MEHAI
Mehai Technology financials
- Market cap
- ₹104 Cr
Quarterly results
Q1 FY27: revenue up 19.7%, net profit up 13.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 55 | 52 | 18 | 22 +116% | 22 −59% | 62 +18% | 22 +20% |
| EBITDA | 1 | 9 | 2 | 3 | 4 +150% | 4 −56% | 5 +112% | 3 +21% |
| Net profit | 1 | 6 | 1 | 1 | 2 +130% | 2 −65% | 3 +180% | 1 +14% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −85.2% 1Y
1Y: ₹7.98 on 10 Sept 2025 → ₹1.18. High ₹9.93 (26 Sept 2025), low ₹1.13 (30 Mar 2026).
Financials, as filed
Revenue grew 187.8% a year over 2 years, FY24 to FY26. Operating margin widened to 12.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹15 Cr | ₹119 Cr | ₹124 Cr |
| Operating profit | ₹2 Cr | ₹13 Cr | ₹15 Cr |
| Operating margin | 10.8% | 11.1% | 12.4% |
| Interest | ₹1 Cr | ₹2 Cr | ₹5 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹1 Cr | ₹8 Cr | ₹8 Cr |
| Net margin | 3.9% | 6.3% | 6.2% |
| Cash from operations | ₹2 Cr | ₹-22 Cr | ₹14 Cr |
| Free cash flow | ₹-35 Cr | ₹-56 Cr | ₹-18 Cr |
| ROCE | 6.0% | 14.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹20 Cr | ₹38 Cr | ₹75 Cr |
| Reserves | ₹2 Cr | ₹3 Cr | ₹23 Cr | ₹103 Cr | ₹144 Cr |
| Borrowings | ₹0 Cr | ₹1 Cr | ₹9 Cr | ₹51 Cr | ₹64 Cr |
| Other liabilities | ₹1 Cr | ₹3 Cr | ₹6 Cr | ₹15 Cr | ₹16 Cr |
| Total liabilities | ₹14 Cr | ₹18 Cr | ₹57 Cr | ₹207 Cr | ₹299 Cr |
| Fixed assets | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹5 Cr | ₹11 Cr |
| Capital work in progress | ₹0 Cr | ₹4 Cr | ₹13 Cr | ₹19 Cr | ₹19 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Other assets | ₹13 Cr | ₹12 Cr | ₹42 Cr | ₹182 Cr | ₹269 Cr |
| Total assets | ₹14 Cr | ₹18 Cr | ₹57 Cr | ₹207 Cr | ₹299 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters trimmed −17.76 pp while the public added +17.75 pp. The shareholder count grew 122% to 23,307.
- Promoters
- 36.5%
- Public
- 63.5%
Since Jun 2025
- Promoters −17.76 pp
- Public +17.75 pp
How it drifted, 12 quarters
Over this window promoters fell from 52.2% to 36.5% — −15.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 52.2%, Public 47.9%.Dec '23: Promoters 52.2%, Public 47.8%.Mar '24: Promoters 52.2%, Public 47.9%.Jun '24: Promoters 56.3%, Public 43.7%.Sep '24: Promoters 56.3%, Public 43.7%.Dec '24: Promoters 55.8%, Public 44.2%.Mar '25: Promoters 52.5%, Public 47.5%.Jun '25: Promoters 54.2%, Public 45.8%.Sep '25: Promoters 54.2%, Public 45.8%.Dec '25: Promoters 36.8%, Public 63.2%.Mar '26: Promoters 36.5%, Public 63.5%.Jun '26: Promoters 36.5%, Public 63.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mehai Technology Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Dynamic Services & Security Limited | 36.45% | unchanged |
| Pushpa Bhaju | 2.94% | unchanged |
| Durga Prasad Shaw | 1.50% | unchanged |
| Sandip Rathi | 1.34% | unchanged |
| Sankar Kumar Saha | 1.34% | unchanged |
| Debasish Saha | 1.34% | unchanged |
| Abdul Rashid | 1.34% | unchanged |
| Dinesh Prasad Gond | 1.34% | unchanged |
| Sanjay Jaiswal | 1.33% | unchanged |
| Ravindra N Sakla | 1.24% | unchanged |
| Amar Ghosh | 1.23% | unchanged |
| Pushpender Jain | — | off the list |
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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