MADHUCON vs NIRAJ: Stock Comparison
NIRAJ CEMENT STRUC is the larger company by market capitalisation. MADHUCON PROJECTS shows faster revenue growth and lower leverage, while NIRAJ CEMENT STRUC shows a higher ROE, a higher ROCE and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
MADHUCON leads 3; NIRAJ leads 5 of 11
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Valuation lens
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | MADHUCON | NIRAJ |
|---|---|---|
| Sector | Construction | Construction |
| Industry | Civil Construction | Civil Construction |
Price
| Metric | MADHUCON | NIRAJ |
|---|---|---|
| Live Price | ₹4.11 | ₹23.95 |
| Day Change | 2.49% | -3.15% |
| Volume | 602 | 8,830 |
| 52-Week High | ₹7.67 | ₹45.5 |
| 52-Week Low | ₹3.55 | ₹20.15 |
| Distance from 52W High | -46.41% | -47.36% |
Valuation
| Metric | MADHUCON | NIRAJ |
|---|---|---|
| Market Cap | ₹31 Cr | ₹147 Cr |
| P/E Ratio | — | 6.91x |
| P/B Ratio | — | 0.65x |
| EPS | ₹2.22 | ₹0.6 |
| Book Value | — | ₹44.55 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | MADHUCON | NIRAJ |
|---|---|---|
| Revenue Growth (TTM YoY) | 0% | -4.75% |
| EPS Growth (TTM YoY) | 0% | 22.74% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | MADHUCON | NIRAJ |
|---|---|---|
| ROE | 2.16% | 7.95% |
| ROCE | 0.95% | 7.1% |
| Net Margin | -85.18% | 3.9% |
| Operating Margin | 2.2% | 5.82% |
| Debt to Equity | 0.06x | 0.29x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | MADHUCON | NIRAJ |
|---|---|---|
| Promoter Holding | 59.08% | 24.93%▲ 0.04 pp |
| FII Holding | 0% | 0% |
| DII Holding | 0% | 0.16%▲ 0.03 pp |
| Public Holding | 40.92% | 74.91%▼ 0.07 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: MADHUCON PROJECTS and NIRAJ CEMENT STRUC.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

