Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · ARAVALI SECURITIES & FINANCE L · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Holds a BSE listing under the Securities & Finance classification (CIN L67120HR1980PLC039125), registered in Gurugram, but recorded zero revenue from operations in FY26. The total income line was made up of "Other Income," with lease and rent received from related party enterprises in which directors have significant influence doing most of the work. The company continues to post losses on a small income base and shows negative net worth. It is run as a family-promoted entity with three Poddar family members on the board and Mrs. Chandra Lekha Poddar as the controlling shareholder. No active securities-trading or finance activity appears in the reported numbers. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Other Income (Lease/Rent from Related Parties) (100%). Securities and finance entity with no operating revenue, sustained by lease income from related parties
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · standalone
FY22
FY23
FY24
FY25
FY26
Revenue
3
0
0
0
0
EBITDA (ex other income)
1
(1)
(1)
(1)
(1)
margin %
51.4
—
—
—
—
Owners' profit
2
(0)
(0)
(0)
(0)
EPS, as reported (₹)
1.09
(0.21)
(0.29)
(0.20)
(0.12)
ROE % · ROCE %
1071.6 · 1399.8
169.5 · 26.2
70.9 · 17.5
32.3 · (5.7)
16.5 · (10.5)
Debt / equity (x)
32.73
(18.15)
(5.82)
(4.00)
(3.36)
Cash from operations
3
3
(0)
0
0
Capex
0
0
0
0
0
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ARAVALI SECURITIES & FINANCE L · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Revenue
0
0
0
0
0
0
0
0
Profit before tax
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
Net profit
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
EPS (₹)
(0.16)
(0.02)
(0.04)
(0.06)
(0.04)
(0.02)
(0.03)
(0.03)
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
Segment
Revenue, ₹ crore
Share %
Other Income
1
75.3
OTHER INCOME
0
24.7
Total, before eliminations
1
100.0
Source: the filed segment block, four quarters summed.
Exhibit 4: 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
27,525
16.2
2.64
12.8
12.3
15.7
15.9
2.2
MMTC LIMITED
7,740
17.3
3.65
16.5
18.3
21.6
(83.7)
18426.5
MSTC LIMITED
3,896
16.6
4.31
11.3
24.2
31.8
(13.9)
86.5
CREATIVE NEWTECH LIMITED
1,653
25.4
4.27
19.0
18.1
21.0
—
5.2
Pervasive Commodities Limited
1,104
—
12.27
—
(0.0)
(0.0)
—
45.0
SHIV AUM STEELS LIMITED
736
64.8
6.09
47.0
6.0
6.9
—
4.9
The Yamuna Syndicate Ltd
736
8.1
0.57
185.3
4.0
0.3
4.8
6.2
THE STATE TRADING CORPN
602
0.9
—
51.0
—
—
—
—
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
ROCE
16.4
2.1
21 of 177
89%
Profit growth
51.4
0.6
62 of 157
61%
Market cap
5
21
162 of 179
10%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ARAVALI SECURITIES & FINANCE L · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
13 Oct 2026 · Routine compliance certificate filed for Q2 FY26 share dematerialization
compliance
minimal
—
—
30 Sept 2026 · Trading Window Closure Ahead of Q2 and H1 FY26 Results
compliance
minimal
—
—
13 Aug 2026 · Newspaper Publication of Q1 FY27 Unaudited Financial Results
compliance
minimal
—
—
12 Aug 2026 · Aravali Securities posts Q1 FY27 loss of Rs 6.59 lakh, revenue flat at Rs 23.63 lakh
results
medium
—
—
12 Aug 2026 · Aravali Securities posts Q1FY27 loss of Rs 6.38 lakh, narrows from Rs 16.74 lakh
results
medium
—
—
5 Aug 2026 · Trading window closed ahead of Q1 FY27 results board meeting
compliance
minimal
—
—
5 Aug 2026 · Board meeting on Aug 12 to consider Q1FY26 results
results
low
—
—
5 Aug 2026 · Board meeting on Aug 12 to consider Q1 FY27 results
results
low
—
—
8 Jul 2026 · Routine quarterly compliance certificate from Registrar
compliance
minimal
—
—
4 Jul 2026 · Aravali Securities 46th AGM: All 4 resolutions passed with 99.99% approval
board shareholder meetings
low
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
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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
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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.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
