Maruti Infrastructure Limited

Maruti Infrastructure Limited

BBSE:MAINFRA
10.58
INR
+0.43
(+4.24%)
0.12EPS
98.72P/E
1.13BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.12
2.34
1.84
1.44
2.36
3.12
3.38
3.47
2.72
3.75
4.1
5.41
6.03
5.02
Basic EPS, GAAP
0.06
0.11
0.05
0.03
0.06
0.03
0.07
0.08
0.06
0.11
0.18
0.21
0.13
0.12
Free Cash Flow per Basic Share
-0.11
-0.37
-0.54
-0.08
0.33
0.18
0.53
-0.12
-0.1
-0.17
0.17
0.32
0.33
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.08
2.08
2.12
2.14
2.2
2.23
2.3
2.38
2.43
2.55
2.78
2.95
3.08
- -
Tangible Book Value per Share
2.08
2.08
2.12
2.14
2.2
2.23
2.3
2.38
2.43
2.55
2.78
2.95
3.08
- -
Basic Weighted Avg Shares
75
94
94
94
94
94
94
94
94
94
94
94
94
90
Sales/Revenue/Turnover
84
219
172
135
221
293
317
326
255
352
384
507
565
453
Operating Margin (%)
8.9
7.1
5.71
3.7
5.59
1.33
2.97
3.93
5.88
6.43
8.7
6.53
5.51
6.56
Depreciation Expense
1
2
2
1
1
1
1
1
2
2
2
2
2
2
Net Income, GAAP
5
11
5
2
6
3
6
7
5
10
17
19
12
11
Effective Tax Rate (%)
31.79
32.8
31.66
38.83
29.27
26.61
30.55
29.36
38.73
27.64
34.75
8.8
28.55
31.65
Profit Margin (%)
5.69
4.87
2.76
1.82
2.57
0.95
2.02
2.18
2.02
2.88
4.4
3.8
2.11
2.42
Working Capital
175
169
257
255
241
176
146
185
220
243
229
287
284
- -
LT Debt
- -
- -
67
79
44
34
2
18
21
53
44
28
15
- -
Total Equity
156
195
198
201
207
209
216
223
228
238
258
277
289
- -
Return on Invested Capital (%)
3.3
5.64
2.77
1.1
2.87
1.02
2.32
3.07
3.04
4.49
5.28
7.15
4.76
- -
Return on Capital (%)
3.44
6.15
2.9
1.33
3.42
2.02
3.22
3.94
3.12
4.8
6.13
6.89
4.81
- -
Return on Common Equity (%)
3.21
6.08
2.42
1.23
2.79
1.34
3.01
3.24
2.29
4.34
6.76
7.17
4.22
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
180
- -
LT Borrowings
- -
15
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
94
94
94
Market Capitalization
1,236
1,168
1,125

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
663
- -
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
270
- -
Inventories
- -
341
- -
Total Current Liabilities
- -
378
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
180
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.85%
5.34%
4.31%
Free Cash Flow
-61.44%
-10.85%
2.77%
Net Income, GAAP
28.42%
22.39%
-38.12%
Sales/Revenue/Turnover
15.44%
13.78%
11.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
54
89
139
225
507
2026
171
127
123
143
565
2027
59
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.06
-0.1
0.05
0.19
0.21
2026
0.03
0.03
0.03
0.04
0.13
2027
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Nimesh Dashrathbhai Patel
Full Time Employees
16
Sector
Industrial services
Industry
Engineering & construction
Address
802, Surmount Building Ahmedabad GU India 380015
IPO Date
Jan 24, 1996
Business
Maruti Infrastructure Limited engages in real estate development and construction activities in India. The company offers a diverse range of products and services including development and construction of residential, commercial, industrial, and urban infrastructure projects; property management services for residential, commercial, industrial, and EWS (Economically Weaker Sections) housing projects; and infrastructure engineering services. It also manufactures structural metal fabrication components such as girders, lattice steel, and non-structural metal fabrications for walls and facades, serving building construction and infrastructure needs. Maruti Infrastructure operates primarily in India, with its headquarters located in Ahmedabad. The company was incorporated in 1994. Recent major developments include strategic related party transactions with its subsidiary Karnish Infrastructure Private Limited during the financial year 2024-25, conducted on an arm’s length basis in the ordinary course of business. Additionally, Maruti Infrastructure has attracted an expression of interest from Meinhardt Group, Asia’s largest privately owned global planning, design, and engineering firm, indicating potential strategic collaborations or expansions. The company has also witnessed re-appointments of its Managing Director and independent directors, and changes in management and secretarial auditors within the last year, reflecting operational adjustments aimed at governance strengthening. Maruti Infrastructure targets a broad customer base including residential, commercial, industrial clients, and urban infrastructure projects. The company has expanded its operational scope through subsidiaries and related entity transactions and continues to focus on infrastructure and real estate sectors in India, providing end-to-end project development, construction, and management solutions. Its business segments encompass real estate development, infrastructure construction, engineering services, and property management, making it a comprehensive infrastructure service provider within the Indian market.