About Marg Techno-Projects
Marg Techno-Projects is a publicly listed company based in Surat (India) founded in 1993. Loans against gold are provided by the company in India. Its Indian entity Marg Techno-Projects Limited reported revenue of ₹6.93 Cr. Its focus areas include Consumer and SME Loans, Consumer Loans and Asset-Backed Loans. Similar companies include Finnable, Fibe and Rupeek; 3 of its 3 listed similar companies have raised funding.
Company details
Marg Techno-Projects was founded in 1993 and is headquartered in Surat, India. Operations are focused on the financial services sector, where loans against gold are extended to clients. The company manages these secured lending activities through its online domain, margtechno.com, serving regional markets in India. Core services involve collateral-based financing, with emphasis on straightforward gold loan processing for various borrower needs.
- Headquarters Surat, India
- Stage Public
- SectorsFinancial Services
- Website margtechno.com
- Legal Name Marg Techno Projects Ltd.
- Market Cap₹59.20 Cr
MTPL · BSE
- Share Price₹7.69
+1.45% today
- Revenue₹6.84 Cr
FY 2025-26 · +27.6% YoY
- EBITDA₹4.27 Cr
Margin 62.4%
- Net Profit₹0.99 Cr
FY 2025-26 · +141.5% YoY
- P/E (TTM)16.8x
P/B 0.6x
Associated legal entities of Marg Techno-Projects
Marg Techno-Projects operates through Marg Techno-Projects Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Marg Techno-Projects Limited Listed CIN L69590GJ1993PLC019764 | Active | 02 Jul 1993 | Surat, Gujarat | ₹6.9 Cr | 33 | 7 | View details |
Board of directors of Marg Techno-Projects Limited (Marg Techno-Projects)
Marg Techno-Projects Limited is the primary company behind Marg Techno-Projects. The board of Marg Techno-Projects Limited currently have 5 directors; the longest-serving is Dhananjayan Kakkat Nair, appointed in 1997. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhananjayan Kakkat Nair DIN 02609192 | Whole-time director | 01 Feb 1997 | 29 yrs 9 mo | Marg Techno-Projects Limited |
| Arun Madhavan Nair DIN 07050431 | Director | 30 Mar 2015 | 11 yrs 7 mo | Marg Techno-Projects Limited |
| Akhil Nair DIN 07706503 | Managing Director | 18 Mar 2017 | 9 yrs 7 mo | Marg Techno-Projects Limited |
| Deepa Sajeev Nair DIN 09291891 | Director | 30 Sep 2021 | 5 yrs 1 mo | Marg Techno-Projects Limited |
| Pankaj Ganpat Jadhav DIN 05279030 | Director | 30 Sep 2021 | 5 yrs 1 mo | Marg Techno-Projects Limited |
IPO & Listings of Marg Techno-Projects
Marg Techno-Projects is a publicly listed company on the BSE with ticker symbol MTPL in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Jan 2017
- Listed onBSE: 540254
- Listed entityMarg Techno Projects Ltd.
- Exchange sectorFinance
- ISININE245H01018
- Share price₹7.46 (+4.92% on the day) · 2026-10-14
- Market capitalisation₹55.5 Cr
- Price to earnings6.8
- EPS (diluted, trailing year)₹1.10
- Volume (last session)55,378
Financials of Marg Techno-Projects
Exchange-reported figures of Marg Techno-Projects Limited, the listed company behind Marg Techno-Projects (BSE: MTPL).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.84 | 5.36 | 5.01 | 5.08 | 5.30 | 3.49 | 1.22 |
| Revenue growth | +27.6% | +7.0% | -1.4% | -4.2% | +51.9% | +186.1% | - |
| EBITDA | 4.27 | 2.72 | 2.25 | 2.56 | 2.89 | 2.07 | 0.43 |
| EBITDA margin | +62.4% | +50.8% | +44.9% | +50.4% | +54.5% | +59.3% | +35.3% |
| Profit before tax | 1.57 | 0.45 | 0.28 | 0.66 | 0.48 | 0.35 | 0.30 |
| Net profit | 0.99 | 0.41 | 0.12 | 0.50 | 0.35 | 0.26 | 0.20 |
| Net profit margin | +14.5% | +7.7% | +2.4% | +9.8% | +6.6% | +7.5% | +16.4% |
| EPS (₹) | 0.88 | 0.41 | 0.23 | 0.82 | 0.58 | 0.45 | 0.35 |
| Balance sheet | |||||||
| Total assets | 61.66 | 34.73 | 29.42 | 24.27 | 27.89 | 35.55 | 10.45 |
| Net worth | 34.62 | 12.64 | 12.06 | 6.60 | 6.11 | 5.76 | 5.49 |
| Total debt | 27.05 | 22.09 | 17.36 | 17.67 | 21.77 | 29.79 | 4.96 |
| Cash & bank | 1.33 | 0.94 | 2.48 | 0.53 | 0.35 | 0.94 | 0.89 |
| Net working capital | 3.06 | 1.05 | 1.09 | (0.97) | 0.85 | 0.39 | 0.32 |
| Cash flow | |||||||
| Cash from operations | (22.82) | (4.14) | (1.35) | 6.11 | 9.78 | (22.46) | (0.47) |
| Cash from investing | 0.00 | (0.26) | 0.00 | (0.09) | (0.09) | (0.70) | (0.06) |
| Cash from financing | 23.21 | 2.87 | (2.01) | (5.83) | (10.29) | 23.21 | 1.37 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.52 | 2.50 | 1.54 | 1.51 | 1.29 | 1.77 | 1.39 | 1.02 |
| Revenue growth (YoY) | +95.4% | +41.2% | +10.8% | +48.0% | +24.0% | - | - | - |
| Other income | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 |
| Total expenses | 0.42 | 0.95 | 0.64 | 0.50 | 0.48 | 1.02 | 0.54 | 0.52 |
| EBITDA | 2.10 | 1.55 | 0.90 | 1.01 | 0.81 | 0.75 | 0.85 | 0.50 |
| EBITDA margin | +83.3% | +62.0% | +58.4% | +66.9% | +62.8% | +42.4% | +61.2% | +49.0% |
| Depreciation | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.72 | 0.55 | 0.64 | 0.81 | 0.67 | 0.69 | 0.63 | 0.43 |
| Profit before tax | 1.34 | 1.05 | 0.23 | 0.17 | 0.11 | 0.17 | 0.19 | 0.04 |
| Tax | 0.32 | 0.45 | 0.06 | 0.04 | 0.03 | (0.01) | 0.03 | 0.01 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.52 | 2.50 | 1.54 | 1.51 | 1.29 | 1.77 | 1.39 | 1.02 |
| Revenue growth (YoY) | +95.4% | +41.2% | +10.8% | +48.0% | +24.0% | - | - | - |
| Other income | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 |
| Total expenses | 0.42 | 0.95 | 0.64 | 0.50 | 0.48 | 1.02 | 0.54 | 0.52 |
| EBITDA | 2.10 | 1.55 | 0.90 | 1.01 | 0.81 | 0.75 | 0.85 | 0.50 |
| EBITDA margin | +83.3% | +62.0% | +58.4% | +66.9% | +62.8% | +42.4% | +61.2% | +49.0% |
| Depreciation | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.72 | 0.55 | 0.64 | 0.81 | 0.67 | 0.69 | 0.63 | 0.43 |
| Profit before tax | 1.34 | 1.05 | 0.23 | 0.17 | 0.11 | 0.17 | 0.19 | 0.04 |
| Tax | 0.32 | 0.45 | 0.06 | 0.04 | 0.03 | (0.01) | 0.03 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.84 | 5.36 | 5.01 | 5.08 | 5.30 | 3.49 | 1.22 |
| Revenue growth | +27.6% | +7.0% | -1.4% | -4.2% | +51.9% | +186.1% | - |
| Other income | 0.09 | 0.05 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total expenses | 2.57 | 2.64 | 2.76 | 2.52 | 2.41 | 1.42 | 0.79 |
| Employee cost | 0.00 | 1.08 | 1.21 | 1.39 | 1.25 | 0.68 | 0.46 |
| EBITDA | 4.27 | 2.72 | 2.25 | 2.56 | 2.89 | 2.07 | 0.43 |
| EBITDA margin | +62.4% | +50.8% | +44.9% | +50.4% | +54.5% | +59.3% | +35.3% |
| Depreciation | 0.13 | 0.11 | 0.11 | 0.11 | 0.11 | 0.05 | 0.01 |
| Interest | 2.66 | 2.21 | 1.86 | 1.80 | 2.31 | 1.67 | 0.12 |
| Profit before tax | 1.57 | 0.45 | 0.28 | 0.66 | 0.48 | 0.35 | 0.30 |
| Tax | 0.58 | 0.04 | 0.16 | 0.16 | 0.13 | 0.09 | 0.10 |
| Net profit | 0.99 | 0.41 | 0.12 | 0.50 | 0.35 | 0.26 | 0.20 |
| Net profit margin | +14.5% | +7.7% | +2.4% | +9.8% | +6.6% | +7.5% | +16.4% |
| EPS (₹) | 0.88 | 0.41 | 0.23 | 0.82 | 0.58 | 0.45 | 0.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.20 | 10.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Reserves & surplus | 20.42 | 2.64 | 0.74 | 0.60 | 0.11 | (0.24) | (0.51) |
| Shareholders' funds (net worth) | 34.62 | 12.64 | 12.06 | 6.60 | 6.11 | 5.76 | 5.49 |
| Secured loans | 0.13 | 13.44 | 15.24 | 16.23 | 19.71 | 28.28 | 3.24 |
| Unsecured loans | 26.92 | 8.65 | 2.12 | 1.44 | 2.06 | 1.51 | 1.72 |
| Total debt | 27.05 | 22.09 | 17.36 | 17.67 | 21.77 | 29.79 | 4.96 |
| Total liabilities | 61.66 | 34.73 | 29.42 | 24.27 | 27.89 | 35.55 | 10.45 |
| Assets | |||||||
| Gross block | 1.35 | 1.35 | 1.09 | 1.08 | 0.99 | 0.90 | 0.13 |
| Net block | 0.70 | 0.84 | 0.69 | 0.79 | 0.81 | 0.82 | 0.10 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 |
| Investments | 0.01 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.20 | 0.00 | 1.14 | 0.00 | 0.00 |
| Cash & bank balances | 1.33 | 0.94 | 2.48 | 0.53 | 0.35 | 0.94 | 0.89 |
| Loans & advances | 2.42 | 0.65 | 0.21 | 0.44 | 0.43 | 0.12 | 0.12 |
| Total current assets | 3.75 | 1.59 | 2.89 | 0.97 | 1.92 | 1.06 | 1.01 |
| Total current liabilities | 0.69 | 0.54 | 1.80 | 1.94 | 1.07 | 0.67 | 0.69 |
| Net working capital | 3.06 | 1.05 | 1.09 | (0.97) | 0.85 | 0.39 | 0.32 |
| Total assets | 61.66 | 34.73 | 29.42 | 24.27 | 27.89 | 35.55 | 10.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.94 | 2.48 | 0.53 | 0.35 | 0.94 | 0.89 | 0.05 |
| Net cash from operating activities | (22.82) | (4.14) | (1.35) | 6.11 | 9.78 | (22.46) | (0.47) |
| Net cash from investing activities | 0.00 | (0.26) | 0.00 | (0.09) | (0.09) | (0.70) | (0.06) |
| Net cash from financing activities | 23.21 | 2.87 | (2.01) | (5.83) | (10.29) | 23.21 | 1.37 |
| Net change in cash | 0.39 | (1.53) | (3.37) | 0.18 | (0.60) | 0.05 | 0.84 |
| Closing cash | 1.33 | 0.94 | 2.48 | 0.53 | 0.35 | 0.94 | 0.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.6% | +7.0% | -1.4% | -4.2% | +51.9% | +186.1% | - |
| EBITDA growth | +57.0% | +20.9% | -12.1% | -11.4% | +39.6% | +381.4% | - |
| PBT growth | +248.9% | +60.7% | -57.6% | +37.5% | +37.1% | +16.7% | +2900.0% |
| Net income growth | +141.5% | +241.7% | -76.0% | +42.9% | +34.6% | +30.0% | - |
| Revenue CAGR (3Y) | +10.4% | +0.4% | +12.8% | +60.9% | +94.5% | +80.9% | +43.8% |
| EBITDA CAGR (3Y) | +18.6% | -2.0% | +2.8% | +81.2% | +424.8% | +272.7% | +83.1% |
| Profitability & leverage | |||||||
| Net income margin | +14.5% | +7.7% | +2.4% | +9.8% | +6.6% | +7.5% | +16.4% |
| Return on capital employed | - | +8.3% | +8.0% | +9.4% | +8.7% | +8.6% | +4.1% |
| Return on net worth | - | +3.3% | +1.5% | +7.6% | +5.5% | +4.3% | +3.4% |
| Debt / equity | - | 1.60 | 1.88 | 3.10 | 4.34 | 3.09 | 0.78 |
| Long-term debt / equity | - | 0.48 | 0.38 | 0.75 | 1.26 | 1.29 | 0.78 |
| Interest cover | 64.25 | 84.67 | 86.92 | 73.47 | 83.09 | 82.67 | 28.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.43 | 4.62 | 4.92 | 5.62 | 6.78 | 12.84 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 54.10 | 50.10 | 8.93 | 9.32 | 0.00 | 0.00 |
| EPS (₹) | 0.88 | 0.41 | 0.23 | 0.82 | 0.58 | 0.45 | 0.35 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 12.64 | 11.23 | 11.00 | 10.18 | 9.60 | 9.15 |
Similar companies to Marg Techno-Projects
Marg Techno-Projects has 3 listed similar companies in our database, 3 of them funded. They include Finnable, Fibe and Rupeek.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| finnable.com | 2015 | Bengaluru, India | $33.9M | 1,409 | Online personal loans with minimal documentation are offered digitally. | |
| fibe.in | 2015 | Pune, India | $212.38M | 1,856 | Fibe is recognized as India's largest lending platform for instant credit solutions. | |
| rupeek.com | 2015 | Bengaluru, India | $193.57M | 664 | An online marketplace for gold loans is facilitated. |
Detailed similar companies of Marg Techno-Projects
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Marg Techno-Projects (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Marg Techno-Projects
Complete news archive for Marg Techno-Projects
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Marg Techno-Projects
Marg Techno-Projects was founded in 1993.
Marg Techno-Projects is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
The primary company behind Marg Techno-Projects, Marg Techno-Projects Limited, reported revenue of ₹6.93 Cr for FY 2026, up 28% year on year.
Marg Techno-Projects was founded in 1993 and is headquartered in Surat, India. Operations are focused on the financial services sector, where loans against gold are extended to clients. The company manages these secured lending activities through its online domain, margtechno.com, serving regional markets in India. Core services involve collateral-based financing, with emphasis on straightforward gold loan processing for various borrower needs.
Yes, Marg Techno-Projects is publicly traded on BSE under the ticker symbol MTPL.
Marg Techno-Projects operates through Marg Techno-Projects Limited.
The legal entities of Marg Techno-Projects currently have 6 directors, including Arun Madhavan Nair, Dhananjayan Kakkat Nair, Akhil Nair and others.