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Key Ratios
Checked just nowMarket Cap₹4,010 Cr
Current Price—
Previous Close—
High / Low (52w)—
Volume—
Avg Vol (1W)—
Avg Vol (1M)—
Stock P/E30.43
Book Value₹89.4
Dividend Yield8.65%
ROE462.55%
ROA190.89%
Revenue (TTM)—
Revenue Growth—
Profit Margin18.4%
Total Debt—
Shares Outstanding32 Cr
Face Value₹100
EPS (TTM)₹3.69
P/B1.38
Debt / Equity1.1
50 DMA—
200 DMA—
Day change—
Pros
- Healthy return on equity of 462.6%.
- Pays a dividend yield of 8.7%.
- Company is almost debt-free.
- Revenue grew 43% YoY.
- Net profit is growing year over year.
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 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Revenue | ₹335 Cr | ₹533 Cr | ₹765 Cr |
| EBITDA | ₹168 Cr | ₹317 Cr | ₹444 Cr |
| Net Profit | ₹42 Cr | ₹65 Cr | ₹78 Cr |
| EPS | 1.27 | 1.95 | 2.37 |
Balance Sheet
| Metric | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Total Assets | ₹3,909 Cr | ₹5,897 Cr | ₹5,896 Cr |
| Total Liabilities | ₹3,487 Cr | ₹5,335 Cr | ₹5,256 Cr |
| Equity | ₹422 Cr | ₹562 Cr | ₹640 Cr |
| Total Debt | — | — | — |
Cash Flow
| Metric | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Operating | ₹402 Cr | ₹458 Cr | ₹710 Cr |
| Investing | ₹-1,037 Cr | ₹-1,571 Cr | ₹-801 Cr |
| Financing | ₹616 Cr | ₹1,172 Cr | ₹52 Cr |
| Free Cash Flow | ₹402 Cr | ₹458 Cr | ₹710 Cr |
Shareholding
Promoter 61.42% Institutions 9.62% Public 28.96%
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 2026-03-31
Promoter61.4%
FII0%
DII9.6%
Institutions9.6%
Public29%
Promoter Pledge0%
No. of Shareholders0
Shareholding Pattern
Quarterly — figures in %. Latest 11 quarters.
| Period | Jan 2024 | Jan 2024 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 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% |
| DIIs | 9.2% | 9.2% | 9.4% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% | 9.6% |
| Public | 29.4% | 29.4% | 29.1% | 29% | 29% | 29% | 29% | 29% | 29% | 29% | 29% |
| Promoter Pledge | 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 |
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 Invra 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 Altarnatives Investment Trustnew Treasury Plus Fund | Public Shareholding | 0.2% | 7,50,000 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Mahindra Mahindra Limited | 0 | 0% | 2026-03-31 |
| Mahindra Susten Private Limited | 0 | 0% | 2026-03-31 |
| 2452991 Ontario Limited | 0 | 0% | 2026-03-31 |
| 2726522 Ontario Limited | 0 | 0% | 2026-03-31 |
| Neo Altarnatives Investment Trustnew Treasury Plus Fund | 0 | 0% | 2026-03-31 |
| Neo Invra Income Opportunities Fund | 0 | 0% | 2026-03-31 |
| Asian Infrastructure Investment Bank | 0 | 0% | 2026-03-31 |
| Mahindra Mahindra Limited | 0 | 0% | 2025-12-31 |
| Mahindra Susten Private Limited | 0 | 0% | 2025-12-31 |
| 2452991 Ontario Limited | 0 | 0% | 2025-12-31 |
| 2726522 Ontario Limited | 0 | 0% | 2025-12-31 |
| Neo Alternatives Investment Trustneo Treasury Plus Fund | 0 | 0% | 2025-12-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| PRIYA SUBBARAMAN | Chairperson | 2025 |
| Debapratim Hajara | Non-Exec & Non-Independent Dir | 2025 |
| Puneet Renjhen | Non-Exec & Non-Independent Dir | 2025 |
| S S Rao | Independent Non Exe. Director | 2025 |
| SUMIT DAYAL | Independent Non Exe. Director | 2025 |
| S N Sahai | Independent Non Exe. Director | 2025 |
| Premod Paul Thomas | Nominee | 2025 |
| Nina Krishna Murthy | Independent Non Exe. Director | 2025 |
| RAVI SETH | Independent Non Exe. Director | 2025 |
| Deepak Dara | Non-Exec & Non-Independent Dir | 2025 |
| Amarjyoti Barua | Non-Exec & Non-Independent Dir | 2025 |
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 |
Company Information
📍 Mahindra Towers Nr.Doodar.Kend, Pandurang Budhkar Marg, Mumbai, Maharashtra, 400018
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