MTAR Technologie

Market Cap: Small Cap
Industry: Engineering
ISIN: INE864I01014
NSEID: MTARTECH
BSEID: 543270

INR

1,322.05

33.9 (2.63%)

BSENSE

Apr 11

BSE+NSE Vol: 38.25 k

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Tube Investments of India Ltd.

Triveni Turbine Ltd.

Pitti Engineering Ltd.

Windsor Machines Ltd.

MTAR Technologie

EMS

AIA Engineering Ltd.

K.P. Energy Ltd.

Marine Electricals (India) Ltd.

IRCON International Ltd.

Rail Vikas Nigam Ltd.

Why is MTAR Technologies Ltd ?

Poor long term growth as Operating profit has grown by an annual rate 8.42% of over the last 5 years

Flat results in Dec 24

PAT(9M) At Rs 39.16 cr has Grown at -23.59 %
ROCE(HY) Lowest at 8.23 %
CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 12.07 cr

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 27-Jan-25 and has generated -13.92% returns since then
The stocks MACD and KST technical factors are also Bearish

With ROCE of 8, it has a Very Expensive valuation with a 4.7 Enterprise value to Capital Employed

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -29.90%, its profits have fallen by -46.5%

Reducing Promoter Confidence

Promoters have decreased their stake in the company by -5% over the previous quarter and currently hold 31.42% of the company
Promoters decreasing their stake may signify reduced confidence in the future of the business

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -29.90% returns in the last 1 year, the stock has also underperformed BSE 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Engineering)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is MTAR Technologie for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

MTAR Technologie

-29.85%

-0.72

41.56%

SENSEX

0.45%

0.04

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

27.73%

EBIT Growth (5y)

8.42%

EBIT to Interest (avg)

8.04

Debt to EBITDA (avg)

1.23

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.57

Tax Ratio

26.79%

Dividend Payout Ratio

Pledged Shares

9.86%

Institutional Holding

30.18%

ROCE (avg)

15.11%

ROE (avg)

11.34%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

5.66

EV to EBIT

54.12

EV to EBITDA

39.40

EV to Capital Employed

4.75

EV to Sales

6.50

PEG Ratio

Dividend Yield

ROCE (Latest)

8.02%

ROE (Latest)

5.51%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

8What is working for the Company

PBT LESS OI(Q)

At Rs 18.28 cr has Grown at 50.0 %

PAT(Q)

At Rs 15.96 cr has Grown at 65.7 %

NET SALES(Q)

At Rs 174.45 cr has Grown at 20.4 %

-8What is not working for the Company

PAT(9M)

At Rs 39.16 cr has Grown at -23.59 %

ROCE(HY)

Lowest at 8.23 %

CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 12.07 cr

INTEREST(Q)

Highest at Rs 6.28 cr

Loading Valuation Snapshot...

Here's what is working for MTAR Technologie

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 18.28 cr has Grown at 50.0 %

over average PBT of the previous four quarters of Rs 12.19 Cr

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 15.96 cr has Grown at 65.7 %

over average PAT of the previous four quarters of Rs 9.63 Cr

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly

At Rs 174.45 cr has Grown at 20.4 %

over average Net Sales of the previous four quarters of Rs 144.95 Cr

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for MTAR Technologie

Interest - Quarterly

Highest at Rs 6.28 cr

in the last five quarters and Increased by 21.24 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Cash and Cash Equivalents - Half Yearly

Lowest at Rs 12.07 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Non Operating Income - Quarterly

Highest at Rs 3.15 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income