Mehai Technology (BSE: MEHAI) had a P/E of 7.5× on 6 Nov 2026, below the industry P/E of 14.8×, and the shares are 72% below their 52-week high. Its ROCE of 6.9% is the second-lowest among the 7 largest Conglomerates peers, and sales and net profit grew 143% and 147% a year over 3 years. Debt is 0.29× equity. It is a small-cap company with a market cap of ₹87 Cr, ranked 35th of 52 Conglomerates companies by market cap; the shares fell 76% over the past year.
- ₹1.06
- ₹1.06
- ₹1.03
- ₹1.05
- 2.1 L
Health check
- ReturnsBehind
−76.0% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 7.5 vs industry 14.8.
- GrowthStrong
Sales +143.0%, profit +146.8% a year over 3 years.
- ProfitabilityWeak
ROCE 6.9% vs peer median 12.8%.
- Balance sheetFair
Debt 0.29× equity, interest covered 3.7×, Piotroski 6 of 9.
- Red flags2 to check
Return on equity is low at 4.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹87 Cr
- Small cap
- P/E
- 7.5
- Industry 14.8
- Price to book
- 0.38
- Peers 5.18
- Dividend yield
- 0.00%
- ROE
- 4.9%
- Peers 11.6%
- ROCE
- 6.9%
- Peers 12.8%
- Debt to equity
- 0.29
- Debt ₹64 Cr
- EPS (TTM)
- ₹0.14
- OPM (TTM)
- 12.4%
- Net margin 6.3%
- Sales growth
- +19.6%
- Latest quarter vs a year ago
- Profit growth
- +27.2%
- Latest quarter vs a year ago
- Price to sales
- 0.68
- EV/EBITDA 5.8
Strengths and risks
Strengths
- Quarterly profit up 27.2% on a year ago.
- Quarterly sales up 19.6% on a year ago.
- P/E of 7.5 against an industry P/E of 14.8.
Risks to check
- Return on equity is low at 4.9%.
- 72% below its 52-week high.
About Mehai Technology
Mehai Technology Limited engages in trading, dealing, installation, commission, maintaining and repairing all kinds of electrical and electronic goods. It operates through electrical and electronic goods, preform caps, alkaline water caps, packaging materials related to food and beverages, agricultural products and allied items; and Providing IT and IT-enabled services segments. The company also engages in turnkey solutions for solar energy systems, solar…
- Headquarters
- Kolkata
- Employees
- 9
- Sector
- Industrials
- ISIN
- INE062Y01020
- Website
- mehaitech.co.in
Price range
- Avg volume (3M)
- 7.8 L
- 1-year return
- minus 76.0%
- From 52-week high
- minus 72.1%
Peers · Conglomerates
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SRFSRF | 2,460.40 | minus 0.99% | 72,928 | 31.9 | 21.2 | 14.5% | 24.2% | 0.35 | 1.8% | minus 15.5% |
| TIINDIATube Investments of India | 2,170.00 | minus 5.65% | 42,005 | 62.9 | 16.6 | 12.8% | 9.9% | 0.05 | 15.5% | minus 23.1% |
| GODREJINDGodrej Industries | 955.85 | minus 2.40% | 32,198 | 27.4 | 32.4 | 12.3% | 10.4% | 2.22 | 9.8% | minus 11.6% |
| 3MINDIA3M India | 27,570.00 | minus 5.98% | 31,058 | 57.0 | 29.9 | 47.5% | 18.4% | 0.10 | 8.7% | minus 18.3% |
| THERMAXThermax | 2,746.30 | minus 17.27% | 30,937 | 52.6 | 26.6 | 15.3% | 12.4% | 0.42 | 9.8% | plus 1.5% |
| BEMLBEML | 1,953.20 | minus 1.89% | 16,268 | 28.0 | 55.7 | 5.9% | 7.3% | 0.11 | 3.0% | minus 7.4% |
| NAVANava | 529.15 | minus 0.99% | 14,991 | 19.8 | 7.9 | 11.1% | 38.4% | 0.21 | 6.8% | minus 12.1% |
| MEHAIMehai Technology | 1.05 | 0.00% | 87 | 7.5 | 7.7 | 6.9% | 12.4% | 0.29 | 143.0% | minus 76.0% |
| Median of 7 peers | – | −2.40% | 31,058 | 31.9 | 26.6 | 12.8% | 12.4% | 0.21 | 8.7% | −12.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 18.3 | 22 | 22.3 | 61.8 | 21.9 | |
| 15.7 | 18.4 | 18.4 | 56.5 | 18.7 | |
| 2.7 | 3.6 | 3.9 | 5.3 | 3.2 | |
| 14.5% | 16.2% | 17.3% | 8.6% | 14.7% | |
| 0.2 | 0.3 | −0.1 | 0.5 | 0.4 | |
| 1.2 | 1.2 | 1 | 1.1 | 1.7 | |
| 0.1 | 0.3 | −0.1 | 0.5 | 0.2 | |
| 1.5 | 2.5 | 2.9 | 4.2 | 1.8 | |
| 27.7% | 26.1% | 33.1% | 31.0% | 28.4% | |
| 1 | 1.7 | 1.9 | 3.1 | 1.3 | |
| 0.03 | 0.05 | 0.03 | 0.04 | 0.02 |
Profit & loss
- Sales CAGR 3Y
- +143.0%
- Profit CAGR 3Y
- +146.8%
- EPS CAGR 3Y
- +54.4%
- ROE
- 4.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.7 | 14.9 | 119 | 124 | |
| – | +71.9% | +701.2% | +4.2% | |
| 7.6 | 12.9 | 106 | 109 | |
| 1.1 | 2 | 13.2 | 15.4 | |
| 12.3% | 13.7% | 11.1% | 12.4% | |
| 0.1 | −0.3 | −0.3 | 0.5 | |
| 0 | 0.4 | 2 | 4.1 | |
| 0.1 | 0.3 | 0.5 | 0.8 | |
| −0.1 | – | – | – | |
| 0.9 | 1 | 10.4 | 11.1 | |
| 41.9% | 42.5% | 27.6% | 30.0% | |
| 0.5 | 0.6 | 7.5 | 7.7 | |
| – | +12.2% | +1197.3% | +3.4% | |
| 0.03 | 0.14 | 0.27 | 0.10 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.7 | 19.6 | 31.4 | 74.9 | |
| 2.8 | 23 | 66.8 | 144 | |
| 1.5 | 8.9 | 38.6 | 64.4 | |
| 2.6 | 6 | 7.7 | 16 | |
| 17.6 | 57.5 | 144 | 299 | |
| 5.4 | 42.1 | 57.4 | 94.8 | |
| 3.6 | 39.9 | 55.5 | 84.2 | |
| 0 | 0.3 | 5.2 | 5.3 | |
| 0.8 | 0.4 | 0.1 | 32.9 | |
| 7.8 | −25.2 | 26.3 | 82 | |
| 17.6 | 57.5 | 144 | 299 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.3 | 1.6 | −21.7 | 13.7 | |
| −4 | −36.9 | −34.5 | −115 | |
| 1.4 | 35.1 | 55.9 | 104 | |
| 0.7 | −0.3 | −0.3 | 3 | |
| −4 | −36.9 | −34.6 | −31.8 | |
| −0.7 | −35.4 | −56.3 | −18.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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