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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Melstar Information Technologies Ltd

About the Company - Melstar Information Technologies Ltd

Melstar Information Technology Ltd. is a Public Limited Listed company incorporated on 12/08/1986 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1986PLC040604 and registration number is 040604. Currently company belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs. 11.13 Cr. and Equity Capital is Rs. 14.28 Cr. for the Year ended 31/03/2020.
INDUSTRYADDRESSCONTACT
IT Consulting & Software5th Floor, 159, Industry House, Mumbai Maharashtra 400020info@melstar.com
http://www.melstar.com
Management
NamePosition Held
Mr. Anant Satish PathakManaging Director
Ms. Kriti TripathiAdditional Director
Mr. Vineet Kumar TripathiAdditional Director
Mr. Sirish Kumar SahooAdditional Director
Mr. Pramod Shuvaji BhosaleAdditional Director
Mr. Shireen Mohd Haneef KhanAdditional Director

Basic Stock Data of Melstar Information Technologies Ltd

Last Updated: June 19, 2024, 4:34 pm

Market Cap 7.00 Cr.
Current Price 4.90
High / Low6.30/1.85
Stock P/E
Book Value 2.77
Dividend Yield0.00 %
ROCE177 %
ROE%
Face Value 10.0
PEG Ratio0.00

Competitors of Melstar Information Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ace Software Exports Ltd 157 Cr. 245255/17.431.6 47.00.00 %21.0 %19.8 % 10.0
Birlasoft Ltd 18,717 Cr. 678862/33330.0 1100.52 %30.1 %22.7 % 2.00
Vakrangee Ltd 2,560 Cr. 24.232.2/14.6648 1.530.20 %7.32 %2.76 % 1.00
Take Solutions Ltd 330 Cr. 22.335.8/16.2 0.600.00 %21.6 %55.0 % 1.00
Ajel Ltd 18.5 Cr. 15.820.7/7.51 12.90.00 %0.55 %0.91 % 10.0
Industry Average37,474.65 Cr722.1664.34126.220.73%18.56%20.04%6.76

Melstar Information Technologies Ltd Quarterly Results

MonthDec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
Sales0.810.790.870.870.800.892.213.023.292.600.670.620.53
Expenses1.641.511.721.771.756.462.704.294.054.530.820.930.74
Operating Profit-0.83-0.72-0.85-0.90-0.95-5.57-0.49-1.27-0.76-1.93-0.15-0.31-0.21
OPM %-102.47%-91.14%-97.70%-103.45%-118.75%-625.84%-22.17%-42.05%-23.10%-74.23%-22.39%-50.00%-39.62%
Other Income3.180.350.730.310.507.500.020.010.040.010.000.000.00
Interest0.490.600.490.460.13-0.220.150.170.11-0.160.000.000.00
Depreciation0.15-0.170.000.000.000.000.070.47-0.540.000.000.000.00
Profit before tax1.71-0.80-0.61-1.05-0.582.15-0.69-1.90-0.29-1.76-0.15-0.31-0.21
Tax %1.17%-21.25%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit1.70-0.97-0.61-1.06-0.582.15-0.70-1.90-0.29-1.77-0.15-0.32-0.21
EPS in Rs1.19-0.68-0.43-0.74-0.411.51-0.49-1.33-0.20-1.24-0.11-0.22-0.15

Last Updated: May 7, 2024, 1:07 am

Melstar Information Technologies Ltd Quarterly Chart

Melstar Information Technologies Ltd Profit & Loss

MonthMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020TTM
Sales18.2419.4924.8552.8720.3618.2322.3130.9020.983.303.4311.134.42
Expenses19.0722.2123.5051.3521.9219.8921.1028.6622.637.2411.7013.937.02
Operating Profit-0.83-2.721.351.52-1.56-1.661.212.24-1.65-3.94-8.27-2.80-2.60
OPM %-4.55%-13.96%5.43%2.87%-7.66%-9.11%5.42%7.25%-7.86%-119.39%-241.11%-25.16%-58.82%
Other Income0.930.841.491.631.681.07-0.780.230.123.649.04-1.570.01
Interest0.290.500.520.460.810.921.371.621.701.950.860.28-0.16
Depreciation0.960.930.860.860.840.820.710.650.630.280.010.010.00
Profit before tax-1.15-3.311.461.83-1.53-2.33-1.650.20-3.86-2.53-0.10-4.66-2.43
Tax %1.74%9.97%0.00%20.22%5.23%-3.00%0.00%0.00%-0.52%-7.51%0.00%0.00%
Net Profit-1.13-2.981.461.46-1.45-2.41-1.650.20-3.89-2.72-0.10-4.65-2.45
EPS in Rs-0.79-2.091.021.02-1.02-1.69-1.160.14-2.72-1.90-0.07-3.26-1.72
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Melstar Information Technologies Ltd Profit & Loss Yearly Chart

Melstar Information Technologies Ltd Growth

Compounded Sales Growth
10 Years:-5%
5 Years:-13%
3 Years:-19%
TTM:-53%
Compounded Profit Growth
10 Years:0%
5 Years:%
3 Years:7%
TTM:-231%
Stock Price CAGR
10 Years:1%
5 Years:26%
3 Years:20%
1 Year:92%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: June 11, 2024, 10:23 am

Melstar Information Technologies Ltd Balance Sheet

MonthMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Sep 2020
Equity Capital14.2814.2814.2814.2814.2814.2814.2814.2814.2814.2814.2814.2814.28
Reserves-0.52-3.51-2.06-0.62-2.07-4.56-6.50-6.33-10.25-13.02-13.13-17.78-18.24
Borrowings1.683.442.511.845.277.958.799.4810.1311.652.472.972.97
Other Liabilities3.904.734.9817.5813.413.255.5410.308.3110.5210.1612.5812.28
Total Liabilities19.3418.9419.7133.0830.8920.9222.1127.7322.4723.4313.7812.0511.29
Fixed Assets13.3412.3511.6710.859.999.148.177.626.966.280.010.010.01
CWIP0.000.000.000.000.000.000.912.332.352.350.000.000.00
Investments0.120.000.000.000.000.000.350.950.462.261.910.142.34
Other Assets5.886.598.0422.2320.9011.7812.6816.8312.7012.5411.8611.908.94
Total Assets19.3418.9419.7133.0830.8920.9222.1127.7322.4723.4313.7812.0511.29

Melstar Information Technologies Ltd Reserves and Borrowings Chart

Melstar Information Technologies Ltd Cash Flow

MonthMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Cash from Operating Activity 0.31-1.350.981.15-0.25-2.301.012.911.32-0.42-7.561.55
Cash from Investing Activity 0.480.07-0.180.05-2.640.37-0.48-2.120.460.408.61-0.01
Cash from Financing Activity -0.601.25-1.14-1.252.891.79-0.49-0.88-1.670.06-1.21-0.28
Net Cash Flow0.19-0.03-0.34-0.050.00-0.140.04-0.090.110.05-0.161.27

Melstar Information Technologies Ltd Financial Efficiency Indicators

MonthMar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Debtor Days48.0369.6766.68128.06219.2562.8772.9752.9235.32121.6735.1278.05
Inventory Days-0.00
Days Payable
Cash Conversion Cycle48.0369.6766.68128.06219.2562.8772.9752.9235.32121.6735.1278.05
Working Capital Days26.0123.7817.3314.9184.80121.5366.5924.5773.42206.83183.03-71.49
ROCE %-4.78%-18.55%13.68%15.22%-4.37%-7.85%8.82%10.53%-13.68%-25.12%-72.35%-176.70%

Melstar Information Technologies Ltd Financial Efficiency Indicators Chart

Melstar Information Technologies Ltd Share Holding Pattern

MonthMar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
Promoters47.06%47.06%47.06%47.06%47.06%47.06%47.06%47.06%47.06%47.06%47.06%47.06%
DIIs0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.70%0.00%
Public52.24%52.24%52.24%52.24%52.24%52.24%52.24%52.24%52.24%52.24%52.24%52.94%
No. of Shareholders9,5889,5979,5669,5629,5509,5399,5539,5379,92310,27210,12710,122

Melstar Information Technologies Ltd Shareholding Pattern Chart

No. of Melstar Information Technologies Ltd Shareholders

This stock is not held by any mutual fund

Melstar Information Technologies Ltd ROCE Trend

Melstar Information Technologies Ltd EPS Trend

Melstar Information Technologies Ltd Key Financial Ratios

MonthMar 16Mar 15Mar 14Mar 13Mar 12
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-0.26-1.16-1.70-0.921.04
Diluted EPS (Rs.)-0.26-1.16-1.70-0.921.04
Cash EPS (Rs.)0.22-0.66-1.13-0.321.65
Book Value[Excl.RevalReserv]/Share (Rs.)5.165.456.818.579.49
Book Value[Incl.RevalReserv]/Share (Rs.)5.165.456.818.579.49
Revenue From Operations / Share (Rs.)22.0715.6513.0214.7437.48
PBDIT / Share (Rs.)1.351.54-0.430.182.23
PBIT / Share (Rs.)0.861.05-1.00-0.401.62
PBT / Share (Rs.)-0.23-1.16-1.65-0.971.30
Net Profit / Share (Rs.)-0.26-1.16-1.70-0.911.04
NP After MI And SOA / Share (Rs.)-0.26-1.16-1.70-0.911.04
PBDIT Margin (%)6.139.86-3.321.225.93
PBIT Margin (%)3.936.68-7.72-2.764.33
PBT Margin (%)-1.08-7.43-12.67-6.593.47
Net Profit Margin (%)-1.19-7.43-13.06-6.222.78
NP After MI And SOA Margin (%)-1.19-7.43-13.06-6.222.78
Return on Networth / Equity (%)-5.12-21.35-24.97-10.7010.99
Return on Capital Employeed (%)15.4518.07-14.27-4.6116.66
Return On Assets (%)-1.29-7.50-11.59-4.204.47
Long Term Debt / Equity (X)0.010.000.000.000.00
Total Debt / Equity (X)1.501.130.810.430.12
Asset Turnover Ratio (%)1.241.040.690.632.00
Current Ratio (X)0.610.660.830.981.03
Quick Ratio (X)0.590.660.830.981.03
Interest Coverage Ratio (X)1.221.61-0.670.326.89
Interest Coverage Ratio (Post Tax) (X)0.761.09-1.64-0.624.23
Enterprise Value (Cr.)19.1214.6710.729.4010.30
EV / Net Operating Revenue (X)0.600.650.570.440.19
EV / EBITDA (X)9.896.65-17.3536.363.24
MarketCap / Net Operating Revenue (X)0.250.260.150.200.16
Price / BV (X)1.100.770.290.350.65
Price / Net Operating Revenue (X)0.250.260.150.200.16
EarningsYield-0.04-0.27-0.85-0.290.16

Melstar Information Technologies Ltd Profitability Ratios (%)

Melstar Information Technologies Ltd Liquidity Ratios

Melstar Information Technologies Ltd Liquidity Ratios (%)

Melstar Information Technologies Ltd Interest Coverage Ratios (%)

Melstar Information Technologies Ltd Valuation Ratios

Fair Value

Fair Value: 6.36

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 29.74% compared to the current price 4.9

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: 7.30

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 49.03% compared to the current price ₹4.9

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 14.87%

*Investments are subject to market risks

Strength and Weakness of Melstar Information Technologies Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of -22.93%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 64.28, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 82.55, which may not be favorable.
    4. The company has higher borrowings (5.47) compared to reserves (-7.58), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (19.27) and profit (-1.54).

    FAQ

    What is the latest fair value of Melstar Information Technologies Ltd?

    The latest fair value of Melstar Information Technologies Ltd is ₹6.36.

    What is the Market Cap of Melstar Information Technologies Ltd?

    The Market Cap of Melstar Information Technologies Ltd is 7.00 Cr..

    What is the current Stock Price of Melstar Information Technologies Ltd as on 19 June 2024?

    The current stock price of Melstar Information Technologies Ltd as on 19 June 2024 is ₹4.90.

    What is the High / Low of Melstar Information Technologies Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Melstar Information Technologies Ltd stocks is 6.30/1.85.

    What is the Stock P/E of Melstar Information Technologies Ltd?

    The Stock P/E of Melstar Information Technologies Ltd is .

    What is the Book Value of Melstar Information Technologies Ltd?

    The Book Value of Melstar Information Technologies Ltd is 2.77.

    What is the Dividend Yield of Melstar Information Technologies Ltd?

    The Dividend Yield of Melstar Information Technologies Ltd is 0.00 %.

    What is the ROCE of Melstar Information Technologies Ltd?

    The ROCE of Melstar Information Technologies Ltd is 177 %.

    What is the ROE of Melstar Information Technologies Ltd?

    The ROE of Melstar Information Technologies Ltd is %.

    What is the Face Value of Melstar Information Technologies Ltd?

    The Face Value of Melstar Information Technologies Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Melstar Information Technologies Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE