---
title: "Mayasheel Ventures Ltd (MAYASHEEL) — Share Price, Financials & Analysis"
symbol: "MAYASHEEL"
company: "Mayasheel Ventures Ltd"
canonical: "https://tapetide.com/stocks/MAYASHEEL"
isin: "INE0ZTO01018"
nse_symbol: "MAYASHEEL"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 78.28
generated_at: "2026-09-13T19:03:43.450Z"
---

# Mayasheel Ventures Ltd (MAYASHEEL)

Canonical page: https://tapetide.com/stocks/MAYASHEEL

## Company

- **NSE Symbol:** MAYASHEEL
- **ISIN:** INE0ZTO01018
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2025-06-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mayasheelventures.com

## About

Incorporated in May 2008, Mayasheel Ventures Limited constructs roads and highways for NHIDCL and other government departments.[1]

## Latest Price

- **Price:** ₹34.8
- **Change:** -0.7 (-1.97%)
- **Open:** ₹33
- **Day High:** ₹35.95
- **Day Low:** ₹33
- **Previous Close:** ₹35.5
- **Volume:** 18000
- **As Of:** 2026-09-11T09:36:39+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:22.323376Z.

- **Market Cap:** ₹78.28 Cr
- **Classification:** SME
- **P/E (reported):** 6.9
- **Book Value:** ₹28.92
- **Price to Book:** 1.23
- **Dividend Yield:** 0%
- **ROE:** 17.76%
- **ROCE:** 22.2%
- **Debt to Equity:** 0.8
- **Revenue (yearly):** ₹206.9 Cr
- **Net Income:** ₹11.3 Cr
- **EBITDA:** ₹30.7 Cr
- **52-Week High:** ₹85
- **52-Week Low:** ₹34
- **RSI (14):** 37.06

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.76 | 9% |
| growth | 85.24 | 9% |
| momentum | 20.5 | 12% |
| ownership | 48.75 | 24% |
| quality | 45.28 | 22% |
| valuation | 56.44 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 58.7 to 103 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -193.65% | -312.88% | -200.1% |
| ebitda margin growth | 0.2% | 12.43% | — |
| net income growth | 8.65% | 51% | — |
| revenue growth | 35.05% | 18% | — |
| roce | -42.74% | -27.57% | — |
| roe | -52.3% | 27.34% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 57 | 114 | 80 | 126 |
| Expenses | 48 | 99 | 66 | 110 |
| Operating Profit | 9 | 15 | 14 | 16 |
| OPM % | 16 | 13 | 18 | 12 |
| Other Income | 1 | 0 | 0 | -6 |
| Interest | 3 | 3 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 3 |
| Profit before tax | 5 | 10 | 11 | 5 |
| Tax % | 20 | 29 | 25 | 28 |
| Net Profit | 4 | 7 | 8 | 3 |
| EPS in Rs | 2.6 | 4.33 | 3.65 | 1.49 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 126 | 130 | 152 | 206 |
| Expenses | 111 | 114 | 130 | 176 |
| Operating Profit | 15 | 16 | 22 | 30 |
| OPM % | 12 | 13 | 14 | 14 |
| Other Income | 1 | 1 | 1 | -6 |
| Interest | 5 | 5 | 5 | 4 |
| Depreciation | 4 | 4 | 4 | 5 |
| Profit before tax | 6 | 9 | 14 | 15 |
| Tax % | 27 | 25 | 25 | 26 |
| Net Profit | 5 | 7 | 10 | 11 |
| EPS in Rs | — | — | 6.43 | 5.14 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0 | 0 | 16 | 22 |
| Reserves | 18 | 24 | 12 | 42 |
| Borrowings | 40 | 42 | 46 | 51 |
| Other Liabilities | 21 | 26 | 24 | 48 |
| Total Liabilities | 79 | 93 | 98 | 163 |
| Fixed Assets | 19 | 20 | 24 | 21 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 11 | 8 | 9 | 8 |
| Other Assets | 49 | 65 | 65 | 134 |
| Total Assets | 79 | 93 | 98 | 163 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 13 | 10 | -7 | -21 |
| Cash from Investing Activity | 4 | -1 | -36 | 0 |
| Cash from Financing Activity | -17 | -3 | 47 | 30 |
| Net Cash Flow | 0 | 6 | 4 | 9 |
| Free Cash Flow | 12 | 5 | -35 | -23 |
| CFO/OP | 100 | 74 | -16 | -56 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 88 | 34 | 40 | 103 |
| Inventory Days | 38 | 62 | 85 | 127 |
| Days Payable | 104 | 124 | 82 | 144 |
| Cash Conversion Cycle | 22 | -28 | 42 | 85 |
| Working Capital Days | -6 | -7 | 6 | 59 |
| ROCE % | — | 22 | 27 | 28 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 67.76% | 67.76% | 67.76% | 67.8% | 67.78% |
| FIIs | 4.61% | 4.05% | 3.92% | 3.92% | 3.92% |
| DIIs | 0.1% | 0% | 5.84% | 5.8% | 5.66% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 16.72% | 15.29% | 15.73% | 16.18% | 16.86% |
| Others | 10.82% | 12.9% | 6.76% | 6.31% | 5.78% |
| No. of Shareholders | 27 | 304 | 288 | 272 | 285 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 37.11 | Sell |
| EMA (10) | 36.79 | Sell |
| SMA (20) | 37.82 | Sell |
| EMA (20) | 37.83 | Sell |
| SMA (50) | 41.3 | Sell |
| EMA (50) | 41.43 | Sell |
| SMA (100) | 47.1 | Sell |
| EMA (100) | 45.91 | Sell |
| SMA (200) | 54.45 | Sell |
| EMA (200) | 51.5 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.2 | Neutral |
| MACD (12,26,9) | -1.51 | Sell |
| Stochastic (14,3,3) | 28.85 | Neutral |
| ADX (14) | 18.22 | Neutral |
| Williams %R (14) | -74.29 | Neutral |
| ATR (14) | 1.97 | High Volatility |
| ROC (12) | -11.9 | Sell |
| Stoch RSI (14) | 3.28 | Buy |
| UO (7,14,28) | 61.21 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 July 2026 - Submitted share capital audit report for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 July 2026 - Submitted share capital audit report for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07072026110511_Regulation_76_Mayasheel_30062026.pdf) |
| 7 July 2026 - Submitted dematerialization certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 July 2026 - Submitted dematerialization certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07072026113749_REGULATION_74_5__MAYASHEEL_30062026.pdf) |
| 7 July 2026 - Quarterly investor grievance report for Q1 FY27 shows zero complaints. | [Integrated Filing- Governance 7 July 2026 - Quarterly investor grievance report for Q1 FY27 shows zero complaints.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07072026112440_REGULATION_13_MAYASHEEL_30062026.pdf) |
| 7 July 2026 - Mayasheel Ventures says corporate governance provisions don’t apply under SME listing for quarter ended June 30, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 July 2026 - Mayasheel Ventures says corporate governance provisions don’t apply under SME listing for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07072026113055_Regulation_27_2__MAYASHEEL_30062026.pdf) |
| 7 July 2026 - Mayasheel Ventures filed June 30, 2026 quarterly shareholding pattern under Regulation 31(1)(b). | [Integrated Filing- Governance 7 July 2026 - Mayasheel Ventures filed June 30, 2026 quarterly shareholding pattern under Regulation 31(1)(b).](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07072026115807_Regulation_31_b__MAYASHEEL_30062026.pdf) |
| 7 April 2026 - Submitted Regulation 74(5) dematerialization certificate for quarter ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Regulation 74(5) dematerialization certificate for quarter ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07042026172953_Regulation_74_5__DP_Mayasheel.pdf) |
| 7 April 2026 - Submitted Reconciliation of Share Capital Audit Report for FY ended 31 March 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Reconciliation of Share Capital Audit Report for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_07042026164537_Regulation_76_DP_mayasheel_31032026.pdf) |
| 6 January 2026 - Reconciliation audit for quarter ended 31-Dec-2025: total 22,050,000 shares; NSDL 18,771,000; CDSL 3,279,000; no pending demat requests. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 January 2026 - Reconciliation audit for quarter ended 31-Dec-2025: total 22,050,000 shares; NSDL 18,771,000; CDSL 3,279,000; no pending demat requests.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_06012026112945_REGULATION_76_MAYASHEEL.pdf) |
| 6 January 2026 - Quarterly shareholding pattern (31-Dec-2025): total 22,050,000 shares; promoters 14,940,000 (67.76%). | [Integrated Filing- Governance 6 January 2026 - Quarterly shareholding pattern (31-Dec-2025): total 22,050,000 shares; promoters 14,940,000 (67.76%).](https://nsearchives.nseindia.com/corporate/MAYASHEEL_06012026122130_Regulation_31_b__MAYASHEEL.pdf) |
| 6 January 2026 - Mayasheel Ventures (NSE Emerge) states corporate governance not applicable; no report for quarter ended Dec 31, 2025. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 6 January 2026 - Mayasheel Ventures (NSE Emerge) states corporate governance not applicable; no report for quarter ended Dec 31, 2025.](https://nsearchives.nseindia.com/corporate/MAYASHEEL_06012026122730_Covering_Letter.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29944_MAYASHEEL_2025_2026_A_20882723_22072026135802.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:03:43.450Z.