Mehai Technology

What does Mehai Technology do?

Mehai Technology Ltd manufactures LED bulbs and fixtures and operates as a Micro Cap company. As of March 2025, it reported net sales of 52 Cr and a net profit of 1 Cr, with a market cap of Rs 525 Cr.

Overview: <BR>Mehai Technology Ltd is engaged in the manufacture of LED bulbs and fixtures, operating within the Trading & Distributors industry and classified as a Micro Cap company.<BR><BR>History: <BR>Mehai Technology Ltd was incorporated in 2013 as "Mehai Technology Private Limited" and later converted to a Public Limited Company on June 29, 2017. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 52 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 525 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 74.00 <BR>Industry P/E: 68 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.39 <BR>Return on Equity: 7.62% <BR>Price to Book: 5.63<BR><BR>Contact Details: <BR>Address: B-40 Sudarshanpura Indl Area, Jaipur Rajasthan: 302006 <BR>Email: mehai.technology@gmail.com <BR>Website: http://www.mehaitech.com

What is the bonus history of the Mehai Technology?

Mehai Technology issued a 1:1 bonus on September 18, 2018, with a record date of September 19, 2018, allowing shareholders to receive one additional share for each share held.

Mehai Technology has a bonus history that includes a 1:1 bonus issue announced on September 18, 2018. The record date for this bonus was September 19, 2018. This means that shareholders received one additional share for every share they held as of the record date.

Has Mehai Technology declared dividend?

No Dividend History Available

Who are the peers of the Mehai Technology?

Mehai Technology's peers include Arisinfra Solutions, Yamuna Syndicate, Oswal Agro Mills, Veritas (India), S T C, Kothari Products, Vikas Lifecare, Sakuma Exports, and Riddhi Siddhi Gl. Oswal Agro Mills shows excellent growth and capital structure, while Mehai Technology leads with a 398.50% 1-year return, significantly outperforming its peers.

Peers: The peers of Mehai Technology are Arisinfra Solu., Yamuna Syndicate, Oswal Agro Mills, Veritas (India), S T C, Kothari Products, Vikas Lifecare, Sakuma Exports, and Riddhi Siddhi Gl.<BR><BR>Quality Snapshot: Excellent growth is observed at Oswal Agro Mills and Mehai Technology, while Good growth is noted at Arisinfra Solu. and the rest have Below Average growth. Below Average management risk is found at Arisinfra Solu., Yamuna Syndicate, Oswal Agro Mills, Veritas (India), S T C, Kothari Products, Vikas Lifecare, and the rest. Average management risk is observed at Sakuma Exports and Riddhi Siddhi Gl. Below Average capital structure is noted at Arisinfra Solu., Mehai Technology, S T C, Kothari Products, Vikas Lifecare, and the rest, while Good capital structure is found at Sakuma Exports and Excellent capital structure is observed at Oswal Agro Mills and Veritas (India).<BR><BR>Return Snapshot: Oswal Agro Mills has the highest 1-year return at 95.64%, while Veritas (India) has the lowest at -66.05%. Mehai Technology's 1-year return of 398.50% is significantly higher than all peers. Additionally, the six-month return is negative for Veritas (India), S T C, Vikas Lifecare, Sakuma Exports, and Riddhi Siddhi Gl.

Who are in the management team of Mehai Technology?

As of March 2023, the management team of Mehai Technology includes Jugal Kishore Bhagat (Chairman & Managing Director), Akash Tak, Dipanjan Paul, and Prasen Jeet Singh (Independent Directors), Rekha Bhagat and Rekha Devi Bha (Non-Executive Directors), and Abhijeet Prasad (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Mehai Technology includes the following members:<BR><BR>1. Akash Tak - Independent Director<BR>2. Rekha Bhagat - Non Executive Director<BR>3. Rekha Devi Bha - Non Executive Director<BR>4. Jugal Kishore Bhagat - Chairman & Managing Director<BR>5. Dipanjan Paul - Independent Director<BR>6. Prasen Jeet Singh - Independent Director<BR>7. Abhijeet Prasad - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Mehai Technology?

The top shareholder of Mehai Technology is Dynamic Services & Security Limited, holding 54.23%. Individual investors own 42.96%, with the highest public shareholder being Pushpa Bhaju at 3.18%.

The top shareholders of Mehai Technology include the promoters, with Dynamic Services & Security Limited holding the largest share at 54.23%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Pushpa Bhaju, who owns 3.18%. Additionally, individual investors collectively hold 42.96% of the shares.

How big is Mehai Technology?

As of 24th July, Mehai Technology Ltd has a market capitalization of 500.00 Cr and reported net sales of 119.46 Cr and net profit of 7.48 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Mehai Technology Ltd has a market capitalization of 500.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 119.46 Cr, while the sum of Net Profit for the same period is 7.48 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 42.60 Cr and Total Assets totaling 57.48 Cr.

When is the next results date for Mehai Technology?

The next results date for Mehai Technology is 14 August 2025.

The next results date for Mehai Technology is scheduled for 14 August 2025.

Are Mehai Technology latest results good or bad?

Mehai Technology's latest results are strong, with net sales growing by 1,007.69% and profit after tax increasing by 758.33%. However, market sentiment is cautious, with a 'Sell' rating and a slight decline in the company's financial score.

Mehai Technology's latest financial results for the quarter ending June 2025 indicate a very strong performance. The company reported net sales of Rs 70.56 crore, which is an astonishing year-on-year growth of 1,007.69%. This significant increase reflects the company's robust market presence and demand for its products.<BR><BR>Additionally, the profit after tax (PAT) reached Rs 2.06 crore, showing an impressive growth of 758.33% compared to the previous year. The profit before tax (PBT) also saw a substantial rise, increasing by 611.11% to Rs 1.28 crore.<BR><BR>However, despite these positive financial metrics, the market sentiment appears to be cautious, as the stock is currently rated as 'Sell' by MarketsMOJO. Furthermore, the company's financial score has slightly declined from 22 to 21 over the past three months, suggesting a shift in investor perception.<BR><BR>In summary, while the financial results are strong and indicate significant growth, the market's cautious stance may reflect concerns that could affect future performance.

Is Mehai Technology technically bullish or bearish?

As of October 13, 2025, Mehai Technology's trend has shifted to a moderate bearish stance, driven by bearish indicators like the MACD and moving averages, despite a mildly bullish monthly trend.

As of 13 October 2025, the technical trend for Mehai Technology has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include the bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands indicate a mildly bullish trend on the monthly, but this is overshadowed by the overall bearish signals in the weekly timeframe. The Dow Theory shows a mildly bearish stance on the weekly as well. The stock has significantly underperformed compared to the Sensex over the past week and year-to-date, further supporting the bearish outlook.

How has been the historical performance of Mehai Technology?

Mehai Technology has experienced significant growth in net sales and profitability from Mar'22 to Mar'25, with net sales increasing from 6.01 Cr to 119.46 Cr and profit after tax rising from 0.27 Cr to 7.56 Cr. However, cash flow from operating activities has declined, indicating challenges in cash flow management despite overall positive financial performance.

Answer:<BR>The historical performance of Mehai Technology shows significant growth in net sales and profitability over the past four years.<BR><BR>Breakdown:<BR>Mehai Technology's net sales have surged from 6.01 Cr in Mar'22 to 119.46 Cr in Mar'25, indicating a remarkable upward trend. The total operating income followed a similar trajectory, rising from 6.01 Cr to 119.46 Cr in the same period. Total expenditure, excluding depreciation, increased from 5.53 Cr in Mar'22 to 106.22 Cr in Mar'25, reflecting the company's expansion efforts. Operating profit (PBDIT) also saw substantial growth, climbing from 0.51 Cr in Mar'22 to 13.37 Cr in Mar'25, while profit before tax rose from 0.36 Cr to 10.45 Cr. Consequently, profit after tax increased from 0.27 Cr in Mar'22 to 7.56 Cr in Mar'25, showcasing improved profitability margins. The company's total assets grew significantly from 14.41 Cr in Mar'22 to 144.37 Cr in Mar'25, with total liabilities rising from 14.41 Cr to 144.37 Cr as well. Cash flow from operating activities showed a negative trend, moving from 0.00 Cr in Mar'22 to -21.00 Cr in Mar'25, while cash flow from financing activities improved from 0.00 Cr to 55.00 Cr, indicating reliance on financing for growth. Overall, Mehai Technology has demonstrated a strong growth trajectory in sales and profitability, despite challenges in cash flow management.

Should I buy, sell or hold Mehai Technology?

Is Mehai Technology overvalued or undervalued?

As of November 19, 2025, Mehai Technology is considered very attractive and undervalued with a PE Ratio of 21.40, significantly lower than its peers like Siemens Energy and ABB, despite a year-to-date stock performance lagging behind the Sensex.

As of 19 November 2025, the valuation grade for Mehai Technology has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 21.40, an EV to EBIT of 14.62, and a PEG Ratio of 0.07, which suggests strong growth potential relative to its price.<BR><BR>In comparison to its peers, Mehai Technology's valuation stands out favorably. Siemens Energy Industries, for instance, is deemed very expensive with a PE Ratio of 120.22, while ABB also falls into the very expensive category with a PE Ratio of 60.97. This stark contrast highlights Mehai Technology's relative attractiveness in the market. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -83.5% compared to the Sensex's 9.02%, the company's underlying valuation metrics suggest it is well-positioned for recovery and growth.

Which are the latest news on Mehai Technology?

Why is Mehai Technology Ltd falling/rising?

As of 18-Jan, Mehai Technology Ltd's stock price is at 1.56, reflecting a decline of 1.89%. Despite some short-term growth, the stock has significantly underperformed over the past year, with a 91.39% drop, due to poor management efficiency and high debt levels.

As of 18-Jan, Mehai Technology Ltd's stock price is falling, currently at 1.56, which reflects a decrease of 0.03 or 1.89%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 0.88% today and has shown a decrease in investor participation, with delivery volume falling by 0.98% against the 5-day average.<BR><BR>Over the past year, the stock has significantly underperformed the market, with a staggering decline of 91.39% compared to the Sensex's increase of 8.47%. Despite the company reporting healthy long-term growth in net sales and operating profit, the overall performance has been overshadowed by poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 5.54% and a high Debt to EBITDA ratio of 3.59 times. These factors contribute to a low ability to service debt and signify low profitability per unit of capital.<BR><BR>While the stock has shown some positive growth in the short term, the long-term performance and current market conditions suggest that investors are cautious, leading to the stock's decline.