Maestros Electronics & Telecommunications Systems Limited (BOM:538401)

India · Delayed Price · Currency is INR

97.08

+4.62 (5.00%)

At close: Nov 9, 2026

BOM:538401 Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	492.02	394.28	288.92	332.89	245.98	112.14
Revenue Growth	68.46%	36.46%	-13.21%	35.33%	119.36%	-76.42%
Gross Profit	215.27	168.46	133.07	151.11	111.64	66.27
Operating Income	108.72	75.54	42.12	62.92	33.87	7.48
Net Income	94.47	72.54	43.73	49.38	29.8	12.53
Earnings Per Share	8.57	6.58	3.97	4.48	2.70	1.14
EPS Growth	119.86%	65.83%	-11.43%	65.69%	138.23%	-77.82%

Revenue by Segment

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Electronics and Instrumentation	2.38	1.37	2.15	9.75	13.09
Medical	330.07	270.48	306.29	-	-
Telemedicine	59.29	17.03	24.45	236.23	98.36
Total	391.75	288.87	332.89	245.98	111.45

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	301.69	345.68	333.35	230.24	181.81	245.31
Total Debt	32.6	16.2	35.96	53.48	47.94	21
Net Cash (Debt)	269.09	329.48	297.4	176.76	133.87	224.31
Net Cash Growth	-11.01%	10.79%	68.25%	32.04%	-40.32%	-27.01%
Net Cash Per Share	24.42	29.90	26.99	16.04	12.15	20.35

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-40.37	17.51	56.33	72.54	-57.59	-84.72
Capital Expenditures	-20.6	-21.29	-30.83	-39.1	-10.82	-4.94
Free Cash Flow	-60.97	-3.78	25.5	33.44	-68.41	-89.67
Free Cash Flow Growth	-	-	-23.74%	-	-	-

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	43.75%	42.73%	46.06%	45.39%	45.39%	59.10%
Operating Margin	22.10%	19.16%	14.58%	18.90%	13.77%	6.67%
Pretax Margin	25.08%	22.86%	19.69%	20.75%	16.34%	15.07%
Profit Margin	19.20%	18.40%	15.14%	14.83%	12.11%	11.17%
FCF Margin	-12.39%	-0.96%	8.83%	10.05%	-27.81%	-79.96%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '26 Nov 11, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	11.33	9.15	18.30	12.21	8.23	23.53
P/FCF Ratio	-	-	31.37	18.04	-	-
PS Ratio	2.17	1.68	2.77	1.81	1.00	2.63