Megatherm Induction logo

Megatherm Induction share price

NSE: MEGATHERMIndustrial Products

Last close ₹231.05down ₹13.30 (5.44%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹244.35.

52-week range of traded prices to 23 Oct 2026
₹170.00Low, 27 Mar 2026₹290.00High, 23 Apr 2026
Market cap
₹435 Cr
P/E
18.4
P/B
2.6
Dividend yield
Nonein the last 12 months
ROE
15.4%
Debt to equity
0.30
Volume, NSE
29,60082.4% delivered

Share price

Daily closes since Feb 2024, adjusted for splits and bonuses

−11.9%over a year · Nifty SME EMERGE −9.7% · Nifty 500 −9.8%

Results20-session average 17,940 shares a day, 74.5% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by half year.Half-yearly results

Half year to Mar 2026, against the half year beforeFiled 29 May

Revenue
₹187 Crup 17.68%
Net profit
₹12 Crdown 3.32%
Net margin
6.2%

Revenue by year

Peak revenue ₹346 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2023Mar 2024Sep 2024Mar 2025Filed 24 MaySep 2025Filed 11 NovMar 2026Filed 29 May
Revenue147159148173159187
Net profit8139121212
Net margin5.2%8.2%6.3%7.0%7.6%6.2%
Standalone. The 6 half years from Sep 2023, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Induction Furnace and Related Products, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: a period of the last twelve months does not state its operating profit. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 29% of 587 trading days since Jun 2024.

LowestHighest
Its median24.3Industry median20.8
Price to book

At or below today's level on 47% of 247 trading days over the last year.

LowestHighest
Its median2.6Industry median2.4

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−36.9%+11.1%−43.2%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.89%
  • Foreign institutions0.27%
  • Individuals and others27.85%
Holder
MEGATHERM ELECTRONICS PVT LTDPromoter71.72%
JANAK DINKARRAI DESAIResident individuals, over ₹2 lakh at face value1.93%
ASHISH KACHOLIAResident individuals, over ₹2 lakh at face value1.68%
SHESADRI BHUSAN CHANDAPromoter0.04%
ANINDA PAUL CHOWDHURYPromoter0.04%
AVISHEK PAUL CHOWDHURYPromoter0.04%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 38,20,000 of its 1,88,40,729 shares locked in.

Peers and competitors

Other Industrial Products, 57 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Megatherm Induction in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hy-Tech Engineers logoHy-Tech EngineersHTEL728–––––––0.00%
Technocrats Plasma Systems logoTechnocrats Plasma SystemsTECHNOCRAT659–––––––0.00%
Mallcom (India) logoMallcom (India)MALLCOM55820.81.811.9+3.9%−54.5%8.7%9.8%0.34%
Simplex Castings logoSimplex CastingsSIMPLEXCAS48720.84.313.5+15.3%+28.1%27.5%22.0%0.00%
Sealmatic India logoSealmatic IndiaSEALMATIC41543.53.7–––8.9%–0.29%
Creative Graphics Solutions India logoCreative Graphics Solutions IndiaCGRAPHICS33617.92.712.5+37.8%−9.6%16.2%12.8%0.00%
Expo Engineering and Projects logoExpo Engineering and ProjectsEXPOEAPL205157.0––−44.2%−66.9%3.7%7.9%0.00%
Quest Flow Controls logoQuest Flow ControlsQUESTFLOW189–2.3–−7.2%−162.6%−5.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Megatherm Induction share price by year

Each calendar year to 2025.Megatherm Induction share price history

YearClose at year endChangeHighest closeLowest close
2025230.00−28.8%372.85213.90
2024323.15–463.45207.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 5 Feb 2024.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026236.50243.95227.00231.05230.4029,60082.4%
22 Oct 2026245.20258.00242.00244.35247.0512,80068.8%
21 Oct 2026256.00259.95247.00249.40252.2314,80075.7%
19 Oct 2026275.00279.00252.20259.70265.1416,40082.9%
16 Oct 2026270.00275.00266.60272.00270.9711,60079.3%
15 Oct 2026258.00282.00258.00278.25272.8749,60083.9%
14 Oct 2026249.30259.40249.00255.20256.1415,20081.6%
13 Oct 2026246.55264.00245.00249.30255.0326,00064.6%
12 Oct 2026242.40251.00241.95249.00246.517,60068.4%
9 Oct 2026247.00247.00240.50241.95243.079,60062.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Megatherm Induction Limited
NSE symbol
MEGATHERM
ISIN
INE531R01010
Industry
Industrial Products
Listed
Feb 2024
Face value
₹10