Mehai Technology Reports Strong Q3 FY24-25 Growth Amid Financial Challenges
Mehai Technology, a microcap in the electric equipment sector, recently adjusted its evaluation following significant growth in Q3 FY24-25, with net sales and operating profit showing impressive increases. However, challenges remain in management efficiency and debt servicing, presenting a mixed financial outlook despite strong operational performance.
Mehai Technology, a microcap player in the electric equipment industry, has recently undergone an adjustment in evaluation, reflecting the company's financial landscape. The latest quarter, Q3 FY24-25, showcased remarkable growth, with net sales increasing at an annual rate of 247.80% and operating profit rising by 246.99%. The company reported its highest net sales at Rs 55.07 crore and a peak PBDIT of Rs 8.68 crore, indicating strong operational performance.Despite these positive indicators, Mehai Technology faces challenges in management efficiency, evidenced by a low Return on Capital Employed (ROCE) of 4.89% and a Return on Equity (ROE) of 2.94%. Additionally, the company has a high Debt to EBITDA ratio of 2.48 times, suggesting difficulties in servicing its debt obligations. The stock is currently trading at a premium compared to its historical valuations, with an Enterprise Value to Capital Employed ratio of 15.1.
Overall, while Mehai Technology has demonstrated market-beating performance over the past year, the underlying financial metrics present a mixed picture that warrants careful consideration.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
