MADHUCON PROJECTS LTD. (MADHUCON) financials

MADHUCON PROJECTS LTD. (MADHUCON) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1983, Madhucon Projects Ltdis an integrated construction, Infrastructure development and management company.[1]

Market Cap: ₹30.0Cr.
Current Price: ₹4.07
Stock P/E: 2.65
ROE: 0.96%
ROCE: 0.71%
Book Value: ₹69.7
Dividend Yield: 0.00%
52W High / Low: ₹7.77/3.61

In Jun 2026, MADHUCON PROJECTS LTD. (MADHUCON) reported sales ₹27.79 Cr and net profit ₹0.36 Cr.

Annual TTM: sales ₹357 Cr, net profit ₹11 Cr.

Shareholding: Promoters 59.08% (Sep 2026), FIIs 0.00% (Sep 2026), Public 40.92% (Sep 2026), No. of Shareholders 19,731% (Sep 2026).

MADHUCON quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	162.81	90.11	117.66	135.18	107.65	117.47	103.78	27.79
Expenses	372.68	127.26	128.64	180.39	158.37	161.46	148.55	34.61
Operating Profit	-209.87	-37.15	-10.98	-45.21	-50.72	-43.99	-44.77	-6.82
OPM %	-128.90%	-41.23%	-9.33%	-33.44%	-47.12%	-37.45%	-43.14%	-24.54%
Other Income	204.08	35.23	10.95	46.32	53.47	50.35	47.26	5.97
Interest	0.71	0.75	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	2.27	1.42	1.20	0.67	0.62	0.61	0.59	0.51
Profit before tax	-8.77	-4.09	-1.23	0.44	2.13	5.75	1.90	-1.36
Tax %	-72.63%	-27.63%	758.54%	65.91%	-120.19%	6.26%	53.16%	-126.47%
Net Profit	-2.40	-2.96	-10.57	0.14	4.69	5.39	0.90	0.36
EPS in Rs	-0.33	-0.40	-1.43	0.02	0.64	0.73	0.12	0.05
Raw PDF	—	—	—	—	—	—	—	—

MADHUCON profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	547	643	706	901	951	580	464	357
Expenses	558	757	729	1,043	1,213	863	649	503
Operating Profit	-11	-114	-23	-142	-261	-283	-185	-146
OPM %	-2.0%	-18%	-3.2%	-16%	-27%	-49%	-40%	-41%
Other Income	-219	72	17	134	254	276	197	157
Interest	13	3	4	2	7	2	0	0
Depreciation	8	6	5	6	6	6	2	2
Profit before tax	-252	-51	-15	-16	-20	-15	10	8
Tax %	-14%	-28%	124%	-129%	-49%	37%	-9%	—
Net Profit	-216	-36	-34	4	-10	-21	11	11
EPS in Rs	-29.21	-4.94	-4.58	0.60	-1.39	-2.85	1.51	1.54
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

MADHUCON balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	7	7	7	7	7	7	7	7
Reserves	807	592	556	522	527	517	496	507
Borrowings	713	743	732	716	533	367	68	31
Other Liabilities	1,439	1,499	1,325	1,225	1,086	1,036	802	612
Total Liabilities	2,967	2,841	2,620	2,470	2,154	1,928	1,373	1,158
Fixed Assets	49	42	43	38	32	29	21	16
CWIP	0	0	0	0	0	0	0	0
Investments	1,716	1,716	1,488	1,488	1,398	1,093	742	431
Other Assets	1,202	1,084	1,089	944	723	806	611	711
Total Assets	2,967	2,841	2,620	2,470	2,154	1,928	1,373	1,158

MADHUCON cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-40	-11	37	19	178	175	267	66
Cash from Investing Activity	-5	-1	-7	1	1	-1	35	4
Cash from Financing Activity	38	7	-27	-20	-185	-173	-302	-36
Net Cash Flow	-7	-4	4	0	-6	1	-0	34
Free Cash Flow	-46	-12	30	19	178	172	269	68
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-458%	97%	-33%	-84%	-125%	-67%	-94%	-36%

MADHUCON shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	59.08%	59.08%	59.08%	59.08%	59.08%	59.08%	59.08%	59.08%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	40.92%	40.93%	40.93%	40.93%	40.92%	40.93%	40.92%	40.92%
No. of Shareholders	20,510	20,643	20,667	20,435	20,219	20,067	19,924	19,731

MADHUCON key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	141	17	1	6	2	17	2	4
Inventory Days	178	102	51	14	5	0	—	—
Days Payable	2,030	1,704	2,410	2,200	1,131	164	—	—
Cash Conversion Cycle	-1,711	-1,585	-2,358	-2,179	-1,124	-147	2	4
Working Capital Days	-605	-1,153	-973	-878	-526	-356	-236	-163
ROCE %	1%	-1%	-4%	-1%	-1%	-1%	-2%	1%

MADHUCONUpdated 20 Oct 2026, 5:15

Madhucon Projects Ltd.

MADHUCONUpdated 20 Oct 2026, 5:15

Market Cap

₹30.0Cr.

Current Price

₹4.07

High / Low

₹7.77/3.61

Stock P/E

2.65

ROE0.96%

ROCE0.71%

Book Value₹69.7

Face Value₹1.00

Dividend Yield0.00%

About

Incorporated in 1983, Madhucon Projects Ltdis an integrated construction, Infrastructure development and management company.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	186.86	0.55	206.69	17.33	1.46	-4.51	-21.06	-3.56	-0.48
Sep 2023	236.78	1.1	237.98	1.2	1.54	-2.64	-37.12	-1.67	-0.23
Dec 2023	258.95	4.43	257.62	0.18	1.54	-4.46	-47.53	-2.34	-0.32
Mar 2024	271.56	1.16	510.32	232.8	1.56	-8.68	-68.89	-2.7	-0.37
Jun 2024	209.75	0.75	234.85	25.35	0.82	-1.32	288.64	-5.12	-0.69
Sep 2024	162.81	0.71	372.68	204.08	2.27	-8.77	-72.63	-2.4	-0.33
Dec 2024	90.11	0.75	127.26	35.23	1.42	-4.09	-27.63	-2.96	-0.4
Mar 2025	117.66	0	128.64	10.95	1.2	-1.23	758.54	-10.57	-1.43
Jun 2025	135.18	0	180.39	46.32	0.67	0.44	65.91	0.14	0.02
Sep 2025	107.65	0	158.37	53.47	0.62	2.13	-120.19	4.69	0.64
Dec 2025	117.47	0	161.46	50.35	0.61	5.75	6.26	5.39	0.73
Mar 2026	103.78	0	148.55	47.26	0.59	1.9	53.16	0.9	0.12
Jun 2026	27.79	0	34.61	5.97	0.51	-1.36	-126.47	0.36	0.05

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1137	128	937	28	38	62	21	49	6.69
Mar 2016	718	105	570	21	32	31	27	22	3.03
Mar 2017	693	98	557	19	25	32	44	18	2.4
Mar 2018	664	93	565	22	17	11	-21	13	1.78
Mar 2019	669	23	661	15	8	-6	-410	19	2.52
Mar 2020	547	13	558	-219	8	-252	-14	-216	-29.21
Mar 2021	643	3	757	72	6	-51	-28	-36	-4.94
Mar 2022	706	4	729	17	5	-15	124	-34	-4.58
Mar 2023	901	2	1043	134	6	-16	-129	4	0.6
Mar 2024	951	7	1213	254	6	-20	-49	-10	-1.39
Mar 2025	580	2	863	276	6	-15	37	-21	-2.85
Mar 2026	464	0	649	197	2	10	-9	11	1.51
TTM	357	0	503	157	2	8	—	11	1.54

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	59.08%
Public	40.92%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	59.08%	0.03%	—	40.89%
Mar 2024	59.08%	0.03%	—	40.9%
Jun 2024	59.08%	0%	—	40.92%
Sep 2024	59.08%	0%	—	40.91%
Dec 2024	59.08%	0%	—	40.92%
Mar 2025	59.08%	0%	—	40.93%
Jun 2025	59.08%	0%	—	40.93%
Sep 2025	59.08%	0%	—	40.93%
Dec 2025	59.08%	0%	—	40.92%
Mar 2026	59.08%	0%	—	40.93%
Jun 2026	59.08%	0%	—	40.92%
Sep 2026	59.08%	0%	—	40.92%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	7	737	648	1989	3382	84	0	1557	1741	3382
Mar 2016	7	758	568	1946	3280	55	0	1724	1500	3280
Mar 2017	7	776	593	1385	2762	53	2	1772	935	2762
Mar 2018	7	788	639	1476	2910	51	0	1772	1087	2910
Mar 2019	7	807	713	1439	2967	49	0	1716	1202	2967
Mar 2020	7	592	743	1499	2841	42	0	1716	1084	2841
Mar 2021	7	556	732	1325	2620	43	0	1488	1089	2620
Mar 2022	7	522	716	1225	2470	38	0	1488	944	2470
Mar 2023	7	527	533	1086	2154	32	0	1398	723	2154
Mar 2024	7	517	367	1036	1928	29	0	1093	806	1928
Mar 2025	7	496	68	802	1373	21	0	742	611	1373
Mar 2026	7	507	31	612	1158	16	0	431	711	1158

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	294	-170	-129	-5
Mar 2016	311	-16	-282	13
Mar 2017	115	-61	-57	-4
Mar 2018	45	-13	-31	1
Mar 2019	-40	-5	38	-7
Mar 2020	-11	-1	7	-4
Mar 2021	37	-7	-27	4
Mar 2022	19	1	-20	0
Mar 2023	178	1	-185	-6
Mar 2024	175	-1	-173	1
Mar 2025	267	35	-302	0
Mar 2026	66	4	-36	34

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	129	142	72	108	141	17	1	6	2	17	2	4
Inventory Days	21	106	64	120	178	102	51	14	5	0	—	—
Days Payable	445	2,464	659	1,070	2,030	1,704	2,410	2,200	1,131	164	—	—
Cash Conversion Cycle	-295	-2,216	-524	-842	-1,711	-1,585	-2,358	-2,179	-1,124	-147	2	4
Working Capital Days	-190	-774	-602	-586	-605	-1,153	-973	-878	-526	-356	-236	-163
ROCE %	14%	10%	10%	7%	1%	-1%	-4%	-1%	-1%	-1%	-2%	1%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MADHUCON PROJECTS LTD. (MADHUCON)?

The reported market capitalisation for MADHUCON PROJECTS LTD. (MADHUCON) is ₹30.0Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MADHUCON?

The current price shown for MADHUCON PROJECTS LTD. (MADHUCON) on Fincrux is ₹4.07 with a 52-week high/low of ₹7.77/3.61.

What is the P/E ratio of MADHUCON PROJECTS LTD. (MADHUCON)?

The stock P/E for MADHUCON PROJECTS LTD. (MADHUCON) is 2.65 on Fincrux, with ROE at 0.96% and ROCE at 0.71%.

What were MADHUCON latest quarterly results?

For Jun 2026, MADHUCON PROJECTS LTD. (MADHUCON) reported sales ₹27.79 Cr and net profit ₹0.36 Cr (figures in ₹ crore unless noted).

What are MADHUCON annual sales and net profit?

For TTM, MADHUCON PROJECTS LTD. (MADHUCON) shows sales of ₹357 Cr and net profit of ₹11 Cr on the Fincrux profit & loss statement.

Who owns MADHUCON PROJECTS LTD. (MADHUCON)?

Latest shareholding for MADHUCON PROJECTS LTD. (MADHUCON) on Fincrux: Promoters 59.08% (Sep 2026), FIIs 0.00% (Sep 2026), Public 40.92% (Sep 2026), No. of Shareholders 19,731% (Sep 2026).

Where can I find MADHUCON PROJECTS LTD. (MADHUCON) financials?

MADHUCON PROJECTS LTD. (MADHUCON) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MADHUCON balance sheet and cash flow?

Yes. The MADHUCON PROJECTS LTD. (MADHUCON) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 20 October 2026 at 5:15