About
MEP Infrastructure Developers Limited engages in the construction, operation, and maintenance of road infrastructure in India. The company operates in two segments, Toll Collection, Operation and Maintenance; and Construction. It provides road repairs; and maintenance of flyovers, and roads and other structures. The company also undertakes engineering, procurement, and construction contracts for construction of roads. In addition, it is involved in the operation, maintenance, and collection of tolls; and installation of toll equipment, cameras, weigh bridges, etc. The company was incorporated in 2002 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap13 Cr
P/E—
Div Yield0.00 %
Book Value₹-21.70
52w High₹2.90
52w Low₹0.50
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.00 | 11.00 | 3.00 | 16.00 | 20.00 | 16.00 | 8.00 | 16.00 | 33.00 | 46.00 | 35.00 | 80.00 | 123.00 |
| Expenses | 620.00 | 34.00 | 30.00 | 31.00 | 80.00 | 13.00 | 16.00 | 44.00 | 62.00 | 26.00 | 32.00 | 66.00 | 140.00 |
| Operating Profit | -600.00 | -24.00 | -27.00 | -15.00 | -60.00 | 3.00 | -9.00 | -28.00 | -29.00 | 21.00 | 2.00 | 15.00 | -17.00 |
| OPM % | -2,926.00 | -216.00 | -936.00 | -90.00 | -300.00 | 19.00 | -113.00 | -179.00 | -91.00 | 44.00 | 7.00 | 19.00 | -14.00 |
| Other Income | 6.00 | -59.00 | 1.00 | 3.00 | 4.00 | 5.00 | 3.00 | 1.00 | 47.00 | 5.00 | 8.00 | 13.00 | -91.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 3.00 | 18.00 | 20.00 | 20.00 | 25.00 | 11.00 |
| Interest | 9.00 | 9.00 | 13.00 | 9.00 | 13.00 | 9.00 | 9.00 | 11.00 | 12.00 | 8.00 | 10.00 | 12.00 | 14.00 |
| Profit before tax | -604.00 | -92.00 | -39.00 | -22.00 | -70.00 | -3.00 | -17.00 | -42.00 | -13.00 | -2.00 | -20.00 | -9.00 | -132.00 |
| Tax % | 0.00 | 1.00 | 1.00 | -8.00 | 0.00 | 4.00 | 0.00 | 0.00 | 5.00 | 6.00 | -3.00 | 21.00 | 0.00 |
| Net Profit | -605.00 | -93.00 | -40.00 | -20.00 | -70.00 | -3.00 | -17.00 | -42.00 | -14.00 | -2.00 | -19.00 | -11.00 | -131.00 |
| EPS in Rs | -32.97 | -5.06 | -2.15 | -1.09 | -3.80 | -0.17 | -0.91 | -2.28 | -0.75 | -0.09 | -1.05 | -0.58 | -7.15 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50.00 | 60.00 | 194.00 | 367.00 | 1,370.00 | 1,869.00 | 1,477.00 | 781.00 | 695.00 | 907.00 | 487.00 | 912.00 |
| Expenses | 715.00 | 154.00 | 185.00 | 414.00 | 1,467.00 | 1,649.00 | 1,257.00 | 163.00 | 75.00 | 866.00 | 465.00 | 858.00 |
| Operating Profit | -665.00 | -94.00 | 9.00 | -47.00 | -98.00 | 220.00 | 220.00 | 617.00 | 621.00 | 41.00 | 22.00 | 54.00 |
| OPM % | -1,318.00 | -158.00 | 4.70 | -13.00 | -7.00 | 12.00 | 15.00 | 79.00 | 89.00 | 4.50 | 4.50 | 6.00 |
| Other Income | -49.00 | 13.00 | 72.00 | -71.00 | 34.00 | 13.00 | 14.00 | 29.00 | 45.00 | 25.00 | 12.00 | 2.00 |
| Interest | 39.00 | 42.00 | 43.00 | 63.00 | 70.00 | 64.00 | 52.00 | 61.00 | 56.00 | 35.00 | 27.00 | 28.00 |
| Depreciation | 3.00 | 8.00 | 82.00 | 43.00 | 52.00 | 122.00 | 118.00 | 559.00 | 565.00 | 6.00 | 3.00 | 2.00 |
| Profit before tax | -757.00 | -131.00 | -44.00 | -224.00 | -185.00 | 47.00 | 64.00 | 27.00 | 44.00 | 25.00 | 4.00 | 26.00 |
| Tax % | 0.00 | 0.00 | 5.00 | -1.00 | -24.00 | 36.00 | 37.00 | 34.00 | 31.00 | 36.00 | 42.00 | 35.00 |
| Net Profit | -757.00 | -131.00 | -46.00 | -222.00 | -141.00 | 30.00 | 40.00 | 18.00 | 30.00 | 16.00 | 2.00 | 16.00 |
| EPS in Rs | -41.28 | -7.16 | -2.48 | -12.11 | -7.67 | 1.64 | 2.47 | 1.09 | 1.86 | 1.45 | 0.24 | 1.65 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.00 | 12.00 | 23.00 | 11.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 186.00 | 183.00 | 183.00 | 183.00 | 183.00 | 183.00 | 163.00 | 163.00 | 163.00 | 111.00 | 100.00 | 100.00 |
| Reserves | -644.00 | 113.00 | 220.00 | 265.00 | 487.00 | 634.00 | 475.00 | 438.00 | 425.00 | 147.00 | 118.00 | 113.00 |
| Borrowings | 217.00 | 272.00 | 288.00 | 341.00 | 419.00 | 399.00 | 363.00 | 390.00 | 443.00 | 395.00 | 221.00 | 182.00 |
| Other Liabilities | 1,139.00 | 1,067.00 | 1,074.00 | 1,907.00 | 1,765.00 | 1,327.00 | 1,029.00 | 882.00 | 567.00 | 207.00 | 38.00 | 25.00 |
| Total Liabilities | 899.00 | 1,635.00 | 1,766.00 | 2,696.00 | 2,855.00 | 2,544.00 | 2,030.00 | 1,873.00 | 1,598.00 | 861.00 | 476.00 | 420.00 |
| Fixed Assets | 8.00 | 18.00 | 36.00 | 88.00 | 93.00 | 43.00 | 73.00 | 157.00 | 344.00 | 11.00 | 15.00 | 12.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 168.00 | 424.00 | 841.00 | 853.00 | 853.00 | 819.00 | 779.00 | 670.00 | 522.00 | 210.00 | 71.00 | 32.00 |
| Other Assets | 723.00 | 1,194.00 | 890.00 | 1,755.00 | 1,909.00 | 1,682.00 | 1,178.00 | 1,045.00 | 732.00 | 640.00 | 391.00 | 377.00 |
| Total Assets | 899.00 | 1,635.00 | 1,766.00 | 2,696.00 | 2,855.00 | 2,544.00 | 2,030.00 | 1,873.00 | 1,598.00 | 861.00 | 476.00 | 420.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6.00 | -152.00 | 103.00 | 189.00 | -120.00 | 281.00 | 84.00 | 85.00 | -9.00 | 11.00 | 241.00 |
| Cash from Investing Activity | 12.00 | 248.00 | 45.00 | -107.00 | -16.00 | -205.00 | 39.00 | -388.00 | -159.00 | -24.00 | -12.00 |
| Cash from Financing Activity | -16.00 | -97.00 | -152.00 | -83.00 | 129.00 | -80.00 | -116.00 | 308.00 | 157.00 | 14.00 | -250.00 |
| Net Cash Flow | 1.00 | -1.00 | -5.00 | -1.00 | -6.00 | -4.00 | 7.00 | 5.00 | -11.00 | 1.00 | -21.00 |
| Free Cash Flow | 15.00 | -126.00 | 95.00 | 163.00 | -119.00 | 254.00 | 94.00 | 61.00 | -11.00 | 4.00 | 237.00 |
| CFO/OP % | -7.00 | -1,653.00 | -191.00 | -225.00 | -37.00 | 133.00 | 17.00 | 16.00 | 39.00 | 65.00 | 466.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28.00 | 107.00 | 7.00 | 66.00 | 14.00 | 15.00 | 22.00 | 17.00 | 0.00 | 16.00 | 17.00 | 10.00 |
| Cash Conversion Cycle | 28.00 | 107.00 | 7.00 | 66.00 | 14.00 | 15.00 | 22.00 | 17.00 | 0.00 | 16.00 | 17.00 | 10.00 |
| Working Capital Days | -4,973.00 | -3,193.00 | -965.00 | -596.00 | -100.00 | 2.00 | -22.00 | -124.00 | -216.00 | -39.00 | -24.00 | 8.00 |
| ROCE % | -401.00 | -14.00 | -8.00 | -7.00 | -10.00 | 10.00 | 12.00 | 9.00 | 12.00 | 11.00 | 8.00 | 12.00 |
Corporate Actions
12 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 14 Oct 2020 | — | — | — | Annual General Meeting |
| Dividend | 29 Aug 2019 | — | — | 0.30 | |
| Other | 29 Aug 2019 | — | — | — | Annual General Meeting/Dividend Rs 0.30 |
| Dividend | 25 Jul 2018 | — | — | 0.30 | |
| Dividend | 19 Jul 2017 | — | — | 0.15 | |
| Dividend | 22 Feb 2017 | 25 Feb 2017 | — | 0.10 | |
| Dividend | 28 Jul 2016 | — | — | 0.10 | |
| Dividend | 19 Nov 2015 | 20 Nov 2015 | — | 0.10 | |
| Other | 16 Sep 2015 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update31 Dec 2025 from smera
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Rating update11 Oct 2024 from smera
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Rating update17 Jul 2023 from smera
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Rating update18 Apr 2022 from smera
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Rating update18 May 2021 from smera
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Rating update19 Apr 2021 from care