Madhuveer Com 18 Network share price

Madhuveer Com 18 Network Ltd's share price was ₹228.00 at the close on 6 March 2026. It has been rising for 10 weeks. That is 2.3% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 13 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Madhuveer Com 18 Network Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹161 and ₹281, and at that close it sat 56% of the way up from that low.

Over the last 10 years the share price moved +5,658% while the NIFTY 500 moved +260%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

3 points in one quarter and highest quarterly revenue in 13 quarters.

1. Best operating margin in 12 quarters

   Operating margin was 69.7% in the December 2025 quarter, against 51.3% a year earlier.

2. Promoters raised their stake by 1.3 points in one quarter

   From 66.5% to 67.8% in the December 2025 quarter.

3. Highest quarterly revenue in 13 quarters

   Revenue of ₹8 crore in the December 2025 quarter is the highest of the last 13 quarters.

For October to December 2025 (the quarter ended 31 December 2025), Madhuveer Com 18 Network reported revenue of ₹8.15 crore, up 257.5% from ₹2.28 crore a year earlier, and a profit of ₹1.02 crore, up 3.0% from ₹0.99 crore.

Madhuveer Com 18 Network results: October to December 2025 against a year earlier

The next results, for January to March 2026, are due by 30 May 2026: listed companies must publish quarterly results within 60 days of the quarter's end (the January to March quarter comes with the full-year accounts).

From the company's reported quarterly results (quarter ended 31 December 2025). Revenue and profit in ₹ crore.

Madhuveer Com 18 Network closed at ₹228.00 on 6 March 2026, down 8.2% from ₹248.40 a year earlier (7 March 2025) and up 9,561.0% over five years. Its highest weekly close since March 2016 was ₹297.35 on 27 December 2024.

Madhuveer Com 18 Network share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Mar 2026 close. A day's intraday high or low can go beyond these weekly closes.

277 weekly closes from 10 March 2016 to 6 March 2026.

6 Mar 2026: Madhuveer Com 18 Network closed at ₹228.00, down 10.1% on the week and down 12.9% on the month. Results for October to December 2025: Revenue up 257.5% and profit up 3.0% on a year earlier.

Madhuveer Com 18 Network has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Madhuveer Com 18 Network Ltd paid out 0% of its profit as dividends in each of its last 8 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

Madhuveer Com 18 Network is on one of our India lists: Pharma stocks.

Madhuveer Com 18 Network Ltd earned ₹1.0 Cr of net profit in the Dec 2025 quarter, +3.0% on the same quarter a year earlier. The full FY25 year was a loss of ₹1.7 Cr. That is 12.5% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. 5 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was −₹1.7 Cr (−170.9% on the year before).

Madhuveer Com 18 Network Ltd reported ₹8.2 Cr of revenue in the Dec 2025 quarter, +257.5% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 8 years it has grown 55.2% a year on average. The last full year, FY25, came in at ₹4.4 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹12.8 Cr.

FY25 revenue was ₹4.4 Cr, −8.9% on the year before.

Recent pace: the last four quarters grew +1,173.3% on average, against 55.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +68.7%, against +701.2% a year over the last 8 quarters (rolling over).

Madhuveer Com 18 Network Ltd's operating margin was 69.7% in the Dec 2025 quarter, 18.4 percentage points higher than the same quarter a year ago. Across 8 years it has been between −400.0% and 40.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +18.4 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years Madhuveer Com 18 Network Ltd's operations used more cash than they brought in, so cash conversion was −34%, a gap worth watching. In FY25 its operations used ₹12.9 Cr of cash, against −₹1.7 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹7.0 Cr of spending on assets, free cash was −₹20.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Madhuveer Com 18 Network Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹4.4 Cr in FY25), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹22.0 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 167.4% of FY25 revenue a year.

Spending on assets: ₹22.0 Cr over the last 3 years, against ₹2.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹3.1 Cr (FY25): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Madhuveer Com 18 Network Ltd's P/E is 660.0×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 150.0×, over 8.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Dec 2025 add up to ₹0.33.

Why the multiple is where it is: over the past year earnings per share moved −127.5% while the price moved −8.2%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +171.8% a year; about +224.0% a year came from earnings growth and about −52.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Madhuveer Com 18 Network Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Madhuveer Com 18 Network Ltd earned a ROCE of −1% in FY25. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a −37.9% net margin and 0.08× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY25): a −37.9% net margin × 0.08× asset turnover × 1.24× leverage (assets divided by equity) ≈ −3.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

Madhuveer Com 18 Network Ltd had ₹6.5 Cr of borrowings against ₹42.5 Cr of equity in FY25, so its debt is 0.15× its equity. Its operating profit is −8 times its interest bill. Over 5 years borrowings went from ₹0.1 Cr to ₹6.5 Cr. Over the last 3 of those years it spent ₹22.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.

Promoters raised their stake in Madhuveer Com 18 Network Ltd by 63.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 67.8% of the company. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: promoters drove it (+63.9 points). They raised their stake step by step.

For Madhuveer Com 18 Network Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

42.8 out of 100, rank 10 of 10 in Pharma - Others, with 33% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Madhuveer Com 18 Network Ltd scores 42.8 out of 100 against the 10 companies it is compared with in Pharma - Others, ranking 10. Some evidence is missing, so the score is pulled toward the middle on purpose.

The three scored parts add up to the total exactly: 20.5 + 11.7 + 10.6 = 42.8 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Madhuveer Com 18 Network ranks 10 of 10 Pharma - Others companies on the 4-Factor Sector Score, with 42.8 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Pharma - Others, all 10 compared on one page.

Madhuveer Com 18 Network is the 9th largest of 10 Pharma - Others companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Panacea Biotec, Syncom Formulations (India), JOJO, TTK Healthcare and Remus Pharmaceuticals. Just below it: Jenburkt Pharmaceuticals.

Pharma - Others companies close in size

4. Panacea Biotec Ltd ₹1,919 crore
5. Syncom Formulations (India) Ltd ₹1,809 crore
6. JOJO Ltd ₹1,539 crore
7. TTK Healthcare Ltd ₹1,279 crore
8. Remus Pharmaceuticals Ltd ₹994 crore
9. Madhuveer Com 18 Network Ltd ₹581 crore
10. Jenburkt Pharmaceuticals Ltd ₹498 crore

All 10 Pharma - Others companies, largest first

Companies close in size in other industries

1926. Satani Bearings Ltd ₹582 crore · Trading
1927. Indef Manufacturing Ltd ₹581 crore · Engineering - Heavy - Material Handling
1928. Madhuveer Com 18 Network Ltd ₹581 crore
1929. Shri Jagdamba Polymers Ltd ₹581 crore · Textiles - Technical Textile
1930. Heranba Industries Ltd ₹580 crore · Pesticides/Agrochemicals

Sector Alpha, written by code from the published numbers. Data as of 6 March 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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