Mahesh Developers
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Mahesh Developers' board approved a proposal to raise up to Rs 30 crore through equity shares, convertible securities or other eligible securities via preferential issue, qualified institutional placement, rights issue or other methods, subject to shareholder and regulatory approvals. The board also revised the authorised share capital increase to Rs 25 crore from Rs 5 crore, withdrawing an earlier shareholder approval for Rs 100 crore, and approved alterations to the memorandum and articles of association to be placed before an extraordinary general meeting. It appointed Sunny Chowdhry as additional executive director and Ashutosh Beri as additional non-executive director with effect from 30 October 2026, and approved unaudited standalone results for the quarter and half year ended 30 September 2026 with quarterly total income of Rs 37.11 lakh and net profit of Rs 1.20 lakh.
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Mahesh Developers' board approved a proposal to raise up to Rs 30 crore through equity shares, convertible securities or other eligible securities via preferential issue, qualified institutional placement, rights issue or other methods, subject to shareholder and regulatory approvals. The board also revised the authorised share capital increase to Rs 25 crore from Rs 5 crore, withdrawing an earlier shareholder approval for Rs 100 crore, and approved alterations to the memorandum and articles of association to be placed before an extraordinary general meeting. It appointed Sunny Chowdhry as additional executive director and Ashutosh Beri as additional non-executive director with effect from 30 October 2026, and approved unaudited standalone results for the quarter and half year ended 30 September 2026 with quarterly total income of Rs 37.11 lakh and net profit of Rs 1.20 lakh.
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What does Mahesh Developers do?
Mahesh Developers (Formerly known as Mahesh Developers Private Limited) was incorporated on August 8, 2008 and registered office of the company is situated Road Behind Khar Telephone Exchange, Khar (West), Mumbai. The company is engaged in the business of Civil Construction and Real Estate Development.
Who are the competitors of Mahesh Developers?
Mahesh Developers major competitors are Jet Solar, KMF Builders&Develop, Dhanuka Infra Realty, Epsom Properties, Croissance, Link House Inds., Sterling Green Woods. Market Cap of Mahesh Developers is ₹8 Crs. While the median market cap of its peers are ₹7 Crs.
Is Mahesh Developers financially stable compared to its competitors?
Mahesh Developers seems to be less financially stable compared to its competitors. Altman Z score of Mahesh Developers is -0.48 and is ranked 8 out of its 8 competitors.
Does Mahesh Developers pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Mahesh Developers latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Mahesh Developers allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Mahesh Developers balance sheet?
Mahesh Developers balance sheet is weak and might have solvency issues
Is the profitablity of Mahesh Developers improving?
No, profit is decreasing. The profit of Mahesh Developers is ₹0.02 Crs for Mar 2025, ₹0.03 Crs for Mar 2024 and ₹0.07 Crs for Mar 2023
Is the debt of Mahesh Developers increasing or decreasing?
Yes, The net debt of Mahesh Developers is increasing. Latest net debt of Mahesh Developers is ₹10.92 Crs as of Sep-26. This is greater than Mar-25 when it was ₹10.11 Crs.
Is Mahesh Developers stock expensive?
Yes, Mahesh Developers is expensive. Latest PE of Mahesh Developers is 62.94, while 3 year average PE is 28.29. Also latest EV/EBITDA of Mahesh Developers is 142 while 3yr average is 31.32.
Has the share price of Mahesh Developers grown faster than its competition?
Mahesh Developers has given lower returns compared to its competitors. Mahesh Developers has grown at ~-94.4% over the last 7yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about Mahesh Developers?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Mahesh Developers is 72.29% and last quarter promoter holding is 72.29%.
Are mutual funds buying/selling Mahesh Developers?
The mutual fund holding of Mahesh Developers is stable. The current mutual fund holding in Mahesh Developers is 0.05% while previous quarter holding is 0.05%.