About Madhucon Projects Limited
Data last updated:
Madhucon Projects Limited is a public limited company based in Khammam, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 15 March 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L74210TG1990PLC011114. Its GSTIN is 36AABCM4757A1ZQ (Telangana). The company holds 35 GST registrations, of which 19 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 531497 and NSE: MADHUCON.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹7.38 Cr. It was formerly known as Madhu Continental Constructions Private Limited and Madhu Continental Constructions Limited. It is led by directors including Mohammad Shafi (Whole-Time Director) and Kothapalli Venkateswarlu.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at H.No.1 – 7 – 70 Jublipura, Khammam, Telangana, India – 507003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹551.77 Cr, a decline of 18.4% compared to the previous year. For the same year it recorded a net loss of ₹444.53 Cr (net margin -80.6%) and EBITDA of -₹146.97 Cr (EBITDA margin -26.6%).
The company has about 258 employees on its provident fund (EPFO) records. Its group structure includes 13 subsidiaries.
The company is associated with 1 brand: Madhucon. As per MCA filings, the company has open charges of ₹1,715.36 Cr and satisfied charges of ₹2,632.89 Cr on record. Court records list 626 cases involving the company, including 278 filed by the company and 348 filed against it; 152 cases are pending. The company has 46 deals on record (46 market trades); the latest was in December 2011. Its 7 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 4 smaller; the largest is Bansal Construction Works Private Limited with revenue of ₹1,033.06 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website madhucon.com.
Company details
Name history
Madhucon Projects has undergone 2 name changes throughout its history. The company was previously known as Madhu Continental Constructions Private Limited, and Madhu Continental Constructions Limited. The current legal name is Madhucon Projects Limited.
| Company Name | Status |
|---|---|
| Madhucon Projects Limited | Current |
| Madhu Continental Constructions Private Limited | Previous |
| Madhu Continental Constructions Limited | Previous |
CIN history
Madhucon Projects has one previous CIN (Corporate Identification Number): L74210AP1990PLC011114. The current CIN is L74210TG1990PLC011114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74210TG1990PLC011114 | Current |
| L74210AP1990PLC011114 | Previous |
Contact details
Madhucon Projects Limited's registered office is in Khammam, Telangana. Its website is madhucon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.1 – 7 – 70 Jublipura, Khammam, Telangana, India – 507003
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Madhucon Projects Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Madhucon Projects operates one associated brand: Madhucon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of infrastructure development and construction services | madhucon.com |
Business activity
The main business activity of Madhucon Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Madhucon Projects Limited, buy the company report.
Financials of Madhucon Projects Limited
FY 2025-26 filings availableMadhucon Projects Limited reported revenue of ₹551.77 Cr (down 18.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 552 | 677 | 1,164 | 1,162 | 948 | 909 | 734 |
| Revenue growth | -18.4% | -41.9% | +0.1% | +22.6% | +4.3% | +23.8% | - |
| EBITDA | (147) | (282) | (299) | (253) | (63.43) | (36.04) | (923) |
| EBITDA margin | -26.6% | -41.7% | -25.7% | -21.7% | -6.7% | -4.0% | -125.8% |
| Profit before tax | (471) | (518) | (70.87) | (197) | (108) | (276) | (1,099) |
| Net profit | (445) | (475) | (46.27) | (144) | (106) | (233) | (110) |
| Net profit margin | -80.6% | -70.2% | -4.0% | -12.4% | -11.2% | -25.7% | -14.9% |
| EPS (₹) | (60.24) | (64.19) | (6.09) | (19.41) | (14.36) | (31.53) | (143.97) |
| Balance sheet | |||||||
| Total assets | - | 2,143 | 2,312 | 1,929 | 2,457 | 2,765 | 2,358 |
| Net worth | - | (1,468) | (1,503) | (1,920) | (2,088) | (1,884) | (2,431) |
| Total debt | - | 3,554 | 3,913 | 4,011 | 4,178 | 4,241 | 4,446 |
| Cash & bank | - | 66.30 | 39.09 | 82.38 | 115 | 70.50 | 86.68 |
| Net working capital | - | 290 | 383 | 308 | (880) | (423) | (1,028) |
| Cash flow | |||||||
| Cash from operations | - | 84.74 | (256) | (241) | 232 | (405) | (587) |
| Cash from investing | - | 51.19 | 467 | 949 | (158) | 839 | 2,843 |
| Cash from financing | - | (109) | (261) | (720) | (43.41) | (451) | (2,209) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.94 | 126 | 139 | 129 | 157 | 139 | 111 | 190 |
| Revenue growth (YoY) | -68.3% | -9.4% | +25.0% | -31.9% | -33.5% | - | - | - |
| Other income | 5.99 | 47.78 | 51.22 | 53.96 | 46.73 | 37.08 | 66.77 | 205 |
| EBITDA | 10.56 | (30.13) | (29.62) | (50.73) | (36.49) | (36.33) | (25.61) | (202) |
| EBITDA margin | +21.1% | -24.0% | -21.3% | -39.2% | -23.2% | -26.2% | -23.0% | -106.4% |
| Depreciation | 0.51 | 131 | 131 | 131 | 131 | 25.90 | 484 | 11.57 |
| Interest | 0.50 | (17.91) | 6.41 | 5.74 | 6.43 | 27.02 | 4.88 | 2.66 |
| Profit before tax | 15.54 | (95.14) | (116) | (133) | (127) | (52.17) | (447) | (11.52) |
| Tax | (1.72) | 1.01 | 0.36 | (2.56) | 0.29 | 9.28 | (1.08) | (6.37) |
| Net profit | 17.26 | (96.15) | (116) | (131) | (127) | (61.45) | (446) | (5.15) |
| EPS (₹) | 2.22 | (13.46) | (14.45) | (16.36) | (15.97) | (5.27) | (57.22) | (0.61) |
| 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 | 464 | 580 | 951 | 901 | 706 | 647 | 547 |
| Revenue growth | -20.0% | -39.0% | +5.6% | +27.6% | +9.2% | +18.2% | - |
| EBITDA | (185) | (283) | (261) | (142) | (22.72) | (114) | (238) |
| EBITDA margin | -39.8% | -48.8% | -27.5% | -15.7% | -3.2% | -17.6% | -43.6% |
| Profit before tax | 10.22 | (15.41) | (20.31) | (15.60) | (15.11) | (50.56) | (252) |
| Net profit | 11.13 | (23.07) | (11.41) | 3.92 | (38.00) | (36.47) | 11.68 |
| Net profit margin | +2.4% | -4.0% | -1.2% | +0.4% | -5.4% | -5.6% | +2.1% |
| EPS (₹) | 1.51 | (2.84) | (1.39) | 0.60 | (4.57) | (4.93) | (29.12) |
| Balance sheet | |||||||
| Total assets | - | 945 | 1,113 | 1,151 | 1,333 | 1,454 | 1,574 |
| Net worth | - | 503 | 524 | 534 | 529 | 563 | 600 |
| Total debt | - | 67.86 | 367 | 533 | 716 | 732 | 743 |
| Cash & bank | - | 5.29 | 5.54 | 4.74 | 10.58 | 10.11 | 12.21 |
| Net working capital | - | (302) | (556) | (759) | (971) | (972) | (988) |
| Cash flow | |||||||
| Cash from operations | - | 267 | 175 | 178 | 19.05 | 37.35 | (10.60) |
| Cash from investing | - | 34.54 | (0.97) | 0.76 | 1.47 | (6.56) | (0.96) |
| Cash from financing | - | (302) | (173) | (185) | (20.06) | (27.12) | 7.33 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.79 | 104 | 117 | 108 | 135 | 118 | 90.11 | 163 |
| Revenue growth (YoY) | -79.4% | -11.8% | +30.4% | -33.9% | -35.6% | - | - | - |
| Other income | 5.97 | 47.26 | 50.35 | 53.47 | 46.32 | 10.95 | 35.23 | 204 |
| Total expenses | 34.61 | 149 | 161 | 158 | 180 | 129 | 127 | 373 |
| EBITDA | (6.82) | (44.76) | (43.99) | (50.71) | (45.21) | (10.98) | (37.14) | (210) |
| EBITDA margin | -24.5% | -43.1% | -37.4% | -47.1% | -33.4% | -9.3% | -41.2% | -128.9% |
| Depreciation | 0.51 | 0.59 | 0.61 | 0.62 | 0.67 | 1.20 | 1.42 | 2.27 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.71 |
| Profit before tax | (1.36) | 1.91 | 5.75 | 2.14 | 0.44 | (1.23) | (4.08) | (8.76) |
| Tax | (1.72) | 1.01 | 0.36 | (2.56) | 0.29 | 9.33 | (1.13) | (6.37) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49.94 | 126 | 139 | 129 | 157 | 139 | 111 | 190 |
| Revenue growth (YoY) | -68.3% | -9.4% | +25.0% | -31.9% | -33.5% | - | - | - |
| Other income | 5.99 | 47.78 | 51.22 | 53.96 | 46.73 | 37.08 | 66.77 | 205 |
| EBITDA | 10.56 | (30.13) | (29.62) | (50.73) | (36.49) | (36.33) | (25.61) | (202) |
| EBITDA margin | +21.1% | -24.0% | -21.3% | -39.2% | -23.2% | -26.2% | -23.0% | -106.4% |
| Depreciation | 0.51 | 131 | 131 | 131 | 131 | 25.90 | 484 | 11.57 |
| Interest | 0.50 | (17.91) | 6.41 | 5.74 | 6.43 | 27.02 | 4.88 | 2.66 |
| Profit before tax | 15.54 | (95.14) | (116) | (133) | (127) | (52.17) | (447) | (11.52) |
| Tax | (1.72) | 1.01 | 0.36 | (2.56) | 0.29 | 9.28 | (1.08) | (6.37) |
| Net profit | 17.26 | (96.15) | (116) | (131) | (127) | (61.45) | (446) | (5.15) |
| EPS (₹) | 2.22 | (13.46) | (14.45) | (16.36) | (15.97) | (5.27) | (57.22) | (0.61) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 552 | 677 | 1,164 | 1,162 | 948 | 909 | 734 |
| Revenue growth | -18.4% | -41.9% | +0.1% | +22.6% | +4.3% | +23.8% | - |
| Other income | 200 | 335 | 301 | 902 | 127 | 135 | 46.04 |
| Total expenses | 699 | 959 | 1,463 | 1,415 | 1,012 | 945 | 1,658 |
| Employee cost | 0.00 | 18.13 | 22.79 | 29.97 | 29.20 | 27.93 | 35.31 |
| EBITDA | (147) | (282) | (299) | (253) | (63.43) | (36.04) | (923) |
| EBITDA margin | -26.6% | -41.7% | -25.7% | -21.7% | -6.7% | -4.0% | -125.8% |
| Depreciation | 523 | 531 | 31.81 | 799 | 141 | 129 | 71.58 |
| Interest | 0.67 | 38.84 | 41.42 | 47.12 | 31.37 | 246 | 150 |
| Profit before tax | (471) | (518) | (70.87) | (197) | (108) | (276) | (1,099) |
| Tax | (0.91) | 5.64 | (10.11) | (19.99) | 18.70 | (14.09) | 15.84 |
| Net profit | (445) | (475) | (46.27) | (144) | (106) | (233) | (110) |
| Net profit margin | -80.6% | -70.2% | -4.0% | -12.4% | -11.2% | -25.7% | -14.9% |
| EPS (₹) | (60.24) | (64.19) | (6.09) | (19.41) | (14.36) | (31.53) | (143.97) |
| 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 | - | 7.40 | 7.40 | 7.40 | 7.40 | 7.40 | 7.40 |
| Reserves & surplus | - | (1,474) | (1,509) | (1,927) | (2,095) | (1,892) | (2,438) |
| Shareholders' funds (net worth) | - | (1,468) | (1,503) | (1,920) | (2,088) | (1,884) | (2,431) |
| Minority interest | - | (537) | (485) | (438) | (122) | (97.35) | (66.66) |
| Secured loans | - | 3,540 | 3,695 | 2,989 | 3,658 | 4,229 | 4,389 |
| Unsecured loans | - | 14.29 | 218 | 1,022 | 520 | 11.56 | 56.76 |
| Total debt | - | 3,554 | 3,913 | 4,011 | 4,178 | 4,241 | 4,446 |
| Total liabilities | - | 2,143 | 2,312 | 1,929 | 2,457 | 2,765 | 2,358 |
| Assets | |||||||
| Gross block | - | 2,801 | 2,326 | 551 | 2,192 | 1,212 | 2,248 |
| Net block | - | 124 | 169 | 52.61 | 677 | 749 | 1,236 |
| Capital work in progress | - | 87.09 | 87.09 | 232 | 550 | 613 | 151 |
| Investments | - | 0.55 | 0.55 | 0.55 | 754 | 754 | 971 |
| Inventories | - | 1.80 | 2.09 | 3.73 | 5.54 | 14.79 | 29.35 |
| Sundry debtors | - | 5.42 | 35.72 | 5.07 | 15.70 | 4.47 | 117 |
| Cash & bank balances | - | 66.30 | 39.09 | 82.38 | 115 | 70.50 | 86.68 |
| Loans & advances | - | 1,686 | 2,207 | 2,397 | 2,029 | 2,057 | 1,348 |
| Total current assets | - | 1,759 | 2,284 | 2,488 | 2,166 | 2,147 | 1,581 |
| Total current liabilities | - | 1,469 | 1,901 | 2,181 | 3,046 | 2,570 | 2,608 |
| Net working capital | - | 290 | 383 | 308 | (880) | (423) | (1,028) |
| Total assets | - | 2,143 | 2,312 | 1,929 | 2,457 | 2,765 | 2,358 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 33.07 | 82.38 | 94.99 | 64.60 | 80.91 | 33.45 |
| Net cash from operating activities | - | 84.74 | (256) | (241) | 232 | (405) | (587) |
| Net cash from investing activities | - | 51.19 | 467 | 949 | (158) | 839 | 2,843 |
| Net cash from financing activities | - | (109) | (261) | (720) | (43.41) | (451) | (2,209) |
| Net change in cash | - | 26.79 | (49.31) | (12.60) | 30.38 | (16.31) | 47.46 |
| Closing cash | - | 66.30 | 39.09 | 82.38 | 115 | 70.50 | 86.68 |
| 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 | -18.4% | -41.9% | +0.1% | +22.6% | +4.3% | +23.8% | - |
| EBITDA growth | +47.9% | +5.6% | -18.4% | -298.3% | -76.0% | +96.1% | - |
| PBT growth | +9.0% | -630.4% | +64.1% | -81.8% | +60.7% | +74.9% | -171.3% |
| Net income growth | +6.5% | -927.0% | +67.8% | -35.1% | +54.4% | -113.1% | - |
| Revenue CAGR (3Y) | -22.0% | -10.6% | +8.6% | +16.6% | +0.2% | -4.2% | -22.5% |
| EBITDA CAGR (3Y) | -16.5% | +64.5% | +102.5% | -35.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -85.2% | -77.3% | -5.2% | -15.2% | -13.4% | -28.8% | -151.9% |
| Return on capital employed | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -0.10 | -4.77 | -12.52 | -4.48 | -15.35 | -149.14 | -15.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.26 | 0.81 | 0.85 | 0.56 | 0.53 | 0.19 |
| Inventory turnover | - | 347.85 | 399.91 | 250.77 | 93.28 | 41.19 | 15.92 |
| Debtors turnover | - | 32.89 | 57.06 | 111.92 | 94.02 | 14.97 | 9.55 |
| EPS (₹) | (60.24) | (64.19) | (6.09) | (19.41) | (14.36) | (31.53) | (143.97) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | (198.09) | (202.79) | (259.28) | (282.04) | (254.53) | (328.37) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.79 | 104 | 117 | 108 | 135 | 118 | 90.11 | 163 |
| Revenue growth (YoY) | -79.4% | -11.8% | +30.4% | -33.9% | -35.6% | - | - | - |
| Other income | 5.97 | 47.26 | 50.35 | 53.47 | 46.32 | 10.95 | 35.23 | 204 |
| Total expenses | 34.61 | 149 | 161 | 158 | 180 | 129 | 127 | 373 |
| EBITDA | (6.82) | (44.76) | (43.99) | (50.71) | (45.21) | (10.98) | (37.14) | (210) |
| EBITDA margin | -24.5% | -43.1% | -37.4% | -47.1% | -33.4% | -9.3% | -41.2% | -128.9% |
| Depreciation | 0.51 | 0.59 | 0.61 | 0.62 | 0.67 | 1.20 | 1.42 | 2.27 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.71 |
| Profit before tax | (1.36) | 1.91 | 5.75 | 2.14 | 0.44 | (1.23) | (4.08) | (8.76) |
| Tax | (1.72) | 1.01 | 0.36 | (2.56) | 0.29 | 9.33 | (1.13) | (6.37) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 464 | 580 | 951 | 901 | 706 | 647 | 547 |
| Revenue growth | -20.0% | -39.0% | +5.6% | +27.6% | +9.2% | +18.2% | - |
| Other income | 197 | 276 | 254 | 134 | 16.57 | 71.91 | 7.87 |
| Total expenses | 649 | 863 | 1,213 | 1,043 | 729 | 760 | 785 |
| Employee cost | 0.00 | 14.60 | 18.74 | 19.39 | 16.79 | 17.28 | 21.96 |
| EBITDA | (185) | (283) | (261) | (142) | (22.72) | (114) | (238) |
| EBITDA margin | -39.8% | -48.8% | -27.5% | -15.7% | -3.2% | -17.6% | -43.6% |
| Depreciation | 2.50 | 5.71 | 6.11 | 5.82 | 4.78 | 5.96 | 8.37 |
| Interest | 0.00 | 2.21 | 7.24 | 2.03 | 4.18 | 2.64 | 13.43 |
| Profit before tax | 10.22 | (15.41) | (20.31) | (15.60) | (15.11) | (50.56) | (252) |
| Tax | (0.91) | 5.64 | (10.04) | (20.08) | 18.70 | (14.09) | (36.57) |
| Net profit | 11.13 | (23.07) | (11.41) | 3.92 | (38.00) | (36.47) | 11.68 |
| Net profit margin | +2.4% | -4.0% | -1.2% | +0.4% | -5.4% | -5.6% | +2.1% |
| EPS (₹) | 1.51 | (2.84) | (1.39) | 0.60 | (4.57) | (4.93) | (29.12) |
| 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 | - | 7.40 | 7.40 | 7.40 | 7.40 | 7.40 | 7.40 |
| Reserves & surplus | - | 501 | 522 | 527 | 522 | 556 | 592 |
| Shareholders' funds (net worth) | - | 503 | 524 | 534 | 529 | 563 | 600 |
| Secured loans | - | 67.86 | 367 | 533 | 716 | 732 | 743 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | - | 67.86 | 367 | 533 | 716 | 732 | 743 |
| Total liabilities | - | 945 | 1,113 | 1,151 | 1,333 | 1,454 | 1,574 |
| Assets | |||||||
| Gross block | - | 384 | 468 | 478 | 489 | 507 | 501 |
| Net block | - | 20.50 | 28.67 | 31.95 | 38.17 | 43.28 | 41.90 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 742 | 1,093 | 1,398 | 1,488 | 1,488 | 1,716 |
| Inventories | - | 0.00 | 0.55 | 2.10 | 3.82 | 13.17 | 27.85 |
| Sundry debtors | - | 3.93 | 43.28 | 4.14 | 12.39 | 1.66 | 25.59 |
| Cash & bank balances | - | 5.29 | 5.54 | 4.74 | 10.58 | 10.11 | 12.21 |
| Loans & advances | - | 117 | 209 | 233 | 139 | 169 | 215 |
| Total current assets | - | 126 | 259 | 244 | 166 | 194 | 280 |
| Total current liabilities | - | 429 | 815 | 1,003 | 1,138 | 1,166 | 1,268 |
| Net working capital | - | (302) | (556) | (759) | (971) | (972) | (988) |
| Total assets | - | 945 | 1,113 | 1,151 | 1,333 | 1,454 | 1,574 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 5.54 | 4.74 | 10.58 | 10.11 | 6.43 | 10.66 |
| Net cash from operating activities | - | 267 | 175 | 178 | 19.05 | 37.35 | (10.60) |
| Net cash from investing activities | - | 34.54 | (0.97) | 0.76 | 1.47 | (6.56) | (0.96) |
| Net cash from financing activities | - | (302) | (173) | (185) | (20.06) | (27.12) | 7.33 |
| Net change in cash | - | (0.25) | 0.80 | (5.83) | 0.46 | 3.68 | (4.23) |
| Closing cash | - | 5.29 | 5.54 | 4.74 | 10.58 | 10.11 | 12.21 |
| 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 | -20.0% | -39.0% | +5.6% | +27.6% | +9.2% | +18.2% | - |
| EBITDA growth | +34.8% | -8.3% | -84.3% | -524.1% | +80.1% | +52.2% | - |
| PBT growth | +9998.0% | +24.1% | -30.2% | -3.2% | +70.1% | +80.0% | -4081.8% |
| Net income growth | +148.2% | -102.2% | -391.1% | +110.3% | -4.2% | -412.2% | - |
| Revenue CAGR (3Y) | -19.8% | -6.3% | +13.7% | +18.1% | +1.8% | -0.9% | -7.6% |
| EBITDA CAGR (3Y) | +9.2% | +131.8% | +31.9% | -15.9% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | -3.6% | -1.1% | +0.5% | -4.8% | -5.6% | -39.4% |
| Return on capital employed | - | -1.3% | -1.2% | -1.1% | -1.1% | -3.2% | -0.7% |
| Return on net worth | - | -4.1% | -1.9% | +0.8% | -7.0% | -6.3% | +1.7% |
| Debt / equity | - | 0.42 | 0.85 | 1.17 | 1.33 | 1.27 | 1.03 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 |
| Interest cover | 0.00 | -0.77 | -2.71 | -1.38 | -15.20 | -2.20 | -5.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.36 | 2.01 | 1.86 | 1.42 | 1.28 | 1.09 |
| Inventory turnover | - | 2,110.25 | 717.92 | 304.33 | 83.13 | 31.52 | 15.48 |
| Debtors turnover | - | 24.58 | 40.12 | 108.99 | 100.52 | 47.45 | 3.86 |
| EPS (₹) | 1.51 | (2.84) | (1.39) | 0.60 | (4.57) | (4.93) | (29.12) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 68.61 | 71.45 | 72.16 | 71.50 | 76.09 | 81.01 |
To see the full year-wise statements and ratios of Madhucon Projects Limited, buy the company report.
Board of directors of Madhucon Projects Limited
Madhucon Projects has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kothapalli Venkateswarlu Also directs: Madhucon Developers Private Limited, Madhucon Heights Private Limited, Madhucon Mega Mall Private Limited and 5 more | Director | 11 Nov 2022 | 3 Years 11 Months | Current |
| Mohammad Shafi Also directs: Madhucon Developers Private Limited, Madhucon Properties Limited, Madhucon Heights Private Limited and 4 more | Whole-Time Director | 30 May 2015 | 11 Years 5 Months | Current |
| Venkata Sundara Jawaharlal Nehru Turlapati Also directs: KMK Global Limited | Director | 09 Aug 2025 | 1 Years 2 Months | Current |
| Geeta Battula | Director | 28 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Madhucon Projects Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bansal Construction Works Private Limited | ₹1,033.06 Cr (FY 2024) | 49.0% | Bhopal, Madhya Pradesh, India | |||
| U.P. Projects Corporation Limited | ₹1,030.77 Cr (FY 2023) | 17.0% | Uttar Pradesh, India | |||
| Krishna Corpindia Private Limited | ₹1,013.36 Cr (FY 2025) | 61.0% | Ahmedabad, Gujarat, India | |||
| Thakur Infra Projects Private Limited | ₹1,009.55 Cr (FY 2025) | 6.0% | Panvel, Maharashtra, India | |||
| Dee Vee Projects Limited | ₹1,002.43 Cr (FY 2024) | 1.0% | Korba, Chhattisgarh, India | |||
| Jhajharia Nirman Limited | ₹993.97 Cr (FY 2024) | 37.0% | New Delhi, Delhi, India | |||
| Shivam Condev Private Limited | ₹988.22 Cr (FY 2025) | 10.0% | Bhubaneswar, Odisha, India | |||
| Madhucon Projects Limitedthis company | ₹551.77 Cr (FY 2026) | -₹444.53 Cr | -80.6% | -18.4% | 258 | Khammam, Telangana, India |
To see the full peer comparison of Madhucon Projects Limited, buy the company report.
Auditor
Madhucon Projects Limited is audited by P Murali & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Murali & Co | FY 2023 | 007257S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 59.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 59.10% | 59.10% | 59.10% | 59.10% |
| Public | 40.90% | 40.90% | 40.90% | 40.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2017 | 100155093 | Others | ₹40 Cr | Open | |
| 10 Feb 2015 | 10587974 | Sbicap Trustee Company Limited | ₹1,191.6 Cr | Open | |
| 13 Dec 2013 | 10468422 | Axis Bank Limited | ₹40 Cr | Open | |
| 03 Mar 2010 | 10208501 | Axis Bank Limited | ₹193.5 Cr | Open | |
| 01 Oct 2009 | 10186411 | Srei Equipment Finance Private Limited | ₹26 Lakh | Open |
To see the full charge records of Madhucon Projects Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
Madhucon Projects Limited has 46 deals on record (46 market trades); the latest was in December 2011.
Deals on record (5 of 46)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2011 | Market trade | ₹4.7 Cr | Buyer: Axis Bank Limited Seller: Axis Bank Limited |
| Aug 2008 | Market trade | ₹10.06 Cr | Seller: Mirae Asset Investment Managers (India) Private Limited |
| Feb 2008 | Market trade | ₹17.5 Cr | Seller: Icici Prudential Life Insurance Company Limited |
| Jan 2008 | Market trade | ₹29.77 Cr | Buyer: Aditya Birla Sun Life Trustee Private Limited , an individual |
| Jan 2008 | Market trade | ₹13.72 Cr | Buyer: Dsp Merill Lynch Mutual Fund Seller: Nippon Life India Trustee Limited |
To see the full deal history of Madhucon Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Madhucon Projects Limited has 626 court cases on record: 278 filed by Madhucon Projects, 348 filed against it. 152 cases are pending and 474 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 384 | 150 | 110 |
| District courts | 187 | 158 | 36 |
| Supreme Court | 21 | 14 | 2 |
| NCLAT | 19 | 13 | 4 |
| NCLT | 15 | 13 | 0 |
Cases on record (5 of 626)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Madhucon Infra Ltd | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by Itd Cementation India Limited | Pending |
| District court, Ernakulam, Kerala | Arbitration matter | Filed against the company by M S Bharat Petroleum Corporation Ltd | Pending |
| Gauhati High Court | Court case (Crl.Pet.) | Filed by the company against M/S Arihant International Ltd and 1 other | Pending |
| NCLAT, NCLAT Chennai | Company appeal | Filed against the company by Dhanalakshmi Srinivasan Builders & Housing Private Limited | Pending |
To see the full case history of Madhucon Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Madhucon Projects Limited was last rated by Icra on 22 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Jun 2022 |
To see the full credit ratings and regulatory alerts of Madhucon Projects Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhucon Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Madhucon Projects has 13 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| TN (DK) Expressways Limited | U45200TG2006PLC048941 | |
| Madhucon Infra Limited | U45200TG2006PLC049235 | |
| Trichy-Thanjavur Expressways Limited | U45200TG2006PLC049815 | |
| Madurai-Tuticorin Expressways Limited | U45203TG2006PLC050114 | |
| Barasat-Krishnagar Expressways Limited | U45203TG2011PLC073469 | |
| Rajauli-Bakhtiyarpur Expressways Limited | U45203TG2012PLC080775 |
To see the full group structure of Madhucon Projects Limited, buy the company report.
Employees & EPFO
Madhucon Projects Limited has a workforce of 258 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Madhucon Projects has 35 GST registrations: 19 active and 16 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCM4757A1ZQ | Telangana | Active | 01 Jul 2017 |
| 36AABCM4757A3ZO | Telangana | Active | 01 Apr 2025 |
| 10AABCM4757A3Z2 | Bihar | Active | 01 Jul 2017 |
| 12AABCM4757A1Z0 | Arunachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhucon Projects Limited, buy the company report.
Recent activity
Madhucon Projects Limited has 36 board changes on record since 1990: 21 appointments and 15 cessations. The latest: Chinthapalli Lakshimikumari ceased to be Director on 08 Nov 2025.
152 earlier events are in the company report.
News
Frequently asked questions
Madhucon Projects is an active public limited company based in Khammam, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 15 March 1990 (36+ years old) and is registered under CIN L74210TG1990PLC011114. Listed on BSE: 531497 and NSE: MADHUCON.
Madhucon Projects reported revenue of ₹551.77 Cr for FY 2025-26 (down 18.4% YoY) based on consolidated financials.
Madhucon Projects has 4 current directors:
- Mohammad Shafi - Whole-Time Director
- Kothapalli Venkateswarlu - Director
- Venkata Sundara Jawaharlal Nehru Turlapati - Director
- Geeta Battula - Director
The latest financial statements of Madhucon Projects on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Madhucon Projects is 36AABCM4757A1ZQ, registered in Telangana. The company has 35 GST registrations in all, of which 19 are active and 16 are cancelled or inactive. Other active GSTINs include 36AABCM4757A3ZO (Telangana), 10AABCM4757A3Z2 (Bihar), 12AABCM4757A1Z0 (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Madhucon Projects is L74210TG1990PLC011114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Madhucon Projects is a listed company as per MCA records. Its shares are listed on both BSE (code: 531497) and NSE (symbol: MADHUCON).
Madhucon Projects has 626 court cases on record: 278 filed by the company and 348 filed against it. 152 are pending. Most are in the high courts.
Madhucon Projects was incorporated on 15 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Hyderabad.
Madhucon Projects has 46 deals on record (46 market trades); the latest was in December 2011.
The peers of Madhucon Projects by revenue are Bansal Construction Works Private Limited, U.P. Projects Corporation Limited, Krishna Corpindia Private Limited, Thakur Infra Projects Private Limited, Dee Vee Projects Limited and 2 more, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).