Mayasheel Ventures Ltd
₹ 26.7
-3.44%
04 Nov
- close price
About
Incorporated in May 2008, Mayasheel Ventures Limited constructs roads and highways for NHIDCL and other government departments.[1]
Key Points
- Market Cap ₹ 58.9 Cr.
- Current Price ₹ 26.7
- High / Low ₹ 74.0 / 26.7
- Stock P/E 3.62
- Book Value ₹ 28.9
- Dividend Yield 0.00 %
- ROCE 27.6 %
- ROE 35.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.92 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 58.7 to 103 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 126 | 130 | 152 | 206 | |
| Sales growth | +3% | +17% | +35% | |
| 111 | 114 | 130 | 176 | |
| Operating Profit | 15 | 16 | 22 | 30 |
| OPM % | 12% | 13% | 14% | 14% |
| 1 | 1 | 1 | -6 | |
| Interest | 5 | 5 | 5 | 4 |
| Depreciation | 4 | 4 | 4 | 5 |
| Profit before tax | 6 | 9 | 14 | 15 |
| Tax % | 27% | 25% | 25% | 26% |
| 5 | 7 | 10 | 11 | |
| EPS in Rs | 6.43 | 5.14 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 35% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 16 | 22 |
| Reserves | 18 | 24 | 12 | 42 |
| 40 | 42 | 46 | 51 | |
| 21 | 26 | 24 | 48 | |
| Total Liabilities | 79 | 93 | 98 | 163 |
| 19 | 20 | 24 | 21 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 11 | 8 | 9 | 8 |
| 49 | 65 | 65 | 134 | |
| Total Assets | 79 | 93 | 98 | 163 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 13 | 10 | -7 | -21 | |
| 4 | -1 | -36 | -0 | |
| -17 | -3 | 47 | 30 | |
| Net Cash Flow | 0 | 6 | 4 | 9 |
| Free Cash Flow | 12 | 5 | -35 | -23 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 100% | 74% | -16% | -56% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 88 | 34 | 40 | 103 |
| Inventory Days | 38 | 62 | 85 | 127 |
| Days Payable | 104 | 124 | 82 | 144 |
| Cash Conversion Cycle | 22 | -28 | 42 | 85 |
| Working Capital Days | -6 | -7 | 6 | 59 |
| ROCE % | 22% | 27% | 28% |
Insights
In beta| Jan 2026 | |
|---|---|
| Infrastructure Stretch Length (Border Project) km |
|
| Order Book (Incremental Awards) INR Lakhs |
|
| Order Book (Total Unexecuted Work) INR Lakhs |
|
| Project Execution Timeline Months |
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Integrated Filing- Governance
- Filed shareholding pattern for half-year ended September 30, 2026.
-
Integrated Filing- Governance
- Submitted shareholding pattern for half year ended September 30, 2026.
-
Structural Digital Database
- SDD compliance certificates filed for half year ended September 30, 2026; 3 events captured, no noncompliance.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted half-yearly share capital audit report for September 30, 2026; no share capital changes.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) dematerialization certificate for half year ended 30 September 2026.
Business Overview:[1][2][3]
a) MSVL is an Engineering, Procurement and Construction (EPC) company engaged in the execution of civil construction and infrastructure projects for government and semi-government authorities. The Company undertakes end-to-end project execution, including engineering, procurement of materials, construction, and development, improvement, and maintenance of infrastructure assets. Its core areas of expertise include roads, national highways, elevated roads, flyovers, bridges, culverts, retaining walls, bunkers, electrical works, transmission lines, power houses, street-lighting systems, and other related infrastructure projects.
b) The company primarily executes projects under EPC and Bill of Quantity (BOQ)/item-rate contract models and derives a substantial portion of its revenue from government contracts and tenders. It serves various government dept, public sector undertakings, development authorities, and other institutional clients.
In addition to executing projects directly, the company also undertakes subcontracting assignments for infrastructure construction projects.
c) MSVL is registered as a Class A contractor with the Uttar Pradesh Public Works Dept, enabling it to undertake large-scale infra structure projects. The Company has executed numerous infrastructure projects across multiple states and maintains a significant order book comprising government-funded projects. It is also evaluating opportunities to participate in larger infrastructure developments, including projects under the Hybrid Annuity Model (HAM), to further expand its scale and project portfolio.