MEGATHERM

Megatherm Induction Limited

Listed company · ISIN INE531R01010 · NSE SM · FV ₹10
Last price
₹244
-2.17%today
What this company does

Megatherm Induction Limited is a listed company. It booked ₹346 cr of revenue in its latest year (FY26) and kept 6.8% of sales as profit.

48out of 100
Equitytale Health Score
Mixed

Healthier than 48% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 618–2,886 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns62

How much profit it earns on the money it employs

Balance sheet50

How much it owes, and whether earnings cover the interest

Cash quality32

Whether reported profit actually arrives as cash

Valuation2

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 72%
✓ No promoter shares pledged
✓ Strong 16% return on equity
Watch-outs
! Thin 6.8% net margin
! Operating cash flow is negative

What if I invest in MEGATHERM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest full year + price
₹244▼ -2.17%
latest close · 2026-10-01
52-wk low ₹18852 sessions so far52-wk high ₹284
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio19.4Average
LowAverageHigh
P/B ratio3.13High
Below bookModerateHigh
EV / EBITDA13.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity16.2%Strong
WeakFairStrong ▸15%
Return on capital19.9%Strong
WeakFairStrong
Net margin6.8%Decent
ThinDecentStrong
EBITDA margin10.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.34Comfortable
LowModerateHigh ▸1
Interest cover8.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.41Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹459 cr
Book value
₹78
EPS
₹12.57
latest full year
Net debt
₹-6 cr
more cash than debt
Enterprise value
₹453 cr
EBITDA
₹34 cr
latest full year
EBIT
₹34 cr
latest full year
Operating margin
10.0%
Return on assets
6.9%
Earnings yield
5.16%
P/S
1.33
Sales / share
₹183.8
Tax rate
22.6%
Face value
₹10
Shares
1.9 cr
Working capital
₹69 cr
Current assets
₹240 cr
Current liabilities
₹171 cr
Delivery %
78.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are from the latest full-year results; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹99 vs market price ₹244 — price is 146% above it
Safety cushion-145.6%(target ≥ +20%)
Models span ₹81–₹141, midpoint ₹99
Model ₹99
Price ₹244
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · FY26 (consolidated)
Revenue from Operations₹346 cr
Other Income₹7 cr
Total Income₹353 cr
Cost of Materials₹263 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-12 cr
Employee Benefit Expense₹22 cr
Finance Costs₹4 cr
Other Expenses₹40 cr
Total Expenses₹321 cr
Profit before Tax₹31 cr
Tax Expense₹7 cr
Net Profit₹24 cr
Net margin on total income6.7%
Where the money goes · FY26
% of total income
Materials + stock-in-trade₹252 cr71.4%
Employee benefit expense₹22 cr6.2%
Finance costs₹4 cr1.1%
Other expenses₹44 cr12.6%
Tax expense₹7 cr2.0%
Profit for the period₹24 cr6.7%
Total income ₹353 cradds up to ₹100 ✓
Annual results · consolidated (₹ cr)
MetricFY25FY26
Revenue321 cr346 cr
Total income324 cr353 cr
Expenses295 cr321 cr
Profit before tax29 cr31 cr
Tax8 cr7 cr
Net profit (owners' share)21 cr24 cr
Net margin (owners' share, on revenue)6.6%6.8%
EPS (₹)11.3112.57
YoY (latest year): total income +9.0% · net profit +11.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹344 cr
Shareholder equity
₹146 cr
parent shareholders
Total debt
₹49 cr
Cash
₹55 cr
Cash flow · H1 FY25
Operating
₹-15 cr
Investing
₹-2 cr
Financing
₹-5 cr
Who owns it · 2026-03-31
No pledge
Promoter
71.8%
FII / Foreign
0.3%
DII / Domestic
0.0%
Retail / others
27.8%
Promoter stake down 0.9% over the last 4 quarters.
Smart-money activity
Bulk / block deals
BoughtPANKAJ PRASOON AND (HUF) · NSE94,800 @ ₹241.8811 Sep 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Aug 2026
See the official result
1
Review and Adoption of Audited Financial Statements for the financial year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
1.64 L votes for, 0 against
2
Appointment of Director in the place of retiring Director
Backed by 100% of shareholders other than promotersneeded 50%
1.64 L votes for, 0 against
3
Re-appointment of Mssr. M S K A And Associates LLP, Chartered Accountants as Statutory Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
1.64 L votes for, 0 against
4
To ratify the remuneration of the Cost Auditor for the financial year 2026-27
Backed by 100% of shareholders other than promotersneeded 50%
1.64 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 71.8% between them · as of 2026-03-31
MEGATHERM ELECTRONICS PVT LTD71.69%
ANINDA PAUL CHOWDHURY0.04%
AVISHEK PAUL CHOWDHURY0.04%
SHESADRI BHUSAN CHANDA0.04%
AYATI CHANDA0.02%
SATADRI CHANDA0.02%
AADITEYA DATTAno shares
CHRISTINA PAULCHOWDHURYno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹54 cr raised in Feb 2024 by selling shares to the public

As of Sep 2025, the company says it has spent 52% of what it set aside, leaving ₹26 cr still to be spent.

Funding capital expenditure towards construction of factory shed and installation of additional plant and machinery
86%
₹13 cr of ₹15 cr
To meet Working Capital requirements
35%
₹9 cr of ₹26 cr
General Corporate Purpose
2%
₹16 L of ₹7 cr
Issue Related Expenses
100%
₹6 cr of ₹6 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.