Madhav Infra

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: INE631R01026
  • NSEID: MADHAVIPL
  • BSEID: 539894
INR
8.69
-0.16 (-1.81%)
BSENSE

Jun 11, 03:30 PM

BSE+NSE Vol: 2.59 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.59 lacs (-41.68%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

68.81%

Why is Madhav Infra Projects Ltd falling/rising?

11-Jun-2026

As of 10-Jun, Madhav Infra Projects Ltd's stock price is rising to 8.85, reflecting a 4.36% increase due to strong relative performance, increased investor participation, and favorable technical indicators. The stock has outperformed its sector and has gained 5.54% over the last two days.

As of 10-Jun, Madhav Infra Projects Ltd's stock price is rising, currently at 8.85, with a change of 0.37, representing a 4.36% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.53% today, indicating strong relative performance. Additionally, it has been gaining for the last two days, accumulating a total return of 5.54% during this period. <BR><BR>Investor participation has also increased, as evidenced by a delivery volume of 1.35 lacs on June 9, which is up by 4.68% compared to the 5-day average delivery volume. This suggests growing interest and confidence among investors. Furthermore, the stock's current price is higher than its 5-day, 20-day, and 50-day moving averages, which typically indicates a positive trend. <BR><BR>Overall, these factors contribute to the stock's rising price, reflecting a combination of improved performance, increased investor engagement, and favorable technical indicators.

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What does Madhav Infra do?

11-Jun-2026

Madhav Infra Projects Ltd is a micro-cap construction company focused on highways, urban infrastructure, real estate, and energy. As of March 2026, it reported net sales of ₹254 Cr and a net profit of ₹12 Cr.

Overview:<BR>Madhav Infra Projects Ltd operates in the construction industry, focusing on highways, urban infrastructure, real estate, and energy, and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on October 7, 1992. The latest quarterly results reported are for March 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 254 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 12 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 233 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: Madhav House Plot No 04, Nr Panchratna Bldg Subhanpura Vadodara Gujarat : 380023<BR>Email: secretarial@madhavcorp.com<BR>Website: http://www.madhavgrp.co.in

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How big is Madhav Infra?

11-Jun-2026

As of 10th June, Madhav Infra Projects Ltd has a market capitalization of 233.00 Cr, with recent net sales of 502.12 Cr and a net profit of 27.41 Cr. The company reported shareholder's funds of 212.83 Cr and total assets of 645.70 Cr for the latest annual period ending March 2025.

As of 10th June, Madhav Infra Projects Ltd has a market capitalization of 233.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Madhav Infra reported Net Sales of 502.12 Cr and a Net Profit of 27.41 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 212.83 Cr and Total Assets amounting to 645.70 Cr.

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Who are in the management team of Madhav Infra?

11-Jun-2026

The management team of Madhav Infra includes Ashok Madhavdas Khurana (Chairman), Amit Khurana (Managing Director), and four Independent Directors: Mayur Parikh, Pooja Shah, Jaini Jain, and Heena Parikh, along with Dharmesh Chauhan as Company Secretary & Compliance Officer.

The management team of Madhav Infra includes the following individuals:<BR><BR>1. **Ashok Madhavdas Khurana** - Chairman (Non-Executive)<BR>2. **Amit Khurana** - Managing Director<BR>3. **Mayur Parikh** - Independent Director<BR>4. **Pooja Shah** - Independent Director<BR>5. **Jaini Jain** - Independent Director<BR>6. **Heena Parikh** - Independent Director<BR>7. **Dharmesh Chauhan** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

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Who are the peers of the Madhav Infra?

11-Jun-2026

Madhav Infra's peers include A2Z Infra Engg., SAB Industries, Globe Civil, Suyog Gurbaxani, Current Infra., Pratham EPC, Shradha Realty, and HVAX Technolog. Performance varies, with SAB Industries showing the highest 1-year return at 12.98% and A2Z Infra Engg. the lowest at -26.15%, while Madhav Infra's return is -40.07%.

Peers: The peers of Madhav Infra are A2Z Infra Engg., SAB Industries, Globe Civil, Suyog Gurbaxani, Current Infra., Pratham EPC, Shradha Realty, HVAX Technolog.<BR><BR>Quality Snapshot: Excellent management risk is observed at Current Infra. and HVAX Technolog., while Good management risk is found at Globe Civil and Suyog Gurbaxani. Average management risk is present at SAB Industries and Pratham EPC, and Below Average management risk is noted at A2Z Infra Engg., Shradha Realty. In terms of Growth, Excellent growth is seen at Current Infra. and Shradha Realty, Good growth is found at SAB Industries, Globe Civil, and Suyog Gurbaxani, while Average growth is noted at Pratham EPC, and Below Average growth is present at A2Z Infra Engg. and the rest. For Capital Structure, Good capital structure is observed at Current Infra. and HVAX Technolog., while Below Average capital structure is noted at A2Z Infra Engg., SAB Industries, Globe Civil, Suyog Gurbaxani, Shradha Realty, and the rest.<BR><BR>Return Snapshot: SAB Industries has the highest 1-year return at 12.98%, while A2Z Infra Engg. has the lowest at -26.15%, with Madhav Infra's own 1-year return at -40.07%, indicating a worse performance than both. Additionally, peers such as Globe Civil, Suyog Gurbaxani, and Shradha Realty have negative six-month returns.

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When is the next results date for Madhav Infra Projects Ltd?

27-May-2026

The next results date for Madhav Infra Projects Ltd is 29 May 2026.

The next results date for Madhav Infra Projects Ltd is scheduled for 29 May 2026.

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How has been the historical performance of Madhav Infra?

20-Nov-2025

Madhav Infra has shown a recovery and growth trajectory, with net sales increasing from INR 460.38 crore in March 2024 to INR 610.24 crore in March 2025, alongside improvements in profit metrics and cash flow. Total assets also grew to INR 645.70 crore in March 2025, indicating a stronger financial position.

Answer:<BR>The historical performance of Madhav Infra shows a fluctuating trend in key financial metrics over the years, with notable improvements in recent periods.<BR><BR>Breakdown:<BR>Madhav Infra's net sales increased significantly from INR 460.38 crore in March 2024 to INR 610.24 crore in March 2025, following a dip to INR 512.70 crore in March 2023. The total operating income mirrored this trend, reaching INR 610.24 crore in March 2025, up from INR 460.38 crore the previous year. However, the total expenditure also rose to INR 543.40 crore in March 2025, leading to an operating profit of INR 66.84 crore, which is an increase from INR 58.32 crore in March 2024. Profit before tax showed a positive trend, rising to INR 29.87 crore in March 2025 from INR 24.76 crore in March 2024, while profit after tax also increased to INR 24.47 crore. The consolidated net profit reached INR 25.86 crore in March 2025, up from INR 21.68 crore in March 2024. On the balance sheet, total assets grew to INR 645.70 crore in March 2025, compared to INR 505.58 crore in March 2024, while total liabilities also increased to INR 645.70 crore. Cash flow from operating activities improved significantly to INR 124 crore in March 2025, compared to INR 64 crore in March 2024, indicating a stronger cash position. Overall, Madhav Infra's financial performance reflects a recovery and growth trajectory in recent years.

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Who are the top shareholders of the Madhav Infra?

17-Jul-2025

The top shareholders of Madhav Infra are mainly the promoters, with Ashok Madhavdas Khurana holding 30.18% of the shares, while individual investors own 28.56%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Madhav Infra are primarily the promoters, with Ashok Madhavdas Khurana holding the largest stake at 30.18%. Additionally, individual investors collectively hold 28.56% of the shares. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

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What is the technical trend for Madhav Infra?

09-Jun-2025

As of June 6, 2025, Madhav Infra's trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, though caution is advised due to a mildly bearish monthly MACD and daily moving averages.

As of 6 June 2025, the technical trend for Madhav Infra has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. The Dow Theory is also mildly bullish on both time frames, reinforcing the overall positive sentiment. However, the daily moving averages are mildly bearish, which could temper short-term enthusiasm. Overall, the current stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

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What is the bonus history of the Madhav Infra?

06-Jun-2025

Madhav Infra Projects Ltd announced a 3:1 bonus issue on August 6, 2020, with a record date of August 7, 2020, meaning shareholders received three additional shares for every one share held.

Madhav Infra Projects Ltd has a bonus history that includes a 3:1 bonus issue announced on August 6, 2020. The record date for this bonus was August 7, 2020. This means that for every one share held, shareholders received three additional shares. If you have any more questions about the company or its financial actions, feel free to ask!

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Has Madhav Infra declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore
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Strong Sell
Sell
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Strong Buy

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stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

INR 238 Cr (Micro Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

35

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

0.00

Revenue and Profits:
Net Sales:
254 Cr
(Quarterly Results - Mar 2026)
Net Profit:
12 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
3.21%
0%
3.21%
6 Months
-19.16%
0%
-19.16%
1 Year
-41.48%
0%
-41.48%
2 Years
-20.28%
0%
-20.28%
3 Years
96.16%
0%
96.16%
4 Years
91.83%
0%
91.83%
5 Years
108.89%
0%
108.89%

Madhav Infra for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

01-Jun-2026 | Source : BSE

Intimation of Newpaper Publication for Standalone & Consolidated Audited Financial Results for the Quarter & year ended on March 31 2026.

Compliances-Reg.24(A)-Annual Secretarial Compliance

30-May-2026 | Source : BSE

Pursuant to Reg 24A of the SEBI (LODR) Regulations 2015 Annual Secretarial Compliance Report for F.Y. 2025-26 is attached herewith.

Announcement under Regulation 30 (LODR)-Change in Management

29-May-2026 | Source : BSE

Re-appointment of Internal Auditor & Cost Auditor F.Y. 2026-27 and Management clarification letter for resignation of Company Secretary & Compliance Officer along with resignation letter is attached herewith.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

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DIVIDEND

No Dividend history available

stock-summary
SPLITS

Madhav Infra Projects Ltd has announced 1:10 stock split, ex-date: 27 Apr 20

stock-summary
BONUS

Madhav Infra Projects Ltd has announced 3:1 bonus issue, ex-date: 06 Aug 20

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

No Data Found

Valuation key factors

No Data Found

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Bearish
Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ashok Madhavdas Khurana (30.18%)

Highest Public shareholder

None

Individual Investors Holdings

28.54%

stock-summaryFinancial
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          "val1": "15.83",
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "14.71%",
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        "Mar'26",
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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQstock-summary

Mar'26
Dec'25
Change(%)
Net Sales
254.06
53.70
373.11%
Operating Profit (PBDIT) excl Other Income
20.79
12.09
71.96%
Interest
3.15
6.90
-54.35%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11.58
-4.19
376.37%
Operating Profit Margin (Excl OI)
8.18%
22.51%
-14.33%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2026 is 373.11% vs -49.73% in Dec 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 376.37% vs -133.41% in Dec 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
194.36
154.66
25.67%
Operating Profit (PBDIT) excl Other Income
33.35
29.21
14.17%
Interest
15.29
12.43
23.01%
Exceptional Items
0.00
0.00
Consolidate Net Profit
20.02
11.01
81.83%
Operating Profit Margin (Excl OI)
17.16%
18.89%
-1.73%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 25.67% vs -30.28% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 81.83% vs -28.83% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
248.06
301.92
-17.84%
Operating Profit (PBDIT) excl Other Income
45.44
44.40
2.34%
Interest
22.19
20.25
9.58%
Exceptional Items
0.00
0.00
Consolidate Net Profit
15.83
13.70
15.55%
Operating Profit Margin (Excl OI)
18.32%
14.71%
3.61%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -17.84% vs -2.48% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 15.55% vs -28.12% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
502.13
610.24
-17.72%
Operating Profit (PBDIT) excl Other Income
66.24
66.84
-0.90%
Interest
25.34
27.62
-8.25%
Exceptional Items
0.00
0.00
Consolidate Net Profit
27.42
25.86
6.03%
Operating Profit Margin (Excl OI)
13.19%
10.95%
2.24%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2026 is -17.72% vs 32.55% in Mar 2025

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 6.03% vs 19.28% in Mar 2025

stock-summaryCompany CV
About Madhav Infra Projects Ltd stock-summary
stock-summary
Madhav Infra Projects Ltd
Micro Cap
Construction
Madhav Infra Projects Limited was incorporated on October 7, 1992. The Company operates in the fields of Highways, Urban Infrastructure, Real Estate and Energy. It is also engaged in power generation business i.e. Solar & Hydro. During the year 2021, the Company implemented various projects through various clients as under: 1) EPC work of Rehabiliation and Upgradation of Road for Civil Package no.
Company Coordinates stock-summary
Company Details
Madhav House Plot No 04, Nr Panchratna Bldg Subhanpura Vadodara Gujarat : 380023
stock-summary
Tel:
stock-summary
secretarial@madhavcorp.com
Registrar Details