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Earnings Call

Meghna Infracon Infrastructure Earnings Call: Key Takeaways

Meghna Infracon (formerly Naysaa Securities) transitions to a pure-play Mumbai redevelopment developer, reporting FY26 revenue of ₹46.2cr and PAT of ₹5.59cr.

Highlights
Revenue growthFY26 growth of 15.84% YoY; Q4 grew 52.47% YoY.
MarginsEBITDA margin declined from 29% to 22% due to business transition.
Order bookOngoing/upcoming GDV exceeding ₹2,100 crores.
Demand visibilityStrong in Goregaon and Bandra/Santa Cruz micro-markets.
Management confidenceHigh; citing local expertise and execution speed (16-month OC delivery).

Growth

Revenue grew 15.84% YoY in FY26; Q4 FY26 revenue rose 52.47% to ₹18.48cr. Collections increased 36.69% to ₹24.92cr.

Outlook

Targets doubling ₹2,100cr GDV pipeline in two years; 1M sq ft launches by Dec 2026; zero-debt strategy.

Risks

Transition-related margin compression; slow BMC approvals; commodity price volatility; heavy competition in South Mumbai luxury segments.

Source

Earnings Call filed with BSE, BSE: 538668. Summary written with AI assistance from the document.

Read the document ↗

Meghna Infracon Infrastructure Ltd: key numbers

Share price
₹703.70
Market cap
₹1,529 Cr
Revenue (annual)
₹46.20 Cr
Net profit (annual)
₹5.39 Cr
P/E (TTM)
337.4×Sector 22.0×
Promoter holding
47.01%+0.00% QoQ
FII holding
7.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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12:33 IST BSE
Capital Structure Change

Meghna Infracon Infrastructure Capital Structure Change

Director Vikram Jayantilal Lodha acquired 10,000 equity shares of Meghna Infracon Infrastructure Ltd via open market purchase for ₹0.69 Crore.

Value
₹0.69 Cr
12:26 IST BSE
Promoter Buying

Meghna Infracon Infrastructure Promoter Buying: ₹0.69 Cr

Promoter Vikram Lodha acquired 10,000 equity shares from the open market at Rs.687.99 per share, totaling Rs.68.80 Lakh. This increases his stake by 0.4046% of total shareholding.

Value
₹0.69 Cr
Promoter stake change
+0.40%
12:18 IST BSE
Management Change

Meghna Infracon Infrastructure Management Change

Meghna Infracon's board appointed Ishaan Vikram Lodha as CEO and Naysaa Vikram Lodha as Non-Executive Director. Ishaan resigned as NED effective immediately, reshaping company leadership.

21:15 IST BSE
Annual General Meeting

Meghna Infracon Infrastructure Annual General Meeting

Meghna Infracon Infrastructure Ltd has issued a notice regarding its 19th Annual General Meeting (AGM) to be held on September 30, 2026, via video conferencing.

20:43 IST BSE
Annual Report

Meghna Infracon Infrastructure Annual Report

Meghna Infracon Infrastructure Limited has submitted its 19th Annual Report for the financial year 2025-26 to the BSE, complying with regulatory filing requirements.

13:35 IST BSE
Dividend

Meghna Infracon Infrastructure Dividend

Meghna Infracon Infrastructure Limited recommended a final dividend of ₹0.25 per equity share for FY 2025-26. The record date is 17 September 2026.