Madhav Infra Projects
- P/E
- 7.05
Key Fundamentals
MicrocapConstructionIndustrialsPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 15.00%
- Debt to Equity
- 0.69
- EPS (TTM)
- ₹0.97
- Book Value
- ₹9.26
- Market Cap
- —
- P/E (TTM)
- 7.05
- P/B
- 0.74
- ROE
- 10.70%
- Dividend Yield
- 0.00%
- EBITDA
- ₹74.60 Cr
- 52W High
- ₹12.30
- 52W Low
- ₹6.51
- Day Range
- ₹6.67 – ₹6.85
- Volume
- 48,268
Peer Comparison
Industrials › Construction › Civil Construction
| ₹3,944.40 | 30.37 | ₹5,47,193 Cr | 4.80 | 0.96% | 15.90% | 14.60% | ₹3,00,904 Cr | ₹20,895 Cr | |
| ₹191.23 | 44.37 | ₹39,292 Cr | 4.06 | 0.93% | 9.02% | 10.80% | ₹20,825 Cr | ₹897 Cr | |
| ₹1,310.10 | 37.40 | ₹23,549 Cr | 6.36 | 0.24% | 27.80% | 32.80% | ₹10,205 Cr | ₹602 Cr | |
| ₹1,366.10 | 20.52 | ₹22,726 Cr | 3.00 | 0.83% | 13.70% | 18.30% | ₹27,380 Cr | ₹1,129 Cr | |
| ₹77.74 | 28.37 | ₹20,666 Cr | 6.95 | 0.20% | 20.40% | 29.30% | ₹12,756 Cr | ₹766 Cr | |
| ₹16.79 | 21.25 | ₹19,929 Cr | 0.94 | 0.31% | 4.29% | 7.47% | ₹7,686 Cr | ₹954 Cr | |
| ₹300.85 | 21.55 | ₹16,653 Cr | 5.06 | 0.52% | 23.40% | 30.40% | ₹3,878 Cr | ₹784 Cr | |
| Madhav Infra Projects (this company) | ₹6.84 | 7.05 | ₹183 Cr | 0.74 | 0.00% | 10.70% | 15.00% | ₹503 Cr | ₹26 Cr |
| Median 8 companies | ₹246.04 | 24.96 | ₹21,696 Cr | 4.43 | 0.42% | 14.80% | 16.65% | ₹11,481 Cr | ₹841 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 66
- Strong
- Returns, margins, earnings quality 22% weight
- Valuation
- 77
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 12
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 31
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 23
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Stock is trading at 0.83 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.5% over last 3 years.
- Contingent liabilities of Rs.301 Cr.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 13 | 5 | 1 |
| Oscillators | Bearish | 3 | 5 | 1 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bearish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 37.04
- Neutral
- MACD (12,26,9)
- −0.18
- Bearish
- SMA (50)
- 7.45
- Bearish
- SMA (200)
- 8.33
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +6.88% |
|---|---|
| 5Y | +12.87% |
| 3Y | −0.72% |
| 1Y | −17.70% |
| TTM | −20.15% |
Net profit
| 10Y | +10.44% |
|---|---|
| 5Y | Turned to profit |
| 3Y | −9.14% |
| 1Y | +8.00% |
| TTM | +1.37% |
Operating cash flow
| 10Y | −10.95% |
|---|---|
| 5Y | −20.38% |
| 3Y | −24.04% |
| 1Y | −57.33% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −17.86 pp |
|---|---|
| 5Y | +0.38 pp |
| 3Y | +1.84 pp |
| 1Y | +2.17 pp |
| TTM | +0.68 pp |
Revenue by year
| Mar 2017 | ₹399 Cr |
|---|---|
| Mar 2018 | ₹385 Cr |
| Mar 2019 | ₹326 Cr |
| Mar 2020 | ₹204 Cr |
| Mar 2021 | ₹274 Cr |
| Mar 2022 | ₹460 Cr |
| Mar 2023 | ₹513 Cr |
| Mar 2024 | ₹460 Cr |
| Mar 2025 | ₹610 Cr |
| Mar 2026 | ₹502 Cr |
Net profit by year
| Mar 2017 | ₹11.00 Cr |
|---|---|
| Mar 2018 | ₹8.00 Cr |
| Mar 2019 | ₹5.00 Cr |
| Mar 2020 | ₹3.00 Cr |
| Mar 2021 | −₹13.00 Cr |
| Mar 2022 | ₹6.00 Cr |
| Mar 2023 | ₹36.00 Cr |
| Mar 2024 | ₹23.00 Cr |
| Mar 2025 | ₹25.00 Cr |
| Mar 2026 | ₹27.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 124 | 97.57 | 87.78 | 151 | 67.89 | 86.77 | 147 | 308 | 87.54 | 107 | 53.7 | 254 | 88.37 |
| Expenses | 105 | 83.44 | 71.56 | 142 | 51.36 | 74.08 | 132 | 286 | 70.46 | 90.55 | 49.01 | 233 | 72.92 |
| Operating Profit | 18.79 | 14.13 | 16.22 | 9.18 | 16.53 | 12.69 | 15.13 | 22.43 | 17.08 | 16.27 | 4.69 | 20.79 | 15.45 |
| OPM % | 15.12% | 14.48% | 18.48% | 6.09% | 24.35% | 14.62% | 10.27% | 7.28% | 19.51% | 15.23% | 8.73% | 8.18% | 17.48% |
| Other Income | 0.66 | 3 | 0.79 | 1.68 | 0.91 | 2.18 | 0.86 | 2.4 | 2.99 | 8.42 | 1.88 | 2.37 | 1.76 |
| Interest | 6.36 | 6.28 | 6 | 5.2 | 5.99 | 6.45 | 7.82 | 7.36 | 7.72 | 7.57 | 6.9 | 3.15 | 5.66 |
| Depreciation | 3.78 | 3.78 | 3.98 | 4.3 | 3.31 | 3.33 | 4.59 | 4.07 | 3.37 | 3.33 | 3.33 | 3.5 | 3.22 |
| PBT | 9.31 | 7.07 | 7.03 | 1.36 | 8.14 | 5.09 | 3.58 | 13.4 | 8.98 | 13.79 | −3.66 | 16.51 | 8.33 |
| Tax % | 17.29% | 11.32% | 21.62% | −99.26% | 17.81% | 17.88% | 29.89% | 14.7% | 16.7% | 9.72% | 16.39% | 30.41% | 24.85% |
| Net Profit | 7.55 | 7.96 | 4.62 | 2.76 | 6.8 | 4.18 | 2.51 | 11.43 | 7.48 | 12.46 | −4.26 | 11.5 | 6.25 |
| EPS (₹) | 0.31 | 0.26 | 0.13 | 0.1 | 0.25 | 0.15 | 0.1 | 0.45 | 0.28 | 0.47 | −0.16 | 0.43 | 0.23 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 272 | 258 | 399 | 385 | 326 | 204 | 274 | 460 | 513 | 460 | 610 | 502 | 503 |
| Expenses | 241 | 178 | 279 | 280 | 254 | 158 | 239 | 409 | 455 | 402 | 543 | 436 | 446 |
| Operating Profit | 31 | 80 | 120 | 106 | 72 | 45 | 35 | 51 | 58 | 58 | 67 | 66 | 57 |
| OPM % | 11% | 31% | 30% | 27% | 22% | 22% | 13% | 11% | 11% | 13% | 11% | 13% | 11% |
| Other Income | 3 | 2 | 4 | 14 | 3 | 29 | 3 | 3 | 29 | 6 | 6 | 8 | 14 |
| Interest | 10 | 40 | 54 | 59 | 39 | 34 | 32 | 28 | 25 | 24 | 28 | 25 | 23 |
| Depreciation | 11 | 29 | 55 | 52 | 30 | 24 | 21 | 16 | 13 | 16 | 15 | 14 | 13 |
| PBT | 13 | 15 | 14 | 8 | 6 | 16 | −15 | 9 | 48 | 25 | 30 | 36 | 35 |
| Tax % | 31% | 33% | 23% | −1% | 20% | 74% | −20% | 29% | 24% | 10% | 18% | 24% | — |
| Net Profit | 9 | 10 | 11 | 8 | 5 | 3 | −13 | 6 | 36 | 23 | 25 | 27 | 26 |
| EPS (₹) | — | 0.38 | 0.42 | 0.3 | 0.2 | 0.15 | −0.49 | 0.24 | 1.26 | 0.8 | 0.92 | 1.01 | 0.97 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 26 | 26 | 27 | 27 | 27 | 27 |
| Reserves | 49 | 59 | 73 | 68 | 70 | 84 | 53 | 72 | 140 | 162 | 186 | 213 |
| Borrowings | 150 | 416 | 479 | 521 | 344 | 335 | 303 | 255 | 207 | 153 | 160 | 165 |
| Other Liabilities | 151 | 76 | 126 | 144 | 147 | 70 | 125 | 140 | 200 | 159 | 274 | 201 |
| Total Liabilities | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 501 | 647 | 606 |
| Fixed Assets | 69 | 393 | 399 | 385 | 208 | 175 | 185 | 96 | 132 | 127 | 121 | 149 |
| CWIP | 0 | 0 | 3 | 25 | 0 | 0 | 0 | 0 | 7 | 3 | 3 | 0 |
| Investments | 98 | 24 | 30 | 31 | 31 | 38 | 32 | 30 | 31 | 21 | 21 | 21 |
| Other Assets | 189 | 140 | 252 | 300 | 329 | 282 | 290 | 366 | 404 | 349 | 501 | 436 |
| Total Assets | 356 | 557 | 684 | 740 | 568 | 495 | 506 | 492 | 574 | 501 | 647 | 606 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 4 | 102 | 79 | 101 | 29 | 2 | 100 | −8 | 73 | 65 | 75 | 32 |
| Investing | −31 | −277 | −79 | −66 | 155 | 1 | −42 | 66 | −18 | −4 | −25 | −31 |
| Financing | 35 | 186 | −2 | −21 | −212 | −20 | −73 | −64 | −33 | −79 | −27 | −20 |
| Net Cash Flow | 8 | 11 | −2 | 13 | −27 | −18 | −14 | −6 | 22 | −17 | 23 | −19 |
| Free Cash Flow | −32 | −251 | 14 | 31 | 236 | −6 | 74 | 52 | 35 | 57 | 67 | 32 |
| CFO/OP | 28 | 130 | 69 | 100 | 47 | −1 | 269 | 2 | 119 | 127 | 127 | 64 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 70 | 53 | 65 | 123 | 149 | 113 | 90 | 117 | 78 | 53 | 79 |
| Inventory Days | 102 | 17 | 190 | 200 | 218 | 339 | 273 | 222 | 167 | 163 | 85 | 101 |
| Days Payable | 183 | 94 | 295 | 228 | 204 | 211 | 187 | 202 | 279 | 222 | 130 | 123 |
| Cash Conversion Cycle | −71 | −6 | −51 | 37 | 138 | 277 | 199 | 109 | 5 | 20 | 9 | 58 |
| Working Capital Days | −29 | −74 | −13 | −18 | 51 | 132 | 88 | 108 | 54 | 76 | 20 | 48 |
| ROCE % | — | 15% | 13% | 11% | 9% | 12% | 4% | 10% | 13% | 13% | 16% | 15% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Madhav Infra Projects insights
58 extracted metrics across FY15–FY27.
Documents
- 18 Aug 2025
- 10 Sep 2024
- 7 Aug 2023
- 28 Sep 2022
- 3 Sep 2021
- General announcements 22 Oct 2026
Frequently Asked Questions about Madhav Infra Projects
What does Madhav Infra Projects Ltd do?
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What is the 52-week high and low of Madhav Infra Projects Ltd?
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Company Information
Incorporated in 2010, Madhav Infra Projects Ltd is in the business of Infrastructure Development and Solar Power generation
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