Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · MITCON CON & ENG SER LTD · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
MITCON CON & ENG SER LTD
NSE: MITCON
NSE: MITCON
Services › Services › Commercial Services & Supplies › Consulting Services
MITCON CON & ENG SER LTD
StateQ1 FY27 filed
Last close · 9 Oct 2026₹75.50
Market cap₹0.1k cr
TTM P/E · P/B · EV/EBITDA12.0 · 0.76 · 6.1
MITCON CON & ENG SER LTD is a Commercial Services & Supplies 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, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 107 | 84 | 129 | 113 | 126 |
| EBITDA (ex other income) | 16 | 16 | 29 | 29 | 31 |
| margin % | 15.2 | 19.0 | 22.2 | 25.9 | 24.6 |
| Owners' profit | 1 | 4 | 5 | 6 | 8 |
| EPS, as reported (₹) | 1.12 | 3.27 | 4.20 | 4.63 | 5.41 |
| ROE % · ROCE % | — · — | 3.9 · 5.5 | 4.3 · 9.7 | 4.7 · 10.0 | 5.4 · 9.4 |
| Debt / equity (x) | — | 0.85 | 1.05 | 0.75 | 0.53 |
| Cash from operations | (2) | 30 | 24 | 21 | 17 |
| Capex | (15) | (16) | (36) | (15) | (4) |
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 · MITCON CON & ENG SER LTD · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 22 | 38 | 24 | 29 | 27 | 45 | 68 |
| Profit before tax | 2 | 2 | 3 | 2 | 1 | 2 | 8 | 4 |
| Net profit | 2 | 0 | 2 | 1 | 1 | 2 | 6 | 3 |
| EPS (₹) | 1.11 | 0.27 | 1.21 | 0.82 | 0.56 | 0.92 | 3.24 | 1.58 |
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 % |
|---|---|---|
| Consultancy and Training | 94 | 75.1 |
| Project Service | 14 | 11.1 |
| Wind / Solar Power Generation | 9 | 7.5 |
| Wind/Solar Power Generation | 8 | 6.3 |
| Total, before eliminations | 126 | 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. % |
|---|---|---|---|---|---|---|---|---|
| CENTRAL MINE P N D INST L | 14,712 | 48.4 | 6.44 | — | 26.9 | 34.6 | — | 34.9 |
| IIRM HOLDINGS INDIA LIMITED | 797 | 32.5 | 5.06 | 13.5 | 15.5 | 14.4 | — | 24.9 |
| Qualitek Labs Limited | 629 | 40.4 | — | — | — | 8.5 | — | — |
| Monarch Surveyors and Engineer | 347 | 7.1 | — | — | — | 20.9 | — | — |
| LIKHAMI CONSULTING LIMITED | 311 | 975.6 | 8.84 | — | 0.7 | 0.9 | — | 67.2 |
| Ekansh Concepts Limited | 280 | 88.9 | 6.16 | 167.1 | (6.7) | (6.8) | (12.2) | 48.8 |
| EKI ENERGY SERVICES LTD | 217 | — | 0.57 | 22.1 | (4.3) | (3.0) | — | (6.1) |
| AAA TECHNOLOGIES LIMITED | 134 | 62.8 | 4.32 | — | 6.7 | 8.9 | — | 31.8 |
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) | 12.2 | 8.9 | 14 of 23 | 41% |
| P/B | 0.8 | 1.9 | 5 of 17 | 75% |
| ROCE | 5.1 | 8.2 | 15 of 26 | 44% |
| ROE | 5.4 | 6.7 | 11 of 17 | 38% |
| Debt / Equity | 0.5 | 0.0 | 14 of 17 | 19% |
| EBITDA margin | 12.7 | 31.8 | 13 of 17 | 25% |
| Revenue growth | 176.6 | 10.3 | 1 of 18 | 100% |
| Profit growth | 129.8 | (29.8) | 3 of 18 | 88% |
| Market cap | 133 | 36 | 9 of 26 | 68% |
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 · MITCON CON & ENG SER LTD · 9 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · MITCON arm buys 26.72% more in MITCON Solar Alliance for Rs 2.4 cr | strategic transactions | medium | — | — |
| 23 Sept 2026 · Trading Window closure from Sep 30, 2026 for Q2 results | compliance | minimal | — | — |
| 19 Sept 2026 · AGM voting results: All 10 resolutions at MITCON 44th AGM passed unanimously | board shareholder meetings | low | — | — |
| 17 Sept 2026 · MITCON 44th AGM concludes on Sept 17, 2026; voting results pending | board shareholder meetings | medium | — | — |
| 26 Aug 2026 · Newspaper Publication Notice for 44th AGM | compliance | minimal | — | — |
| 25 Aug 2026 · MITCON 44th AGM notice on September 17, 2026 - financial statements and related party deals | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Newspaper publication of Q1 FY27 financial results | compliance | minimal | — | — |
| 13 Aug 2026 · Q1 FY27 Results: Consolidated Revenue Rs 67.58 Cr, PAT Rs 2.75 Cr | results | high | — | — |
| 3 Aug 2026 · MITCON sets up two step-down units in trusteeship services | strategic transactions | medium | — | — |
| 3 Aug 2026 · MITCON subsidiary sets up two new step-down units | general | low | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
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