MV ELECTROSYSTEMS LIMITED

About

MV Electrosystems Limited engages in research, design, development, and manufacturing of electrical and power electronics equipment used in railway rolling stock, railway propulsion equipment, and cable assemblies. The company provides customized electrical and electronic solutions tailored to the requirements of the railway sector, with a product portfolio that includes propulsion systems, auxiliary converters, battery chargers, and a wide range of cable assemblies. The company's solutions are primarily deployed in electric locomotives, metro systems, and EMUs. It offers propulsion equipment, includes traction converters, auxiliary converters, vehicle control unit, inverters, driver display unit / human machine interface; switchgear and rail coach / EMU panels; cable protection and management products; and other critical systems that support railway electrification through efficient power management and traction control; and cable assemblies, provides customized wiring and harness solutions designed for reliable integration across rolling stock and railway infrastructure. The company was incorporated in 2009 and is based in Faridabad, India.

Key Metrics

as of Sep 2026

Market Cap1,991 Cr

P/E—

Div Yield0.00 %

Book Value—

52w High₹780.00

52w Low₹510.00

Face Value₹5.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Jun 2025
Sales	12.77	14.93	13.45
Expenses	18.15	20.78	16.95
Operating Profit	-5.38	-5.85	-3.50
OPM %	-42.13	-39.18	-26.02
Other Income	0.03	0.12	0.07
Depreciation	1.51	1.06	0.74
Interest	1.18	1.13	0.76
Profit before tax	-8.04	-7.92	-4.93
Tax %	-14.30	-63.26	16.23
Net Profit	-6.89	-2.91	-5.73
EPS in Rs	-3.37	-1.42	-6.27

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Sales	49.00	63.00	50.00	68.00
Expenses	59.00	55.00	44.00	62.00
Operating Profit	-10.00	7.00	6.00	6.00
OPM %	-20.00	12.00	12.00	9.00
Other Income	0.00	2.00	1.00	0.00
Interest	4.00	4.00	3.00	2.00
Depreciation	3.00	3.00	3.00	3.00
Profit before tax	-17.00	3.00	1.00	2.00
Tax %	-25.00	45.00	45.00	32.00
Net Profit	-13.00	1.00	1.00	1.00
EPS in Rs	-6.17	1.53	0.77	1,190.00
Dividend Payout %	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Equity Capital	10.00	9.00	7.00	0.23
Reserves	52.00	9.00	9.00	12.00
Borrowings	55.00	32.00	33.00	21.00
Other Liabilities	28.00	24.00	16.00	11.00
Total Liabilities	146.00	74.00	66.00	45.00
Fixed Assets	37.00	23.00	24.00	14.00
CWIP	2.00	0.00	1.00	4.00
Investments	0.00	0.00	0.00	0.00
Other Assets	106.00	51.00	40.00	27.00
Total Assets	146.00	74.00	66.00	45.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Cash from Operating Activity	-58.00	5.00	-5.00	3.00
Cash from Investing Activity	-18.00	-1.00	-4.00	-10.00
Cash from Financing Activity	76.00	-4.00	7.00	8.00
Net Cash Flow	0.00	0.00	-2.00	1.00
Free Cash Flow	-76.00	3.00	-9.00	-7.00
CFO/OP %	577.00	78.00	-76.00	60.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Debtor Days	77.00	85.00	92.00	44.00
Inventory Days	731.00	321.00	351.00	111.00
Days Payable	238.00	187.00	178.00	69.00
Cash Conversion Cycle	571.00	219.00	265.00	85.00
Working Capital Days	230.00	18.00	22.00	-11.00
ROCE %	-15.00	12.00	10.00	—