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Madhucon Projects Limited

Madhucon Projects Limited

MADHUCON.BO
Madhucon Projects LimitedIN flagBombay Stock Exchange
5.40
INR
-NaN
- -
398.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
121
219.26
276.18
352.25
194.42
128.67
124.61
97.6
114.23
128.48
152.33
156.84
89.65
74.5
Basic EPS, GAAP
-37.5
-30.33
-0.48
2.78
-98.21
-117.33
-46.6
-144.43
-31.63
-14.41
-19.47
-6.11
-64.4
-52.05
Free Cash Flow per Basic Share
-128.8
-115.86
18.23
-40.78
92.61
74.22
24.65
-79.54
-68.94
30.65
-32.71
-35.13
-54.49
- -
Dividend per Share
0.1
0.1
0.2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1
1
1
0.99
-196.92
-307.42
-354.02
-392.93
-301.49
-327.45
-308.88
-246.02
-246.59
- -
Tangible Book Value per Share
-225.56
-255.12
-461.41
-232.89
-281.02
-412.84
-456.98
-489.07
-418.4
-431.46
-339.01
-285.58
-282.98
- -
Basic Weighted Avg Shares
74
74
74
74
74
74
74
74
74
74
74
74
74
74
Sales/Revenue/Turnover
8,929
16,181
20,381
25,994
14,347
9,495
9,195
7,202
8,430
9,481
11,241
11,574
6,616
5,498
Operating Margin (%)
5.03
13.31
22.38
27.82
3.47
-10.54
-13.79
0.74
-18.02
-21.56
-63.69
6.5
-72.07
-42.68
Depreciation Expense
2,492
1,425
1,984
2,222
2,692
2,488
2,242
716
1,287
1,409
7,989
318
5,311
4,181
Net Income, GAAP
-2,767
-2,238
-35
205
-7,248
-8,658
-3,439
-10,658
-2,334
-1,063
-1,437
-451
-4,752
-3,841
Effective Tax Rate (%)
- -
- -
93.54
67.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-30.99
-13.83
-0.17
0.79
-50.52
-91.19
-37.4
-147.99
-27.69
-11.22
-12.78
-3.9
-71.83
-69.86
Working Capital
-11,485
-9,456
-20,375
-22,624
-30,586
-41,928
-44,975
-36,972
-22,721
-27,149
-20,390
-19,549
-18,084
- -
LT Debt
42,764
49,901
51,033
45,640
47,640
45,164
31,234
17,760
23,912
23,426
16,637
15,753
14,558
- -
Total Equity
695
-1,311
-1,310
-1,241
-7,104
-17,756
-21,689
-24,977
-19,817
-22,101
-23,572
-19,879
-20,052
- -
Return on Invested Capital (%)
- -
- -
0.54
3.79
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
0.33
3.94
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-3,023.02
-47.85
278.67
- -
- -
- -
- -
- -
- -
- -
-609.42
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
19,955
- -
LT Borrowings
- -
13,995
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
74
- -
Market Capitalization
543
607
459

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
14,347
- -
Cash, Cash Equivalents & STI
- -
11,081
- -
Accounts Receivable, Net
- -
132
- -
Inventories
- -
17
- -
Total Current Liabilities
- -
36,745
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
19,955
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
63.73%
-3.46%
0.87%
Free Cash Flow
-146.21%
-60.41%
55.1%
Net Income, GAAP
-335.13%
157.45%
953.28%
Sales/Revenue/Turnover
-6.77%
1.64%
-42.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,106
2,566
2,756
4,193
11,574
2025
2,364
1,899
1,114
1,238
6,616
2026
1,573
1,294
1,393
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.65
-2.42
-1.69
- -
-6.11
2025
-1.3
-0.61
-57.22
- -
-64.4
2026
-15.97
-16.36
-14.45
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Mohammad Shafi
Full Time Employees
738
Sector
Industrials
Industry
Engineering & Construction
Address
Madhucon House Hyderabad India 500033
IPO Date
Jan 3, 2000
Website
madhucon.com
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Business
Madhucon Projects Limited (BSE: MADHUCON) is an infrastructure development company engaged in the construction and operation of highways, bridges, buildings, power plants, and irrigation projects. The company provides engineering, procurement, and construction (EPC) services; operation and maintenance of toll roads; real estate development; and power generation through thermal and hydroelectric facilities. Its project portfolio includes national highway construction under the National Highways Authority of India (NHAI), urban infrastructure such as flyovers and metro rail components, and commercial real estate developments; key brands and subsidiaries encompass Madhucon Infra, Madhucon Power, and Madhucon Realty. Founded in 1994 and headquartered in Hyderabad, India, Madhucon Projects operates primarily across India with projects in states including Andhra Pradesh, Telangana, Maharashtra, and Uttar Pradesh, targeting government entities, public-private partnerships, and private sector clients in the infrastructure and energy sectors. In recent developments, the company has focused on debt restructuring and asset monetization, including the transfer of highway assets to subsidiaries for better financial management as part of its corporate debt resolution plan approved in 2023; it secured new EPC orders for road projects worth over INR 1,000 crore in 2024 and expanded into renewable energy through a strategic alliance for solar power initiatives. Additionally, Madhucon Projects completed the acquisition of stressed assets from the National Highways Logistics Management Limited in early 2025, marking a significant operational expansion amid India's infrastructure boom.