Price
Financials
Standalone, Rs crore| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 135 | 147 | 159 | 148 | 173 | 159 | 187 |
| Expenses | 122 | 133 | 137 | 133 | 152 | 143 | 170 |
| Operating Profit | 13 | 14 | 22 | 15 | 21 | 16 | 18 |
| OPM % | 10% | 9% | 14% | 10% | 12% | 10% | 9% |
| Other Income | 0 | 0 | 1 | 2 | 1 | 5 | 1 |
| Interest | 4 | 2 | 4 | 2 | 4 | 2 | 2 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 8 | 10 | 18 | 13 | 16 | 16 | 14 |
| Tax % | 24% | 25% | 25% | 26% | 27% | 25% | 20% |
| Net Profit | 6 | 8 | 13 | 9 | 12 | 12 | 12 |
| EPS in Rs | 5.48 | 6.97 | 4.94 | 6.37 | 6.39 | 6.18 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 132 | 109 | 188 | 266 | 306 | 321 | 346 |
| Expenses | 116 | 96 | 179 | 238 | 270 | 285 | 313 |
| Operating Profit | 16 | 13 | 9 | 28 | 36 | 36 | 33 |
| OPM % | 12% | 12% | 4.6% | 10% | 12% | 11% | 10% |
| Other Income | 1 | 0 | 0 | 1 | 1 | 3 | 6 |
| Interest | 6 | 7 | 5 | 6 | 6 | 6 | 4 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 4 | 5 |
| Profit before tax | 8 | 4 | 2 | 20 | 28 | 29 | 31 |
| Tax % | 31% | 27% | 28% | 29% | 25% | 26% | 23% |
| Net Profit | 6 | 3 | 1 | 14 | 21 | 21 | 24 |
| EPS in Rs | 11.00 | 11.31 | 12.57 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 26% | 9% | 8% | ||
| Compounded Profit Growth | % | 51% | 20% | 14% | ||
| Stock Price CAGR | % | % | % | -13% | ||
| Return on Equity | % | 18% | 18% | 16% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 19 | 19 | 19 |
| Reserves | 23 | 26 | 27 | 41 | 102 | 123 | 146 |
| Borrowings | 42 | 43 | 40 | 43 | 36 | 33 | 49 |
| Other Liabilities | 50 | 68 | 96 | 99 | 114 | 112 | 130 |
| Total Liabilities | 124 | 146 | 173 | 192 | 270 | 287 | 344 |
| Fixed Assets | 44 | 43 | 40 | 58 | 64 | 77 | 86 |
| CWIP | 0 | 0 | 2 | 1 | 0 | 1 | 3 |
| Investments | 0 | 0 | 0 | 0 | 7 | 6 | 2 |
| Other Assets | 80 | 103 | 131 | 133 | 199 | 203 | 253 |
| Total Assets | 124 | 146 | 173 | 192 | 270 | 287 | 344 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | 14 | 17 | 26 | 23 | 16 | 5 |
| Cash from Investing Activity | -3 | -5 | -3 | -20 | -37 | -20 | 12 |
| Cash from Financing Activity | -0 | -6 | -7 | -3 | 36 | -10 | 13 |
| Net Cash Flow | 1 | 4 | 7 | 3 | 22 | -14 | 30 |
| Free Cash Flow | 1 | 13 | 16 | 7 | 10 | -3 | -11 |
| CFO/OP | 36% | 120% | 205% | 109% | 81% | 62% | 37% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 82 | 49 | 32 | 38 | 40 | 40 |
| Inventory Days | 180 | 256 | 166 | 129 | 133 | 152 | 184 |
| Days Payable | 108 | 139 | 91 | 77 | 69 | 67 | 71 |
| Cash Conversion Cycle | 97 | 200 | 124 | 84 | 102 | 125 | 152 |
| Working Capital Days | 17 | 6 | -24 | -28 | -15 | 4 | 8 |
| ROCE % | 15% | 9% | 30% | 27% | 21% | 18% |
| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Promoters | 72.71% | 72.79% | 72.79% | 71.83% | 71.85% |
| FIIs | 1.80% | 0.28% | 0.27% | 0.27% | 0.27% |
| DIIs | 1.13% | 0.00% | 0.00% | 0.00% | 0.04% |
| Public | 24.37% | 26.93% | 26.94% | 27.90% | 27.84% |
| No. of Shareholders | 1,781 | 3,772 | 3,360 | 3,260 | 3,139 |
Fundamentals
Market Cap₹ 467 Cr.
Current Price₹ 248
Stock P/E19.3
Book Value₹ 87.8
ROCE18.1 %
ROE15.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)14%
Standalone figures.
Valuation
Market capRs 459 Cr
Enterprise valueRs 481 Cr
P/E (TTM)32.78x
Price to book9.07x
Price to sales1.73x
EV / EBITDA17.11x
EV / EBIT18.73x
EV / sales1.81x
Price to cash flow17.80x
Earnings yield3.05%
Profitability
Operating margin (excl. other income)10.36%
Operating margin (incl. other income)10.57%
EBITDA margin10.57%
Pre-tax margin7.46%
Net profit margin5.27%
ROE32.10%
ROCE30.12%
ROA7.68%
ROE, 3-year average14.77%
ROCE, 3-year average17.77%
ROA, 3-year average3.55%
ROIC (approx.)25.03%
Tax rate29.40%
Other income / net worth1.09%
Growth
Sales growth (latest year)41.55%
Profit growth (latest year)1172.73%
Sales CAGR, 3 years26.41%
Profit CAGR, 3 years36.29%
Per share
EPS (TTM)Rs 7.43
EPS (latest year)Rs 15.16
EPS, 3-year averageRs 6.58
Book value per shareRs 26.87
Sales per shareRs 141.12
Cash flow per shareRs 13.68
Free cash flow per shareRs -5.84
Efficiency
Asset turnover1.38x
Fixed asset turnover4.58x
Inventory turnover2.95x
Inventory days124 days
Debtor days32 days
Debtors turnover11.45x
Creditor days71 days
Cash conversion cycle152 days
Working capital days8 days
Leverage
Total debtRs 43 Cr
Cash and bankRs 21 Cr
Net debtRs 22 Cr
Debt to equity0.85x
Net debt / EBITDA0.78x
Interest coverage4.40x
Owners' fund to total sources26.37%
Debt to assets22.30%
Cash flow
Cash from Operating Activity (latest year)Rs 26 Cr
Cash from Investing Activity (latest year)Rs -20 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -11 Cr
FCFE (approx.: FCF + change in debt)Rs -9 Cr
Cash from ops / profit, 5 years1.07x
Sales to cash flow10.31x
Statement figures
Net sales (TTM)Rs 266 Cr
Net sales (latest year)Rs 266 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 28 Cr
PBDT (TTM)Rs 22 Cr
Profit before tax (TTM)Rs 20 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 14 Cr
Net profit (latest year)Rs 14 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 209 Cr
Total expenditure (latest year)Rs 238 Cr
Total income (latest year)Rs 266 Cr
Share capitalRs 9 Cr
ReservesRs 41 Cr
Shareholders' fundsRs 51 Cr
Total assetsRs 192 Cr
Net blockRs 58 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 23 Cr
InventoryRs 71 Cr
Other liabilitiesRs 99 Cr
Shares outstanding (crore)1.88
Ownership
Promoter holding71.85% (-0.86 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 32.8 is at the 11th percentile of its own 2.2-year range
(median 197.0, low 28.2, high 399.9).
P/B 9.07 is at the 12th percentile (median 14.96).
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 | MEGATHERM | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.2% | -2.8% | -0.4 pts |
| 1 month | +12.6% | -6.8% | +19.4 pts |
| 3 months | +8.8% | -7.6% | +16.4 pts |
| 6 months | +41.9% | +0.4% | +41.5 pts |
| 1 year | -13.5% | -9.9% | -3.6 pts |
| 2 years | -31.2% | -13.6% | -17.6 pts |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
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
Mar 2026Sales ₹187 Cr +17.6% vs Mar 2024.
Net profit ₹12 Cr -7.7%.
Against our estimate for Mar 2026: sales -0.0%, profit -11.4% miss.
Activity
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| Diffusion Engineers Ltd | 1,678 | 30.4 | 15.8 % |
| Sahasra Electronic Solutions Ltd | 1,082 | 76.2 | 6.04 % |
| MIC Electronics Ltd | 1,068 | 8.67 % | |
| Tankup Engineers Ltd | 910 | 190 | 19.0 % |
| Vilas Transcore Ltd | 895 | 23.2 | 15.9 % |
| Oriental Rail Infrastructure Ltd | 826 | 17.5 | 12.0 % |
| Technocrats Plasma Systems Ltd | 708 | 47.4 | 67.0 % |
| Hy-Tech Engineers Ltd | 660 | 28.8 | 23.9 % |
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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Megatherm Induction Ltd?
Megatherm Induction Ltd (MEGATHERM) has a market capitalisation of Rs 467 Cr. at the 2026-10-01 close.
What is the P/E ratio of Megatherm Induction Ltd?
Megatherm Induction Ltd trades at a P/E of 19.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Megatherm Induction Ltd's latest quarterly results?
In the Mar 2026 quarter, Megatherm Induction Ltd sales was Rs 187 Cr (+17.6% vs Mar 2024) and net profit was Rs 12 Cr.
What is the 52-week high and low of Megatherm Induction Ltd?
The 52-week high is Rs 290.00 and the 52-week low is Rs 170.00.