AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 25 Aug - Company Secretary and Compliance Officer Nitisha Sohoni resigned effective 20 August 2026.
Source: Bse
MEP Infrastructure Developers Limited (MEP)
Small CapReal Estate stocks · Small cap · NSE
MEP Infrastructure Developers Limited operates in Roads, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result03 May, 01:43 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage11/14 · 79%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -3.4% / mo · MACD + · near 52W low · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 40
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
MEPD candles · FIT view-30.2%Latest close ₹0.67 on 2026-10-19
Bar
-1.5%
RSI
51
MACD hist
0.00
52W pos
7%
2026-10-19O ₹0.68H ₹0.69L ₹0.67C ₹0.67Vol 1.7L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MEPNifty RealtyNifty 500
- MEP
- +13.6%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- +19.1 pp
Chart stats
19 Oct 2026- From 52W high
- -76.7%
- 52W range position
- 7%
- ATR (14)
- 2.2%
- Volume vs 20D
- 3.16x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹0.6 - ₹0.7
₹2.9
₹0.5 - ₹2.9
₹0
Latest completed session
20-session average
21.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, 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
Legacy · OVERVALUED10
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +0.0% · PAT NDF YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence54
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2024
Bad · 0/100Rev 0% YoY · margin compression · +82% QoQ
Filed 12 Sept 2025
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹20 Cr | +0.0% | +81.8% |
| EBITDA | ₹-600 Cr | NDF | NDF |
| Operating margin | -2926.0% | NDF | NDF |
| PAT | ₹-605 Cr | NDF | NDF |
| PAT margin | -3025.0% | NDF | NDF |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- —
- EV/EBITDA
- —
- Market Cap
- 12.10Cr
Profitability
- ROE
- —
- ROCE
- -20.70%
- ROA
- -8.52%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -36.00%
- EPS 5Y
- -51.00%
- Revenue 3Y
- -51.00%
- EPS 3Y
- -3.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -3.37×
- Altman Z
- -0.45
- Book Value
- -21.70
Cash Flow
- FCF Yield
- 2991.74%
- FCF Positive Y
- 12/5
- OCF
- 378.00 Cr
- EPS TTM
- -14.57
Shareholding
- Promoter Hold
- 23.36%
- Promoter Pledge
- 75.70%
- Momentum 52W
- 7%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 20.0+81.8% vs prev
Net Profit
₹ CrLatest: -605-550.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 51.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~3.5% over last month) — short-term momentum negative.
- RSI(14) at 51 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 77% off 52W high · 34% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
5
RS percentile
Stage 4 Downtrend
1M return
+6.3%
3M return
+13.6%
6M return
-28.7%
1Y return
-73.4%
RS 1D
0
RS 20D
+2
Sector rank
#18
Industry rank
-
Stage evidence
- Price is 12.9% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.2%.
50-DMA
price above
200-DMA
price below
Sector
lagging
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 38.57-0.44%
RS vs Nifty 50039
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 10 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation2/30
Growth3/25
Quality0/20
Balance Sheet1/15
Cash Flow8/10
Piotroski
5/9 (+3)
Penalties
-7
Raw sum
10
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
10/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 2991.7%.
- Cash flow contributes 8/10 to the score.
- Growth contributes 3/25 to the score.
Main drags
- Altman Z is -0.5, in distress territory.
- Promoter pledge is 75.7%.
- Penalty bucket subtracts 7 points.
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.
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
—
PB
—
EV/EBITDA
—
ROE
—
ROCE
-20.7%
FCF Yield
2991.7%
Debt/Equity
0.0
MoS
—
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: 20 Oct 2026
v4.3-runtime-valuation
Final score
10
Previous: 10
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
10
10
10
10
10
10
10
10
10
10
10
10
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
—
Growth-justified P/E
0.8
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
IRB
Large
IRB Infrastructure Developers Limited
Infrastructure
match 34
37
21.8
4.3%
+10%
WATCHLIST
NOIDATOLL
Small
Noida Toll Bridge Company Limited
Infrastructure
match 26
57
2.3
—
+90%
FAIR VALUE
KRIDHANINF
Small
Kridhan Infra Limited
Real Estate
match 19
27
29.7
—
+27%
OVERVALUED
PARSVNATH
Small
Parsvnath Developers Limited
Real Estate
match 18
10
—
—
—
OVERVALUED
SHRIKRISH
Small
Shri Krishna Devcon Limited
Real Estate
match 18
9
23.5
5.1%
-85%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
MEP Infrastructure Developers Limited operates in Roads, 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 31 Mar 2024. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
54Limited evidence · 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.
Limited evidence: Claim history is still being built. It ranks around the 13th percentile of the scored universe and 24th percentile within Real Estate. Main check: promoter alignment is weak at 15/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
25 docs text-extracted · 13 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
13th percentile
overall median 67 · Real Estate: 24th pctile, median 61 · Small: 15th pctile, median 66
Evidence depth
Financial-only
25 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
Limited evidence · low confidenceWhat 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
Needs extra due diligence; demand valuation comfort and recent improvement.
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
15
weak · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
38
weak · capital discipline
Results
33
weak · quarterly consistency
Trust positives
- ▸FCF yield is 2784.6%.
- ▸12 years of positive FCF.
- ▸Debt/equity is 0.00.
Trust risks
- ▸Promoters have pledged 75.7% of holding.
- ▸Promoter holding is only 23.4%.
- ▸Promoter holding fell 2.5%.
- ▸ROCE is low at -20.7%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching MEP Infrastructure Developers Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 1 Jun - MEPIDL CFO Rajendra Pawar resigned effective 31 May 2026.
Source: Bse
AnnouncementMay 2026
May 2026 · Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr - MEPIDL says large corporate disclosure is not applicable for Q4 FY2026-27; company remains under CIRP.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.