROCE6.69%
ROA3.61%
ROE, 3-year average5.67%
ROCE, 3-year average8.51%
ROA, 3-year average4.60%
ROE, 5-year average4.58%
ROCE, 5-year average6.95%
ROA, 5-year average3.78%
ROIC (approx.)4.25%
Tax rate27.77%
Other income / net worth0.56%
Growth
Sales growth (latest year)1.90%
Profit growth (latest year)4.69%
Sales CAGR, 3 years133.11%
Sales CAGR, 5 years82.15%
Profit CAGR, 3 years145.08%
Profit CAGR, 5 years141.28%
Sales growth QoQ-67.72%
Profit growth QoQ-61.20%
Sales growth YoY (latest quarter)108.69%
Profit growth YoY (latest quarter)57.69%
Per share
EPS (TTM)Rs 0.09
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 0.28
EPS, 5-year averageRs 0.32
Book value per shareRs 2.64
Sales per shareRs 1.35
Cash flow per shareRs 0.15
Free cash flow per shareRs -0.37
Efficiency
Asset turnover0.36x
Fixed asset turnover58.53x
Inventory turnover44.62x
Inventory days8 days
Debtor days113 days
Debtors turnover3.24x
Creditor days7 days
Cash conversion cycle114 days
Working capital days278 days
Leverage
Total debtRs 53 Cr
Cash and bankRs 31 Cr
Net debtRs 22 Cr
Debt to equity0.24x
Net debt / EBITDA1.51x
Interest coverage4.23x
Owners' fund to total sources77.24%
Debt to assets18.59%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs -122 Cr
Cash from Financing Activity (latest year)Rs 111 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -31 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years0.27x
Sales to cash flow8.39x
Statement figures
Net sales (TTM)Rs 112 Cr
Net sales (latest year)Rs 102 Cr
Sales (latest quarter)Rs 19 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 11 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 7 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 81 Cr
Total expenditure (latest year)Rs 90 Cr
Total income (latest year)Rs 103 Cr
Share capitalRs 75 Cr
ReservesRs 144 Cr
Shareholders' fundsRs 219 Cr
Total assetsRs 284 Cr
Net blockRs 2 Cr
Capital work in progressRs 19 Cr
InvestmentsRs 0 Cr
ReceivablesRs 31 Cr
InventoryRs 2 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)82.91
Ownership
Promoter holding36.45% (-17.76 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.1 is the lowest in its own 3.8-year history
(median 165.8, low 12.1, high 399.2).
P/B 0.43 is the lowest in 8.4 years (median 14.47).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540730 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.9% | -2.8% | +1.9 pts |
| 1 month | -8.1% | -6.8% | -1.3 pts |
| 3 months | -5.8% | -7.6% | +1.8 pts |
| 3 years | +10.7% | +14.2% | -3.5 pts |
| 5 years | -51.9% | +27.9% | -79.8 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 9% of net profit over the last 3 years |
| explain | Share dilution Share count up 19% in a year, 250% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹19 Cr +108.7% vs Jun 2025.
Net profit ₹1 Cr +57.7%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Mehai Technology Ltd?
Mehai Technology Ltd (540730) has a market capitalisation of Rs 98.7 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mehai Technology Ltd?
Mehai Technology Ltd trades at a P/E of 12.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mehai Technology Ltd's latest quarterly results?
In the Jun 2026 quarter, Mehai Technology Ltd sales was Rs 19 Cr (+108.7% vs Jun 2025) and net profit was Rs 1 Cr.