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IndiaPulse

Madhav Infra Projects Limited (MADHAVIPL)

Small Cap

Real Estate stocks · Small cap · NSE

Madhav Infra Projects Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹7.98
+0.06 · +0.76%
Quote05 Sept, 08:06 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 23.9 (n=72)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Investable fundamentals, management trust is acceptable, price trend is neutral, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
UNDERVALUED
69

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
69

low confidence · 0/0 claims checked

Technical
Neutral
48

Timing lens: price trend and sector relative strength.

Result consistency
weak
48

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Bad · 0/100

PAT -16% YoY · margin compression · Rev +1% YoY

Filed 30 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹88.4 Cr+0.9%-65.2%
EBITDA₹15.5 Cr-9.5%-25.7%
Operating margin17.5%-203 bps+930 bps
PAT₹6.3 Cr-16.4%-45.6%
PAT margin7.1%-147 bps+254 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Madhav Infra Projects Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

48Neutral

SMA20 -6.2% / mo · MACD +

Stock trend: 48
Sector RS:

Technical chart

MADHAVIPLdaily · 1Y · AUTO-10.3%
Latest close ₹7.98 on 2026-09-04

Daily history is available from 2026-04-20; the requested 1Y window is partially covered.

Bar
+0.8%
RSI
56
MACD hist
0.09
52W pos
35%
2026-09-04O ₹7.92H ₹8.30L ₹7.92C ₹7.98Vol 78,511 sh
₹6.80₹7.61₹8.43₹9.24₹10.0552H52L7.982026-032026-06VolRSIMACD2026-042026-052026-062026-082026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Bearish setup

Trend is weak — long-term trend unclear. RSI 56.

  • SMA20 falling (~6.6% over last month) — short-term momentum negative.
  • RSI(14) at 56 — falling, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 19% off 52W high · 15% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 69 · UNDERVALUED · pillar breakdown, sector model, fair-value anchor

69U-SCORE
Deep Value

Fundamental score breakdown

UNDERVALUED
Valuation29/30
Growth19/25
Quality7/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
69

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

69/100 · UNDERVALUED

Positive drivers

  • Piotroski is strong at 7/9.
  • Fair-value margin of safety is positive at 77.0%.
  • Valuation contributes 29/30 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Quality is weaker at 7/20; verify the latest quarterly trend.
  • Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
8.2
PB
0.9
EV/EBITDA
5.4
ROE
12.1%
ROCE
15.6%
FCF Yield
0.5%
Debt/Equity
0.7
MoS
+77.0%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
69
Previous: 69
Verdict
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+77.0%
Previous: +77.0%

Score history

12 stored score snapshots. Latest stored move: +3 points.

05 Sept 2026
v4.3-runtime-valuation
68
68
66
66
66
66
66
66
66
66
66
69

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹13.93
+42.7% MoS
Growth-justified P/E
35.8
Growth-justified Value
₹34.71
+77.0% MoS
PEG
0.30

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
69Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 59th percentile of the scored universe and 83rd percentile within Real Estate. Main check: results consistency is weak at 48/100.

Healthy Trust Lite: Promoter holding is 68.8%. Key concern: 1 of the latest 4 quarters had PAT decline worse than 25% YoY.

Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 0 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
59th percentile

overall median 67 · Real Estate: 83rd pctile, median 61 · Small: 63rd pctile, median 66

Evidence depth
Financial-only

7 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
48
watch · quarterly consistency

Trust positives

  • Promoter holding is 68.8%.
  • Promoter pledge is zero.
  • FCF yield is positive at 0.5%.
  • 9 years of positive FCF.

Trust risks

  • 1 of the latest 4 quarters had PAT decline worse than 25% YoY.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
8.21
P/B
0.90
EV/EBITDA
5.43
Market Cap
215.00Cr

Profitability

ROE
12.10%
ROCE
15.60%
ROA
4.29%
Dividend Y

Growth (CAGR)

Revenue 5Y
13.00%
EPS 5Y
33.00%
Revenue 3Y
-1.00%
EPS 3Y
20.00%

Balance Sheet

Debt/Equity
0.69
Interest Coverage
2.48×
Altman Z
2.13
Book Value
8.89

Cash Flow

FCF Yield
0.47%
FCF Positive Y
9/5
OCF
32.00 Cr
EPS TTM
0.97

Shareholding

Promoter Hold
68.81%
Promoter Pledge
0.00%
Momentum 52W
24%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Real Estate, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.