Check Before You Invest : Marg Techno Projects Ltd

Q: Which industry/sub-sector does Marg Techno Projects Ltd belong to?

Marg Techno Projects Ltd belongs to the BFSI sector, operating specifically within the Finance - NBFC segment.

Q: Is Marg Techno Projects Ltd a good quality company?

Marg Techno Projects Ltd is a quality company, based on a multi-year financial track record. This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

Q: Is Marg Techno Projects Ltd undervalued or overvalued?

Marg Techno Projects Ltd appears Fair, as its key valuation ratios are in line with their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 81.77, Historic Median: 31.25. Price to Book, Current: 1.39, Historic Median: 1.54. Price to Sales, Current: 7.77, Historic Median: 3.09. EV to EBITDA, Current: 19.64, Historic Median: 15.43

Q: Is Marg Techno Projects Ltd a good buy now?

Marg Techno Projects Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Total Income growth of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Operating Income growth is 4.01% for FY-2025, which is below its 5-year CAGR of 33.66%, indicating slower growth.

Q: Return on Assets of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Return on Asset is 1.3%, which is above its 5-year historical median of 1.1%, indicating improved earnings on assets. Efficiency & Key Metrics. NPM (%), Current: 7.93, Historic Median: 7.72. PPOP (%), Current: 33.33, Historic Median: 28.81. RoA (%), Current: 1.3, Historic Median: 1.1

Q: Return on Equity (ROE) of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Return on Equity is 4.3% for FY-2025, which is below its 5-year historical median of 4.8%, indicating the business is making worse use of its shareholders capital.

Q: Pre-provisioning operating profit margin of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Pre-provisioning operating profit margin, which is the bank’s core operating profit before provisioning for bad loans, is 33.33% for FY-2025, which is above its 5-year median(28.81%), indicating increasing margins.

Q: Net Profit Margin of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Net Profit Margin, which is the difference between the rate of interest earned on assets and the rate of interest paid on liabilities, is 7.93% for FY-2025, which is in line with its 5-year median( 7.72%), indicating stable margins.

Q: Does its ROIC exceed its WACC?

Marg Techno Projects Ltd return on invested capital (ROIC) is 6.11% for FY-2025, is lower than its estimated weighted average cost of capital (WACC) of 14%, indicating value erosion.

Snapshot

Q.1 Which industry/sub-sector does Marg Techno Projects Ltd belong to?

Marg Techno Projects Ltd belongs to the BFSI sector, operating specifically within the Finance - NBFC segment.

Q.2 Is Marg Techno Projects Ltd a good quality company?

Marg Techno Projects Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

Q.3 Is Marg Techno Projects Ltd undervalued or overvalued?

Marg Techno Projects Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	81.77	31.25
Price to Book	1.39	1.54
Price to Sales	7.77	3.09
EV to EBITDA	19.64	15.43

Q.4 Is Marg Techno Projects Ltd a good buy now?

Marg Techno Projects Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.
How efficiently has it grown and managed operations?
By checking its Total Asset growth.
How strong is its Capital position and Asset Quality?
By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

A: What are the trends in income and profitability?

Q.1 Total Income growth of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Operating Income growth is 4.01% for FY-2025, which is below its 5-year CAGR of 33.66%, indicating slower growth.

Q.2 Return on Assets of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Return on Asset is 1.3%, which is above its 5-year historical median of 1.1%, indicating improved earnings on assets.

	Current Level	5-year Historic Median
NPM (%)	7.93	7.72
PPOP (%)	33.33	28.81
RoA (%)	1.3	1.1

Q.3 Return on Equity (ROE) of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Return on Equity is 4.3% for FY-2025, which is below its 5-year historical median of 4.8%, indicating the business is making worse use of its shareholders capital.

Q.4 Pre-provisioning operating profit margin of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Pre-provisioning operating profit margin, which is the bank’s core operating profit before provisioning for bad loans, is 33.33% for FY-2025, which is above its 5-year median(28.81%), indicating increasing margins.

Q.5 Net Profit Margin of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Net Profit Margin, which is the difference between the rate of interest earned on assets and the rate of interest paid on liabilities, is 7.93% for FY-2025, which is in line with its 5-year median( 7.72%), indicating stable margins.

Q.6 Does its ROIC exceed its WACC?

Marg Techno Projects Ltd return on invested capital (ROIC) is 6.11% for FY-2025, is lower than its estimated weighted average cost of capital (WACC) of 14%, indicating value erosion.

B: Does the bank grow efficiently and manage its operating costs?

Q.7 Total Asset growth of Marg Techno Projects Ltd?

Marg Techno Projects Ltd Total Asset growth is 12.6% for FY-2025, which is below its 5-year CAGR of 25.74%, indicating slower growth.

Ownership & governance

D: Promoter shareholding and pledge status of Marg Techno Projects Ltd?

Q.1 Promoter shareholding and pledge status of Marg Techno Projects Ltd?

Promoters hold 48.35% of the Marg Techno Projects Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Marg Techno Projects Ltd performance compare with that of its Peers?

Q.1 AUM Growth of Marg Techno Projects Ltd vs Industry Peers?

Marg Techno Projects Ltd AUM CAGR is 25.74%, compared to the 5-year industry median CAGR of 9.71%, indicating faster growth and gaining its market share.

Q.2 Profit metrics (NPM, PPOP, RoA) of Marg Techno Projects Ltd vs industry peers

Marg Techno Projects Ltd profit metrics are in line with the industry median level of 4.76%, indicating similar profitability compared to peers.

Profit Metrics

	Current Level	5-year Industry Median
NPM (%)	7.93	12.87
PPOP (%)	33.33	-
RoA (%)	1.3	1.4

Q.3 Operating efficiency of Marg Techno Projects Ltd vs industry peers?

Marg Techno Projects Ltd ROCE (8.7) is above the industry median of (4.15); while the current ROE (4.8) are above than the 5-year average Industry ROE (2.3). This shows that the business is positioned in the top quartile of the industry.

Operating Efficiency

	Current Level	5-year Industry Median
NPM (%)	7.93	12.87
PPOP (%)	33.33	-
RoA (%)	1.3	1.4
ROCE (%)	8.3	4.15
ROE (%)	4.3	2.3

Valuation & price assessment

Q.1 Stock return of Marg Techno Projects Ltd over the last decade?

Over the last 5 years, the stock has delivered a CAGR of 50.13% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	50.1%	26.6%	4.3%

Q.2 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	81.77	31.25	29.12
Price to Book	1.39	1.54	1.11
Price to Sales	7.77	3.09	9.10
EV to EBITDA	19.64	15.43	11.77

Q.3 Valuation ratios of Marg Techno Projects Ltd vs historical and industry averages?

The current Price-to-Book (P/B) ratio of 1.39 is lower than its historical median of 1.54, indicating that the stock is trading below its historical average valuation.

Check more companies

1. Tata Invest Corp

2. Manappuram Finance

3. CreditAccess Grameen

4. IIFL Finance

5. Five Star Business

6. Edelweiss Financial

7. SBFC Finance

8. Bengal & Assam

9. MAS Financial Serv

10. Fedbank Financial

Check trending companies

1. 3M India Ltd.

2. Tech Mahindra Ltd.

3. Tata Motors Passenger Vehicles Ltd.

4. Torrent Pharmaceuticals Ltd.

5. Ajanta Pharma Ltd.