Mega Nirman & Industries Ltd
₹ 41.6
4.28%
01 Apr
- close price
About
Incorporated in 1983, Mega Nirman & Industries Ltd is in the business of trading small passenger electric vehicles and their components.[1]
Key Points
- Market Cap ₹ 107 Cr.
- Current Price ₹ 41.6
- High / Low ₹ 50.4 / 16.2
- Stock P/E 1,067
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE 0.84 %
- ROE 0.38 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.82 times its book value
- Promoter holding is low: 0.29%
- Company has a low return on equity of -1.74% over last 3 years.
- Company has high debtors of 258 days.
- Working capital days have increased from -234 days to 442 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.
Peer comparison
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.08 | 0.11 | 0.12 | 0.24 | 2.14 | 2.07 | 1.84 | 0.00 | 0.00 | 1.52 | 0.00 | 6.97 | 13.26 | |
| 0.03 | 0.16 | 0.19 | 0.30 | 2.05 | 2.15 | 1.97 | 0.23 | 0.31 | 1.66 | 0.76 | 7.69 | 14.11 | |
| Operating Profit | 0.05 | -0.05 | -0.07 | -0.06 | 0.09 | -0.08 | -0.13 | -0.23 | -0.31 | -0.14 | -0.76 | -0.72 | -0.85 |
| OPM % | 62.50% | -45.45% | -58.33% | -25.00% | 4.21% | -3.86% | -7.07% | -9.21% | -10.33% | -6.41% | |||
| 0.00 | 0.11 | 0.12 | 0.12 | 0.26 | 0.33 | 0.31 | 0.30 | 0.41 | 0.17 | 0.24 | 0.86 | 1.03 | |
| Interest | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.03 |
| Depreciation | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.03 | 0.04 |
| Profit before tax | 0.01 | 0.02 | 0.02 | 0.05 | 0.34 | 0.23 | 0.17 | 0.07 | 0.10 | 0.02 | -0.54 | 0.07 | 0.11 |
| Tax % | 100.00% | 50.00% | 50.00% | 40.00% | 26.47% | 26.09% | 23.53% | 28.57% | 20.00% | 0.00% | 0.00% | 28.57% | |
| 0.00 | 0.01 | 0.01 | 0.02 | 0.25 | 0.17 | 0.14 | 0.05 | 0.07 | 0.01 | -0.53 | 0.05 | 0.10 | |
| EPS in Rs | 0.00 | 0.03 | 0.03 | 0.06 | 0.75 | 0.51 | 0.42 | 0.15 | 0.21 | 0.03 | -1.58 | 0.15 | -0.43 |
| Dividend Payout % | 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: | 51% |
| 5 Years: | 31% |
| 3 Years: | % |
| TTM: | 158% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | -19% |
| 3 Years: | -11% |
| TTM: | 138% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 34% |
| 1 Year: | 113% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -1% |
| 3 Years: | -2% |
| Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
| 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 | 0.55 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 25.65 |
| Reserves | 2.72 | 0.89 | 0.90 | 0.92 | 1.17 | 1.34 | 1.47 | 1.52 | 1.59 | 1.60 | 9.70 | 9.75 | 12.26 |
| 0.07 | 0.06 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.04 | 0.04 | 0.03 | 0.04 | 2.03 | 4.18 | 6.08 | 6.10 | 6.70 | 6.59 | 6.53 | 0.95 | 1.06 | |
| Total Liabilities | 3.38 | 4.34 | 4.32 | 4.33 | 6.55 | 8.87 | 10.90 | 10.97 | 11.64 | 11.54 | 19.58 | 14.05 | 38.97 |
| 0.15 | 0.12 | 0.10 | 0.08 | 0.08 | 0.07 | 0.02 | 0.06 | 0.06 | 0.04 | 0.05 | 0.25 | 1.01 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.16 | 1.16 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.05 | 0.00 |
| 2.07 | 3.06 | 4.02 | 4.05 | 6.27 | 8.60 | 10.68 | 10.71 | 11.38 | 11.30 | 19.33 | 13.75 | 37.96 | |
| Total Assets | 3.38 | 4.34 | 4.32 | 4.33 | 6.55 | 8.87 | 10.90 | 10.97 | 11.64 | 11.54 | 19.58 | 14.05 | 38.97 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.02 | -1.04 | -1.87 | -0.11 | -0.43 | -0.35 | -0.35 | -0.23 | -0.27 | -0.18 | -0.67 | -6.02 | |
| -0.99 | -0.10 | 1.04 | 0.00 | 0.20 | 0.33 | 0.04 | -0.04 | 0.00 | 0.00 | -8.18 | 5.73 | |
| 1.81 | 0.98 | 0.82 | 0.11 | 0.24 | 0.00 | 0.31 | 0.30 | 0.26 | 0.17 | 8.86 | 0.62 | |
| Net Cash Flow | -0.20 | -0.15 | -0.01 | 0.00 | 0.01 | -0.02 | 0.00 | 0.03 | 0.00 | -0.01 | 0.01 | 0.33 |
| Free Cash Flow | -1.02 | -1.04 | -0.91 | -0.11 | -0.44 | -0.35 | -0.31 | -0.27 | -0.27 | -0.18 | -0.70 | -6.24 |
| CFO/OP | -2,020% | 2,060% | 2,657% | 167% | -378% | 362% | 231% | 91% | 81% | 129% | 88% | 833% |
Ratios
Figures in Rs. Crores
| 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 | 2,098.75 | 1,460.00 | 3,802.08 | 1,794.58 | 242.20 | 627.73 | 1,184.27 | 0.00 | 257.65 | |||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 5.54 | |||||||
| Days Payable | 50.40 | |||||||||||
| Cash Conversion Cycle | 2,098.75 | 1,460.00 | 3,802.08 | 1,794.58 | 242.20 | 627.73 | 1,184.27 | 0.00 | 212.78 | |||
| Working Capital Days | 3,832.50 | 6,039.09 | 8,060.42 | 4,106.25 | 533.86 | 585.41 | 694.29 | -910.10 | 441.98 | |||
| ROCE % | 0.68% | 0.79% | 0.70% | 1.17% | 7.72% | 5.21% | 3.58% | 1.44% | 2.04% | 0.40% | -6.00% | 0.84% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Project Development Service Revenue ₹ |
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| Trade Receivables Turnover Ratio ratio |
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| Purchase of Stock-in-Trade (EV & Components) ₹ in '00 |
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| Sale of EV Products (Trading) ₹ in '00 |
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| Number of EV Sales Executives count |
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Requires Premium
Requires Premium
Documents
Announcements
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Closure of Trading Window
24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results announcement.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Mar - Window For Re-lodgment if Transfer Requests of Physical shares.
-
Announcement under Regulation 30 (LODR)-Raising of Funds
25 Feb - Rights issue to raise up to Rs 50 crore; Rights Issue Committee constituted.
-
Board Meeting Outcome for For Raising Of Funds Through Issue Of Equity Shares On Right Issue Basis
25 Feb - Board approved rights issue up to Rs50 Crore; Rights Issue Committee constituted; meeting Feb 25, 2026.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 24 Feb
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
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
from bse
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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
from bse
Business Overview:[1][2]
MNIL is engaged in the business of offering
electric vehicle charging-based solutions, including AC and DC chargers for both individual and commercial use.
a) Products and services:
It offers a comprehensive portfolio of EV charging infrastructure, including AC and DC chargers for individual and commercial
applications. Services include installation, maintenance, and a mobile application (available
on the Play Store) for locating and managing charging stations.
b) Partnerships and network development:
The company is actively collaborating with commercial partners to expand and interconnect the EV charging network
c) Technology integration:
MNIL utilizes IoT and cloud computing to enhance charging efficiency, improve user experience, and enable smart grid compatibility. The app-based platform supports real-time station data, booking functionality, and integrated payment options.