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Dossier · MEGHNA INFRACON INFRA L · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
MEGHNA INFRACON INFRA L
NSE: MIIL · BSE: 538668
NSE: MIIL · BSE: 538668
Consumer Discretionary › Realty › Realty › Residential, Commercial Projects
MEGHNA INFRACON INFRA L
StateQ4 FY26 filed
Last close · 28 Oct 2026₹672.10
Market cap₹1.5k cr
TTM P/E · P/B · EV/EBITDA215.4 · 54.29 · 143.3
MEGHNA INFRACON INFRA L is a Realty company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 54 | 40 | 46 |
| EBITDA (ex other income) | 1 | 11 | 10 |
| margin % | 2.7 | 28.4 | 22.1 |
| Owners' profit | 1 | 9 | 5 |
| EPS, as reported (₹) | 2.92 | 8.50 | 2.48 |
| ROE % · ROCE % | 18.4 · 19.9 | 98.0 · 87.7 | 20.8 · 34.8 |
| Debt / equity (x) | 0.14 | 0.33 | 0.83 |
| Cash from operations | — | 18 | (25) |
| Capex | — | (1) | (1) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · MEGHNA INFRACON INFRA L · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 3 | 10 | 12 | 10 | 9 | 8 | 18 |
| Profit before tax | 2 | 0 | 5 | 4 | 2 | 1 | 4 | 3 |
| Net profit | 2 | — | 4 | 4 | 2 | 1 | 1 | 2 |
| EPS (₹) | 1.48 | 0.28 | 3.13 | 3.61 | 1.28 | 0.48 | 0.44 | 0.92 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Sale of shares, investment & other financing activities | 1 | 2.4 |
| b) Real Estate Activity | 27 | 58.3 |
| a) Investment and Share Trading Activity | 0 | 0.3 |
| b) Real Estate Activity (profit share from partnership firm) | 18 | 39.0 |
| Total, before eliminations | 46 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,089 | 82.0 | 12.40 | 67.0 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L ◆ | 1,460 | 215.4 | 54.28 | 143.3 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,015 | — | 27.41 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 954 | 26.6 | — | — | — | 19.2 | — | — |
| SHRADDHA PRIME PROJECTS L | 666 | 11.9 | 4.88 | 11.3 | 39.1 | 20.2 | — | 16.1 |
| YOGI LTD. | 656 | 31.5 | 4.61 | 25.6 | 14.9 | 15.6 | — | 5.1 |
| HAZOOR MULTI PROJECTS LTD | 409 | 5.5 | 0.66 | 3.1 | 6.8 | 5.8 | — | 86.5 |
| RDB INFRASTRUCTURE AND POWER L | 340 | 17.3 | 1.28 | 21.5 | 4.7 | 5.7 | 16.3 | 23.7 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 215.4 | 17.4 | 57 of 61 | 7% |
| P/B | 54.3 | 1.1 | 70 of 70 | 0% |
| ROCE | 33.9 | 1.9 | 4 of 88 | 97% |
| ROE | 20.8 | 1.6 | 6 of 73 | 93% |
| Debt / Equity | 0.8 | 0.3 | 55 of 73 | 25% |
| EBITDA margin | 15.3 | 15.3 | 30 of 59 | 50% |
| Revenue growth | 52.5 | (11.0) | 14 of 64 | 79% |
| Profit growth | (57.5) | (48.8) | 45 of 79 | 44% |
| Market cap | 1460 | 30 | 2 of 88 | 99% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · MEGHNA INFRACON INFRA L · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · RTA cert under SEBI Reg 74(5) for Q2 FY27 filed with BSE | compliance | minimal | — | — |
| 1 Oct 2026 · All 7 resolutions passed at Meghna Infracon 19th AGM; Rs 0.25 dividend declared | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Naysaa Vikram Lodha appointed Non-Executive Non-Independent Director | management changes | medium | — | — |
| 30 Sept 2026 · 19th AGM held; Rs 0.25 dividend and 6 other resolutions transacted | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 for Q2 FY27 results | compliance | minimal | — | — |
| 18 Sept 2026 · Promoter Vikram Lodha buys 10,000 shares worth Rs 68.80 lakh from open market | ownership changes | medium | — | — |
| 18 Sept 2026 · Promoter Vikram Lodha buys 10,000 shares from open market | ownership changes | low | — | — |
| 18 Sept 2026 · Board reshuffle at Meghna Infracon, promoter family takes CEO and director roles | management changes | high | — | — |
| 8 Sept 2026 · Newspaper ads published for 19th AGM on September 30, 2026 via video conferencing | compliance | minimal | — | — |
| 7 Sept 2026 · 19th AGM notice and Annual Report 2025-26 web link dispatch | compliance | minimal | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in