Segmental Infrastructure Development Limited
vs. prev. close ₹168
52W High
₹168
52W Low
₹165
Market cap
₹212 Cr
IPO stage
No DRHP filed
CIN
U74140HR2009PTC114856
Price History
52W High
₹168
52W Low
₹165
About Segmental Infrastructure Development Limited
Segmental Infrastructure Development Limited, a Gurgaon-based infrastructure and real estate services company, posted FY25 revenue of Rs 85.45 crore and profit of Rs 7.12 crore (ROE 12.46%), funded through a large FY25 equity raise and bonus issue that makes per-share metrics non-comparable to FY24.
The Short Version :
Segmental Infrastructure Development Limited, a Gurgaon-based infrastructure and real estate services company operating through its wholly owned subsidiary Infrasys Consulting & Advisory Private Limited, earns its entire revenue from services rather than product sales. Revenue from operations rose to Rs 85.45 crore in FY25 from Rs 83.34 crore in FY24, and profit for the year rose to Rs 7.12 crore from Rs 6.76 crore, taking ROE to 12.46% from 15.17% on closing equity of Rs 57.14 crore. EPS came in at Rs 20.82 for FY25 against a restated Rs 183.16 for FY24, a figure not directly comparable given a large capital-structure change during the year covered below.
Why It Trades Where It Does :
The company's balance sheet grew sharply during FY25: total assets rose to Rs 92.57 crore from Rs 74.12 crore, driven mainly by non-current investments climbing to Rs 43.60 crore from Rs 28.75 crore and trade receivables rising to Rs 34.44 crore from Rs 28.69 crore, a receivables base now running close to 40% of annual revenue. This was funded through a large capital raise: the company issued a 1:29 bonus share, plus private placements at Rs 3,229 to Rs 3,250 per share, taking equity share capital from Rs 40,00,000 (4,00,000 shares) to Rs 12.63 crore (1,26,29,670 shares) over the year, alongside fresh borrowings of Rs 10.35 crore. Operating cash flow stayed negative for the second straight year (net cash used in operating activities of Rs 0.70 crore in FY25, an improvement from Rs 4.13 crore used in FY24), with the receivables build-up and working capital cycle still outpacing collections.
Top Risks :
Operating cash flow has been negative for two straight years running, meaning the business is not yet self-funding its growth from customer collections and continues to rely on external capital and borrowings.
Trade receivables of Rs 34.44 crore against Rs 85.45 crore of revenue represent a large working-capital lockup; any slowdown in collections from customers would directly pressure liquidity.
The FY25 capital structure change (a 1:29 bonus issue plus private placements) makes EPS and per-share metrics non-comparable year-on-year, so investors should look at ROE and absolute profit growth rather than the EPS figures directly when assessing trend.
The auditor's report flags multiple pending tax and statutory litigations (income tax, GST, and service tax disputes across several forums, some decided in the company's favour but under appeal by the department), a modest but real contingent liability overhang.
Top Opportunities :
Both revenue and profit grew year-on-year despite the heavy capital restructuring during FY25, showing the underlying operating business kept expanding through the change.
The company raised Rs 6.80 crore in fresh equity at a substantial premium (Rs 3,229 to Rs 3,250 per share against Rs 10 face value) during FY25, indicating investor demand for the business at a meaningfully higher valuation than its earlier capital base implied.
Non-current investments nearly doubled to Rs 43.60 crore from Rs 28.75 crore, giving the company a growing asset and treasury base alongside its core services operations.
The auditors confirmed no qualifications or adverse remarks in this year's report and that the company has not defaulted on any loan repayments, a clean compliance and credit record to build on.
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Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.
Company Details
Industry
Construction & Infrastructure
Founded
2009
Headquarters
Gurugram, Haryana, India
Min Lot Size
1
Face Value
₹10.00
Total Shares
12620000
Regulatory Information
Corporate Identity Number (CIN)
U74140HR2009PTC114856
PAN Number
AAMCS8839C
ISIN
INE11C701011
Key Valuation Ratios
Valuation
Market Cap
₹212.02 Cr
P/E Ratio
29.82×
P/S Ratio
2.49×
P/B Ratio
3.71×
EV / EBITDA
20.48×
Returns & Per Share
ROE
12.44%
EPS
₹5.63
Book Value / Share
₹45.28
Solvency
Debt / Equity
0.41×
Interest Coverage
10.80×
Company Fundamentals
As of FY2025 Annual · updated 26 Sept 2026Gross Profit
₹49.00 Cr
EBITDA
₹11.46 Cr
Revenue Growth
2.41%
Profit Margin
8.36%
Performance Trends
2 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
Debt-to-Equity
0.41×
EBITDA Margin
13.48%
Interest Coverage
10.80×
Financial Statements
| Line item | FY2024 | FY2025 |
|---|---|---|
| Total Income | ||
| Revenue from operationsDisclosed | 83₹ Crore | 85₹ Crore |
| Other incomeDisclosed | 2₹ Crore | 2₹ Crore |
| Total IncomeDerived | 85₹ Crore | 87₹ Crore |
| Expenses | ||
| Cost of goods soldDisclosed | 33₹ Crore | 36₹ Crore |
| Purchases of stock-in-tradeDisclosed | 0₹ Crore | 0₹ Crore |
| Changes in inventoriesDisclosed | 0₹ Crore | 0₹ Crore |
| Employee benefits expenseDisclosed | 34₹ Crore | 33₹ Crore |
| Finance costsDisclosed | 60₹ Lakh | 98₹ Lakh |
| Depreciation and amortization expenseDisclosed | 80₹ Lakh | 88₹ Lakh |
| Manufacturing expensesDisclosed | 0₹ Crore | 0₹ Crore |
| Operating expensesDisclosed | 0₹ Crore | 0₹ Crore |
| Other expensesDisclosed | 6.8₹ Crore | 6.54₹ Crore |
| Total ExpensesDerived | 75.2₹ Crore | 77.4₹ Crore |
| Profit | ||
| Exceptional itemsDisclosed | 0₹ Crore | 0₹ Crore |
| Profit before taxDerived | 9.8₹ Crore | 9.6₹ Crore |
| Current tax expenseDisclosed | 3.04₹ Crore | 2.49₹ Crore |
| Deferred tax expenseDisclosed | 0₹ Crore | 0₹ Crore |
| Tax expenseDisclosed | 3.04₹ Crore | 2.49₹ Crore |
| Profit After TaxDerived | 6.76₹ Crore | 7.11₹ Crore |
| Other comprehensive incomeDisclosed | 0₹ Crore | 0₹ Crore |
| Total Comprehensive IncomeDerived | 6.76₹ Crore | 7.11₹ Crore |
Ajay Mishra
Chairman, MD
25+
Parveen Kumar Sharma
CFO
25+
Rajika Mishra
Whole-time Director
25+
Segmental Infrastructure filed DRHP others DRHP Filed
Segmental Infrastructure filed DRHP others DRHP Filed
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Current Price
₹168Secure & Verified Transaction
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About Segmental Infrastructure Development Limited unlisted shares
Indicative · updated dailySegmental Infrastructure Development Limited unlisted share price today
Segmental Infrastructure Development Limited unlisted share price today is ₹168 as of 16 October 2026.
Segmental Infrastructure Development Limited — frequently asked questions
- What is the grey market price for Segmental Infrastructure Development Limited?
No IPO is currently announced for Segmental Infrastructure Development Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has Segmental Infrastructure Development Limited filed for an IPO, and when might it list?
Segmental Infrastructure Development Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does Segmental Infrastructure Development Limited compare to its listed peers?
There is no closely comparable listed company for Segmental Infrastructure Development Limited in India today.
- Is Segmental Infrastructure Development Limited on the SME or Mainboard IPO track?
Segmental Infrastructure Development Limited has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is Segmental Infrastructure Development Limited's CIN and registered office?
Segmental Infrastructure Development Limited's Corporate Identity Number is U74140HR2009PTC114856, registered at Gurugram, Haryana, India.
- What is Segmental Infrastructure Development Limited's market capitalisation?
Segmental Infrastructure Development Limited's market capitalisation is approximately ₹212 crore, based on its current unlisted share price.
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