Mahendra Realtors & Infrastructure Ltd
Incorporated in June 2007, Mahendra Realtors and Infrastructure Limited offers services spanning structural repairs, rehabilitation, retrofitting, waterproofing, corporate interiors, BOT projects, maintenance, construction, and infrastructure restoration.[1]
- Market Cap ₹ 97.0 Cr.
- Current Price ₹ 43.9
- High / Low ₹ 82.0 / 29.0
- Stock P/E 5.47
- Book Value ₹ 56.1
- Dividend Yield 0.00 %
- ROCE 20.9 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.78 times its book value
- Company has delivered good profit growth of 20.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 95.1 to 118 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 96 | 114 | 68 | 93 | 63 | 101 | 125 | 136 | |
| 89 | 104 | 58 | 83 | 57 | 88 | 107 | 116 | |
| Operating Profit | 7 | 9 | 10 | 10 | 6 | 13 | 18 | 20 |
| OPM % | 7% | 8% | 14% | 11% | 10% | 13% | 14% | 15% |
| 3 | 2 | 2 | 3 | 3 | 4 | 4 | 5 | |
| Interest | 1 | 1 | 2 | 2 | 3 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Profit before tax | 8 | 10 | 10 | 10 | 6 | 15 | 20 | 24 |
| Tax % | 27% | 22% | 26% | 25% | 35% | 25% | 27% | 25% |
| 6 | 8 | 7 | 7 | 4 | 12 | 15 | 18 | |
| EPS in Rs | 49.30 | 64.61 | 57.68 | 59.45 | 32.55 | 6.66 | 8.56 | 8.03 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 29% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 64% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 21% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 17 | 17 | 22 |
| Reserves | 17 | 25 | 32 | 39 | 43 | 39 | 54 | 102 |
| 10 | 23 | 18 | 35 | 32 | 16 | 28 | 14 | |
| 41 | 36 | 34 | 19 | 21 | 21 | 39 | 45 | |
| Total Liabilities | 69 | 85 | 85 | 94 | 98 | 93 | 138 | 183 |
| 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 3 | 1 | 0 | 4 | 3 | 4 | 5 |
| 64 | 78 | 81 | 91 | 92 | 87 | 131 | 175 | |
| Total Assets | 69 | 85 | 85 | 94 | 98 | 93 | 138 | 183 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 11 | -2 | 3 | 3 | 8 | 22 | -6 | ||
| -2 | -0 | -4 | -5 | 5 | -13 | -3 | ||
| 2 | 5 | 1 | 1 | -2 | -29 | 11 | ||
| Net Cash Flow | 11 | 3 | 0 | -0 | 11 | -20 | 2 | |
| Free Cash Flow | 8 | -3 | 3 | 3 | 8 | 11 | -11 | |
| CFO/OP | 190% | 1% | 56% | 57% | 163% | 194% | -0% |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 68 | 68 | 61 | 76 | 49 | 118 | 118 |
| Inventory Days | 25 | 21 | 70 | 55 | 18 | 20 | 39 | 52 |
| Days Payable | 147 | 107 | 169 | 17 | 33 | 77 | 117 | 67 |
| Cash Conversion Cycle | -58 | -17 | -31 | 99 | 62 | -7 | 40 | 102 |
| Working Capital Days | -27 | -29 | -44 | -23 | -59 | 19 | 38 | 59 |
| ROCE % | 30% | 23% | 19% | 12% | 22% | 25% | 21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Employee Attrition Rate % |
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| Geographic Revenue Concentration - Maharashtra % |
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| Revenue Concentration - Top 10 Customers % |
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| Total Active Employees Number |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
30 May 2026 - Newspaper publication confirms EGM notice dispatch and remote e-voting schedule dated 20 May 2026.
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Updates
29 May 2026 - Auditor certified Rs 5.96 crore IPO expenses; selling shareholders reimbursed Rs 1.19 crore share.
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Change in Management
28 May 2026 - Board approved FY26 audited results, auditor appointments, and FY27 JV contribution plan.
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Statement of deviation(s) or variation(s) under Reg. 32
28 May 2026 - Filed IPO fund utilization deviation statement for half-year and FY ended March 31, 2026.
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Outcome of Board Meeting
28 May 2026 - Board approved FY26 audited results, auditor reappointments, and JV contribution for Thane project.
Business Profile[1][2]
Mahendra Realtors provides structural repairs, rehabilitation, retrofitting, waterproofing, interiors, BOT projects, construction, maintenance, and infrastructure restoration. It has completed 200+ projects for 50+ clients, consistently achieving timely delivery.