BSE:539126

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MEP Infrastructure Developers

Executive Summary

MEP Infrastructure Developers Limited, together with its subsidiaries, engages in toll operation and maintenance, and road construction activities in India.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has MEP Infrastructure Developers's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539126's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.8%

539126

4.5%

IN Infrastructure

3.2%

IN Market


1 Year Return

-50.2%

539126

-14.1%

IN Infrastructure

2.6%

IN Market

Return vs Industry: 539126 underperformed the Indian Infrastructure industry which returned -14.1% over the past year.

Return vs Market: 539126 underperformed the Indian Market which returned 2.6% over the past year.


Shareholder returns

539126IndustryMarket
7 Day-1.8%4.5%3.2%
30 Day-24.0%-3.0%4.5%
90 Day-12.6%12.8%22.2%
1 Year-49.7%-50.2%-12.9%-14.1%4.5%2.6%
3 Year-86.4%-86.7%-25.6%-27.5%3.8%-1.1%
5 Year-70.7%-71.4%-16.8%-20.6%29.5%19.9%

Price Volatility Vs. Market

How volatile is MEP Infrastructure Developers's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MEP Infrastructure Developers undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 539126 (₹15.95) is trading below our estimate of fair value (₹186.91)

Significantly Below Fair Value: 539126 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 539126 is unprofitable, so we can't compare its PE Ratio to the IN Infrastructure industry average.

PE vs Market: 539126 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539126's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539126 is overvalued based on its PB Ratio (1.5x) compared to the IN Infrastructure industry average (0.3x).


Next Steps

Future Growth

How is MEP Infrastructure Developers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.8%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MEP Infrastructure Developers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has MEP Infrastructure Developers performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539126 is currently unprofitable.

Growing Profit Margin: 539126 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 539126 is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.

Accelerating Growth: Unable to compare 539126's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 539126 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-9.8%).


Return on Equity

High ROE: 539126 has a negative Return on Equity (-44.33%), as it is currently unprofitable.


Next Steps

Financial Health

How is MEP Infrastructure Developers's financial position?


Financial Position Analysis

Short Term Liabilities: 539126's short term assets (₹23.8B) do not cover its short term liabilities (₹29.5B).

Long Term Liabilities: 539126's short term assets (₹23.8B) exceed its long term liabilities (₹17.6B).


Debt to Equity History and Analysis

Debt Level: 539126's debt to equity ratio (943.7%) is considered high.

Reducing Debt: 539126 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 539126's debt is well covered by operating cash flow (41.9%).

Interest Coverage: Insufficient data to determine if 539126's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is MEP Infrastructure Developers's current dividend yield, its reliability and sustainability?

1.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 539126's dividend (1.88%) is higher than the bottom 25% of dividend payers in the Indian market (0.63%).

High Dividend: 539126's dividend (1.88%) is low compared to the top 25% of dividend payers in the Indian market (2.62%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 539126 has been paying a dividend for less than 10 years.

Growing Dividend: 539126's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: 539126 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Jayant Mhaiskar (44 yo)

6.08yrs

Tenure

₹18,000,000

Compensation

Mr. Jayant D. Mhaiskar has been the Managing Director of MEP Infrastructure Developers Limited since July 01, 2014 and its Chairman since February 2018. Mr. Mhaiskar serves as Promoter of MEP Infrastructur ...


CEO Compensation Analysis

Compensation vs Market: Jayant's total compensation ($USD240.30K) is above average for companies of similar size in the Indian market ($USD49.12K).

Compensation vs Earnings: Jayant's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jayant Mhaiskar
Chairman & MD6.08yrs₹18.00m7.83%
₹ 229.0m
M. Sankaranarayanan
Chief Financial Officer7.25yrs₹8.38m0.000010%
₹ 292.6
Harshad Pusalkar
Compliance Officer & Company Secretary3.25yrs₹2.05mno data
Murzash Manekshana
Head of Corporate Strategy & New Business3.17yrs₹30.00m0.013%
₹ 369.3k
Subodh Garud
Chief Executive Officer of Toll Operations1.5yrs₹1.07m0.0052%
₹ 153.0k
Pandurang Dandawate
Chief Executive Officer - Roads & Infrastructure Segment3.25yrs₹24.75mno data
Sameer Apte
Chief Operating Officer of Corporateno datano datano data
Arvind Vinze
Head of Business Development & Corporate Communications8.58yrsno datano data
Vilas Pradhan
President of Human Resourceno datano datano data
Uttam Pawar
Chief Tolling Officerno datano datano data
Amit Mokashi
Deputy Chief Executive Officer - Roads & Infrastructure Segment3.25yrsno datano data

3.3yrs

Average Tenure

48yo

Average Age

Experienced Management: 539126's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jayant Mhaiskar
Chairman & MD6.08yrs₹18.00m7.83%
₹ 229.0m
Anuya Mhaiskar
Non-Independent Non-Executive Director14yrsno data9.28%
₹ 271.5m
Mira Mehrishi
Independent Director3.67yrs₹115.00kno data
Sudha Mhaiskar
Non-Independent Non-Executive Director2.5yrsno data11.07%
₹ 323.8m
Deepak Chitnis
Independent Director5.92yrs₹215.00kno data
Khimji Pandav
Independent Director5.92yrs₹220.00kno data

4.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 539126's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MEP Infrastructure Developers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MEP Infrastructure Developers Limited
  • Ticker: 539126
  • Exchange: BSE
  • Founded: 2002
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: ₹2.926b
  • Shares outstanding: 183.45m
  • Website: https://www.mepinfra.com

Number of Employees


Location

  • MEP Infrastructure Developers Limited
  • A-412, Boomerang
  • Chandivali Farm Road
  • Mumbai
  • Maharashtra
  • 400072
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539126BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2015
MEPNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2015

Biography

MEP Infrastructure Developers Limited, together with its subsidiaries, engages in toll operation and maintenance, and road construction activities in India. The company also constructs and repairs roads; m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:44
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.