BSEMehai Technology LtdMediumNeutral
Announced Thu, 13 Nov · 20:42 IST

This is to inform that Board of Directors in their meeting held today i.e., 13th November, 2025 at the corporate office of the Company located at 144, Dakshindari Road Sreebhumi North 24 ....

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Mehai Technology met on 13 November 2025 and approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30 September 2025, along with the Limited Review Report from statutory auditor M/s Bijan Ghosh & Associates (unmodified / clean review). On a consolidated basis, revenue from operations jumped to ₹2,199.83 lakhs in Q2 FY26 from ₹1,016.69 lakhs in Q2 FY25, and to ₹4,033.20 lakhs in H1 FY26 from ₹1,215.89 lakhs in H1 FY25. Consolidated net profit for H1 FY26 rose to ₹294.96 lakhs versus ₹95.82 lakhs in H1 FY25, with basic EPS of ₹0.08 versus ₹0.03. Total consolidated assets expanded to ₹20,723 lakhs as on 30 Sept 2025 from ₹14,446 lakhs as on 31 March 2025, supported by equity infusion and higher borrowings. However, cash flow from operating activities remained negative on both standalone and consolidated books despite reported profits, indicating working capital build-up (inventories, receivables, and other current/non-current assets have all risen sharply).

Likely market impact

Strong top-line and bottom-line growth year-on-year is positive for shareholders, but the large gap between reported profit and negative operating cash flow is a yellow flag — it suggests profits are tied up in working capital and not yet translating into cash. Short-term stock reaction may be positive on the growth numbers; investors should watch cash collection and inventory trends in coming quarters.