MarketFriction

Mewar Hi-Tech Engineering Ltd

BSE 540150 · Civil Construction
₹57.75 +5.00%
BSE close2026-09-25
Market cap₹22.5 Cr.
P/E25.6

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales17.1729.1815.7917.3920.8331.2018.8225.4918.8233.4615.7831.49
Expenses15.5726.7614.6516.5520.4626.6117.5521.5117.5528.3113.8328.72
Operating Profit1.602.421.140.840.374.591.273.981.275.151.952.77
OPM %9.32%8.29%7.22%4.83%1.78%14.71%6.75%15.61%6.75%15.39%12.36%8.80%
Other Income0.500.090.500.000.330.000.000.000.000.000.000.00
Interest1.391.650.861.241.161.491.221.371.221.021.091.21
Depreciation0.570.470.630.951.000.680.480.960.480.690.610.44
Profit before tax0.140.390.15-1.35-1.462.42-0.431.65-0.433.440.251.12
Tax %71.43%25.64%66.67%11.85%0.00%6.20%37.21%3.64%0.00%17.44%0.00%44.64%
Net Profit0.050.290.05-1.51-1.462.27-0.591.59-0.432.840.250.62
EPS in Rs0.130.740.13-3.87-3.745.82-1.514.07-1.107.280.641.59
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales40.7324.9036.9362.0360.2552.7446.3531.7951.9944.2250.5047.25
Expenses37.4921.7032.7256.8056.5748.7042.3133.5146.9939.0043.2541.07
Operating Profit3.243.204.215.233.684.044.04-1.725.005.227.256.18
OPM %7.95%12.85%11.40%8.43%6.11%7.66%8.72%-5.41%9.62%11.80%14.36%13.08%
Other Income0.110.420.460.390.130.500.591.070.290.030.010.02
Interest1.702.232.572.232.082.893.052.422.652.592.333.77
Depreciation1.351.311.181.151.271.021.041.581.681.431.471.05
Profit before tax0.300.080.922.240.460.630.54-4.650.961.233.461.38
Tax %36.67%25.00%47.83%44.64%84.78%46.03%37.04%3.44%0.00%17.89%17.34%36.23%
Net Profit0.190.060.491.240.070.340.34-4.810.961.002.850.88
EPS in Rs3.020.211.263.180.180.870.87-12.322.462.567.302.25
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%0%-3%-6%
Compounded Profit Growth31%21%-4%-69%
Stock Price CAGR%15%%-19%
Return on Equity3%2%15%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.632.843.903.903.903.903.903.903.903.903.903.90
Reserves5.603.905.666.906.977.397.732.913.874.877.738.60
Borrowings14.0819.0617.8918.9720.2123.0922.2423.6525.4922.1821.0623.79
Other Liabilities14.2214.6924.0621.6916.8416.4020.7921.9216.3615.0313.0310.52
Total Liabilities34.5340.4951.5151.4647.9250.7854.6652.3849.6245.9845.7246.81
Fixed Assets8.177.437.387.867.707.039.0010.729.678.087.298.73
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.110.110.160.170.170.110.110.110.110.110.110.11
Other Assets26.2532.9543.9743.4340.0543.6445.5541.5539.8437.7938.3237.97
Total Assets34.5340.4951.5151.4647.9250.7854.6652.3849.6245.9845.7246.81
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.31-2.642.192.300.000.004.449.33-1.385.863.191.38
Cash from Investing Activity-2.23-0.20-1.11-1.470.000.00-1.52-6.922.441.24-0.68-2.49
Cash from Financing Activity-1.123.03-1.26-0.550.000.00-2.94-2.13-1.27-7.10-2.601.03
Net Cash Flow-0.040.18-0.170.280.000.00-0.030.27-0.210.00-0.10-0.07
Free Cash Flow1.07-3.211.060.670.000.001.436.03-2.006.012.51-0.46
CFO/OP107%-75%62%63%0%0%115%-552%-28%116%52%30%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days41.5887.3785.7973.0862.9474.81109.78124.9294.4388.6593.9695.71
Inventory Days219.76550.49503.34204.85192.91248.96304.11310.38218.36275.10236.75254.10
Days Payable100.55309.61334.38139.96113.12138.59188.09272.27148.06149.06107.4184.20
Cash Conversion Cycle160.79328.25254.75137.98142.73185.19225.80163.03164.72214.69223.31265.61
Working Capital Days16.1388.8379.4655.2578.3383.3988.9118.8341.2861.9175.8276.55
ROCE %9.88%10.02%13.11%15.34%8.45%10.75%10.52%-7.37%11.49%11.90%18.20%14.93%
Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters56.01%56.01%56.01%56.01%56.01%56.01%56.01%56.01%56.01%56.01%56.05%56.32%
Public43.99%43.99%43.99%43.99%43.99%43.99%43.99%43.99%43.99%43.99%43.96%43.68%
No. of Shareholders555252545454545454608497

Fundamentals

Market Cap₹ 22.5 Cr.
Current Price₹ 57.8
Stock P/E25.6
Book Value₹ 32.0
ROCE14.9 %
ROE7.29 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-6%
Compounded Profit Growth (TTM)-69%
Standalone figures.
Valuation
Market capRs 23 Cr
Enterprise valueRs 46 Cr
P/E (TTM)25.62x
Price to book1.80x
Price to sales0.48x
EV / EBITDA7.46x
EV / EBIT8.98x
EV / sales0.98x
Price to cash flow16.34x
Earnings yield3.90%
P/E, 3-year average22.03x
P/B, 3-year average3.12x
P/E, 5-year average21.61x
P/B, 5-year average2.71x
Profitability
Operating margin (excl. other income)13.08%
Operating margin (incl. other income)13.12%
EBITDA margin13.12%
Pre-tax margin2.92%
Net profit margin1.86%
ROE7.29%
ROCE14.93%
ROA1.90%
ROE, 3-year average15.78%
ROCE, 3-year average15.01%
ROA, 3-year average3.40%
ROE, 5-year average1.67%
ROCE, 5-year average9.88%
ROA, 5-year average0.62%
ROIC (approx.)9.07%
Tax rate36.23%
Other income / net worth0.16%
Growth
Sales growth (latest year)-6.44%
Profit growth (latest year)-69.12%
Sales CAGR, 3 years-3.14%
Sales CAGR, 5 years0.39%
Profit CAGR, 3 years-2.86%
Profit CAGR, 5 years20.95%
Per share
EPS (TTM)Rs 2.25
EPS (latest year)Rs 2.25
EPS, 3-year averageRs 4.04
EPS, 5-year averageRs 0.45
Book value per shareRs 32.02
Sales per shareRs 121.04
Cash flow per shareRs 3.54
Free cash flow per shareRs -1.18
Efficiency
Asset turnover1.01x
Fixed asset turnover5.41x
Inventory turnover1.54x
Inventory days238 days
Debtor days96 days
Debtors turnover3.81x
Creditor days84 days
Cash conversion cycle266 days
Working capital days77 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 0 Cr
Net debtRs 24 Cr
Debt to equity1.90x
Net debt / EBITDA3.82x
Interest coverage1.37x
Owners' fund to total sources26.70%
Debt to assets50.82%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years20.89x
Sales to cash flow34.24x
Statement figures
Net sales (TTM)Rs 47 Cr
Net sales (latest year)Rs 47 Cr
Operating profit excl. other income (latest year)Rs 6 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 36 Cr
Total expenditure (latest year)Rs 41 Cr
Total income (latest year)Rs 47 Cr
Share capitalRs 4 Cr
ReservesRs 9 Cr
Shareholders' fundsRs 12 Cr
Total assetsRs 47 Cr
Net blockRs 9 Cr
InvestmentsRs 0 Cr
ReceivablesRs 12 Cr
InventoryRs 24 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)0.39
Ownership
Promoter holding56.32% (+0.31 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 25.6 is at the 44th percentile of its own 4.5-year range (median 28.4, low 7.5, high 198.0).
P/B 1.80 is at the 59th percentile (median 1.53).
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.
Period540150Nifty 50Difference
1 week-5.0%-2.8% -2.2 pts
1 month-7.3%-6.8% -0.5 pts
3 years+15.5%+14.2% +1.3 pts
5 years+99.1%+27.9% +71.2 pts

Red flags

F-score 4 of 8
explainLow interest cover Interest cover 1.4x 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

Mar 2026
Sales ₹31 Cr +23.5% vs Mar 2024. Net profit ₹1 Cr -61.0%.

Activity

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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 Mewar Hi-Tech Engineering Ltd?

Mewar Hi-Tech Engineering Ltd (540150) has a market capitalisation of Rs 22.5 Cr. at the 2026-09-25 close.

What is the P/E ratio of Mewar Hi-Tech Engineering Ltd?

Mewar Hi-Tech Engineering Ltd trades at a P/E of 25.6 on trailing twelve-month profit, at the 2026-09-25 close.

What were Mewar Hi-Tech Engineering Ltd's latest quarterly results?

In the Mar 2026 quarter, Mewar Hi-Tech Engineering Ltd sales was Rs 31 Cr (+23.5% vs Mar 2024) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03