As of 6 Nov 2026, Mega Nirman & Industries trades at 222.7× trailing earnings, above the industry P/E of 30.0×, and the shares are 21% below their 52-week high. Its ROCE of 1.4% is the lowest among the 7 largest Electrical Equipment & Parts peers, and sales grew 107% a year over 3 years. It is a small-cap company with a market cap of ₹126 Cr, ranked 78th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 122% over the past year.
- ₹51.28
- ₹51.28
- ₹46.40
- ₹48.84
- 5.4K
Health check
- ReturnsAhead
+122.0% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 222.7 vs industry 30.0.
- GrowthStrong
Sales +106.9%, profit +207.6% a year over 3 years.
- ProfitabilityWeak
ROCE 1.4% vs peer median 22.1%.
- Balance sheetFair
Piotroski 5 of 9.
- Red flags3 to check
Return on equity is low at 1.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹126 Cr
- Small cap
- P/E
- 222.7
- Industry 30.0
- Price to book
- n/a
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 1.4%
- Peers 18.0%
- ROCE
- 1.4%
- Peers 22.1%
- Debt to equity
- n/a
- EPS (TTM)
- ₹0.22
- OPM (TTM)
- 0.5%
- Net margin 0.0%
- Sales growth
- +268.2%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 9.32
Strengths and risks
Strengths
- Quarterly sales up 268.2% on a year ago.
Risks to check
- Return on equity is low at 1.4%.
- P/E of 222.7 against an industry P/E of 30.0.
- Interest coverage of only 1.7×.
About Mega Nirman & Industries
Mega Nirman & Industries Limited engages in acquiring and dealing in precious metals and stones, and jewelries in India. It also buys, sells, deals, wholesales, and retails precious metals and stones, and jewelries, as well as articles made of precious metals and stones articles of virtue and objects of art. The company was formerly known as Daphene investment and Properties Limited. Mega Nirman & Industries Limited was incorporated in 1983 and is based…
- Headquarters
- New Delhi
- Sector
- Industrials
- ISIN
- INE216Q01010
- Website
- mnil.in
Price range
- Avg volume (3M)
- 34.9K
- 1-year return
- plus 122.0%
- From 52-week high
- minus 21.0%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| MNILMega Nirman & Industries | 49.00 | plus 0.33% | 126 | 222.7 | 1301.8 | 1.4% | 0.5% | – | 106.9% | plus 122.0% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.7 | 4.6 | 6.2 | 3.4 | 2.4 | |
| 1 | 4.7 | 6.3 | 2.8 | 2.7 | |
| −0.3 | −0.2 | −0 | 0.6 | −0.3 | |
| −46.1% | −3.6% | −0.6% | 17.8% | −13.2% | |
| 0.1 | 0.1 | 0.4 | 0.1 | 0.4 | |
| 0 | 0 | 0 | 0.1 | 0 | |
| 0 | 0 | 0 | 0.3 | 0.1 | |
| −0.2 | −0.1 | 0.4 | 0.3 | 0 | |
| – | – | 8.0% | 24.9% | 25.2% | |
| −0.2 | −0.1 | 0.4 | 0.3 | 0 | |
| -0.55 | -0.03 | 0.14 | 0.10 | 0.01 |
Profit & loss
- Sales CAGR 3Y
- +106.9%
- Profit CAGR 3Y
- +207.6%
- EPS CAGR 3Y
- +65.1%
- ROE
- 1.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.5 | – | 7 | 13.5 | |
| 1.7 | – | 7.7 | 13.4 | |
| −0.1 | −0.8 | −0.7 | 0.1 | |
| −9.1% | – | −10.4% | 0.7% | |
| 0.2 | 0.2 | 0.8 | 0.7 | |
| 0 | 0 | – | 0.1 | |
| 0 | 0 | 0 | 0.3 | |
| – | – | – | 0 | |
| 0 | −0.5 | 0.1 | 0.5 | |
| 25.7% | −0.1% | 25.3% | 25.2% | |
| 0 | −0.5 | 0.1 | 0.4 | |
| – | minus 4514.3% | – | +565.5% | |
| 0.04 | -1.60 | 0.16 | 0.18 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.3 | 3.3 | 3.3 | 25.6 | |
| 1.6 | 9.7 | 9.7 | 12.9 | |
| – | – | – | 3.4 | |
| 6.6 | 6.5 | 1 | 1.4 | |
| 11.5 | 19.6 | 14.1 | 43.4 | |
| 0 | 0.1 | 0.1 | 31.4 | |
| – | – | – | 30.7 | |
| 0.2 | 0.2 | 0 | 0.3 | |
| 0 | 8.2 | 2.5 | 1.8 | |
| 11.3 | 11.1 | 11.4 | −20.7 | |
| 11.5 | 19.6 | 14.1 | 43.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.2 | −0.7 | −6.1 | 1.8 | |
| – | −8.2 | 5.7 | −30.5 | |
| 0.2 | 8.9 | 0.7 | 29.1 | |
| −0 | 0 | 0.3 | 0.5 | |
| – | −0 | −0.2 | −31.5 | |
| −0.2 | −0.7 | −6.4 | −29.7 |
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.