MEP Infrastructure Developers LimitedMEPCorporate

Construction Latest results: Mar 2024 13 quarters of data

₹0.68

MCap ₹12 Cr

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🏭 Infrastructure sector

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹20 Cr

Sales · Mar 2024

+0.0% YoY

₹-600 Cr

Operating Profit · Mar 2024

-900.0% YoY

-3000.0%

OPM % · Mar 2024

-900.0% YoY

₹-605 Cr

Net Profit · Mar 2024

-764.3% YoY

₹-32.97

EPS · Mar 2024

-767.6% YoY

📝 MEP Infrastructure Developers Limited — results explained

Quarter ended March 2024 (Q4 FY24)

MEP Infrastructure Developers Limited reported revenue of ₹20 crore for the quarter ended March 2024 (Q4 FY24), flat from ₹20 crore in the same quarter last year, and up 81.8% sequentially over the December 2023 quarter.

The company reported a net loss of ₹605 crore, against a net loss of ₹70 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-32.97.

Operating profit stood at ₹-600 crore — an operating margin (OPM) of -3000.0%, compared with -300.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, MEP Infrastructure Developers Limited posted revenue of ₹50 crore, a decline of 16.7% over FY23, with a net loss of ₹758 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹50 crore with a net loss of ₹758 crore.

Valuation snapshot

At the current price of ₹0.68, MEP has a market capitalisation of ₹12 crore.

Within the Construction industry, it is the 25th-largest of the 137 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 23.36%, foreign institutional investors (FIIs) 0.12%, domestic institutional investors (DIIs) 4.41%, public shareholders 72.11% of MEP Infrastructure Developers Limited.

Promoter holding slipped from 25.68% to 23.36% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹12 Cr

Current Price ?

₹0.7

P/E ?

N/A

Industry P/E ?

16.40

P/B ?

-0.03

P/S ?

0.25

P/FCF ?

0.83

Enterprise Value ?

₹229 Cr

EV/EBITDA ?

-0.34

PEG ?

N/A

Earnings Yield ?

-292.0%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹50 Cr

OPM ?

-1,332.0%

Profit after tax (TTM) ?

₹-758 Cr

EPS (TTM) ?

₹-41.32

ROCE ?

-401.0%

ROE ?

165.5%

ROA ?

-84.3%

Growth

Sales — latest qtr ?

₹20 Cr

PAT — latest qtr ?

₹-605 Cr

YoY qtr sales growth ?

0.0%

YoY qtr profit growth ?

-764.3%

Sales growth (3y) ?

-48%

Sales growth (5y) ?

-51%

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹217 Cr

Debt to Equity ?

-0.47

Interest Coverage ?

-16.8

Current Ratio ?

N/A

Ownership

Promoter holding ?

23.36%

Change in promoter holding ?

-3.40%

Pledged percentage ?

N/A

Market

Return 3 months ?

15.3%

Return 6 months ?

-25.3%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	YoY %	QoQ %
Sales	123	80	35	46	33	16	8	16	20	16	3	11	20	+0.0%	+81.8%
Operating Profit	-17	15	2	21	-29	-28	-9	3	-60	-15	-27	-24	-600	-900.0%	-2400.0%
Other Income	-91	13	8	5	47	1	3	5	4	3	1	-59	6	+50.0%	+110.2%
Interest	14	12	10	8	12	11	9	9	13	9	13	9	9	-30.8%	+0.0%
Depreciation	11	25	20	20	18	3	2	2	1	1	1	1	1	+0.0%	+0.0%
Profit Before Tax	-132	-9	-20	-2	-13	-42	-17	-3	-70	-22	-39	-92	-604	-762.9%	-556.5%
Net Profit	-131	-11	-19	-2	-14	-42	-17	-3	-70	-20	-40	-93	-605	-764.3%	-550.5%
EPS	-7.15	-0.58	-1.05	-0.09	-0.75	-2.28	-0.91	-0.17	-3.80	-1.09	-2.15	-5.06	-32.97	-767.6%	-551.6%
OPM %	-13.8%	18.8%	5.7%	45.7%	-87.9%	-175.0%	-112.5%	18.8%	-300.0%	-93.8%	-900.0%	-218.2%	-3000.0%	-900.0%	-1274.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY23	FY24	TTM	YoY %
Sales	₹60 Cr	₹50 Cr	₹50 Cr	-16.7%
Operating Profit	₹-94 Cr	₹-666 Cr	₹-666 Cr	-608.5%
OPM %	-156.67%	-1,332.00%	-1,332.00%	-750.2%
NPM %	-220.00%	-1,516.00%	-1,516.00%	-589.1%
Other Income	₹13 Cr	₹-49 Cr	₹-49 Cr	-476.9%
Depreciation	₹8 Cr	₹4 Cr	₹4 Cr	-50.0%
Interest	₹42 Cr	₹40 Cr	₹40 Cr	-4.8%
EBIT	₹-102 Cr	₹-670 Cr	₹-670 Cr	-556.9%
PBT	₹-132 Cr	₹-757 Cr	₹-757 Cr	-473.5%
Tax	—	—	—	—
Net Profit	₹-132 Cr	₹-758 Cr	₹-758 Cr	-474.2%
EPS	₹-7.16	₹-41.27	₹-41.27	-476.4%
Material Cost	—	—	—	—
Employee Cost	—	—	—	—
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2021	Mar 2022	Mar 2023	Mar 2024	% Chg
Equity Capital	183	183	183	186	+1.6%
Reserves	265	220	113	-644	-669.9%
Borrowings	341	288	272	217	-20.2%
Other Liabilities	1,907	1,074	1,067	1,139	+6.7%
Total Liabilities	2,696	1,766	1,635	899	-45.0%
Fixed Assets	88	36	18	8	-55.6%
CWIP	0	0	0	0	—
Investments	853	841	424	168	-60.4%
Other Assets	1,755	890	1,194	723	-39.4%
Total Assets	2,696	1,766	1,635	899	-45.0%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	% Chg
Cash from Operating Activity	189	103	-152	6	+103.9%
Cash from Investing Activity	-107	45	248	12	-95.2%
Cash from Financing Activity	-83	-152	-97	-16	+83.5%
Net Cash Flow	-1	-5	-1	1	+200.0%
Free Cash Flow	163	95	-126	15	+111.9%
CFO/OP	-225%	-191%	-1,653%	-7%	+99.6%

➗ Ratios (latest 4 periods)

Metric	Mar 2021	Mar 2022	Mar 2023	Mar 2024	% Chg
Debtor Days	66	7	107	28	-73.8%
Cash Conversion Cycle	66	7	107	28	-73.8%
Working Capital Days	-596	-965	-3,193	-4,973	-55.7%
ROCE %	-7%	-8%	-14%	-401%	-2764.3%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	% Chg
Promoters	26.76%	25.87%	25.95%	25.68%	23.36%	-9.0%
FIIs	0.12%	0.12%	0.12%	0.12%	0.12%	+0.0%
DIIs	5.30%	5.30%	4.41%	4.41%	4.41%	+0.0%
Public	67.82%	68.72%	69.51%	69.81%	72.11%	+3.3%
No. of Shareholders	34,249	33,930	33,541	33,432	33,564	+0.4%

⚖️ Peer comparison

Industry: Construction · top 25 of 137 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	EMBASSY Embassy Office	₹369.92	35,064	92.7	4,763	378	76.6%	7.9%	13.4%	-79.2%	17.1%	25.9%
2	MINDSPACE MINDSPACE.NS 0P0001KHWX	₹345.06	22,843	28.7	3,241	800	80.1%	24.7%	16.4%	35.2%	27.9%	62.8%
3	NXST NXST.NS 0P0001QYGB	₹148.24	22,458	55.7	2,568	404	67.3%	15.7%	12.4%	-16.5%	12.3%	-89.5%
4	BIRET BIRET.NS 0P0001LR17	₹263.49	21,867	42.0	3,295	626	71.8%	19.0%	24.2%	217.9%	51.7%	67.7%
5	WELENT Welspun Enterprises	₹789.00	10,700	35.5	3,544	348	20.2%	9.8%	0.9%	11.1%	-8.4%	-44.2%
6	MAXESTATES Max Estates	₹611.30	10,000	n/m	200	12	9.0%	6.1%	-97.5%	-98.9%	0.8%	-30.0%
7	AFCONS Afcons Infrastructure	₹253.60	9,327	65.0	11,249	143	9.2%	1.3%	-4.8%	-48.6%	-20.8%	-77.9%
8	IRBINVIT IRB InvIT	₹66.38	8,507	25.1	1,546	340	80.0%	22.0%	13.4%	-23.1%	87.2%	3.2%
9	GRINFRA G R	₹850.40	8,229	8.1	9,194	1,017	18.4%	11.1%	15.7%	-1.6%	40.0%	46.6%
10	NCC NCC	₹130.76	8,210	12.7	20,639	682	8.8%	3.3%	-9.9%	-24.3%	12.2%	11.9%
11	RAYMOND Raymond	₹1,219.50	8,116	187.4	2,293	64	11.1%	2.8%	-62.5%	-30.2%	446.4%	-99.4%
12	MAHLIFE Mahindra Lifespace	₹360.05	7,690	31.5	1,179	80	-10.3%	6.8%	216.9%	535.9%	7344.4%	5.7%
13	NESCO Nesco	₹1,056.00	7,441	17.9	951	417	50.7%	43.8%	27.4%	9.9%	9.7%	4.0%
14	CEIGALL Ceigall India	₹386.80	6,738	20.9	4,155	321	14.9%	7.7%	17.0%	7.7%	15.7%	24.2%
15	DBL Dilip Buildcon	₹406.20	6,599	5.0	8,742	1,255	19.2%	14.4%	-20.4%	66.5%	-9.2%	-52.8%
16	KPIGREEN KPI Green	₹314.95	6,226	13.6	2,787	492	35.8%	17.7%	55.3%	56.5%	13.0%	-15.0%
17	HCC Hindustan Construction	₹21.66	5,674	23.3	3,871	244	12.7%	6.3%	-29.2%	-7.2%	-9.0%	0.7%
18	DBREALTY Valor Estate	₹95.20	5,164	n/m	864	12	9.0%	1.4%	61.7%	122.7%	-86.8%	-109.7%
19	MANINFRA Man Infraconstruction	₹124.44	4,951	21.1	666	216	24.1%	32.4%	-43.1%	-32.5%	19.3%	8.2%
20	PURVA Puravankara	₹202.61	4,805	27.9	4,064	150	20.0%	3.7%	85.7%	130.6%	62.0%	136.6%
21	RUSTOMJEE Keystone Realtors	₹356.90	4,508	33.8	2,832	131	6.7%	4.6%	31.5%	-49.4%	72.2%	220.7%
22	AHLUCONT Ahluwalia Contracts	₹601.50	4,029	17.9	4,686	225	8.5%	4.8%	11.4%	32.3%	12.0%	-79.7%
23	SUNTECK Sunteck Realty	₹269.60	3,959	18.6	1,127	211	28.7%	18.7%	31.7%	34.4%	1.7%	25.5%
24	KOLTEPATIL Kolte -	₹428.30	3,798	30.5	1,573	125	9.8%	8.0%	-53.4%	-147.2%	1017.0%	970.9%
25	MEP MEP Infrastructure	₹0.64	12	—	49	-273	-412.2%	-557.1%	-84.4%	6.2%	850.0%	-123.1%

❓ Frequently asked questions

What was MEP Infrastructure Developers Limited's revenue in Q4 FY24?

What was MEP Infrastructure Developers Limited's net profit in Q4 FY24?