Financials Mewar Hi-Tech Engineering Limited

Equities

MHEL6

INE957U01011

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 03:31:02 26/05/2022 pm IST 5-day change 1st Jan Change
50 INR +2.04% Intraday chart for Mewar Hi-Tech Engineering Limited -.--% -.--%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 144.6 142.5 87.83 119.3 113.2 195.2
Enterprise Value (EV) 1 329.9 342 316.5 349.9 345.1 447.5
P/E ratio 11.7 x 215 x 25.6 x 35.1 x -2.35 x 24.2 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.24 x 0.17 x 0.26 x 0.36 x 0.38 x
EV / Revenue 0.53 x 0.57 x 0.6 x 0.75 x 1.09 x 0.86 x
EV / EBITDA 6.08 x 9.26 x 7.37 x 8.66 x -21.5 x 8.84 x
EV / FCF -39.9 x -32 x - - 7.18 x -7.68 x
FCF Yield -2.51% -3.13% - - 13.9% -13%
Price to Book 1.34 x 1.31 x 0.78 x 1.03 x 1.66 x 2.56 x
Nbr of stocks (in thousands) 3,904 3,904 3,904 3,904 3,904 3,904
Reference price 2 37.05 36.50 22.50 30.55 29.00 50.00
Announcement Date 13/10/18 14/08/19 15/01/21 07/09/21 07/10/22 13/10/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 620.3 602.5 527.3 463.5 317.9 520.2
EBITDA 1 54.25 36.94 42.94 40.42 -16.05 50.59
EBIT 1 42.74 24.22 30.22 30.01 -31.84 33.81
Operating Margin 6.89% 4.02% 5.73% 6.48% -10.01% 6.5%
Earnings before Tax (EBT) 1 22.4 4.562 6.312 5.347 -46.51 9.585
Net income 1 12.4 0.6716 3.416 3.39 -48.14 8.085
Net margin 2% 0.11% 0.65% 0.73% -15.14% 1.55%
EPS 2 3.180 0.1700 0.8800 0.8700 -12.33 2.070
Free Cash Flow 1 -8.269 -10.69 - - 48.07 -58.29
FCF margin -1.33% -1.77% - - 15.12% -11.2%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 13/10/18 14/08/19 15/01/21 07/09/21 07/10/22 13/10/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 185 199 229 231 232 252
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.415 x 5.4 x 5.325 x 5.707 x -14.45 x 4.987 x
Free Cash Flow 1 -8.27 -10.7 - - 48.1 -58.3
ROE (net income / shareholders' equity) 12.2% 0.62% 3.08% 2.96% -52.2% 11.2%
ROA (Net income/ Total Assets) 5.19% 3.05% 3.83% 3.56% -3.72% 4.14%
Assets 1 239.1 22.05 89.24 95.29 1,295 195.1
Book Value Per Share 2 27.70 27.80 28.90 29.80 17.50 19.50
Cash Flow per Share 2 1.180 0.6700 0.5600 0.4900 1.190 0.6600
Capex 1 16.3 11.1 - - 33.7 10.7
Capex / Sales 2.63% 1.85% - - 10.6% 2.05%
Announcement Date 13/10/18 14/08/19 15/01/21 07/09/21 07/10/22 13/10/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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