Madhav Infra Projects (NSE:MADHAVIPL) Degree of Operating Leverage : 0.18 (As of Jun. 2026)

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NSE:MADHAVIPL Madhav Infra Projects Ltd NSE:MADHAVIPL
61 GF Score
Price ₹7.31
GF Value ₹10.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Madhav Infra Projects Degree of Operating Leverage?

Madhav Infra Projects NSE:MADHAVIPL +0.97% 61 Degree of Operating Leverage is 0.18 as of Jun. 2026. GuruFocus rates NSE:MADHAVIPL with a GF Score™ of 61/100 and a GF Value™ of ₹10.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,740 Construction companies, Madhav Infra Projects ranks better than 62.01% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Madhav Infra Projects's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 0.18. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Madhav Infra Projects's Degree of Operating Leverage or its related term are showing as below:

NSE:MADHAVIPL's Degree of Operating Leverage is ranked better than
62.01% of 1740 companies
in the Construction industry
Industry Median: 0.93 vs NSE:MADHAVIPL: 0.18

Madhav Infra Projects  (NSE:MADHAVIPL) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Madhav Infra Projects Degree of Operating Leverage Related Terms


Madhav Infra Projects Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Madhav Infra Projects's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Madhav Infra Projects Degree of Operating Leverage Chart

Madhav Infra Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 9.50 3.69 1.25 -0.31

Madhav Infra Projects Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.32 3.13 -0.31 0.18

NSE:MADHAVIPL vs : Degree of Operating Leverage Comparison

For the Engineering & Construction subindustry, Madhav Infra Projects's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madhav Infra Projects Degree of Operating Leverage vs Construction Industry

For the Construction industry and Industrials sector, Madhav Infra Projects's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Madhav Infra Projects's Degree of Operating Leverage falls into.


NSE:MADHAVIPL
61GF Score
Madhav Infra Projects Ltd NSE:MADHAVIPL
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madhav Infra Projects Degree of Operating Leverage Calculation

Madhav Infra Projects's Degree of Operating Leverage for the quarter that ended in Jun. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 582.544 (Jun. 2026) / 604.077 (Jun. 2025) - 1 )/( 5029.525 (Jun. 2026) / 6298.961 (Jun. 2025) - 1 )
=-0.0356/-0.2015
=0.18***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

What does a Degree of Operating Leverage of 0.18 mean?
Madhav Infra Projects (NSE:MADHAVIPL) has a Degree of Operating Leverage of 0.18 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Madhav Infra Projects and its competitors. According to the industry distribution chart, Madhav Infra Projects ranks #661 out of 1740 companies in the Construction industry, placing it in the top 38%.
Is Madhav Infra Projects' Degree of Operating Leverage too high?
Madhav Infra Projects' current Degree of Operating Leverage is 0.18. The Construction industry median Degree of Operating Leverage is 0.93. Madhav Infra Projects' value of 0.18 is 80.6% below this industry median. Based on the distribution chart, Madhav Infra Projects ranks #661 out of 1740 companies in the Construction industry, which is above the industry midpoint. Overall, Madhav Infra Projects has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madhav Infra Projects' Degree of Operating Leverage compare to ?
According to the Construction industry distribution chart, Madhav Infra Projects ranks #661 out of 1740 companies for Degree of Operating Leverage. This puts Madhav Infra Projects in the upper half of its industry. The industry median Degree of Operating Leverage is 0.93. Madhav Infra Projects' value of 0.18 is 80.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Construction company?
The median Degree of Operating Leverage among Construction companies is 0.93, based on 1,740 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madhav Infra Projects's current Degree of Operating Leverage of 0.18 is 80.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Madhav Infra Projects and its competitors. For the Construction industry, the median Degree of Operating Leverage is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhav Infra Projects's current Degree of Operating Leverage is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhav Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, Madhav Infra Projects (NSE:MADHAVIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹10.11, compared to a current price of ₹7.31 — trading 27.7% below its estimated fair value. The current Degree of Operating Leverage is 0.18 and 80.6% below the Construction industry median of 0.93. Madhav Infra Projects' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For Madhav Infra Projects (NSE:MADHAVIPL), the current Degree of Operating Leverage is 0.18 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Madhav Infra Projects (NSE:MADHAVIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Madhav Infra Projects stock appears to be undervalued. The current stock price of ₹7.31 is trading 27.7% below its estimated GF Value™ of ₹10.11. GuruFocus considers Madhav Infra Projects to be Modestly Undervalued.

Key valuation signals for NSE:MADHAVIPL:

  • Degree of Operating Leverage: 0.18
  • GF Value™: ₹10.11 vs. price of ₹7.31 (27.7% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 80.6% below the Construction median (#661 of 1740)

No single metric tells the full story. See the NSE:MADHAVIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madhav Infra Projects Business Description

Comparable Companies
Other Exchanges 539894:India
Address Madhav House, Plot No. 04, Near Panchratna Building, Beside Amul Apartment, Subhanpura, Vadodara, GJ, IND, 390 023
Madhav Infra Projects Ltd is an India-based company engaged in the civil and engineering, procurement, and construction (EPC) contract business. The company is involved in the development, construction and operation and maintenance of various infrastructure projects. The Company operates in the fields of Highways, Urban Infrastructure, Real Estate and Energy. The company is also engaged in Power Generation Business.
61GF Score

Get the complete analysis for NSE:MADHAVIPL

Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹7.31
Price
₹10.11
GF Value