Mitcon CON & ENG SER Ltd
NSE: MITCON · Other · sector
₹66.42NSE close 2026-10-26
Key numbers
Market cap₹116 cr
Price₹66.42
52w high / low₹93 / ₹50
P/E10.5xSector median 14.4x
P/B0.7xSector median 1.7x
Book value₹90.7
Dividend yield–Sector median 0.37%
ROE6.8%Sector median 13.8%
ROCE9.9%Sector median 19.6%
OPM19.1%Sector median 10.4%
Debt / equity0.58xSector median 0.29x
EV/EBITDA5.9xSector median 8.4x
Interest cover2.5x
Current ratio1.54x
Sales growth 3y+14.5%Sector median +7.7%
Profit growth 3y+24.1%Sector median +16.6%
PEG0.58x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹16 cr vs borrowings ₹92 cr (FY26): borrowings are higher by ₹76 cr.
- Operating profit covered interest 2.5x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 26% of net profit in the last 12 months.
- Debtor days went from 156 (FY24) to 175 (FY26).
- No dividend in the last 5 financial years.
- Price ₹66.42 on 2026-10-26: -28.5% from the 52-week high, +34.0% 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
Weekly close · high ₹128.62 · low ₹51.94
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 22 | 38 | 24 | 29 | 27 | 45 | 68 |
| EBITDA | 7 | 7 | 8 | 6 | 6 | 7 | 12 | 8 |
| OPM % | 26.5% | 29.8% | 19.9% | 26.2% | 19.6% | 25.3% | 26.7% | 11.4% |
| Other income | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
| Net profit | 1 | 0 | 2 | 1 | 1 | 1 | 5 | 3 |
| EPS (₹) | 1.11 | 0.27 | 1.21 | 0.82 | 0.56 | 0.92 | 3.24 | 1.58 |
| Revenue YoY | +5.8% | +19.0% | +18.6% | +176.6% | ||||
| Profit YoY | +2.2% | +419.2% | +179.3% | +150.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 106 | 84 | 129 | 113 | 126 | 169 |
| EBITDA | 16 | 16 | 29 | 29 | 31 | 32 |
| Net profit | 1 | 4 | 5 | 6 | 8 | 10 |
| EPS (₹) | 1.12 | 3.27 | 4.20 | 4.63 | 5.41 | 6.30 |
| Revenue growth | -21.5% | +54.7% | -12.9% | +11.5% | +49.8% | |
| Profit growth | +299.1% | +26.0% | +4.3% | +45.5% | +146.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +14.5% | – | +49.8% |
| Net profit | +24.1% | – | +146.8% |
| EPS | +18.3% | – | – |
| Share price | – | -25.4% (2y) | -6.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 102 | 116 | 127 | 158 |
| Borrowings | – | 97 | 137 | 106 | 92 |
| Cash & equivalents | – | 19 | 14 | 8 | 16 |
| Total assets | – | 248 | 312 | 286 | 322 |
| Fixed assets | – | 117 | 146 | 152 | 146 |
| Capital work in progress | – | 1 | 8 | 4 | 7 |
| Investments | – | 30 | 40 | 4 | 4 |
| Receivables | – | 43 | 55 | 61 | 60 |
| Inventory | – | 2 | 8 | 7 | 9 |
| Payables | – | 6 | 14 | 11 | 14 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -2 | 30 | 24 | 21 | 17 |
| Cash from investing | -5 | -34 | -42 | 14 | -7 |
| Cash from financing | -4 | 16 | 13 | -41 | -1 |
| Capex | 15 | 16 | 39 | 16 | 6 |
| Free cash flow | -17 | 13 | -15 | 5 | 11 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 4.2% | 4.6% | 4.4% | 5.1% |
| ROCE % | – | 6.0% | 9.8% | 9.8% | 9.3% |
| Debtor days | – | 187 | 156 | 198 | 175 |
| Inventory days | – | 23 | 52 | 82 | 95 |
| Payable days | – | 75 | 92 | 136 | 152 |
| Cash conversion cycle (days) | – | 135 | 116 | 144 | 118 |
| Working capital days | – | 163 | 86 | 71 | 117 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 18.33% |
| DIIs | 1.72% |
| Government | 4.71% |
| Public (non-institutions) | 75.24% |
| Quarter | Mar 2025 | Jun 2025 | Jul 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| Beesley Consultancy Private Limited | 15.87% |
| Neptune Alpha Fund | 9.94% |
| Acaipl Investment & Financialservices Private Limited | 9.65% |
| Coeus Global Opportunities Fund | 7.77% |
| Ajay Arjunlal Agarwal | 6.72% |
| Hasmukh Ravji Savla | 4.29% |
| Ajita Agarwal | 2.58% |
| Suryajyoti Multitrading Private Limited | 2.17% |
| Jigar Hasmukh Savla | 1.99% |
| Edc Limited | 1.84% |
| Maharashtra Industrial Dev. Corn. | 1.72% |
| Maharashtra State Financial Corporation | 1.72% |
| Spread Fintrade Ltd | 1.70% |
| Anand Suryakant Chalwade | 1.62% |
| Florem Multiventures Private Limited | 1.59% |
4,854 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| MITCON | ₹116 cr | 10.5x | 0.7x | 6.8% | 9.9% | 19.1% | +14.5% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Consultancy and Training | ₹94 cr | 75.1% | ₹13 cr | 14.0% |
| Wind / Solar Power Generation | ₹17 cr | 13.9% | ₹7 cr | 38.8% |
| Project Service | ₹14 cr | 11.1% | ₹1 cr | 8.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-06-20 | Rights | Rights 6:19 @ Premium Rs 66/- |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | MITCON |
| BSE code | – |
| ISIN | INE828O01033 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.