Meghna Infracon Infrastructure (MIIL) had a P/E of 337.4× on 6 Nov 2026, above the industry P/E of 22.1×. Its ROCE of 35% is the highest among the 7 largest Real Estate (Development) peers. Debt is 0.83× equity. It is a small-cap company with a market cap of ₹1,532 Cr, ranked 33rd of 112 Real Estate (Development) companies by market cap; the shares fell 0.4% over the past year.
- ₹705.15
- ₹713.90
- ₹690.00
- ₹698.90
- 95.9K
Health check
- ReturnsAhead
−0.4% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 337.4 vs industry 22.1.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 34.7% vs peer median 10.4%.
- Balance sheetFair
Debt 0.83× equity, interest covered 42.1×, Piotroski 4 of 9.
- Red flags3 to check
Quarterly profit down 61.6% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,532 Cr
- Small cap
- P/E
- 337.4
- Industry 22.1
- Price to book
- 56.23
- Peers 2.88
- Dividend yield
- 0.04%
- ROE
- 21.9%
- Peers 11.1%
- ROCE
- 34.7%
- Peers 10.4%
- Debt to equity
- 0.83
- Debt ₹22 Cr
- EPS (TTM)
- ₹2.09
- Face value ₹10
- OPM (TTM)
- 20.6%
- Net margin 10.3%
- Sales growth
- −19.5%
- Latest quarter vs a year ago
- Profit growth
- −61.6%
- Latest quarter vs a year ago
- Price to sales
- 34.87
Strengths and risks
Strengths
- Return on equity of 21.9%.
- Return on capital employed of 34.7%.
Risks to check
- Quarterly profit down 61.6% on a year ago.
- Quarterly sales down 19.5% on a year ago.
- P/E of 337.4 against an industry P/E of 22.1.
About Meghna Infracon Infrastructure
Meghna Infracon Infrastructure Limited engages in the real estate development business in India. It develops residential, commercial, and mixed-use development projects. The company was formerly known as Naysaa Securities Limited and changed its name to Meghna Infracon Infrastructure Limited in May 2024. The company was incorporated in 2007 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 19
- Sector
- Real Estate
- ISIN
- INE898Q01015
- Website
- meghnarealty.com
Price range
- Avg volume (3M)
- 79K
- 1-year return
- minus 0.4%
- From 52-week high
- minus 5.1%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| MIILMeghna Infracon Infrastructure | 705.15 | plus 0.89% | 1,532 | 337.4 | 151.1 | 34.7% | 8.0% | 0.83 | – | minus 0.4% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 10.5 | 8.8 | 8.5 | 18.5 | 8.4 | |
| 8.4 | 7.5 | 4.4 | 15.7 | 7.5 | |
| 2 | 1.3 | 4.1 | 2.8 | 0.9 | |
| 19.5% | 15.1% | 48.1% | 15.0% | 10.9% | |
| 0 | 0 | 0 | 0.1 | 0 | |
| 0 | 0 | 0.1 | 0.1 | 0.1 | |
| 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | |
| 1.9 | 1.2 | 3.9 | 2.6 | 0.7 | |
| 20.2% | −0.1% | 71.6% | 31.4% | 14.9% | |
| 1.4 | 1 | 0.9 | 2 | 0.5 | |
| 1.28 | 0.48 | 0.44 | 0.92 | 0.25 |
Profit & loss
- ROE
- 21.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 55.6 | 39.9 | 46.2 | |
| – | – | minus 28.3% | +15.8% | |
| – | 52.1 | 28.5 | 35.9 | |
| 0.1 | 3.5 | 11.4 | 10.3 | |
| – | 6.3% | 28.5% | 22.2% | |
| – | 0.1 | 0.3 | 0.1 | |
| 0.5 | 0.3 | 0.3 | 0.2 | |
| 0.1 | 0.1 | 0.2 | 0.5 | |
| – | – | 0 | −0 | |
| – | 3.3 | 11.2 | 9.6 | |
| – | 2.7% | 12.6% | 41.5% | |
| – | 3.2 | 9.2 | 5.4 | |
| – | – | +191.2% | minus 41.7% | |
| – | 1.46 | 4.25 | 2.48 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.9 | 10.9 | 10.9 | 21.7 | |
| −0.8 | 2.3 | 11.1 | 5.5 | |
| 8.5 | 2.3 | 3.3 | 22.4 | |
| 0.2 | 5.8 | 9.8 | 8 | |
| 18.7 | 21.3 | 35.1 | 57.7 | |
| 0.1 | 0.1 | 1 | 1.6 | |
| 0 | 0 | 0.5 | 0.5 | |
| 0.4 | 0.6 | 0.9 | 5.3 | |
| 18.2 | 20.6 | 32.7 | 50.4 | |
| 18.7 | 21.3 | 35.1 | 57.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −16.7 | 11.2 | 18.3 | −24.8 | |
| 1 | −3.3 | −1.9 | −1.1 | |
| 14.8 | −8 | −16.1 | 30.2 | |
| −0.8 | −0.1 | 0.3 | 4.3 | |
| −0.1 | −0 | −1.1 | −1.2 | |
| −16.8 | 11.2 | 17.2 | −26 | |
| – | – | −0.1 | −0.1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 2.4% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.