Madhuveer Com 18 Network Ltd
Incorporated in 1995, Madhuveer Com 18 Network Ltd is in the business of event and media management[1]
- Market Cap ₹ 662 Cr.
- Current Price ₹ 260
- High / Low ₹ 295 / 138
- Stock P/E 656
- Book Value ₹ 17.1
- Dividend Yield 0.02 %
- ROCE 4.42 %
- ROE 3.39 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Promoter holding has increased by 1.31% over last quarter.
Cons
- Stock is trading at 15.2 times its book value
- Company has a low return on equity of 7.37% over last 3 years.
- Company has high debtors of 744 days.
- Working capital days have increased from 3,073 days to 6,166 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.00 | 0.11 | 0.13 | 0.03 | 0.12 | 0.00 | 0.12 | 0.20 | 0.10 | 2.22 | 1.79 | 4.24 | |
| 0.06 | 0.04 | 0.10 | 0.15 | 0.15 | 0.10 | 0.10 | 0.12 | 0.10 | 0.12 | 0.54 | 0.86 | 2.93 | |
| Operating Profit | -0.04 | -0.04 | 0.01 | -0.02 | -0.12 | 0.02 | -0.10 | 0.00 | 0.10 | -0.02 | 1.68 | 0.93 | 1.31 |
| OPM % | -200.00% | 9.09% | -15.38% | -400.00% | 16.67% | 0.00% | 50.00% | -20.00% | 75.68% | 51.96% | 30.90% | ||
| 0.03 | 0.02 | 0.00 | 0.03 | 0.13 | 0.00 | 0.00 | 0.01 | 0.11 | 0.04 | 2.02 | 0.54 | 0.02 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.07 | 0.03 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.11 | 0.20 |
| Profit before tax | -0.01 | -0.02 | 0.01 | 0.00 | 0.01 | 0.01 | -0.11 | 0.00 | 0.20 | 0.02 | 3.68 | 1.29 | 1.10 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 15.00% | 0.00% | 25.27% | 23.26% | |||
| -0.01 | -0.02 | 0.01 | 0.00 | 0.01 | 0.01 | -0.11 | 0.00 | 0.17 | 0.01 | 2.75 | 1.00 | 1.01 | |
| EPS in Rs | -0.02 | -0.04 | 0.03 | 0.00 | 0.01 | 0.01 | -0.12 | 0.00 | 0.18 | 0.01 | 2.90 | 0.41 | 0.41 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.72% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 108% |
| TTM: | 105% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 62% |
| 3 Years: | 81% |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 159% |
| 3 Years: | 190% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.66 | 3.66 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 24.48 | 24.48 |
| Reserves | -3.30 | -3.32 | -2.71 | -2.71 | -2.70 | -2.69 | -2.79 | -2.79 | -2.63 | -2.73 | 13.18 | 11.87 | 19.13 |
| 0.13 | 0.13 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 1.37 | 1.19 | 0.00 | |
| 0.00 | 0.02 | 0.02 | 0.02 | 0.15 | 0.17 | 0.14 | 0.13 | 0.17 | 0.03 | 1.32 | 0.86 | 1.62 | |
| Total Liabilities | 0.49 | 0.49 | 6.88 | 6.88 | 7.02 | 7.05 | 6.92 | 6.91 | 7.02 | 6.78 | 25.35 | 38.40 | 45.23 |
| 0.00 | 0.00 | 0.00 | 0.12 | 0.13 | 0.12 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.80 | 2.18 | |
| CWIP | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.06 | 0.06 |
| Investments | 0.00 | 0.00 | 6.42 | 6.42 | 6.42 | 6.42 | 6.42 | 6.42 | 6.42 | 6.42 | 6.43 | 6.45 | 21.45 |
| 0.48 | 0.48 | 0.45 | 0.33 | 0.46 | 0.50 | 0.38 | 0.38 | 0.49 | 0.27 | 18.84 | 31.09 | 21.54 | |
| Total Assets | 0.49 | 0.49 | 6.88 | 6.88 | 7.02 | 7.05 | 6.92 | 6.91 | 7.02 | 6.78 | 25.35 | 38.40 | 45.23 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.02 | -0.09 | -0.55 | 0.04 | 0.06 | -0.06 | 0.10 | 0.15 | -0.07 | -14.39 | -11.79 | |
| 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | -0.90 | |
| 0.02 | 0.01 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | 14.51 | 12.48 | |
| Net Cash Flow | 0.02 | 0.00 | 0.08 | -0.55 | 0.03 | 0.06 | -0.06 | 0.10 | 0.06 | -0.07 | 0.10 | -0.21 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,277.50 | 564.09 | 421.15 | 2,068.33 | 517.08 | 212.92 | 200.75 | 255.50 | 429.12 | 744.27 | ||
| Inventory Days | 0.00 | 0.00 | 0.00 | |||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1,277.50 | 564.09 | 421.15 | 2,068.33 | 517.08 | 212.92 | 200.75 | 255.50 | 429.12 | 744.27 | ||
| Working Capital Days | 4,380.00 | 199.09 | 112.31 | 1,460.00 | -273.75 | -456.25 | -54.75 | 219.00 | 2,832.86 | 6,166.26 | ||
| ROCE % | -2.11% | -4.17% | 0.27% | 0.00% | 0.15% | 0.15% | -1.61% | 0.00% | 2.93% | 0.29% | 23.98% | 4.42% |
Documents
Announcements
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Postal Ballot Notice For Shareholders Approval Pertaining To Increase In Authorized Capital Of The Company And Change Of Name Of The Company.
16m - Postal ballot to increase authorized capital by Rs2 crore and change name to JOJO Limited; e-voting Feb 5–Mar 7, 2026.
-
Announcement under Regulation 30 (LODR)-Change of Company Name
31 Jan - MCA approved availability of new name 'JOJO LIMITED' on 31-Jan-2026; shareholder postal ballot planned.
-
Appointment of Company Secretary and Compliance Officer
19 Jan - Authorized capital raised from Rs.36,00,00,000 to Rs.38,00,00,000; postal ballot; CS Pushti Rajani appointed Jan 19, 2026.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Monday, January
19, 2026
19 Jan - Board increased authorized capital from Rs36 crore to Rs38 crore; postal ballot; CS Pushti Rajani appointed 19 Jan 2026.
-
Board Meeting Intimation for Intimation Of Board Meeting For Increase In Authorized Share Capital
16 Jan - Board meeting on 19 Jan 2026 to increase authorized capital from Rs36cr to Rs38cr; postal ballot notice.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
Madhuveer operates in the entertainment sector, focusing on film production, buying and selling of films, and event management. The company collaborates with well-known movies and media firms, primarily in the Gujarati film industry, with plans to expand into Bollywood and international markets.