Mahendra Realtors & Infrastructure Limited (formerly known as Mahendra Realtors & Infrastructure Private Limited) is a leading construction company in Mumbai, established in 2007. With expertise in turnkey projects and contracting, they have successfully delivered more than 500 high-quality projects across India. Their commitment to timely delivery, modern technologies, and superior craftsmanship sets us apart in the industry.

The company is led by promoters, HEMANSHU SHAH, who has 18 years of extensive experience in infrastructure, civil construction, redevelopment, and repairs, he has successfully managed and executed various government projects and Build-Operate-Transfer (BOT) projects during his tenure, BHAVESH MAHENDRAKUMAR SHAH have over 17 years of experience in executing and managing various Build-Operate-Transfer (BOT) and redevelopment projects, HETAL BHAVESH SHAH, CHANDRIKA MAHENDRA SHAH and VARSHA HEMANSHU SHAH.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 12,869.25 Lakh, ₹ 10,510.96 Lakh and ₹ 6,606.63 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 2,189.89 Lakh, ₹ 1,699.67 Lakh and ₹ 903.59 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 1,486.63 Lakh, ₹ 1,157.83 Lakh and ₹ 404.12 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 8.55 and post-issue EPS of ₹ 6.73 for FY24. The pre-issue P/E ratio is 9.94x, while the post-issue P/E ratio is 12.64x against the Industry P/E ratio is 38x. The company's ROCE for FY24 is 30.56%, ROE for FY24 is 23.43% and RoNW is 23.43%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Mahendra Realtors & Infrastructure showing listing gains of 10.78 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Mahendra Realtors & Infrastructure Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.