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Key Ratios
Checked 11h agoMarket Cap₹4,082 Cr
Current Price—
Previous Close—
High / Low (52w)—
Volume—
Avg Vol (1W)—
Avg Vol (1M)—
Stock P/E30.43
Book Value₹89.4
Dividend Yield8.49%
ROE462.55%
ROA190.89%
Revenue (TTM)—
Revenue Growth—
Profit Margin18.4%
Total Debt—
Shares Outstanding32 Cr
Face Value₹100
EPS (TTM)₹3.69
P/B1.41
Debt / Equity1.1
50 DMA—
200 DMA—
Day change—
Pros
- Healthy return on equity of 462.6%.
- Pays a dividend yield of 8.5%.
- Company is almost debt-free.
Cons
- Revenue fell 100% YoY.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹206 Cr | ₹160 Cr | ₹165 Cr | ₹191 Cr | ₹201 Cr | ₹162 Cr | ₹172 Cr | ₹194 Cr |
| EBITDA | ₹114 Cr | ₹77 Cr | ₹90 Cr | ₹107 Cr | ₹112 Cr | ₹70 Cr | ₹78 Cr | ₹109 Cr |
| Net Profit | ₹52 Cr | ₹16 Cr | ₹29 Cr | ₹43 Cr | ₹51 Cr | ₹9 Cr | ₹22 Cr | ₹52 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Dec 2024 | Mar 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr | ₹801 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹786 Cr |
| EBITDA | ₹160 Cr | ₹73 Cr | ₹388 Cr | ₹157 Cr | ₹157 Cr | ₹153 Cr | ₹114 Cr | ₹368 Cr |
| Net Profit | ₹92 Cr | ₹6 Cr | ₹139 Cr | ₹93 Cr | ₹89 Cr | ₹93 Cr | ₹54 Cr | ₹134 Cr |
| EPS | — | — | 4.29 | — | — | — | — | 4.14 |
Balance Sheet
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Total Assets | ₹3,909 Cr | ₹5,897 Cr | ₹5,896 Cr | ₹7,542 Cr | ₹7,277 Cr | ₹7,019 Cr |
| Total Liabilities | ₹3,487 Cr | ₹5,335 Cr | ₹5,256 Cr | ₹4,285 Cr | ₹4,156 Cr | ₹4,122 Cr |
| Equity | ₹422 Cr | ₹562 Cr | ₹640 Cr | ₹3,258 Cr | ₹3,121 Cr | ₹2,897 Cr |
| Total Debt | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | ₹402 Cr | ₹458 Cr | ₹710 Cr | ₹88 Cr | ₹637 Cr | ₹620 Cr |
| Investing | ₹-1,037 Cr | ₹-1,571 Cr | ₹-801 Cr | ₹-126 Cr | ₹-23 Cr | ₹294 Cr |
| Financing | ₹616 Cr | ₹1,172 Cr | ₹52 Cr | ₹-60 Cr | ₹-644 Cr | ₹-668 Cr |
| Free Cash Flow | ₹402 Cr | ₹458 Cr | ₹710 Cr | ₹88 Cr | ₹637 Cr | ₹620 Cr |
Shareholding
Promoter 61.42% Institutions 8.84% Public 29.74%
Efficiency & Working Capital
ROCE5.7%
Interest Coverage1.4
Dividend Payout—
Debtor Days16 d
Inventory Days0 d
Payable Days12 d
Cash Conversion Cycle5 d
Working Capital Days17 d
Shareholding Details
As of 2026-06-30
Promoter61.4%
FII0%
DII8.8%
Institutions8.8%
Public29.7%
Promoter Pledge0%
No. of Shareholders0
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jan 2024 | Jan 2024 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% | 61.4% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 9.2% | 9.2% | 9.4% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 8.8% |
| Public | 29.4% | 29.4% | 29.1% | 29% | 29% | 29% | 29% | 29% | 29% | 29% | 29% | 29.7% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| 2452991 Ontario Limited | Shareholding of Promoter and Promoter Group | 33.8% | 10.96 Cr |
| Mahindra Susten Private Limited | Shareholding of Promoter and Promoter Group | 15% | 4.87 Cr |
| Asian Infrastructure Investment Bank | Public Shareholding | 15% | 4.86 Cr |
| Mahindra Mahindra Limited | Shareholding of Promoter and Promoter Group | 10.5% | 3.39 Cr |
| Neo Infra Income Opportunities Fund | Public Shareholding | 3.3% | 1.05 Cr |
| 2726522 Ontario Limited | Shareholding of Promoter and Promoter Group | 2.1% | 67,90,000 |
| Neo Real Asset Yield Fund | Public Shareholding | 1.2% | 39,50,000 |
| Askwa Income Opportunities Aif | Public Shareholding | 0.6% | 20,50,000 |
| Neo Alternatives Investment Trustneo Treasury Plus Fund | Public Shareholding | 0.2% | 7,25,000 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| PRIYA SUBBARAMAN | Chairperson | 2026 |
| Debapratim Hajara | Non-Exec & Non-Independent Dir | 2026 |
| Puneet Renjhen | Non-Exec & Non-Independent Dir | 2026 |
| S S Rao | Independent Non Exe. Director | 2026 |
| SUMIT DAYAL | Independent Non Exe. Director | 2026 |
| S N Sahai | Independent Non Exe. Director | 2026 |
| Premod Paul Thomas | Non Executive Nominee Director | 2026 |
| Nina Krishna Murthy | Independent Non Exe. Director | 2026 |
| RAVI SETH | Independent Non Exe. Director | 2026 |
| Amarjyoti Barua | Non-Exec & Non-Independent Dir | 2026 |
| Deepak Dara | Non-Exec & Non-Independent Dir | 2026 |
| James Hanson | Non-Exec & Non-Independent Dir | 2026 |
| Ilaa J Udeshi | Company Sec. & Compli. Officer | 2026 |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹100 | 3,240 | 3,240 | 3,240 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2026-05-22 | ₹2.4406 (2.4406%) | Final |
| dividend | 2026-02-09 | ₹2.3956 (2.3956%) | Final |
| dividend | 2025-11-04 | ₹2.8191 (2.8191%) | Final |
| dividend | 2025-07-30 | ₹3.0432 (3.0432%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 6,187 | 0 | 0 | 0 | 1,833 | 8,019 |
| 2026 | 5,557 | 0 | 0 | 0 | 1,731 | 7,289 |
| 2026 | 0 | 0 | 0 | 0 | 101 | 101 |
Company Information
📍 Mahindra Towers Nr.Doodar.Kend, Pandurang Budhkar Marg, Mumbai, Maharashtra, 400018
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