Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.61 | 19.86 | 40.74 | 14.49 | 16.25 | 22.68 | 42.20 | 30.94 | 16.42 | 24.80 | 47.62 | 12.82 |
| Expenses | 14.09 | 19.00 | 36.06 | 13.99 | 17.70 | 26.05 | 30.51 | 28.18 | 13.05 | 20.28 | 46.85 | 10.69 |
| Operating Profit | 2.52 | 0.86 | 4.68 | 0.50 | -1.45 | -3.37 | 11.69 | 2.76 | 3.37 | 4.52 | 0.77 | 2.13 |
| OPM % | 15.17% | 4.33% | 11.49% | 3.45% | -8.92% | -14.86% | 27.70% | 8.92% | 20.52% | 18.23% | 1.62% | 16.61% |
| Other Income | 0.04 | 0.00 | 0.00 | 1.36 | 0.64 | 0.06 | 0.24 | 0.52 | 1.49 | 0.52 | 0.54 | 0.02 |
| Interest | 0.37 | 0.10 | 0.35 | 0.10 | 0.11 | 0.10 | 0.28 | 0.48 | -0.08 | 0.19 | 0.35 | 0.79 |
| Depreciation | 0.92 | 0.65 | 0.73 | 0.41 | 0.41 | 0.44 | 0.54 | 0.55 | 0.57 | 0.52 | 0.47 | 0.34 |
| Profit before tax | 1.27 | 0.11 | 3.60 | 1.35 | -1.33 | -3.85 | 11.11 | 2.25 | 4.37 | 4.33 | 0.49 | 1.02 |
| Tax % | 43.31% | 90.91% | 54.72% | 17.78% | -131.58% | -5.97% | 15.66% | 19.11% | 32.49% | 21.94% | 24.49% | 33.33% |
| Net Profit | 0.72 | 0.01 | 1.63 | 1.11 | 0.42 | -3.61 | 9.36 | 1.81 | 2.94 | 3.37 | 0.37 | 0.68 |
| EPS in Rs | 0.46 | 0.01 | 1.05 | 0.72 | 0.27 | -2.34 | 6.06 | 1.17 | 1.90 | 2.18 | 0.24 | 0.44 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 2 | 0 | 0 | 0 | 1 | 68 | 93 | 96 | 120 | 102 |
| Expenses | 1 | 0 | 3 | 0 | 0 | 0 | 3 | 71 | 83 | 88 | 108 | 91 |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | -2 | -3 | 10 | 7 | 11 | 11 |
| OPM % | -79% | -22% | -17% | -1,500% | -250% | -62% | -136% | -4.0% | 11% | 8% | 10% | 11% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 2 | 2 | 2 |
| Profit before tax | -0 | 0 | -0 | -0 | -0 | -0 | -3 | -3 | 7 | 7 | 11 | 10 |
| Tax % | 0% | 20% | 0% | 0% | 0% | 0% | -3% | -6% | 46% | 0% | 26% | |
| Net Profit | -0 | 0 | -0 | -0 | -0 | -0 | -3 | -3 | 4 | 7 | 8 | 7 |
| EPS in Rs | -0.13 | 0.05 | -0.13 | -0.10 | -0.10 | -0.03 | -1.93 | -1.71 | 2.35 | 4.72 | 5.50 | 4.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 80% | 332% | 21% | -9% | ||
| Compounded Profit Growth | 46% | 180% | 73% | -8% | ||
| Stock Price CAGR | % | 38% | 36% | -43% | ||
| Return on Equity | % | % | % | 14% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 15 | 15 |
| Reserves | 1 | 0 | 1 | 0 | 0 | 0 | -0 | -3 | -7 | -4 | 41 | 49 |
| Borrowings | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 9 | 9 | 12 | 8 | 36 |
| Other Liabilities | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 32 | 37 | 55 | 72 |
| Total Liabilities | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 10 | 37 | 48 | 118 | 172 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 14 | 18 | 16 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 4 | 18 |
| Other Assets | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 5 | 23 | 30 | 85 | 123 |
| Total Assets | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 10 | 37 | 48 | 118 | 172 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3 | -1 | 0 | 3 | -0 | -0 | 0 | -3 | 15 | 5 | -27 | -15 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 | -13 | -7 | -17 | -15 |
| Cash from Financing Activity | 3 | 1 | 0 | -3 | 0 | 0 | 0 | 6 | -1 | 2 | 45 | 30 |
| Net Cash Flow | 0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 | 2 | 1 | 1 | -0 |
| Free Cash Flow | -3 | -1 | 0 | 3 | -0 | -0 | 0 | -5 | 3 | -1 | -40 | -16 |
| CFO/OP | 323% | -1,400% | -749% | 40% | 20% | -40% | 165% | -550% | 73% | -341% | -98% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 325 | 4,347 | 13,018 | 2 | 0 | 0 | 0 | 409 | 19 | 88 | 254 | 285 |
| Inventory Days | 0 | 61 | 548 | 41 | 531 | 122 | 0 | |||||
| Days Payable | 365 | 0 | 0 | 0 | 0 | |||||||
| Cash Conversion Cycle | 325 | 4,043 | 13,566 | 43 | 531 | 122 | 0 | 409 | 19 | 88 | 254 | 285 |
| Working Capital Days | 823 | 3,960 | 13,424 | 569 | 119,720 | 19,223 | 13,277 | 727 | -70 | -55 | 79 | 106 |
| ROCE % | 1% | -4% | 2% | -6% | -4% | -5% | -2% | -44% | -37% | 93% | 21% | 15% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 62.85% | 62.85% | 62.85% | 62.85% | 33.29% | 33.29% | 33.29% | 33.29% | 33.29% | 33.29% | 33.29% | 33.29% |
| FIIs | 0.00% | 0.00% | 0.00% | 1.74% | 6.45% | 6.45% | 7.48% | 6.90% | 7.47% | 7.24% | 7.24% | 6.51% |
| Public | 37.14% | 37.14% | 37.14% | 35.41% | 60.26% | 60.26% | 59.24% | 59.81% | 59.24% | 59.46% | 59.48% | 60.20% |
| No. of Shareholders | 243 | 249 | 388 | 515 | 1,350 | 1,961 | 2,508 | 2,642 | 2,792 | 2,933 | 2,936 | 3,005 |
Fundamentals
Market Cap₹ 39.1 Cr.
Current Price₹ 25.3
Stock P/E5.32
Book Value₹ 41.7
ROCE15.1 %
ROE14.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-9%
Compounded Profit Growth (TTM)-8%
Standalone figures.
Valuation
Market capRs 34 Cr
Enterprise valueRs 67 Cr
P/E (TTM)4.65x
Price to book0.53x
Price to sales0.34x
EV / EBITDA5.02x
EV / EBIT5.85x
EV / sales0.66x
Earnings yield21.51%
P/E, 3-year average4.64x
P/B, 3-year average-4.44x
P/E, 5-year average4.64x
P/B, 5-year average3.95x
Profitability
Operating margin (excl. other income)9.54%
Operating margin (incl. other income)12.10%
EBITDA margin13.14%
Pre-tax margin10.04%
Net profit margin7.24%
Net margin, latest quarter5.30%
ROE14.09%
ROCE15.09%
ROA5.85%
ROE, 3-year average-34.13%
ROCE, 3-year average44.95%
ROA, 3-year average7.75%
ROE, 5-year average-33.92%
ROCE, 5-year average10.80%
ROA, 5-year average-6.87%
ROIC (approx.)8.75%
Tax rate25.66%
Other income / net worth4.75%
Growth
Sales growth (latest year)25.29%
Profit growth (latest year)16.46%
Sales CAGR, 3 years20.89%
Sales CAGR, 5 years331.58%
Sales growth QoQ-73.08%
Profit growth QoQ83.78%
Sales growth YoY (latest quarter)-58.56%
Profit growth YoY (latest quarter)-62.43%
Per share
EPS (TTM)Rs 4.76
EPS (latest year)Rs 5.50
EPS (latest quarter)Rs 0.44
EPS, 3-year averageRs 7.34
EPS, 5-year averageRs 0.75
Book value per shareRs 41.73
Sales per shareRs 65.80
Cash flow per shareRs -9.59
Free cash flow per shareRs -10.36
Efficiency
Asset turnover0.70x
Fixed asset turnover7.89x
Debtor days285 days
Debtors turnover1.28x
Creditor days0 days
Cash conversion cycle285 days
Working capital days106 days
Leverage
Total debtRs 36 Cr
Cash and bankRs 3 Cr
Net debtRs 33 Cr
Debt to equity0.55x
Net debt / EBITDA2.46x
Interest coverage9.17x
Owners' fund to total sources37.47%
Debt to assets20.72%
Cash flow
Cash from Operating Activity (latest year)Rs -15 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs 30 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -16 Cr
FCFE (approx.: FCF + change in debt)Rs 12 Cr
Cash from ops / profit, 5 years-1.92x
Statement figures
Net sales (TTM)Rs 102 Cr
Net sales (latest year)Rs 120 Cr
Sales (latest quarter)Rs 13 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 12 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 93 Cr
Total expenditure (latest year)Rs 108 Cr
Total income (latest year)Rs 123 Cr
Share capitalRs 15 Cr
ReservesRs 49 Cr
Shareholders' fundsRs 64 Cr
Total assetsRs 172 Cr
Net blockRs 15 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 18 Cr
ReceivablesRs 94 Cr
Other liabilitiesRs 72 Cr
Shares outstanding (crore)1.54
Ownership
Promoter holding33.29% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 4.7 is at the 15th percentile of its own 2.2-year range
(median 6.0, low 2.9, high 33.1).
P/B 0.53 is the lowest in 2.9 years (median 1.75).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 539762 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -17.5% | -2.8% | -14.7 pts |
| 1 month | -15.5% | -6.8% | -8.7 pts |
| 3 months | -27.0% | -7.6% | -19.4 pts |
| 3 years | +117.8% | +14.2% | +103.6 pts |
| 5 years | +326.8% | +27.9% | +298.9 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -187% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 14% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹13 Cr -58.6% vs Jun 2025.
Net profit ₹1 Cr -62.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Larsen & Toubro Ltd | 515,837 | 29.3 | 14.6 % |
| Rail Vikas Nigam Ltd | 41,263 | 45.9 | 10.8 % |
| Kalpataru Projects International Ltd | 23,312 | 21.0 | 18.3 % |
| NBCC (India) Ltd | 21,063 | 30.8 | 29.3 % |
| Cemindia Projects Ltd | 21,015 | 34.9 | 32.8 % |
| IRB Infrastructure Developers Ltd | 20,508 | 20.8 | 7.47 % |
| Engineers India Ltd | 17,435 | 22.2 | 30.4 % |
| Central Mine Planning & Design Institute Ltd | 15,217 | 23.3 | 38.1 % |
| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
| Welspun Enterprises Ltd | 10,302 | 29.1 | 16.7 % |
| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| Afcons Infrastructure Ltd | 9,014 | 44.0 | 13.9 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Modern Engineering and Projects Ltd?
Modern Engineering and Projects Ltd (539762) has a market capitalisation of Rs 39.1 Cr. at the 2026-10-01 close.
What is the P/E ratio of Modern Engineering and Projects Ltd?
Modern Engineering and Projects Ltd trades at a P/E of 5.32 on trailing twelve-month profit, at the 2026-10-01 close.
What were Modern Engineering and Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, Modern Engineering and Projects Ltd sales was Rs 13 Cr (-58.6% vs Jun 2025) and net profit was Rs 1 Cr.