Mahaveer Infoway Ltd (MINFY) — shareholding pattern, promoter holding, financials and share price
About Mahaveer Infoway Ltd (MINFY)
Mahaveer Infoway Ltd operates in the Computers - Software & Consulting industry, within the Information Technology sector. It trades on the NSE as MINFY and on the BSE under scrip code 539383. Its ISIN is INE019D01016.
Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services [1]
Mahaveer Infoway Ltd is a diversified technology solutions provider, headquartered in Hyderabad, offering software development, IT consulting, and telecom services.
The company incorporates a multi-faceted business model with interests in IT, telecom products, and educational services, showcasing its diverse industry engagement.
Listed peers in Computers - Software & Consulting: Objectone Information Systems Ltd, Space Incubatrics Technologies Ltd, Tranway21 Technologies Ltd, Wherrelz IT Solutions Ltd, Jointeca Education Solutions Ltd, Adjia Technologies Ltd.
Valuation & Returns
10 Jul 2026At ₹14.78 a share on 10 Jul 2026, Mahaveer Infoway Ltd (MINFY) was valued at a price-to-earnings ratio of 22.8x against an industry P/E of 17.23x and a price-to-book of 2.06x on a book value of ₹7.17 per share as of Mar 2024. Solomo computes return on equity of -11.64% and return on capital employed of -5.29% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2023 to Mar 2024.
- P/E
- 22.8x
- Industry P/E
- 17.23x
- P/B
- 2.06x
- EPS (TTM)
- ₹-0.83
- Book value / share
- ₹7.17
- ROE
- -11.64%
- ROCE
- -5.29%
- ROA
- -6.18%
- Debt / equity
- 0.44x
- Dividend yield
- 0%
- EBITDA margin
- -2.58%
- 52-week range
- ₹6.44 – ₹16.57
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2024In the year ended Mar 2024, Mahaveer Infoway Ltd (MINFY) reported revenue of ₹5.41 crore, net profit of ₹-0.39 crore and earnings per share of ₹-0.71. That compares with revenue of ₹4.11 crore and net profit of ₹-0.31 crore in Mar 2023. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2024, revenue was ₹0.58 crore and net profit ₹-0.92 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2.2 | 1.24 | 3.04 | 4.11 | 5.41 |
| Net profit (₹ cr) | -0.48 | -0.47 | 0.21 | -0.31 | -0.39 |
| EPS (₹) | -0.87 | -0.85 | 0.38 | -0.56 | -0.71 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -22.09% | 4.40% | -3.50% | 31.63% |
| Profit growth | 2.70% | - | -27.42% | -25.81% |
| Stock price CAGR | 11% | 38% | 35% | 121% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 47.07% of Mahaveer Infoway Ltd (MINFY) (unchanged from the previous quarter). Market capitalisation was ₹8 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2015.
Largest disclosed public shareholders in Jun 2026: NIRUBEN JITUBHAI SHAH 5.43%, HUF 4.3%, ANITHA JAIN 2.38%, RAJENDRA RAJARAM DHOLE 2.27%, CHAMPADEVI MADANLAL BHANSALI 1.82%, VIJAYA RAMESH DIXIT 1.82%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 47.07% | - | - | - | 52.93% |
| Mar 2026 | 47.07% | 17.6% | - | - | 52.93% |
| Dec 2025 | 47.07% | 17.6% | - | - | 52.93% |
| Sep 2025 | 47.07% | 17.6% | - | - | 52.93% |
| Jun 2025 | 47.07% | 17.6% | - | - | 52.93% |
| Mar 2025 | 47.07% | 17.6% | - | - | 52.93% |
| Dec 2024 | 47.07% | 17.6% | - | - | 52.93% |
| Sep 2024 | 47.07% | 17.6% | - | - | 52.93% |