Mahaveer Infoway

  • Market Cap: Micro Cap
  • Industry: Computers - Software & Consulting
  • ISIN: INE019D01016
  • NSEID:
  • BSEID: 539383
INR
8.22
-0.43 (-4.97%)
BSENSE

Feb 12

BSE+NSE Vol: 5.03 k

  • 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

5.03 k (275.63%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

47.07%

Who are the top shareholders of the Mahaveer Infoway?

06-Jun-2025

The top shareholder of Mahaveer Infoway is promoter Ashok Kumar Jain, holding 28.01% of shares, while individual investors own 52.63%. The highest public shareholder is Niruben Jeetubhai Shah with 5.43%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Mahaveer Infoway include Ashok Kumar Jain, who is the promoter with the highest holding at 28.01%. The majority of the company's shares are held by individual investors, accounting for 52.63% of the total holdings. Additionally, the highest public shareholder is Niruben Jeetubhai Shah, with a stake of 5.43%. It's worth noting that there are no mutual funds or foreign institutional investors holding shares in the company, and the pledged promoter holdings stand at 17.6449%.

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how big is Mahaveer Infoway?

06-Jun-2025

As of Jun 06, Mahaveer Infoway Ltd has a market capitalization of 5.00 Cr, classifying it as a Micro Cap company, with net sales of 5.42 Cr and a net profit of -0.45 Cr over the latest four quarters. Shareholder's Funds are valued at 3.95 Cr, and Total Assets amount to 7.34 Cr as of Mar'24.

Market Cap: As of Jun 06, Mahaveer Infoway Ltd has a market capitalization of 5.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Mahaveer Infoway reported net sales of 5.42 Cr and a net profit of -0.45 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the reporting period of Mar'24. The Shareholder's Funds are valued at 3.95 Cr, while the Total Assets amount to 7.34 Cr.

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Who are in the management team of Mahaveer Infoway?

06-Jun-2025

As of March 2021, the management team of Mahaveer Infoway includes Ashok Kumar Jain (Managing Director), Jeetendra Kumar Bhansali, Vijay M Jain, Rajender Kumar Jain (Directors), Vinit Maharia, Budhi Prakash Toshniwal, Harinarayan Vyas, Kanika Suri (Independent Directors), and Tejshvi Joshi, Harika Pabbathi (Company Secretaries). The team comprises a mix of directors and independent directors overseeing the company's operations and compliance.

As of March 2021, the management team of Mahaveer Infoway includes:<BR><BR>1. Ashok Kumar Jain - Managing Director<BR>2. Jeetendra Kumar Bhansali - Director<BR>3. Vijay M Jain - Director<BR>4. Vinit Maharia - Independent Director<BR>5. Budhi Prakash Toshniwal - Independent Director<BR>6. Rajender Kumar Jain - Director<BR>7. Harinarayan Vyas - Independent Director<BR>8. Kanika Suri - Additional Independent Director<BR>9. Tejshvi Joshi - Company Secretary & Compliance Officer<BR>10. Harika Pabbathi - Company Secretary & Compliance Officer<BR><BR>As of March 2021, the company is led by a diverse group of directors and independent directors, along with company secretaries responsible for compliance.

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What does Mahaveer Infoway do?

06-Jun-2025

Mahaveer Infoway Ltd, a Micro Cap company in the Computers - Software & Consulting industry, reported net sales and profit of 0 Cr for March 2025. Founded in 1991, it has a market cap of Rs 5 Cr and a debt-equity ratio of 0.43.

Overview:<BR>Mahaveer Infoway Ltd operates in the Computers - Software & Consulting industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated in 1991 as Mahaveer Leafin and Holdings Pvt Ltd, converted to a Public Limited Company in February 1996, and subsequently renamed Mahaveer Infoway Limited on January 7, 2000. The latest quarterly results reported net sales and net profit of 0 Cr for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 0 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 5 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.43<BR>- Return on Equity: -11.39%<BR>- Price to Book: 1.18<BR><BR>Contact Details:<BR>Address: 7-1-24/2/C 301/A Greenlands, Dhansi Surabhi Complx Ameerpet Hyderabad Telangana : 500016 <BR>Tel: 91-40-66134054 <BR>Fax: 91-40-66134055 <BR>Email: cs@minfy.com/info@minfy.com <BR>Website: http://www.minfy.com

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Has Mahaveer Infoway declared dividend?

06-Jun-2025

Mahaveer Infoway Ltd has declared a 2% dividend, but it has a dividend yield of 0%. Total returns over various periods show significant price appreciation, particularly over the long term, despite the absence of dividends in recent years.

Mahaveer Infoway Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Ex-date: 20 Sep 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -10.81%, with a dividend return of 0%, resulting in a total return of -10.81%.<BR><BR>Over the past year, the price return was 13.48%, with a dividend return of 0%, leading to a total return of 13.48%.<BR><BR>In the 2-year period, the price return was 1.01%, with a dividend return of 0%, resulting in a total return of 1.01%.<BR><BR>For the 3-year period, the price return was 2.96%, with a dividend return of 0%, leading to a total return of 2.96%.<BR><BR>In the last 4 years, the price return was 61.94%, with a dividend return of 0%, resulting in a total return of 61.94%.<BR><BR>Over the 5-year period, the price return was 540.0%, with a dividend return of 0%, leading to a total return of 540.0%.<BR><BR>Overall, Mahaveer Infoway has declared a dividend but has not provided any dividend yield, indicating that the dividend may not have a significant impact on returns. The total returns over various periods show a mix of performance, with substantial gains over the longer term despite the absence of dividends in recent periods.

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Who are the peers of the Mahaveer Infoway?

03-Jun-2025

Peers of Mahaveer Infoway include TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, LTI Mindtree, Persistent Sys, Jointeca Educati, and Quintegra Soln. Mahaveer Infoway has below average management risk, growth, and capital structure compared to its peers, with a 1-year return of -3.05%.

Peers: The peers of Mahaveer Infoway are TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, LTI Mindtree, Persistent Sys, Jointeca Educati, and Quintegra Soln.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS, Infosys, LTI Mindtree, Persistent Sys, while Good management risk is found at Wipro and Tech Mahindra. Below Average management risk is noted for Mahaveer Infoway. Growth is Excellent at LTI Mindtree and Persistent Sys, Good at TCS and Infosys, Average at HCL Technologies, and Below Average at Wipro and Tech Mahindra, while Mahaveer Infoway has Below Average growth. Excellent capital structure is seen at TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, LTI Mindtree, and Persistent Sys, while Mahaveer Infoway has an Average capital structure, and Jointeca Educati and Quintegra Soln. do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Persistent Sys at 60.53%, while the lowest is Jointeca Educati at -67.24%. Mahaveer Infoway's 1-year return is -3.05%, which is higher than Jointeca Educati's but lower than Persistent Sys's. Additionally, several peers, including Jointeca Educati and Quintegra Soln., have negative six-month returns.

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Is Mahaveer Infoway overvalued or undervalued?

09-Jun-2025

As of May 27, 2024, Mahaveer Infoway is considered overvalued and risky, with a PE ratio of -4.41 and a year-to-date return of -15.13%, significantly underperforming compared to peers like TCS and Infosys.

As of 27 May 2024, the valuation grade for Mahaveer Infoway has moved from very attractive to risky. This shift indicates that the company is currently overvalued. Key ratios highlight the concerning financial position, with a PE ratio of -4.41, an EV to EBIT of -6.12, and a ROE of -11.39%. These figures suggest significant operational challenges and a lack of profitability.<BR><BR>In comparison to peers, Mahaveer Infoway's valuation stands out unfavorably; for instance, TCS has a PE ratio of 25.23 and Infosys has a PE ratio of 24.32, both indicating strong market confidence. Additionally, the company's recent performance has lagged behind the Sensex, with a year-to-date return of -15.13% compared to the Sensex's 5.59%. Overall, Mahaveer Infoway appears to be overvalued given its financial metrics and peer comparisons.

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What is the technical trend for Mahaveer Infoway?

09-Jun-2025

As of May 29, 2025, Mahaveer Infoway's technical trend is mildly bearish, supported by bearish Bollinger Bands and moving averages, despite mixed signals from the MACD and KST indicators.

As of 29 May 2025, the technical trend for Mahaveer Infoway has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages also show a mildly bearish trend. The KST is mildly bullish weekly but bearish monthly, while Dow Theory indicates a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals from Bollinger Bands and moving averages.

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How has been the historical performance of Mahaveer Infoway?

17-Nov-2025

Mahaveer Infoway has experienced fluctuating financial performance, with net sales increasing to INR 5.41 crore in March 2024 but facing losses in operating profit and profit after tax, which turned negative at -0.15 crore and -0.45 crore, respectively. Total assets and liabilities decreased, and cash flow from operations has remained stagnant.

Answer:<BR>The historical performance of Mahaveer Infoway shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Mahaveer Infoway's net sales have shown a gradual increase from INR 1.24 crore in March 2021 to INR 5.41 crore in March 2024, although it peaked at INR 30.54 crore in March 2019. The total operating income followed a similar trend, reaching INR 5.41 crore in March 2024, up from INR 4.11 crore in March 2023. However, the company has faced challenges with total expenditure, which rose to INR 5.85 crore in March 2024 from INR 3.61 crore in March 2023, leading to an operating profit of -0.15 crore in March 2024, a decline from a profit of 0.59 crore in the previous year. The profit after tax also turned negative, recording -0.45 crore in March 2024 compared to a profit of 0.32 crore in March 2023. The company's total assets decreased to INR 7.34 crore in March 2024 from INR 8.61 crore in March 2023, while total liabilities also fell to INR 7.34 crore in March 2024 from INR 8.61 crore in March 2023. The cash flow from operating activities has remained stagnant, with no inflow reported in the last two years. Overall, Mahaveer Infoway's financial performance reflects significant volatility, particularly in profitability and asset management.

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When is the next results date for Mahaveer Infoway Ltd?

03-Feb-2026

The next results date for Mahaveer Infoway Ltd is 10 February 2026.

The next results date for Mahaveer Infoway Ltd is scheduled for 10 February 2026.

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Are Mahaveer Infoway Ltd latest results good or bad?

11-Feb-2026

Mahaveer Infoway Ltd's latest Q3 FY26 results are concerning, showing a net profit loss of ₹0.92 crores and a 63.75% drop in revenue to ₹0.58 crores. The negative operating margin and deteriorating return on equity suggest significant operational challenges, indicating a bleak outlook for the company.

Mahaveer Infoway Ltd's latest results for Q3 FY26 are quite concerning. The company reported a net profit loss of ₹0.92 crores, a significant decline from a profit of ₹0.20 crores in the previous quarter. Revenue also dropped sharply by 63.75% quarter-on-quarter, falling to ₹0.58 crores from ₹1.60 crores. This drastic revenue decline indicates serious operational challenges, including potential client losses or project delays.<BR><BR>Moreover, the operating margin has turned negative at -184.48%, down from a positive 15.63% in Q2 FY26, highlighting a severe mismatch between fixed costs and plummeting revenues. The return on equity (ROE) has also deteriorated to -11.39%, indicating that the company is currently destroying shareholder value.<BR><BR>Overall, the financial performance reflects a troubling trend, with multiple indicators pointing to a fundamental deterioration in the company's operations. Investors should approach this situation with caution, as the outlook appears bleak.

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Should I buy, sell or hold Mahaveer Infoway Ltd?

12-Feb-2026

Why is Mahaveer Infoway Ltd falling/rising?

12-Feb-2026

As of 12-Feb, Mahaveer Infoway Ltd's stock price is at 8.22, reflecting a decline of -4.97%. The stock is on a downward trend, trading below its moving averages and facing low investor confidence despite a significant increase in delivery volume.

As of 12-Feb, Mahaveer Infoway Ltd's stock price is falling, currently at 8.22, which reflects a change of -0.43 or -4.97%. The stock has been on a downward trend, having lost -9.67% over the last two days and -10.65% over the past month. This decline is further highlighted by its performance against the benchmark Sensex, which has shown a slight increase of +0.43% over the same week.<BR><BR>Additionally, Mahaveer Infoway is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The broader IT - Software sector has also experienced a decline of -5.2%, which may be contributing to the negative sentiment surrounding the stock.<BR><BR>Despite a significant increase in delivery volume, which rose by 1015.66% against the 5-day average, the overall market conditions and the stock's consecutive falls suggest that investor confidence is low, leading to the current decline in price.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 3.11%

  • Poor long term growth as Operating profit has grown by an annual rate 2.29% of over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -0.04
2

Flat results in Dec 25

 
3

Risky - Negative EBITDA

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Computers - Software & Consulting

stock-summary
Market cap

INR 5 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

25

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.43

stock-summary
Return on Equity

-11.39%

stock-summary
Price to Book

1.21

Revenue and Profits:
Net Sales:
1 Cr
(Quarterly Results - Dec 2025)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-34.29%
0%
-34.29%
6 Months
-5.08%
0%
-5.08%
1 Year
-13.2%
0%
-13.2%
2 Years
2.37%
0%
2.37%
3 Years
-3.63%
0%
-3.63%
4 Years
0%
0%
0.0%
5 Years
537.21%
0%
537.21%

Latest dividend: 0 per share ex-dividend date: Sep-20-2012

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

Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th February 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

10-Feb-2026 | Source : BSE

1. Unaudited financial results for the quarter ended 31.12.2025 2. Limited Review Report for the quarter ended 31.12.2025

Outcome Of Board Meeting Held On 10Th February 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

10-Feb-2026 | Source : BSE

Unaudited financial results and Limited Review Report for the quarter ended 31.12.2025

Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 10Th February 2026 Under Regulation 29 (1) (A) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

02-Feb-2026 | Source : BSE

Mahaveer Infoway Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 inter alia to consider and approve 1. Unaudited Financial results for the quarter ended on 31.12.2025 2. Limited review Report for the quarter ended on 31.12.2025 3. Any other business with the permission of the Chair

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Mahaveer Infoway Ltd has declared 2% dividend, ex-date: 20 Sep 12

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SPLITS

No Splits history available

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BONUS

No Bonus history available

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RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
18.64%
EBIT Growth (5y)
2.29%
EBIT to Interest (avg)
-0.04
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.43
Sales to Capital Employed (avg)
0.70
Tax Ratio
9.76%
Dividend Payout Ratio
0
Pledged Shares
17.64%
Institutional Holding
0
ROCE (avg)
-1.97%
ROE (avg)
1.09%

Valuation key factors

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
25
Price to Book Value
1.15
EV to EBIT
-6.24
EV to EBITDA
-6.24
EV to Capital Employed
1.10
EV to Sales
1.15
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-9.89%
ROE (Latest)
-11.39%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

17.6449

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ashok Kumar Jain (31.91%)

Highest Public shareholder

Niruben Jitubhai Shah (5.43%)

Individual Investors Holdings

51.16%

stock-summaryFinancial
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    "alert": "No Nine Monthly Results declared by Mahaveer Infoway"
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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
0.68
0.67
1.49%
Operating Profit (PBDIT) excl Other Income
0.08
0.06
33.33%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.05
0.03
66.67%
Operating Profit Margin (Excl OI)
11.76%
8.96%
2.80%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 1.49% vs -10.67% in Sep 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 66.67% vs -70.00% in Sep 2025

stock-summaryCompany CV
About Mahaveer Infoway Ltd stock-summary
stock-summary
Mahaveer Infoway Ltd
Micro Cap
Computers - Software & Consulting
Mahaveer Infoway Limited was incorporated on May 13, 1991 as a Private Limited Company with the name Mahaveer Leafin and Holdings Pvt Ltd. Later on, in February, 1996, the Company was converted into Public Limited Company and the name was changed to Mahaveer Leafin and Holdings Limited. Thereafter, on January 7, 2000, the name was changed from Mahaveer Leafin and Holdings Limited to Mahaveer Infoway Limited.
Company Coordinates stock-summary
Company Details
7-1-24/2/C 301/A Greenlands, Dhansi Surabhi Complx Ameerpet Hyderabad Telangana : 500016
stock-summary
Tel: 91-40-66134054
stock-summary
cs@minfy.com/info@minfy.com
Registrar Details
Venture Capital & Corporate Investments Ltd , 12-10-167,, MIG- 167,, Bharat Nagar Colony, Hyderabad