Madhav Infra Projects Limited
NSE: MADHAVIPLMarket Closed • NSE
Day range
52 week range
Madhav Infra Projects Limited closed at INR7.11 (-1.11%) on volume 1.16x its 20-day average, trading 16.06% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -45.7% QoQ
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
High Cash Flow Conversion: CFO/PAT averaged 2.29x over last 3 years
Attractive Valuation: P/E of 7.4x trades below sector historical averages
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Electric Utilities.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
Adani Power LimitedADANIPOWER Open analysis | ₹3.78L | 26.50 | 0.00% | ₹18,902.00 | ₹4,867.00 | +33.97% | +47.26% |
NTPC LimitedNTPC Open analysis | ₹3.06L | 11.01 | 3.93% | ₹50,741.00 | ₹6,896.00 | +7.81% | +12.90% |
Power Grid Corporation of India LimitedPOWERGRID Open analysis | ₹2.33L | 14.65 | 3.60% | ₹9,795.00 | ₹3,411.00 | -1.34% | -6.62% |
Adani Green Energy LimitedADANIGREEN Open analysis | ₹2.14L | 124.71 | 0.00% | ₹4,431.00 | ₹983.00 | +16.61% | +19.30% |
Adani Energy Solutions LimitedADANIENSOL Open analysis | ₹1.67L | 56.21 | 0.00% | ₹9,711.00 | ₹1,237.00 | +42.41% | +129.50% |
The Tata Power Company LimitedTATAPOWER Open analysis | ₹1.13L | 29.32 | 0.71% | ₹19,051.00 | ₹1,401.00 | +5.63% | +11.01% |
GAIL (India) LimitedGAIL Open analysis | ₹1.11L | 11.18 | 3.25% | ₹41,198.00 | ₹4,671.00 | +16.67% | +96.10% |
Siemens Energy India LimitedENRIN Open analysis | ₹1.03L | 69.13 | 0.14% | ₹2,485.60 | ₹440.90 | +39.28% | +67.83% |
Incorporated in 2010, Madhav Infra Projects Ltd is in the business of Infrastructure Development and Solar Power generation[1]
IndiaUtilities
Is Madhav Infra Projects Limited Shariah compliant?
Madhav Infra Projects Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (86.08%) exceeds AAOIFI threshold (≤ 33%).
What is Madhav Infra Projects Limited's current valuation relative to peers?
Madhav Infra Projects Limited trades at a P/E of 7.4x compared to the sector median of 21.1x, and a Price-to-Book of 0.8x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.69x and a Net Debt to EBITDA ratio of 2.5x. Interest coverage is 2.6x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 12.9% while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.

