Mega Nirman & Industries Ltd Stock Price Today (NSE: MNIL)

Mega Nirman & Industries Ltd

40.49+0.84 (+2.12%)
Market Closed

Fundamental Score

...

Mega Nirman & Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Mega Nirman & Industries Ltd share price today is 40.49, up +2.12% on NSE/BSE as of 19 June 2026. Mega Nirman & Industries Ltd (MNIL) is a Small-cap company in the Residential, Commercial Projects sector with a market capitalisation of 77.86 (Cr). The 52-week high for MNIL share price is 50.45 and the 52-week low is 20.00. The company has a Return on Equity (ROE) of 0.38% and a debt-to-equity ratio of 0.00.

Mega Nirman & Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
47.98
Low
35.00
Volume
6.4K
Change
-7.17%

Mega Nirman & Industries Ltd share price chart: -7.17% return over the past month. 52-week high ₹50.45, 52-week low ₹20.00.

Mega Nirman & Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
40.8340.8340.4940.4981.00 (Cr)
39.5041.3538.0039.653.79K (Cr)
41.5041.5038.0038.111.15K (Cr)
41.5041.5038.4039.993.44K (Cr)
43.4943.4937.4338.762.64K (Cr)
39.8041.9839.6939.79935.00 (Cr)
41.2043.5039.6340.001.94K (Cr)
40.5041.0037.7139.638.35K (Cr)
41.5041.5036.6039.9013.44K (Cr)
40.0040.6336.0040.581.20K (Cr)

Mega Nirman & Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
39.5041.3538.0040.49+2.51%
41.2047.9835.0038.11-7.50%
39.9147.9935.0043.97+10.17%
39.8744.6037.6039.91+0.10%
40.4646.3037.8239.87-1.46%
46.0050.4539.9641.28-10.26%
31.9546.4130.0046.00+43.97%
23.9932.9920.0531.95+33.18%
24.9026.2320.0122.24-10.68%
21.5027.0320.0024.28+12.93%
25.4026.4520.0321.50-15.35%
23.3527.0021.0525.27+8.22%

AI Research Briefing

Powered by Gemini · 2026-04-09

MNIL is a micro-cap with weak fundamentals masquerading as a real estate play; avoid the hype.

Research Confidence
2.0/10Low
MICRO-CAP DARK HORSEConsolidation; price decreased by 2.81% over the last month.Very expensive; P/E ratio of 1020.8 vs. industry P/E of 35.86x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Mega Nirman & Industries (MNIL) share price MarketsMojo rates MNIL as Sell, last updated March 10, 2026, citing below-average quality and very expensive valuation. A board meeting was held on January 20, 2026, for quarterly results.

CORE STORY (THE REAL GAME)

MNIL is being pitched as a turnaround play in the residential/commercial project space, but its core business is precious metals and stones. The market seems to be pricing in a speculative bet on real estate development, despite a weak balance sheet and negative free cash flow.

Why Now
  • Residential/commercial project speculation
  • Warrant conversion by M.D.S. Infrastructure
  • Year-on-year price increase
Potential Catalysts
  • Successful execution of real estate projects
  • Further investment in Rudraveerya Developers Limited
  • Overall positive sentiment in the real estate market
Key Risks
  • Micro/SME cap: liquidity risk
  • Negative free cash flow of ₹-7.66 Cr
  • Minimal promoter holding of 0.29% and decreasing
  • Rated as 'Sell' by MarketsMojo
Institutional Activity

Promoter holding is a negligible 0.29% and decreasing.

Macro Context

Residential market cooling; office leasing strong.

Cash Flow Quality

No; Free Cash Flow 5Y: ₹-7.66 Cr

3–6 Month Outlook

The company's future hinges on successful execution of real estate projects, which is highly uncertain given its financial history. A rights issue of equity shares up to ₹50 crore has been approved.

Primary Thesis Risk

Failure to execute real estate projects will lead to significant downside.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

0.38%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

0.84%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Mega Nirman & Industries Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

35.86x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Poor

Promoter Holding

0.29%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-366.67%

Net profit growth vs same quarter last year

Revenue Growth (Quarterly YoY)

N/A

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

30.52%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-18.61%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-18.61%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-3.50x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-7.66 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Mega Nirman & Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MNIL across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Consistent Growth Track Record (30.52% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

9 factors identified

Below-Average Return on Equity (0.38%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (0.84%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Profit Decline Concern (-366.67%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Weak Earnings Growth (-18.61% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-18.61% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (-3.50x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-7.66 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Low Promoter Commitment (0.29%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Mega Nirman & Industries Ltd vs Residential, Commercial Projects Peers

Peer Comparison - Residential, Commercial Projects

Compare Mega Nirman & Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
7.4/100
40
₹77.86
0.38%
Poor
0.84%
Poor
0.0
Excellent
-18.61%
Poor
30.52%
Excellent
0.00%
DLF Ltd...
DLF532868
49.2/100
594
₹176317.23
45.7
Average
11.36%
Average
6.51%
Poor
0.0
Excellent
90.95%
Excellent
5.62%
Good
0.84%
31.7/100
1400
₹71505.13
93.4
Average
3.48%
Poor
7.66%
Poor
0.9
Good
4.12%
Average
-1.99%
Poor
0.11%
45.5/100
1789
₹63179.28
40.8
Average
8.98%
Poor
6.57%
Poor
0.9
Good
40.91%
Excellent
15.06%
Excellent
0.00%
62/100
1772
₹61866.27
57.8
Average
9.36%
Poor
10.75%
Average
0.5
Excellent
23.32%
Excellent
14.48%
Good
0.14%
54.3/100
1693
₹58897.53
26.4
Average
14.67%
Average
17.73%
Good
0.2
Excellent
25.94%
Excellent
18.76%
Excellent
0.49%
62.5/100
660
₹21966.91
27.6
Average
14.92%
Average
13.34%
Average
0.8
Good
36.56%
Excellent
14.03%
Good
0.28%
68.1/100
508
₹20611.94
41.8
Average
10.89%
Average
11.17%
Average
0.1
Excellent
73.92%
Excellent
49.46%
Excellent
0.13%
Sobha Ltd...
SOBHA532784
42.9/100
1395
₹16352.79
110.0
Average
2.68%
Poor
6.44%
Poor
0.2
Excellent
-19.57%
Poor
1.47%
Average
0.20%
39/100
801
₹15880.75
204.2
Average
14.72%
Average
5.42%
Poor
3.6
Poor
30.05%
Excellent
59.56%
Excellent
0.00%
0/100
60
₹10648.01
2.53%
Poor
3.19%
Poor
0.5
Excellent
-7.08%
Poor
-7.79%
Poor
0.00%

Mega Nirman & Industries Ltd Quarterly Performance

Latest quarterly metrics for MNIL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

N/A

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-366.67%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

30.52%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-18.61%

Compounded annual net profit growth over 5 years

Mega Nirman & Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MNIL — calculated from daily price history

35RSI 14
Neutral — RSI 35

Momentum is balanced — neither overbought nor oversold.

SMA 50
41
▼ Price below SMA 50 — Short-term bearish
SMA 200
34
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
5K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Mega Nirman & Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Mega Nirman & Industries Ltd (MNIL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Mega Nirman & Industries Ltd

About MNIL (Mega Nirman & Industries Ltd)

Mega Nirman & Industries Ltd is a dynamic construction and development company rapidly making its mark on the Indian landscape. Emerging from a legacy of strategic investments, MNI...L is now focused on crafting innovative residential and commercial spaces. With a commitment to quality and modern design, the company aims to create vibrant communities and functional business environments. MNIL distinguishes itself through meticulous planning, sustainable practices, and a dedication to exceeding customer expectations. Driven by a team of experienced professionals, MNIL is poised to become a significant player in the real estate sector, shaping the future of urban living and commerce. MNIL's residential projects are envisioned as havens of comfort and style. These developments prioritize creating harmonious living spaces that cater to diverse needs, from compact urban apartments to sprawling family homes. MNIL meticulously selects prime locations and integrates lush green spaces, ensuring residents enjoy a balanced lifestyle. Thoughtful design, high-quality construction, and modern amenities are hallmarks of MNIL's residential offerings. The company focuses on fostering a sense of community within its developments, creating vibrant neighborhoods where residents can connect and thrive. Each residential project is a testament to MNIL's commitment to providing exceptional living experiences. In the commercial sector, Mega Nirman & Industries Ltd develops cutting-edge spaces designed to enhance productivity and foster business growth. MNIL's commercial projects range from state-of-the-art office complexes to vibrant retail centers, all strategically located to maximize accessibility and visibility. The company prioritizes creating flexible and adaptable spaces that can accommodate the evolving needs of businesses. MNIL integrates advanced technologies and sustainable features into its commercial developments, creating modern and efficient work environments. With a focus on quality and innovation, MNIL aims to provide businesses with the infrastructure they need to succeed.

Company Details

Symbol:MNIL
Industry:Residential, Commercial Projects
Sector:Residential, Commercial Projects

Key Leadership

Mr. Himanshu Gopal
Chief Financial Officer
Ms. Kanika Mehra Chawla
Company Secretary & Compliance Officer
Mr. Anand Rai
Executive Director

MNIL Share Price: Frequently Asked Questions

What is the current share price of Mega Nirman & Industries Ltd?

Mega Nirman & Industries Ltd (MNIL) trades at ₹40.49 on NSE and BSE. Market cap ₹77.86 (Cr). Educational data only.

What is the P/E ratio of Mega Nirman & Industries Ltd?

Mega Nirman & Industries Ltd has a P/E of N/Ax vs industry average 35.86x.

What is the Bull Run score for Mega Nirman & Industries Ltd?

Mega Nirman & Industries Ltd has a Bull Run score of 7.4/100 based on 25+ financial parameters.

Does Mega Nirman & Industries Ltd pay dividends?

Mega Nirman & Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Mega Nirman & Industries Ltd?

Mega Nirman & Industries Ltd has ROE of 0.38%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Mega Nirman & Industries Ltd?

Mega Nirman & Industries Ltd has debt-to-equity of 0.00.

Is Mega Nirman & Industries Ltd a good investment?

Bull Run gives Mega Nirman & Industries Ltd a score of 7.4/100. This is not investment advice — consult a SEBI-registered advisor.