Want to see IN:MITCON full AI Analyst Report?
MITCON Consultancy & Engineering Services Ltd. (MITCON) AI Stock Analysis
MITCON Consultancy & Engineering Services Ltd.
(NSE:MITCON)
The score is primarily constrained by financial quality—improving profitability and moderating leverage are positives, but weak operating cash flow relative to earnings and historically volatile/negative free cash flow are key risks. Valuation is supportive with a modest P/E, while technical strength cannot be confirmed due to missing indicator data.
MITCON Consultancy & Engineering Services Ltd. Business Overview & Revenue Model
Company Description
MITCON Consultancy & Engineering Services Limited, an Indian firm established in 1982 and headquartered in Pune, delivers comprehensive advisory and engineering solutions. The company caters to a diverse client base across India, including small and...
How the Company Makes Money
MITCON primarily makes money by charging professional fees for consultancy and engineering/advisory assignments delivered to its clients. Key revenue streams typically include: (1) project and investment advisory fees for services such as feasibility...
MITCON Consultancy & Engineering Services Ltd. Financial Statement Overview
Summary
Profitability has improved with FY2026 returning to solid profit and mid-single-digit net margins, and leverage has moderated (debt-to-equity down to ~0.62x). The main drag is weak cash conversion: operating cash flow is low relative to earnings and free cash flow has been volatile and often negative, which constrains financial flexibility.
Income Statement
66PositiveBalance Sheet
62PositiveCash Flow
41Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.26B | 1.26B | 1.13B | 1.29B | 836.52M | 1.07B |
| Gross Profit | 513.55M | 399.22M | 359.60M | 347.07M | 546.42M | 294.71M |
| EBITDA | 330.37M | 329.84M | 317.80M | 325.12M | 160.88M | 171.85M |
| Net Income | 80.86M | 80.88M | 55.56M | 53.34M | 42.28M | 10.63M |
Balance Sheet | ||||||
| Total Assets | 3.22B | 3.22B | 2.86B | 3.12B | 2.48B | 2.17B |
| Cash, Cash Equivalents and Short-Term Investments | 161.18M | 161.18M | 75.67M | 140.47M | 187.35M | 63.90M |
| Total Debt | 985.41M | 985.41M | 1.13B | 1.44B | 1.15B | 881.59M |
| Total Liabilities | 1.49B | 1.49B | 1.46B | 1.81B | 1.34B | 1.15B |
| Stockholders Equity | 1.58B | 1.58B | 1.27B | 1.16B | 1.02B | 929.79M |
Cash Flow | ||||||
| Free Cash Flow | 0 | 10.84M | -82.37M | -197.23M | 132.77M | -171.31M |
| Operating Cash Flow | 0 | 80.14M | 206.18M | 238.38M | 297.51M | -22.91M |
| Investing Cash Flow | 0 | -87.83M | 139.31M | -416.47M | -338.09M | -47.29M |
| Financing Cash Flow | 0 | 93.20M | -410.28M | 131.65M | 163.59M | -37.02M |
MITCON Consultancy & Engineering Services Ltd. Peers Comparison
Overall Rating
IN:AARVI63Neutral
IN:SECMARK61Neutral
IN:SEMAC60Neutral- IN:MITCON56.75Neutral
IN:DHRUV40Underperform
IN:RKEC37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:AARVI | 63Neutral | INR 1.93B | 5.94 | ― | 1.54% | 22.41% | 66.20% |
| IN:SECMARK | 61Neutral | INR 1.54B | 65.92 | ― | ― | 20.14% | -39.01% |
| IN:SEMAC | 60Neutral | INR 701.39M | 10.88 | ― | ― | 8.90% | ― |
| IN:MITCON | 57Neutral | ― | 11.46 | ― | ― | 49.79% | 122.60% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:DHRUV | 40Underperform | INR 388.81M | -1.08 | ― | ― | -63.77% | -537.92% |
| IN:RKEC | 37Underperform | INR 466.62M | -0.90 | ― | ― | -70.62% | -400.50% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:AARVI | Aarvi Encon Ltd. | 130.19 | 12.03 | 10.18% | |
| IN:DHRUV | Dhruv Consultancy Services Ltd. | 20.50 | -31.25 | -60.39% | |
| IN:RKEC | RKEC Projects Ltd. | 19.45 | -47.86 | -71.10% | |
| IN:SECMARK | SecMark Consultancy Ltd. | 147.50 | 26.90 | 22.31% | |
| IN:SEMAC | Semac Consultants Ltd | 225.00 | -167.65 | -42.70% |
MITCON Consultancy & Engineering Services Ltd. Corporate Events
MITCON Capitalises Two New Step-Down Subsidiaries to Expand Corporate Support Services
MITCON Credentia Trusteeship Services Ltd., a subsidiary of MITCON Consultancy & Engineering Services Ltd., has remitted subscription money to fully capitalize two newly formed step-down subsidiaries. MITCON Credentia Repository Services Ltd. and...
MITCON expands corporate services via new step-down subsidiaries
MITCON Credentia Trusteeship Services Ltd., a subsidiary of MITCON Consultancy & Engineering Services Ltd., has fully subscribed to the share capital of MITCON Credentia Repository Services Ltd., a step-down subsidiary incorporated in June 2026 t...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026