Mahesh Developers Limited
BSE: MAHESH · Residential, Commercial Projects · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹12 cr (FY26): borrowings are higher by ₹11 cr.
- Operating profit covered interest 355.6x in the last 12 months.
- Other income was 31% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹13.57 on 2026-10-26: -70.8% from the 52-week high, +13.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| OPM % | – | – | – | – | – | – | – | – |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.01 | 0.01 | 0.13 | 0.04 | 0.05 | 0.06 | 0.19 | 0.02 |
| Revenue YoY | – | – | – | – | ||||
| Profit YoY | +100.0% | – | +60.0% | -50.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY23 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | – | – | – | 0 | 0 | 0 |
| EBITDA | -0 | -5 | -6 | 0 | 0 | 0 |
| Net profit | -0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | -0.33 | 0.16 | 0.16 | 0.06 | 0.33 | 0.32 |
| Revenue growth | – | – | – | – | – | |
| Profit growth | – | 0.0% | -71.4% | +600.0% | +56.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | +25.4% | – | +56.8% |
| EPS | +27.3% | – | – |
| Share price | – | +11.6% (2y) | +0.7% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 4 | 4 |
| Borrowings | 11 | 12 |
| Cash & equivalents | 1 | 1 |
| Total assets | 47 | 49 |
| Fixed assets | 3 | 3 |
| Capital work in progress | – | 0 |
| Investments | 0 | 0 |
| Receivables | 0 | 0 |
| Inventory | 28 | 28 |
| Payables | 31 | 31 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 1 | -1 |
| Cash from investing | -1 | -0 |
| Cash from financing | 0 | 1 |
| Capex | 0 | 0 |
| Free cash flow | 1 | -1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 0.6% | 3.4% |
| ROCE % | 0.2% | 1.2% |
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| MAHESH | ₹6 cr | 42.4x | 1.4x | 3.3% | 1.1% | – | – | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | MAHESH |
| BSE code | 542677 |
| ISIN | INE01MO01013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.