Is Mitcon Consultancy & Engineering Services a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mitcon Consultancy & Engineering Services Ltd is a below average quality company .

Is Mitcon Consultancy & Engineering Services undervalued or overvalued?

The key valuation ratios of Mitcon Consultancy & Engineering Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Mitcon Consultancy & Engineering Services share price return in the past 10 years?

Data is not available for this company

Is Mitcon Consultancy & Engineering Services a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mitcon Consultancy & Engineering Services Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Mitcon Consultancy & Engineering Services?

The latest standalone P/E ratio of Mitcon Consultancy & Engineering Services as of 01-Jan-1970 is 30.20.

What is the P/B ratio of Mitcon Consultancy & Engineering Services?

The latest standalone P/B ratio of Mitcon Consultancy & Engineering Services as of 01-Jan-1970 is 1.34.

What is the 52-week high and low of Mitcon Consultancy & Engineering Services?

The 52-week high of Mitcon Consultancy & Engineering Services is Rs. 0.00 and the 52-week low is Rs. 0.00.

Mitcon Consultancy & Engineering Services Ltd - Stock Valuation and Financial Performance

Name: Mitcon Consultancy & Engineering Services
Brand: Mitcon Consultancy & Engineering Services

BSE: 0 | NSE: MITCON | Business Support | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Mitcon Consultancy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	15.3%	9.5%	7.9%	6.2%	4.7%	4.4%	6.2%	-1.4%	5.8%	6.9%	-
Value Creation Index ⓘ	0.1	-0.3	-0.4	-0.6	-0.7	-0.7	-0.6	-1.1	-0.6	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	40.5	43.2	45	44	58.4	58.4	36.2	32.6	77	44.5	55
Sales YoY Gr.	-	6.8%	4%	-2.1%	32.6%	-0.1%	-38%	-10.1%	136.5%	-42.2%	-
Adj EPS ⓘ	5.9	4.5	3.8	3.8	2.6	2.5	3.1	-1.4	1.9	4.2	3.9
YoY Gr.	-	-24%	-14.6%	-1.6%	-30.9%	-3.5%	22.4%	-146.7%	NA	118.9%	-
BVPS (₹) ⓘ	67.2	69.6	72.4	75.8	76.8	78.1	77.4	75.9	77.7	82	86.7
Adj Net Profit ⓘ	7.1	5.4	4.6	4.5	3.1	3	4.1	-1.9	2.6	5.6	7
Cash Flow from Ops. ⓘ	3.6	4.8	-17	25.6	5.9	11.1	2.6	5.3	-6	16	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0.8	2.7	1.5	-1.4	0.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.1%	-5.3%	7.1%	-42.2%
Adj EPS ⓘ	-3.7%	10.1%	11%	118.9%
BVPSⓘ	2.2%	1.3%	1.9%	5.5%
Share Price	-	23.2%	32.2%	15.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	10.2	6.4	5.3	5	3.4	3.2	4.1	-1.9	2.5	5.2	4.6
Op. Profit Mgn % ⓘ	24	19.8	15.6	11.8	5.7	1.8	5.3	-8.9	7.7	14.7	17.4
Net Profit Mgn % ⓘ	17.5	12.5	10.3	10.3	5.4	5.2	11.3	-5.9	3.3	12.6	12.3
Debt to Equity ⓘ	0	0	0	0	0	0.1	0.1	0.1	0.1	0.1	0.1
Working Cap Days ⓘ	218	224	316	335	263	374	641	507	206	349	96
Cash Conv. Cycle ⓘ	31	61	57	45	30	12	-58	54	13	19	43

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.60%

Net Profit is growing at healthy rate in last 3 years 10.96%

Sales growth has been subdued in last 3 years 7.12%

Sales growth is not so good in last 4 quarters at -7.95%

Latest Financials - Mitcon Consultancy & Engineering Services Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3.9	3.6
TTM Sales (₹ Cr.)	55.2	116
BVPS (₹.) ⓘ	86.7	86.3
Reserves (₹ Cr.) ⓘ	136	135
P/BV ⓘ	1.34	1.35
PE ⓘ	30.20	32.69

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	205
Equity (₹ Cr.)	17.7
Face Value (₹)	10
Industry PE ⓘ	47.2

Management X-Ray of Mitcon Consultancy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Mitcon Consultancy

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Mitcon Consultancy

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	40	43	45	44	58	58	36	33	77	44
Operating Expenses ⓘ	31	35	38	39	55	57	34	35	72	38
Manufacturing Costs	1	2	2	2	20	24	1	12	44	8
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	11	13	14	14	12	12	12	13	13	15
Other Costs ⓘ	18	20	22	22	23	21	21	10	15	15
Operating Profit ⓘ	10	9	7	5	3	1	2	-3	5	7
Operating Profit Margin (%)	23.9%	19.7%	15.6%	11.8%	5.7%	1.8%	5.1%	-9.0%	7.0%	14.7%
Other Income ⓘ	2	4	4	3	4	5	7	3	2	3
Interest ⓘ	0	0	0	0	1	1	1	1	2	2
Depreciation ⓘ	2	5	4	2	3	2	2	2	1	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	10	8	7	6	4	4	6	-3	5	6
Tax ⓘ	3	2	2	1	1	1	1	-1	2	1
Profit After Tax	7	5	5	4	3	3	4	-2	2	6
PAT Margin (%)	17.5%	12.4%	10.2%	10.0%	4.8%	5.4%	11.2%	-6.0%	2.8%	13.0%
Adjusted EPS (₹)	5.9	4.4	3.8	3.7	2.3	2.6	3.0	-1.5	1.6	4.3
Dividend Payout Ratio (%)	17%	23%	26%	27%	43%	39%	7%	-14%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	83	86	89	92	93	95	104	102	104	110
Share Capital ⓘ	12	12	12	12	12	12	13	13	13	13
Reserves ⓘ	71	74	77	80	81	82	90	88	91	97
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	9	7	7	8	10
Long Term Debt	0	0	0	0	0	9	7	7	6	10
Short Term Debt	0	0	0	0	0	0	0	0	1	0
Trade Payables	4	4	5	6	8	8	12	9	14	6
Others Liabilities ⓘ	7	5	6	5	6	7	6	13	14	15
Total Liabilities ⓘ	94	96	100	103	107	118	128	131	140	141
Fixed Assets
Gross Block	34	45	45	44	45	45	45	50	51	51
Accumulated Depreciation	10	16	19	21	23	25	27	27	27	21
Net Fixed Assetsⓘ	24	29	26	23	21	20	19	23	24	30
CWIP ⓘ	0	0	0	1	0	0	0	0	0	0
Investmentsⓘ	25	2	9	30	7	23	38	55	54	80
Inventories	0	0	0	0	0	0	6	1	2	0
Trade Receivables	16	16	17	17	16	12	16	12	20	16
Cash Equivalents	20	38	14	19	25	9	11	25	4	4
Others Assetsⓘ	9	11	33	13	38	54	40	16	35	10
Total Assets ⓘ	94	96	100	103	107	118	128	131	140	141

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	4	5	-17	26	6	11	3	5	-6	16
PBT ⓘ	10	8	7	6	4	4	6	-3	5	6
Adjustment ⓘ	0	2	1	0	0	-2	-1	1	2	1
Changes in Working Capital ⓘ	-2	-1	-21	22	2	11	1	3	-10	8
Tax Paid ⓘ	-4	-4	-3	-2	0	-2	-2	4	-2	1
Cash Flow From Investing Activity ⓘ	-25	15	-5	-19	2	-33	3	6	-3	-16
Capex	-6	-11	-1	-1	-1	-1	0	0	-2	-9
Net Investments	-21	23	-7	-21	24	-16	-7	-19	11	-26
Others ⓘ	2	3	3	3	-21	-16	11	25	-12	18
Cash Flow From Financing Activityⓘ	21	-1	-1	-1	-2	7	-5	-1	-1	0
Net Proceeds from Shares ⓘ	21	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	9	-2	1	-1	3
Interest Paid ⓘ	0	0	0	0	-1	-1	-1	-1	-1	-2
Dividend Paid ⓘ	0	-1	-1	-1	-1	-1	-1	0	0	0
Others ⓘ	0	0	0	0	0	0	0	-1	1	-1
Net Cash Flow ⓘ	-1	18	-24	5	6	-15	1	11	-10	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	10.47	6.47	5.37	4.94	3.06	3.35	4.09	-1.9	2.12	5.41
ROCE (%)	15.29	9.47	7.91	6.24	4.72	4.42	6.23	-1.38	5.77	6.91
Asset Turnover Ratio	0.51	0.46	0.46	0.44	0.56	0.52	0.29	0.25	0.57	0.32
PAT to CFO Conversion(x)	0.57	1	-3.4	6.5	2	3.67	0.75	N/A	-3	2.67
Working Capital Days
Receivable Days	138	135	134	145	103	86	141	155	76	150
Inventory Days	3	2	1	0	0	0	60	40	9	11
Payable Days	0	0	0	0	0	0	0	0	0	0

Mitcon Consultancy & Engineering Services Ltd Stock News

Mitcon Consultancy & Engineering Services Ltd FAQs

What is the share price of Mitcon Consultancy?

Company share prices are keep on changing according to the market conditions. The closing price of Mitcon Consultancy on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Mitcon Consultancy?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Mitcon Consultancy stood at ₹205.3.

What is the P/E ratio of Mitcon Consultancy?

The latest P/E ratio of Mitcon Consultancy as of 01-Jan-1970 05:30 is 30.20.

What is the P/B ratio of Mitcon Consultancy?

The latest P/B ratio of Mitcon Consultancy as of 01-Jan-1970 05:30 is 1.34.

What is the 52-week high and low of Mitcon Consultancy?

The 52-week high of Mitcon Consultancy is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Mitcon Consultancy?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mitcon Consultancy is ₹55.17 ( Cr.) .

About Mitcon Consultancy & Engineering Services Ltd

Mitcon Consultancy & Engineering Services Limited, established in 1982 in Pune, is a renowned Indian Technical Consulting Organization (TCO) offering One Stop Solutions for all technical, marketing & financial business requirements.?

The company is an ISO 9001:2015 Certified, SBTi?registered, NSE Listed Company - headquartered at Pune, India.

The company has successfully completed thousands of consulting assignments spread across hundreds of business verticals and have trained many individuals under various Government & Non-Government Skill Development & Entrepreneurship Programs with record 75% placements.

Business area of the company

The company provides to its client’s customized solutions, including Pre-investment Services, Pre-Contract Engineering, Post Contract Project Management, Post Commissioning Witnessing, and IT based training courses besides variety of skill based professional training programs. The company offers Comprehensive Business Services (Marketing, Financial & Technical), which enables you to make informed business decisions and achieve sustainable profitable sales growth.

Milestones

1982: Establlished as Maharashtra Technical Consultancy Organisation Limited MITCON,with the equity participation from leading financial institutions viz. ICICI IDBI,IFCI, Maharashtra State Corporations viz. SICOM, MIDC, MSSIDC, MSFC and 8 nationalised banks viz. State Bank Of India , Bank of India, Bank of Baroda, Union Bank of India, Bank of Maharashtra. It was a deemed Government company.
1992-1995: MITCON also had the privilege of the working with USAID to build post-harvest capacity of Food Processing Industries in India in association with an international consulting organization Cemonics and ICICI.
1995: Company changed the mode with the arrival of new Managing Director, Dr Pradeep Bavadekar who had 15 years exposure in manufacturing and marketing. With his induction, the menu was broadened and new talent was added to the workforce.
1995-1996: MITCON changed its name as MITCON Consultancy Services Ltd. which continued till 2010. During this period, new consultancy area such as co-generation of power in sugar industry, consultancy to distillery, empanelment with banks to provide services in techno-economic viability studies and lender independent engineers. MITCON also invested more than Rs.1.5 crores in procuring instruments to equip its team of energy auditors.
2002: Biotechnology, food processing labs for training the entrepreneurs as well as for incubating budding entrepreneurs were promoted with the support of Dept. of Science & Technology, Govt. of India, Asia Pacific Centre for Technology Transfer and Ministry of Food Processing Industries. Govt. of India .A dedicated lab for environment testing approved by Ministry of Environment and Forest , Govt. Of India also came in existence around 2004.
2002: With the experience gained in Maharashtra Rural Credit Project during 1995-2000, MITCON started extensive training programs in IT under the brand name of MITON e-school. Subsequently, this arm was associated with Maharashtra Knowledge Corporation Ltd., (MKCL) to provide training in MS- CIT pan Maharashtra.
2005-2010: MITCON remained at the forefront in facilitating grant-in-aids from Govt. of India to the state of Maharashtra, for developing various industrial infrastructure projects such as Growth centres, Food parks, modernization of abattoirs or development of common facility centres in industrial clusters.
2010-2014: MITCON remained at the forefront in facilitating grant-in-aids from Govt. of India to the state of Maharashtra, for developing various industrial infrastructure projects such as Growth centres, Food parks, modernization of abattoirs or development of common facility centres in industrial clusters.
2014: The proceeds were deployed for upgradation of office and IT infrastructure in Bangalore, Chennai, Ahmedabad, Nagpur, Mumbai and Delhi. The offices became fully functional by 2014.
2018: Having seen the developments in the market, MITCON has promoted its own IPE in 2018 (Insolvency Professional Entity approved by IBBI).
2021: Mr. Anand Chalwade was Appointed as the New CEO of Mitcon Consultancy and Engineering Limited.