Mega Nirman & Industries
Mega Nirman & Industries
RealtyKey Fundamentals
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Key Insights
Strengths
3- Company is almost debt free.
- Debtor days have improved from 245 to 163 days.
- Company's working capital requirements have reduced from 318 days to 125 days
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.29%
- Company has a low return on equity of -0.33% over last 3 years.
- Earnings include an other income of Rs.1.06 Cr.
- Company has high debtors of 163 days.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | 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 | 0 | 0 | 0 | 0 | 0 | 5.14 | 1.83 | 0.65 | 4.56 | 6.22 | 3.36 | 2.4 |
| Expenses | 0.11 | 0.13 | 0.11 | 0.42 | 0.21 | 0.17 | 5.18 | 2.17 | 0.95 | 4.73 | 6.26 | 2.77 | 2.72 |
| Operating Profit | -0.11 | -0.13 | -0.11 | -0.42 | -0.21 | -0.17 | -0.04 | -0.34 | -0.3 | -0.17 | -0.04 | 0.59 | -0.32 |
| OPM % | — | — | — | — | — | — | -0.78% | -18.58% | -46.15% | -3.73% | -0.64% | 17.56% | -13.33% |
| Other Income | 0.04 | 0.04 | 0.04 | 0.13 | 0.12 | 0.2 | 0.16 | 0.38 | 0.12 | 0.09 | 0.44 | 0.11 | 0.42 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.03 | 0 | 0 | 0 | 0.05 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.3 | 0.05 |
| PBT | -0.07 | -0.09 | -0.07 | -0.3 | -0.1 | 0.02 | 0.1 | 0 | -0.19 | -0.09 | 0.39 | 0.35 | 0.04 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — | 0% | 0% | 7.69% | 22.86% | 25% |
| Net Profit | -0.07 | -0.09 | -0.07 | -0.3 | -0.1 | 0.03 | 0.11 | 0 | -0.18 | -0.08 | 0.36 | 0.26 | 0.03 |
| EPS in Rs | -0.21 | -0.27 | -0.21 | -0.9 | -0.3 | 0.09 | 0.33 | 0 | -0.54 | -0.03 | 0.14 | 0.1 | 0.01 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.11 | 0.12 | 0.24 | 2.14 | 2.07 | 1.84 | 0 | 0 | 1.52 | 0 | 6.97 | 14.79 | 16.54 |
| Expenses | 0.16 | 0.19 | 0.3 | 2.05 | 2.15 | 1.97 | 0.23 | 0.31 | 1.66 | 0.76 | 7.69 | 14.69 | 16.48 |
| Operating Profit | -0.05 | -0.07 | -0.06 | 0.09 | -0.08 | -0.13 | -0.23 | -0.31 | -0.14 | -0.76 | -0.72 | 0.1 | 0.06 |
| OPM % | -45.45% | -58.33% | -25% | 4.21% | -3.86% | -7.07% | — | — | -9.21% | — | -10.33% | 0.68% | 0.36% |
| Other Income | 0.11 | 0.12 | 0.12 | 0.26 | 0.33 | 0.31 | 0.3 | 0.41 | 0.17 | 0.24 | 0.86 | 0.76 | 1.06 |
| Interest | 0.01 | 0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.06 | 0.06 |
| Depreciation | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.03 | 0.33 | 0.37 |
| PBT | 0.02 | 0.02 | 0.05 | 0.34 | 0.23 | 0.17 | 0.07 | 0.1 | 0.02 | -0.54 | 0.07 | 0.47 | 0.69 |
| Tax % | 50% | 50% | 40% | 26.47% | 26.09% | 23.53% | 28.57% | 20% | 0% | 0% | 28.57% | 23.4% | — |
| Net Profit | 0.01 | 0.01 | 0.02 | 0.25 | 0.17 | 0.14 | 0.05 | 0.07 | 0.01 | -0.53 | 0.05 | 0.35 | 0.57 |
| EPS in Rs | 0.03 | 0.03 | 0.06 | 0.75 | 0.51 | 0.42 | 0.15 | 0.21 | 0.03 | -1.58 | 0.15 | 0.14 | 0.22 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | 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 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | 25.65 |
| Reserves | 0.89 | 0.9 | 0.92 | 1.17 | 1.34 | 1.47 | 1.52 | 1.59 | 1.6 | 9.7 | 9.75 | 12.88 |
| Borrowings | 0.06 | 0.04 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.44 |
| Other Liabilities | 0.04 | 0.03 | 0.04 | 2.03 | 4.18 | 6.08 | 6.1 | 6.7 | 6.59 | 6.53 | 0.96 | 1.41 |
| Total Liabilities | 4.34 | 4.32 | 4.33 | 6.55 | 8.87 | 10.9 | 10.97 | 11.64 | 11.54 | 19.58 | 14.06 | 43.38 |
| Fixed Assets | 0.12 | 0.1 | 0.08 | 0.08 | 0.07 | 0.02 | 0.06 | 0.06 | 0.04 | 0.05 | 0.25 | 0.74 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.68 |
| Investments | 1.16 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.05 | 0.28 |
| Other Assets | 3.06 | 4.02 | 4.05 | 6.27 | 8.6 | 10.68 | 10.71 | 11.38 | 11.3 | 19.33 | 13.76 | 11.68 |
| Total Assets | 4.34 | 4.32 | 4.33 | 6.55 | 8.87 | 10.9 | 10.97 | 11.64 | 11.54 | 19.58 | 14.06 | 43.38 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -1.04 | -1.87 | -0.11 | -0.43 | -0.35 | -0.35 | -0.23 | -0.27 | -0.18 | -0.67 | -6.14 | 1.82 |
| Investing | -0.1 | 1.04 | 0 | 0.2 | 0.33 | 0.04 | -0.04 | 0 | 0 | -8.18 | 5.73 | -30.5 |
| Financing | 0.98 | 0.82 | 0.11 | 0.24 | 0 | 0.31 | 0.3 | 0.26 | 0.17 | 8.86 | 0.74 | 29.15 |
| Net Cash Flow | -0.15 | -0.01 | 0 | 0.01 | -0.02 | 0 | 0.03 | 0 | -0.01 | 0.01 | 0.33 | 0.48 |
| Free Cash Flow | -1.04 | -0.91 | -0.11 | -0.44 | -0.35 | -0.31 | -0.27 | -0.27 | -0.18 | -0.7 | -6.36 | -29.68 |
| CFO/OP | 2,060 | 2,657 | 167 | -378 | 362 | 231 | 91 | 81 | 129 | 88 | 850 | 1,890 |
Ratios
| Particulars | 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 | 1,460 | 3,802 | 1,795 | 242 | 628 | 1,184 | — | — | 0 | — | 327 | 163 |
| Inventory Days | — | — | — | 0 | 0 | 0 | — | — | 0 | — | 5.54 | 6.01 |
| Days Payable | — | — | — | — | — | — | — | — | — | — | 50.4 | 30.61 |
| Cash Conversion Cycle | 1,460 | 3,802 | 1,795 | 242 | 628 | 1,184 | — | — | 0 | — | 282 | 138 |
| Working Capital Days | 6,039 | 8,060 | 4,106 | 534 | 585 | 694 | — | — | -910 | — | 511 | 125 |
| ROCE % | 0.79% | 0.7% | 1.17% | 7.72% | 5.21% | 3.58% | 1.44% | 2.04% | 0.4% | -6% | 0.84% | 1.85% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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57 extracted metrics + investor summaries across FY11–FY26.
Documents
Frequently Asked Questions about Mega Nirman & Industries
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Company Information
Incorporated in 1983, Mega Nirman & Industries Ltd is in the business of trading small passenger electric vehicles and their components.[1]
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