BSE: 542801
Misquita Engineering Limited
Manufactures precision machined components from its base in Goa and sells them through a BSE SME-listed entity (Scrip Code: 542801). Revenue from operations reached Rs. 1,802.02 lakhs in FY26, up about 50% year-on-year from Rs. 1,199.40 lakhs in FY25, while profit after tax was Rs. 21.96 lakhs versus Rs. 19.81 lakhs the year before. Raw materials dominate the cost structure at 88.6% of revenue (Rs. 15.96 crore in FY26), with employee costs at 3.2% of revenue and other operating expenses at 2.9%. The company raised Rs. 258.80 lakhs through fresh equity issuance in H1 FY26, and operating cash flow during that half-year was deeply negative at Rs. (224.53) lakhs amid a build-up of trade receivables. Trade receivables stood at Rs. 897.56 lakhs at end-September 2025 against half-yearly revenue of Rs. 887.03 lakhs, and capex was modest at 0.9% of revenue. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Precision machined components. Small, materials-intensive precision machining on the BSE SME platform
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 9 | 10 | 10 | 12 | 18 |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | — | — |
| EPS, as reported (₹) | 1.57 | 1.69 | 1.69 | 0.55 | 0.50 |
| ROE % · ROCE % | — · 10.7 | — · 11.4 | — · (1.3) | — · 1.6 | — · 3.2 |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (0) | (0) | (2) | (3) | (3) |
| Capex | — | — | — | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 4 | 5 | 5 | 6 | 6 | 9 | 9 |
| Profit before tax | 0 | 0 | (1) | 0 | 0 | (0) | 0 | 0 |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | 0.95 | 0.74 | (2.29) | 1.25 | 0.70 | 0.15 | 0.33 | 0.17 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 46,904 | 97.4 | 24.99 | 80.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,105 | 81.2 | 9.82 | 52.4 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 26,932 | 49.1 | 6.04 | — | 11.8 | 15.5 | — | 18.2 |
| JYOTI CNC AUTOMATION LTD | 21,121 | 65.7 | 10.55 | 37.3 | 16.8 | 19.2 | — | 22.2 |
| KAYNES TECHNOLOGY IND LTD | 20,995 | 60.6 | 4.41 | 29.9 | 7.6 | 9.8 | — | 17.1 |
| LMW LIMITED | 17,483 | 100.1 | 6.10 | 56.6 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 13,085 | 459.6 | 3.84 | 39.1 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,360 | 48.5 | 7.34 | 50.4 | 11.7 | 11.5 | — | 15.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 49.3 | 26.7 | 91 of 130 | 30% |
| ROCE | 2.1 | 11.3 | 118 of 142 | 17% |
| Revenue growth | 92.7 | 20.6 | 11 of 114 | 91% |
| Market cap | 31 | 273 | 120 of 141 | 15% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Routine compliance certificate for Q2 FY26 from RTA | compliance | minimal | — | — |
| 3 Oct 2026 · 28th AGM voting results: all 5 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Misquita Engineering 28th AGM held on 30 Sep 2026 | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading Window Closed from Oct 1, 2026 for H2 FY26 Results | compliance | minimal | — | — |
| 7 Sept 2026 · Annual Report FY 2025-26 filed; key AGM agenda items | results | medium | — | — |
| 7 Sept 2026 · Misquita Engineering 28th AGM Notice on Sept 30, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Book closure for AGM from 24 Sep to 30 Sep 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Board approves 28th AGM, re-appoints MD and Whole-Time Director for 5 years | board shareholder meetings | low | — | — |
| 11 Jul 2026 · Routine RTA Compliance Filing for Q1 FY27 | compliance | minimal | — | — |
| 2 Jul 2026 · New Company Secretary appointed at Misquita Engineering | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.