Mega Corporation Ltd - Stock Valuation and Financial Performance

BSE: 531417 | NSE: | Travel Services | Small Cap

Mega Corporation Share Price

3.70 0.17 4.82%
as on 04-Dec'24 16:59

DeciZen - make an informed investing decision on Mega Corporation

M-Cap below 100cr DeciZen not available

Mega Corporation stock performance -

mw4me loader
P/E Ratio (SA):
231.25
Market Cap:
37 Cr.
52-wk low:
2
52-wk high:
5.7

Is Mega Corporation Ltd an attractive stock to invest in?

1. Is Mega Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mega Corporation Ltd is a below average quality company.

2. Is Mega Corporation Ltd undervalued or overvalued?

The key valuation ratios of Mega Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Mega Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mega Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mega Corporation:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mega Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0.1%0.6%2.8%-4.8%4%3.7%5.1%5%4.9%6.4%-
Value Creation
Index
-1.0-1.0-0.8-1.3-0.7-0.7-0.6-0.6-0.7-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.311.42.22.22.72.83.13.23.85
Sales YoY Gr.--24.4%42.4%58.2%-1.4%22.7%3%12.6%1.3%20.8%-
Adj EPS 000-0.100-00000
YoY Gr.-0%300%-375%NA300%-175%NA0%50%-
BVPS (₹) 2.62.62.72.42.52.42.42.42.42.52.5
Adj Net
Profit
0.10.10.4-1.10.10.4-0.30.20.20.30
Cash Flow from Ops. -0.4-1.2-1.1-1.10.5-10.9-5.40.95.4-14.1-
Debt/CF from Ops. -0.10-4.4-7.715.4-1.2-3.4212.4-2.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.7%11.7%11.3%20.8%
Adj EPS 13%24.6%NA50%
BVPS-0.8%0%1.3%2.1%
Share Price 27% 70.1% 33.9% 68.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.30.51.6-4.30.51.5-1.20.711.10.8
Op. Profit
Mgn %
33.951.653.260.463.274.583.578.872.175.278.8
Net Profit
Mgn %
6.31430-49.25.313.5-10.45.17.26.84.1
Debt to
Equity
000.20.40.30.50.80.80.51.20
Working Cap
Days
3,7005,2884,9033,9214,0043,8124,7604,4994,1763,8723,935
Cash Conv.
Cycle
-93-8116-492-4421116151521,133

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.27%

Sales growth is good in last 4 quarters at 58.65%

Return on Equity has declined versus last 3 years average to 0.80%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.19

Latest Financials - Mega Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0
TTM Sales (₹ Cr.) 4.9 2.2
BVPS (₹.) 2.5 0
Reserves (₹ Cr.) 15 14
P/BV 1.51 0.00
PE 231.25 598.59
From the Market
52 Week Low / High (₹) 2.00 / 5.69
All Time Low / High (₹) 0.09 / 64.40
Market Cap (₹ Cr.) 37
Equity (₹ Cr.) 10
Face Value (₹) 1
Industry PE 68.3

Management X-Ray of Mega Corporation:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Mega Corporation

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1.310.991.412.232.202.702.783.133.173.83
Operating Expenses 0.910.480.663.430.810.690.460.660.890.95
Manufacturing Costs0.26000.030.040.030.020.020.020.02
Material Costs0000000000
Employee Cost 0.170.060.060.210.270.190.170.140.270.29
Other Costs 0.470.420.603.190.500.470.270.500.600.63
Operating Profit 0.400.510.75-1.201.392.022.322.472.282.88
Operating Profit Margin (%) 30.7%51.6%53.2%-53.7%63.2%74.5%83.5%78.8%72.1%75.1%
Other Income 0.010.020.020.020.280.050.07000.42
Interest 0.010.070.1311.271.301.612.051.612.36
Depreciation 0.390.380.370.370.370.350.360.360.370.40
Exceptional Items 000.4200-0.410000
Profit Before Tax 0.010.080.69-2.550.030.010.420.060.300.54
Tax -0.04-0.06-0.030.33-0.09-0.080.71-0.100.070.28
Profit After Tax 0.050.140.71-2.880.120.09-0.290.160.230.26
PAT Margin (%) 4.0%14.4%50.7%-129.0%5.3%3.2%-10.4%5.1%7.2%6.8%
Adjusted EPS (₹)0.00.00.1-0.30.00.00.00.00.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 26.2626.4027.1224.2324.4924.2223.5723.7624.0124.46
Share Capital 10101010101010101010
Reserves 16.2616.4017.1214.2314.4914.2213.5713.7614.0114.46
Minority Interest0000000000
Debt0.0304.808.658.2012.9918.5917.9612.8329.12
Long Term Debt0000000000
Short Term Debt0.0304.808.658.2012.9918.5917.9612.8329.12
Trade Payables0.30002.230000.010.010.02
Others Liabilities -0.670.792.492.832.672.642.572.6832.83
Total Liabilities 25.9327.2034.4037.9435.3639.8444.7244.4039.8556.43

Fixed Assets

Gross Block12.7012.6912.6912.7912.7012.6712.6812.6812.7013.04
Accumulated Depreciation6.997.347.718.088.438.769.119.479.7510.15
Net Fixed Assets5.715.354.984.714.273.913.563.212.942.89
CWIP 0000000000
Investments 6.536.536.737.747.901.742.261.791.913.93
Inventories0000000000
Trade Receivables00.070.0600.070.100.140.170.170
Cash Equivalents 0.340.070.130.090.390.510.170.890.992.42
Others Assets13.3515.1822.5025.4122.7333.5838.5938.3433.8547.18
Total Assets 25.9327.2034.4037.9435.3639.8444.7244.4039.8556.43

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -0.42-1.17-1.09-1.120.53-10.85-5.410.865.41-14.14
PBT 0.010.080.69-2.550.030.010.420.060.300.54
Adjustment -0.24-0.47-0.86-0.810.090.04-0.070.560.61-0.03
Changes in Working Capital -0.18-0.69-0.663.230.22-10.92-5.110.234.51-14.65
Tax Paid 0-0.02-0.1200.19-0.06-0.65000
Cash Flow From Investing Activity 0.710.901.151.070.086.18-0.520.50-0.19-0.71
Capex 0-0.020-0.090.080.01-0.010-0.10-0.02
Net Investments 0.020-0.20-1.0106.16-0.520.50-0.09-0.69
Others 0.680.911.352.1700.010000
Cash Flow From Financing Activity -0.0500.010.01-0.444.795.60-0.63-5.1216.29
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.03000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.0200.010.01-0.444.795.60-0.63-5.1216.29
Net Cash Flow 0.23-0.270.07-0.050.170.11-0.340.720.101.44
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.20.542.67-11.220.470.35-1.210.680.951.07
ROCE (%)0.080.582.8-4.783.973.735.125.044.876.41
Asset Turnover Ratio0.050.040.050.060.060.070.070.070.080.08
PAT to CFO Conversion(x)-8.4-8.36-1.54N/A4.42-120.56N/A5.3823.52-54.38
Working Capital Days
Receivable Days02616012111618200
Inventory Days0000000000
Payable Days0000000000

Mega Corporation Ltd Stock News

Mega Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mega Corporation on 04-Dec-2024 16:59 is ₹3.70.
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 04-Dec-2024 16:59 the market cap of Mega Corporation stood at ₹37.00.
The latest P/E ratio of Mega Corporation as of 04-Dec-2024 16:59 is 231.2.
The latest P/B ratio of Mega Corporation as of 04-Dec-2024 16:59 is 1.51.
The 52-week high of Mega Corporation is ₹5.69 and the 52-week low is ₹2.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mega Corporation is ₹4.93 ( Cr.) .

About Mega Corporation Ltd

Mega Corporation Limited is engaged in the business of operating 24 hours air conditioned Radio Taxi services under the brand name Mega Cabs. The service is based on the systems operational in Dubai, Singapore, London and other European countries. We take great pride in providing our customers with an efficient and a reliable cab service comparable to the best anywhere in the world.

Mega Corporation Ltd is one of the Group Companies of 500 Crore GROUP MEGA. The group possesses the resource to enhance investment in the business as and when required whether in augmenting the fleet or manpower or in any other area of relevance providing great support to our operations. Mega Cabs is the largest operator licensed by the Delhi Government, Chandigarh Administration to run a Radio Taxi services on international standard in Delhi and NCR and Chandigarh, Panchkula and Mohali.  Mega Cabs has also obtained license for running 500 Taxies in Mumbai and will soon be launching its services in Goa and Hyderabad as well.

MegaCabs.com - The one stop shop for all  travel needs, Mega Cabs, has revolutionized the surface transport system in certain cities by pioneering a computerized communication & dispatch system with GPS (Global Positioning System) based online tracking systems for licensed radio taxis & car rentals. An advantage is followed up by providing other benefits like safety, comfort, reliability, convenience and courteous staff.

Services offered by the company:

Mega Cabs, the brand name of  Mega Corporation, offers reliable metered cab services in the city of Delhi, Chandigarh  & Mumbai, through a fleet of modern, air-conditioned luxury cars equipped with state-of-the-art GPS-based communication technology, backed by a 24x7 Customer Care Centre.

Clientele:

  • Airtel
  • American Express
  • Convergys
  • Reckitt Benkiser
  • Sitel
  • Ranbaxy
  • CSC
  • GE Capital Bank

Future plan:

  • The Company expects to start their services in Hyderabad & Goa shortly.
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