Madhav Infra Projects Limited (MADHAVIPL) fundamentals

Madhav Infra Projects Limited is a listed company in Construction, part of the Construction sector, listed on the NSE as MADHAVIPL (ISIN INE631R01026). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Madhav Infra Projects Limited does

Madhav Infra Projects Limited is an India-based engineering, procurement, and construction (EPC) contractor and developer. The Company is engaged in the development, construction, as well as operation and maintenance of infrastructure projects. The Company also engaged in the business of power generation business, including solar and hydro. The Company undertakes infrastructure development projects directly or indirectly through Special Purpose Vehicle. The Company’s subsidiaries are involved in the business of developing the infrastructure and renewables at pan India. The Company is also building, developing, and maintaining highways, bridges and roads. The Company, through its subsidiary, MI Solar (I) Private Limited, is engaged in the business of renewable energy through solar generation, trading and transmitting. Its subsidiaries also include Madhav (Aaron Sindh Road) Private Limited, Badi Baktara Toll Private Limited, and MI Solar (India) Private Limited.

Valuation and market data

Last close₹7.96
Market capitalisation₹201 crore
Enterprise value₹278 crore
P/E (TTM)0.00
Price to book0.94
Price to sales (TTM)0.39
Book value per share₹8.48
Dividend yield0.00%
SectorConstruction
IndustryConstruction
Listed sinceMon Apr 20

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹510 crore₹36 crore₹27 crore0.00
Mar 2025₹616 crore₹30 crore₹24 crore0.97
Mar 2024₹467 crore₹25 crore₹22 crore0.93
Mar 2023₹542 crore₹48 crore₹37 crore1.58
Mar 2022₹463 crore₹9 crore₹7 crore0.24

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters68.8%
Foreign institutions (FII)0.0%
Mutual funds0.0%
Other domestic institutions0.0%
Retail and others31.1%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.