MTPL
MARG TECHNO PROJECTS financials
- Market cap
- ₹39 Cr
Quarterly results
Q1 FY27: revenue up 95.3%, net profit up 1175.0% 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 | 1 | 1 | 2 | 1 | 2 +48% | 2 +11% | 3 +41% | 3 +95% |
| Net profit | 0 | 0 | 0 | 0 | 0 +333% | 0 +12% | 1 +216% | 1 +1175% |
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 −81.4% 1Y
1Y: ₹49.9 on 9 Sept 2025 → ₹9.3. High ₹50.85 (21 Oct 2025), low ₹9.3 (10 Sept 2026).
Financials, as filed
Revenue grew 17.0% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹5 Cr | ₹5 Cr | ₹7 Cr |
| Interest | ₹2 Cr | ₹2 Cr | ₹3 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Net margin | 2.8% | 7.9% | 14.5% |
| Cash from operations | ₹-1 Cr | ₹-4 Cr | ₹-23 Cr |
| Free cash flow | ₹-1 Cr | ₹-4 Cr | ₹-23 Cr |
| ROE | 1.5% | 3.3% | 4.2% |
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 | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹10 Cr | ₹14 Cr |
| Reserves | ₹-0 Cr | ₹0 Cr | ₹1 Cr | ₹6 Cr | ₹3 Cr | ₹20 Cr |
| Borrowings | ₹30 Cr | ₹22 Cr | ₹18 Cr | ₹17 Cr | — | ₹27 Cr |
| Other liabilities | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Total liabilities | ₹36 Cr | ₹29 Cr | ₹26 Cr | ₹31 Cr | ₹37 Cr | ₹62 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹35 Cr | ₹28 Cr | ₹25 Cr | ₹31 Cr | ₹37 Cr | ₹62 Cr |
| Total assets | ₹36 Cr | ₹29 Cr | ₹26 Cr | ₹31 Cr | ₹37 Cr | ₹62 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 Jul 2026
Since Jun 2025, promoters trimmed −14.38 pp while FIIs added +9.22 pp. The shareholder count grew 52% to 2,194.
- Promoters
- 29.3%
- FIIs
- 9.2%
- DIIs
- 6.4%
- Public
- 55.1%
Since Jun 2025
- Promoters −14.38 pp
- FIIs +9.22 pp
- DIIs +6.40 pp
How it drifted, 12 quarters
Over this window promoters fell from 72.8% to 29.3% — −43.5 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 72.8%, Public 27.2%.Mar '24: Promoters 72.8%, Public 27.2%.Jun '24: Promoters 62.2%, Public 37.8%.Sep '24: Promoters 72.8%, Public 27.2%.Dec '24: Promoters 72.8%, Public 27.2%.Mar '25: Promoters 43.7%, Public 56.3%.Jun '25: Promoters 43.7%, Public 56.3%.Sep '25: Promoters 43.7%, Public 56.3%.Dec '25: Promoters 43.7%, Public 56.3%.Mar '26: Promoters 48.4%, Public 51.6%.Jun '26: Promoters 48.4%, FIIs 2.5%, Public 49.1%.Jul '26: Promoters 29.3%, FIIs 9.2%, DIIs 6.4%, Public 55.1%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pine Oak Global Fund FPI fund +6.73 pp 9.22% held
- M/S. Akshay Ashok Patel newly disclosed 6.40% held
- M/S. Hancshi Tradelinkk Llp . newly disclosed 6.40% held
- Akalpya India Investment Trust- Akalpya India Equity Fund AIF newly disclosed 6.40% held
- Ketan Mahendrakumar Chalishazar newly disclosed 3.85% held
- Mr Pankajkumar Parasmalji Sanghvi newly disclosed 1.92% held
- Savitaben Parasmal Sanghvi newly disclosed 1.28% held
- Shaunak Jagdish Shah newly disclosed 1.06% held
The same filing shows 7 holders trimming and 9 off the list — both are in the register beside this.
Who is on the register
Named in the Jul 2026 filing
Every holder of MARG TECHNO PROJECTS LIMITED above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Arun Madhavan Nair | 10.41% | −4.59 pp |
| Akhil Nair | 10.27% | −3.94 pp |
| Pine Oak Global Fund FPI fund | 9.22% | +6.73 pp |
| Madhavan Kakkat Nair | 6.97% | −3.22 pp |
| M/S. Akshay Ashok Patel | 6.40% | newly disclosed |
| M/S. Hancshi Tradelinkk Llp . | 6.40% | newly disclosed |
| Akalpya India Investment Trust- Akalpya India Equity Fund AIF | 6.40% | newly disclosed |
| Ketan Mahendrakumar Chalishazar | 3.85% | newly disclosed |
| Madhubhai Nanjibhai Vekaria | 2.11% | −9.51 pp |
| Vasantbhai Lavjibhai Mangrolia | 1.98% | −8.94 pp |
| Mr Pankajkumar Parasmalji Sanghvi | 1.92% | newly disclosed |
| Savitaben Parasmal Sanghvi | 1.28% | 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.
Learn to analyse MARG TECHNO PROJECTS LIMITED
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