In ₹ Crore except Per Share Latest Annual	MIDHANI FY26	MTARTECH FY26	BEL FY26	MAHSEAMLES FY26	Peer Average
Valuation — at last close
P/E	51.57×	211.32×	43.31×	◆ 10.18×	88.27× -42%
P/B	4.43×	24.16×	10.94×	◆ 1.04×	12.04× -63%
EV/EBITDA	28.93×	116.84×	31.54×	◆ 5.10×	51.16× -43%
Market Cap	₹6,782 Cr	₹19,870 Cr	₹2.62L Cr	₹7,142 Cr	₹96,478 Cr -93%
Growth
Revenue CAGR 3Y	11.50%	15.16%	◆ 15.90%	-6.49%	8.19% +40%
Revenue CAGR 5Y	8.25%	◆ 28.88%	14.37%	15.16%	19.47% -58%
Net Income CAGR 3Y	-5.60%	-3.12%	◆ 26.62%	-2.98%	6.84% -182%
Revenue YoY (latest Q)	40.47%	◆ 130.37%	26.51%	-4.72%	50.72% -20%
Net Income YoY (latest Q)	27.00%	◆ 364.51%	19.67%	15.68%	133.29% -80%
Profitability
EBITDA Margin	19.66%	19.54%	◆ 29.15%	14.57%	21.09% -7%
Net Income Margin	10.88%	10.73%	◆ 21.96%	15.00%	15.90% -32%
Return on Common Equity	8.92%	12.12%	◆ 27.58%	10.61%	16.77% -47%
Return on Capital Employed	7.43%	14.67%	◆ 32.33%	8.10%	18.37% -60%
Return on Assets	4.29%	6.54%	◆ 14.20%	9.49%	10.08% -57%
Credit & Quality
Total Debt/Equity	0.19×	0.45×	◆ 0.00×	0.00×	0.15× +27%
Interest Coverage	6.83×	4.64×	◆ 1113.47×	221.35×	446.49× -98%
Scale — latest FY
Revenue / Total Income	₹1,209 Cr	₹876 Cr	₹27,610 Cr	₹4,674 Cr	₹11,054 Cr -89%
Net Income	₹131 Cr	₹94 Cr	₹6,062 Cr	₹701 Cr	₹2,286 Cr -94%
Total Assets	₹3,221 Cr	₹1,743 Cr	₹44,538 Cr	₹7,739 Cr	₹18,007 Cr -82%
EPS	₹7.02	₹30.57	₹8.29	₹52.33	₹30.4 -77%
Book Value per Share	₹81.78	₹267.43	₹32.82	₹513.17	₹271.14 -70%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.