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Maruti Infrastructure Ltd (531540)

📊 BSE: 531540 🏢 Civil Construction 📢 Latest filing: 29 Aug 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Maruti Infrastructure's revenue was ₹5.9 Cr (-65.7% year on year, -58.9% on the previous quarter), and net profit ₹0.2 Cr (-35.3% year on year); the operating margin was 6.7%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹5.9	-65.7%	-58.9%
Operating profit	₹0.4	-27.0%	-77.3%
Net profit	₹0.2	-35.3%	-56.9%
EPS (₹)	0.02	-33.3%	-50.0%
Operating margin	6.7%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Maruti Infrastructure Approves Director Redesignation and Independent Director Appointment

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 29 Aug 2026, 05:21 PM

Shareholders of Maruti Infrastructure Ltd approved board changes at the 32nd Annual General Meeting held on August 29, 2026. Mr. Chetan A. Patel has been redesignated from Whole Time Director to Non-Executive Non-Independent Director effective September 1, 2026. Additionally, shareholders approved the appointment of Mr. Paritosh Jitendra Patel as an Independent Director for a 5-year term running from May 30, 2026 to May 29, 2031. The micro-cap civil construction company currently operates with a TTM revenue of ₹37 Cr.

AGM approved redesignation of Mr. Chetan A. Patel to Non-Executive Director effective September 1, 2026
Appointment of Mr. Paritosh Jitendra Patel as Independent Director for a 5-year term
Independent Director term covers May 30, 2026 through May 29, 2031
Resolutions passed at the company's 32nd Annual General Meeting on August 29, 2026

💡 Track upcoming quarterly operational results and order inflows to evaluate business execution under the updated board oversight.

Maruti Infrastructure to hold 32nd AGM on Aug 29; Board redesignation proposed

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 06:19 PM

Maruti Infrastructure Limited has scheduled its 32nd Annual General Meeting (AGM) for August 29, 2026. Key agenda items include the adoption of FY26 audited financials and the redesignation of Mr. Chetan A. Patel from Whole Time Director to Non-Executive Director effective September 1, 2026. The company also proposes the appointment of Mr. Paritosh Jitendra Patel as an Independent Director for a five-year term. With a small market cap of Rs 97 Cr and TTM PAT of just Rs 1 Cr, these governance updates are standard procedural requirements.

32nd Annual General Meeting scheduled for August 29, 2026, via Video Conferencing.
Cut-off date for e-voting eligibility set for August 22, 2026.
Proposed redesignation of Mr. Chetan A. Patel to Non-Executive Non-Independent Director effective September 1, 2026.
Appointment of Mr. Paritosh Jitendra Patel as Independent Director for a 5-year term until May 29, 2031.
FY26 annual revenue reported at Rs 56.49 Cr with an operating profit margin of 5.81%.

💡 Investors should review the full Annual Report for FY26 for management's commentary on the construction sector outlook and monitor the voting results post-AGM to confirm board appointments.

Maruti Infrastructure to hold 32nd AGM on Aug 29, 2026; Board changes proposed

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 05 Aug 2026, 06:12 PM

Maruti Infrastructure has scheduled its 32nd Annual General Meeting (AGM) for August 29, 2026, to adopt the FY26 audited financial statements. Key agenda items include the redesignation of Mr. Chetan A. Patel from Whole Time Director to a Non-Executive role effective September 1, 2026. Shareholders will also vote on the appointment of Mr. Paritosh Jitendra Patel as an Independent Director for a five-year term. The company reported a TTM revenue of ₹56 Cr and a modest PAT of ₹1 Cr, reflecting thin margins in the civil construction sector.

32nd Annual General Meeting scheduled for August 29, 2026, via video conferencing.
Redesignation of Mr. Chetan A. Patel to Non-Executive Non-Independent Director effective September 1, 2026.
Proposed appointment of Mr. Paritosh Jitendra Patel as Independent Director for a 5-year term ending May 29, 2031.
Adoption of FY26 financial results showing annual revenue of ₹56.49 Cr and PAT of ₹1.19 Cr.
Re-appointment of Chairman & MD Mr. Nimesh D. Patel, who retires by rotation.

💡 Investors should review the annual report for details on the current order book and execution timelines, as the company operates on low operating margins (5.8%).

Maruti Infra FY26 Annual Report: Rs 11.61 Cr Outstanding Promoter Loan; AGM on Aug 29

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 05 Aug 2026, 06:07 PM

Maruti Infrastructure has released its FY26 Annual Report, scheduling the 32nd AGM for August 29, 2026. The company reported FY26 revenue of Rs 56.49 Cr, a 11.3% increase YoY, but net profit fell to Rs 1.19 Cr from Rs 1.93 Cr in FY25. A key observation is the significant reliance on promoter funding, with outstanding loans from the Chairman totaling Rs 11.61 Cr, representing approximately 40% of the company's net worth. Management changes include the redesignation of Mr. Chetan A. Patel from Whole Time Director to a Non-Executive role.

FY26 Revenue increased to Rs 56.49 Cr from Rs 50.73 Cr in FY25
Net Profit for FY26 declined to Rs 1.19 Cr compared to Rs 1.93 Cr in the previous year
Outstanding loans from Chairman Nimesh D. Patel stood at Rs 11.61 Cr as of March 31, 2026
Interest expense paid to the Chairman for these loans amounted to Rs 83.00 Lacs in FY26
AGM scheduled for August 29, 2026, to approve financials and director appointments

💡 Investors should monitor the AGM for commentary on the company's strategy to improve margins and reduce its high dependency on promoter loans for working capital.

Maruti Infrastructure Schedules 32nd AGM for Aug 29, 2026; Proposes Board Redesignation

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Aug 2026, 06:04 PM

Maruti Infrastructure has issued the notice for its 32nd Annual General Meeting (AGM) to be held on August 29, 2026. The agenda includes the adoption of FY26 audited financial statements, where the company reported a revenue of ₹56.49 cr and a net profit of ₹1.19 cr. Key management proposals include the redesignation of Mr. Chetan A. Patel from Whole Time Director to a Non-Executive role and the appointment of a new Independent Director for a five-year term. With a thin operating margin of 5.81% and a high P/E of 80.8, the meeting serves as a formal platform for shareholders to review the company's modest growth trajectory.

32nd Annual General Meeting scheduled for August 29, 2026, via video conferencing
Proposed redesignation of Mr. Chetan A. Patel to Non-Executive Director effective September 1, 2026
Appointment of Mr. Paritosh Jitendra Patel as Independent Director for a 5-year term until May 2031
FY26 annual revenue confirmed at ₹56.49 cr with an operating profit margin of 5.81%
Promoter holding remains stable at 52.31% as per latest June 2026 filings

💡 Investors should monitor the AGM for management commentary regarding the execution of current civil construction projects and strategies to improve the low net profit margin of 2.1%.

Maruti Infra Q1 Revenue drops 65% to ₹5.87 Cr; Director redesignated

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 28 Jul 2026, 05:53 PM

Maruti Infrastructure reported a weak Q1 FY27 with revenue from operations falling 65.6% YoY to ₹5.87 Cr from ₹17.10 Cr in the previous year's quarter. Net profit also declined by 35.7% to ₹0.18 Cr, down from ₹0.28 Cr in June 2025. The company's EPS for the quarter stood at ₹0.02. Alongside results, the board approved the redesignation of Mr. Chetan A Patel from Whole Time Director to a Non-Executive role effective September 1, 2026.

Revenue from operations fell sharply by 65.6% YoY to ₹5.87 Cr in Q1 FY27.
Net profit for the quarter ended June 30, 2026, decreased to ₹0.18 Cr from ₹0.28 Cr YoY.
Total expenses for the quarter were ₹5.69 Cr, with material costs accounting for ₹5.10 Cr.
Mr. Chetan A Patel (23+ years experience) transitions to Non-Executive Director on Sept 1, 2026.
Earnings per share (EPS) declined to ₹0.02 from ₹0.03 in the corresponding quarter last year.

💡 Investors should monitor the company's order book status to understand if the revenue drop is due to project completion cycles or a lack of new contract wins. The high P/E of 81.7 remains a concern given the shrinking top line.

Maruti Infrastructure Q1 Revenue Drops 65% YoY to ₹5.87 Cr; Management Re-designation Announced

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 28 Jul 2026, 05:42 PM

Maruti Infrastructure reported a significant decline in its Q1 FY27 performance, with revenue from operations falling 65.6% YoY to ₹5.87 Cr from ₹17.10 Cr. Net profit for the quarter also decreased to ₹0.18 Cr, down from ₹0.28 Cr in the corresponding quarter of the previous year. The company also announced that Mr. Chetan A Patel, a director with over 23 years of experience, will transition from Whole Time Director to a Non-Executive role effective September 1, 2026. Given the TTM revenue of ₹56 Cr, this quarter's revenue represents only about 10.5% of the annual run rate, indicating a sharp slowdown in execution.

Revenue from operations declined 65.6% YoY to ₹5.87 Cr in Q1 FY27.
Net profit for the quarter ended June 30, 2026, stood at ₹18.12 Lakhs vs ₹27.87 Lakhs YoY.
Total expenditure reduced significantly to ₹5.69 Cr from ₹16.79 Cr YoY, tracking the lower scale of operations.
Mr. Chetan A Patel to be re-designated as Non-Executive Non-Independent Director from September 1, 2026.
Earnings Per Share (EPS) for the quarter dropped to ₹0.02 from ₹0.03 YoY.

💡 Investors should monitor the company's upcoming order book announcements to see if the revenue drop is a temporary execution delay or a structural lack of new projects. The high P/E ratio of 81.7 relative to the current earnings decline warrants caution.

65% YoY Revenue Drop in Q1 FY27; Net Profit Declines to ₹0.18 Cr

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 28 Jul 2026, 05:40 PM

Maruti Infrastructure reported a weak set of numbers for Q1 FY27, with revenue from operations plunging 65.7% YoY to ₹5.87 Cr from ₹17.10 Cr. Net profit followed suit, declining 35.7% YoY to ₹0.18 Cr compared to ₹0.28 Cr in the same period last year. On a sequential basis, revenue fell 58.9% from the March 2026 quarter (₹14.30 Cr), indicating a significant slowdown in execution. The company also announced the re-designation of Director Mr. Chetan A Patel to a Non-Executive role effective September 2026.

Revenue from operations fell sharply to ₹5.87 Cr, a 65.7% decline from ₹17.10 Cr in June 2025.
Net profit for the quarter stood at ₹0.18 Cr, down from ₹0.28 Cr in the year-ago period.
Total expenses decreased to ₹5.69 Cr from ₹16.79 Cr YoY, largely driven by lower material consumption of ₹5.10 Cr.
Earnings Per Share (EPS) for the quarter dropped to ₹0.02 from ₹0.03 in the previous year's corresponding quarter.
Mr. Chetan A Patel, with 23 years of experience, will transition from Whole Time Director to Non-Executive Director on September 1, 2026.

💡 Investors should monitor the company's upcoming disclosures for reasons behind the sharp revenue contraction and check for any delays in project execution or order book depletion.

Maruti Infrastructure Q1 Revenue Drops 65.7% YoY to ₹5.87 Cr; PAT Declines to ₹0.18 Cr

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 28 Jul 2026, 05:37 PM

Maruti Infrastructure reported a weak set of numbers for Q1 FY27 (ended June 30, 2026), with revenue from operations plunging 65.7% YoY to ₹5.87 crore from ₹17.10 crore. Net profit followed suit, declining 35.7% YoY to ₹0.18 crore compared to ₹0.28 crore in the same period last year. The company also announced a management transition, re-designating Mr. Chetan A Patel from Whole Time Director to a Non-Executive role effective September 2026. The sharp contraction in the top line suggests a significant slowdown in project execution or a lack of new billable milestones during the quarter.

Revenue from operations fell sharply to ₹5.87 crore, a 65.7% decline from ₹17.10 crore in Q1 FY26.
Net profit for the quarter stood at ₹0.18 crore, down from ₹0.28 crore YoY.
Total expenses were curtailed to ₹5.69 crore from ₹16.79 crore, primarily due to lower material consumption costs.
Earnings Per Share (EPS) decreased to ₹0.02 from ₹0.03 in the year-ago quarter.
Finance costs remained relatively high at ₹0.77 crore despite the revenue drop, impacting net margins.

💡 Investors should monitor the company's order book status to determine if this revenue drop is a temporary execution delay or a structural lack of new contracts. The upcoming general meeting for the re-designation of the director is also a key administrative event to watch.

Maruti Infrastructure Board Meeting on July 28, 2026, to Approve Q1 Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 21 Jul 2026, 01:08 PM

Maruti Infrastructure Ltd has scheduled a board meeting for July 28, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company, which operates in the civil construction sector, reported a TTM revenue of Rs 56 Cr and a thin net profit of Rs 1 Cr. Investors will be watching for performance consistency, as the June 2025 quarter previously saw the company's highest revenue in the last four quarters at Rs 17.1 Cr. The trading window for insiders has been closed since July 1, 2026.