Meghna Infracon Infrastructure Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L68100MH2007PLC175208 Incorporated 19 October 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MIIL · BSE: 538668 Public Limited Company financial services
Data last updated
Market Cap
₹1,458 Cr
MIIL · NSE
Share Price
₹673.10
+0.31% today
Revenue
₹46.20 Cr
FY 2025-26 · +15.5% YoY
EBITDA
₹10.22 Cr
Margin 22.1%
Net Profit
₹5.38 Cr
FY 2025-26 · -41.8% YoY
P/E (TTM)
322.7x
P/B 53.6x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹21.72 Cr
Issued & subscribed

About Meghna Infracon Infrastructure Limited

Data last updated:

Meghna Infracon Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 19 October 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L68100MH2007PLC175208. Its GSTIN is 27AACCN6196R1ZJ (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 538668 and NSE: MIIL.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21.72 Cr. It was formerly known as Naysaa Securities Private Limited. It is led by directors including Vikram Jayantilal Lodha (Whole-Time Director) and Meghna Vikram Lodha (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 102/104 Shivam Chambers S. V. Road Goregaon (W), Mumbai, Maharashtra, India – 400062.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹46.2 Cr, a growth of 15.5% compared to the previous year. For the same year it recorded a net profit of ₹5.38 Cr (net margin 11.6%) and EBITDA of ₹10.22 Cr (EBITDA margin 22.1%). The net worth stands at ₹27.26 Cr (up 24.1% YoY). Total assets are valued at ₹49.34 Cr (up 271.5% YoY).

The company is associated with 2 brands: Naysaa Securities and Meghna Realty. The company has 72 deals on record (69 market trades, 1 secondary share transfer, 1 rights issue); the latest was in August 2025.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naysaasecurities.com.

Company details

CIN L68100MH2007PLC175208
Registration Number 175208
Incorporation Date 19 October 2007
ROC Mumbai
Listing Status Listed - Listed on NSE (MIIL); Listed on BSE (538668)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Meghna Infracon Infrastructure has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L68100MH2007PLC175208, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L68100MH2007PLC175208Current
L67120MH2007PLC175208Previous
U67120MH2007PTC175208Previous
U67120MH2007PLC175208Previous

Contact details

Meghna Infracon Infrastructure Limited's registered office is in Mumbai, Maharashtra. Its website is naysaasecurities.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    102/104 Shivam Chambers S. V. Road Goregaon (W), Mumbai, Maharashtra, India – 400062
  • Industry
    Financial Services, Advisory, Consultancy, Financial Brokerage

To see the full contact details of Meghna Infracon Infrastructure Limited, buy the company report.

Comprehensive company report
Meghna Infracon Infrastructure Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Meghna Infracon Infrastructure operates two associated brands: Naysaa Securities and Meghna Realty. Each brand links to its own profile.

BrandDescriptionWebsite
Stock brokerage services are offered in India.naysaasecurities.com
Real estate company focused on project completion servicesmeghnarealty.com

Business activity

The main business activity of Meghna Infracon Infrastructure is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Meghna Infracon Infrastructure Limited, buy the company report.

Financials of Meghna Infracon Infrastructure Limited

FY 2025-26 filings available

Meghna Infracon Infrastructure Limited reported revenue of ₹46.2 Cr (up 15.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹46.20 Cr
+15.5% YoY
EBITDA
₹10.22 Cr
-11.1% YoY
Profit After Tax
₹5.38 Cr
-41.8% YoY
Net Worth
₹27.26 Cr
+24.1% YoY
Total Assets
₹49.34 Cr
+271.5% YoY
Total Debt
₹22.44 Cr
+582.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24
Income statement
Revenue46.2040.0055.66
Revenue growth+15.5%-28.1%-
EBITDA10.2211.493.56
EBITDA margin+22.1%+28.7%+6.4%
Profit before tax9.5611.213.26
Net profit5.389.253.17
Net profit margin+11.7%+23.1%+5.7%
EPS (₹)2.488.502.92
Balance sheet
Total assets49.3413.2819.62
Net worth27.2621.9613.19
Total debt22.443.292.34
Cash & bank5.260.930.63
Net working capital46.9011.5119.33
Cash flow
Cash from operations(24.76)18.26-
Cash from investing(1.12)(1.88)-
Cash from financing30.20(16.08)-
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8.4318.488.468.7810.4712.129.973.29
Revenue growth (YoY)-19.5%+52.5%-15.2%+166.9%-27.8%---
Other income0.010.060.05(0.02)0.020.250.040.02
EBITDA0.922.764.061.342.043.794.940.53
EBITDA margin+10.9%+14.9%+48.0%+15.3%+19.5%+31.3%+49.5%+16.1%
Depreciation0.130.170.160.100.110.090.070.01
Interest0.140.090.090.030.030.010.010.28
Profit before tax0.662.563.861.191.923.944.900.26
Tax0.100.812.780.000.39(0.23)1.280.02
Net profit0.561.751.081.191.534.173.620.24
EPS (₹)0.250.920.440.481.283.613.130.28
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue7.6214.3354.9212.9810.661.7722.46
Revenue growth-46.8%-73.9%+323.1%+21.8%+502.3%-92.1%-
EBITDA4.382.833.42(1.63)0.311.00(1.07)
EBITDA margin+57.5%+19.8%+6.2%-12.6%+2.9%+56.5%-4.8%
Profit before tax6.499.983.24(1.95)0.480.960.34
Net profit5.419.233.17(2.08)0.410.400.28
Net profit margin+71.0%+64.4%+5.8%-16.0%+3.9%+22.6%+1.3%
EPS (₹)2.488.502.92(1.81)1.171.180.81
Balance sheet
Total assets32.4322.7913.8718.545.3211.879.97
Net worth27.2621.9613.1910.023.603.072.66
Total debt5.160.830.688.511.728.817.31
Cash & bank2.880.390.330.401.202.911.31
Net working capital26.083.8510.2618.154.029.554.66
Cash flow
Cash from operations(13.75)15.5911.23(16.66)4.00(2.43)4.61
Cash from investing12.15(15.53)(3.29)1.051.552.60(4.58)
Cash from financing4.090.00(8.01)14.81(7.26)1.43(0.25)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.826.370.000.141.113.365.210.00
Revenue growth (YoY)+64.0%+89.6%-100.0%--79.6%---
Other income0.24(2.18)1.671.891.393.801.620.64
Total expenses1.160.870.560.860.953.092.680.32
EBITDA0.665.50(0.56)(0.72)0.160.272.53(0.32)
EBITDA margin+36.3%+86.3%--514.3%+14.4%+8.0%+48.6%-
Depreciation0.130.170.160.100.110.090.070.01
Interest0.140.040.040.030.030.020.010.00
Profit before tax0.633.110.911.041.413.964.070.31
Tax0.101.11(0.03)0.000.010.030.680.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8.4318.488.468.7810.4712.129.973.29
Revenue growth (YoY)-19.5%+52.5%-15.2%+166.9%-27.8%---
Other income0.010.060.05(0.02)0.020.250.040.02
EBITDA0.922.764.061.342.043.794.940.53
EBITDA margin+10.9%+14.9%+48.0%+15.3%+19.5%+31.3%+49.5%+16.1%
Depreciation0.130.170.160.100.110.090.070.01
Interest0.140.090.090.030.030.010.010.28
Profit before tax0.662.563.861.191.923.944.900.26
Tax0.100.812.780.000.39(0.23)1.280.02
Net profit0.561.751.081.191.534.173.620.24
EPS (₹)0.250.920.440.481.283.613.130.28
ParticularsFY 2025-26FY 2024-25FY 2023-24
Revenue46.2040.0055.66
Revenue growth+15.5%-28.1%-
Other income0.120.230.02
Total expenses35.9828.5152.10
Employee cost0.000.430.27
EBITDA10.2211.493.56
EBITDA margin+22.1%+28.7%+6.4%
Depreciation0.540.180.06
Interest0.240.330.26
Profit before tax9.5611.213.26
Tax3.971.410.09
Net profit5.389.253.17
Net profit margin+11.7%+23.1%+5.7%
EPS (₹)2.488.502.92
ParticularsFY 2025-26FY 2024-25FY 2023-24
Equity & liabilities
Share capital21.7210.8610.86
Reserves & surplus5.5411.102.33
Shareholders' funds (net worth)27.2621.9613.19
Minority interest(0.37)(11.97)4.09
Secured loans8.290.831.09
Unsecured loans14.152.461.25
Total debt22.443.292.34
Total liabilities49.3413.2819.62
Assets
Gross block2.361.300.35
Net block1.570.970.11
Capital work in progress0.000.000.00
Investments0.520.480.00
Inventories34.3021.9115.74
Sundry debtors7.207.121.73
Cash & bank balances5.260.930.63
Loans & advances8.513.342.90
Total current assets55.2733.3021.00
Total current liabilities8.3721.791.67
Net working capital46.9011.5119.33
Total assets49.3413.2819.62
ParticularsFY 2025-26FY 2024-25FY 2023-24
Opening cash0.930.63-
Net cash from operating activities(24.76)18.26-
Net cash from investing activities(1.12)(1.88)-
Net cash from financing activities30.20(16.08)-
Net change in cash4.320.31-
Closing cash5.260.93-
ParticularsFY 2025-26FY 2024-25FY 2023-24
Growth
Sales growth+15.5%-28.1%-
EBITDA growth-11.1%+222.8%-
PBT growth-14.7%+243.9%+9997.0%
Net income growth-41.8%+191.8%-
Profitability & leverage
Net income margin+12.1%+24.5%+5.7%
Return on capital employed-+56.1%+22.3%
Return on net worth-+55.2%+23.5%
Debt / equity-0.160.18
Long-term debt / equity-0.100.03
Interest cover2.482.927.43
Efficiency & per share
Fixed asset turnover-48.48159.03
Inventory turnover-2.123.54
Debtors turnover-9.0432.17
EPS (₹)2.488.502.92
Dividend per share (₹)0.250.100.10
Book value per share (₹)0.0020.2212.15
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.826.370.000.141.113.365.210.00
Revenue growth (YoY)+64.0%+89.6%-100.0%--79.6%---
Other income0.24(2.18)1.671.891.393.801.620.64
Total expenses1.160.870.560.860.953.092.680.32
EBITDA0.665.50(0.56)(0.72)0.160.272.53(0.32)
EBITDA margin+36.3%+86.3%--514.3%+14.4%+8.0%+48.6%-
Depreciation0.130.170.160.100.110.090.070.01
Interest0.140.040.040.030.030.020.010.00
Profit before tax0.633.110.911.041.413.964.070.31
Tax0.101.11(0.03)0.000.010.030.680.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue7.6214.3354.9212.9810.661.7722.46
Revenue growth-46.8%-73.9%+323.1%+21.8%+502.3%-92.1%-
Other income2.787.390.050.260.490.011.67
Total expenses3.2411.5051.5014.6110.350.7723.53
Employee cost0.000.290.270.250.280.350.30
EBITDA4.382.833.42(1.63)0.311.00(1.07)
EBITDA margin+57.5%+19.8%+6.2%-12.6%+2.9%+56.5%-4.8%
Depreciation0.540.180.060.100.140.030.01
Interest0.130.060.170.480.180.020.25
Profit before tax6.499.983.24(1.95)0.480.960.34
Tax1.080.750.070.040.070.560.06
Net profit5.419.233.17(2.08)0.410.400.28
Net profit margin+71.0%+64.4%+5.8%-16.0%+3.9%+22.6%+1.3%
EPS (₹)2.488.502.92(1.81)1.171.180.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital21.7210.8610.8610.863.483.483.48
Reserves & surplus5.5411.102.33(0.84)0.12(0.41)(0.82)
Shareholders' funds (net worth)27.2621.9613.1910.023.603.072.66
Secured loans1.570.830.688.270.200.250.00
Unsecured loans3.590.000.000.241.528.567.31
Total debt5.160.830.688.511.728.817.31
Total liabilities32.4322.7913.8718.545.3211.879.97
Assets
Gross block2.361.300.350.310.620.610.17
Net block1.570.970.110.120.310.430.02
Capital work in progress0.000.000.000.000.000.000.00
Investments4.4217.653.320.000.851.714.62
Inventories23.882.808.0217.472.833.081.48
Sundry debtors4.370.750.630.140.052.911.67
Cash & bank balances2.880.390.330.401.202.911.31
Loans & advances0.960.811.440.300.790.760.41
Total current assets32.094.7510.4218.314.879.664.87
Total current liabilities6.010.900.160.160.850.110.21
Net working capital26.083.8510.2618.154.029.554.66
Total assets32.4322.7913.8718.545.3211.879.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.390.330.401.202.911.311.53
Net cash from operating activities(13.75)15.5911.23(16.66)4.00(2.43)4.61
Net cash from investing activities12.15(15.53)(3.29)1.051.552.60(4.58)
Net cash from financing activities4.090.00(8.01)14.81(7.26)1.43(0.25)
Net change in cash2.490.06(0.07)(0.80)(1.71)1.60(0.22)
Closing cash2.880.390.330.401.202.911.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-46.8%-73.9%+323.1%+21.8%+502.3%-92.1%-
EBITDA growth+54.8%-17.3%+309.8%-625.8%-69.0%+193.5%-
PBT growth-35.0%+208.0%+9998.0%--50.0%+182.4%+9998.0%
Net income growth-41.4%+191.2%+252.4%-607.3%+2.5%+42.9%-
Revenue CAGR (3Y)-16.3%+10.4%+214.2%-16.7%-53.2%-78.4%+13.1%
EBITDA CAGR (3Y)-+109.0%+50.7%+15.1%--+148.2%
Profitability & leverage
Net income margin+71.0%+64.4%+5.8%-15.3%+3.9%+22.6%+1.3%
Return on capital employed-+54.4%+20.8%0.0%+6.4%+7.5%+6.4%
Return on net worth-+52.1%+26.9%0.0%+8.1%+8.2%+7.6%
Debt / equity-0.040.400.751.582.812.19
Long-term debt / equity-0.020.000.010.050.030.00
Interest cover3.392.265.06-27.75105.882.06-23.15
Efficiency & per share
Fixed asset turnover-17.37166.4227.9117.334.54146.24
Inventory turnover-2.654.311.283.610.7814.07
Debtors turnover-20.77142.65136.637.200.7719.86
EPS (₹)2.488.502.92(1.81)1.171.180.81
Dividend per share (₹)0.250.100.100.000.000.000.00
Book value per share (₹)0.0020.2212.159.2310.368.837.64

To see the full year-wise statements and ratios of Meghna Infracon Infrastructure Limited, buy the company report.

Board of directors of Meghna Infracon Infrastructure Limited

Meghna Infracon Infrastructure has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikram Jayantilal LodhaWhole-Time Director19 Oct 200719 Years 0 MonthsCurrent
Meghna Vikram LodhaWhole-Time Director12 Aug 20242 Years 2 MonthsCurrent
Vinesh Keshrimal ShahDirector08 Feb 20242 Years 8 MonthsCurrent
Amit Kumar Pramod Kumar SharmaDirector08 Feb 20242 Years 8 MonthsCurrent
Meena Bharatkumar JainDirector08 Feb 20242 Years 8 MonthsCurrent
Naysaa Vikram LodhaAdditional Director14 Aug 20260 Years 2 MonthsCurrent

Auditor

Meghna Infracon Infrastructure Limited is audited by RAVINDRA B. SHAH & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
RAVINDRA B. SHAH & COFY 2024108769W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 47.00%, foreign institutional investors hold 8.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 45.00%.

Promoters: 47.00%FII (Foreign Institutional): 8.00%Retail & Others: 45.00%
Sep 2026
QUARTER
47.00% Promoters
8.00% FII (Foreign Institutional)
45.00% Retail & Others
Promoter holding - history
Now 47.00% · Sep 2026High 47.00% · Jun 2026Low 46.90% · Dec 2025
45%45.8%46.5%47.3%48%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 46.90%Mar 2026: 46.90%Jun 2026: 47.00%Sep 2026: 47.00%47.00%46.90%47.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters47.00%47.00%46.90%46.90%
Public53.00%53.00%53.10%53.10%

Deals & funding

Meghna Infracon Infrastructure Limited has 72 deals on record (69 market trades, 1 secondary share transfer, 1 rights issue); the latest was in August 2025.

Total deals
72
Market trades
69
Secondary share transfer
1
Rights issue
1
IPO
1

Deals on record (5 of 72)

WhenDealAmountParties
Oct 2020Market trade₹33.6 LakhBuyer: B B Commercial Ltd
Seller: an individual
Aug 2019Market trade₹99.8 LakhBuyer: Alacrity Securities Limited
Seller: an individual
Mar 2018Market trade₹24 LakhBuyer: Suncare Traders Limited
Seller: an individual
Jan 2016Market trade₹3 CrBuyer: 4 individuals
Seller: 4 individuals
Dec 2015Market trade₹15.8 LakhSeller: Alacrity Securities Limited

To see the full deal history of Meghna Infracon Infrastructure Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Meghna Infracon Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Meghna Infracon Infrastructure has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCN6196R1ZJMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Meghna Infracon Infrastructure Limited, buy the company report.

Recent activity

Meghna Infracon Infrastructure Limited has 14 board changes on record since 2007: 6 appointments and 8 cessations. The latest: Naysaa Vikram Lodha was appointed as Additional Director on 14 Aug 2026.

Appointed
Naysaa Vikram Lodha was appointed as Additional Director.
Filing
Meghna Infracon Infrastructure Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Meghna Infracon Infrastructure Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Sanjeev Roshan Bansal ceased to be CEO.
Ceased
Jayantilal Hansraj Lodha ceased to be CFO.
Appointed
Meghna Vikram Lodha was appointed as Whole-Time Director.
Appointed
Amit Kumar Pramod Kumar Sharma was appointed as Director.
Appointed
Meena Bharatkumar Jain was appointed as Director.
Appointed
Vinesh Keshrimal Shah was appointed as Director.
Ceased
Abhishek Ashok Shastri ceased to be Additional Director.
Ceased
Paras Thakor Shah ceased to be Additional Director.
Ceased
Nishi Aisha Baig ceased to be Company Secretary.

5 earlier events are in the company report.

Frequently asked questions

Meghna Infracon Infrastructure is an active public limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 19 October 2007 (19+ years old) and is registered under CIN L68100MH2007PLC175208. Listed on BSE: 538668 and NSE: MIIL.

Meghna Infracon Infrastructure reported revenue of ₹46.2 Cr for FY 2025-26 (up 15.5% YoY) based on consolidated financials.

Meghna Infracon Infrastructure has 6 current directors:

The latest financial statements of Meghna Infracon Infrastructure on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Meghna Infracon Infrastructure is 27AACCN6196R1ZJ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Meghna Infracon Infrastructure is L68100MH2007PLC175208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Meghna Infracon Infrastructure is a listed company as per MCA records. Its shares are listed on both BSE (code: 538668) and NSE (symbol: MIIL).

Meghna Infracon Infrastructure was incorporated on 19 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

Meghna Infracon Infrastructure has 72 deals on record (69 market trades, 1 secondary share transfer, 1 rights issue); the latest was in August 2025.

Naysaa Vikram Lodha was appointed as Additional Director on 14 Aug 2026. Sanjeev Roshan Bansal ceased to be CEO on 24 Jan 2025. Jayantilal Hansraj Lodha ceased to be CFO on 12 Aug 2024. Meghna Infracon Infrastructure has 14 board changes on record in total.