Design / Fabless / IP

MosChip Technologies

MOSCHIPNSESmall Cap

Live₹229.5syncing…

Fabless semiconductor company with ASIC, SoC, IP and turnkey design services for global customers.

Market Cap

₹4.5k cr

Price

230

1Y 22%

Direct exposure

95/100

0–100 directness

Hold / Watchlist

Fundamental

59/ 100

Quality of growth, returns, cash conversion and balance sheet

Technical (TQ-100)

82/ 100

Trend, momentum, volume and relative strength composite

Valuation

25/ 100

Higher = cheaper vs peers and own history

Final composite

63/ 100

Blended decision input

Data transparency

What's real, what's pending, on this page

Real financials loaded

✓ Real / verified

· Live price, day change, market cap — NSE direct
· 1Y OHLCV, RSI(14), 50/200 DMA, 1M/3M/1Y returns, RS vs Nifty — computed from real NSE OHLCV
· Sector P/E — NSE direct
· Promoter %, pledge %, MF/FII/public split, 9-quarter history — Trendlyne
· Earnings call AI summaries — Trendlyne (where available)
· Technical (TQ-100) score — computed from real OHLCV
· Annual revenue / EBITDA / PAT / OCF / FCF / equity / assets — Trendlyne (audited annuals)

⚠ Analyst-set (qualitative)

· Segment classification + semicon directness score — analyst seed
· Bull/bear case + monitorables (curated thesis) — analyst seed
· Governance risk score (seed) — being replaced by AI-agent assessment
· Synthesized 5Y forecast removed entirely (was inaccurate)

Real financials extracted for 42 of 45 companies. See /data-sources for full provenance.

MosChip Technologies · MOSCHIP

₹229.5+20.27% over 6M

Price50 DMA200 DMA

RSI (14)

Momentum oscillator · 6M view

Volume (60D)

Fundamental score (SageOne 100)

59/ 100B

Growth 20 / Margin 15 / ROC 20 / Cash 15 / Leverage 10 / Reinvestment 8 / Accounting 7 / Governance 5 minus red flags (capped -20).

Base 63

Red flags -4

Growth quality/ 20

20.0

Rev 1Y 73.1% · 3Y CAGR 47.2%

Margin & profitability/ 15

4.0

EBITDA 6.0% · PAT 7.5%

Return on capital/ 20

5.0

ROCE 9% · ROE 7%

Cash flow quality/ 15

12.6

OCF/EBITDA 108% · FCF yield -1.1%

Leverage discipline/ 10

8.7

Net Debt/EBITDA 0.40x

Reinvestment runway/ 8

2.4

ROCE × retention proxy

Accounting quality/ 7

7.0

OCF conversion proxy

Governance/ 5

3.5

Pledge 0.0% · Risk 30/100

Red flags (1)

− Sub-threshold ROCEROCE 9% below 12% threshold-4

✓ Computed from real Trendlyne annuals (revenue, EBITDA, PAT, OCF, equity).

Technical score (TQ-100)

82/ 100A

Computed from real 1Y OHLCV pulled from NSE direct: trend, momentum, volume, RS vs Nifty, MA cluster, mean reversion, volatility, patterns minus red flags.

Base 82

Trend structure/ 20

18.4

Above 200DMA · -20% from 52W high

Momentum velocity/ 15

15.0

RSI(14) 58 · 1M 6.0%

Volume dynamics/ 15

8.3

Bucket: Small Cap

Relative strength/ 15

9.5

RS vs Nifty 8%

MA cluster/ 10

10.0

200DMA + 1Y trend confirmation

Mean-reversion runway/ 10

9.0

RSI(14) 58; ideal 50-60

Volatility profile/ 8

4.8

Bucket: Small Cap

Pattern integrity/ 7

7.0

Trend continuation proxy

AI research agents

Re-classify segment exposure and re-assess governance risk by running fresh AI agents on the latest data. Results cache to data/agents.json.

Segment classifier

Maps to value-chain segments + computes 0-100 directness

Seed: Design / Fabless / IP · 95/100

Governance assessor

Forensic-accounting flags + 0-100 risk score

Seed: 30/100 risk

AI thesis

Generates a fresh thesis grounded in this company's data. Wires to Anthropic when ANTHROPIC_API_KEY is set, otherwise returns a deterministic mock.

Curated thesis

Analyst-set bull, bear and monitorables · use AI thesis above for a fresh take

Pure-play Indian fabless story with ISM 1.0 / DLI tailwinds, but profitability and execution still nascent.

Bull case

+Pure-play semiconductor design exposure
+DLI scheme beneficiary
+Long order book conversion

Bear case

−Low margins vs global fabless peers
−Equity dilution risk
−Execution concentration

Key monitorables

DLI milestone-linked disbursementsMargin trajectory FY26Customer wins in automotive / industrial

Semiconductor exposure

How direct, how visible

Primary segment

Design / Fabless / IP

All segments

Design / Fabless / IP

Exposure type

Direct

Policy beneficiary

Yes

Import substitution

High

Governance risk score

30/100 (lower = better)

Financial snapshot

Latest reported metrics · mock data, ready for live financials

Rev growth (1Y)

73.1%

Rev CAGR (3Y)

47.2%

EBITDA margin

6.0%

PAT margin

7.5%

ROCE

ROE

OCF / EBITDA

108%

Net Debt / EBITDA

0.4x

Promoter holding

40.8%

Promoter pledge

0.0%

Valuation

P/E (TTM)

112.6

Forward P/E

70.0

EV/EBITDA

191.2

EV/Sales

11.4

P/B

10.0

FCF Yield

-1.1%

Dividend Yield

0.00%

Hist. percentile

60%

Peer percentile

85%

Technicals

RSI(14)

1M return

6.0%

1Y return

22%

From 52W high

-20%

RS vs Nifty

>200 DMA

Yes

Annual financials — real data

Extracted from Trendlyne · audited annuals · TTM + last 6 fiscal years

✓ Real

Line	TTM	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	₹490 cr	₹391 cr	₹226 cr	₹176 cr	₹123 cr	₹88 cr	₹66 cr
↳ YoY growth	+25.1%	+73.1%	+28.7%	+43.1%	+40.3%	+31.8%	—
EBITDA	₹48 cr	₹23 cr	₹24 cr	₹23 cr	₹11 cr	₹-7 cr	₹-12 cr
↳ EBITDA margin	9.8%	6.0%	10.7%	12.9%	9.0%	-8.0%	-17.3%
PAT	₹30 cr	₹29 cr	₹6 cr	₹5 cr	₹5 cr	₹-2 cr	₹-27 cr
↳ PAT margin	6.2%	7.5%	2.7%	3.0%	4.4%	-2.2%	-41.1%
OCF	₹91 cr	₹25 cr	₹15 cr	₹10 cr	₹8 cr	₹-11 cr	₹-24 cr
↳ OCF / EBITDA	188.4%	107.7%	61.7%	43.6%	70.3%	161.4%	207.0%
FCF (= OCF − capex)	₹75 cr	₹-50 cr	₹-2 cr	₹6 cr	₹7 cr	₹-12 cr	₹-27 cr
Total Equity	—	—	—	—	—	—	—
Total Assets	₹431 cr	₹367 cr	₹212 cr	₹167 cr	₹176 cr	₹174 cr	₹180 cr
↳ ROE	—	—	—	—	—	—	—
↳ ROA	7.0%	8.0%	2.9%	3.2%	3.1%	-1.1%	-15.2%

Source: Trendlyne (Standalone where Consolidated unavailable). Last refresh on real-data ingest.

Promoter pledge & shareholding history

From Trendlyne · 9 quarters · synced Invalid Date

Pledge: 0.0%

Promoter

39.8%

Mutual Funds

0.0%

FII

0.4%

Public

59.7%

Promoter holding trend

46.1

Mar

44.6

Jun

44.5

Sep

44.5

Dec

44.5

Mar

44.3

Jun

41.7

Sep

41.0

Dec

39.8

Mar

Δ:-6.3% over 9 quartersWatch — meaningful dilution

Commentary

·Promoter holding has steadily declined from 46.1% to 39.8% over 9 quarters
·No promoter pledge
·Mostly retail-held stock (59.7% public)

Management quality

Capital allocation, debt discipline, alignment, governance composite. Computed from disclosed metrics.

Capital allocation

Sub-threshold ROCE; capital allocation needs scrutiny.

ROCE 9%, div yield 0.0%

Promoter holding

Moderate promoter holding.

40.8%

Promoter pledge

No pledging — cleanest signal.

0.0%

Debt discipline

Comfortable leverage band.

Net Debt/EBITDA 0.40x

Cash conversion

Reported EBITDA reliably translates into cash.

OCF/EBITDA 108%

Governance composite

Multiple yellow flags — confirm with disclosures.

30/100 risk

Variant perception

What the market is pricing in versus our read, and what would invalidate the thesis.

What the market is pricing in

Steady but unspectacular execution. Multiples reflect mid-pack expectations.

What we think it's missing

Direct semiconductor exposure with strong policy alignment is structurally underestimated until project milestones materialize. Re-rating likely to be event-driven, not linear.

Thesis killers

×Project execution slip beyond stated commissioning date
×Auditor change, CFO exit, or RPT disclosure that requires explanation

References

Wire to live data sources in production

NSE filings Screener BSE corporate filings Annual report (latest)Concall transcript (latest)Investor presentation