₹287.0
+1.79% today
· 30d +4.36%
as of 2026-09-04
Price · Daily Candles
“MEIL's Q4 Profitability Dips Amidst Annual Revenue Growth, DIIs Pare Holdings.”
MEIL, an Electrical Equipment & Parts company with a market cap of ₹897.0 Cr, reported annual revenue growth of 5.2% to ₹580.0 Cr, yet net profit saw an 8.75% decline to ₹43.0 Cr for the year ending March 2026. Quarterly net profit also fell to ₹13.0 Cr for Q4 2026, alongside a 11.33% OPM. The stock currently trades at a TTM P/E of 18.59, significantly lower than some sector peers, while its business score reflects 'CHEAP' valuation despite 'HIGH' risk and 'MUTED' growth.
BULL CASE
+Annual revenue grew 5.2% to ₹580.0 Cr for FY26.
+The 3-year revenue CAGR stands at 17.45%, and net profit CAGR at 20.39% for the period ending March 2026.
+Trading at a TTM P/E of 18.59, MEIL appears cheap compared to peers like Polycab (54.17) and Havells (44.56).
+FII shareholding increased by 0.17% QoQ to 2.2% in Q4 2026.
BEAR CASE
−Annual net profit declined by 8.75% to ₹43.0 Cr for FY26.
−Quarterly net profit for Q4 2026 was ₹13.0 Cr, with just 11.33% operating profit margin.
−The stock is 43.35% off its 52-week high of ₹573.7, trading at ₹325.0.
−DII shareholding decreased by 1.76% QoQ to 4.43% in Q4 2026.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹126 Cr
+40.34% YoY
NET PROFIT
₹8 Cr
+101.52% YoY
OPM
10.14%
-1.23pp YoY
EPS
₹2.72
PE 18.59
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-17.5% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
MEIL's TTM PE of 18.59 is considerably lower than sector peers like Polycab (54.17 P/E) and Havells (44.56 P/E), but its ROCE figure was not provided to compare against the range of 15.41% to 34.54% among competitors.
PEERPEROCE %
MEIL18.59—
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
41
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
5
Valuation
CHEAP
75
Growth
MUTED
44
Profitability
DECENT
55
Technicals
NEUTRAL
57
Risk
HIGH
10
Key Stats
TTM PE
18.59
P/B
1.5
52W HIGH
₹573.7
OFF HIGH
-49.97%
MKT CAP
₹792 Cr
◉ Active Signals
MACDBullish1.6902
RSI(14)Neutral52.41
⧉ Strategy Fit 🔒