The shares of main medical tools producers gained as much as 4 p.c after the corporate secured a prestigious buy order from the Ministry of Defence value Rs 6.5 crore.
Purpose For Rise
With a market capitalization of Rs 110.20 crore, the shares of Maestros Electronics & Telecommunications Programs Ltd closed at Rs 196.10 per share, reducing round 2.66 p.c in comparison with the earlier closing value of Rs 201.45 apiece.
Purpose for Rise
In accordance with the corporate submitting, Maestros Electronics & Telecommunications Programs Ltd acquired a purchase order order (PO) from DG Armed Forces Medical Service (Division of Defence) for the supply of 460 items of a product named METSL TFT Show Cardiac Monitor with a defibrillator. Value Rs 6.49 crore.
Monetary Efficiency
Wanting ahead to the corporate’s monetary efficiency, income elevated by 50 p.c from Rs 3.35 crore in Q3FY24 to Rs 5.01 crore in Q3FY25. Throughout the identical interval, web revenue elevated by 294 p.c, from Rs 0.19 crore to Rs 0.75 crore.
Product Profile
The corporate presents cardiology merchandise like ECG machines, affected person screens, defibrillators, and pulse oximeters. In mom and baby care, it offers fetal screens. Its house care and eHealth options embody eUNO-BT, Coddle Beat, and eUNO-WiFi. It additionally operates an offshore eICU for distant essential care by way of real-time connectivity.
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Clientele
The corporate has a robust clientele throughout the healthcare and monetary sectors. Key healthcare purchasers embody Stemi, Well being Watch, Ramesh Hospitals, OTTET Telemedicine, Tricog, Debel, Madhav Baug, and CDAC. Monetary purchasers embody Chola, Fullerton, Novopay, AGS Transact, IDFC Financial institution, L&T Finance, ICICI Financial institution, and Mahindra Finance.
Monetary Metric
Within the return ratios, the return on fairness (RoE) in FY24 stood at round 17.6 p.c, and the return on capital employed was round 23.3 p.c. The debt-to-equity ratio stood round 0.07 as of FY24.
Firm Profile
Maestros Electronics & Telecommunications Programs Restricted is an India-based design, growth and manufacturing firm. The Firm is targeted on creating services for monetary inclusion, cardiology, gynecology, essential care sufferers, and illness administration in medication.
Written by Abhishek Singh
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