MODERN ENGINEERING AND PROJECTS LIMITED

BSE: MEAPL539762ISIN INE250S01015

Industrials
Civil Construction

Share price

₹21.54-0.70 (-3.15%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹47.95
52W low: ₹19.40
Off 52W high: -55.08%
1M return: -7.79%
3M return: -16.51%
6M return: -51.16%
1Y return: -42.41%
20D avg volume: 73,901
50 DMA: ₹25.44
200 DMA: ₹31.27

Key ratios Standalone

Market cap: ₹33.28 Cr
Current price: ₹21.54
52W high / low: ₹47.95 / ₹19.40
Face value: ₹10.00
P/E: 4.53
P/B: 0.66
EPS (TTM): ₹4.76
Book value / share: ₹32.64
ROE: 14.64%
ROCE: 13.50%
Operating margin: 16.83%
Net margin: 5.30%
Debt / equity: 0.55
Net debt: ₹32.53 Cr
Interest cover: 13.16
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 157.4 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	12.82	47.62	24.80	16.42	30.94	42.20	22.68	16.25	14.49	—
	0.02	0.54	0.52	1.49	0.52	0.24	0.06	0.64	1.36	—
	12.84	48.16	25.32	17.90	31.46	42.44	22.74	16.88	15.85	—
	11.82	47.67	21.00	13.54	29.22	31.33	26.58	18.22	14.50	—
	6.67	40.03	16.58	10.16	25.36	27.81	23.20	15.64	11.70	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.08	2.53	1.96	2.00	1.94	1.57	1.41	1.36	1.14	—
	0.79	0.35	0.19	0.08	0.48	0.28	0.10	0.11	0.10	—
	0.34	0.47	0.52	0.57	0.55	0.54	0.44	0.41	0.41	—
	1.93	4.29	1.74	0.88	0.88	1.14	1.43	0.71	1.15	—
	1.02	0.49	4.33	4.37	2.24	11.11	-3.84	-1.34	1.35	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	1.02	0.49	4.33	4.37	2.24	11.11	-3.84	-1.34	1.35	—
	0.34	0.12	0.96	1.43	0.43	1.74	0.23	1.76	0.25	—
	0.68	0.37	3.37	2.94	1.81	9.37	-3.61	0.42	1.11	—
	0.44	0.24	2.18	1.90	1.17	10.70	-7.71	1.29	3.55	—
Key metrics
	2.15	1.31	5.04	5.02	3.27	11.93	-3.30	-0.82	1.86	—
	16.80%	2.80%	20.30%	30.60%	10.60%	28.30%	-14.60%	-5.00%	12.80%	—
	5.30%	0.80%	13.60%	17.90%	5.90%	22.20%	-15.90%	2.60%	7.70%	—
	—	0.90%	—	6.20%	—	18.30%	—	—	—	—
	-58.60%	12.80%	9.30%	1.00%	113.50%	—	—	—	—	—
	-62.40%	-96.10%	193.40%	600.00%	63.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	101.66	119.79	95.61	—
	2.57	3.06	2.30	—
	104.22	122.85	97.91	—
	94.03	111.42	90.63	—
	73.44	92.13	78.35	—
	0.00	0.00	0.00	—
	8.57	8.43	5.47	—
	1.41	0.94	0.59	—
	1.90	2.13	1.79	—
	8.84	7.80	4.43	—
	10.21	11.43	7.28	—
	0.00	0.00	0.00	—
	10.21	11.43	7.28	—
	2.85	2.94	0.00	—
	7.36	8.49	7.29	—
	4.76	5.49	7.85	—
Key metrics
	13.52	14.50	9.66	—
	13.30%	12.10%	10.10%	—
	7.24%	7.10%	7.60%	—
	—	13.50%	12.70%	—
	-9.29%	25.30%	—	—
	-7.88%	16.50%	—	—
	—	-16.44	-40.28	—
	—	-1.75	-3.68	—
	—	0.55	0.10	—
	—	32.53	5.56	—
	—	157.4	70.3	—
Balance sheet
	—	172.06	127.94	—
	—	118.10	89.67	—
	—	2.78	0.04	—
	—	93.57	66.54	—
	—	0.00	0.00	—
	—	—	19.91	—
	—	15.18	14.65	—
	—	41.92	48.13	—
	—	80.47	65.77	—
	—	35.31	5.60	—
	—	8.69	0.19	—
	—	26.62	5.41	—
	—	64.47	56.02	—
Cash flow
	—	-14.82	-26.80	—
	—	-15.26	-17.40	—
	—	29.64	44.82	—
	—	1.62	13.48	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -9.29%
Profit YoY (TTM): -7.88%

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: 33.29%

Quarter	September 2026	June 2026
Promoter %	33.29%	33.29%

Holder	Type	Holding	Previous	Change
INT INFRASTRUCTURE PRIVATE LIMITED	Promoter Group	11.06%	11.06%	0.00%
JETRA INFRASTRUCTURE PRIVATE LIMITED	Promoter Group	9.89%	9.89%	0.00%
VAISHALI S MULAY .	Promoter	6.81%	6.81%	0.00%
SHASHIKANT BHOGE	Promoter	2.77%	2.77%	0.00%
JASHANDEEP SINGH	Promoter	2.76%	2.76%	0.00%
ADITYA RASHMIKANT DHARIA	Public	2.56%	2.56%	0.00%
SACHIN AMRIT NAHAR	Public	2.30%	2.30%	0.00%
SURYA SATYANARAYANA RAJU ALLURI	Public	1.91%	1.66%	+0.25%
VISTAAR TRADING SERVICE PRIVATE LIMITED	Public	1.36%	1.43%	-0.07%
NEXPACT LIMITED	Public	1.28%	1.28%	0.00%
RADIANT GLOBAL FUND-CLASS B PARTICIPATING SHARES	Public	1.11%	1.11%	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
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%
MODERN ENGINEERING AND PROJECTS LIMITED S	33	21.54	4.53	13.50%	-9.29% TTM	-7.88% TTM	-42.41%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Compliance Certificate under Reg 74(5) for Quarter ended September 30,20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of letter of Award7 Oct 2026 · Company Update / Award of Order / Receipt of Order
appointment of cs & Compliance officer5 Oct 2026 · Company Update / Change in Management
Appointment of CS & Compliance Officer5 Oct 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
outcome of Bm_Appointment of CS Chaitali Shinde5 Oct 2026 · Others / Outcome without intimation
Resignation of CFO30 Sep 2026 · Company Update / Change in Management
Resignation of CFO30 Sep 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Srutinizer Report for AGM30 Sep 2026 · AGM/EGM / AGM
Proceeding of the AGM29 Sep 2026 · AGM/EGM / AGM
Closure of Trading window for September 30,2026 quarter25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication in connection with the dispatch of Notice of 80th Annual General Meeting of the Company7 Sep 2026 · Company Update / Newspaper Publication
The Company has sent Letter to the Shareholder for AGM whose Email Id is not registered with RTA5 Sep 2026 · Company Update / General
Notice of the AGM to held on September 29, 20265 Sep 2026 · AGM/EGM / AGM
Please find attached herewith the Annual Report for F.Y. 2025-265 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation for 80th Annual General Meeting Schedule to be held on Tuesday, september 29, 20265 Sep 2026 · AGM/EGM / AGM
Newspaper Publication of pre Ad for AGM27 Aug 2026 · Company Update / Newspaper Publication
FNewspaper publication of Un-audited Financial Results for the quarter ended June 30, 202615 Aug 2026 · Company Update / Newspaper Publication
Outcome of Meeting to consider unaudited Financial Result for June 202613 Aug 2026 · Board Meeting / Outcome of Board Meeting
Chane in mgmt10 Aug 2026 · Company Update / Change in Management
outcome10 Aug 2026 · AGM/EGM / Postal Ballot
Scrutinizer Report10 Aug 2026 · AGM/EGM / Postal Ballot
Modern Engineering And Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Pursuant to ....10 Aug 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5) for June 202615 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Resignation of Mrs. Anisha Suraj Rajbhar w.e.f closure of business hours of July 10,202610 Jul 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Newspaper Publication for Postal Ballot Notice10 Jul 2026 · Company Update / Newspaper Publication
Postal ballot notice to regularasation Appointment of independent Director9 Jul 2026 · AGM/EGM / Postal Ballot
Resignation of Mrs. Francisca Rosario and Appointment of Mr. Navraj Bhatt as a CFO30 Jun 2026 · Company Update / Change in Management
Resignation of CFO as per Regulation 30 of SEBI (LODR)30 Jun 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Appointment and Resignation of Chief ....30 Jun 2026 · Others / Outcome without intimation
Intimation of update in change in reg office address25 Jun 2026 · Company Update / Change in Registered Office Address
Closure of trading window for quarter ending June 30,202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached Annual Compliance Report for FY 2025-2629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please see attached newspaper publication28 May 2026 · Company Update / Newspaper Publication
Please see attached Disclosure26 May 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Financial Results for quarter and year ended 31st March, 202626 May 2026 · Result / Financial Results
Please find the attached outcome of Board Meeting26 May 2026 · Board Meeting / Outcome of Board Meeting
Please see attached Disclosure26 May 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Modern Engineering And Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve Audited Financial ....21 May 2026 · Board Meeting / Board Meeting
Appointment of Additional Independent Director12 May 2026 · Company Update / Change in Management
Appointment of Additional Independent Director12 May 2026 · Others / Outcome without intimation

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	26 Aug 2024	26 Aug 2024	—

Board meetings

13 Aug 2026 Board Meeting - Financial Results