Meghna Infracon Infrastructure Ltd (MIIL)

Loading page…

Meghna Infracon Infrastructure Ltd (MIIL) · mywealthgrid

About

Meghna Infracon builds residential and commercial real estate in India's consumer discretionary sector. Small-cap (₹1,478.64 Cr market cap), project-based model creates volatile results.

Face value: ₹10

Market cap

₹1,469 Cr

P/E

272.5×

P/B

—

Dividend yield

ROE

—

ROCE

—

Debt / equity

—

OPM

—

EPS (TTM)

₹2.5

Book value

—

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Revenue volatility: Swings from ₹0.14 Cr (Sep 2025) to ₹6.37 Cr (Mar 2026), with multiple quarters showing no disclosed revenue. Verify project concentration and pipeline visibility.
Margin collapse: Sep 2025 posted -509% OPM, indicating major project losses. Verify cause, recurrence risk, and project provisioning.
Extreme valuation: PE of 274.28 prices in assumptions not evident in current earnings; leaves no margin for disappointment.
Thin institutional backing: DII at 0%, FII only 7.98%, unusual for ₹1,478.64 Cr cap. Assess liquidity, refinancing capacity, and investor confidence.

Generated analysis · source review pending

Growth drivers

Mar 2026 revenue of ₹6.37 Cr and 86.27% OPM recovered sharply from -509% in Sep 2025, suggesting project inflection. Verify if this marks sustainable operational improvement or one-time project completion.
EPS doubled from ₹0.44 (Dec 2025) to ₹0.92 (Mar 2026), tracking margin recovery. Verify if improvement is structural or project-specific.
Realty sector demand tailwinds (urbanization, housing) could accelerate if macro conditions improve. Verify company's land bank, order book, and project pipeline to assess exposure.

Generated analysis · source review pending

1,274 historical price candles were omitted because the exchange source has not been verified.

₹677.1-2.2%1Y

Quick read

rule-based

Pros

+Comfortable interest coverage of 17.2×

Cons

−Expensive at 272.5× trailing earnings
−Low dividend payout of 10.1% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 100
Growth: 50
Valuation: 0

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
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

Loading peers…

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 2024	Mar 2025	Mar 2026
Revenue	53	—	—
COGS	-50	-9	—
	102	—	—
Operating profit (EBITDA)	1	—	—
OPM %	2.4%	—	—
Depreciation	0	0	1
Interest	0	0	0
	2	8	3
Profit before tax	3	10	6
Tax	0	1	1
Tax %	1.9%	7.5%	17.8%
	3	9	5
PAT margin %	6%	—	—
EPS (₹)	4.7	8	3.1
	2.1%	0%	11.2%
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	—

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year

Loading financials…

Ratios

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

Standalone figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—
EBITDA margin %	2.4%	—	—
EBIT margin %	2.3%	—	—
PAT margin %	6%	—	—
Working capital
Receivable days	—	—	—
Inventory days	—	—	—
Payable days	—	—	—
NWC days	—	—	—
Leverage
Current ratio	—	—	—
Debt to EBITDA	—	—	—
Debt to equity	—	—	—
Interest coverage	20.1	150.4	17.2
Asset turnover	—	—	—
Return ratios
Return on assets %	—	—	—
Return on capital employed %	—	—	—
Return on equity %	—	—	—

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.

Loading ratios…

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
	46.92%	46.92%	46.92%	46.92%	46.92%	46.92%	46.92%	46.92%	46.92%	46.92%	47.01%	47.01%
	0%	0%	0.18%	0.8%	0.9%	1.94%	1.94%	7.26%	7.84%	7.84%	7.89%	7.98%
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%
	53.08%	53.08%	52.9%	52.28%	52.18%	51.14%	51.14%	45.82%	45.24%	45.24%	45.1%	45.01%
No. of shareholders	—	—	—	—	—	—	—	—	3,453	2,841	2,596	2,520

Loading shareholding…

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.

Loading f&o…

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 Meghna Infracon Infrastructure Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

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

Announcements

Loading documents…

Events

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

3

Final dividend17 Sept 2026 · ex-date₹0.25
Interim dividend30 May 2025 · ex-date₹0.1
Final dividend13 Sept 2024 · ex-date₹0.1

1

Board meeting to consider results14 Aug 2026

2

Bonus 1:18 Jul 2025 · ex-date
Bonus 15:1030 Dec 2022 · ex-date

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

27 announcementsExport CSV

1 Oct 2026, 4:43 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

1 Oct 2026, 4:40 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

30 Sept 2026, 4:15 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

18 Sept 2026, 12:31 pmCompany Update

Meghna Infracon Infrastructure Ltd - 538668 - Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015

General PDF

18 Sept 2026, 12:26 pmCompany Update

Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

18 Sept 2026, 12:18 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

8 Sept 2026, 10:43 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Sept 2026, 9:15 pmCompany Update

Meghna Infracon Infrastructure Ltd - 538668 - Intimation Under Reg 36(1)(B) Of SEBI LODR Regulations, 2015

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 4:43 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
1 Oct 2026, 4:40 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management

Loading announcements…

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—
EBITDA margin %	2.4%	—	—
EBIT margin %	2.3%	—	—
PAT margin %	6%	—	—
Working capital
Receivable days	—	—	—
Inventory days	—	—	—
Payable days	—	—	—
NWC days	—	—	—
Leverage
Current ratio	—	—	—
Debt to EBITDA	—	—	—
Debt to equity	—	—	—
Interest coverage	20.1	150.4	17.2
Asset turnover	—	—	—
Return ratios
Return on assets %	—	—	—
Return on capital employed %	—	—	—
Return on equity %	—	—	—

7 deals · 30 Aug 2021 – 22 Aug 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
22 Aug 2025	ZETA GLOBAL FUNDS (OEIC) PCC LIMITED - ZETA SERIES B FUND PC	Bulk	BSE	Sell	5,00,000	₹536.00	₹26.80 Cr
22 Aug 2025	VENUS INVESTMENTS VCC - VENUS STELLAR FUND	Bulk	BSE	Buy	5,00,000	₹536.00	₹26.80 Cr
11 Jul 2025	ZETA GLOBAL FUNDS (OEIC) PCC LIMITED - ZETA SERIES C FUND PC	Bulk	BSE	Buy	1,10,000	₹530.00	₹5.83 Cr
21 May 2025	ZETA GLOBAL FUNDS (OEIC) PCC LIMITED - ZETA SERIES B FUND PC	Bulk	BSE	Buy	55,000	₹1,020.13	₹5.61 Cr
14 May 2025	ZETA GLOBAL FUNDS (OEIC) PCC LIMITED - ZETA SERIES B FUND PC	Bulk	BSE	Buy	55,000	₹950.00	₹5.23 Cr
10 Mar 2022	GORDHANBHAI CHIMANBHAI SOLANKI	Bulk	BSE	Sell	40,000	₹35.81	₹0.14 Cr
30 Aug 2021	RUPAL HIMANSHU MEHTA	Bulk	BSE	Sell	32,000	₹24.05	₹0.08 Cr

1–7 of 7

1 / 1

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.

Meghna Infracon Infrastructure Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Compounded returns

Compounded profit growth

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends3

Board meetings1

Bonus issues2

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends3

Board meetings1

Bonus issues2

Announcements

Quarterly record

Annual reports

Investor Presentation and earnings call

Bulk & block deals

Board and management

Profit & loss

Compounded returns

Compounded profit growth

3

1

2

3

1

2