Maestros Electronics & Telecommun. Systems (BSE 538401)₹97.08+5.00%Industrial Products
In the Jun 2026 quarter (consolidated), Maestros Electronics & Telecommun. Systems reported sales of ₹10.13 Cr, down 3.2% from Jun 2025, and net profit of ₹1.66 Cr, up 9.2% year on year. For the year to Mar 2026, sales were ₹39.57 Cr and net profit ₹7.22 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.36 | 14.22 | 8.72 | 7.36 | 5.03 | 7.91 | 10.47 | 5.93 | 11.21 | 11.96 | 10.13 |
| Expenses | 3.44 | 10.62 | 7.16 | 6.30 | 4.48 | 7.34 | 8.64 | 5.51 | 7.91 | 9.65 | 8.20 |
| Operating Profit | −0.09 | 3.50 | 1.51 | 1.00 | 0.51 | 0.51 | 1.75 | 0.38 | 3.22 | 2.22 | 1.86 |
| OPM % | −3.0% | 24.8% | 17.5% | 13.8% | 10.4% | 6.6% | 16.9% | 6.6% | 29.0% | 18.7% | 18.5% |
| Other Income | 0.59 | 0.53 | 0.52 | 0.57 | 0.64 | 0.73 | 0.54 | 0.76 | 0.08 | 0.91 | 0.51 |
| Interest | 0.14 | 0.17 | 0.23 | 0.10 | 0.06 | 0.05 | 0.10 | 0.12 | 0.13 | 0.00 | 0.08 |
| Depreciation | 0.11 | 0.12 | 0.09 | 0.09 | 0.09 | 0.07 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Profit before tax | 0.22 | 3.73 | 1.68 | 1.35 | 0.99 | 1.11 | 2.05 | 0.90 | 3.05 | 2.99 | 2.17 |
| Tax % | 21.7% | 30.9% | 26.0% | 25.0% | 26.9% | 22.2% | 25.2% | 27.4% | 10.7% | 21.3% | 23.3% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.35 | 0.00 | 0.00 |
| Net Profit | 0.18 | 2.57 | 1.24 | 1.00 | 0.72 | 0.85 | 1.52 | 0.65 | 2.71 | 2.34 | 1.66 |
| EPS (Rs) | 0.35 | 4.70 | 2.28 | 1.84 | 1.33 | 1.57 | 2.79 | 1.21 | 4.96 | 4.27 | 3.04 |
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| Sales | 33.40 | 28.99 | 39.57 | 39.23 |
| Expenses | 27.26 | 24.70 | 31.70 | 31.27 |
| Operating Profit | 5.91 | 4.11 | 7.59 | 7.68 |
| OPM % | 17.8% | 14.3% | 19.3% | 19.6% |
| Other Income | 2.23 | 2.43 | 2.29 | 2.26 |
| Interest | 0.79 | 0.47 | 0.38 | 0.33 |
| Depreciation | 0.44 | 0.38 | 0.47 | 0.44 |
| Profit before tax | 6.90 | 5.68 | 9.01 | 9.11 |
| Tax % | 28.4% | 23.1% | 19.5% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −0.35 |
| Net Profit | 4.92 | 4.35 | 7.22 | 7.36 |
| EPS (Rs) | 9.01 | 7.96 | 13.20 | 13.48 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | — |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 5.50 | 5.50 | 5.51 |
| Reserves | 25.05 | 29.41 | 36.72 |
| Borrowings | 5.34 | 3.61 | 1.63 |
| Other Liabilities | 21.50 | 20.66 | 20.87 |
| Total Liabilities | 57.39 | 59.18 | 64.73 |
| Fixed Assets | 8.22 | 8.99 | 9.88 |
| CWIP | 3.70 | 5.58 | 6.38 |
| Investments | 0.00 | 0.00 | 0.00 |
| Other Assets | 45.47 | 44.61 | 48.47 |
| Inventories | 5.54 | 6.02 | 4.16 |
| Trade receivables | 15.69 | 3.50 | 8.14 |
| Cash & equivalents | 23.00 | 33.33 | 34.56 |
| Total Assets | 57.39 | 59.18 | 64.73 |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from operating activity | 7.26 | 5.70 | 1.76 |
| Cash from investing activity | −7.03 | −5.18 | −0.84 |
| Cash from financing activity | −0.23 | −0.38 | −0.76 |
| Net cash flow | −0.02 | 0.13 | 0.17 |
| Capex | 0.21 | 1.21 | 0.67 |
| Free cash flow | 3.33 | 2.60 | −0.37 |
| CFO / OP % | 145.0% | 183.0% | 39.1% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor days | 172 | 44 | 75 |
| Inventory days | 359 | 494 | 66 |
| Days payable | 236 | 297 | 45 |
| Cash conversion cycle | 297 | 243 | 99 |
| Working capital days | −36 | −66 | −9 |
| ROCE % | — | 16.6% | 23.9% |
For the Jun 2026 quarter, Maestros Electronics & Telecommun. Systems reported sales of ₹10.13 Cr, down 3.2% year on year and net profit of ₹1.66 Cr, up 9.2% year on year. The operating margin was 18.5%.
Maestros Electronics & Telecommun. Systems' sales for the year to Mar 2026 were ₹39.57 Cr; over the last twelve months they were ₹39.23 Cr.
Net profit for the year to Mar 2026 was ₹7.22 Cr, and ₹7.36 Cr over the last twelve months. Earnings per share over the same trailing period were ₹13.48.
Maestros Electronics & Telecommun. Systems reported borrowings of ₹1.63 Cr at Mar 2026, against cash and equivalents of ₹34.56 Cr.
Cash from operations was ₹1.76 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.37 Cr.