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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.18 | 0.02 | -0.16 | 0.04 | -0.01 | -0.01 | -0.06 | -0.02 | -0.03 | -0.03 | -0.11 | -0.01 |
| Operating Profit | -0.18 | -0.02 | 0.16 | -0.04 | 0.01 | 0.01 | 0.06 | 0.02 | 0.03 | 0.03 | 0.11 | 0.01 |
| OPM % | ||||||||||||
| Other Income | 0.22 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | -0.02 | -0.04 | -0.04 | 0.01 | 0.01 | 0.06 | 0.02 | 0.03 | 0.03 | 0.11 | 0.01 |
| Tax % | 25.00% | 0.00% | -25.00% | 0.00% | 0.00% | 0.00% | 16.67% | 50.00% | 33.33% | 33.33% | 27.27% | 0.00% |
| Net Profit | 0.03 | -0.01 | -0.04 | -0.04 | 0.01 | 0.00 | 0.05 | 0.02 | 0.02 | 0.02 | 0.08 | 0.01 |
| EPS in Rs | 0.07 | -0.02 | -0.10 | -0.10 | 0.02 | 0.00 | 0.12 | 0.05 | 0.05 | 0.05 | 0.19 | 0.02 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 24.70 | 17.08 | 0.31 | 0.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | -2.51 | 23.31 | 15.29 | 0.00 | 0.41 | 0.15 | -0.47 | -0.49 | -0.23 | -0.03 | -0.19 | -0.18 |
| Operating Profit | 2.51 | 1.39 | 1.79 | 0.31 | 0.55 | -0.15 | 0.47 | 0.49 | 0.23 | 0.03 | 0.19 | 0.18 |
| OPM % | 5.63% | 10.48% | 100.00% | 57.29% | ||||||||
| Other Income | 0.04 | 0.47 | 0.86 | 0.23 | 0.05 | 0.01 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 |
| Interest | 2.48 | 1.89 | 1.35 | 0.51 | 0.44 | 0.00 | 0.39 | 0.40 | 0.22 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | -0.05 | 1.28 | 0.02 | 0.16 | -0.14 | 0.09 | 0.09 | 0.03 | 0.03 | 0.19 | 0.18 |
| Tax % | 50.00% | 0.00% | 31.25% | 0.00% | 31.25% | 0.00% | 22.22% | 22.22% | 0.00% | 33.33% | 26.32% | |
| Net Profit | 0.02 | -0.04 | 0.88 | 0.01 | 0.11 | -0.14 | 0.07 | 0.07 | 0.03 | 0.02 | 0.14 | 0.13 |
| EPS in Rs | 1.67 | -0.13 | 2.93 | 0.02 | 0.26 | -0.34 | 0.17 | 0.17 | 0.07 | 0.05 | 0.34 | 0.31 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | % | ||
| Compounded Profit Growth | 21% | 25% | 26% | 63% | ||
| Stock Price CAGR | % | 24% | 20% | % | ||
| Return on Equity | 1% | 1% | 2% | 3% |
| 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 | 0.12 | 0.12 | 3.00 | 3.00 | 4.15 | 4.15 | 4.15 | 4.15 | 4.15 | 4.15 | 4.15 | 4.15 |
| Reserves | 0.23 | 0.26 | 0.21 | 1.10 | 1.11 | 1.22 | 1.09 | 1.53 | -0.25 | -0.22 | -0.20 | -0.06 |
| Borrowings | 16.44 | 42.15 | 33.11 | 18.80 | 17.01 | 16.80 | 17.18 | 15.67 | 7.34 | 10.58 | 10.85 | 11.65 |
| Other Liabilities | 2.85 | 6.49 | 3.14 | 1.85 | 1.65 | 1.73 | 4.15 | 11.44 | 27.96 | 29.86 | 32.58 | 33.13 |
| Total Liabilities | 19.64 | 49.02 | 39.46 | 24.75 | 23.92 | 23.90 | 26.57 | 32.79 | 39.20 | 44.37 | 47.38 | 48.87 |
| Fixed Assets | 2.17 | 2.21 | 2.19 | 0.04 | 3.90 | 4.03 | 4.03 | 3.08 | 3.20 | 3.19 | 3.19 | 3.19 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.49 | 15.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 4.29 | 4.54 | 5.94 | 3.89 | 0.00 | 0.00 | 0.00 | 0.00 | 6.52 | 7.70 | 0.00 |
| Other Assets | 17.47 | 42.52 | 32.73 | 18.77 | 16.13 | 6.38 | 6.95 | 29.71 | 36.00 | 34.66 | 36.49 | 45.68 |
| Total Assets | 19.64 | 49.02 | 39.46 | 24.75 | 23.92 | 23.90 | 26.57 | 32.79 | 39.20 | 44.37 | 47.38 | 48.87 |
| 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 | 0.00 | -25.79 | 6.28 | 11.98 | 1.15 | -0.32 | 0.36 | 1.28 | 8.28 | 0.40 | 0.94 | -0.67 |
| Cash from Investing Activity | 0.00 | -0.07 | 0.00 | 2.13 | 0.03 | 0.60 | -0.41 | 0.23 | 0.23 | -3.67 | -1.18 | -0.10 |
| Cash from Financing Activity | 0.00 | 25.71 | -6.17 | -14.30 | -1.01 | -0.22 | 0.39 | -1.51 | -8.33 | 3.24 | 0.27 | 0.80 |
| Net Cash Flow | 0.00 | -0.14 | 0.11 | -0.19 | 0.17 | 0.06 | 0.34 | 0.00 | 0.18 | -0.03 | 0.02 | 0.02 |
| Free Cash Flow | 0.00 | -25.86 | 6.28 | 14.11 | -0.87 | -0.44 | 0.36 | 1.17 | 8.16 | 0.40 | 0.94 | -0.67 |
| CFO/OP | 0% | -1,027% | 452% | 692% | 371% | -51% | -240% | 268% | 1,694% | 174% | 3,167% | -326% |
| 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 | 51.72 | 8.33 | 600.48 | 178.70 | ||||||||
| Inventory Days | 365.48 | 238.49 | 0.00 | 0.00 | ||||||||
| Days Payable | 0.00 | 0.00 | ||||||||||
| Cash Conversion Cycle | 417.20 | 246.82 | 600.48 | 178.70 | ||||||||
| Working Capital Days | 121.32 | -47.44 | 16,436.77 | 422.03 | ||||||||
| ROCE % | 0.31% | 8.50% | 4.67% | 5.98% | 2.35% | 2.70% | -0.63% | 2.19% | 3.01% | 1.94% | 0.20% | 1.24% |
| 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 | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% | 72.29% |
| DIIs | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Public | 27.66% | 27.66% | 27.65% | 27.66% | 27.66% | 27.66% | 27.66% | 27.67% | 27.67% | 27.66% | 27.66% | 27.66% |
| No. of Shareholders | 9,866 | 9,897 | 9,946 | 9,944 | 9,947 | 9,931 | 9,928 | 9,921 | 9,921 | 9,919 | 9,916 | 9,914 |
Fundamentals
Market Cap₹ 7.27 Cr.
Current Price₹ 17.5
Stock P/E55.9
Book Value₹ 9.85
ROCE1.24 %
ROE3.48 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)63%
Standalone figures.
Valuation
Market capRs 7 Cr
Enterprise valueRs 17 Cr
P/E (TTM)50.49x
Price to book1.60x
EV / EBITDA97.02x
EV / EBIT97.02x
Earnings yield1.98%
P/E, 3-year average178.95x
P/B, 3-year average1.04x
P/E, 5-year average119.41x
P/B, 5-year average0.98x
Profitability
ROE3.48%
ROCE1.24%
ROA0.29%
ROE, 3-year average1.59%
ROCE, 3-year average1.13%
ROA, 3-year average0.14%
ROE, 5-year average1.50%
ROCE, 5-year average1.72%
ROA, 5-year average0.17%
ROIC (approx.)0.88%
Tax rate26.32%
Growth
Profit growth (latest year)600.00%
Profit CAGR, 3 years25.99%
Profit growth QoQ-87.50%
Profit growth YoY (latest quarter)-50.00%
Per share
EPS (TTM)Rs 0.31
EPS (latest quarter)Rs 0.02
EPS, 3-year averageRs 0.06
EPS, 5-year averageRs 0.11
Book value per shareRs 9.85
Cash flow per shareRs -1.61
Free cash flow per shareRs -1.61
Efficiency
Inventory turnover-0.01x
Creditor days0 days
Cash conversion cycle179 days
Working capital days422 days
Leverage
Total debtRs 12 Cr
Cash and bankRs 1 Cr
Net debtRs 11 Cr
Debt to equity2.85x
Net debt / EBITDA60.56x
Owners' fund to total sources8.37%
Debt to assets23.84%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years31.00x
Statement figures
Operating profit (latest quarter)Rs 0 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs -0 Cr
Total income (latest year)Rs 0 Cr
Share capitalRs 4 Cr
ReservesRs -0 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 49 Cr
Net blockRs 3 Cr
InventoryRs 28 Cr
Other liabilitiesRs 33 Cr
Shares outstanding (crore)0.42
Ownership
Promoter holding72.29% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 50.5 is at the 34th percentile of its own 3.9-year range
(median 62.4, low 15.8, high 170.2).
P/B 1.60 is at the 93th percentile (median 1.02).
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 | 542677 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.3% | -2.8% | -4.6 pts |
| 1 month | -12.5% | -6.8% | -5.7 pts |
| 3 years | +57.7% | +14.2% | +43.5 pts |
| 5 years | +167.8% | +27.9% | +139.9 pts |
Red flags
F-score 3 of 6No red flags in the latest statements and filings.
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 ₹0 Cr.
Net profit ₹0 Cr -50.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
| Phoenix Mills Ltd | 68,996 | 53.2 | 12.4 % |
| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
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 Mahesh Developers Ltd?
Mahesh Developers Ltd (542677) has a market capitalisation of Rs 7.27 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mahesh Developers Ltd?
Mahesh Developers Ltd trades at a P/E of 55.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mahesh Developers Ltd's latest quarterly results?
In the Jun 2026 quarter, Mahesh Developers Ltd sales was Rs 0 Cr and net profit was Rs 0 Cr.