BSE: 544287 | NSE: | IT - Hardware |
Past 10 year's financial track record analysis by Moneyworks4me indicates that Mangal Compusolution Ltd is a average quality company.
The key valuation ratios of Mangal Compusolution Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mangal Compusolution Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 11.2% | 11.5% | 26% | 19.2% | - |
| Value Creation Index ⓘ | -0.2 | -0.2 | 0.9 | 0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 12.3 | 17.2 | 17.5 | 20.9 | 21 |
| Sales YoY Gr. | - | 40.3% | 1.6% | 19.5% | - |
| Adj EPS ⓘ | 0.3 | 0.7 | -3.9 | 3.5 | 2.8 |
| YoY Gr. | - | 155.6% | -659.4% | NA | - |
| BVPS (₹) ⓘ | 8.2 | 9.1 | 16.1 | 20 | 26.6 |
| Adj Net Profit ⓘ | 0.3 | 0.7 | -3.9 | 3.5 | 4 |
| Cash Flow from Ops. ⓘ | 4.5 | 18.2 | 4 | 7.3 | - |
| Debt/CF from Ops. ⓘ | 8.5 | 1.9 | 6.6 | 2.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 19.4% | 19.5% | ||||
| Adj EPS ⓘ | NA | NA | 134.9% | NA | ||||
| BVPSⓘ | NA | NA | 34.4% | 23.9% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 3.3 | 8 | -30.6 | 19.4 | 12.2 |
| Op. Profit Mgn % ⓘ | 77 | 53.5 | -11 | 44.3 | NAN |
| Net Profit Mgn % ⓘ | 2.2 | 4 | -22.1 | 16.8 | 18.5 |
| Debt to Equity ⓘ | 4.6 | 3.8 | 1.6 | 1 | - |
| Working Cap Days ⓘ | 0 | 792 | 793 | 632 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 190 | 139 | 97 | 0 |
Return on Equity has increased versus last 3 years average to 12.20%
Sales growth is growing at healthy rate in last 3 years 19.41%
Net Profit is growing at healthy rate in last 3 years 134.91%
Debt to equity has declined versus last 3 years average to 1.02
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.8 | - |
| TTM Sales (₹ Cr.) | 20.9 | - |
| BVPS (₹.) ⓘ | 26.6 | - |
| Reserves (₹ Cr.) ⓘ | 23 | - |
| P/BV ⓘ | 1.61 | - |
| PE ⓘ | 15.15 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 38.59 / 45.00 |
| All Time Low / High (₹) | 38.59 / 45.00 |
| Market Cap (₹ Cr.) | 58.4 |
| Equity (₹ Cr.) | 13.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 112.6 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 12.27 | 17.21 | 17.48 | 20.89 |
| Operating Expenses ⓘ | 2.82 | 8 | 19.40 | 11.63 |
| Manufacturing Costs | 0.27 | 1.11 | 1.99 | 7.55 |
| Material Costs | 0.11 | 1.06 | 2.32 | 0.52 |
| Employee Cost | 1.35 | 1.36 | 1.56 | 1.38 |
| Other Costs ⓘ | 1.09 | 4.47 | 13.53 | 2.18 |
| Operating Profit ⓘ | 9.45 | 9.21 | -1.92 | 9.26 |
| Operating Profit Margin (%) | 77.0% | 53.5% | -11.0% | 44.3% |
| Other Income ⓘ | 0.92 | 1.28 | 17.35 | 2.56 |
| Interest ⓘ | 4.46 | 3.94 | 3.40 | 2.76 |
| Depreciation ⓘ | 5.22 | 5.34 | 4.25 | 3.85 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.70 | 1.21 | 7.79 | 5.21 |
| Tax ⓘ | 0.36 | 0.35 | 0.74 | 1.35 |
| Profit After Tax | 0.34 | 0.87 | 7.04 | 3.86 |
| PAT Margin (%) | 2.8% | 5.0% | 40.3% | 18.5% |
| Adjusted EPS (₹) | 0.3 | 0.9 | 7.0 | 3.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 8.23 | 9.10 | 16.14 | 20 | ||||||
| Share Capital ⓘ | 2 | 2 | 2 | 10 | ||||||
| Reserves ⓘ | 6.23 | 7.10 | 14.14 | 10 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 31.56 | 26.28 | 19.92 | 14.04 | ||||||
| Long Term Debt | 30.18 | 26.28 | 19.92 | 14.04 | ||||||
| Short Term Debt | 1.38 | 0 | 0 | 0 | ||||||
| Trade Payables | 0.93 | 0.28 | 0.77 | 1.32 | ||||||
| Others Liabilities ⓘ | 8.08 | 17.01 | 10.32 | 10.16 | ||||||
| Total Liabilities ⓘ | 48.81 | 52.67 | 47.16 | 45.52 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 47.65 | 46.24 | 47.09 | 48.49 | ||||||
| Accumulated Depreciation | 34.93 | 34.19 | 37.19 | 38.89 | ||||||
| Net Fixed Assetsⓘ | 12.71 | 12.05 | 9.90 | 9.61 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0.03 | 1.48 | 0.01 | 0.05 | ||||||
| Inventories | 0.04 | 0.04 | 0.03 | 0.03 | ||||||
| Trade Receivables | 11.59 | 8.24 | 6.77 | 7.40 | ||||||
| Cash Equivalents | 0.22 | 0.31 | 0.15 | 0.60 | ||||||
| Others Assetsⓘ | 24.21 | 30.56 | 30.29 | 27.83 | ||||||
| Total Assets ⓘ | 48.81 | 52.67 | 47.16 | 45.52 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 4.45 | 18.23 | 4.02 | 7.25 |
| PBT ⓘ | 0.70 | 1.21 | 7.79 | 5.21 |
| Adjustment ⓘ | 8.59 | 7.95 | 0.66 | 3.69 |
| Changes in Working Capital ⓘ | -3.94 | 9.46 | -3.76 | -0.33 |
| Tax Paid ⓘ | -0.90 | -0.39 | -0.66 | -1.32 |
| Cash Flow From Investing Activity ⓘ | -2.02 | -10.85 | 6.82 | 1.72 |
| Capex | -1.68 | -4.51 | -2.04 | -3.05 |
| Net Investments | 0.17 | 0.02 | 16.99 | -0.04 |
| Others ⓘ | -0.51 | -6.37 | -8.13 | 4.82 |
| Cash Flow From Financing Activityⓘ | -2.28 | -7.29 | -11 | -8.52 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | -3.90 | -6.36 | -5.88 |
| Interest Paid ⓘ | -4.26 | -3.89 | -3.19 | -2.22 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 1.99 | 0.50 | -1.46 | -0.42 |
| Net Cash Flow ⓘ | 0.15 | 0.09 | -0.16 | 0.45 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 4.16 | 9.99 | 55.79 | 21.35 | ||||||
| ROCE (%) | 11.22 | 11.52 | 25.98 | 19.17 | ||||||
| Asset Turnover Ratio | 0.25 | 0.34 | 0.35 | 0.45 | ||||||
| PAT to CFO Conversion(x) | 13.09 | 20.95 | 0.57 | 1.88 | Working Capital Days | |||||
| Receivable Days | 345 | 210 | 157 | 124 | ||||||
| Inventory Days | 1 | 1 | 1 | 1 | ||||||
| Payable Days | 3,219 | 209 | 83 | 734 | ||||||
Mangal Compusolution Limited was originally incorporated as ‘Pathik Computer Systems Private Limited’, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, Mumbai on April 11, 2011. Further, the name of the company was changed to ‘Mangal Compusolution Private Limited’ pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders held on June 02, 2012 and a fresh certificate of incorporation consequent upon change of name dated June 07, 2012 was issued by the Registrar of Companies, Mumbai. Subsequently, the company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of its shareholders held on September 26, 2023, and consequently, the name of the company was changed to ‘Mangal Compusolution Limited’, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated October 26, 2023, was issued by the RoC to the company.
Mangal Compusolution is engaged in delivering comprehensive IT hardware solutions designed to meet the ever-evolving technology needs of businesses across various industries. With a major focus on the rental of IT hardware, it strives to provide top-tier equipment and services that empower organizations to thrive in the digital age. It is actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment. Its services encompass the rental of a diverse range of IT equipment, including servers, laptops, desktops, projectors, router-switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories. Additionally, it specializes in creating customized IT configurations tailored to its clients’ specific specifications and needs, available for both rental and purchase.
The company’s rental services offer businesses the flexibility to scale their IT infrastructure as needed. It caters to both small as well as large enterprises, its IT hardware products, including laptops, desktops, servers, and other IT equipment, can be tailored to meet specific requirements of the clients. This scalability allows the clients to adapt to changing workloads, seasonal demands, or project-specific needs without the burden of long-term hardware ownership. Its IT rental services provide its customers with valuable flexibility and advantages, enabling them to conserve capital expenditure (CAPEX), realize tax benefits through the adjustment of rental expenses from gross profit, and significantly, avoid technological obsolescence. Furthermore, it also offers new and pre-owned IT equipment to clients based on their requirements. It understands that the process of setting up and deploying IT hardware can be time-consuming and complex. To simplify this process, it provides on-site setup and deployment services. Its experienced technicians will ensure that the rented equipment is installed, configured, and integrated seamlessly into existing infrastructure, saving client’s valuable time and resources.
Business area of the company
The company is actively involved in the business of renting and selling IT hardware equipment, offering comprehensive end-to-end IT equipment services across India. Its services encompass the rental of a diverse range of IT equipment, including servers, laptops, desktops, printers, projectors, router-switches, workstations, Plasma/LCD TVs, PA Systems, and various accessories.
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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