As of 6 Nov 2026, Mapro Industries trades at 84.4× trailing earnings, above the industry P/E of 16.4×, and the shares are close to their 52-week high. Its ROCE of 1.6% is the lowest among the 7 largest Engineering & Construction peers, though net profit is above operating profit, which points to a one-off gain. The company has almost no debt. It is a small-cap company with a market cap of ₹90 Cr, ranked 120th of 156 Engineering & Construction companies by market cap; the shares rose 117% over the past year.
- ₹107.18
- ₹107.18
- ₹107.18
- ₹105.08
- 758
Health check
- ReturnsAhead
+116.9% over a year, better than 7 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROCE 1.6% vs peer median 19.9%.
- Balance sheetSolid
Practically debt-free.
- Red flags3 to check
Return on equity is low at 3.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹90 Cr
- Small cap
- P/E
- 84.4
- Industry 16.4
- Price to book
- 3.29
- Peers 4.92
- Dividend yield
- 0.00%
- ROE
- 3.4%
- Peers 17.9%
- ROCE
- 1.6%
- Peers 19.9%
- Debt to equity
- 0.02
- Debt ₹0.47 Cr
- EPS (TTM)
- ₹1.27
- OPM (TTM)
- 70.9%
- Net margin 147.3%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- +469.5%
- Latest quarter vs a year ago
- Price to sales
- 145.84
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 469.5% on a year ago.
Risks to check
- Return on equity is low at 3.4%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 84.4 against an industry P/E of 16.4.
About Mapro Industries
Mapro Industries Limited undertakes civil construction contracts through sub-contracting in India. It also trades in iron, steel, and cement. The company was formerly known as Meena Air Products Limited and changed its name to Mapro Industries Limited in September 1995. Mapro Industries Limited was incorporated in 1973 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Sector
- Industrials
- ISIN
- INE848M01019
- Website
- maproindustries.com
Price range
- Avg volume (3M)
- 14.1K
- 1-year return
- plus 116.9%
- From 52-week high
- 0.0%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| MAPROINMapro Industries | 107.18 | plus 2.00% | 90 | 84.4 | – | 1.6% | 70.9% | 0.02 | – | plus 116.9% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| – | – | 0.2 | 0.2 | 0.3 | |
| – | – | 0.2 | −0.1 | −0.3 | |
| 0.1 | 0.3 | −0.1 | 0.3 | 0.5 | |
| – | – | −39.5% | 161.8% | 194.3% | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | 0 | – | – | |
| 0.1 | 0.3 | −0.1 | 0.3 | 0.5 | |
| – | – | −136.7% | – | – | |
| 0.1 | 0.3 | −0.2 | 0.3 | 0.5 | |
| 0.12 | 0.33 | -0.02 | 0.31 | 0.66 |
Profit & loss
- ROE
- 3.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | – | – | 0.2 | |
| – | – | – | 0.5 | |
| −0.2 | −0.4 | −0.5 | −0.3 | |
| – | – | – | −200.1% | |
| 0 | 1 | 0.9 | 1.4 | |
| – | – | – | 0 | |
| – | −0.5 | −0.1 | −0.6 | |
| −0.2 | 0 | 0.4 | 0.4 | |
| 26.7% | 26.0% | 25.2% | 25.2% | |
| −0.2 | 0 | 0.3 | 0.3 | |
| – | – | +639.8% | +14.0% | |
| -0.02 | – | 0.32 | 0.37 |
Forecast
Balance sheet
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| 8.4 | 8.4 | 8.4 | |
| 17.4 | 17.6 | 17.9 | |
| – | – | 0.1 | |
| 0.2 | 0.2 | 0.4 | |
| 25.9 | 26.2 | 26.8 | |
| – | – | 0 | |
| 0.6 | 0.6 | 0.6 | |
| 0.3 | 0.1 | 0.2 | |
| 25 | 25.5 | 26 | |
| 25.9 | 26.2 | 26.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.2 | −1.4 | −0 | 0 | |
| 0.8 | 1.5 | – | −0 | |
| – | – | – | 0 | |
| −0.3 | 0.1 | −0 | 0 | |
| −1.2 | −1.4 | −0 | 0 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.