METSL
MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS financials
- Market cap
- ₹74 Cr
Quarterly results
Q1 FY27: revenue down 3.3%, net profit up 9.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 5 | 8 | 10 | 6 −19% | 11 +123% | 12 +51% | 10 −3% |
| EBITDA | 1 | 1 | 1 | 2 | 0 −61% | 3 +521% | 2 +329% | 2 +6% |
| Net profit | 1 | 1 | 1 | 2 | 1 −35% | 3 +273% | 2 +173% | 2 +9% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +14.1% 1Y
1Y: ₹144.3 on 9 Sept 2025 → ₹164.6. High ₹164.6 (10 Sept 2026), low ₹110.7 (17 Nov 2025).
Financials, as filed
Revenue grew 36.3% a year over 1 year, FY25 to FY26. Operating margin widened to 19.3%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹29 Cr | ₹39 Cr |
| Operating profit | ₹4 Cr | ₹8 Cr |
| Operating margin | 12.3% | 19.3% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹4 Cr | ₹7 Cr |
| Net margin | 13.3% | 18.4% |
| Cash from operations | ₹6 Cr | ₹2 Cr |
| Free cash flow | ₹3 Cr | ₹-0 Cr |
| ROCE | 16.6% | 23.9% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr |
| Reserves | ₹25 Cr | ₹32 Cr | ₹37 Cr |
| Borrowings | ₹5 Cr | ₹3 Cr | ₹2 Cr |
| Other liabilities | ₹21 Cr | ₹18 Cr | ₹21 Cr |
| Total liabilities | ₹57 Cr | ₹59 Cr | ₹65 Cr |
| Fixed assets | ₹8 Cr | ₹15 Cr | ₹10 Cr |
| Capital work in progress | ₹4 Cr | ₹0 Cr | ₹6 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹45 Cr | ₹44 Cr | ₹48 Cr |
| Total assets | ₹57 Cr | ₹59 Cr | ₹65 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +8.24 pp while the public trimmed −8.23 pp. The shareholder count shrank 9% to 4,097.
- Promoters
- 63.9%
- FIIs
- 0.2%
- Public
- 35.9%
Since Jun 2025
- Promoters +8.24 pp
- Public −8.23 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters went from 55.6% to 63.9% — +8.3 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Dec '23: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Mar '24: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Jun '24: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Sep '24: Promoters 55.6%, FIIs 0.2%, DIIs 0.3%, Public 43.9%.Dec '24: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Mar '25: Promoters 55.6%, FIIs 0.2%, Public 44.2%.Jun '25: Promoters 55.7%, FIIs 0.2%, Public 44.1%.Sep '25: Promoters 60.2%, FIIs 0.2%, Public 39.6%.Dec '25: Promoters 60.2%, FIIs 0.2%, Public 39.6%.Mar '26: Promoters 60.2%, FIIs 0.2%, Public 39.6%.Jun '26: Promoters 63.9%, FIIs 0.2%, Public 35.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Balkrishna Kamalakar Tendulkar +3.63 pp 62.72% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS LTD above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Balkrishna Kamalakar Tendulkar | 62.72% | +3.63 pp |
| Vinayak Deshpande | 2.74% | unchanged |
| Suruchi Khanna | 1.81% | unchanged |
| Dipakkumar Babalbhai Patel | 1.72% | unchanged |
| Narendra Mahajani | 0.92% | unchanged |
| Shreyans Balkrishna Tendulkar | 0.09% | unchanged |
| Vaishali Balkrishna Tendulkar | 0.07% | unchanged |
| Shweta Balkrishna Tendulkar | 0.06% | unchanged |
| Bakhle Dhananjay Sadashiv | 0.02% | unchanged |
| Nandlal Bhimrajka | 0.01% | unchanged |
| Santosh Kamalakar Tendulkar | 0.00% | unchanged |
| Soniya Narendra Mahajani | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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