Modern Engineering and Projects Limited

MEAPLCivil Construction
30.34+0.00 (+0.00%)
As on 29 Jan 2026, 10:37 amMarket Closed

Fundamental Score

...

Modern Engineering and Projects Limited Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Excellent

Return on Equity

25.90%
Excellent

Return on Capital Employed

20.54%
Poor

Operating Profit Margin (5Y)

4.89%
Poor

Dividend Yield

0.00%

Valuation Metrics

Excellent

Price to Earnings

4.88x

Market Capitalization

51.25 (Cr)

Industry P/E

18.93x

Growth Metrics

Excellent

YoY Quarterly Profit Growth

600.00%
Poor

YoY Quarterly Sales Growth

1.05%
Excellent

Sales Growth (5Y)

336.99%
Excellent

EPS Growth (5Y)

118.57%
Excellent

Profit Growth (5Y)

118.44%

Financial Health

Excellent

Debt to Equity

0.12x
Excellent

Interest Coverage

18.79x
Poor

Free Cash Flow (5Y)

-43.14 (Cr)

Ownership Structure

Average

Promoter Holding

33.29%
Average

FII Holding

7.47%
Poor

DII Holding

0.00%
Excellent

Pledged Percentage

0.00%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
33.29%
Promoter Holding
51.25 (Cr)
Market Cap

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

Market Data Analysis & Educational Insights

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

Positive Indicators

10 factors identified

Strong Return on Equity (25.90%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (20.54%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance. This indicates quality business fundamentals.

Attractive Valuation (P/E: 4.88 vs Industry: 18.93)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity if fundamentals support the business case.

Robust Profit Growth (600.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.

Consistent Growth Track Record (336.99% CAGR)

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

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.

Excellent EPS Growth (118.57% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (118.44% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Conservative Debt Levels (D/E: 0.12)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.

Strong Interest Coverage (18.79x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral, reducing forced-selling risk.

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

Risk Factors

5 factors identified

Margin Pressure Concerns (4.89%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges. Monitor for operational improvements.

Negative Free Cash Flow (₹-43.14 Cr over 5Y)

Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.

Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.

Limited Institutional Interest (FII+DII: 7.47%)

Observation: Low institutional participation may affect liquidity and visibility.

Analysis: Limited institutional interest may indicate size constraints or visibility issues in the investment community.

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. Assess capital allocation strategy.

Small Market Cap

Observation: Higher investment risk due to limited size.

Analysis: Small-cap stocks typically carry higher volatility and liquidity risks.

Financial Statements

Comprehensive financial data for Modern Engineering and Projects Limited

About MEAPL

Business Overview

Modern Engineering and Projects Limited engages in the construction and development of infrastructure projects in India. It undertakes contracts for various infrastructure projects, including transportation engineering, civil construction, other works, etc. The company was formerly known as Modern Converters Limited. Modern Engineering and Projects Limited was incorporated in 1946 and is based in Mumbai, India.

Company Details

Symbol:MEAPL
Industry:Civil Construction
Sector:Civil Construction

Key Leadership

Mr. Fattehsingh Krishnrao Patil
Managing Director
Mr. Jashandeep Singh
Whole-Time Director
Ms. Francisca Rosario
Chief Financial Officer

MEAPL Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)25.90%
Return on Capital Employed20.54%
Operating Profit Margin (5Y)4.89%
Debt to Equity Ratio0.12
Interest Coverage Ratio18.79

Growth & Valuation

Sales Growth (5Y)336.99%
Profit Growth (5Y)118.44%
EPS Growth (5Y)118.57%
YoY Quarterly Profit Growth600.00%
YoY Quarterly Sales Growth1.05%

Frequently Asked Questions

What is the current price of Modern Engineering and Projects Limited (MEAPL)?

As of 29 Jan 2026, 10:37 am IST, Modern Engineering and Projects Limited (MEAPL) is currently trading at ₹30.34. The stock has a market capitalization of ₹51.25 (Cr).

Is MEAPL share price Overvalued or Undervalued?

MEAPL is currently trading at a P/E ratio of 4.88x, compared to the industry average of 18.93x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.

What factors affect the Modern Engineering and Projects Limited share price?

Key factors influencing MEAPL's price include its quarterly earnings growth (Sales Growth: 1.05%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Modern Engineering and Projects Limited a good stock for long-term investment?

Modern Engineering and Projects Limited shows a 5-year Profit Growth of 118.44% and an ROE of 25.90%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.12 before investing.

How does Modern Engineering and Projects Limited compare with its industry peers?

Modern Engineering and Projects Limited competes with major peers in the Civil Construction. Investors should compare MEAPL's P/E of 4.88x and ROE of 25.90% against the industry averages to determine its competitive standing.

What is the P/E ratio of MEAPL and what does it mean?

MEAPL has a P/E ratio of 4.88x compared to the industry average of 18.93x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹5 for every ₹1 of annual earnings.

How is MEAPL performing according to Bull Run's analysis?

MEAPL has a Bull Run fundamental score of 58.1/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does MEAPL belong to?

MEAPL operates in the Civil Construction industry. This classification helps understand the competitive landscape and sector-specific trends affecting Modern Engineering and Projects Limited.

What is Return on Equity (ROE) and why is it important for MEAPL?

MEAPL has an ROE of 25.90%, which indicates excellent management efficiency and profitable operations. Return on Equity measures how efficiently Modern Engineering and Projects Limited generates profits from shareholders' equity.

How is MEAPL's debt-to-equity ratio and what does it indicate?

MEAPL has a debt-to-equity ratio of 0.12, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.

What is MEAPL's dividend yield and is it a good dividend stock?

MEAPL offers a dividend yield of 0.00%, which means you receive ₹0.00 annual dividend for every ₹100 invested.

How has MEAPL grown over the past 5 years?

MEAPL has achieved 5-year growth rates of: Sales Growth 336.99%, Profit Growth 118.44%, and EPS Growth 118.57%.

What is the promoter holding in MEAPL and why does it matter?

Promoters hold 33.29% of MEAPL shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is MEAPL's market capitalization category?

MEAPL has a market capitalization of ₹51 crores, placing it in the Small-cap category.

How volatile is MEAPL stock?

MEAPL has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for MEAPL?

MEAPL has a 52-week high of ₹N/A and low of ₹N/A.

What is MEAPL's operating profit margin trend?

MEAPL has a 5-year average Operating Profit Margin (OPM) of 4.89%, indicating the company's operational efficiency.

How is MEAPL's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of 1.05% and YoY Profit Growth of 600.00%.

What is the institutional holding pattern in MEAPL?

MEAPL has FII holding of 7.47% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the stock.