Mega Nirman & Industries Ltd
Incorporated in 1983, Mega Nirman & Industries Ltd is in the business of trading small passenger electric vehicles and their components.[1]
- Market Cap ₹ 8.54 Cr.
- Current Price ₹ 25.5
- High / Low ₹ 27.6 / 15.3
- Stock P/E
- Book Value ₹ 39.1
- Dividend Yield 0.00 %
- ROCE 0.84 %
- ROE 0.38 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.95%
- 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
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 | 7.62 | |
0.03 | 0.16 | 0.19 | 0.30 | 2.05 | 2.15 | 1.97 | 0.23 | 0.31 | 1.66 | 0.76 | 7.69 | 8.47 | |
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% | -11.15% | |||
0.00 | 0.11 | 0.12 | 0.12 | 0.26 | 0.33 | 0.31 | 0.30 | 0.41 | 0.17 | 0.24 | 0.86 | 0.86 | |
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 | 0.04 |
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 | -0.07 |
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 | -0.04 | |
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 | -0.12 |
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: | % |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | -19% |
3 Years: | -11% |
TTM: | 93% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 13% |
1 Year: | 34% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
0.07 | 0.06 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.04 | 0.04 | 0.03 | 0.04 | 2.03 | 4.18 | 6.08 | 6.10 | 6.70 | 6.59 | 6.53 | 0.95 | |
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 |
0.15 | 0.12 | 0.10 | 0.08 | 0.08 | 0.07 | 0.02 | 0.06 | 0.06 | 0.04 | 0.05 | 0.25 | |
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 |
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 |
2.07 | 3.06 | 4.02 | 4.05 | 6.27 | 8.60 | 10.68 | 10.71 | 11.38 | 11.30 | 19.33 | 13.75 | |
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 |
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 |
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% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Oct
-
Postponement Of Board Meeting For September Quarter 2025 Results
8 Oct - Board meeting scheduled Oct 8, 2025 to approve Q2/H1 results postponed; revised date to be notified.
-
Board Meeting Intimation for Un-Audited Results For The Quarter And Half Year Ended September 30, 2025 And Other Matters
30 Sep - Board meeting on Oct 8, 2025 to approve unaudited Q2/H1 results and review proposed rights issue update.
- Closure of Trading Window 25 Sep
-
Appointment Of M/S Chandan J & Associates, Company Secretaries, As Secretarial Auditor For 5 Years
28 Aug - Appointed M/s Chandan J & Associates as secretarial auditors for FY2025-26 to FY2029-30.
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 2013
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Financial Year 2012
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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.