MADHAVIPL · NSE
Madhav Infra Projects Limited
₹7.67
+3.79% (+₹0.28)
Prev. close
₹7.39
Volume
56,608
Delivery %
75.8%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Madhav Infra Projects Limited
Madhav Infra Projects Limited engages in the development, construction, operation, and maintenance of infrastructure projects in India. The company is involved in development, construction, and maintenance of highways, bridges, and roads; and generating power and trading, purchasing, marketing, selling, importing, exporting, producing, manufacturing, transmitting, commissioning, distributing, supplying, exchanging or otherwise dealing in aspects of thermal, hydro, nuclear, solar, solar rooftop, and wind power, as well as rail logistics infrastructure projects. It also engages in installation, maintenance of solar power plant, roof tops and equipment system related to solar; provision of services for maintenance, renovation and modernization of equipment required for solar power and renewable energy; and oil and gas exploration, production and participation, seismic data service onshore/offshore, managerial and technical support services, technical surveys, data analysis, data processing services, and staffing and technical equipment renting or leasing for a seismic survey in oil and gas companies. The company was incorporated in 1992 and is based in Vadodara, India.
Details
Sector
Industrials
Industry
Engineering & Construction
CEO
Mr. Amit Ashok Khurana
Headquarters
Vadodara
Employees
175
Website
madhavcorp.comExchange
View on NSE ↗Key stats
Market cap
₹206.77 Cr
P/E ratio (TTM)
8.0
EPS (TTM)
₹0.96
Beta (5Y monthly)
0.62
Shares float
26.03 L
EPS · quarter ended Jun 2026
₹0.23
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹273.91 Cr | ₹460.07 Cr | ₹512.70 Cr | ₹460.38 Cr | ₹610.24 Cr | ₹502.13 Cr | |
| EBITDA | ₹38.25 Cr | ₹53.64 Cr | ₹79.15 Cr | ₹56.99 Cr | ₹59.19 Cr | ₹62.98 Cr |
| ₹-12.54 Cr | ₹6.33 Cr | ₹33.92 Cr | ₹21.68 Cr | ₹25.86 Cr | ₹27.41 Cr | |
| Diluted EPS | — | — | ₹1.27 | ₹0.81 | ₹0.96 | ₹1.01 |
Depreciation & amortisation, Pretax income, Tax provision, Interest expense, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹506.46 Cr | ₹491.69 Cr | ₹573.81 Cr | ₹506.25 Cr | ₹646.71 Cr | ₹605.80 Cr | |
| — | ₹216.94 Cr | ₹207.29 Cr | ₹158.98 Cr | ₹159.97 Cr | ₹165.24 Cr | |
| Stockholders' equity | ₹129.71 Cr | ₹135.21 Cr | ₹166.62 Cr | ₹188.49 Cr | ₹212.83 Cr | ₹239.60 Cr |
Trade receivables, Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹73.35 Cr | ₹64.62 Cr | ₹74.90 Cr | ₹32.26 Cr | |
| Investing cash flow | — | — | ₹-18.16 Cr | ₹-3.57 Cr | ₹-25.16 Cr | ₹-30.93 Cr |
| Financing cash flow | — | — | ₹-32.68 Cr | ₹-78.53 Cr | ₹-26.63 Cr | ₹-20.07 Cr |
| Capital expenditure | — | — | ₹-67.08 Cr | ₹-7.99 Cr | ₹-10.03 Cr | ₹-6.26 Cr |
| End cash position | — | — | ₹26.54 Cr | ₹9.06 Cr | ₹32.17 Cr | ₹13.44 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.32 L Cr | ₹3,929.9 | 32.0 | 4.87 | 14.7% | 1.15 | +11.8% | +7.4% |
| Adani Ports and Special Economic Zone Limited | ₹4.14 L Cr | ₹1,807.3 | 30.6 | 4.30 | 13.3% | 0.66 | +27.1% | +25.4% |
| Hindustan Aeronautics Limited | ₹3.21 L Cr | ₹4,836 | 34.4 | 7.82 | 22.2% | 0.00 | +5.6% | +0.8% |
| Bharat Electronics Limited | ₹2.91 L Cr | ₹396.05 | 47.3 | 12.12 | 25.3% | 0.00 | +15.9% | -2.1% |
| InterGlobe Aviation Limited | ₹1.94 L Cr | ₹5,028.5 | — | 27.90 | -34.3% | 11.15 | +6.6% | -12.3% |
| ABB India Limited | ₹1.54 L Cr | ₹7,120.5 | 97.1 | 19.66 | 21.3% | 0.01 | +8.1% | +32.8% |
| Bharat Heavy Electricals Limited | ₹1.48 L Cr | ₹423.1 | 61.0 | 5.67 | 6.1% | 0.31 | +18.3% | +77.2% |
| CG Power and Industrial Solutions Limited | ₹1.41 L Cr | ₹895 | 113.1 | 17.71 | 15.1% | 0.01 | +25.1% | +15.7% |
| Hitachi Energy India Limited | ₹1.40 L Cr | ₹31,150 | 121.7 | 27.05 | 19.1% | 0.02 | +27.2% | +64.0% |
| Cummins India Limited | ₹1.38 L Cr | ₹5,010 | 58.0 | 16.23 | 27.9% | 0.00 | +16.9% | +25.1% |
| Siemens Limited | ₹1.37 L Cr | ₹3,886 | 81.4 | 10.39 | 15.9% | 0.01 | +16.2% | +19.9% |
| Madhav Infra Projects Limited | ₹208.66 Cr | ₹7.39 | 8.1 | 0.87 | 11.4% | 0.69 | -17.7% | — |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.