BSE: 543598
SHANTIDOOT INFRA SERVICES LIMI
Provides construction services for infrastructure projects, with a single reported segment of construction. The largest disclosed project is the Gautam Medical College & Hospital (GMCH) in Ranchi, a related-party contract with Right Path Foundation whose project cost was revised from Rs 242 crore to Rs 273 crore to include an additional hostel block of 2,02,556 sq ft. FY26 revenue from operations stood at Rs 45.02 crore, up 49.1% from the prior year, on total assets of Rs 18.39 crore. Materials consumed is by far the largest cost line at Rs 31.61 crore, or 70.2% of revenue, followed by other operating expenses at 29.6% and employee cost at 2.2%. The company is listed on the BSE SME platform (scrip code 543598), has its registered office in Patna, Bihar, and recently raised authorised share capital from Rs 3 crore to Rs 13 crore while planning a Rights Issue of up to Rs 12 crore. ROCE for FY26 was 15.99%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Construction (100%). Small, project-based construction services company on the BSE SME platform
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 10 | 30 | 45 |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | 6.89 | 0.00 | 7.98 |
| ROE % · ROCE % | — · 30.2 | — · 65.1 | — · 16.0 |
| Debt / equity (x) | — | — | — |
| Cash from operations | 2 | 1 | 6 |
| Capex | — | (3) | (5) |
Exhibit 2: Quarterly performance, last 6 quarters
| ₹ crore | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 7 | 5 | 25 | 18 | 27 |
| Profit before tax | (0) | 1 | 1 | 6 | 1 | 1 |
| Net profit | (0) | — | — | — | — | — |
| EPS (₹) | 0.00 | 4.72 | 5.00 | 0.00 | 3.60 | 4.39 |
Exhibit 3: 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 | 3,254 | 86.4 | 13.06 | 70.6 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,463 | 215.8 | 54.37 | 143.6 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 995 | — | 26.87 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 947 | 26.4 | — | — | — | 19.2 | — | — |
| SHRADDHA PRIME PROJECTS L | 681 | 12.2 | 4.99 | 11.5 | 39.1 | 20.2 | — | 16.1 |
| YOGI LTD. | 680 | 32.7 | 4.78 | 26.3 | 14.9 | 15.6 | — | 5.1 |
| HAZOOR MULTI PROJECTS LTD | 426 | 5.7 | 0.68 | 3.2 | 6.8 | 5.8 | — | 86.5 |
| RDB INFRASTRUCTURE AND POWER L | 332 | 16.9 | 1.25 | 21.0 | 4.7 | 5.7 | 16.3 | 23.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 43.1 | 17.4 | 46 of 61 | 25% |
| ROCE | 16.0 | 1.9 | 11 of 88 | 89% |
| Revenue growth | 306.6 | (11.0) | 8 of 64 | 89% |
| Market cap | 101 | 30 | 22 of 88 | 76% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Compliance Certificate under SEBI DP Reg. 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 1 Oct 2026 · AGM approves MD re-appointment for 5 years and regularises new director | management changes | medium | — | — |
| 30 Sept 2026 · All 4 resolutions passed unanimously at Shantidoot Infra 7th AGM | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading Window Closed for H1 FY26-27 Results | compliance | minimal | — | — |
| 29 Sept 2026 · Shantidoot Infra 7th AGM: 4 Resolutions Passed, FY26 Results Shared | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Board reshuffle at Shantidoot Infra: one director exits, MD re-appointed for 5 years | management changes | medium | — | — |
| 5 Sept 2026 · Web link to Annual Report sent to shareholders without registered email | compliance | minimal | — | — |
| 4 Sept 2026 · Annual Report FY25-26 and 7th AGM notice submitted to BSE | board shareholder meetings | medium | — | — |
| 4 Sept 2026 · 7th AGM notice on 29 Sep 2026 with director re-appointments | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board approves AGM on 29 Sept, MD re-appointment, director changes | management changes | high | — | — |
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.