BSE:531648

Stock Analysis Report

Mahavir Industries

Executive Summary

Mahavir Industries Limited provides information technology services in India.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

How has Mahavir Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531648 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531648

-7.9%

IN IT

-3.6%

IN Market


1 Year Return

-34.6%

531648

-23.3%

IN IT

-32.1%

IN Market

Return vs Industry: 531648 underperformed the Indian IT industry which returned -23.3% over the past year.

Return vs Market: 531648 underperformed the Indian Market which returned -32.1% over the past year.


Shareholder returns

531648IndustryMarket
7 Day0%-7.9%-3.6%
30 Day0%-23.0%-25.1%
90 Day-10.5%-25.5%-30.2%
1 Year-34.6%-34.6%-20.9%-23.3%-30.7%-32.1%
3 Year-91.2%-91.2%26.9%19.1%-19.8%-24.1%
5 Year-89.8%-89.8%16.9%5.6%-10.4%-15.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Mahavir Industries undervalued compared to its fair value and its price relative to the market?

3.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531648's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531648's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531648 is good value based on its PE Ratio (3.5x) compared to the IT industry average (7.3x).

PE vs Market: 531648 is good value based on its PE Ratio (3.5x) compared to the Indian market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531648's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531648 is overvalued based on its PB Ratio (158.2x) compared to the IN IT industry average (0.6x).


Next Steps

Future Growth

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

8.1%

Forecasted Software 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 Mahavir Industries 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 Mahavir Industries performed over the past 5 years?

-35.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531648 has a large one-off loss of ₹12.2M impacting its December 31 2019 financial results.

Growing Profit Margin: 531648 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 531648 has become profitable over the past 5 years, growing earnings by -35.7% per year.

Accelerating Growth: 531648 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 531648 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (7.2%).


Return on Equity

High ROE: Whilst 531648's Return on Equity (2425.24%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Mahavir Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 531648's short term assets (₹10.1M) exceed its short term liabilities (₹10.1M).

Long Term Liabilities: 531648 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 531648's debt to equity ratio (15508%) is considered high.

Reducing Debt: Insufficient data to determine if 531648's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 531648 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 531648's debt is covered by short term assets (assets are 1x debt).


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: 531648 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 531648 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Mahavir Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 531648's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531648'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 531648's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531648'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 531648'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?

2.4yrs

Average board tenure


CEO

Nirmala Bansal

4.58s

Tenure

Mrs. Nirmala D. Bansal has been Chairman and Managing Director at Mahavir Industries Limited since September 30, 2015. Mrs. Bansal has been an Executive Director of Mahavir Industries Limited since Septemb ...


Board Members

NamePositionTenureCompensationOwnership
Nirmala Bansal
Chairman & MD4.58yrsno datano data
Deepak Bansal
Non-Independent & Executive Director8.08yrsno data1.54% 157.4k
Raajvir Mudaliar
Non-Executive Independent Director3.17yrsno datano data
Jitesh Jain
Non-Executive Non- Independent Director1.58yrsno datano data
Sachin Mane
Non-Executive Non- Independent Director1.17yrsno data4.3% 439.1k
Sumit Kumar
Independent Director1.25yrsno datano data

2.4yrs

Average Tenure

Experienced Board: 531648's board of directors are not considered experienced ( 2.4 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

Mahavir Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mahavir Industries Limited
  • Ticker: 531648
  • Exchange: BSE
  • Founded: 1989
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹10.200m
  • Shares outstanding: 20.00m
  • Website: https://www.miltd.co.in

Location

  • Mahavir Industries Limited
  • 78/621, Motilal Nagar - 1
  • Goregaon West
  • Mumbai
  • Maharashtra
  • 400104
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531648BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2011

Biography

Mahavir Industries Limited provides information technology services in India. It offers IT and IT enabled consulting services. The company was formerly known as Croitre Industries Limited and changed its name to Mahavir Industries Limited in January 2014. Mahavir Industries Limited was incorporated in 1989 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/06 13:31
End of Day Share Price2020/03/23 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.