MCON Rasayan India Ltd (MCON) — shareholding pattern, promoter holding, financials and share price
About MCON Rasayan India Ltd (MCON)
MCON Rasayan India Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as MCON and on the BSE under scrip code 78384. Its ISIN is INE0O4M01019.
Incorporated in 2016, Mcon Rasayan India Ltd is in the business of modern building materials and construction chemicals [1]
MCON Rasayan India Limited is a manufacturer and marketer of modern building materials and construction chemicals. Based in Mumbai, the company leverages a diversified product portfolio to serve various sectors within the building construction market.
In H1 FY26, MCON Rasayan reported a revenue growth of 32% despite challenging weather conditions, underscoring its strong demand and effective cost management. However, expenditure pressures have impacted EBITDA margins slightly.
Listed peers in Civil Construction: Falcon Technoprojects India Ltd, Agarwal Float Glass India Ltd, Kridhan Infra Ltd, Lexus Granito (India) Ltd, Salasar Exteriors & Contour Ltd, Timescan Logistics (India) Ltd.
Valuation & Returns
At ₹44 a share, MCON Rasayan India Ltd (MCON) was valued at a price-to-earnings ratio of 10.3x against an industry P/E of 25.97x and a price-to-book of 0.87x on a book value of ₹49.41 per share. Solomo computes return on equity of 8.4% and return on capital employed of 10.88% from filed results.
- P/E
- 10.3x
- Industry P/E
- 25.97x
- P/B
- 0.87x
- EPS (TTM)
- ₹4.15
- Book value / share
- ₹49.41
- ROE
- 8.4%
- ROCE
- 10.88%
- ROA
- 3.98%
- Debt / equity
- 0.5x
- Dividend yield
- 0%
- EBITDA margin
- 11.93%
- 52-week range
- ₹37.3 – ₹106
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, MCON Rasayan India Ltd (MCON) reported revenue of ₹65.24 crore, net profit of ₹3.04 crore and earnings per share of ₹4.15. That compares with revenue of ₹50.58 crore and net profit of ₹2.27 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹36.86 crore and net profit ₹1.8 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 19.22 | 30.98 | 41.81 | 50.58 | 65.24 |
| Net profit (₹ cr) | 0.5 | 1.14 | 2.24 | 2.27 | 3.04 |
| EPS (₹) | 3.33 | 1.81 | 3.55 | 3.1 | 4.15 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 41.44% | 38.22% | 20.46% |
| Profit growth | 91.55% | 66.19% | 1.34% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 57.41% of MCON Rasayan India Ltd (MCON). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2023.
Largest disclosed public shareholders in Mar 2026: Europlus One Reality Private Limited 3.64%, Dhairyashil Narayanarav Chate 2.69%, Devendra Agarwal 2.04%, Yogita Bhavesh Chauhan 1.87%, 129 Wealth Fund 1.23%, Hexaxis Advisors Limited 1.06%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 57.41% | - | - | - | - |
| Sep 2025 | 57.32% | - | - | - | - |
| Mar 2025 | 57.32% | - | - | - | - |
| Sep 2024 | 66.65% | - | - | - | - |
| Mar 2024 | 66.65% | - | - | - | - |
| Sep 2023 | 66.65% | - | - | - | - |
| Mar 2023 | 66.65% | - | - | - | - |