Madhav Infra Projects Ltd (BSE: 539894) is a Vadodara, Gujarat-based company in the Heavy Construction industry. With a market capitalisation of ₹192 Cr, it ranks #2,702 by market cap among the 6,137 Indian listed companies on FinBizNet, and #20 of 37 in Heavy Construction. At ₹7.00 (as of 25 Oct 2026), the share price is 17.4% below its 52-week high of ₹8.47 and 7.5% above its 52-week low of ₹6.51. The share price is down 39.0% over one year and down 13.0% over three months.
| Current Price | ₹7.00 |
|---|---|
| Market Cap | ₹192 Cr |
| BSE Code | 539894 |
| Sector | Industrials > Capital Goods > Construction and Engineering |
| Sub-Industry | Construction and Engineering > Heavy Construction |
| P/E Ratio | 6.9 |
| Return on Equity | 11.96% |
| Return on Assets | 5.26% |
| 52-Week Range | ₹6.51 – ₹8.47 |
| 1-Year Price Change | -39.0% |
| 3-Month Price Change | -13.0% |
| Beta (1Y) | 0.71 |
| Headquarters | Vadodara, Gujarat |
| Website | madhavcorp.com |
Madhav Infra Projects Limited engages in the development, construction, operation, and maintenance of infrastructure projects in India. The company is involved in development, construction, and maintenance of highways, bridges, and roads; and generating power and trading, purchasing, marketing, selling, importing, exporting, producing, manufacturing, transmitting, commissioning, distributing, supplying, exchanging or otherwise dealing in aspects of thermal, hydro, nuclear, solar, solar rooftop, and wind power. It also engages in installation, maintenance of solar power plant, roof tops and equipment system related to solar; provision of services for maintenance, renovation and modernization of equipment required for solar power and renewable energy; and oil and gas exploration, production and participation, seismic data service onshore/offshore, managerial and technical support services, technical surveys, data analysis, data processing services, and staffing and technical equipment re
1. Power Generation Business i.e, Solar & Hydro-This segment generates, transmits, and distributes solar and hydro power. 2. Civil & EPC Contract-This segment constructs highways, bridges, and roads. 3. Unallocated Corporate Other Income-This segment trades in and transmits solar energy. 4. Trading-This segment generates solar energy.
1. Heavy Construction-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Rail Vikas Nigam Ltd | ₹41,586 Cr | 46.3 | 8.98% | ₹4,321 Cr | -46.0% |
| Welspun Enterprises Ltd | ₹9,860 Cr | 26.3 | 13.60% | ₹774 Cr | +16.6% |
| KEC International Ltd. | ₹9,377 Cr | 15.1 | 10.53% | ₹5,024 Cr | -61.6% |
| GMR Power And Urban Infra Limited | ₹7,908 Cr | 12.7 | 41.51% | ₹1,705 Cr | -13.6% |
| G R Infraprojects Ltd | ₹7,522 Cr | 8.4 | 10.09% | ₹2,784 Cr | -36.1% |
| Transrail Lighting Limited | ₹6,254 Cr | 15.1 | 19.39% | ₹1,736 Cr | -41.3% |
| PNC Infratech Ltd | ₹3,701 Cr | 4.4 | 12.99% | ₹1,688 Cr | -53.1% |
| H.G. Infra Engineering Limited (Hginfra) | ₹2,655 Cr | 7.9 | 10.59% | ₹1,101 Cr | -59.1% |
| Madhav Infra Projects Ltd | ₹192 Cr | 6.9 | 11.96% | — | -39.0% |
Listed by market capitalisation. Ratios are shown for context only.
Madhav Infra Projects Ltd is trading at ₹7.00, with a market capitalisation of ₹192 Cr.
Madhav Infra Projects Ltd operates in the Industrials > Capital Goods > Construction and Engineering space (Construction and Engineering > Heavy Construction).
Madhav Infra Projects Ltd has a P/E of 6.9 and a return on equity of 11.96%.
Madhav Infra Projects Ltd is listed on the BSE under the scrip code 539894.
Madhav Infra Projects Ltd's share price is down 39.0% over one year and down 13.0% over three months. Its 52-week range is ₹6.51 to ₹8.47.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.