Arthneeti

Madhav Infra Projects Share Price & Earnings Call Analysis

₹6.67-2.20% today
Market cap
₹180 Cr
P/E
10.17
ROE
10.72%
PEG
0.69
Price to sales
0.34
Debt to equity
0.77
52W high / low
₹12.0 / ₹6.82
Sales growth (5Y)
12.89%
EBITDA margin
9.76%
Net profit margin
4.83%
Promoter holding
68.81%
Sales (last year)
₹529 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Construction
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Madhav Infra rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Construction companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹6,105 Cr10.9
240%+Flat₹2,003 Cr8.8
340%+Flat₹933 Cr7.9
440%+Flat₹912 Cr7.8
540%+Flat₹714 Cr13.0
640%+Flat₹465 Cr15.3

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Madhav Infra announcements

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Financials of Madhav Infra

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Madhav Infra

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +138.99204.31124.2697.5787.78150.7767.8986.77147.26308.3187.54106.8253.70
Expenses +125.77180.73105.4783.4471.56141.5951.3674.08132.13285.8870.4690.5549.01
Operating Profit13.2223.5818.7914.1316.229.1816.5312.6915.1322.4317.0816.274.69
OPM %9.51%11.54%15.12%14.48%18.48%6.09%24.35%14.62%10.27%7.28%19.51%15.23%8.73%
Other Income +1.090.510.663.000.791.680.912.180.862.162.998.421.88
Interest6.586.556.366.286.005.205.996.457.827.367.727.576.90
Depreciation2.974.293.783.783.984.303.313.334.594.073.373.333.33
Profit before tax4.7613.259.317.077.031.368.145.093.5813.168.9813.79-3.66
Tax %8.82%45.13%17.29%11.32%21.62%-99.26%17.81%17.88%29.89%14.97%16.70%9.72%16.39%
Net Profit +4.305.927.557.964.622.766.804.182.5111.437.4812.46-4.26
EPS in Rs0.110.190.310.260.130.100.250.150.100.450.280.47-0.16

Financials of Madhav Infra

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +272258399385326204274460513457610556
Expenses +241178279280254158239409455399543496
Operating Profit31801201067245355158586760
OPM %11%31%30%27%22%22%13%11%11%13%11%11%
Other Income +3241432933296615
Interest104054593934322825242830
Depreciation112955523024211613161514
Profit before tax1315148616-15948253032
Tax %31%33%23%-1%20%74%-20%29%24%10%18%
Net Profit +91011853-13636232527
EPS in Rs0.380.420.300.200.15-0.490.241.260.800.961.04
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%

Financials of Madhav Infra

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital666666262627272727
Reserves4959736870845372140162186206
Borrowings +150416479521344335303255207159160189
Other Liabilities +1517612614414770125140200159274160
Total Liabilities356557684740568495506492574506647582
Fixed Assets +6939339938520817518596132127121113
CWIP0032500007334
Investments982430313138323031212121
Other Assets +189140252300329282290366404354501444
Total Assets356557684740568495506492574506647582

Financials of Madhav Infra

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +410279101292100-87365124
Cash from Investing Activity +-31-277-79-661551-4266-18-4-73
Cash from Financing Activity +35186-2-21-212-20-73-64-33-79-28
Net Cash Flow811-213-27-18-14-622-1723
Free Cash Flow-32-2511431236-674523557116
CFO/OP28%130%69%100%47%-1%269%2%119%127%201%

Financials of Madhav Infra

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days9705365123149113901177953
Inventory Days1021719020021833927322216716385
Days Payable18394295228204211187202279222130
Cash Conversion Cycle-71-6-51371382771991095209
Working Capital Days-29-74-13-185113288108548120
ROCE %15%13%11%9%12%4%10%13%13%16%

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