Modern Engineering And Projects Ltd (MEAPL)

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Modern Engineering And Projects Ltd (MEAPL) · mywealthgrid

About

Modern Engineering And Projects Ltd operates in Civil Construction within the Industrials sector.

Face value: ₹10

Market cap

₹34 Cr

P/E

4.7×

P/B

0.5×

Dividend yield

ROE

14.1%

ROCE

16.1%

Debt / equity

0.55

OPM

9.6%

EPS (TTM)

₹4.7

Book value

₹41.7

52-week high

—

52-week low

—

735 historical price candles were omitted because the exchange source has not been verified.

₹22.2-11.4%1Y

Quick read

rule-based

Pros

+High return on capital employed of 51.6%
+Revenue CAGR of 343.3% over the last 5 years
+Comfortable interest coverage of 13.2×

Cons

−Low return on equity of -54.4% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

72/100

Business quality: 50
Growth: 71
Valuation: 96

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Larsen & ToubroLTLT	₹5,05,996 Cr	₹6,27,679 Cr	₹2,90,137 Cr	₹28,950 Cr	10.2%	₹16,590 Cr	6.6%	15.4%	15.5%	-142
Rail Vikas Nigam LimitedRVNLRVNL	₹41,075 Cr	₹45,888 Cr	₹20,825 Cr	₹891 Cr	3.8%	₹900 Cr	4.3%	10.2%	9%	66
Kalpataru Projects International LimitedKPILKPIL	₹23,167 Cr	₹26,474 Cr	₹27,380 Cr	₹2,277 Cr	8.3%	₹1,136 Cr	3.8%	20.3%	14.6%	-94
Nbcc (India) LimitedNBCCNBCC	₹20,898 Cr	₹20,898 Cr	₹12,752 Cr	₹656 Cr	4.8%	₹743 Cr	5.8%	29.3%	26.2%	-7,663
Irb Infrastructure Developers LimitedIRBIRB	₹20,533 Cr	₹40,541 Cr	₹7,686 Cr	₹4,182 Cr	52.1%	₹954 Cr	11.1%	6.1%	4.2%	67
Cemindia Projects LimitedCEMPROCEMPRO	₹20,254 Cr	₹21,120 Cr	₹10,185 Cr	₹1,058 Cr	10.2%	₹602 Cr	5.9%	44.8%	28.2%	-110
Engineers India LimitedENGINERSINENGINERSIN	₹17,577 Cr	₹17,577 Cr	₹3,878 Cr	₹750 Cr	17.7%	₹784 Cr	17.6%	28.8%	23.8%	-22
Techno Electric & Engineering Company LimitedTECHNOETECHNOE	₹11,614 Cr	₹11,686 Cr	₹3,356 Cr	₹469 Cr	14.2%	₹431 Cr	14.6%	13.6%	12%	-33
Ircon International LimitedIRCONIRCON	₹10,369 Cr	₹16,033 Cr	₹9,241 Cr	₹771 Cr	8.4%	₹524 Cr	6.5%	7.8%	9.2%	-469
Rites LimitedRITESRITES	₹10,068 Cr	₹10,068 Cr	₹2,458 Cr	₹555 Cr	22.9%	₹417 Cr	18.8%	19.3%	15.4%	-2,276
Welspun Enterprises LimitedWELENTWELENT	₹10,026 Cr	₹11,998 Cr	₹3,544 Cr	₹716 Cr	20.7%	₹308 Cr	10.9%	17.3%	12.5%	-422
Kec International LimitedKECKEC	₹9,912 Cr	₹15,015 Cr	₹23,506 Cr	₹1,599 Cr	7.1%	₹554 Cr	2.6%	23.1%	10.5%	-132

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	—	—	—	0	0	1	68	93	96	120
COGS	—	—	—	—	0	0	0	0	78	92
Gross profit	—	—	—	—	0	—	—	—	17	28
	—	—	—	0	0	3	71	83	10	16
	—	—	—	-0	-0	-2	-3	10	7	11
OPM %	—	—	—	-250%	-85.7%	-135.8%	-4.1%	10.6%	7.7%	9.6%
Depreciation	—	—	—	—	0	1	1	3	2	2
Interest	—	—	—	—	0	0	0	1	1	1
	—	0	—	0	0	0	2	1	2	3
Profit before tax	0	-0	-0	-0	-0	-3	-3	7	7	11
Tax	—	—	—	—	0	-0	-0	3	0	3
Tax %	—	—	—	—	0%	-2.9%	-5.7%	45.4%	0%	25.7%
	0	-0	-0	-0	-0	-3	-3	4	7	8
PAT margin %	—	—	—	-250%	-71.4%	-223.1%	-3.9%	3.9%	7.6%	7.1%
EPS (₹)	0.3	-0.6	-0.5	-0.5	-0.2	—	-8.6	11.8	7.9	5.5
EPS adjusted (₹)	—	-0.7	-0.5	-0.5	-0.2	-9.7	-8.6	11.8	4.7	5.5
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	3	3	3	3	3	3	3	15	15
Reserves	0	0	0	-0	-3	-7	-4	41	49
	—	—	—	0	6	6	6	6	35
	0	0	0	0	4	35	43	66	72
Total equity & liabilities	3	3	3	3	10	37	48	128	172
	—	—	—	0	4	14	18	16	15
CWIP	—	—	—	0	—	—	—	13	15
Investments	0	0	0	0	1	0	0	4	18
	3	3	3	3	5	23	30	94	123
Total assets	3	3	3	3	10	37	48	128	172

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	42.9%	—	—	—	18.1%	23.1%
EBITDA margin %	—	-250%	-85.7%	-135.8%	-4.1%	10.6%	7.7%	9.6%
EBIT margin %	—	-250%	-85.7%	-208.2%	-6.1%	7.5%	5.8%	7.8%
PAT margin %	—	-250%	-71.4%	-223.1%	-3.9%	3.9%	7.6%	7.1%
Working capital
Receivable days	—	—	0	409	19	88	254	285
Inventory days	—	70	0	0	0	0	0	0
Payable days	—	—	0	53	107	103	224	166
NWC days	—	—	0	355	-87	-15	30	119
Leverage
Current ratio	333	318	308	3.29	0.66	0.7	1.36	1.47
Debt to EBITDA	—	—	—	—	—	0.62	0.76	3.09
Debt to equity	—	—	0	86	-1.4	-8.24	0.1	0.55
Interest coverage	—	—	—	-7.6	-7.8	8	13.3	13.2
Asset turnover	—	0.02	0.02	0.14	1.85	1.94	0.75	0.7
Return ratios
Return on assets %	-4.5%	-4.7%	-1.6%	-30.3%	-7.2%	7.6%	5.7%	4.9%
Return on capital employed %	0%	-4.6%	-1.6%	-46.4%	-40.8%	116.6%	22%	16.1%
Return on equity %	-4.5%	-4.7%	-1.6%	-4,271.4%	60.6%	-493.2%	13%	13.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	62.86%	62.86%	62.85%	62.85%	33.29%	33.29%	33.29%	33.29%	33.29%	33.29%	33.29%	33.29%
	0%	0%	0%	1.74%	6.45%	6.45%	7.47%	6.9%	7.47%	7.24%	7.24%	6.51%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	37.14%	37.14%	37.15%	35.41%	60.26%	60.26%	59.24%	59.81%	59.24%	59.47%	59.47%	60.2%
No. of shareholders	—	—	—	—	—	—	—	—	2,792	2,933	2,936	3,005

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Modern Engineering And Projects Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results13 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

76 announcementsExport CSV

30 Sept 2026, 5:57 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	42.9%	—	—	—	18.1%	23.1%
EBITDA margin %	—	-250%	-85.7%	-135.8%	-4.1%	10.6%	7.7%	9.6%
EBIT margin %	—	-250%	-85.7%	-208.2%	-6.1%	7.5%	5.8%	7.8%
PAT margin %	—	-250%	-71.4%	-223.1%	-3.9%	3.9%	7.6%	7.1%
Working capital
Receivable days	—	—	0	409	19	88	254	285
Inventory days	—	70	0	0	0	0	0	0
Payable days	—	—	0	53	107	103	224	166
NWC days	—	—	0	355	-87	-15	30	119
Leverage
Current ratio	333	318	308	3.29	0.66	0.7	1.36	1.47
Debt to EBITDA	—	—	—	—	—	0.62	0.76	3.09
Debt to equity	—	—	0	86	-1.4	-8.24	0.1	0.55
Interest coverage	—	—	—	-7.6	-7.8	8	13.3	13.2
Asset turnover	—	0.02	0.02	0.14	1.85	1.94	0.75	0.7
Return ratios
Return on assets %	-4.5%	-4.7%	-1.6%	-30.3%	-7.2%	7.6%	5.7%	4.9%
Return on capital employed %	0%	-4.6%	-1.6%	-46.4%	-40.8%	116.6%	22%	16.1%
Return on equity %	-4.5%	-4.7%	-1.6%	-4,271.4%	60.6%	-493.2%	13%	13.2%

105 deals · 12 Aug 2021 – 14 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
14 Aug 2026	RAJKUMAR SHYAMNARAYAN SINGH	Bulk	BSE	Sell	80,965	₹26.03	₹0.21 Cr
10 Jul 2026	NIDHI JAIN	Bulk	BSE	Sell	1,00,000	₹28.68	₹0.29 Cr
6 Jul 2026	ALPA WEALTH CREATOR	Bulk	BSE	Sell	1,12,077	₹29.65	₹0.33 Cr
29 Jul 2025	PARVEEN JAIN	Bulk	BSE	Sell	1,08,000	₹32.36	₹0.35 Cr
4 Jun 2025	LORENZINI APPARELS LIMITED	Bulk	BSE	Sell	1,04,597	₹32.60	₹0.34 Cr
24 Mar 2025	ANOOP JAIN (HUF)	Bulk	BSE	Buy	1,05,000	₹25.50	₹0.27 Cr
24 Mar 2025	VAIBHAV JAIN	Bulk	BSE	Sell	1,00,000	₹25.50	₹0.26 Cr
21 Mar 2025	ANOOP JAIN (HUF)	Bulk	BSE	Buy	2,00,000	₹25.04	₹0.50 Cr
21 Mar 2025	VAIBHAV JAIN	Bulk	BSE	Sell	1,89,027	₹25.00	₹0.47 Cr
21 Mar 2025	ALPA WEALTH CREATOR	Bulk	BSE	Sell	1,02,038	₹24.71	₹0.25 Cr

1–10 of 105

1 / 11

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
30 Sept 2026, 5:57 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
30 Sept 2026, 5:53 pm	Company Update Resignation of Chief Financial Officer (CFO)	Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)	PDF
30 Sept 2026, 5:51 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 5:33 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
7 Sept 2026, 3:36 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
5 Sept 2026, 5:35 pm	Company Update General	The Company Has Sent Letter To The Shareholder For AGM Whose Email Id Is Not Registered With RTA.	PDF
5 Sept 2026, 5:27 pm	AGM/EGM AGM	Notice Of The AGM To Held On September 29, 2026	PDF
5 Sept 2026, 5:08 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	-0	-0	0	-3	15	5	-27	-15
	0	0	0	0	-3	-13	-7	-17	-15
	-3	0	0	0	6	-1	2	45	30
Net cash flow	-0	-0	-0	0	-0	2	1	1	-0
Free cash flow	—	—	—	0	-5	3	-1	-40	-16
CFO / Operating profit %	—	—	—	—	—	—	53.5%	-364.1%	-129.6%

Modern Engineering And Projects Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

No fund holdings on record

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Modern Engineering And Projects Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Announcements

Quarterly record

Annual reports

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1