Mahaveer Infoway Limited

BSE: MAHAVEER539383ISIN INE019D01016

Information Technology
Computers - Software & Consulting

Share price

₹9.30-0.45 (-4.62%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹17.95
52W low: ₹7.30
Off 52W high: -48.19%
1M return: -17.11%
3M return: -35.95%
6M return: -11.00%
1Y return: -32.71%
20D avg volume: 154
50 DMA: ₹10.85
200 DMA: ₹10.88

Key ratios Standalone

Market cap: ₹5.12 Cr
Current price: ₹9.30
52W high / low: ₹17.95 / ₹7.30
Face value: ₹10.00
P/E: 16.61
P/B: 1.24
EPS (TTM): ₹0.56
Book value / share: ₹7.50
ROE: 7.45%
ROCE: 19.30%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-0.01 Cr
Interest cover: 45.00
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 64.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	0.00	0.00	0.51	0.68	0.67	0.75	0.25	0.64	1.02	0.83	—
	0.12	0.07	1.23	0.00	0.00	0.00	0.28	—	—	—	—
	0.12	0.07	1.73	0.68	0.67	0.75	0.53	0.64	1.02	0.83	—
	0.19	0.20	1.04	0.64	0.65	0.65	0.67	0.51	0.85	0.81	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.01	0.09	0.03	0.11	0.00	0.07	0.14	0.15	—
	0.14	0.13	0.43	0.38	0.42	0.42	0.43	0.32	0.41	0.51	—
	0.00	0.00	-0.01	0.00	0.00	0.03	0.03	0.03	0.03	0.03	—
	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	—
	0.03	0.05	0.58	0.13	0.16	0.07	0.17	0.01	0.15	—	—
	-0.07	-0.13	0.70	0.05	0.03	0.10	-0.14	0.13	0.16	0.02	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	-0.07	-0.13	0.70	0.05	0.03	0.10	-0.14	0.13	0.16	0.02	—
	0.00	0.00	0.23	0.00	0.00	0.00	0.10	—	—	—	—
	-0.07	-0.13	0.46	0.05	0.03	0.10	-0.23	0.13	0.16	0.02	—
	-0.13	-0.23	0.84	0.09	0.00	0.18	-0.43	0.23	0.30	0.03	—
Key metrics
	-0.04	-0.10	0.72	0.08	0.06	0.16	-0.08	0.19	0.22	0.08	—
	—	—	141.20%	11.80%	9.00%	21.30%	-32.00%	29.70%	21.60%	9.60%	—
	—	—	90.20%	7.40%	4.50%	13.30%	-92.00%	20.30%	15.70%	2.40%	—
	-1.60%	—	14.80%	—	0.70%	—	-2.70%	—	—	—	—
	-100.00%	-100.00%	104.00%	6.30%	-34.30%	-9.60%	—	—	—	—	—
	-333.30%	-230.00%	300.00%	-61.50%	-81.20%	400.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1.19	2.62	2.73	—
	1.42	1.23	0.28	—
	2.60	3.84	3.01	—
	2.07	2.97	2.84	—
	0.00	0.00	0.00	—
	0.10	0.24	0.36	—
	1.08	1.66	1.68	—
	-0.01	0.02	0.13	—
	0.12	0.12	0.12	—
	0.79	0.93	0.55	—
	0.55	0.88	0.18	—
	0.00	0.00	0.00	—
	0.55	0.88	0.18	—
	0.23	0.23	0.10	—
	0.31	0.64	0.08	—
	0.57	1.16	0.15	—
Key metrics
	0.66	1.02	0.43	—
	55.46%	38.90%	15.80%	—
	26.05%	24.40%	2.90%	—
	—	19.30%	7.70%	—
	-48.48%	-4.00%	—	—
	933.33%	700.00%	—	—
	—	-0.53	-0.10	—
	—	-0.83	-1.25	—
	—	0.00	0.24	—
	—	-0.01	0.96	—
	—	64.1	147.0	—
Balance sheet
	—	6.51	7.29	—
	—	5.35	6.04	—
	—	0.01	0.02	—
	—	0.11	0.77	—
	—	0.36	0.36	—
	—	—	0.00	—
	—	1.04	1.16	—
	—	0.01	0.03	—
	—	1.84	3.26	—
	—	0.00	0.98	—
	—	0.00	0.98	—
	—	0.00	0.00	—
	—	4.67	4.03	—
Cash flow
	—	-0.53	-0.10	—
	—	0.56	0.28	—
	—	-0.03	-0.13	—
	—	0.00	0.00	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -48.48%
Profit YoY (TTM): +933.33%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 47.08%

Quarter	September 2026	June 2026
Promoter %	47.08%	47.08%

Holder	Type	Holding	Previous	Change
ASHOK KUMAR JAIN	Promoter	34.65%	34.65%	0.00%
VIJAY KUMAR KOTHARI	Promoter	7.78%	7.78%	0.00%
SHAH NIRUBEN JITENDRA	Public	5.43%	—	—
ANITHA JAIN	Public	2.38%	2.38%	0.00%
RAJENDRA RAJARAM DHOLE	Public	2.27%	2.27%	0.00%
VIVEK JAIN	Promoter	2.01%	2.01%	0.00%
VIJAYA RAMESH DIXIT	Public	1.82%	1.82%	0.00%
CHAMPADEVI MADANLAL BHANSALI	Public	1.82%	1.82%	0.00%
NIRMAL KOTHARI	Promoter	1.82%	1.82%	0.00%
BHANSALI SWEETY JEETENDRAKUMAR	Public	1.82%	1.82%	0.00%
MADHUSUDAN RAO POLINENI	Public	1.04%	1.04%	0.00%
LEELA DEVI KOTHARI	Promoter	0.64%	0.64%	0.00%
BASANTA BAI JAIN	Promoter	0.18%	0.18%	0.00%
Anitha Kothari	Promoter	0.00%	0.00%	0.00%
Manju Devi Kothari	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Tata Consultancy Services Ltd.	8,81,004	2,435.00	16.99	54.90%	+9.92% TTM	+4.37% TTM	-18.56%
Infosys Ltd	4,57,410	1,127.10	14.86	39.00%	+11.73% TTM	+9.34% TTM	-23.22%
HCL Technologies Ltd	3,81,270	1,405.00	20.80	27.20%	+12.76% TTM	+7.93% TTM	-8.09%
Wipro Ltd.	1,91,922	193.75	14.51	18.60%	+8.22% TTM	-2.44% TTM	-18.61%
Tech Mahindra Limited	1,74,643	1,781.70	31.35	19.80%	+13.60% TTM	+24.88% TTM	+26.47%
LTM LIMITED	1,24,174	4,186.00	23.90	25.80%	+14.67% TTM	+7.10% TTM	-25.47%
Persistent Systems Limited	99,915	6,025.00	55.41	29.40%	+27.10% TTM	+8.29% TTM	+2.88%
COFORGE LIMITED	91,044	2,055.00	43.36	18.70%	+41.21% TTM	+56.10% TTM	+16.26%
Mphasis Limited	47,635	2,494.65	24.93	23.00%	+13.69% TTM	+9.84% TTM	-9.81%
Hexaware Technologies Limited	30,618	501.10	21.83	—	+13.45% TTM	+0.39% TTM	-27.90%
Tata Elxsi Ltd S	23,210	3,725.10	34.63	26.20%	+10.01% TTM	-0.07% TTM	-30.72%
Fractal Analytics Limited	14,551	835.75	39.49	12.50%	—	—	—
KPIT Technologies Ltd	14,310	522.00	26.83	22.10%	+9.16% TTM	-30.96% TTM	-54.81%
IDream Film Infrastructure Company Limited	12,831	467.35	9,786.82	2.10%	—	+690.91% TTM	+164.86%
Zensar Technologies Ltd.	12,138	532.95	15.46	21.00%	+8.81% TTM	+11.99% TTM	-27.59%
RateGain Travel Technologies Limited	9,406	793.55	38.81	9.80%	+114.36% TTM	+15.14% TTM	+15.83%
ASM Technologies Ltd. S	9,154	6,275.30	—	22.70%	+133.51% TTM	+117.67% TTM	+63.73%
BIRLASOFT LIMITED	8,925	319.00	14.47	18.60%	+3.75% TTM	+33.56% TTM	-14.02%
INTELLECT DESIGN ARENA LIMITED	7,446	530.10	21.08	13.60%	+16.99% TTM	-12.31% TTM	-55.75%
Sonata Software Ltd.	6,367	227.05	13.75	27.60%	+3.97% TTM	+8.12% TTM	-39.25%
Newgen Software Technologies Limited	6,295	441.75	19.75	20.80%	+6.49% TTM	-3.04% TTM	-54.57%
Happiest Minds Technologies Limited	4,754	312.20	20.56	17.20%	+12.13% TTM	+18.44% TTM	-38.39%
Mastek Limited	4,476	1,443.50	10.51	16.60%	+5.99% TTM	+16.64% TTM	-32.51%
63 Moons Technologies Limited	4,263	925.15	-45.07	-1.00%	+490.54% TTM	-119.65% TTM	+16.75%
Latent View Analytics Limited	4,030	194.60	20.01	14.70%	+20.34% TTM	+5.91% TTM	-58.20%
Mahaveer Infoway Limited S	5	9.30	16.61	19.30%	-48.48% TTM	+933.33% TTM	-32.71%

Filings & corporate actions

Recent announcements

Outcome of Board meeting held on 03-11-20263 Nov 2026 · Result / Financial Results
Outcome of the Board meeting held on 03-11-20263 Nov 2026 · Result / Financial Results
With reference to the above subject cited, this is to inform the Exchange that at the meeting of the Board of Directors of M/s. Mahaveer Infoway Limited held on Tuesday, the 3rd day of ....3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Mahaveer Infoway Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve With reference to the above ....29 Oct 2026 · Board Meeting / Board Meeting
Submission of compliance as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 30.09.2026.13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The 35th Annual General Meeting of Mahaveer Infoway Limited held on 30th september, 2026 at its registered office of the company. The voting results and scrutinizer''s report for the said ....1 Oct 2026 · AGM/EGM / AGM
We would like to inform you that Board of Directors of the Company, at the Board Meeting held on 30/09/2026 have decided to appoint Ms. Sanjana Soni (M. No. A74587) as Whole-Time Company ....30 Sep 2026 · Others / Outcome without intimation
Outcome of Board Meeting pursuant to Regulation 6(1) and 30(6) of the SEBI (LODR) Regulations, 201530 Sep 2026 · Company Update / Change in Management
The 35th AGM of the members of Mahaveer Infoway Limited was held on wednesday 30th day of september, 2026 and in that regard please find enclosed a copy of proceedings of AGM under Regulation ....30 Sep 2026 · AGM/EGM / AGM
Outcome of 35th AGM of Mahaveer Infoway Limited under Regulation 30(6) read with schedule III of SEBI (LODR) Regulations, 2015.30 Sep 2026 · Company Update / Meeting Updates
In respect of the above captioned subject, this is to inform to the stock exchange that the AGM of Mahaveer Infoway Limited was held on 30th september, 2026 from 11:00 AM to 12 :45 PM ....30 Sep 2026 · Company Update / General
Outcome of 35th AGM under regulation 30(6) read with schedule III of SEBI (LODR) Regulations, 2015.30 Sep 2026 · AGM/EGM / AGM
Closure of trading window under SEBI(Prohibtion of Insider Trading) Regulations,201528 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of newspaper publication of notice of 35th AGM of the company for the FY. 2025-26.9 Sep 2026 · Company Update / Newspaper Publication
In terms of the provisions of Regulation 30 and Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing ....8 Sep 2026 · Others / Reg. 34 (1) Annual Report
In terms of the Provisions of Regulation 30 and Regulation 34 of the Securities and Exchange Board of India (LODR) Regulations, 2015 (SEBI Listing Regulations) the Annual Report for the ....7 Sep 2026 · Company Update / General
In the terms of Regulation 30 and Regulation 34 of the Securities Exchange Board of India (LODR) Regulations, 2015 (SEBI Listing Regulations) the Annual Report for the Financial Year 2025-26 ....7 Sep 2026 · Company Update / Meeting Updates
In the terms of the provisions of Regulation 30 and Regulation 34 of the Securities and Exchange Board of India (LODR) Regulations, 2015 (SEBI Listing regulations), the Annual report for ....7 Sep 2026 · AGM/EGM / AGM
The company at its Board meeting held on 07/09/26 considered and approved the following: 1. Time,date and venue for the AGM of the Members and approved the draft Notice thereof 2.The ....7 Sep 2026 · Board Meeting / Outcome of Board Meeting
Mahaveer Infoway Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/09/2026 ,inter alia, to consider and approve 1. To fix the date, time and ....2 Sep 2026 · Board Meeting / Board Meeting
Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulation, 20152 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement for publication of unaudited financial results for the quarter ended 30/06/202615 Jul 2026 · Company Update / General
Results of the Board Meeting held on 13th July, 2026 for the Quarter ended 30 June, 202613 Jul 2026 · Result / Financial Results
With reference to the above subject cited, this is to inform the Exchange that at the meeting of the Board of Directors of M/s. Mahaveer Infoway Limited held on Monday the 13th day of July, ....13 Jul 2026 · Board Meeting / Outcome of Board Meeting
With Reference to the subject cited above please find attached the copy of confirmaton certificate as required under Regulation 74(5) of the SEBI (Depositories and participants) Reglations, ....8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Mahaveer Infoway Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/07/2026 ,inter alia, to consider and approve 1. Unaudited financial results ....8 Jul 2026 · Board Meeting / Board Meeting
Closure of Trading Window Under SEBI(Prohibition of Insider Trading) Regulations, 2015 of Quarter ended on June 2026.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Transfer of shares between Promoter Group11 Jun 2026 · Company Update / General
Newspaper advertisement for publication of standalone Audited Financial Results for the year and quarter ended 31st March, 2026.22 May 2026 · Company Update / Newspaper Publication
Audited financial results for the quarter ended 31-03-202620 May 2026 · Result / Financial Results
Audited financials approved at the Board meeting held on 20/05/202620 May 2026 · Result / Financial Results
This is to inform the Exchange that at the meeting of the Board of Directors of Mahaveer Infoway Limited held on Wednesday the 20th day of May, 2026 from at 4.00 p.m. to 5:30 p.m. at the ....20 May 2026 · Board Meeting / Outcome of Board Meeting
Mahaveer Infoway Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve 1. Financial results for ....15 May 2026 · Board Meeting / Board Meeting
Mahaveer Infoway Limited does not fall under the category of a Large Corporates as per the framework prescribed in the circular.28 Apr 2026 · Company Update / General
Submission of Certificate of Non-Applicability of Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 for the Financial Year ended 31st March 202622 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Submission of Compliance as per Regulation 74(5) of SEBI (Depository and Participants) Regulations 2018, for the quarter ended 31st March, 20269 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 31(4) of SEBI ( Substantial Acquisition of Shares and Takeovers) Regulations, 2011, declaration is hereby being made that no Encumbrance on shares of Mahaveer Infoway ....6 Apr 2026 · Company Update / General
Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 201525 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement for publication of standalone un audited financial results for the quarter ended December 31st 202512 Feb 2026 · Company Update / Newspaper Publication
Unaudited financial results and Limited Review Report for the quarter ended 31.12.202510 Feb 2026 · Result / Financial Results

Board meetings

3 Nov 2026 Board Meeting - Financial Results