Hyderabad-based electronics maker of LED display systems (incl. Passenger Information Systems for Indian Railways), medical & other appliances, and electric vehicles.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 44 | 44 | 44 | 44 | 44 | 48 | 48 | 48 |
| Reserves | -179 | -46 | 16 | 16 | 78 | 173 | 180 | 160 |
| Borrowings | 135 | 33 | 1 | 11 | 12 | 48 | 46 | 44 |
| Other Liabilities | 153 | 26 | 2 | 3 | 7 | 11 | 76 | 59 |
| Total Liabilities | 152 | 57 | 63 | 73 | 141 | 280 | 350 | 311 |
| AssetsFixed Assets | 75 | 46 | 44 | 41 | 26 | 47 | 48 | 47 |
| CWIP | 2 | 0 | 0 | 3 | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 3 | 3 | 0 | 51 | 0 | 51 |
| Other Assets | 76 | 10 | 16 | 26 | 115 | 180 | 302 | 213 |
| Total Assets | 152 | 57 | 63 | 73 | 141 | 280 | 350 | 311 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 0 | 0 | -146 | -58 | -6 | -13 | 2 | 4 |
| Cash from Investing | 0 | 0 | 20 | 0 | -3 | 19 | -118 | -3 |
| Cash from Financing | 0 | 0 | 126 | 59 | 10 | -5 | 122 | -7 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 0 | 0 | -123 | -58 | -9 | 3 | -22 | 2 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MICEL · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.