Marg Techno Projects Ltd (540254)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Marg Techno's net interest income was ₹1.8 Cr (+190.6% year on year, -7.6% on the previous quarter), and net profit ₹1.0 Cr.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Net interest income | ₹1.8 | +190.6% | -7.6% |
| Operating profit | ₹1.3 | — | — |
| Net profit | ₹1.0 | — | +70.3% |
| EPS (₹) | 0.72 | — | +800.0% |
📢 Recent Corporate Announcements
Marg Techno Projects Ltd has scheduled a Board of Directors meeting on September 3, 2026. The board will consider a proposal for voluntary delisting from the Metropolitan Stock Exchange of India Limited (MSE) without an exit opportunity, while retaining its BSE listing. Key agenda items also include approving the Directors' Report for FY26, scheduling the 33rd Annual General Meeting (AGM), and appointing Mr. Harsh Chauhan as an Independent Director for 5 years alongside two director re-appointments.
- Board of Directors meeting scheduled for September 3, 2026.
- Proposal to voluntarily delist equity shares from Metropolitan Stock Exchange of India Limited (MSE).
- Proposed appointment of Mr. Harsh Chauhan as Non-Executive Independent Director for a 5-year term.
- Fixing dates, book closure, and e-voting details for the 33rd Annual General Meeting.
Marg Techno Projects Ltd reported a sharp turnaround in Q1 FY27, with net profit surging to ₹1.02 Cr from ₹0.08 Cr in the year-ago period. Total revenue from operations grew 96% YoY to ₹2.52 Cr, primarily driven by a doubling of interest income to ₹2.50 Cr. Despite the growth, the company maintains a high debt level with total financial indebtedness at ₹30.62 Cr, which is approximately 87.5% of its net worth. The quarterly EPS of ₹0.72 is a significant improvement over the ₹0.13 reported for the entire previous trailing twelve months.
- Net Profit surged 1175% YoY to ₹1.02 Cr in Q1 FY27 compared to ₹0.08 Cr in Q1 FY26
- Total Revenue from operations increased 96% YoY to ₹2.52 Cr from ₹1.29 Cr
- Interest income, the core revenue driver, rose to ₹2.50 Cr from ₹1.26 Cr YoY
- Total financial indebtedness stands at ₹30.62 Cr as of June 30, 2026
- Earnings Per Share (EPS) improved to ₹0.72 from ₹0.08 in the corresponding quarter last year
Marg Techno Projects reported a significant turnaround in Q1 FY27, with net profit surging to ₹1.02 Cr compared to just ₹0.08 Cr in the same quarter last year. Revenue from operations nearly doubled YoY to ₹2.52 Cr, primarily driven by interest income of ₹2.50 Cr. This single quarter's profit is approximately equal to the company's entire TTM PAT of ₹1 Cr, indicating a sharp improvement in operational performance. Total financial indebtedness was reported at ₹30.62 Cr with zero defaults on bank loans.
- Net profit increased by over 1,100% YoY to ₹1.02 Cr in Q1 FY27.
- Revenue from operations grew 96% YoY to ₹2.52 Cr from ₹1.29 Cr.
- Total financial indebtedness stands at ₹30.62 Cr as of June 30, 2026.
- Interest income accounts for 99% of total revenue at ₹2.50 Cr.
- Earnings Per Share (EPS) improved to ₹0.72 from ₹0.08 in the year-ago period.
Marg Techno Projects Ltd has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company, a small-cap NBFC with a market capitalization of Rs 140 crore, reported a TTM revenue of Rs 7 crore and a PAT of Rs 1 crore. The trading window for insiders has been closed since July 1, 2026, and will reopen 48 hours after the results are declared. This is a routine regulatory filing in compliance with SEBI LODR regulations.
- Board meeting scheduled for August 12, 2026, at 4:30 PM at the Surat registered office.
- Agenda includes approval of unaudited financial results for the quarter ended June 30, 2026.
- Trading window closed from July 1, 2026, until 48 hours after the results are made public.
- Company reported FY26 revenue of Rs 6.93 crore, a growth from Rs 5.41 crore in FY25.
Marg Techno Projects has completed a massive Rights Issue, expanding its equity base from 1.42 crore to 7.81 crore shares. Promoters acquired 1.60 crore shares at Rs 10 each, but their total stake diluted from 48.35% to 29.28% due to the scale of the issue. The company raised approximately Rs 63.9 crore, which is over 9x its TTM revenue of Rs 7 crore. This capital infusion significantly strengthens the balance sheet of the NBFC but results in substantial equity dilution.
- Total paid-up equity shares increased from 1,42,00,000 to 7,81,00,000 following the Rights Issue
- Promoters (Akhil, Arun, and Madhavan Nair) were allotted 1,60,00,000 shares on July 31, 2026
- Promoter group percentage holding diluted from 48.35% to 29.28% post-allotment
- Rights Issue price was set at Rs 10.00 per share, raising approximately Rs 63.9 crore in total capital
- The change in percentage is purely due to dilution and not due to any sale of shares by promoters
Marg Techno Projects has finalized the allotment of 6.39 crore equity shares through a rights issue, raising a total of ₹63.90 crore. This capital infusion is massive for the company, representing approximately 913% of its TTM revenue of ₹7 crore and nearly 182% of its existing net worth of ₹35 crore. The company issued a clarification to correct a typographical error, confirming the issue price was ₹10 per share (at par) rather than the previously stated ₹2.07. Post-allotment, the company's paid-up equity capital has expanded significantly from ₹14.2 crore to ₹78.1 crore.
- Allotment of 6,39,00,000 equity shares of face value ₹10 each completed on July 29, 2026
- Total fundraise amount of ₹63.90 crore (₹6,390 lakhs) via rights basis
- Paid-up equity share capital increased by 450% from ₹14.20 crore to ₹78.10 crore
- Issue price corrected from an erroneous ₹2.07 to the actual ₹10.00 per share
- Total number of equity shares outstanding increased from 1.42 crore to 7.81 crore
Marg Techno Projects has completed the allotment of 6.39 crore equity shares through a rights issue, raising Rs 63.90 crore. This capital infusion is massive relative to the company's current scale, representing approximately 182% of its existing net worth (Rs 35 Cr) and 42% of its market capitalization (Rs 152 Cr). The paid-up equity capital has surged from Rs 14.20 crore to Rs 78.10 crore, indicating a 450% increase in the total number of shares. While this provides significant growth capital for the NBFC, it results in substantial equity dilution for existing shareholders.
- Allotment of 6,39,00,000 equity shares of face value Rs 10 each on a rights basis
- Total rights issue size confirmed at Rs 63.90 crore (6390.00 Lakhs)
- Paid-up equity share capital increased from Rs 14.20 crore to Rs 78.10 crore
- The fundraise amount of Rs 63.90 crore is over 9x the company's TTM revenue of Rs 7 crore
- Allotment finalized on July 29, 2026, following the Letter of Offer dated June 16, 2026
Marg Techno Projects has approved the allotment of 6.39 crore equity shares following its Rights Issue. The shares were issued at Rs 2.07 each, which is a significant discount to the current market price of Rs 19.9. This move increases the company's paid-up capital from Rs 14.20 crore to Rs 78.10 crore, representing a massive 450% expansion in the total share count. While the capital infusion of approximately Rs 13.23 crore provides growth funds for the NBFC, it will lead to extreme EPS dilution for existing shareholders.
- Allotment of 6,39,00,000 equity shares of face value Rs 10.00 each.
- Issue price fixed at Rs 2.07 per share, representing a ~89% discount to the current market price.
- Paid-up equity capital increased from Rs 14.20 Cr to Rs 78.10 Cr.
- Total share count increased from 1.42 Cr to 7.81 Cr (4.5x increase).
- Estimated cash raised is Rs 13.23 Cr, which is ~189% of TTM revenue (Rs 7 Cr).
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