Maestros Electronics & Telecommunications Systems logo

Maestros Electronics & Telecommunications Systems share price

BSE: 538401Industrial ManufacturingSmall Cap

Last close ₹77.70up ₹1.25 (1.64%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹76.45.

52-week range of traded prices to 23 Oct 2026
₹53.25Low, 18 Nov 2025₹129.58High, 30 Sep 2026
Market cap
₹86 Cr3,127th largest listed
P/E
11.6
P/B
2.0
Dividend yield
Nonein the last 12 months
ROE
19.2%
ROCE
16.5%
Debt to equity
0.04
Volume, BSE
21,976

Share price

Daily closes since Jun 2014, adjusted for splits and bonuses. On BSE it is in group XT, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

+9.5%over a year · Nifty 500 −9.8%

Split, bonus, rights or demerger20-session average 76,268 shares a day

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹9.66 Crdown 17.47%
Net profit
₹1.53 Crdown 32.42%
Net margin
15.8%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 28 NovDec 2024Filed 5 FebMar 2025Filed 16 JunJun 2025Filed 23 JulSep 2025Filed 12 NovDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 12 Aug
Revenue7.35.07.910.45.911.111.79.7
Net profit1.00.70.81.50.72.72.31.5
Net margin13.7%14.9%10.7%14.5%11.0%24.2%19.3%15.8%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Electronics and Instrumentation, Medical and Telemedicine, which carries all its revenue. From the quarter to Jun 2026 it reports 3 businesses, by share of revenue: Medical, 98.9%, Electronics and Instrumentation, 0.9% and Telemedicine, 0.2%.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 10% of 1,015 trading days over the last 5 years.

LowestHighest
Its median16.8Industry median27.8
Price to book

At or below today's level on 51% of 1,240 trading days over the last 5 years.

LowestHighest
Its median2.0Industry median2.8
EV to EBITDA6.8

At or below today's level on 27% of 1,240 trading days over the last 5 years.

LowestHighest
Its median8.5Industry median18.5
Dividend yield

At or below today's level on 89% of 2,187 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.42%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−17.0%+62.6%−49.0%0.0%
3 years+39.4%+33.7%+4.2%0.0%
5 years+14.5%+4.8%+9.1%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing of 5 Oct 2026.Shareholding pattern

Shareholding by group

  • Promoters63.88%
  • Foreign institutions0.20%
  • Individuals and others35.91%
Holder
Balkrishna Kamalakar TendulkarPromoter62.72%
Vinayak DeshpandeResident individuals, over ₹2 lakh at face value2.74%
Suruchi KhannaResident individuals, over ₹2 lakh at face value1.81%
Narendra MahajaniPromoter0.92%
Shreyans Balkrishna TendulkarPromoter0.09%
Vaishali Balkrishna TendulkarPromoter0.07%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Industrial Products, 191 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Maestros Electronics & Telecommunications Systems in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Chemtech Industrial Valves logoChemtech Industrial ValvesCHEMTECH9233.90.840.7−17.3%−65.6%2.7%−0.5%0.00%
T & I Global logoT & I GlobalTIGLOB8914.30.917.8+18.3%+2.1%6.6%2.9%0.00%
Somi Conveyor Beltings logoSomi Conveyor BeltingsSOMICONVEY8719.81.19.9−19.7%−25.6%5.6%8.0%0.00%
Shining Tools logoShining ToolsSHTL8722.43.414.0––15.0%15.6%0.00%
Ducon Infratechnologies logoDucon InfratechnologiesDUCON737.3––−9.3%−26.4%6.0%7.7%0.00%
Cenlub Industries logoCenlub IndustriesCENLUB729.01.08.6+13.1%+0.9%11.8%9.8%0.00%
Shantai Industries logoShantai IndustriesSHANTAI71–11.1–−76.6%−631.5%−19.0%−21.9%0.00%
Cranex logoCranexCRANEX7028.0––+9.1%+25.6%9.8%8.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.25 a share, year to Mar 2022.
Ex-dateTypePer share
20 Aug 2021Interim₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Maestros Electronics & Telecommunications Systems share price by year

Each calendar year to 2025.Maestros Electronics & Telecommunications Systems share price history

YearClose at year endChangeHighest closeLowest close
202565.98−44.4%124.7855.35
2024118.75+138.6%118.7548.20
202349.76+54.5%58.0621.75
202232.20−9.0%35.1823.23
202135.40−32.3%57.4522.30
202052.30+45.4%72.5525.75
201935.98+49.0%38.1319.75
201824.15+113.2%25.359.45
201711.33+2.3%20.308.58
201611.08−34.1%19.737.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202673.2579.0072.6577.7073.1321,976
22 Oct 202680.4580.4576.4576.4576.488,652
21 Oct 202684.0085.0080.4580.4580.969,102
19 Oct 202684.6088.9084.5084.6584.8717,525
16 Oct 202688.9093.4088.9088.9090.4810,287
15 Oct 202693.5593.5589.1093.5592.8423,765
14 Oct 202682.1089.1081.6089.1086.7530,029
13 Oct 202684.9084.9084.9084.9084.903,976
12 Oct 202689.3589.3589.3589.3589.353,721
9 Oct 202694.0597.0594.0594.0594.1043,974
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
1 Oct 2026Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
MAESTROS ELECTRONICS & TELECOMMUNICATIONS SYSTEMS LTD
BSE code
538401
ISIN
INE318N01011
Industry
Industrial Manufacturing
Listed
Jun 2014
Face value
₹10
CIN
L74900MH2010PLC200254
Corporate identity number, the registrar of companies' code for it