Mason Infratech share price & results
- Mar 2026
- Mar 2026
Thane/Mumbai-based EPC civil contractor building high-rise residential and commercial towers for developers, under RCC and Lock & Key turnkey contracting models
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 79.0 | +5.3% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 26.0 | 0.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 15.0 | +25.0% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −19.3 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -45.80 | −44.9 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −2.2 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −58.3% 1Y
1Y: ₹201.65 on 24 Oct 2025 → ₹84. High ₹209 (12 Nov 2025), low ₹81.3 (26 Oct 2026).
- Previous close
- ₹81.3
- Market cap
- ₹248 Cr
- 52-week range
- ₹81.3 – ₹209
- One year
- −58.52%
- Price to earnings (FY ending Mar 2026)
- 11.52×
- Return on equity (FY ending Mar 2026)
- 18.48%
Overview
- Symbol
- NSE:MASON
- Sector
- Realty
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Mason Infratech Limited does
Based on the company's own presentations, annual report and earnings calls.
Mason Infratech is an Engineering, Procurement and Construction (EPC) contractor based in Thane, Maharashtra, that builds residential and commercial towers - including high-rises exceeding 150 metres - for developers across the Mumbai Metropolitan Region. It executes projects under three contracting models: Full Labour Oriented (FLO), where it supplies only labour and manages execution; Lock & Key, a turnkey model where it supplies all materials, labour and manages the entire construction process; and Part Material Full Labour (PMFL), a hybrid of the two. It owns core construction assets such as tower cranes, concrete pumps and aluminium formwork to control project timelines, and has taken minority equity stakes in two associate companies (Megastone Projects Pvt Ltd and Milestone Projects and Developers Pvt Ltd) to move from a pure contractor role toward development.
Segments
- RCC Business
- Lock & Key Business
- Ongoing projects
- 16 projects, 62,56,927 sq. ft. built-up area
- Project pipeline (built-up area)
- 3 projects, 30-35 lakh sq. ft.
- Core construction equipment
- 6 tower cranes, 6 concrete pumps, ~20,000 sq. m aluminium formwork
- Workforce
- 161 staff (Dec 2023)
- Associate company stakes
- 50% in Megastone Projects Pvt Ltd; 30% in Milestone Projects and Developers Pvt Ltd
- High-rise track record
- Towers exceeding 150 metres in height
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 3 fiscal years held (Mar 2024 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +25% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 25 | 69 | 37 | 75 | 52 | 79 |
| Expenses | 21 | 54 | 28 | 56 | 38 | 58 |
| Operating profit | 3 | 15 | 9 | 19 | 14 | 21 |
| Operating margin | 13.0% | 22.0% | 23.0% | 26.0% | 27.0% | 26.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | 3 |
| Interest | 0 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 2 | 14 | 6 | 16 | 10 | 20 |
| Tax rate | 27.0% | 28.0% | 25.0% | 25.0% | 25.0% | 27.0% |
| Net profit | 2 | 10 | 5 | 12 | 8 | 15 |
| EPS (₹ per share) | 1.82 | 7.67 | 2.68 | 7.05 | 3.47 | 6.21 |
| Line item | Nov 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 10 | 13 | 18 | 23 | 24 |
| Reserves | 3 | 10 | 49 | 117 | 143 |
| Borrowings | 12 | 16 | 45 | 49 | 83 |
| Other liabilities | 28 | 40 | 46 | 38 | 32 |
| Total liabilities | 53 | 78 | 158 | 227 | 282 |
| Fixed assets | 13 | 9 | 12 | 14 | 12 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 4 | 26 | 29 | 86 |
| Other assets | 40 | 65 | 120 | 183 | 183 |
| Total assets | 53 | 78 | 158 | 227 | 282 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from operations | 16 | 4 | -30 |
| Cash from investing | -5 | -40 | -70 |
| Cash from financing | -10 | 36 | 101 |
| Net cash flow | 1 | 0 | 2 |
| Free cash flow | 11 | -1 | -34 |
| Line item | Nov 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor days | 119 | 113 | 185 | 206 |
| Inventory days | 485 | 235 | 449 | 1101 |
| Days payable | 371 | 323 | 470 | 328 |
| Cash conversion cycle | 233 | 24 | 164 | 978 |
| Working capital days | 63 | -2 | 56 | 220 |
| Return on capital employed | — | — | 34.0% | 19.0% |
| Dividend payout | — | 3.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 52.60% as of Mar 2026; institutions cut 0.02 pts since Oct 2025.
- Promoters 52.60%
- Foreign institutions 0.00%
- Domestic institutions 5.89%
- Public 41.52%
Who bought this quarter
since Oct 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 3.02% held
- newly disclosed 1.54% held
- newly disclosed 1.50% held
- newly disclosed 1.32% held
- newly disclosed 1.28% held
- newly disclosed 1.04% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Mason Infratech Limited above SEBI's 1% disclosure line, and what changed since Oct 2025.
| Holder | Stake | Change |
|---|---|---|
| 19.34% | unchanged | |
| 17.03% | unchanged | |
| 8.60% | unchanged | |
| AIF | 3.17% | unchanged |
| 3.02% | newly disclosed | |
| 2.85% | unchanged | |
| 2.21% | unchanged | |
| AIF | 1.96% | unchanged |
| 1.54% | unchanged | |
| 1.54% | newly disclosed | |
| 1.50% | newly disclosed | |
| 1.32% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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