BSE:513295

Stock Analysis Report

Executive Summary

IMEC Services Limited provides management and consultancy services in India.

Rewards

Earnings have grown 5.6% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (₹81M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have meaningful revenue (₹232M)



Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has IMEC Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 513295 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.9%

513295

1.6%

IN Professional Services

-0.6%

IN Market


1 Year Return

-19.0%

513295

10.2%

IN Professional Services

11.1%

IN Market

Return vs Industry: 513295 underperformed the Indian Professional Services industry which returned 10.2% over the past year.

Return vs Market: 513295 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

513295IndustryMarket
7 Day4.9%1.6%-0.6%
30 Day4.9%0.9%-0.5%
90 Dayn/a10.9%3.0%
1 Year-19.0%-19.0%11.7%10.2%13.1%11.1%
3 Year-47.5%-47.5%57.7%55.4%24.5%18.0%
5 Year-66.3%-66.3%-52.3%-52.6%37.8%25.7%

Price Volatility Vs. Market

How volatile is IMEC Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is IMEC Services undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether IMEC Services is trading at an attractive price based on the cash flow it is expected to produce in the future. But as IMEC Services has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • 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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through IMEC Services regulatory filings.
  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

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

16.4%

Forecasted Commercial Services industry annual growth in earnings


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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has IMEC Services performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 513295 is currently unprofitable.

Growing Profit Margin: 513295 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 513295 is unprofitable, but has reduced losses over the past 5 years at a rate of 5.6% per year.

Accelerating Growth: Unable to compare 513295's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 513295 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (6.1%).


Return on Equity

High ROE: 513295's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is IMEC Services's financial position?


Financial Position Analysis

Short Term Liabilities: 513295 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 513295 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 513295 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 513295's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 513295 has a high level of physical assets or inventory.

Debt Coverage by Assets: 513295 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Stable Cash Runway: Insufficient data to determine if 513295 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 513295 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 513295's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 513295's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 513295's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 513295's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 513295's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average board tenure


CEO

IMEC Services has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Saket Barodia
Non-Executive Director1yrsno datano data
Ashutosh Mishra
Independent Director1.8yrs₹60.00kno data
Shivani Gupta
Woman Independent Director1.3yrs₹17.00kno data

1.3yrs

Average Tenure

51yo

Average Age

Experienced Board: 513295's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IMEC Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IMEC Services Limited
  • Ticker: 513295
  • Exchange: BSE
  • Founded: 1987
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: ₹80.993m
  • Shares outstanding: 50.00m
  • Website: https://www.imecservices.in

Location

  • IMEC Services Limited
  • 301, The Horizon Building
  • 3rd Floor
  • Indore
  • Madhya Pradesh
  • 452001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
513295BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2004

Biography

IMEC Services Limited provides management and consultancy services in India. The company offers its services in the fields of engineering, information technology, and technical. It is also involved in the manufacturing of cold rolled close annealed and other steel products; and trading of hot rolled coils, and cold rolled close annealed and other steel products, as well as agro commodities. 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:33
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.