Price
Financials
Consolidated, Rs crore| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 199 | 197 | 212 | 228 | 242 | 218 | 468 | 686 | 660 |
| Expenses | 72 | 64 | 51 | 81 | 80 | 63 | 194 | 297 | 276 |
| Operating Profit | 128 | 133 | 162 | 147 | 162 | 156 | 274 | 389 | 383 |
| OPM % | 64% | 68% | 76% | 64% | 67% | 71% | 59% | 57% | 58% |
| Other Income | 1 | 5 | 1 | 2 | 0 | 1 | 1 | 1 | 1 |
| Interest | 103 | 105 | 105 | 101 | 103 | 101 | 194 | 224 | 230 |
| Depreciation | 68 | 69 | 69 | 68 | 72 | 72 | 125 | 190 | 203 |
| Profit before tax | -42 | -35 | -12 | -21 | -13 | -17 | -45 | -24 | -49 |
| Tax % | 6% | 7% | 21% | 12% | 20% | 14% | 3% | 56% | 11% |
| Net Profit | -45 | -38 | -14 | -24 | -15 | -19 | -46 | -38 | -54 |
| EPS in Rs | -1.27 | -1.08 | -0.41 | -0.67 | -0.43 | -0.55 | -0.97 | -0.80 | -1.15 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 210 | 197 | 211 | 0 | 319 | 726 | 788 | 1,585 | 2,032 |
| Expenses | 69 | 36 | 68 | 2 | 160 | 295 | 267 | 642 | 830 |
| Operating Profit | 141 | 160 | 143 | -2 | 159 | 432 | 521 | 943 | 1,202 |
| OPM % | 67% | 81% | 68% | 50% | 59% | 66% | 60% | 59% | |
| Other Income | 3 | 5 | 6 | 0 | 20 | 46 | 57 | 40 | 2 |
| Interest | 127 | 142 | 140 | 0 | 210 | 418 | 414 | 623 | 749 |
| Depreciation | 30 | 31 | 33 | 0 | 119 | 261 | 274 | 460 | 591 |
| Profit before tax | -13 | -8 | -25 | -2 | -149 | -201 | -111 | -99 | -135 |
| Tax % | 0% | 0% | 0% | 0% | 3% | 5% | 9% | 20% | |
| Net Profit | -13 | -8 | -25 | -2 | -153 | -211 | -121 | -118 | -157 |
| EPS in Rs | -5.98 | -3.42 | -2.50 | -3.47 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 50% | 71% | 131% | ||
| Compounded Profit Growth | % | % | 7% | -73% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | -5% | -4% | -3% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 148 | 148 | 148 | 0.00 | 3,518 | 3,518 | 3,518 | 5,274 |
| Reserves | -54 | -62 | -87 | -4 | -157 | -368 | -488 | -801 |
| Borrowings | 1,203 | 1,225 | 1,210 | 0 | 4,820 | 4,789 | 4,692 | 7,358 |
| Other Liabilities | 65 | 99 | 148 | 3 | 215 | 191 | 205 | 3,402 |
| Total Liabilities | 1,362 | 1,409 | 1,419 | 0 | 8,396 | 8,131 | 7,926 | 15,234 |
| Fixed Assets | 949 | 918 | 885 | 0 | 7,619 | 7,369 | 7,097 | 13,932 |
| CWIP | 312 | 334 | 366 | 0 | 1 | 0 | 0 | 1 |
| Investments | 18 | 45 | 31 | 0 | 34 | 0 | 0 | 0 |
| Other Assets | 84 | 113 | 136 | 0 | 741 | 762 | 829 | 1,301 |
| Total Assets | 1,362 | 1,409 | 1,419 | 0 | 8,396 | 8,131 | 7,926 | 15,234 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 151 | 177 | 177 | -0 | 184 | 378 | 528 | 851 |
| Cash from Investing Activity | -70 | -71 | -45 | 0 | -6,658 | -275 | -42 | -1,020 |
| Cash from Financing Activity | -95 | -103 | -125 | 0 | 6,858 | -436 | -509 | 927 |
| Net Cash Flow | -14 | 4 | 6 | 0 | 384 | -334 | -23 | 758 |
| Free Cash Flow | 108 | 155 | 144 | -0 | -6,063 | 364 | 519 | 846 |
| CFO/OP | 109% | 111% | 125% | 16% | 118% | 90% | 103% | 95% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 0 | 1 | 2 | 1 | 2 | 7 | |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 1 | 0 | 1 | 2 | 1 | 2 | 7 | |
| Working Capital Days | -162 | -213 | -357 | -250 | -105 | -96 | -168 | |
| ROCE % | 10% | 9% | -0% | 1% | 3% | 4% | 5% |
Fundamentals
Market Cap₹ 9,981 Cr.
Current Price₹ 145
Book Value₹ 94.6
ROCE5.36 %
ROE-3.14 %
Dividend Yield10.2 %
Face Value₹ 100
Compounded Sales Growth (TTM)131%
Compounded Profit Growth (TTM)-73%
Consolidated figures.
Valuation
Market capRs 5,106 Cr
Enterprise valueRs 9,188 Cr
Price to book1.62x
Price to sales3.16x
EV / EBITDA9.34x
EV / EBIT17.53x
EV / sales5.69x
Price to cash flow13.52x
Earnings yield-2.31%
Profitability
Operating margin (excl. other income)59.42%
Operating margin (incl. other income)65.80%
EBITDA margin60.91%
Pre-tax margin-6.10%
Net profit margin-7.31%
Net margin, latest quarter-5.52%
ROE-6.47%
ROCE2.69%
ROA-2.55%
ROE, 3-year average-7.24%
ROCE, 3-year average1.31%
ROA, 3-year average-2.15%
ROE, 5-year average-12.82%
ROCE, 5-year average4.63%
ROA, 5-year average-1.75%
ROIC (approx.)7.58%
Tax rate-4.66%
Other income / net worth1.47%
Growth
Sales growth (latest year)127.76%
Sales CAGR, 3 years51.10%
Sales CAGR, 5 years28.18%
Sales growth QoQ46.56%
Sales growth YoY (latest quarter)201.48%
Per share
EPS (TTM)Rs -3.35
EPS (latest year)Rs -5.98
EPS (latest quarter)Rs -1.08
EPS, 3-year averageRs -5.17
EPS, 5-year averageRs -3.13
Book value per shareRs 89.45
Sales per shareRs 45.85
Cash flow per shareRs 10.73
Free cash flow per shareRs 24.02
Efficiency
Asset turnover0.09x
Fixed asset turnover0.10x
Debtor days1 days
Debtors turnover266.11x
Cash conversion cycle7 days
Working capital days-168 days
Leverage
Total debtRs 4,789 Cr
Cash and bankRs 707 Cr
Net debtRs 4,082 Cr
Debt to equity1.52x
Net debt / EBITDA4.15x
Interest coverage0.84x
Owners' fund to total sources38.75%
Debt to assets58.90%
Cash flow
Cash from Operating Activity (latest year)Rs 378 Cr
Cash from Investing Activity (latest year)Rs -275 Cr
Cash from Financing Activity (latest year)Rs -436 Cr
Net Cash Flow (latest year)Rs -334 Cr
Free cash flow (latest year)Rs 846 Cr
FCFE (approx.: FCF + change in debt)Rs 815 Cr
Sales to cash flow1.92x
Statement figures
Net sales (TTM)Rs 1,615 Cr
Net sales (latest year)Rs 726 Cr
Sales (latest quarter)Rs 686 Cr
Operating profit excl. other income (latest year)Rs 432 Cr
Operating profit (latest quarter)Rs 389 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 984 Cr
PBDT (TTM)Rs 361 Cr
Profit before tax (TTM)Rs -99 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs -118 Cr
Net profit (latest year)Rs -211 Cr
Net profit (latest quarter)Rs -38 Cr
Depreciation (TTM)Rs 460 Cr
Depreciation (latest quarter)Rs 190 Cr
Interest (TTM)Rs 623 Cr
Cost of goods sold (latest year)Rs 164 Cr
Total expenditure (latest year)Rs 295 Cr
Total income (latest year)Rs 773 Cr
Share capitalRs 3,518 Cr
ReservesRs -368 Cr
Shareholders' fundsRs 3,150 Cr
Total assetsRs 8,131 Cr
Net blockRs 7,369 Cr
ReceivablesRs 3 Cr
Other liabilitiesRs 191 Cr
Shares outstanding (crore)35.22
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 543925 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.0% | -2.8% | +5.7 pts |
Red flags
F-score 5 of 8| look | Repeated losses Net loss in each of the last two years |
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 ₹660 Cr +172.7% vs Jun 2025.
Net loss ₹54 Cr.
Activity
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| Anantam Highways Trust | 2,268 | 8.84 | 13.7 % |
| BF Utilities Ltd | 1,917 | 3.88 % | |
| Innovision Ltd | 603 | 35.0 | 20.3 % |
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| Noida Toll Bridge Company Ltd | 69 | 2.43 | 162 % |
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| MEP Infrastructure Developers Ltd | 13 | -401 % |
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 Maple Infrastructure Trust?
Maple Infrastructure Trust (543925) has a market capitalisation of Rs 9,981 Cr. at the 2026-09-08 close.
What were Maple Infrastructure Trust's latest quarterly results?
In the Jun 2026 quarter, Maple Infrastructure Trust sales was Rs 660 Cr (+172.7% vs Jun 2025) with a net loss of Rs 54 Cr.