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Mahaveer Infoway

539383 BSE
₹10.00 unchanged 0.00 (0.00%)
Market Cap
₹5.51 Cr
P/E
13.70

Mahaveer Infoway (MAHAVEER) share price was ₹10.00 at the 28 Oct 2026 close; market capitalisation ₹5.51 Cr; P/E (TTM) 13.70; sector Information Technology. The share price fell 31.8% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue was under ₹0.01 Cr, against ₹0.75 Cr a year earlier and net profit was −₹0.13 Cr, against ₹0.10 Cr a year earlier (compared with Jun 2025). Promoters held 47.07% of Mahaveer Infoway in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 44/100 (Weak) as of 28 Oct 2026.

Close 28 Oct 2026 ₹10.00 −4.38 −30.46% 1Y

Key Fundamentals

MicrocapIT - SoftwareInformation Technology
Market Cap
₹5.51 Cr
P/E (TTM)
13.7
EBITDA
−₹10.00 L
Return on Equity
-9.85%
Return on Capital Employed
-6.46%
Debt to Equity
0.29
Book Value
₹8.48
EPS (TTM)
₹0.73
52W High
₹17.95
52W Low
₹7.30

Price-based figures as of 28 Oct 2026, 16:30 IST · EPS basis: Standalone · TTM

Peer Comparison

Information Technology › Computer Software & Consulting › Computers - Software & Consulting

TCS
₹2,486.8017.438,99,746 Cr7.560.96%45.59%54.93%2,88,028 Cr51,858 Cr
Infosys
₹1,137.7015.014,61,705 Cr4.902.24%31.59%38.99%1,93,466 Cr30,788 Cr
HCL Tech
₹1,407.4021.923,81,921 Cr5.023.38%22.14%27.21%1,39,354 Cr17,434 Cr
Wipro
₹189.3614.811,87,566 Cr2.381.07%15.03%18.60%1,00,632 Cr13,285 Cr
Tech Mahindra
₹1,778.2033.931,74,292 Cr5.860.83%15.98%19.82%61,022 Cr5,163 Cr
LTM
₹4,101.8023.251,21,668 Cr4.700.62%20.67%25.78%46,299 Cr5,197 Cr
Persistent Systems
₹5,885.0048.1792,836 Cr10.840.69%23.80%29.39%16,970 Cr1,922 Cr
Mahaveer Infoway (this company)
₹10.0013.706 Cr1.180.00%-9.85%-6.46%6 Cr0 Cr
Median 8 companies₹1,592.8019.681,80,929 Cr4.960.90%21.41%26.50%80,827 Cr9,241 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

44 Weak
Overall score

Data confidence 95/100

Category scores

Quality Poor 31
Returns, margins, earnings quality 22% weight
Valuation Average 50
Cheap vs sector & own history 24% weight
Growth Poor 18
Sales & profit trajectory 9% weight
Financial Health Poor 28
Solvency, leverage, coverage 9% weight
Momentum Good 60
Trend strength, vol-adjusted 12% weight
Ownership Average 50
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company has reduced debt.
  • Debtor days have improved from 50.0 to 15.4 days.

Weaknesses

3
  • Company has a low return on equity of 2.64% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 317 days to 477 days

Technical Indicators

Oscillators

Bullish

Bearish
2
Neutral
3
Bullish
4

Overall

Bearish

Bearish
12
Neutral
3
Bullish
4

Moving Averages

Bearish

Bearish
10
Neutral
0
Bullish
0

Growth Rate

Revenue Growth
35.71% higher than 3Y

change over 1 year

Net Income Growth
33.33% higher than 3Y

change over 1 year

Cash Flow Change
-140%

change over 1 year

EBITDA Margin Change
-118%

change over 1 year

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1.57
1.67
1.6
0.58
0.83
1.02
0.64
0.25
0.75
0.67
0.68
0.51
0
Expenses
1.41
1.44
1.35
1.66
0.75
0.8
0.46
0.6
0.59
0.61
0.6
1.02
0.17
Operating Profit
0.16
0.23
0.25
-1.08
0.08
0.22
0.18
-0.35
0.16
0.06
0.08
-0.51
-0.17
OPM %
10.19%
13.77%
15.62%
-186.21%
9.64%
21.57%
28.12%
-140%
21.33%
8.96%
11.76%
-100%
—
Other Income
0
0
0
0.29
0
0
0
0.28
0
0
0
1.23
0.07
Interest
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0
0
-0.01
0
Depreciation
0.02
0.02
0.02
0.04
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
PBT
0.11
0.18
0.2
-0.86
0.02
0.16
0.12
-0.13
0.1
0.03
0.05
0.7
-0.13
Tax %
0%
0%
0%
1.16%
0%
0%
0%
76.92%
0%
0%
0%
34.29%
0%
Net Profit
0.1
0.17
0.19
-0.86
0.02
0.16
0.13
-0.24
0.1
0.03
0.05
0.46
-0.13
EPS (₹)
0.18
0.31
0.34
-1.56
0.04
0.29
0.24
-0.44
0.18
0.05
0.09
0.83
-0.24
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
55.96
25.81
11.04
2.28
1.68
2.2
1.24
3.04
4.11
5.41
2.73
2.61
1.86
Expenses
61.21
29.74
14.39
2.43
2.29
2.35
1.26
2.58
3.57
5.85
2.59
2.82
2.4
Operating Profit
-5.25
-3.93
-3.35
-0.15
-0.61
-0.15
-0.02
0.46
0.54
-0.44
0.14
-0.21
-0.54
OPM %
-9.38%
-15.23%
-30.34%
-6.58%
-36.31%
-6.82%
-1.61%
15.13%
13.14%
-8.13%
5.13%
-8.05%
-29.03%
Other Income
6.31
4.67
3.63
0.18
0.42
0
-0.14
0
-0.55
0.29
0.28
1.23
1.3
Interest
0.69
0.61
0.64
0.49
0.36
0.32
0.23
0.16
0.16
0.13
0.13
0.03
-0.01
Depreciation
0.09
0.08
0.06
0.1
0.09
0.09
0.07
0.07
0.06
0.11
0.12
0.12
0.12
PBT
0.28
0.05
-0.42
-0.56
-0.64
-0.56
-0.46
0.23
-0.23
-0.39
0.17
0.87
0.65
Tax %
39.29%
-20%
2.38%
1.79%
1.56%
-12.5%
2.17%
13.04%
34.78%
2.56%
58.82%
27.59%
—
Net Profit
0.17
0.06
-0.42
-0.57
-0.65
-0.48
-0.47
0.21
-0.31
-0.39
0.08
0.64
0.41
EPS (₹)
0.31
0.11
-0.76
-1.03
-1.18
-0.87
-0.85
0.38
-0.56
-0.71
0.15
1.16
0.73
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
5.51
5.51
5.51
5.51
5.51
5.51
5.51
5.51
5.51
5.51
5.51
5.51
Reserves
1.46
1.52
1.1
0.54
-0.11
-0.59
-1.06
-0.85
-1.17
-1.56
-1.48
-0.84
Borrowings
5.8
5.87
5.52
4
3.36
3.63
2.93
1.98
1.35
1.72
3.13
1.37
Other Liabilities
2.65
0.56
2.26
0.76
0.97
0.27
0.36
1.59
2.99
1.78
0.19
0.47
Total Liabilities
15.42
13.46
14.39
10.81
9.73
8.82
7.74
8.23
8.68
7.45
7.35
6.51
Fixed Assets
0.35
0.31
0.25
1.3
1.36
1.33
1.34
1.29
1.2
1.28
1.16
1.04
CWIP
1.42
1.14
1.14
0
0
0
0
0
0
0
0
0
Investments
1.75
2.03
2.03
2.39
1.78
1.78
1.07
1.07
0.58
0.32
0.32
0.05
Other Assets
11.9
9.98
10.97
7.12
6.59
5.71
5.33
5.87
6.9
5.85
5.87
5.42
Total Assets
15.42
13.46
14.39
10.81
9.73
8.82
7.74
8.23
8.68
7.45
7.35
6.51
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1.36
0.77
0.25
1.95
0
0.31
-0.44
1.12
0.7
-0.28
-0.1
-0.53
Investing
-0.77
0
0.12
-0.36
0.55
0
0.72
-0.02
0.5
0.34
0.28
0.56
Financing
-0.24
-0.53
-0.95
-1.99
-0.58
-0.29
-0.28
-1.09
-0.74
-0.57
-0.13
-0.03
Net Cash Flow
0.36
0.24
-0.58
-0.4
-0.03
0.02
0
0.01
0.46
-0.51
0.05
0
Free Cash Flow
0.49
1.02
0.25
1.94
-0.17
0.31
-0.44
1.1
0.7
-0.46
-0.1
-0.53
CFO/OP
-26
-20
-7
-1,300
0
-207
2,200
243
148
52
-14
129
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
37.37
43.98
106
325
469
284
424
161
92.36
31.71
103
15.38
Inventory Days
16.93
36.49
129
426
335
399
601
369
305
116
365
626
Days Payable
11.71
4.1
63.29
79.08
67.79
38.65
80.75
0
15.73
22.61
10.14
17.38
Cash Conversion Cycle
42.59
76.36
172
672
737
644
944
530
382
125
458
624
Working Capital Days
18.78
36.91
90.26
368
476
284
571
262
175
150
322
477
ROCE %
7.76%
5.14%
1.76%
-0.63%
-2.98%
-2.77%
-1%
5.56%
9.25%
-4.58%
4.68%
13.64%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mahaveer Infoway insights

60 extracted metrics + investor summaries across FY11–FY27.

Shareholding Pattern

Promot.47.07%Others5.91%Public47.02%As ofSep 2026

Documents

Frequently Asked Questions about Mahaveer Infoway

What does Mahaveer Infoway Ltd do?
Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services[1]
Where is Mahaveer Infoway Ltd (MAHAVEER) listed?
Mahaveer Infoway Ltd trades under code 539383 on the BSE.
Which sector does Mahaveer Infoway Ltd belong to?
Mahaveer Infoway Ltd is classified under the Information Technology sector, in the Computer Software & Consulting industry.
What is the market capitalisation of Mahaveer Infoway Ltd?
Mahaveer Infoway Ltd has a market capitalisation of ₹5.51 Cr as of 28 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Mahaveer Infoway Ltd?
Mahaveer Infoway Ltd trades at a PE ratio of 13.70 as of 28 Oct 2026, on earnings per share of ₹0.73, against a book value of ₹8.48 per share.
What is the 52-week high and low of Mahaveer Infoway Ltd?
Over the last 52 weeks Mahaveer Infoway Ltd has traded between ₹7.3 and ₹17.95 as of 28 Oct 2026.
What is the Return on Equity (ROE) of Mahaveer Infoway Ltd?
Mahaveer Infoway Ltd reported a return on equity of -9.85%. Its debt-to-equity ratio is 0.29.

Company Information

Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services[1]

Website minfy.com
Listed 2015-10-09
Face Value ₹ 10
Shares Outstanding 55,14,019

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