NSE: AKG
AKG EXIM LIMITED
Operates as a single-segment trading and import-export business, with the entire ₹87.0055 crore of FY26 revenue coming from the Trading segment and the Manufacturing segment reporting zero revenue. Revenue fell from ₹133.0914 crore in FY25 to ₹87.0055 crore in FY26. International trading activity was routed through a Singapore-based subsidiary, ASRI Trade Pte. Ltd., from which the company purchased ₹108.65 lakhs in H2 FY26. Both that subsidiary and BKS Metalics Pvt. Ltd. are being wound down. In May 2026 the Board approved a proposal to diversify into media, including film production and distribution, subject to shareholder and regulatory approval. Margins are thin, with EBITDA margin of 1.54% and FY26 net profit of ₹0.3636 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Segment B - Trading (100%), Segment A - Manufacturing (0%). Single-segment, very low-margin trading/import-export
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 186 | 221 | 184 | 133 | 87 |
| EBITDA (ex other income) | 3 | 3 | 3 | 2 | 0 |
| margin % | 1.6 | 1.4 | 1.4 | 1.5 | 0.3 |
| Owners' profit | 0 | 0 | 2 | 1 | 0 |
| EPS, as reported (₹) | 1.93 | 0.00 | 0.48 | 0.27 | 0.11 |
| ROE % · ROCE % | — · — | 4.8 · 7.8 | 2.9 · 6.0 | 1.6 · 3.9 | 0.7 · 2.3 |
| Debt / equity (x) | — | 0.24 | 0.27 | 0.21 | 0.11 |
| Cash from operations | (0) | (18) | (3) | 1 | 4 |
| Capex | (1) | (0) | (2) | (0) | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 34 | 30 | 30 | 29 | 23 | 18 | 16 | 21 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.05 | 0.05 | 0.09 | 0.02 | 0.02 | 0.03 | 0.02 | 0.03 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 30,731 | 18.1 | 2.95 | 14.3 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 8,976 | 20.1 | 4.23 | 19.1 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 5,146 | 22.0 | 5.69 | 15.4 | 24.2 | 31.8 | (13.9) | 86.5 |
| SHANKARA BUILDPRO LIMITED | 3,080 | 23.4 | 5.64 | 13.6 | 23.4 | 31.8 | — | 3.3 |
| CREATIVE NEWTECH LIMITED | 1,707 | 26.2 | 4.41 | 19.5 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 952 | 0.1 | 10.59 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 807 | 8.8 | 0.63 | 203.2 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 667 | 1.0 | — | 52.3 | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 100.0 | 13.9 | 152 of 164 | 7% |
| P/B | 0.6 | 1.0 | 49 of 146 | 67% |
| ROCE | 0.9 | 2.0 | 111 of 184 | 40% |
| ROE | 0.7 | 2.3 | 113 of 174 | 35% |
| Debt / Equity | 0.1 | 0.0 | 105 of 175 | 40% |
| EBITDA margin | 1.4 | 4.5 | 102 of 137 | 26% |
| Revenue growth | (27.4) | (8.6) | 81 of 135 | 40% |
| Profit growth | 13.9 | 0.6 | 71 of 157 | 55% |
| Market cap | 32 | 24 | 76 of 177 | 57% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · Promoter group transfers 23.10% stake via off-market SPA, deal completed | ownership changes | high | — | — |
| 4 Sept 2026 · Newspaper publication of 21st AGM notice submitted to NSE | compliance | minimal | — | — |
| 4 Sept 2026 · AKG Exim fixes Sep 19, 2026 as record date for AGM book closure | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Newspaper publication of 21st AGM notice submitted to NSE | compliance | minimal | — | — |
| 14 Aug 2026 · AKG Exim Q1 FY26: PAT up 43% YoY standalone, revenue dips | results | medium | — | — |
| 13 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results filed with NSE | compliance | minimal | — | — |
| 12 Aug 2026 · AKG Exim appoints new Secretarial Auditor after prior auditor's death | management changes | medium | — | — |
| 12 Aug 2026 · Q1FY27 Results: Revenue Down YoY, Profit Up; AGM Set for Sep 26 | results | high | — | — |
| 4 Aug 2026 · Secretarial Auditor ceases due to demise | management changes | medium | — | — |
| 31 Jul 2026 · Audit Committee Reconstituted at AKG Exim; New Chairperson Appointed | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.