MITCON
MITCON Consultancy & Engineering Services financials
- Market cap
- ₹142 Cr
- Sector
- Services
What MITCON Consultancy & Engineering Services Limited does
MITCON Consultancy & Engineering Services Limited is a Pune-based engineering consultancy and vocational-training company, operating branch offices in cities including Mumbai, Delhi, Bengaluru, Nagpur, Ahmedabad, Nanded, Nashik, Amravati and GIFT City-Gandhinagar, plus 46 skill-training centers spread across 13 Indian states. Alongside its core consultancy business, the company has built bio-based circular-economy capabilities: a 5 tonnes-per-day biochar pyrolysis plant, a biodiesel-from-used-cooking-oil production unit, microbial bioremediation of industrial effluent, biogas and bio-hydrogen production from biomass/spent wash, and AI-based precision agriculture advisory services. It also operates through group subsidiaries — MITCON Credentia Trusteeship Services Limited (trusteeship services), PlanatEye Farm-Ai Limited (agri-tech) and Shrikhande Consultants Limited.
Segments
- Consultancy & Engineering Services
- Skill Training
- Bio-based Circular Solutions
- Trusteeship Services
- Agri-tech / Precision Farming
- Skill-training centers
- 46 across 13 Indian states (Maharashtra-24, Karnataka-4, Madhya Pradesh-4, Rajasthan-3, Gujarat-2, Chhattisgarh-2, others 1 each)
- Branch/regional offices
- 12 locations (Pune HQ, Mumbai, Delhi, Bengaluru, Nagpur, Ahmedabad, Nanded, Amravati, GIFT City-Gandhinagar, Vashi, Nashik, Agri office)
- Biochar pyrolysis plant capacity
- 5 tonnes/day (TPD)
- Biodiesel production unit
- 1 plant, from Used Cooking Oil, at MITCON premises
- Group subsidiaries
- 3 (MITCON Credentia Trusteeship Services, PlanatEye Farm-Ai, Shrikhande Consultants)
- States with training-center presence
- 13
Quarterly results
Q1 FY27: revenue up 176.6%, net profit up 129.2% 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 | 28 | 22 | 38 | 24 | 29 +6% | 27 +19% | 45 +19% | 68 +177% |
| EBITDA | 7 | 6 | 7 | 6 | 6 −22% | 7 +8% | 12 +65% | 8 +19% |
| Net profit | 2 | 0 | 2 | 1 | 1 −36% | 2 +310% | 6 +232% | 3 +129% |
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 +23.0% 1Y
1Y: ₹65.18 on 10 Sept 2025 → ₹80.15. High ₹89.98 (5 Jun 2026), low ₹51.92 (13 Mar 2026).
Financials, as filed
Revenue fell 1.5% a year over 2 years, FY24 to FY26. Operating margin widened to 24.5%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹129 Cr | ₹113 Cr | ₹126 Cr |
| Operating profit | ₹28 Cr | ₹28 Cr | ₹31 Cr |
| Operating margin | 21.5% | 24.8% | 24.5% |
| Interest | ₹14 Cr | ₹14 Cr | ₹11 Cr |
| Depreciation | ₹8 Cr | ₹9 Cr | ₹10 Cr |
| Net profit | ₹6 Cr | ₹7 Cr | ₹9 Cr |
| Net margin | 4.4% | 5.8% | 7.5% |
| Cash from operations | ₹24 Cr | ₹21 Cr | ₹17 Cr |
| Free cash flow | ₹-32 Cr | ₹10 Cr | ₹8 Cr |
| ROCE | 10.0% | 9.0% | 9.0% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹17 Cr | ₹17 Cr |
| Reserves | ₹75 Cr | ₹80 Cr | ₹88 Cr | ₹102 Cr | ₹134 Cr | ₹140 Cr |
| Borrowings | ₹83 Cr | ₹88 Cr | ₹115 Cr | ₹144 Cr | ₹104 Cr | ₹99 Cr |
| Other liabilities | ₹27 Cr | ₹34 Cr | ₹31 Cr | ₹52 Cr | ₹45 Cr | ₹65 Cr |
| Total liabilities | ₹199 Cr | ₹215 Cr | ₹248 Cr | ₹312 Cr | ₹300 Cr | ₹322 Cr |
| Fixed assets | ₹110 Cr | ₹118 Cr | ₹129 Cr | ₹158 Cr | ₹162 Cr | ₹161 Cr |
| Capital work in progress | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹8 Cr | ₹5 Cr | ₹7 Cr |
| Investments | ₹4 Cr | ₹8 Cr | ₹28 Cr | ₹40 Cr | ₹5 Cr | ₹4 Cr |
| Other assets | ₹85 Cr | ₹88 Cr | ₹89 Cr | ₹106 Cr | ₹128 Cr | ₹149 Cr |
| Total assets | ₹199 Cr | ₹215 Cr | ₹248 Cr | ₹312 Cr | ₹300 Cr | ₹322 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, FIIs added +2.14 pp while the public trimmed −1.70 pp. The shareholder count shrank 9% to 4,863.
- FIIs
- 20.1%
- DIIs
- 1.7%
- Government
- 4.7%
- Public
- 73.5%
Since Jun 2025
- FIIs +2.14 pp
- Public −1.70 pp
- DIIs −0.51 pp
How it drifted, 12 quarters
Over this window FIIs went from 16.9% to 20.1% — +3.2 pp.
Ownership split by quarter, oldest first. Sep '23: FIIs 16.9%, DIIs 3.4%, Government 6.1%, Public 73.6%.Dec '23: FIIs 16.9%, DIIs 3.4%, Government 6.1%, Public 73.6%.Mar '24: FIIs 16.9%, DIIs 3.4%, Government 6.1%, Public 73.6%.Jun '24: FIIs 16.8%, DIIs 2.2%, Government 6.1%, Public 74.8%.Sep '24: FIIs 17.2%, DIIs 2.2%, Government 4.6%, Public 75.9%.Dec '24: FIIs 17.2%, DIIs 2.2%, Government 4.6%, Public 75.9%.Mar '25: FIIs 17.3%, DIIs 2.2%, Government 4.6%, Public 75.8%.Jun '25: FIIs 17.9%, DIIs 2.2%, Government 4.6%, Public 75.2%.Sep '25: FIIs 18.2%, DIIs 1.7%, Government 4.7%, Public 75.4%.Dec '25: FIIs 18.2%, DIIs 1.7%, Government 4.7%, Public 75.4%.Mar '26: FIIs 18.2%, DIIs 1.7%, Government 4.7%, Public 75.3%.Jun '26: FIIs 20.1%, DIIs 1.7%, Government 4.7%, Public 73.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Coeus Global Opportunities Fund FPI fund +1.44 pp 9.52% held
- Neptune Alpha Fund FPI fund +0.41 pp 9.94% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of MITCON Consultancy & Engineering Services Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Beesley Consultancy Private Limited | 15.87% | unchanged |
| Neptune Alpha Fund FPI fund | 9.94% | +0.41 pp |
| Coeus Global Opportunities Fund FPI fund | 9.52% | +1.44 pp |
| Acaipl Investment & Financialservices Private Limited | 7.62% | unchanged |
| Ajay Arjunlal Agarwal | 6.72% | unchanged |
| Hasmukh Ravji Savla | 4.29% | unchanged |
| Ajita Agarwal | 2.58% | unchanged |
| Suryajyoti Multitrading Private Limited | 2.17% | unchanged |
| Jigar Hasmukh Savla | 1.99% | unchanged |
| Edc Limited | 1.84% | unchanged |
| Maharashtra Industrial Dev. Corn. | 1.72% | unchanged |
| Maharashtra State Financial Corporation NBFC / DFI | 1.72% | unchanged |
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.
Learn to analyse MITCON Consultancy & Engineering Services Limited
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