Company Overview
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. 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.
Why Investors Should Care
Net profit has compounded at 10.5% per year over the last five years.
Trades at an undemanding P/E of 8.2.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹502.00 Cr (-17.7% YoY); net profit ₹27.00 Cr.
- Trailing 12 Months Year-on-year growth — revenue -17.7%, earnings +8.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.7%, profit CAGR 10.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 5.73% |
| 1 Year: | -17.70% |
Compounded Profit Growth
| 5 Years: | 10.50% |
| 1 Year: | 8.00% |
Stock Price Performance
| 1 Year: | -6.52% |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | -11.02% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- RSI (14)41.96 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 10.5% over 5 years.
- Generates positive free cash flow.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 204.00 Cr | 124.00 Cr | 98.00 Cr | 88.00 Cr | 151.00 Cr | 68.00 Cr | 87.00 Cr | 147.00 Cr | 308.00 Cr | 88.00 Cr | 107.00 Cr | 54.00 Cr | 254.00 Cr |
| Operating Expenses | 181.00 Cr | 105.00 Cr | 83.00 Cr | 72.00 Cr | 142.00 Cr | 51.00 Cr | 74.00 Cr | 132.00 Cr | 286.00 Cr | 70.00 Cr | 91.00 Cr | 49.00 Cr | 233.00 Cr |
| Operating Income | 20.00 Cr | 15.00 Cr | 10.00 Cr | 12.00 Cr | 5.00 Cr | 14.00 Cr | 10.00 Cr | 10.00 Cr | 18.00 Cr | 14.00 Cr | 13.00 Cr | 2.00 Cr | 17.00 Cr |
| EBITDA | 24.00 Cr | 19.00 Cr | 14.00 Cr | 16.00 Cr | 9.00 Cr | 17.00 Cr | 13.00 Cr | 15.00 Cr | 22.00 Cr | 17.00 Cr | 16.00 Cr | 5.00 Cr | 21.00 Cr |
| Interest Expense | 7.00 Cr | 6.00 Cr | 6.00 Cr | 6.00 Cr | 5.00 Cr | 6.00 Cr | 6.00 Cr | 8.00 Cr | 7.00 Cr | 8.00 Cr | 8.00 Cr | 7.00 Cr | 3.00 Cr |
| Pretax Income | 13.00 Cr | 9.00 Cr | 7.00 Cr | 7.00 Cr | 1.00 Cr | 8.00 Cr | 5.00 Cr | 4.00 Cr | 13.00 Cr | 9.00 Cr | 14.00 Cr | -4.00 Cr | 17.00 Cr |
| Tax Provision | 5.85 Cr | 1.53 Cr | 77.00 L | 1.54 Cr | -99.00 L | 1.44 Cr | 90.00 L | 1.20 Cr | 1.95 Cr | 1.53 Cr | 1.40 Cr | -64.00 L | 5.10 Cr |
| Net Income | 6.00 Cr | 8.00 Cr | 8.00 Cr | 5.00 Cr | 3.00 Cr | 7.00 Cr | 4.00 Cr | 3.00 Cr | 11.00 Cr | 7.00 Cr | 12.00 Cr | -4.00 Cr | 12.00 Cr |
| Diluted EPS | 0.19 | 0.31 | 0.26 | 0.13 | 0.10 | 0.25 | 0.15 | 0.10 | 0.45 | 0.28 | 0.47 | -0.16 | 0.43 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 272.00 Cr | 258.00 Cr | 399.00 Cr | 385.00 Cr | 326.00 Cr | 204.00 Cr | 274.00 Cr | 460.00 Cr | 513.00 Cr | 457.00 Cr | 610.00 Cr | 502.00 Cr |
| Operating Expenses | 241.00 Cr | 178.00 Cr | 279.00 Cr | 280.00 Cr | 254.00 Cr | 158.00 Cr | 239.00 Cr | 409.00 Cr | 455.00 Cr | 399.00 Cr | 543.00 Cr | 436.00 Cr |
| Operating Income | 20.00 Cr | 51.00 Cr | 65.00 Cr | 54.00 Cr | 42.00 Cr | 21.00 Cr | 14.00 Cr | 35.00 Cr | 45.00 Cr | 42.00 Cr | 52.00 Cr | 52.00 Cr |
| EBITDA | 31.00 Cr | 80.00 Cr | 120.00 Cr | 106.00 Cr | 72.00 Cr | 45.00 Cr | 35.00 Cr | 51.00 Cr | 58.00 Cr | 58.00 Cr | 67.00 Cr | 66.00 Cr |
| Interest Expense | 10.00 Cr | 40.00 Cr | 54.00 Cr | 59.00 Cr | 39.00 Cr | 34.00 Cr | 32.00 Cr | 28.00 Cr | 25.00 Cr | 24.00 Cr | 28.00 Cr | 25.00 Cr |
| Pretax Income | 13.00 Cr | 15.00 Cr | 14.00 Cr | 8.00 Cr | 6.00 Cr | 16.00 Cr | -15.00 Cr | 9.00 Cr | 48.00 Cr | 25.00 Cr | 30.00 Cr | 36.00 Cr |
| Tax Provision | 4.03 Cr | 4.95 Cr | 3.22 Cr | -8.00 L | 1.20 Cr | 11.84 Cr | 3.00 Cr | 2.61 Cr | 11.52 Cr | 2.50 Cr | 5.40 Cr | 8.64 Cr |
| Net Income | 9.00 Cr | 10.00 Cr | 11.00 Cr | 8.00 Cr | 5.00 Cr | 3.00 Cr | -13.00 Cr | 6.00 Cr | 36.00 Cr | 23.00 Cr | 25.00 Cr | 27.00 Cr |
| Diluted EPS | - | 0.38 | 0.42 | 0.30 | 0.20 | 0.15 | -0.49 | 0.24 | 1.26 | 0.80 | 0.96 | 1.02 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 356.00 Cr | 557.00 Cr | 684.00 Cr | 740.00 Cr | 568.00 Cr | 495.00 Cr | 506.00 Cr | 492.00 Cr | 574.00 Cr | 506.00 Cr | 647.00 Cr | 606.00 Cr |
| Total Equity | 55.00 Cr | 65.00 Cr | 79.00 Cr | 74.00 Cr | 76.00 Cr | 90.00 Cr | 79.00 Cr | 98.00 Cr | 167.00 Cr | 189.00 Cr | 213.00 Cr | 240.00 Cr |
| Total Debt | 150.00 Cr | 416.00 Cr | 479.00 Cr | 521.00 Cr | 344.00 Cr | 335.00 Cr | 303.00 Cr | 255.00 Cr | 207.00 Cr | 159.00 Cr | 160.00 Cr | 165.00 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 4.00 Cr | 102.00 Cr | 79.00 Cr | 101.00 Cr | 29.00 Cr | 2.00 Cr | 100.00 Cr | -8.00 Cr | 73.00 Cr | 65.00 Cr | 124.00 Cr | 32.00 Cr |
| Investing Cash Flow | -31.00 Cr | -277.00 Cr | -79.00 Cr | -66.00 Cr | 155.00 Cr | 1.00 Cr | -42.00 Cr | 66.00 Cr | -18.00 Cr | -4.00 Cr | -73.00 Cr | -31.00 Cr |
| Financing Cash Flow | 35.00 Cr | 186.00 Cr | -2.00 Cr | -21.00 Cr | -212.00 Cr | -20.00 Cr | -73.00 Cr | -64.00 Cr | -33.00 Cr | -79.00 Cr | -28.00 Cr | -20.00 Cr |
| Capital Expenditure | -36.00 Cr | -353.00 Cr | -65.00 Cr | -70.00 Cr | 207.00 Cr | -8.00 Cr | -26.00 Cr | 60.00 Cr | -38.00 Cr | -8.00 Cr | -8.00 Cr | 0 |
| Free Cash Flow | -32.00 Cr | -251.00 Cr | 14.00 Cr | 31.00 Cr | 236.00 Cr | -6.00 Cr | 74.00 Cr | 52.00 Cr | 35.00 Cr | 57.00 Cr | 116.00 Cr | 32.00 Cr |
| Net Change in Cash | 8.00 Cr | 11.00 Cr | -2.00 Cr | 13.00 Cr | -27.00 Cr | -18.00 Cr | -14.00 Cr | -6.00 Cr | 22.00 Cr | -17.00 Cr | 23.00 Cr | -19.00 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 7.4% | 19.8% | 16.3% | 14.0% | 12.9% | 10.3% | 5.1% | 7.6% | 8.8% | 9.2% | 8.5% | 10.4% |
| Net Margin % | 3.3% | 3.9% | 2.8% | 2.1% | 1.5% | 1.5% | -4.7% | 1.3% | 7.0% | 5.0% | 4.1% | 5.4% |
| ROE % | 16.4% | 15.4% | 13.9% | 10.8% | 6.6% | 3.3% | -16.5% | 6.1% | 21.6% | 12.2% | 11.7% | 11.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MADHAVIPL
MADHAVIPL Stock Price and Chart — NSE:MADHAVIPL - TradingView
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Madhav Infra Projects Ltd. Share Price Today - Madhav Infra Projects Ltd. Stock Price Live NSE/BSE - CNBC TV18
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Madhav Infra Signs 73 MW PPAs; Shares Largely Steady - HDFC Sky
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Madhav Infra Projects Limited Approves Q3FY26 Financial Results - scanx.trade
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MADHAVIPL — Frequently Asked Questions
What is the current share price of Madhav Infra Projects Limited (MADHAVIPL)?
As of 2026-07-15 09:52 IST, Madhav Infra Projects Limited (MADHAVIPL) trades at ₹8.32 on NSE. Its 52-week range is ₹8.31 to ₹9.60.
What is the P/E ratio of MADHAVIPL?
MADHAVIPL trades at a trailing price-to-earnings (P/E) ratio of 8.16. Its price-to-book (P/B) ratio is 0.95.
What is the return on equity (ROE) of MADHAVIPL?
MADHAVIPL has a return on equity (ROE) of 11.25%.
Is MADHAVIPL a good stock to buy?
This page provides a data-driven analysis of Madhav Infra Projects Limited (MADHAVIPL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.