---
title: "MVL Ltd (MVL) — Share Price, Financials & Analysis"
symbol: "MVL"
company: "MVL Ltd"
canonical: "https://tapetide.com/stocks/MVL"
isin: "INE744I01034"
nse_symbol: "MVL"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T19:35:51.334Z"
---

# MVL Ltd (MVL)

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

## Company

- **NSE Symbol:** MVL
- **ISIN:** INE744I01034
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2008-06-30
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** mvl.in

## About

MVL is engaged in the business of real estate builders and developers. The Company operates in residential, commercial, township and retail sectors.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.07 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -45.2% over past five years.
- Company has a low return on equity of -5.82% over last 3 years.
- Contingent liabilities of Rs.36.7 Cr.
- Company might be capitalizing the interest cost
- Company has high debtors of 27,007 days.
- Working capital days have increased from 18,532 days to 26,705 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 98% | 17% | — |
| revenue growth | -613% | -36% | -45% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.7 | 2.77 | 1.68 | 1.04 | 0.33 | 0.15 | -1.37 | 0.27 | 0.19 | 0.03 | 2.96 | 0 |
| Expenses | 2.36 | 3.67 | 2.27 | 2.29 | 1.55 | 1.68 | 17.64 | 1.48 | 1.11 | 1.08 | 1.11 | 0.09 |
| Operating Profit | -0.66 | -0.9 | -0.59 | -1.25 | -1.22 | -1.53 | -19.01 | -1.21 | -0.92 | -1.05 | 1.85 | -0.09 |
| OPM % | -38.82 | -32.49 | -35.12 | -120.19 | -369.7 | -1020 | — | -448.15 | -484.21 | -3500 | 62.5 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 22.55 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.04 | 0.04 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.12 | 0.12 | 0.11 | 0.11 | 0.12 | 0.16 | 0.16 | 0.14 | 0.14 | 0.14 | -0.04 | 0 |
| Profit before tax | -0.82 | -1.06 | -0.7 | -1.36 | -1.36 | -1.69 | 3.38 | -1.35 | -1.06 | -1.19 | 1.89 | -0.09 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.82 | -1.06 | -0.7 | -1.35 | -1.36 | -1.69 | 3.37 | -1.35 | -1.06 | -1.18 | 1.89 | -0.09 |
| EPS in Rs | -0.01 | -0.02 | -0.01 | -0.02 | -0.02 | -0.03 | 0.06 | -0.02 | -0.02 | -0.02 | 0.03 | 0 |

### Profit & Loss

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

| Item | Dec 2010 | Dec 2011 | Mar 2013 15m | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 193.58 | 165.78 | 82.44 | 70.27 | 39.09 | 13.01 | 4.86 | 0.09 | 3.46 | 3.18 |
| Expenses | 158.86 | 135.9 | 78.42 | 56.49 | 27.03 | 20 | 11.11 | 23.02 | 4.75 | 3.39 |
| Operating Profit | 34.72 | 29.88 | 4.02 | 13.78 | 12.06 | -6.99 | -6.25 | -22.93 | -1.29 | -0.21 |
| OPM % | 17.94 | 18.02 | 4.88 | 19.61 | 30.85 | -53.73 | -128.6 | -25477.78 | -37.28 | -6.6 |
| Other Income | 0.11 | 0.38 | 11.8 | 9.59 | 1.88 | 3.14 | 4.88 | 21.94 | 0 | 0 |
| Interest | 6.06 | 8.7 | 5.36 | 14.46 | 12.56 | 0.05 | 0.1 | 0.03 | 0.04 | 0 |
| Depreciation | 0.33 | 0.35 | 0.5 | 0.51 | 0.69 | 0.68 | 0.48 | 0.55 | 0.37 | 0.24 |
| Profit before tax | 28.44 | 21.21 | 9.96 | 8.4 | 0.69 | -4.58 | -1.95 | -1.57 | -1.7 | -0.45 |
| Tax % | 33.4 | 32.11 | 2.71 | 2.38 | 21.74 | -6.99 | 0 | -33.76 | 0 | — |
| Net Profit | 18.94 | 14.4 | 9.68 | 8.2 | 0.53 | -4.26 | -1.94 | -1.03 | -1.7 | -0.44 |
| EPS in Rs | 0.32 | 0.24 | 0.16 | 0.14 | 0.01 | -0.07 | -0.03 | -0.02 | -0.03 | -0.01 |
| Dividend Payout % | 14.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Dec 2009 | Dec 2010 | Dec 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 53.42 | 53.42 | 60.12 | 60.12 | 60.12 | 60.12 | 60.12 | 60.12 | 60.12 | 60.12 |
| Reserves | 67.78 | 83.22 | 91.58 | 101.27 | 109.47 | 109.89 | 105.64 | 103.52 | 102.51 | 100.87 |
| Borrowings | 85.32 | 118.89 | 167.1 | 182.94 | 231.17 | 256.81 | 256.37 | 256.28 | 228.1 | 207.14 |
| Other Liabilities | 142.28 | 279.98 | 319.37 | 44.47 | 46.61 | 68.12 | 120.28 | 121.84 | 109.97 | 103.6 |
| Total Liabilities | 348.8 | 535.51 | 638.17 | 388.8 | 447.37 | 494.94 | 542.41 | 541.76 | 500.7 | 471.73 |
| Fixed Assets | 8.09 | 7.97 | 8.14 | 7.81 | 9.99 | 8.64 | 7.75 | 1.78 | 2.32 | 1.94 |
| CWIP | 0 | 0 | 0 | 0 | 0.24 | 0.51 | 0.85 | 1.13 | 0 | 0 |
| Investments | 0.01 | 3.59 | 11.92 | 11.83 | 1.95 | 1.68 | 0.96 | 0.83 | 0.57 | 0 |
| Other Assets | 340.7 | 523.95 | 618.11 | 369.16 | 435.19 | 484.11 | 532.85 | 538.02 | 497.81 | 469.79 |
| Total Assets | 348.8 | 535.51 | 638.17 | 388.8 | 447.37 | 494.94 | 542.41 | 541.76 | 500.7 | 471.73 |

### Cash Flow

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

| Item | Dec 2009 | Dec 2010 | Dec 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -52.85 | -24.24 | 0 | 21.92 | -48.16 | -16.2 | 0 | -10.16 | -0.05 | — |
| Cash from Investing Activity | -0.74 | -3.68 | 0 | 2.8 | 8.65 | 2.27 | 0 | 10.16 | 0.23 | — |
| Cash from Financing Activity | 55.26 | 27.5 | 0 | -19.08 | 33.76 | 13.08 | 0 | 0.28 | -0.62 | — |
| Net Cash Flow | 1.67 | -0.42 | 0 | 5.64 | -5.75 | -0.85 | 0 | 0.28 | -0.44 | — |
| Free Cash Flow | -53.63 | -24.46 | 0 | 21.67 | -51.14 | -16.58 | 0 | -2.99 | -0.11 | — |
| CFO/OP | -182 | -70 | 0 | 768 | -220 | -134 | 0 | 163 | 0 | — |

### Ratios

| Item | Dec 2009 | Dec 2010 | Dec 2011 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 427.09 | 554.7 | 990.7 | 1061.53 | 1151.36 | 2296.45 | 7897.02 | 0 | 0 | 27006.84 |
| Inventory Days | 820.94 | 655.57 | 627.04 | 863.36 | — | — | — | — | — | 118846.39 |
| Days Payable | 916.52 | 1089.86 | 859.65 | 57.4 | — | — | — | — | — | 472.7 |
| Cash Conversion Cycle | 331.51 | 120.41 | 758.1 | 1867.49 | 1151.36 | 2296.45 | 7897.02 | 0 | 0 | 145380.52 |
| Working Capital Days | 402.14 | 448.96 | 652.52 | 1092.65 | 1238.57 | 1268.68 | 4881.91 | -3795.7 | 32687.78 | 26705.13 |
| ROCE % | 17.08 | 14.94 | 10.43 | 1.95 | 4.03 | 3.33 | -1.04 | -0.9 | -5.78 | -0.44 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- |
| Promoters | 55.59% | 55.59% | 55.59% |
| DIIs | 4.86% | 4.82% | 4.82% |
| Government | 0% | 0.19% | 0.29% |
| Public | 39.56% | 39.41% | 39.31% |
| No. of Shareholders | 14261 | 12868 | 13257 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% | 55.59% |
| DIIs | 4.86% | 4.86% | 4.86% | 4.86% | 4.83% | 4.83% | 4.83% | 4.82% | 4.82% | 4.82% | 4.82% | 4.82% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.19% | 0.19% | 0.19% | 0.29% | 0.29% |
| Public | 39.56% | 39.56% | 39.56% | 39.56% | 39.59% | 39.59% | 39.59% | 39.41% | 39.41% | 39.41% | 39.31% | 39.31% |
| No. of Shareholders | 14102 | 14144 | 14344 | 14261 | 14300 | 14265 | 13987 | 12868 | 12988 | 13405 | 13108 | 13257 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.07 | Sell |
| EMA (10) | 0.07 | Sell |
| SMA (20) | 0.08 | Sell |
| EMA (20) | 0.07 | Sell |
| SMA (50) | 0.09 | Sell |
| EMA (50) | 0.09 | Sell |
| SMA (100) | 0.09 | Sell |
| EMA (100) | 0.1 | Sell |
| SMA (200) | 0.15 | Sell |
| EMA (200) | 0.14 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.64 | Neutral |
| MACD (12,26,9) | -0.01 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 94.81 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.05 | High Volatility |
| ROC (12) | -50 | Sell |
| Stoch RSI (14) | 20.13 | Neutral |
| UO (7,14,28) | 38.01 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 25 Feb 2025 - Members of the Exchange are hereby informed about the delisting of equity shares of MVL Limited w.e.f. February 28, 2025 in terms of Rule 21(2) … | [Delisting 25 Feb 2025 - Members of the Exchange are hereby informed about the delisting of equity shares of MVL Limited w.e.f. February 28, 2025 in terms of Rule 21(2) …](https://www.nseindia.com/get-quotes/equity?symbol=MVL) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MVL_2011_2011_22062012101356.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_MVL_2010_2010_17062011120000.zip) |
| from nse | [Annual Report 2009 from nse](https://archives.nseindia.com/annual_reports/AR_MVL_2009_2009_01092010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329910313.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5329911211.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 2026-09-13T19:35:51.334Z.