Announcement • Aug 10
Mahesh Developers Limited to Report Q1, 2027 Results on Aug 14, 2026 Mahesh Developers Limited announced that they will report Q1, 2027 results on Aug 14, 2026 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to ₹21.53, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 16x in the Construction industry in India. Total returns to shareholders of 111% over the past three years. Board Change • Jul 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Mittal Mehta was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 21
Mahesh Developers Limited to Report Q4, 2026 Results on May 30, 2026 Mahesh Developers Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Announcement • Mar 18
Mahesh Developers Limited, Annual General Meeting, Apr 10, 2026 Mahesh Developers Limited, Annual General Meeting, Apr 10, 2026, at 11:00 Indian Standard Time. Announcement • Mar 09
Mahesh Developers Limited, Annual General Meeting, Mar 31, 2026 Mahesh Developers Limited, Annual General Meeting, Mar 31, 2026, at 11:00 Indian Standard Time. Location: uma shikhar, 13th, road behind khar telephone exchange, khar - 400052, mumbai India Announcement • Feb 13
Mahesh Developers Limited to Report Q3, 2026 Results on Feb 19, 2026 Mahesh Developers Limited announced that they will report Q3, 2026 results on Feb 19, 2026 Announcement • Jan 30
Mahesh Developers Limited to Report Q2, 2026 Results on Feb 09, 2026 Mahesh Developers Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Feb 09, 2026 Announcement • Dec 31
Mahesh Developers Limited to Report Q1, 2026 Results on Jan 07, 2026 Mahesh Developers Limited announced that they will report Q1, 2026 results at 12:15 PM, Indian Standard Time on Jan 07, 2026 Announcement • Jun 30
Mahesh Developers Limited, Annual General Meeting, Aug 29, 2025 Mahesh Developers Limited, Annual General Meeting, Aug 29, 2025. Location: uma shikhar, 13th, road behind khar telephone exchange, khar - 400052, mumbai India Announcement • Jun 21
Mahesh Developers Limited to Report Q4, 2025 Results on Jun 27, 2025 Mahesh Developers Limited announced that they will report Q4, 2025 results on Jun 27, 2025 Announcement • Feb 12
Mahesh Developers Limited to Report Q3, 2025 Results on Feb 17, 2025 Mahesh Developers Limited announced that they will report Q3, 2025 results on Feb 17, 2025 Announcement • Feb 10
Mahesh Developers Limited to Report Q2, 2025 Results on Feb 15, 2025 Mahesh Developers Limited announced that they will report Q2, 2025 results on Feb 15, 2025 Announcement • Jan 31
Mahesh Developers Limited to Report Q1, 2025 Results on Feb 10, 2025 Mahesh Developers Limited announced that they will report Q1, 2025 results on Feb 10, 2025 Announcement • Jan 08
Mahesh Developers Limited to Report Q1, 2024 Results on Jan 16, 2025 Mahesh Developers Limited announced that they will report Q1, 2024 results on Jan 16, 2025 Announcement • May 26
Mahesh Developers Limited to Report Q4, 2024 Results on May 30, 2024 Mahesh Developers Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.03x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹34.0m market cap, or US$408.7k). New Risk • Mar 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Revenue is less than US$1m. Market cap is less than US$10m (₹41.6m market cap, or US$500.2k). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Mar 16
Mahesh Developers Limited to Report Q2, 2024 Results on Mar 22, 2024 Mahesh Developers Limited announced that they will report Q2, 2024 results at 12:15 PM, Indian Standard Time on Mar 22, 2024 Board Change • Jan 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Additional Non-Executive Independent Director Mittal Mehta was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (₹62.4m market cap, or US$751.3k). New Risk • Nov 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Revenue is less than US$1m. Market cap is less than US$10m (₹33.0m market cap, or US$396.7k). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • Sep 28
Mahesh Developers Limited Announces Board Appointments Mahesh Developers Limited announced at the AGM held on September 27, 2023, approved Appointment of Mrs. Mittal Vipul Mehta as Non-Executive Independent Director of the Company and appointment of Mr. Ratilal Sapariya as Whole Time Director of the Company. Announcement • Sep 03
Mahesh Developers Limited, Annual General Meeting, Sep 27, 2023 Mahesh Developers Limited, Annual General Meeting, Sep 27, 2023, at 11:00 Indian Standard Time. Location: SETH ISSARDAS VARANDMAL MEMORIAL DHARAMSHALA, OPP. SINDHU SWEETS, 3RD ROAD, KHAR (W), Mumbai India Agenda: To consider and adopt the financial statements of the Company for the financial year ended 31 March 2023, together with the Directors' and Auditors' Reports thereon; to appoint a Director in place of Mrs. Jalpa Sapariya, who retires by rotation and, being eligible, offers herself for re-appointment; to approve the Appointment of Mrs. Mittal Vipul Mehta as Non-Executive Independent Director of the Company; to approve the appointment of Mr. Ratilal Sapariya as Whole Time Director of the Company; and to consider other matters. Announcement • Sep 01
Mahesh Developers Limited Appoints Vidhi Mehta as the Company Secretary and Compliance Officer, Effective September 1, 2023 Mahesh Developers Limited informed that the Board of Directors in its meeting held on September 1, 2023, considered and approved the appointment of Ms. Vidhi Mehta, as the Company Secretary and Compliance officer. Ms. Vidhi Mehta, is a member of the Institute of Company Secretaries of India. She has Comprehensive and extensive experience in secretarial and compliance management across organizations. Announcement • Aug 11
Mahesh Developers Limited Announces Resignation of Pinkesh Hasmukhlal Upadhyay from the Board Mahesh Developers Limited announced that Mr. Pinkesh Hasmukhlal Upadhyay has resigned from the Board of the Company as an Independent Director due to time constraints arising on account of pre-occupancy and other personal reasons with effect from 10 August 2023. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹9.28, the stock trades at a trailing P/E ratio of 58.9x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 75% over the past three years. New Risk • Jul 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Revenue is less than US$1m. Market cap is less than US$10m (₹46.6m market cap, or US$568.9k). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Jun 23
Mahesh Developers Limited Approves Resignation of Cs Shilpi Bain as the Company Secretary Mahesh Developers Limited informed that the Meeting of the Board of Directors of the Company was held on 22nd June, 2023 approved resignation of CS Shilpi Bain as the Company Secretary of the Company with effect from 22 0d June, 2023. Announcement • Jun 17
Mahesh Developers Limited to Report Fiscal Year 2023 Results on Jun 22, 2023 Mahesh Developers Limited announced that they will report fiscal year 2023 results on Jun 22, 2023 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹11.90, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹12.80, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 22x in the Real Estate industry in India. Total loss to shareholders of 30% over the past three years. Buying Opportunity • Feb 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be ₹18.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 150% over the last 3 years. Earnings per share has grown by 48%. Announcement • Jan 27
Mahesh Developers Limited to Report Q3, 2023 Results on Feb 10, 2023 Mahesh Developers Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improved over the past week After last week's 22% share price gain to ₹15.80, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 24x in the Real Estate industry in India. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹14.70, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 25x in the Real Estate industry in India. Total loss to shareholders of 14% over the past three years. Buying Opportunity • Dec 30
Now 20% undervalued Over the last 90 days, the stock is up 34%. The fair value is estimated to be ₹20.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 160% over the last 3 years. Earnings per share has grown by 52%. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Jayram Mulchandani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Mahesh Developers Limited to Report Q2, 2023 Results on Nov 14, 2022 Mahesh Developers Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₹11.56, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 24x in the Real Estate industry in India. Total loss to shareholders of 39% over the past three years. Announcement • Sep 03
Mahesh Developers Limited, Annual General Meeting, Sep 29, 2022 Mahesh Developers Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Location: Seth Issardas Varandmal Memorial Dharamshala, Opp. Sindhu Sweets, 3rd Road , Khar 0N) Mumbai India Agenda: To consider and adopt the financial statements of the Company for the financial year ended 31st March 2022, together with the Directors' and Auditors' Reports thereon; and to appoint a Director in place of Mr. Nikunj S Shah (DIN: 08700902), who retires by rotation and, being eligible, offers himself self for re-appointment. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 27% share price gain to ₹10.02, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 26x in the Real Estate industry in India. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 15% share price gain to ₹7.51, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 26x in the Real Estate industry in India. Total loss to shareholders of 67% over the past three years. Announcement • Jul 22
Mahesh Developers Limited to Report Q1, 2023 Results on Aug 10, 2022 Mahesh Developers Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹6.17, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 26x in the Real Estate industry in India. Total loss to shareholders of 70% over the past three years. Announcement • Jun 09
Mahesh Developers Limited Appoints Shilpi Bain as Company Secretary and Compliance Officer Mahesh Developers Limited appointed Ms. Shilpi Bain as Whole Time Company Secretary and Compliance Officer effective June 8, 2022. Ms. Shilpi Bain is a Associate Member of the Institute of Company Secretaries of India, having membership no. ACS 40141. Announcement • May 18
Mahesh Developers Limited to Report Q4, 2022 Final Results on May 30, 2022 Mahesh Developers Limited announced that they will report Q4, 2022 final results on May 30, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Jayram Mulchandani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹9.67, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 29x in the Real Estate industry in India. Total returns to shareholders of 105% over the past year. Announcement • Feb 03
Mahesh Developers Limited to Report Q3, 2022 Results on Feb 14, 2022 Mahesh Developers Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Non-Executive Independent Director Jayram Mulchandani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Mar 05
New 90-day low: ₹4.70 The company is down 7.0% from its price of ₹5.04 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 30% over the same period. Announcement • Feb 06
Mahesh Developers Limited to Report Q3, 2021 Results on Feb 13, 2021 Mahesh Developers Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 12
New 90-day high: ₹5.78 The company is up 33% from its price of ₹4.33 on 14 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 52% over the same period. Is New 90 Day High Low • Nov 09
New 90-day high: ₹5.40 The company is up 19% from its price of ₹4.54 on 11 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: ₹4.42 The company is down 37% from its price of ₹7.07 on 08 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period. Reported Earnings • Oct 03
First quarter earnings released Over the last 12 months the company has reported total profits of ₹492.5k, down 29% from the prior year. Total revenue was ₹5.40m over the last 12 months, down 17% from the prior year. Announcement • Oct 01
Mahesh Developers Limited Announces Management Changes Mahesh Developers Limited, at the board meeting held on September 30, 2020 the board of directors noted the resignations of Ms. Geeta Shethia as a Director and CS Himani Dawda as a Company Secretary of the company.