MBL Infrastructure Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹99.96Undervalued by 378.28%vs CMP ₹20.90

P/E (15.0) × ROE (12.8%) × BV (₹63.80) × DY (2.00%)

Defaults: P/E=15

₹66.52Undervalued by 218.28%vs CMP ₹20.90
MoS: +68.6% (Strong)Confidence: 48/100 (Moderate)Models: 5 Under, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹70.3022%Under (+236.4%)
Graham NumberEarnings₹140.9017%Under (+574.2%)
DCFCash Flow₹46.7117%Under (+123.5%)
Net Asset ValueAssets₹64.019%Under (+206.3%)
EV/EBITDAEnterprise₹6.8411%Over (-67.3%)
Earnings YieldEarnings₹138.309%Under (+561.7%)
ROCE CapitalReturns₹3.709%Over (-82.3%)
Revenue MultipleRevenue₹8.417%Over (-59.8%)
Consensus (8 models)₹66.52100%Undervalued
Key Drivers: EPS CAGR -29.7% drags value — could be higher if earnings stabilize. | Wide model spread (₹4–₹141) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -29.7% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

MBL Infrastructure Ltd operates in the Construction, Contracting & Engineering segment, current market price is ₹20.90, market cap is 318 Cr.. At a glance, ROE is 12.8 %, ROCE is 5.67 %, book value is 63.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹66.52, which is about 218.3% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹128 Cr versus the prior period change of 4.9%, while latest net profit is about ₹169 Cr with a prior-period change of 533.3%. The 52-week range shown on this page is 56.0/17.5, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMBL Infrastructure Ltd. is a Public Limited Listed company incorporated on 25/08/1995 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L271…

This summary is generated from the stock page data available for MBL Infrastructure Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

48
MBL Infrastructure Ltd scores 48/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health30/100 · Weak
ROCE 5.7% WeakROE 12.8% GoodD/E 1.43 High debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 0.53% MF sellingPromoter holding at 74.0% Stable
Earnings Quality65/100 · Strong
OPM expanding (28% → 39%) Improving
Quarterly Momentum70/100 · Strong
Revenue (4Q): +52% YoY AcceleratingProfit (4Q): -130% YoY DecliningOPM: -2.3% (up 119.2% YoY) Margin expansion
Industry Rank30/100 · Weak
ROCE 5.7% vs industry 16.4% Below peers3Y sales CAGR: -8% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:20 am

Market Cap 318 Cr.
Current Price 20.9
Intrinsic Value₹66.52
High / Low 56.0/17.5
Stock P/E
Book Value 63.8
Dividend Yield0.00 %
ROCE5.67 %
ROE12.8 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for MBL Infrastructure Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
MBL Infrastructure Ltd 318 Cr. 20.9 56.0/17.5 63.80.00 %5.67 %12.8 % 10.0
Atal Realtech Ltd 279 Cr. 22.7 32.6/13.271.5 5.660.00 %10.8 %6.74 % 2.00
Gayatri Projects Ltd 270 Cr. 14.4 14.9/5.601.30 77.00.00 %7.99 %% 2.00
Emami Realty Ltd 255 Cr. 58.2 136/48.2 33.00.00 %1.92 %% 2.00
Shradha Infraprojects Ltd 250 Cr. 30.8 72.1/26.311.9 19.81.62 %9.54 %12.7 % 2.00
Industry Average3,374.20 Cr159.1236.56125.440.20%16.37%21.40%21.58

All Competitor Stocks of MBL Infrastructure Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 39.4643.1244.7520.9432.6824.0433.7532.9530.4531.1727.6974.3250.70
Expenses 36.20108.8261.0341.7256.3343.2059.5968.3767.4338.2249.5070.8851.85
Operating Profit 3.26-65.70-16.28-20.78-23.65-19.16-25.84-35.42-36.98-7.05-21.813.44-1.15
OPM % 8.26%-152.37%-36.38%-99.24%-72.37%-79.70%-76.56%-107.50%-121.44%-22.62%-78.76%4.63%-2.27%
Other Income 21.3976.9635.2331.4435.5728.81272.3981.5633.1111.3935.1128.5815.37
Interest 8.097.967.537.196.236.586.517.9411.2638.1011.9711.929.69
Depreciation 18.3419.8719.0814.5714.9814.4516.2214.4015.5814.3213.7712.4514.04
Profit before tax -1.78-16.57-7.66-11.10-9.29-11.38223.8223.80-30.71-48.08-12.447.65-9.51
Tax % 517.42%-69.70%0.00%-0.09%0.00%-0.79%0.00%-0.04%-0.10%-1.29%0.08%-0.13%-1.37%
Net Profit -10.99-5.02-7.66-11.09-9.29-11.29223.8223.81-30.68-47.46-12.457.66-9.38
EPS in Rs -1.05-0.48-0.73-1.06-0.89-1.0820.391.99-2.56-3.87-0.820.50-0.61

Last Updated: March 3, 2026, 9:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 12:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,7661,9622,3432,281511154213203164159122128184
Expenses 1,5741,7182,0792,259454224267991331027083210
Operating Profit 1922432632257-70-5410432585345-27
OPM % 11%12%11%1%11%-46%-25%51%19%36%43%35%-14%
Other Income 431938230-1973871299614213139890
Interest 80107138159252196716211617816021472
Depreciation 14203327232055966772636155
Profit before tax 103119112-12612-306212-25-55-51-39169-62
Tax % 25%31%22%-49%-58%-14%-25%-357%-100%-0%-0%-0%
Net Profit 778287-6419-264265630-51-39169-62
EPS in Rs 22.0019.6620.95-15.485.47-25.1925.326.050.01-4.82-3.7513.83-4.80
Dividend Payout % 7%8%7%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222023-20242024-2025
YoY Net Profit Growth (%)6.49%6.10%-173.56%129.69%-1489.47%200.38%-76.23%-100.00%23.53%533.33%
Change in YoY Net Profit Growth (%)0.00%-0.40%-179.66%303.25%-1619.16%1689.85%-276.61%-23.77%123.53%509.80%

MBL Infrastructure Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:-24%
5 Years:-10%
3 Years:-8%
TTM:10%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-131%
Stock Price CAGR
10 Years:-16%
5 Years:36%
3 Years:32%
1 Year:-37%
Return on Equity
10 Years:-4%
5 Years:-4%
3 Years:-8%
Last Year:-13%

Last Updated: Unknown

Balance Sheet

Last Updated: December 4, 2025, 1:38 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 1821414141105105105105105105123153
Reserves 451636700633654387652715732681642826821
Borrowings 8281,1041,4331,9341,3791,4371,2531,2481,2041,1391,036955956
Other Liabilities 3814584602997701,0359939559751,0311,1031,0961,073
Total Liabilities 1,6772,2192,6352,9072,8442,9633,0033,0233,0162,9562,8863,0003,003
Fixed Assets 214217247224180964910837770698683633607
CWIP 376541761860725014173447000
Investments 2024240000000000
Other Assets 1,0681,4371,6031,8231,9391,9992,0792,1692,2122,2112,2032,3672,396
Total Assets 1,6772,2192,6352,9072,8442,9633,0033,0233,0162,9562,8863,0003,003

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 122-63102-32283277-634-16774846
Cash from Investing Activity + -206-193-337-78-60-78-13-26-16-111-8
Cash from Financing Activity + 78265164392-22-20327352-74-57-44
Net Cash Flow -69-71-80-381120-8-8-6
Free Cash Flow -85-252-243-41216199-198-33634744
CFO/OP 71%-19%45%-1,404%152%-392%10%33%-44%136%88%88%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-636.00242.00262.0021.0056.00-71.00-55.00103.0031.0057.0052.00-910.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 6674102397422712791124287344321
Inventory Days 148195152562519438
Days Payable 48556322444551915519
Cash Conversion Cycle 16621319121-307-273-694-389124287344321
Working Capital Days 526246-173-145-896-800-730-937-1,018-1,604-1,422
ROCE %15%15%13%1%4%-0%-0%6%3%6%7%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 68.48%68.27%68.27%68.25%67.39%68.84%71.45%71.45%69.74%74.01%74.01%74.01%
FIIs 0.00%0.00%0.00%0.01%0.00%0.04%0.00%0.04%0.04%0.02%0.02%0.01%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.54%0.53%0.43%0.43%0.00%
Public 31.52%31.73%31.73%31.74%32.60%31.11%28.54%27.97%29.69%25.55%25.56%25.98%
No. of Shareholders 21,28320,54918,97718,30119,88726,00325,93225,42124,92025,06825,21224,699

Shareholding Pattern Chart

No. of Shareholders

MBL Infrastructure Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 19.21-3.75-4.820.016.05
Diluted EPS (Rs.) 19.21-3.75-4.820.016.05
Cash EPS (Rs.) 18.772.272.066.4215.19
Book Value[Excl.RevalReserv]/Share (Rs.) 77.3971.2975.0379.8578.29
Book Value[Incl.RevalReserv]/Share (Rs.) 77.3971.2975.0379.8578.29
Revenue From Operations / Share (Rs.) 10.4711.6915.2215.6919.36
PBDIT / Share (Rs.) 0.944.965.214.569.91
PBIT / Share (Rs.) -4.00-1.07-1.67-1.840.77
PBT / Share (Rs.) 13.78-3.76-4.84-5.25-2.35
Net Profit / Share (Rs.) 13.83-3.75-4.820.016.05
NP After MI And SOA / Share (Rs.) 13.83-3.75-4.820.016.05
PBDIT Margin (%) 8.9842.4034.2629.0851.19
PBIT Margin (%) -38.17-9.12-11.00-11.744.01
PBT Margin (%) 131.56-32.21-31.84-33.45-12.14
Net Profit Margin (%) 132.08-32.12-31.690.0831.24
NP After MI And SOA Margin (%) 132.08-32.12-31.690.0831.24
Return on Networth / Equity (%) 17.87-5.26-6.420.017.72
Return on Capital Employeed (%) -2.22-0.54-0.80-0.850.35
Return On Assets (%) 5.65-1.36-1.700.002.09
Long Term Debt / Equity (X) 0.951.211.221.181.28
Total Debt / Equity (X) 1.011.461.451.451.43
Asset Turnover Ratio (%) 0.040.040.020.020.05
Current Ratio (X) 0.390.390.470.500.44
Quick Ratio (X) 0.390.380.460.500.44
Inventory Turnover Ratio (X) 87.990.000.000.000.00
Interest Coverage Ratio (X) 0.191.841.641.342.46
Interest Coverage Ratio (Post Tax) (X) -0.79-0.39-0.521.002.28
Enterprise Value (Cr.) 1491.661629.271260.551425.151357.82
EV / Net Operating Revenue (X) 11.6213.317.918.676.69
EV / EBITDA (X) 129.3831.3923.0829.8113.08
MarketCap / Net Operating Revenue (X) 4.334.640.961.551.03
Price / BV (X) 0.580.760.190.300.25
Price / Net Operating Revenue (X) 4.334.640.961.551.03
EarningsYield 0.30-0.06-0.320.000.30

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

MBL Infrastructure Ltd. is a Public Limited Listed company incorporated on 25/08/1995 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L27109DL1995PLC338407 and registration number is 073700. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company's Total Operating Revenue is Rs. 85.56 Cr. and Equity Capital is Rs. 122.53 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringBaani Corporate One 308, 3rd Floor, Plot No. 5, New Delhi Delhi 110025Contact not found
Management
NamePosition Held
Mr. Anjanee Kumar LakhotiaChairman & Managing Director
Mr. Surender AggarwalExecutive Director
Mr. Ranjit DattaIndependent Director
Mr. Ram Dayal ModiIndependent Director
Mr. Dinesh Kumar SainiIndependent Director
Ms. Megha SinghIndependent Director

FAQ

What is the intrinsic value of MBL Infrastructure Ltd and is it undervalued?

As of 22 April 2026, MBL Infrastructure Ltd's intrinsic value is ₹66.52, which is 218.28% higher than the current market price of ₹20.90, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (12.8 %), book value (₹63.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of MBL Infrastructure Ltd?

MBL Infrastructure Ltd is trading at ₹20.90 as of 22 April 2026, with a FY2026-2027 high of ₹56.0 and low of ₹17.5. The stock is currently near its 52-week low. Market cap stands at ₹318 Cr..

How does MBL Infrastructure Ltd's P/E ratio compare to its industry?

MBL Infrastructure Ltd has a P/E ratio of , which is below the industry average of 36.56. This is broadly in line with or below the industry average.

Is MBL Infrastructure Ltd financially healthy?

Key indicators for MBL Infrastructure Ltd: ROCE of 5.67 % is on the lower side compared to the industry average of 16.37%. Dividend yield is 0.00 %.

Is MBL Infrastructure Ltd profitable and how is the profit trend?

MBL Infrastructure Ltd reported a net profit of ₹169 Cr in Mar 2025 on revenue of ₹128 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does MBL Infrastructure Ltd pay dividends?

MBL Infrastructure Ltd has a dividend yield of 0.00 % at the current price of ₹20.90. The company is currently not paying meaningful dividends.

Last Updated: April 2, 2026, 3:20 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in MBL Infrastructure Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE