---
title: "Micro Technologies (India) Ltd (MICROTECH) — Share Price, Financials & Analysis"
symbol: "MICROTECH"
company: "Micro Technologies (India) Ltd"
canonical: "https://tapetide.com/stocks/MICROTECH"
generated_at: "2026-10-13T10:58:46.438Z"
---

# Micro Technologies (India) Ltd (MICROTECH)

Canonical page: https://tapetide.com/stocks/MICROTECH

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Micro Technologies (India) Limited, incorporated in India, Listed on the Bombay Stock  exchange Limited, and National Stock Exchange Limited, the company is engaged in a developer and marketer of security solutions. At present, trading of company's shares is suspended.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.02 times its book value
- Debtor days have improved from 96.5 to 17.1 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 8.39% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -170% | — | — |
| revenue growth | 23% | 32% | 41% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 227 | 81 | 122 | 16 |
| Expenses | 234 | 89 | 280 | 17 |
| Operating Profit | -7 | -9 | -158 | -1 |
| OPM % | -3 | -11 | -130 | -4.6 |
| Other Income | 12 | -45 | 151 | -144 |
| Interest | 12 | 14 | 21 | 9 |
| Depreciation | 48 | 24 | 26 | 15 |
| Profit before tax | -54 | -91 | -54 | -169 |
| Tax % | -19 | -4 | -26 | 0 |
| Net Profit | -44 | -88 | -40 | -169 |
| EPS in Rs | -12.7 | -26.08 | -11.76 | -49.53 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 18m | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 188 | 290 | 459 | 600 | 862 | 1059 | 445 |
| Expenses | 111 | 176 | 301 | 399 | 610 | 968 | 619 |
| Operating Profit | 77 | 114 | 158 | 201 | 252 | 91 | -174 |
| OPM % | 41 | 39 | 34 | 33 | 29 | 9 | -39 |
| Other Income | 0 | 0 | 2 | -23 | -5 | 55 | -26 |
| Interest | 2 | 3 | 9 | 18 | 31 | 88 | 56 |
| Depreciation | 14 | 27 | 39 | 55 | 52 | 167 | 112 |
| Profit before tax | 62 | 83 | 112 | 104 | 164 | -110 | -368 |
| Tax % | 13 | 13 | 19 | 25 | 19 | -10 | — |
| Net Profit | 54 | 72 | 90 | 78 | 133 | -99 | -340 |
| EPS in Rs | 25.29 | 32.69 | — | 27.83 | — | -28.91 | -100.07 |
| Dividend Payout % | 4 | 3 | 4 | 5 | 1 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 13 | 14 | 16 | 34 |
| Reserves | 194 | 289 | 401 | 492 | 668 | 523 |
| Borrowings | 70 | 99 | 148 | 235 | 322 | 492 |
| Other Liabilities | 30 | 51 | 85 | 132 | 119 | 116 |
| Total Liabilities | 305 | 450 | 647 | 872 | 1126 | 1165 |
| Fixed Assets | 136 | 167 | 204 | 248 | 364 | 365 |
| CWIP | 20 | 21 | 66 | 68 | 140 | 68 |
| Investments | 0 | 0 | 17 | 17 | 0 | 0 |
| Other Assets | 148 | 263 | 361 | 539 | 621 | 732 |
| Total Assets | 305 | 450 | 647 | 872 | 1126 | 1165 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 29 | 62 | 80 | 89 | 102 | 106 |
| Cash from Investing Activity | -109 | -77 | -137 | -152 | -244 | -95 |
| Cash from Financing Activity | 67 | 41 | 67 | 83 | 86 | -64 |
| Net Cash Flow | -13 | 27 | 10 | 20 | -57 | -54 |
| Free Cash Flow | 29 | 14 | -42 | -56 | -159 | 10 |
| CFO/OP | 46 | 58 | 59 | 59 | 50 | 117 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Sep 2013 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 140 | 163 | 137 | 156 | 116 | 17 |
| Inventory Days | — | — | — | — | 81 | 269 |
| Days Payable | — | — | — | — | 11 | 14 |
| Cash Conversion Cycle | 140 | 163 | 137 | 156 | 186 | 273 |
| Working Capital Days | 211 | 223 | 186 | 189 | 199 | 235 |
| ROCE % | — | 26 | 25 | 23 | 24 | -2 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 116.13 | Sell |
| EMA (10) | 116.63 | Sell |
| SMA (20) | 121.49 | Sell |
| EMA (20) | 117.24 | Sell |
| SMA (50) | 110.51 | Buy |
| EMA (50) | 112.94 | Buy |
| SMA (100) | 114.21 | Buy |
| EMA (100) | 105.87 | Buy |
| SMA (200) | 87.2 | Buy |
| EMA (200) | 91.71 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.84 | Neutral |
| MACD (12,26,9) | 0.58 | Sell |
| Stochastic (14,3,3) | 32.52 | Neutral |
| ADX (14) | 25.71 | Buy |
| Williams %R (14) | -67.07 | Neutral |
| ATR (14) | 9.29 | High Volatility |
| ROC (12) | -16.42 | Sell |
| Stoch RSI (14) | 20.44 | Neutral |
| UO (7,14,28) | 62.72 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport//5324940913.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_3075_MICROTECH_2012_2013_09122013110911.zip) |
| 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport//5324940312.PDF) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_MICROTECH_2010_2011_13092011050909.zip) |
| 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport//5324940311.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:46.438Z.