Mewar Hi-Tech Engineering Ltd

Mewar Hi-Tech Engineering Ltd (MHEL) is a micro-cap Construction company valued at ₹25 crore operating in Civil Construction on the NSE and BSE.

Recent price move

Mewar Hi-Tech Engineering Ltd last traded at ₹63.66, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest financials, showing a net profit of ₹1 crore for the quarter, which marks a significant drop from the ₹3 crore recorded in the same quarter the previous year. The company's financial performance has been inconsistent, with net profit turning negative in the previous quarters and only recovering to ₹1 crore in the latest quarter.

Financial performance

The company's business has declined over the past year, with revenue falling 6.5% to ₹47 crore and net profit dropping 69.1% to ₹1 crore. The latest quarter shows a sharper decline, with revenue down 5.9% and net profit falling 78.2% compared to the same quarter a year earlier. Margins have also deteriorated, with the net profit margin narrowing 3.8 percentage points to 1.9%.

Valuation multiples

The stock trades at 28.3 times earnings, 1.72 times book value.

Things to watch

The company's net profit margin has fallen to 1.9%, a 3.8 percentage point decline from the prior year. The debt to equity ratio stands at 1.86, indicating a high level of leverage. The stock is 34.8% below its 52-week high, reflecting a significant drop in value.

Where it stands

Mewar Hi-Tech Engineering Ltd has seen a sharp decline in profitability, with net profit falling 69.1% annually and 78.2% in the latest quarter. The company's debt to equity ratio remains high at 1.86, and the stock is 34.8% below its 52-week high. The most significant movement is the sharp drop in net profit, which highlights ongoing challenges in the business.

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.