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Change
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Day Open
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Day High
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Day Low
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NSE Close — 25 Sep 2026
₹7.52
Change
-0.07 (-0.92%)
Open
₹7.41
Prev. Close
₹7.59
Day High
₹7.86
Day Low
₹7.36
Volume Analysis
Traded
80,667
Delivered
61,055
Delivery %
75.69%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹8.3 | ₹8.08 | ₹7.8 | ₹7.58 | ₹7.3 | ₹7.08 | ₹6.8 |
| Fibonacci | ₹8.08 | ₹7.89 | ₹7.77 | ₹7.58 | ₹7.39 | ₹7.27 | ₹7.08 |
| Camarilla | ₹7.66 | ₹7.61 | ₹7.57 | ₹7.58 | ₹7.47 | ₹7.43 | ₹7.38 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
-2.84%
1 Month
-8.4%
3 Months
-12.15%
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹14.21
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
10.86%
Net margin 5.17% × asset turnover 0.83x × equity multiplier 2.53x
Company Overview
Sector
Construction
Market Cap
₹203 Cr
P/E (TTM)
7.75
ROE
10.7%
Book Value
₹8.89
Face Value
₹1.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Madhav Infra Projects L lands in the middle of the pack on TopFund's composite fundamentals check within the Construction sector, at 51/100. The strongest factor is Risk & Volatility (82/100), while Momentum (15/100) is the weakest area to weigh before deciding.
TopFund Score — Fundamentals Quality
51/100 — AverageData confidence: 76/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is trading at 0.85 times its book value
- −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.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
33rd AGM on 30 Sep 2026 via VC/OAVM; seeks ₹1,000 crore borrowing, ₹700 crore guarantees, RPT approvals.
Book closure from 24-30 September 2026 for 33rd AGM; remote e-voting 27-29 September 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| 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 | 98 | 88 | 151 | 68 | 87 | 147 | 308 | 88 | 107 | 54 | 254 | 88 |
| Expenses + | 105 | 83 | 72 | 142 | 51 | 74 | 132 | 286 | 70 | 91 | 49 | 233 | 73 |
| Operating Profit | 19 | 14 | 16 | 9 | 17 | 13 | 15 | 22 | 17 | 16 | 5 | 21 | 15 |
| 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 + | 1 | 3 | 1 | 2 | 1 | 2 | 1 | 2 | 3 | 8 | 2 | 2 | 2 |
| Interest | 6 | 6 | 6 | 5 | 6 | 6 | 8 | 7 | 8 | 8 | 7 | 3 | 6 |
| Depreciation | 4 | 4 | 4 | 4 | 3 | 3 | 5 | 4 | 3 | 3 | 3 | 4 | 3 |
| Profit before tax | 9 | 7 | 7 | 1 | 8 | 5 | 4 | 13 | 9 | 14 | -4 | 17 | 8 |
| 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 + | 8 | 8 | 5 | 3 | 7 | 4 | 3 | 11 | 7 | 12 | -4 | 12 | 6 |
| EPS in Rs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| 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 % | 11.0% | 31.0% | 30.0% | 27.0% | 22.0% | 22.0% | 13.0% | 11.0% | 11.0% | 13.0% | 11.0% | 13.0% | 11.0% |
| 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 |
| Profit before tax | 13 | 15 | 14 | 8 | 6 | 16 | -15 | 9 | 48 | 25 | 30 | 36 | 35 |
| Tax % | 31.0% | 33.0% | 23.0% | -1.0% | 20.0% | 74.0% | -20.0% | 29.0% | 24.0% | 10.0% | 18.0% | 24.0% | — |
| Net Profit + | 9 | 10 | 11 | 8 | 5 | 3 | -13 | 6 | 36 | 23 | 25 | 27 | 26 |
| EPS in Rs | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 26 | 26 | 27 | 27 | 27 | 27 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 4 | 102 | 79 | 101 | 29 | 2 | 100 | -8 | 73 | 65 | 75 | 32 |
| Cash from Investing Activity + | -31 | -277 | -79 | -66 | 155 | 1 | -42 | 66 | -18 | -4 | -25 | -31 |
| Cash from Financing Activity + | 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 |
| CFO/OP | 28 | 130 | 69 | 100 | 47 | -1 | 269 | 2 | 119 | 127 | 127 | 64 |
| Free Cash Flow | -32 | -251 | 14 | 31 | 236 | -6 | 74 | 52 | 35 | 57 | 67 | 32 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 31.0% | 31.01% | 31.18% | 31.18% | 31.18% | 31.18% | 31.18% | 31.18% | 31.19% | 31.18% | 31.17% | 31.15% |
| Promoters | 69.0% | 68.98% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% | 68.81% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.04% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Construction — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Madhav Infra Projects L (this stock) | 203 | 7.75 | 0.85 | 10.7% |
| Niraj Cement Struc Ltd | 168 | 7.08 | 0.63 | 8.3% |
| Globe Civil Projects Ltd | 259 | 10.2 | 1.09 | 13.7% |
| S A B Industries Ltd. | 259 | — | 0.75 | -0.81% |
| A2z Infra Engineering Ltd | 262 | 61.9 | 5.23 | 15.4% |
| Tarmat Limited | 140 | 19.8 | 0.75 | 3.47% |
| R.p.p Infra Projects Ltd | 266 | 128.0 | 0.5 | 1.74% |
Which Mutual Funds Hold Madhav Infra Projects L?
Frequently Asked Questions about Madhav Infra Projects L
Madhav Infra Projects L (MADHAVIPL) closed at ₹7.52 on NSE on 25 September 2026, down 0.07 (0.92%) from the previous close.
Madhav Infra Projects L trades on the NSE (National Stock Exchange of India) under the symbol MADHAVIPL.
Madhav Infra Projects L has a trailing twelve-month P/E (price-to-earnings) ratio of 7.75.
Madhav Infra Projects L has a dividend yield of 0.0%.
Madhav Infra Projects L's 52-week high is ₹12.3 and its 52-week low is ₹6.65.
Madhav Infra Projects L has a market capitalisation of ₹203 crore.
Madhav Infra Projects L has a TopFund Quality Score of 51/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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