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IndiaPulse

Mahendra Realtors & Infrastructure Ltd. (MRIL)

SME Cap

Infra stocks · SME cap · NSE

Mahendra Realtors & Infrastructure Ltd. operates in Infrastructure, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹84.2
+2.95 · +3.63%
Quote20 Sept, 04:45 am IST
Fundamentals20 Sept 2026 · screener
Score20 Sept, 03:56 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Infra P/E 16.8 (n=83)
Data confidence
Fresh enough for analysis
Stock analysis snapshot

Mahendra Realtors & Infrastructure Ltd. (MRIL) share analysis

Mahendra Realtors & Infrastructure Ltd. is a sme-cap NSE-listed company in Infrastructure. Its latest recorded share price is ₹84.2. IndiaPulse assigns it a U-Score of 65/100 and classifies its valuation as undervalued.

Current reported fundamentals include P/E of 10.4, P/B of 1.5, ROE of 18.3%, ROCE of 22.2%, and debt/equity of 0.11. Review these figures alongside the company's growth, cash-flow, balance-sheet and peer evidence below.

For the quarter ended 31 Mar 2026, the result was classified as average with a score of 30/100. See the quarterly result breakdown.

Market cap
Rs 186 Cr
P/E
10.4
ROE
18.3%
Debt/equity
0.11
U-Score
65/100
Latest result
Average 30/100

Compare with Current Infraprojects Ltd. (CURRENT), Winsol Engineers Ltd. (WINSOL) and Integrity Infrabuild Developers Ltd. (INTEGRITY) or open the complete peer comparison.

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 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
UNDERVALUED
65

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

Trust
Healthy Trust
74

low confidence · 0/0 claims checked

Technical
Neutral
44

Timing lens: price trend and sector relative strength.

Result consistency
weak
45

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

Latest result

Quarter ended 31 Mar 2026

Average · 30/100

YoY data unavailable — classification deferred

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹96 CrNDF+20.0%
EBITDA₹18 Cr+50.0%+1700.0%
Operating margin19.0%+400 bps+1500 bps
PAT₹15 CrNDF+66.7%
PAT margin15.6%+438 bps+813 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

Mahendra Realtors & Infrastructure Ltd. operates in Infrastructure, within the Infra 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 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

44Neutral

SMA20 -4.8% / mo · RSI overbought · MACD + · near 52W high · sector -3.3pp vs Nifty 500 (3M)

Stock trend: 51
Sector RS: 34
Sector 3M: -5.0% vs Nifty 500 -1.8%

Technical chart

MRILweekly · 5Y · AUTO+29.3%
Latest close ₹84.20 on 2026-09-14
Bar
+16.9%
RSI
69
MACD hist
1.48
52W pos
98%
2026-09-14O ₹72.00H ₹85.30L ₹72.00C ₹84.20Vol 3.6L sh
₹26.24₹41.71₹57.17₹72.64₹88.1152H52L84.202025-092026-03VolRSIMACD2025-082025-112026-032026-062026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Weekly technical trend read

Bullish setup

Trend is constructive — long-term trend unclear. RSI 69.

  • SMA20 rising (~10.0% over last month) — short-term momentum positive.
  • RSI(14) at 69 — rising, no extreme reading.
  • MACD above signal, histogram expanding — bullish momentum building.
  • Within 3% of 52-week high — testing resistance.

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 65 · UNDERVALUED · pillar breakdown, sector model, fair-value anchor

65U-SCORE
Growth at Value

Fundamental score breakdown

UNDERVALUED
Valuation21/30
Growth22/25
Quality12/20
Balance Sheet11/15
Cash Flow3/10
Piotroski
8/9 (+5)
Penalties
-9
Raw sum
65

Why this score?

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

65/100 · UNDERVALUED

Positive drivers

  • Piotroski is strong at 8/9.
  • Fair-value margin of safety is positive at 58.4%.
  • Growth contributes 22/25 to the score.

Main drags

  • Penalty bucket subtracts 9 points.
  • Cash flow is weaker at 3/10; verify the latest quarterly trend.
  • Quality is weaker at 12/20; 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
10.4
PB
1.5
EV/EBITDA
10.0
ROE
18.3%
ROCE
22.2%
FCF Yield
Debt/Equity
0.1
MoS
+58.4%
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 Sept 2026
v4.3-runtime-valuation
Final score
65
Previous: 65
Verdict
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+58.4%
Previous: +58.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Sept 2026
v4.3-runtime-valuation
72
72
72
72
72
70
69
68
65
65
65
65

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
₹100.68
+16.4% MoS
Growth-justified P/E
25.2
Growth-justified Value
₹202.36
+58.4% MoS
PEG
0.33

Trust score

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

Trust Score
74Healthy 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.

Healthy Trust: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 78th percentile within Infra. Main check: results consistency is weak at 45/100.

Healthy Trust Lite: Promoter holding is 73.7%. Key concern: OPM spread across recent quarters is 15%.

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

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
75th percentile

overall median 67 · Infra: 78th pctile, median 64 · SME: 93rd pctile, median 64

Evidence depth
Financial-only

0 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

Healthy 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
55
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
45
watch · quarterly consistency

Trust positives

  • Promoter holding is 73.7%.
  • Promoter pledge is zero.
  • ROCE is 20.9%.

Trust risks

  • OPM spread across recent quarters is 15%.

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
10.40
P/B
1.50
EV/EBITDA
10.00
Market Cap
186.00Cr

Profitability

ROE
18.30%
ROCE
22.20%
ROA
9.84%
Dividend Y

Growth (CAGR)

Revenue 5Y
15.00%
EPS 5Y
20.00%
Revenue 3Y
29.00%
EPS 3Y
64.00%

Balance Sheet

Debt/Equity
0.11
Interest Coverage
20.00×
Altman Z
4.02
Book Value
56.10

Cash Flow

FCF Yield
FCF Positive Y
3/5
OCF
9.00 Cr
EPS TTM
8.03

Shareholding

Promoter Hold
73.68%
Promoter Pledge
0.00%
Momentum 52W
98%

Financial History

Updated 20/9/2026

Revenue

₹ Cr
Latest: 136+8.8% vs prev
0136.0Mar 2019: 96.0Mar 2020: 114Mar 2021: 68.0Mar 2022: 93.0Mar 2023: 63.0Mar 2024: 101Mar 2025: 125Mar 2026: 136FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 18.0+20.0% vs prev
018.0Mar 2019: 6.0Mar 2020: 8.0Mar 2021: 7.0Mar 2022: 7.0Mar 2023: 4.0Mar 2024: 12.0Mar 2025: 15.0Mar 2026: 18.0FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 14.5-31.3% vs prev
033.3Mar 2019: 33.3%Mar 2020: 30.8%Mar 2021: 21.2%Mar 2022: 17.5%Mar 2023: 9.1%Mar 2024: 21.4%Mar 2025: 21.1%Mar 2026: 14.5%FY19FY20FY21FY22FY23FY24FY25FY26

Peers

Business-comparable names in Infra, 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.