1:10 Stock Split: Small Cap Stock Gains 300% In 1Y But Slip 63% YTD; Do You Own It?

Mehai Technology, a company engaged in the trading and distribution sector, has announced a 1:10 stock split. The record date for the stock split has also been set by the company's board. Despite this corporate action, the stock took a hit, dropping 5% in today's session. In 2025 alone, Mehai Technology shares have nosedived 63%, though they still boast a staggering 300% gain over the past year.

Mehai Technology Stock Split Details

In an exchange filing, the company's board confirmed the stock split, stating, "For determining the entitlement of equity shareholders, the existing equity shares of face value Rs. 10 each will be subdivided into 10 equity shares of Rs. 1 each, fully paid-up. The company has fixed Friday, March 14, 2025, as the 'Record Date' for this stock split."

Mehai Technology Share Price:

Mehai Technology shares closed in the red today, declining by 4.97% to settle at Rs.105.25. The stock has faced significant pressure in recent weeks, dropping 18.47% in the last five trading sessions. Over the past month, Mehai Technology shares have seen a sharp correction, tumbling 54.56%.

Despite the recent downturn, the stock has delivered remarkable returns over a longer timeframe. While it has lost 63.76% so far in 2025, Mehai Technology shares have posted an impressive 65.31% gain in the last six months. Over the past year, the stock has skyrocketed by 317.66%, rewarding investors with substantial returns.

Mehai Technology Q3 financials

Mehai Technology reported a strong financial performance in Q3, with total income surging 439.81% YoY to Rs. 55.10 crore from ₹10.21 crore in the previous year. Total expenses also saw a sharp increase of 428.53% YoY to Rs.46.53 crore. EBIT rose significantly by 510.67% YoY to Rs. 8.56 crore, while EBIT margin improved to 15.54% from 13.74% a year ago. Profit after tax (PAT) soared 579.73% YoY to Rs.5.46 crore, reflecting strong bottom-line growth, while net profit margin expanded to 9.91% from 7.87%. The company's earnings per share (EPS) stood at Rs.1.88, highlighting a robust financial turnaround despite quarterly fluctuations in growth percentages.

About Mehai Technology Ltd.

Established in 2013, Mehai Technology Ltd operates in the electronics and trading sector. The company specializes in the distribution and retail of electronic items, catering to a wide range of consumer needs. The company's portfolio includes a diverse range of products, from home appliances to consumer electronics, ensuring accessibility and affordability for its customer base.
Mehai Technology has expanded its operations in the competitive electronics sector. Currently, Mehai Technology has a market capitalization of approximately Rs.312.70 crore.