Mahaveer Infoway

₹8.9 -0.5 | 4.9%

WEBSITE BSE:539383 NSE : MINFY 18 May, 12:50

Market Cap ₹5 Cr.

Stock P/E 132.7

P/B 1

Current Price ₹8.9

Book Value ₹ 8.7

Face Value 10

52W High ₹12.5

Dividend Yield 0%

52W Low ₹ 6.1

Edit Ratio

Mahaveer Infoway Research see more...

Overview Inc. Year: 1991Industry: IT - Software

Mahaveer Infoway Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Mahaveer Infoway Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	1	1	1	1	1	1	1	2	2	2
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	1	1	1	1	1	1	1	2	2	2
Total Expenditure	1	1	1	1	1	1	1	1	1	1
Operating Profit	0	0	0	0	0	0	0	0	0	0
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	0	0	0	0	0	0	0	0
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	0	0	0	0	0	0	0	0	0
Adjustments	0	0	0	0	0	0	-1	0	-0	-0
Profit After Adjustments	0	0	0	0	0	0	-0	0	0	0
Adjusted Earnings Per Share	0.1	0.1	0.3	0	0.2	0.2	-0.8	0.2	0.3	0.4

Mahaveer Infoway Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	80	110	78	31	15	15	2	2	1	3	4	7
Other Income	5	7	7	5	4	0	0	0	0	0	0	0
Total Income	85	117	85	36	18	15	2	2	1	3	4	7
Total Expenditure	84	116	84	35	18	14	2	2	1	3	4	4
Operating Profit	1	1	1	1	0	0	-0	-0	-0	0	1	0
Interest	1	1	1	1	1	1	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	-1	0
Profit Before Tax	0	0	0	0	-0	-0	-1	-1	-0	0	-0	0
Provision for Tax	0	0	0	0	0	0	0	-0	0	0	0	0
Profit After Tax	0	0	0	0	-0	-0	-1	-0	-0	0	-0	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	-1
Profit After Adjustments	0	0	0	0	-0	-0	-1	-0	-0	0	-0	0
Adjusted Earnings Per Share	0.6	0.4	0.5	0.4	-0.7	-0.7	-1.2	-0.9	-0.9	0.4	-0.6	0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	33%	26%	-23%	-26%
Operating Profit CAGR	0%	0%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	5%	46%	24%	9%
ROE Average	-7%	-4%	-7%	-3%
ROCE Average	-1%	0%	-1%	3%

Mahaveer Infoway Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	7	7	7	7	7	7	5	5	5	5	4
Minority's Interest	0	0	0	0	0	1	0	0	0	0	0
Borrowings	1	1	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	-0	0	0	-0	-0	-0	-0	-0
Total Current Liabilities	12	20	11	8	10	11	4	4	3	4	4
Total Liabilities	20	28	19	15	17	18	10	9	8	8	9
Fixed Assets	1	1	0	0	0	2	1	1	1	1	1
Other Non-Current Assets	2	2	3	3	3	2	2	2	1	1	1
Total Current Assets	17	25	15	12	14	14	7	6	6	6	7
Total Assets	20	28	19	15	17	18	10	9	8	8	9

Mahaveer Infoway Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	1	1	1	1	1	0	0	0	0	0
Cash Flow from Operating Activities	1	-1	2	1	0	-1	-0	0	-0	1	1
Cash Flow from Investing Activities	-0	0	-1	0	0	-1	1	0	1	-0	0
Cash Flow from Financing Activities	0	0	-1	-0	-1	1	-1	-0	-0	-1	-1
Net Cash Inflow / Outflow	1	-1	0	0	-1	-0	-0	0	-0	0	0
Closing Cash & Cash Equivalent	1	1	1	1	1	0	0	0	0	0	1

Mahaveer Infoway Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.55	0.43	0.46	0.42	-0.68	-0.7	-1.24	-0.88	-0.85	0.38	-0.57
CEPS(Rs)	0.74	0.58	0.62	0.56	-0.55	-0.43	-1.09	-0.72	-0.72	0.51	-0.45
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	12.11	12.54	12.89	13.3	12.58	11.92	9.97	9.09	8.24	8.62	7.88
Core EBITDA Margin(%)	-4.75	-5.23	-6.99	-11.95	-23.13	1.52	-38.24	-6.9	-13.87	15.34	13.05
EBIT Margin(%)	1.27	0.95	1.43	2.92	2.58	1.88	-18.33	-10.83	-18.71	13.04	-1.9
Pre Tax Margin(%)	0.43	0.33	0.51	0.93	-2.31	-2.08	-39.87	-25.19	-37.25	7.63	-5.7
PAT Margin (%)	0.38	0.22	0.32	0.75	-2.56	-2.61	-40.37	-22	-37.84	6.88	-7.65
Cash Profit Margin (%)	0.51	0.29	0.43	1	-2.1	-1.6	-35.32	-18.05	-32.09	9.18	-6.09
ROA(%)	1.54	0.99	1.08	1.37	-2.3	-2.21	-4.96	-5.13	-5.54	2.57	-3.7
ROE(%)	4.55	3.48	3.58	3.23	-5.22	-5.69	-11.35	-9.23	-9.81	4.5	-6.91
ROCE(%)	8.14	8.04	8.34	6.66	2.72	2.05	-2.8	-2.73	-2.88	5.58	-1.25
Receivable days	34.77	38.07	55.16	72.41	102.25	147.98	1080.45	344.6	507.99	184.54	112.31
Inventory Days	16.49	16.19	21.16	34.17	86.12	75.55	434.22	314.42	548.89	218.22	121.9
Payable days	24.76	28.87	39.05	32.26	49.27	113.76	233.53	66.81	76.56	30.93	12.62
PER(x)	8.99	9.37	7.47	8.84	0	0	0	0	0	18.18	0
Price/Book(x)	0.41	0.32	0.26	0.28	0.19	0.33	0.29	0	0.34	0.8	0.7
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.13	0.11	0.14	0.23	0.52	0.58	2.89	4.12	3.56	1.88	0.95
EV/Core EBITDA(x)	9.03	10.29	8.91	7.42	16.97	20.08	-21.78	-59.89	-27.5	12.27	6.17
Net Sales Growth(%)	0	37.09	-28.8	-60.31	-53.17	1.24	-88.47	29.87	-43.79	145.47	35.12
EBIT Growth(%)	0	3.06	6.99	-19.36	-58.63	-26.29	-212.73	23.28	2.86	271.01	-119.67
PAT Growth(%)	0	-22.1	6.1	-7.05	-259.77	-3.11	-78.28	29.24	3.31	144.65	-250.19
EPS Growth(%)	0	-22.1	6.11	-7.05	-259.77	-3.11	-78.28	29.24	3.31	144.64	-250.21
Debt/Equity(x)	0.87	0.97	0.87	0.89	0.97	1.03	0.61	0.72	0.64	0.42	0.31
Current Ratio(x)	1.39	1.27	1.35	1.53	1.35	1.29	1.56	1.5	1.67	1.68	1.57
Quick Ratio(x)	1.09	0.96	1.09	1.16	0.96	1.09	1.12	1.03	1.11	1.19	1.35
Interest Cover(x)	1.51	1.53	1.56	1.47	0.53	0.47	-0.85	-0.75	-1.01	2.41	-0.5
Total Debt/Mcap(x)	0	0	0	3.16	5.03	3.14	2.12	0	1.9	0.52	0.44

Mahaveer Infoway Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	47.07	47.07	47.07	47.07	47.07	47.07	47.07	47.07	47.07	47.07
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	52.93	52.93	52.93	52.93	52.93	52.93	52.93	52.93	52.93	52.93
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.26	0.26	0.26	0.26	0.26	0.26	0.26	0.26	0.26	0.26
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29	0.29
Others	0	0	0	0	0	0	0	0	0	0
Total	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.55

Pros

Debtor days have improved from 30.93 to 12.62days.
Company is almost debt free.

Cons

Promoter holding is low: 47.07%.
Company has a low return on equity of -4% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.