Mehai Technology

Why is Mehai Technology Ltd falling/rising?

As of 10-Jun, Mehai Technology Ltd's stock price is at 1.23, down 4.65%, continuing a downward trend with a total decline of 11.51% over the last four days. The stock has significantly underperformed the market, with a year-to-date drop of 27.22% and an annual decline of 87.80%.

As of 10-Jun, Mehai Technology Ltd's stock price is falling, currently at 1.23, which reflects a decrease of 0.06 or 4.65%. The stock has been on a downward trend, having underperformed its sector by 2.45% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 11.51% during this period. <BR><BR>In terms of broader performance, the stock has shown significant losses over various time frames, including a year-to-date decline of 27.22% compared to the Sensex's 13.19%. Over the past year, the stock has plummeted by 87.80%, while the Sensex has only decreased by 10.21%. Additionally, Mehai Technology is trading below its moving averages across multiple time frames, indicating a persistent bearish trend.<BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 198.92% against the 5-day average, the overall market sentiment remains negative, as reflected by the sector's decline of 2.22%. This combination of factors contributes to the ongoing fall in Mehai Technology Ltd's stock price.

Which are the latest news on Mehai Technology?

Should I buy, sell or hold Mehai Technology Ltd?

Are Mehai Technology Ltd latest results good or bad?

Mehai Technology Ltd's latest results show strong quarterly growth with a net profit increase of 192.52% and a 177.05% rise in net sales. However, concerns arise from a significant contraction in operating and profit margins, along with a decline in sales and profit over the past six months, indicating potential operational challenges.

Mehai Technology Ltd's latest results present a mixed picture. On one hand, the company achieved a consolidated net profit of ₹3.13 crores in Q4 FY26, marking a significant year-on-year increase of 192.52%. Additionally, net sales reached ₹61.81 crores, which is a remarkable sequential growth of 177.05% from the previous quarter. This performance indicates a strong quarterly rebound and suggests some operational momentum.<BR><BR>However, there are concerning aspects as well. The operating margin has contracted sharply to 8.57% from 17.30% in the previous quarter, and the profit after tax (PAT) margin has also decreased from 8.70% to 4.63%. Furthermore, over the past six months, net sales declined by 21.60%, and consolidated net profit fell by 22.66% compared to the previous period. This divergence between strong quarterly results and declining half-yearly performance raises questions about the sustainability of the recent growth.<BR><BR>Overall, while the quarterly results show strong revenue and profit growth, the significant margin compression and negative trends in the preceding months suggest that the company is facing operational challenges. Investors should weigh these factors carefully when evaluating the company's performance and future prospects.

When is the next results date for Mehai Technology Ltd?

The next results date for Mehai Technology Ltd is 28 May 2026.

The next results date for Mehai Technology Ltd is scheduled for 28 May 2026.

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.

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.

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 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.

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.

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.

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