Modern Engineering and Projects Ltd

Modern Engineering and Projects Ltd (MEAPL) is a micro-cap Construction company valued at ₹42 crore operating in Civil Construction on the NSE and BSE.

Recent price move

Modern Engineering and Projects Ltd last traded at ₹27.06, sharply down 5.58% on the day.

Recent developments

2026-06-30: The company reported a net profit of ₹1 crore for the latest quarter, down 62.4% from ₹2 crore in the same quarter a year earlier. 2026-06-30: Foreign institutional holding decreased by 0.73 percentage points to 6.51%, while promoter holding remained at 33.29%.

Financial performance

The company's annual revenue rose 25.3% to ₹120 crore, while net profit increased 16.5% to ₹8 crore. However, the net profit margin narrowed by 0.5 percentage points to 7.1%, and the latest quarter saw revenue and net profit both fall sharply compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 4.9 times earnings, 0.60 times book value.

Things to watch

The latest quarter's revenue and net profit both fell significantly compared to the same quarter a year earlier. The net profit margin has declined over the past year, and the stock is 40.2% below its 52-week high.

Where it stands

The company's annual revenue and net profit have grown over the past year, but recent quarterly results show a sharp decline. The stock is trading 40.2% below its 52-week high, and the net profit margin has narrowed.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.