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Madhucon Projects

MADHUCON NSE
₹4.00 down 0.06 (1.48%)
Market Cap
₹29.52 Cr

Madhucon Projects (MADHUCON) share price was ₹4.06 at the 28 Oct 2026 close; market capitalisation ₹29.96 Cr; sector Construction. The share price fell 41.2% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 68.3% year on year to ₹49.9 Cr and net profit was ₹17 Cr, against −₹127 Cr a year earlier (compared with Jun 2025). Promoters held 59.08% of Madhucon Projects in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 24/100 (Poor) as of 28 Oct 2026.

Close 28 Oct 2026 ₹4.06 −3.10 −43.30% 1Y

Key Fundamentals

MicrocapConstructionIndustrials
Market Cap
₹29.52 Cr
EBITDA
₹52.70 Cr
Return on Equity
19.25%
Debt to Equity
0
Book Value
−₹254.61
EPS (TTM)
−₹42.04
52W High
₹7.67
52W Low
₹3.55

Price-based figures as of 29 Oct 2026, 10:34 IST · EPS basis: Consolidated · TTM

Peer Comparison

Industrials › Construction › Civil Construction

L&T
₹3,806.8029.315,23,776 Cr4.631.04%14.91%16.35%3,08,675 Cr20,895 Cr
Rail Vikas Nigam
₹184.7842.8738,527 Cr3.920.94%8.87%10.98%21,603 Cr897 Cr
Kalpataru Projects International
₹1,334.6020.0522,791 Cr2.930.84%13.33%20.51%27,612 Cr1,129 Cr
Cemindia Projects
₹1,238.3035.3521,272 Cr6.010.25%24.91%40.04%10,372 Cr602 Cr
IRB Infrastructure Developers
₹16.2120.5219,578 Cr0.910.32%4.06%5.97%7,862 Cr954 Cr
NBCC
₹69.4825.3618,760 Cr6.210.21%23.09%29.73%13,132 Cr766 Cr
Engineers India
₹265.6519.0314,931 Cr4.752.00%21.99%28.08%4,197 Cr784 Cr
Madhucon Projects (this company)
₹4.00—30 Cr—0.00%19.25%152.08%603 Cr-326 Cr
Median 8 companies₹225.2125.3620,425 Cr4.630.58%17.08%24.30%11,752 Cr841 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 →

24 Poor
Overall score

Data confidence 84/100

Category scores

Quality Poor 13
Returns, margins, earnings quality 22% weight
Valuation Poor 17
Cheap vs sector & own history 24% weight
Growth Poor 9
Sales & profit trajectory 9% weight
Financial Health Poor 6
Solvency, leverage, coverage 9% weight
Momentum Poor 24
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

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -9.51% over past five years.
  • Contingent liabilities of Rs.1,394 Cr.
  • Earnings include an other income of Rs.159 Cr.

Technical Indicators

Oscillators

Neutral

Bearish
2
Neutral
5
Bullish
2

Overall

Bearish

Bearish
8
Neutral
5
Bullish
6

Moving Averages

Bearish

Bearish
6
Neutral
0
Bullish
4

Growth Rate

Revenue Growth
-25.69% lower than 3Y

change over 1 year

Net Income Growth
-10.17% lower than 3Y

change over 1 year

Cash Flow Change
141%

change over 1 year

EBITDA Margin Change
35.33%

change over 1 year Operating margin 21% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
211
257
276
421
236
190
111
139
157
129
139
126
50
Expenses
238
309
273
642
255
392
137
175
194
180
169
156
39
Operating Profit
-28
-52
3
-221
-18
-202
-26
-36
-36
-51
-30
-30
11
OPM %
-13%
-20%
1%
-53%
-8%
-106%
-23%
-26%
-23%
-39%
-21%
-24%
21%
Other Income
20
44
1
237
26
205
67
37
47
54
51
48
6
Interest
3
3
8
27
4
3
5
27
6
6
6
-18
0
Depreciation
10
9
12
2
10
12
484
26
131
131
131
131
1
PBT
-21
-20
-17
-13
-7
-12
-447
-52
-127
-133
-116
-95
16
Tax %
-4%
-5%
-13%
-46%
57%
-55%
0%
18%
0%
-2%
0%
1%
-11%
Net Profit
-20
-19
-14
-7
-10
-5
-446
-61
-127
-131
-116
-96
17
EPS (₹)
-2.65
-2.42
-1.69
0.65
-1.3
-0.61
-57.22
-5.27
-15.97
-16.36
-14.45
-13.46
2.23
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
2,038
2,599
1,576
1,035
942
734
909
948
1,162
1,164
677
552
444
Expenses
1,383
1,654
1,212
1,010
885
687
945
1,012
1,415
1,463
959
699
544
Operating Profit
655
945
365
26
57
47
-36
-63
-253
-299
-282
-147
-100
OPM %
32%
36%
23%
2.5%
6%
6%
-4%
-7%
-22%
-26%
-42%
-27%
-22%
Other Income
147
101
25
48
41
-924
135
127
902
301
335
200
159
Interest
515
748
751
835
279
150
246
31
47
41
39
1
-5
Depreciation
198
222
269
249
224
72
129
141
799
32
531
523
393
PBT
88
76
-630
-1,010
-405
-1,099
-276
-108
-197
-71
-518
-471
-328
Tax %
94%
68%
2%
-4%
-6%
1%
-5%
17%
-10%
-14%
1%
0%
—
Net Profit
6
25
-644
-966
-381
-1,115
-262
-127
-177
-61
-523
-470
-325
EPS (₹)
-0.48
2.78
-98.22
-117
-46.6
-144
-31.63
-14.41
-19.47
-6.11
-64.39
-60.24
-42.04
Div. Payout %
-42%
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
7
7
7
7
7
7
7
7
7
7
7
7
Reserves
-322
-296
-829
-1,775
-2,130
-2,438
-1,892
-2,095
-1,927
-1,510
-1,475
-1,886
Borrowings
6,453
6,729
6,748
6,994
7,070
4,446
4,241
4,178
4,011
3,913
3,554
3,657
Other Liabilities
2,067
2,013
2,303
2,665
2,758
2,951
2,978
3,413
2,019
1,802
1,526
1,357
Total Liabilities
8,205
8,454
8,229
7,892
7,705
4,966
5,335
5,503
4,110
4,213
3,612
3,135
Fixed Assets
5,575
5,289
4,791
4,552
4,336
1,236
749
677
53
169
124
83
CWIP
1,623
151
150
150
151
151
613
550
232
87
87
87
Investments
13
2
1
1
3
971
754
754
1
1
1
1
Other Assets
994
3,013
3,287
3,189
3,215
2,608
3,218
3,522
3,825
3,956
3,400
2,964
Total Assets
8,205
8,454
8,229
7,892
7,705
4,966
5,335
5,503
4,110
4,213
3,612
3,135
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1,509
-301
683
571
190
-587
-405
232
-241
-256
85
204
Investing
-1,366
466
107
-2
3
2,843
839
-158
949
467
45
-445
Financing
-175
-162
-859
-588
-204
-2,209
-451
-43
-720
-261
-109
258
Net Cash Flow
-32
2
-68
-20
-11
47
-16
30
-13
-49
21
18
Free Cash Flow
135
147
774
563
182
2,349
-581
226
-98
-259
-402
-277
CFO/OP
240
-25
203
2,237
390
-1,252
1,272
-215
96
86
-30
-139
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
26
57
49
11
14
58
2
6
2
11
3
4
Inventory Days
54
28
22
54
31
17
6
3
1
1
1
2
Days Payable
122
200
190
308
320
280
258
293
162
142
77
169
Cash Conversion Cycle
-43
-116
-119
-243
-276
-204
-250
-284
-159
-130
-73
-163
Working Capital Days
-379
-340
-726
-1,497
-1,757
-1,882
-941
-1,090
-666
-625
-1,011
-1,447
ROCE %
8%
13%
2%
-3%
-2%
1%
-1%
-4%
-8%
-2%
-28%
-34%

Insights

Beta

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

Log in to view Madhucon Projects insights

62 extracted metrics + investor summaries across FY12–FY27.

Shareholding Pattern

Promot.59.08%Others3.86%Public37.07%As ofSep 2026

Documents

Frequently Asked Questions about Madhucon Projects

What does Madhucon Projects Ltd do?
Incorporated in 1983, Madhucon Projects Ltd is an integrated construction, Infrastructure development and management company.[1]
Where is Madhucon Projects Ltd (MADHUCON) listed?
Madhucon Projects Ltd trades as MADHUCON on the NSE and under code 531497 on the BSE.
Which sector does Madhucon Projects Ltd belong to?
Madhucon Projects Ltd is classified under the Construction sector, in the Civil Construction industry.
What is the market capitalisation of Madhucon Projects Ltd?
Madhucon Projects Ltd has a market capitalisation of ₹29.52 Cr as of 29 Oct 2026, which places it in the Small Cap band.
What is the 52-week high and low of Madhucon Projects Ltd?
Over the last 52 weeks Madhucon Projects Ltd has traded between ₹3.55 and ₹7.67 as of 29 Oct 2026.
What is the Return on Equity (ROE) of Madhucon Projects Ltd?
Madhucon Projects Ltd reported a return on equity of 19.25%. Its debt-to-equity ratio is 0.00.

Company Information

Incorporated in 1983, Madhucon Projects Ltd is an integrated construction, Infrastructure development and management company.[1]

Website madhucon.com
CEO Mr. Mohammad Shafi
Listed 2002-05-10
Face Value ₹ 1
Shares Outstanding 7,37,94,940

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