Mahaveer Infoway Ltd
Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services[1]
- Market Cap ₹ 6.63 Cr.
- Current Price ₹ 12.0
- High / Low ₹ 15.9 / 6.44
- Stock P/E 10.4
- Book Value ₹ 8.48
- Dividend Yield 0.00 %
- ROCE 17.4 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 50.0 to 15.4 days.
Cons
- Company has a low return on equity of 2.64% over last 3 years.
- Earnings include an other income of Rs.1.23 Cr.
- Working capital days have increased from 316 days to 475 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55.96 | 25.81 | 11.04 | 2.28 | 1.68 | 2.20 | 1.24 | 3.04 | 4.11 | 5.41 | 2.73 | 2.61 | |
| 61.21 | 29.74 | 14.39 | 2.43 | 2.29 | 2.35 | 1.26 | 2.58 | 3.57 | 5.85 | 2.59 | 2.83 | |
| Operating Profit | -5.25 | -3.93 | -3.35 | -0.15 | -0.61 | -0.15 | -0.02 | 0.46 | 0.54 | -0.44 | 0.14 | -0.22 |
| OPM % | -9.38% | -15.23% | -30.34% | -6.58% | -36.31% | -6.82% | -1.61% | 15.13% | 13.14% | -8.13% | 5.13% | -8.43% |
| 6.31 | 4.67 | 3.63 | 0.18 | 0.42 | 0.00 | -0.14 | 0.00 | -0.55 | 0.29 | 0.28 | 1.23 | |
| Interest | 0.69 | 0.61 | 0.64 | 0.49 | 0.36 | 0.32 | 0.23 | 0.16 | 0.16 | 0.13 | 0.13 | 0.02 |
| Depreciation | 0.09 | 0.08 | 0.06 | 0.10 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.11 | 0.12 | 0.12 |
| Profit before tax | 0.28 | 0.05 | -0.42 | -0.56 | -0.64 | -0.56 | -0.46 | 0.23 | -0.23 | -0.39 | 0.17 | 0.87 |
| Tax % | 39.29% | -20.00% | 2.38% | 1.79% | 1.56% | -12.50% | 2.17% | 13.04% | 34.78% | 2.56% | 58.82% | 27.59% |
| 0.17 | 0.06 | -0.42 | -0.57 | -0.65 | -0.48 | -0.47 | 0.21 | -0.31 | -0.39 | 0.08 | 0.64 | |
| EPS in Rs | 0.31 | 0.11 | -0.76 | -1.03 | -1.18 | -0.87 | -0.85 | 0.38 | -0.56 | -0.71 | 0.15 | 1.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -20% |
| 5 Years: | 16% |
| 3 Years: | -14% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 32% |
| 3 Years: | 14% |
| TTM: | 700% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 30% |
| 3 Years: | 10% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 |
| Reserves | 1.46 | 1.52 | 1.10 | 0.54 | -0.11 | -0.59 | -1.06 | -0.85 | -1.17 | -1.56 | -1.48 | -0.84 |
| 5.80 | 5.87 | 5.52 | 4.00 | 3.36 | 3.63 | 2.93 | 1.98 | 1.35 | 1.72 | 1.51 | 0.00 | |
| 2.65 | 0.56 | 2.26 | 0.76 | 0.97 | 0.27 | 0.36 | 1.59 | 2.99 | 1.78 | 1.76 | 1.84 | |
| Total Liabilities | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.30 | 6.51 |
| 0.35 | 0.31 | 0.25 | 1.30 | 1.36 | 1.33 | 1.34 | 1.29 | 1.20 | 1.28 | 1.16 | 1.04 | |
| CWIP | 1.42 | 1.14 | 1.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.75 | 2.03 | 2.03 | 2.39 | 1.78 | 1.78 | 1.07 | 1.07 | 0.58 | 0.32 | 0.32 | 0.05 |
| 11.90 | 9.98 | 10.97 | 7.12 | 6.59 | 5.71 | 5.33 | 5.87 | 6.90 | 5.85 | 5.82 | 5.42 | |
| Total Assets | 15.42 | 13.46 | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.30 | 6.51 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.36 | 0.77 | 0.25 | 1.95 | 0.00 | 0.31 | -0.44 | 1.12 | 0.70 | -0.28 | -0.10 | -0.53 | |
| -0.77 | 0.00 | 0.12 | -0.36 | 0.55 | 0.00 | 0.72 | -0.02 | 0.50 | 0.34 | 0.28 | 0.56 | |
| -0.24 | -0.53 | -0.95 | -1.99 | -0.58 | -0.29 | -0.28 | -1.09 | -0.74 | -0.57 | -0.13 | -0.03 | |
| Net Cash Flow | 0.36 | 0.24 | -0.58 | -0.40 | -0.03 | 0.02 | 0.00 | 0.01 | 0.46 | -0.51 | 0.05 | 0.00 |
| Free Cash Flow | 0.49 | 1.02 | 0.25 | 1.94 | -0.17 | 0.31 | -0.44 | 1.10 | 0.70 | -0.46 | -0.10 | -0.53 |
| CFO/OP | -26% | -20% | -7% | -1,300% | 0% | -207% | 2,200% | 243% | 148% | 52% | -14% | 123% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 37.37 | 43.98 | 106.46 | 324.98 | 469.29 | 283.70 | 423.87 | 160.89 | 92.36 | 31.71 | 102.95 | 15.38 |
| Inventory Days | 16.93 | 36.49 | 128.70 | 425.83 | 335.45 | 399.35 | 600.80 | 369.17 | 305.22 | 116.28 | 365.00 | 547.50 |
| Days Payable | 11.71 | 4.10 | 63.29 | 79.08 | 67.79 | 38.65 | 80.75 | 0.00 | 15.73 | 22.61 | 10.14 | 15.21 |
| Cash Conversion Cycle | 42.59 | 76.36 | 171.86 | 671.73 | 736.95 | 644.41 | 943.92 | 530.06 | 381.84 | 125.38 | 457.81 | 547.67 |
| Working Capital Days | 18.78 | 36.91 | 90.26 | 368.20 | 475.80 | 283.70 | 571.05 | 261.74 | 174.95 | 150.45 | 322.22 | 475.48 |
| ROCE % | 7.76% | 5.14% | 1.76% | -0.63% | -2.98% | -2.77% | -1.00% | 5.56% | 9.25% | -4.58% | 5.35% | 17.43% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
- Outcome Of Board Meeting Held On 20Th May, 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (LODR) Regulations, 2015 1d
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Outcome Of Board Meeting Held On 20Th May, 2026 Under Regulation 30 Read With 33(3)(C)
Of SEBI (LODR) Regulations, 2015
1d - Board approved FY26 audited results; Q4 profit Rs46.19 lakh, appointed secretarial and internal auditors.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 20Th May, 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (LODR) Regulations, 2015
1d - Board approved audited FY26 results on 20 May 2026; appointed secretarial auditor and internal auditor.
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 20Th May, 2026 Under Regulation 29 (1) (A) Of SEBI (LODR) Regulations, 2015
15 May - Board meeting on 20 May 2026 to consider FY2026 financial results and auditors' report.
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Annual Disclosure Regarding Non-Applicability Of Large Corporate Framework For An Entity Not Identified As A Large Corporate.
28 Apr - Annual disclosure confirms Mahaveer Infoway is not a Large Corporate for FY 2025-26.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
MIL offers information and communication services involving computer programming,
consultancy, and related activities. It delivers a wide range of consulting and IT services, with a focus on proprietary product development and the creation of software solutions