About Modern Engineering and Projects Limited
Data last updated:
Modern Engineering and Projects Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 26 February 1946 and has been in existence for over 80 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L01132MH1946PLC381640. Its GSTIN is 27AABCM8409K1Z7 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 539762.
The company has an authorised share capital of ₹53.15 Cr and a paid-up capital of ₹15.45 Cr. It is led by directors including Fattehsingh Krishnrao Patil (Managing Director) and Vaishali Sahebrao Mulay.
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 Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹119.79 Cr, a growth of 25.3% compared to the previous year. For the same year it recorded a net profit of ₹8.49 Cr (net margin 7.1%) and EBITDA of ₹11.43 Cr (EBITDA margin 9.5%). The net worth stands at ₹64.47 Cr (up 15.1% YoY). Total assets are valued at ₹100.57 Cr (up 57.6% YoY).
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indian Casino and Lottery Insider. As per MCA filings, the company has open charges of ₹43 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 60 deals on record (60 market trades); the latest was in August 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modernconvertors.com.
Company details
CIN history
Modern Engineering and Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L01132MH1946PLC381640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L01132MH1946PLC381640 | Current |
| L01132WB1946PLC013314 | Previous |
| U01132WB1946PLC013314 | Previous |
Contact details
Modern Engineering and Projects Limited's registered office is in Mumbai, Maharashtra. Its website is modernconvertors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 1106 11th Floor Hallmark Business Plaza, Near Guru Nanak Hospital, Mumbai, Maharashtra, India – 400051
- IndustryAgriculture, Agri Support Services
To see the full contact details of Modern Engineering and 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
Modern Engineering and Projects operates one associated brand: Indian Casino and Lottery Insider. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Content on Indian casino and lottery trends is provided. | modernconvertors.com |
Business activity
The main business activity of Modern Engineering and 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 Modern Engineering and Projects Limited, buy the company report.
Financials of Modern Engineering and Projects Limited
FY 2025-26 filings availableModern Engineering and Projects Limited reported revenue of ₹119.79 Cr (up 25.3% YoY) for FY 2025-26.
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 | 120 | 95.61 | 93.22 | 67.80 | 1.34 | 0.08 | 0.06 |
| Revenue growth | +25.3% | +2.6% | +37.5% | +4959.7% | +1575.0% | +33.3% | - |
| EBITDA | 11.43 | 7.38 | 9.88 | (2.74) | (1.82) | (0.04) | (0.16) |
| EBITDA margin | +9.5% | +7.7% | +10.6% | -4.0% | -135.8% | -50.0% | -266.7% |
| Profit before tax | 11.42 | 7.30 | 6.70 | (2.81) | (3.08) | (0.04) | (0.16) |
| Net profit | 8.49 | 7.06 | 3.39 | (2.65) | (2.99) | (0.04) | (0.16) |
| Net profit margin | +7.1% | +7.4% | +3.6% | -3.9% | -223.1% | -50.0% | -266.7% |
| EPS (₹) | 5.49 | 4.72 | 11.80 | (8.57) | (9.69) | (0.16) | (0.49) |
| Balance sheet | |||||||
| Total assets | 101 | 63.80 | 11.28 | 4.30 | 9.26 | 3.07 | 3.17 |
| Net worth | 64.47 | 56.02 | (0.74) | (4.37) | 0.07 | 3.07 | 3.17 |
| Total debt | 35.65 | 7.67 | 11.94 | 8.67 | 9.19 | 0.00 | 0.00 |
| Cash & bank | 2.78 | 3.22 | 2.60 | 1.69 | 0.15 | 0.16 | 0.01 |
| Net working capital | 46.60 | 25.53 | (9.64) | (10.59) | 3.45 | 3.07 | 3.17 |
| Cash flow | |||||||
| Cash from operations | (14.82) | (26.80) | 5.28 | 15.13 | (2.91) | 0.02 | (0.03) |
| Cash from investing | (15.26) | (17.40) | (6.67) | (12.92) | (2.68) | 0.00 | 0.00 |
| Cash from financing | 29.64 | 44.82 | 2.30 | (0.67) | 5.60 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.82 | 47.62 | 24.80 | 16.42 | 30.94 | 42.20 | 22.68 | 16.25 |
| Revenue growth (YoY) | -58.6% | +12.8% | +9.4% | +1.1% | +113.5% | - | - | - |
| Other income | 0.02 | 0.54 | 0.52 | 1.49 | 0.52 | 0.24 | 0.06 | 0.64 |
| Total expenses | 10.68 | 46.85 | 20.28 | 13.05 | 28.18 | 30.51 | 26.04 | 17.70 |
| EBITDA | 2.14 | 0.77 | 4.52 | 3.37 | 2.76 | 11.69 | (3.36) | (1.45) |
| EBITDA margin | +16.7% | +1.6% | +18.2% | +20.5% | +8.9% | +27.7% | -14.8% | -8.9% |
| Depreciation | 0.34 | 0.47 | 0.52 | 0.57 | 0.55 | 0.54 | 0.44 | 0.41 |
| Interest | 0.79 | 0.35 | 0.19 | (0.08) | 0.48 | 0.28 | 0.10 | 0.11 |
| Profit before tax | 1.03 | 0.49 | 4.33 | 4.37 | 2.25 | 11.11 | (3.84) | (1.33) |
| Tax | 0.34 | 0.12 | 0.95 | 1.42 | 0.43 | 1.74 | (0.23) | (1.75) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.82 | 47.62 | 24.80 | 16.42 | 30.94 | 42.20 | 22.68 | 16.25 |
| Revenue growth (YoY) | -58.6% | +12.8% | +9.4% | +1.1% | +113.5% | - | - | - |
| Other income | 0.02 | 0.54 | 0.52 | 1.49 | 0.52 | 0.24 | 0.06 | 0.64 |
| Total expenses | 10.68 | 46.85 | 20.28 | 13.05 | 28.18 | 30.51 | 26.04 | 17.70 |
| EBITDA | 2.14 | 0.77 | 4.52 | 3.37 | 2.76 | 11.69 | (3.36) | (1.45) |
| EBITDA margin | +16.7% | +1.6% | +18.2% | +20.5% | +8.9% | +27.7% | -14.8% | -8.9% |
| Depreciation | 0.34 | 0.47 | 0.52 | 0.57 | 0.55 | 0.54 | 0.44 | 0.41 |
| Interest | 0.79 | 0.35 | 0.19 | (0.08) | 0.48 | 0.28 | 0.10 | 0.11 |
| Profit before tax | 1.03 | 0.49 | 4.33 | 4.37 | 2.25 | 11.11 | (3.84) | (1.33) |
| Tax | 0.34 | 0.12 | 0.95 | 1.42 | 0.43 | 1.74 | (0.23) | (1.75) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 120 | 95.61 | 93.22 | 67.80 | 1.34 | 0.08 | 0.06 |
| Revenue growth | +25.3% | +2.6% | +37.5% | +4959.7% | +1575.0% | +33.3% | - |
| Other income | 3.06 | 2.30 | 0.62 | 1.63 | 0.07 | 0.00 | 0.00 |
| Total expenses | 108 | 88.23 | 83.34 | 70.54 | 3.16 | 0.12 | 0.22 |
| Employee cost | 8.43 | 5.47 | 5.24 | 4.02 | 1.04 | 0.02 | 0.01 |
| EBITDA | 11.43 | 7.38 | 9.88 | (2.74) | (1.82) | (0.04) | (0.16) |
| EBITDA margin | +9.5% | +7.7% | +10.6% | -4.0% | -135.8% | -50.0% | -266.7% |
| Depreciation | 2.13 | 1.79 | 2.84 | 1.38 | 0.97 | 0.00 | 0.00 |
| Interest | 0.94 | 0.59 | 0.96 | 0.32 | 0.36 | 0.00 | 0.00 |
| Profit before tax | 11.42 | 7.30 | 6.70 | (2.81) | (3.08) | (0.04) | (0.16) |
| Tax | 2.93 | 0.00 | 3.05 | (0.16) | (0.09) | 0.00 | 0.00 |
| Net profit | 8.49 | 7.06 | 3.39 | (2.65) | (2.99) | (0.04) | (0.16) |
| Net profit margin | +7.1% | +7.4% | +3.6% | -3.9% | -223.1% | -50.0% | -266.7% |
| EPS (₹) | 5.49 | 4.72 | 11.80 | (8.57) | (9.69) | (0.16) | (0.49) |
| 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 | 15.45 | 15.45 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 |
| Reserves & surplus | 49.02 | 40.57 | (3.83) | (7.46) | (3.02) | (0.02) | 0.08 |
| Shareholders' funds (net worth) | 64.47 | 56.02 | (0.74) | (4.37) | 0.07 | 3.07 | 3.17 |
| Secured loans | 26.49 | 5.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 9.16 | 2.40 | 11.94 | 8.67 | 9.19 | 0.00 | 0.00 |
| Total debt | 35.65 | 7.67 | 11.94 | 8.67 | 9.19 | 0.00 | 0.00 |
| Total liabilities | 101 | 63.80 | 11.28 | 4.30 | 9.26 | 3.07 | 3.17 |
| Assets | |||||||
| Gross block | 28.79 | 28.19 | 20.02 | 14.98 | 4.28 | 0.00 | 0.00 |
| Net block | 15.18 | 16.44 | 17.88 | 14.05 | 4.06 | 0.00 | 0.00 |
| Capital work in progress | 15.37 | 12.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 18.04 | 4.40 | 0.00 | 0.00 | 0.74 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 |
| Sundry debtors | 93.57 | 66.54 | 22.47 | 3.61 | 1.50 | 0.00 | 0.00 |
| Cash & bank balances | 2.78 | 3.22 | 2.60 | 1.69 | 0.15 | 0.16 | 0.01 |
| Loans & advances | 21.74 | 10.41 | 1.97 | 16.44 | 2.41 | 2.92 | 3.13 |
| Total current assets | 118 | 80.17 | 27.04 | 21.74 | 4.06 | 3.08 | 3.18 |
| Total current liabilities | 71.49 | 54.64 | 36.68 | 32.33 | 0.61 | 0.01 | 0.01 |
| Net working capital | 46.60 | 25.53 | (9.64) | (10.59) | 3.45 | 3.07 | 3.17 |
| Total assets | 101 | 63.80 | 11.28 | 4.30 | 9.26 | 3.07 | 3.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.22 | 2.60 | 1.69 | 0.15 | 0.14 | 0.00 | 0.04 |
| Net cash from operating activities | (14.82) | (26.80) | 5.28 | 15.13 | (2.91) | 0.02 | (0.03) |
| Net cash from investing activities | (15.26) | (17.40) | (6.67) | (12.92) | (2.68) | 0.00 | 0.00 |
| Net cash from financing activities | 29.64 | 44.82 | 2.30 | (0.67) | 5.60 | 0.00 | 0.00 |
| Net change in cash | (0.44) | 0.62 | 0.91 | 1.54 | 0.01 | 0.02 | (0.03) |
| Closing cash | 2.78 | 3.22 | 2.60 | 1.69 | 0.15 | 0.16 | 0.01 |
| 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 | +25.3% | +2.6% | +37.5% | +4959.7% | +1575.0% | +33.3% | - |
| EBITDA growth | +54.9% | -25.3% | +460.6% | -50.6% | -4450.0% | +75.0% | - |
| PBT growth | +56.4% | +9.0% | +9998.0% | +8.8% | -7600.0% | +75.0% | -14.3% |
| Net income growth | +20.3% | +108.3% | +227.9% | +11.4% | -7375.0% | +75.0% | - |
| Revenue CAGR (3Y) | +20.9% | +314.8% | +952.3% | +941.6% | +411.7% | -66.7% | -12.6% |
| EBITDA CAGR (3Y) | - | - | - | +157.8% | +135.1% | -52.4% | +100.0% |
| Profitability & leverage | |||||||
| Net income margin | +7.1% | +7.6% | +3.9% | -3.9% | -223.1% | -50.0% | -266.7% |
| Return on capital employed | +15.1% | +19.8% | +75.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +14.1% | +24.4% | -1377.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.36 | 0.35 | 0.00 | 0.00 | 2.93 | 0.00 | 0.00 |
| Long-term debt / equity | 0.27 | 0.29 | 0.00 | 0.00 | 2.73 | 0.00 | 0.00 |
| Interest cover | 10.11 | 10.55 | 13.64 | -7.77 | -12.90 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.20 | 3.97 | 5.33 | 7.04 | 0.63 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.60 |
| Debtors turnover | 1.50 | 2.15 | 7.15 | 26.54 | 1.79 | 0.00 | 0.00 |
| EPS (₹) | 5.49 | 4.72 | 11.80 | (8.57) | (9.69) | (0.16) | (0.49) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 41.73 | 36.26 | (2.38) | (14.15) | 0.23 | 9.92 | 10.25 |
To see the full year-wise statements and ratios of Modern Engineering and Projects Limited, buy the company report.
Board of directors of Modern Engineering and Projects Limited
Modern Engineering and Projects has 6 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Sahebrao Mulay Also directs: Araha Properties LLP, Agriden Cultigro Private Limited | Director | 16 Apr 2021 | 5 Years 6 Months | Current |
| Ajit Arvind Sagane | Director | 28 Aug 2025 | 1 Years 2 Months | Current |
| Fattehsingh Krishnrao Patil Also directs: Square Port Shipyard Private Limited | Managing Director | 01 Mar 2025 | 1 Years 8 Months | Current |
| Radheshyam Laxmanrao Mopalwar Also directs: Av Priyam Projects LLP, Av Priyam Buildcon LLP, Hazoor Multi Projects Limited and 4 more | Director | 19 Nov 2024 | 1 Years 11 Months | Current |
| Shivratan Krishnakumar Agarwal Also directs: Ekansh Concepts Limited | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Abhijit Jayant Deshpande | Additional Director | 12 May 2026 | 0 Years 5 Months | Current |
Auditor
Modern Engineering and Projects Limited is audited by K K A B & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K A B & CO LLP | FY 2023 | 132029W/W100204 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 33.30%, foreign institutional investors hold 6.50%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 60.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 33.30% | 33.30% | 33.30% | 33.30% |
| Public | 66.70% | 66.70% | 66.70% | 66.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2026 | 101280520 | Others | ₹25 Cr | Open | |
| 13 Jan 2025 | 101031490 | Others | ₹18 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Modern Engineering and Projects Limited has 60 deals on record (60 market trades); the latest was in August 2026.
Deals on record (5 of 60)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Market trade | ₹34.1 Lakh | Seller: Lorenzini Apparels Limited |
| Mar 2025 | Market trade | ₹97.4 Lakh | Buyer: Anoop Jain (Huf), an individual Seller: Satsai Finlease Private Limited , 2 individuals |
| Jan 2025 | Market trade | ₹45.3 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Jan 2025 | Market trade | ₹2.42 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Mithun Securities Private Limited , Wessel Consultancy Private Limited |
| Nov 2024 | Market trade | ₹48.6 Lakh | Buyer: Piyush Securities Pvt Ltd |
To see the full deal history of Modern Engineering and 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
Modern Engineering and Projects Limited has 2 court cases on record: 1 filed by Modern Engineering and Projects, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (MAT) | Filed against the company by Income Tax Officer Soumen Bhattacharya | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Wad 4 Kolkata and Ors | Disposed |
To see the full case history of Modern Engineering and 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Engineering and Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modern Engineering and Projects Limited has a workforce of 73 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 73 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Modern Engineering and Projects Limited, buy the company report.
GST
Modern Engineering and Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM8409K1Z7 | Maharashtra | Active | 01 Jun 2021 |
To see the full GST registrations and return filing status of Modern Engineering and Projects Limited, buy the company report.
Recent activity
Modern Engineering and Projects Limited has 59 board changes on record since 1967: 33 appointments and 26 cessations. The latest: Abhijit Jayant Deshpande was appointed as Additional Director on 12 May 2026.
52 earlier events are in the company report.
News
Frequently asked questions
Modern Engineering and Projects is an active public limited company based in Mumbai, Maharashtra, India. The company works in agri support services, within the agriculture industry. It was incorporated on 26 February 1946 (80+ years old) and is registered under CIN L01132MH1946PLC381640. Listed on BSE: 539762.
Modern Engineering and Projects reported revenue of ₹119.79 Cr for FY 2025-26 (up 25.3% YoY) based on standalone financials.
Modern Engineering and Projects has 6 current directors:
- Fattehsingh Krishnrao Patil - Managing Director
- Vaishali Sahebrao Mulay - Director
- Ajit Arvind Sagane - Director
- Radheshyam Laxmanrao Mopalwar - Director
- Shivratan Krishnakumar Agarwal - Director
- Abhijit Jayant Deshpande - Additional Director
The latest financial statements of Modern Engineering and Projects 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 Modern Engineering and Projects is 27AABCM8409K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Modern Engineering and Projects is L01132MH1946PLC381640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Modern Engineering and Projects is a listed company as per MCA records. Its shares are listed on BSE (code: 539762).
Modern Engineering and Projects has 2 court cases on record: 1 filed by the company and 1 filed against it.
Modern Engineering and Projects was incorporated on 26 February 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.
Modern Engineering and Projects has 60 deals on record (60 market trades); the latest was in August 2026.
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