Debut Plus

₹17.4

▲ +0.34 +1.99%

18 Jul 2026

BSE Listed

ESM 2

Marg Techno Projects Limited (540254)

Volume: 1,29,309Avg Vol 1W: 57,629Avg Vol 1M: 81,32352W Range:₹7.94₹22.15
BSE www.margtechno.com
Key Ratios
Checked just now
Market Cap₹136 Cr
Current Price₹17.4
Previous Close₹17.06
High / Low (52w)₹22.15 / ₹7.94
Volume1,29,309
Avg Vol (1W)57,629
Avg Vol (1M)81,323
Stock P/E133.85
Book Value₹12.61
Dividend Yield0%
ROE286.55%
ROA158.76%
Revenue (TTM)—
Revenue Growth—
Profit Margin14.47%
Total Debt—
Shares Outstanding8 Cr
Face Value—
EPS (TTM)₹0.13
P/B1.38
Debt / Equity1.6
50 DMA₹14.55
200 DMA₹15.75
Day change+1.99%
SurveillanceESM 2 (as of 2026-07-18)
Price Chart
₹17.4▲ 20.08% · 1Y
₹30₹85.0L
2025-07-17
2026-07-17

20-day avg volume: 76K shares

Pros
  • Healthy return on equity of 286.6%.
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 134.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue————————
EBITDA————————
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2025
Revenue₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹3 Cr₹5 Cr₹5 Cr₹5 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.10.050.020.350.450.580.820.58
Balance Sheet
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2025
Total Assets₹6 Cr₹6 Cr₹9 Cr₹11 Cr₹36 Cr₹29 Cr₹26 Cr₹35 Cr
Total Liabilities₹1 Cr₹1 Cr₹4 Cr₹6 Cr₹30 Cr₹23 Cr₹20 Cr₹23 Cr
Equity₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹6 Cr₹6 Cr₹7 Cr₹13 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-22 Cr₹10 Cr₹6 Cr₹-1 Cr₹-4 Cr
Investing₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Financing₹23 Cr₹-10 Cr₹-6 Cr₹-2 Cr₹3 Cr
Free Cash Flow₹-22 Cr₹10 Cr₹6 Cr₹-1 Cr₹-4 Cr
Shareholding
Promoter 48.35% Institutions 2.49% Public 49.16%
Efficiency & Working Capital
ROCE6.9%
Interest Coverage1.2
Dividend Payout—
Debtor Days0 d
Inventory Days0 d
Payable Days9 d
Cash Conversion Cycle-9 d
Working Capital Days0 d
Shareholding Details

As of 2026-06-30

Promoter48.4%
FII2.5%
DII0%
Institutions2.5%
Public49.2%
Promoter Pledge0%
No. of Shareholders1,966
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters72.8%72.8%72.8%72.8%72.8%72.8%43.7%43.7%43.7%43.7%48.4%48.4%
FIIs0%0%0%0%0%0%0%0%0%0%0%2.5%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public27.2%27.2%27.2%27.2%27.2%27.2%56.3%56.3%56.3%56.3%51.6%49.2%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,0311,0541,1641,1841,2591,3841,4151,4401,4381,4581,6051,966
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Arun Madhavan NairShareholding of Promoter and Promoter Group15%21,30,500
Akhil NairShareholding of Promoter and Promoter Group14.2%20,18,190
Madhubhai Nanjibhai VekariaPublic Shareholding11.6%16,50,000
Vasantbhai Lavjibhai MangroliaPublic Shareholding10.9%15,50,000
Madhavan Kakkat NairShareholding of Promoter and Promoter Group10.2%14,46,310
Dhananjay Kakkat NairShareholding of Promoter and Promoter Group4.6%6,54,310
Reema Madhavan NairShareholding of Promoter and Promoter Group4.3%6,16,860
Mansukhbhai Mahadevbhai ParejiyaPublic Shareholding3.9%5,50,000
Pine Oak Global FundPublic Shareholding2.5%3,53,487
Rajesh Narayanan PillaiPublic Shareholding2.1%3,00,949
Saurabh GuptaPublic Shareholding2.1%3,00,000
Shashwat ShrikhandePublic Shareholding2.1%3,00,000
Shital Rajesh PillaiPublic Shareholding1.6%2,20,688
Roopali Vivek JainPublic Shareholding1.4%2,00,000
Kunjit Maheshbhai PatelPublic Shareholding1.4%1,99,455
Thakor Nayana ChandubhaiPublic Shareholding1.2%1,70,472
Vrutika Kishorbhai SiyaniPublic Shareholding1.1%1,50,000
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Arun Madhavan Nair00%2026-06-30
Akhil Nair00%2026-06-30
Madhavan Kakkat Nair00%2026-06-30
Dhananjay Kakkat Nair00%2026-06-30
Reema Madhavan Nair00%2026-06-30
Pine Oak Global Fund00%2026-06-30
Madhubhai Nanjibhai Vekaria00%2026-06-30
Vasantbhai Lavjibhai Mangrolia00%2026-06-30
Mansukhbhai Mahadevbhai Parejiya00%2026-06-30
Rajesh Narayanan Pillai00%2026-06-30
Saurabh Gupta00%2026-06-30
Shashwat Shrikhande00%2026-06-30
Board of Directors
NameDesignationYear
Arun Madhavan NairNon Executive Director2024
Manish Jayvadan JariwalaIndependent Director2024
Akhil NairManaging Director2024
Dhananjay Kakkat NairChairman & Wholetime Director2024
Pankaj Ganpat JadhavIndependent Director2024
DEEPA SAJEEV NAIRIndependent Director2024
Divya Bharatkumar ZaveriCompany Sec. & Compli. Officer2024
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10111010
Corporate Actions
TypeDateValueRemark
rights2026-06-19Right Issue of Equity Shares—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2024000101
2024000101
2024000001
Substantial Acquisitions (SAST)

7 disclosure(s)

Pref. Allotment12/12/2025 · 4,50,000
Pref. Allotment22/12/2024 · 15,50,000
Pref. Allotment22/12/2024 · 16,50,000
Pref. Allotment22/12/2024 · 2,00,000
Pref. Allotment22/12/2024 · 15,50,000
Pref. Allotment22/12/2024 · 16,50,000
Company Information
Incorporated1993
ChairmanDhananjay Kakkat Nair
AuditorSheladiya & Jyani.
Investor Email[email protected]
🌐 www.margtechno.com ↗

📍 9 Ground M Floor Goverdhan, Apartment Timaliyawadi, Surat, Gujarat, 395001

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Osiajee Texfab LimitedCorporate Merchant BankerEIKO Lifesciences LimitedShashank Traders LimitedNew Light Industries LimitedViram Suvarn LimitedShangar Decor LimitedGlobe Commercials LimitedFlora Corporation LimitedSuper Fine Knitters LimitedRaideep Industries LimitedClassic Filaments LimitedAll “54” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search