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 779
- Book Value ₹ 16.8
- Dividend Yield 0.02 %
- ROCE -1.08 %
- ROE -4.49 %
- 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 15.5 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.10% over last 3 years.
- Company has high debtors of 667 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.13 | 0.03 | 0.12 | 0.00 | 0.12 | 0.20 | 0.10 | 4.81 | 4.38 | 6.97 | |
| 0.15 | 0.15 | 0.11 | 0.11 | 0.13 | 0.12 | 0.13 | 2.92 | 5.14 | 8.22 | |
| Operating Profit | -0.02 | -0.12 | 0.01 | -0.11 | -0.01 | 0.08 | -0.03 | 1.89 | -0.76 | -1.25 |
| OPM % | -15.38% | -400.00% | 8.33% | -8.33% | 40.00% | -30.00% | 39.29% | -17.35% | -17.93% | |
| 0.04 | 0.14 | 0.01 | 0.01 | 0.02 | 0.13 | 0.05 | 2.07 | 1.52 | 1.67 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.09 | 0.03 |
| Depreciation | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.94 | 1.23 | 0.41 |
| Profit before tax | 0.01 | 0.02 | 0.01 | -0.11 | 0.00 | 0.20 | 0.02 | 2.97 | -0.56 | -0.02 |
| Tax % | 100.00% | 50.00% | 0.00% | 0.00% | 15.00% | 0.00% | 21.21% | 196.43% | ||
| 0.01 | 0.02 | 0.01 | -0.10 | 0.00 | 0.17 | 0.01 | 2.34 | -1.66 | 0.85 | |
| EPS in Rs | 0.01 | 0.02 | 0.01 | -0.11 | 0.00 | 0.18 | 0.01 | 2.47 | -0.68 | 0.33 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 180% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 547% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 159% |
| 3 Years: | 190% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | -4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 9.48 | 24.48 | 24.48 |
| Reserves | -2.69 | -2.68 | -2.67 | -2.77 | -2.77 | -2.60 | -2.70 | 21.96 | 18.00 | 18.38 |
| 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 6.57 | 6.51 | 2.48 | |
| 0.02 | 0.15 | 0.19 | 0.15 | 0.14 | 0.17 | 0.03 | 2.04 | 3.78 | 2.68 | |
| Total Liabilities | 6.90 | 7.04 | 7.09 | 6.95 | 6.94 | 7.05 | 6.81 | 40.05 | 52.77 | 48.02 |
| 0.12 | 0.13 | 0.12 | 0.11 | 0.10 | 0.10 | 0.09 | 12.57 | 17.05 | 19.05 | |
| CWIP | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 1.70 | 3.09 | 3.59 |
| Investments | 1.33 | 1.33 | 1.33 | 0.88 | 0.88 | 0.89 | 0.89 | 7.28 | 0.89 | 1.10 |
| 5.44 | 5.57 | 5.63 | 5.95 | 5.95 | 6.05 | 5.83 | 18.50 | 31.74 | 24.28 | |
| Total Assets | 6.90 | 7.04 | 7.09 | 6.95 | 6.94 | 7.05 | 6.81 | 40.05 | 52.77 | 48.02 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 5.73 | 0.04 | 0.06 | -0.32 | 0.14 | -0.10 | -0.09 | -0.66 | -12.94 | |
| -0.55 | -0.01 | 0.00 | 0.45 | 0.00 | -0.01 | 0.00 | -17.78 | -0.71 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 | 19.69 | 12.58 | |
| Net Cash Flow | 5.18 | 0.04 | 0.06 | 0.13 | 0.14 | -0.20 | -0.09 | 1.25 | -1.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 421.15 | 2,068.33 | 517.08 | 212.92 | 200.75 | 255.50 | 385.49 | 666.67 | |
| Inventory Days | 0.00 | 0.00 | 0.00 | ||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 421.15 | 2,068.33 | 517.08 | 212.92 | 200.75 | 255.50 | 385.49 | 666.67 | |
| Working Capital Days | 14,319.23 | 63,023.33 | 15,086.67 | 15,573.33 | 10,037.50 | 20,476.50 | 624.52 | 1,030.00 | |
| ROCE % | 0.29% | 0.15% | -1.61% | 0.00% | 2.92% | 0.29% | 13.49% | -1.08% |
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.
9m - Postal ballot to increase authorized capital by Rs2 crore and change name to JOJO Limited; e-voting Feb 5–Mar 7, 2026.
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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.
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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.
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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
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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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.