MBLINFRAIndustrials

MBL Infrastructure Limited

Civil Construction · ISIN INE912H01013 · BSE 533152 · NSE EQ · FV ₹10
Last price
₹22
+0.23%today
What this company does

MBL Infrastructure Limited operates in Civil Construction, part of the Industrials sector. It booked ₹38 cr of revenue in its latest quarter (Q1 FY27) and kept -13.8% of sales as profit.

STATUTORY REPORTS FINANCIAL STATEMENTS Annexure - A Management discussion and analysis Economic overview Indian road infrastructure sector review Indian economy India continues to have the second-largest road network in the world, spanning around 66.71 lakh km, comprising national Overview: India continues to showcase remarkable economic highways, state highways, district roads, and rural roads.
In the report:
43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 60–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns10

How much profit it earns on the money it employs

Balance sheet21

How much it owes, and whether earnings cover the interest

Cash quality57

Whether reported profit actually arrives as cash

Growth & consistency47

Whether sales and profit have grown, and how steadily

Valuation97

What today's price implies, against our models or its peers

Governance & risk60

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 36% vs last year
Promoters hold 75%
Watch-outs
! Currently loss-making
! Thin -13.8% net margin
! 23.3% of promoter stake pledged
! Low -2.2% return on equity
! Carries high debt (D/E 1.0)

What if I invest in MBLINFRA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹22 +0.23%
latest close · 2026-09-17
1-year return
+20.9%
52-wk low ₹1752-wk high ₹44
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.35Below book
Below bookModerateHigh
EV / EBITDA11.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-2.2%Loss
WeakFairStrong ▸15%
Return on capital3.2%Weak
WeakFairStrong
Net margin-13.8%Loss
ThinDecentStrong
EBITDA margin78.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.03High
LowModerateHigh ▸1
Interest cover3.4×Okay
RiskyOkayStrong ▸5×
Current ratio0.26Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹338 cr
Book value
₹63
EPS
₹-0.33
latest quarter
Net debt
₹978 cr
owes more than its cash
Enterprise value
₹1,317 cr
EBITDA
₹118 cr
annualised
EBIT
₹61 cr
annualised
Operating margin
40.9%
Return on assets
-0.7%
Earnings yield
P/S
2.25
Sales / share
₹9.8
Tax rate
148.0%
Face value
₹10
Shares
15.3 cr
Working capital
₹-746 cr
Current assets
₹265 cr
Current liabilities
₹1,011 cr
Delivery %
73.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹0₹0, midpoint ₹0

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹38 cr
Other Income₹20 cr
Total Income₹57 cr
Cost of Materials₹79 L
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹3 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹14 cr
Other Expenses₹24 cr
Total Expenses₹46 cr
Exceptional Items₹-19 L
Profit before Tax₹11 cr
Tax Expense₹16 cr
Net Profit₹-5 cr
Net margin on total income-9.1%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹79 L1.3%
Employee benefit expense₹3 cr4.8%
Finance costs₹5 cr7.3%
Depreciation & amortisation₹14 cr22.9%
Other expenses₹24 cr38.0%
Tax expense₹16 cr25.7%
Total income ₹57 cr

The company made a net loss of ₹5 cr this quarter — income covered only 92 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue51 cr52 cr38 cr
Total income66 cr109 cr57 cr
Expenses76 cr65 cr46 cr
Profit before tax-10 cr44 cr11 cr
Tax-13 L53 cr16 cr
Net profit (owners' share)-9 cr-8 cr-5 cr
Net margin (owners' share, on revenue)-18.5%-16.2%-13.8%
EPS (₹)-0.86-0.56-0.33
YoY (latest quarter): total income -9.2% · net profit
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹2,950 cr
Shareholder equity
₹956 cr
parent shareholders
Total debt
₹989 cr
Cash
₹11 cr
Cash flow · H1 FY26
Operating
₹3 cr
Investing
₹75 L
Financing
₹-5 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1.5
ex 4 Aug 2016
ActionDetailEx-date
Dividend₹1.5 / share4 Aug 2016
Bonus issue1:128 Jul 2015
Dividend₹3 / share8 Jul 2015
Dividend₹3 / share31 Jul 2014
Dividend₹3 / share22 Aug 2013
Dividend₹1.5 / share26 Jul 2012
Who owns it · 2026-06-30
23.3% pledged
Promoter
74.6%
FII / Foreign
0.0%
DII / Domestic
0.4%
Retail / others
25.0%
Promoter stake up 7.2% over the last 12 quarters.
Smart-money activity
Insider trades
SoldAnjanee Kumar Lakhotia · Promoters15.50 L13 Jun 24
BoughtJyoti Mundra · Promoter Group15.50 L13 Jun 24
SoldMBL A Capital Ltd. · Promoters60,000 · ₹29.2 L13 May 24
Bulk / block deals
SoldVLS FINANCE LTD · NSE6.00 L @ ₹55.5612 Jun 24
SoldRAHUL DOSHI · NSE9.50 L @ ₹28.9210 Oct 17
BoughtRAHUL DOSHI · NSE9.46 L @ ₹29.2710 Oct 17
Stake changes
BoughtAnjanee Kumar Lakhotia and entities forming part of Promoters & promoter Group · promoter→ 74.57% · 14.50 L30 May 26
BoughtAnjanee Kumar Lakhotia and entities forming part of Promoters & promoter Group · promoter→ 74.33% · 19.00 L11 Apr 26
SoldAnjanee Kumar Lakhotia · promoter→ 74.01% · 25.75 L3 Jun 25
Promoter pledges
PledgedSBICAP Trustee Company Ltd on behalf of Working Capital Consortium Banks of mBL Infrastructure Ltd89.56 L · 4.15% held26 Aug 25
PledgedSBICAP Trustee Company Ltd89.56 L · 4.15% held26 Aug 25
PledgedSBICAP Trustee Company Ltd on behalf of working capital consortium Banks Of MBL Infrastructure Ltd led by state bank of India and Comprising of state bank of India, punjab National Bank , Indian Overseas Bank, bank of maharasthra and bank of Baroda89.56 L · 4.15% held26 Aug 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Sep 2026
See the official result
1
(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 and the Report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
36.08 L votes for, 952 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Mr. Anjanee Kumar Lakhotia (DIN: 00357695), who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
36.08 L votes for, 952 against · 0% of mutual funds and other big investors said no
3
To consider and approve remuneration payable to Mr. Anjanee Kumar Lakhotia (DIN: 00357695) as Managing Director of the Company for the remaining tenure of 2 years w.e.f 25.05.2027.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
36.08 L votes for, 955 against · 0% of mutual funds and other big investors said no
4
To consider and approve re-appointment of Mr. Surender Aggarwal (DIN: 07272927) as an Executive/Whole-time Director of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
36.08 L votes for, 952 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 74.6% between them · as of 2026-06-30
MBL A Capital Limited20.65%
SMH Infrastructure Private Limited19.25%
Gokul Sales Private Limited9.62%
Anjanee Kumar Lakhotia7.58%
Dipika Suppliers LLP7.57%
Chetan Commotrade LLP6.35%
Prabhu International Vyapar Pvt Ltd1.40%
MLSMH LLP1.22%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.