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IMEC Services

BSE:513295
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
513295
BSE
₹90M
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

IMEC Services Limited provides management and consultancy services in India. The last earnings update was 230 days ago. More info.


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513295 Share Price and Events
7 Day Returns
0%
BSE:513295
2.3%
IN Professional Services
1.7%
IN Market
1 Year Returns
57.4%
BSE:513295
4.9%
IN Professional Services
0.1%
IN Market
513295 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IMEC Services (513295) 0% -4.7% - 57.4% -60.3% -45.5%
IN Professional Services 2.3% 1.6% 1.7% 4.9% 229.6% 9.4%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 513295 outperformed the Professional Services industry which returned 4.9% over the past year.
  • 513295 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
513295
Industry
5yr Volatility vs Market

513295 Value

 Is IMEC Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of IMEC Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for IMEC Services.

BSE:513295 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 24.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:513295
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.866 (1 + (1- 35%) (2084.28%))
8.771
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (2 * 8.6%)
24.75%

Discounted Cash Flow Calculation for BSE:513295 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for IMEC Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:513295 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 24.75%)
2019 1,034.25 Est @ 63.46% 829.06
2020 1,517.15 Est @ 46.69% 974.87
2021 2,047.37 Est @ 34.95% 1,054.57
2022 2,594.60 Est @ 26.73% 1,071.29
2023 3,138.82 Est @ 20.98% 1,038.88
2024 3,670.78 Est @ 16.95% 973.90
2025 4,189.40 Est @ 14.13% 890.98
2026 4,698.61 Est @ 12.15% 801.02
2027 5,204.81 Est @ 10.77% 711.28
2028 5,715.21 Est @ 9.81% 626.08
Present value of next 10 years cash flows ₹8,971.93
BSE:513295 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹5,715.21 × (1 + 7.55%) ÷ (24.75% – 7.55%)
₹35,736.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹35,736.71 ÷ (1 + 24.75%)10
₹3,914.79
BSE:513295 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹8,971.93 + ₹3,914.79
₹12,886.72
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹12,886.72 / 50.00
₹257.76
BSE:513295 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹257.76
Current discount Discount to share price of ₹1.81
= -1 x (₹1.81 - ₹257.76) / ₹257.76
99.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price IMEC Services is available for.
Intrinsic value
>50%
Share price is ₹1.81 vs Future cash flow value of ₹257.76
Current Discount Checks
For IMEC Services to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • IMEC Services's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • IMEC Services's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for IMEC Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IMEC Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:513295 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-12.54
BSE:513295 Share Price ** BSE (2019-04-09) in INR ₹1.81
India Professional Services Industry PE Ratio Median Figure of 16 Publicly-Listed Professional Services Companies 14.31x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of IMEC Services.

BSE:513295 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:513295 Share Price ÷ EPS (both in INR)

= 1.81 ÷ -12.54

-0.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IMEC Services is loss making, we can't compare its value to the IN Professional Services industry average.
  • IMEC Services is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does IMEC Services's expected growth come at a high price?
Raw Data
BSE:513295 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Professional Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Professional Services Companies 1.72x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for IMEC Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IMEC Services's assets?
Raw Data
BSE:513295 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹-38.15
BSE:513295 Share Price * BSE (2019-04-09) in INR ₹1.81
India Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 1.13x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:513295 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:513295 Share Price ÷ Book Value per Share (both in INR)

= 1.81 ÷ -38.15

-0.05x

* Primary Listing of IMEC Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IMEC Services has negative assets, we can't compare the value of its assets to the IN Professional Services industry average.
X
Value checks
We assess IMEC Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. IMEC Services has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

513295 Future Performance

 How is IMEC Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IMEC Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.6%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IMEC Services expected to grow at an attractive rate?
  • Unable to compare IMEC Services's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare IMEC Services's earnings growth to the India market average as no estimate data is available.
  • Unable to compare IMEC Services's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:513295 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 20.6%
Asia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:513295 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:513295 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 850 637 -627
2017-03-31 1,544 -624 -742
2016-03-31 4,750 -226 -950

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if IMEC Services is high growth as no earnings estimate data is available.
  • Unable to determine if IMEC Services is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:513295 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from IMEC Services Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513295 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -12.54
2017-03-31 -14.85
2016-03-31 -19.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if IMEC Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 513295’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. IMEC Services's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. IMEC Services's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess IMEC Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
IMEC Services has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

513295 Past Performance

  How has IMEC Services performed over the past 5 years?

  • IMEC Services's last earnings update was 230 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare IMEC Services's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • IMEC Services does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare IMEC Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare IMEC Services's 1-year growth to the IN Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
IMEC Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from IMEC Services Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513295 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 850.02 -626.96 83.34
2017-03-31 1,543.50 -742.24 105.96
2016-03-31 4,750.02 -950.17 127.57
2015-03-31 8,849.09 24.54 128.81
2014-03-31 10,107.90 21.32 254.92
2013-03-31 11,791.37 35.96 273.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if IMEC Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if IMEC Services has efficiently used its assets last year compared to the IN Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if IMEC Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess IMEC Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
IMEC Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

513295 Health

 How is IMEC Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up IMEC Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IMEC Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • IMEC Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IMEC Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • IMEC Services has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from IMEC Services Company Filings, last reported 1 year ago.

BSE:513295 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 -1,907.43 1,886.11 15.59
2017-03-31 -1,282.17 2,111.03 17.06
2016-03-31 -279.17 1,197.62 51.34
2015-03-31 671.00 694.67 62.26
2014-03-31 719.72 808.81 235.04
2013-03-31 698.40 792.71 205.31
  • IMEC Services has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if IMEC Services's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making IMEC Services has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making IMEC Services has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -18.9% per year.
X
Financial health checks
We assess IMEC Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. IMEC Services has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

513295 Dividends

 What is IMEC Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from IMEC Services dividends.
If you bought ₹2,000 of IMEC Services shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate IMEC Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IMEC Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:513295 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as IMEC Services has not reported any payouts.
  • Unable to verify if IMEC Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IMEC Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IMEC Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess IMEC Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can IMEC Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IMEC Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

513295 Management

 What is the CEO of IMEC Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Arvind Mishra
COMPENSATION ₹0
AGE 58
TENURE AS CEO 4.4 years
CEO Bio

Mr. Arvind Mishra has been Chief Executive Officer of Ruchi Strips & Alloys Ltd. since November 08, 2014. Mr. Mishra served as Non Executive Director of Ruchi Strips & Alloys Ltd. from March 24,2012 to November 08, 2014. Mr. Mishra served as Executive Director of Ruchi Strips & Alloys Ltd since March 24, 2012.

CEO Compensation
  • Insufficient data for Arvind to compare compensation growth.
  • Arvind's remuneration is lower than average for companies of similar size in India.
Management Team

Arvind Mishra

TITLE
Chief Executive Officer
AGE
58
TENURE
4.4 yrs

Ravi Deshmukh

TITLE
Chief Financial Officer
COMPENSATION
₹251K

Parag Gupta

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹300K
TENURE
1.7 yrs

N. Agarwal

TITLE
Chief Finance Officer of Subsidiary Company
Board of Directors Tenure

Average tenure of the IMEC Services board of directors in years:

0.4
Average Tenure
  • The average tenure for the IMEC Services board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ashutosh Mishra

TITLE
Independent Director
AGE
59
TENURE
0.9 yrs

Shivani Gupta

TITLE
Additional and Woman Independent Director
TENURE
0.4 yrs

Saket Barodia

TITLE
Additional & Non-Executive Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess IMEC Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. IMEC Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

513295 News

Simply Wall St News

513295 Company Info

Description

IMEC Services Limited provides management and consultancy services in India. The company offers its services in the field of engineering, information technology, and technical, including other management and consultancy services. It also engages in trading various goods comprising metal and metal alloys. The company was formerly known as Ruchi Strips and Alloys Limited and changed its name to IMEC Services Limited in October 2018. IMEC Services Limited was incorporated in 1987 and is headquartered in Indore, India.

Details
Name: IMEC Services Limited
513295
Exchange: BSE
Founded: 1987
₹90,492,218
49,995,701
Website: http://www.imecservices.in
Address: IMEC Services Limited
301, The Horizon Building,
3rd Floor,
Indore,
Madhya Pradesh, 452001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 513295 Equity Shares Mumbai Stock Exchange IN INR 25. Oct 2004
Number of employees
Current staff
Staff numbers
0
IMEC Services employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:31
End of day share price update: 2019/04/09 00:00
Last earnings filing: 2018/08/31
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.