BSE: 512433
ASUTOSH ENTERPRISES LTD.
Across all reported periods in FY26 and FY27 so far, this BSE-listed services entity — classified as Trading & Distributors under Commercial Services & Supplies — generated zero revenue from operations. Total FY26 income of Rs. 386.10 lakhs came entirely from 'other income', which filings describe as dividends. The company reported a net profit of Rs. 278.98 lakhs for FY26 (down from Rs. 312.59 lakhs in FY25), with the prior year boosted by a one-time exceptional gain of about Rs. 385 lakhs. In Q3 FY26 and Q1 FY27, it swung to small losses on nil revenue. The balance sheet shows total assets of Rs. 5,048.36 lakhs against other equity of negative Rs. 2,837.52 lakhs, meaning accumulated losses have eroded shareholder funds, and operating cash flow was negative Rs. 397.51 lakhs in FY26. The company is registered in Kolkata, with its promoter-group stake concentrated with HSM Investments Ltd. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Other income (100%). Services entity with no active revenue from operations; income derives from dividends/investments
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | 1 | 1 | 5 | 3 | 3 |
| EPS, as reported (₹) | 6.10 | 4.96 | 23.61 | 13.95 | 12.45 |
| ROE % · ROCE % | 10.2 · 13.4 | 7.6 · 10.6 | 26.7 · 38.0 | 13.6 · 16.6 | 10.8 · 14.7 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (2) | (2) | 1 | (4) | (4) |
| Capex | 0 | 0 | 0 | 0 | 0 |
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) | 4 | 0 | (0) | (0) | 4 | (0) | (0) |
| Net profit | (0) | 3 | 0 | (0) | (0) | 3 | (0) | (0) |
| EPS (₹) | (0.29) | 12.46 | 1.83 | (0.04) | (0.20) | 12.89 | (0.16) | (0.08) |
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 | 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 | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 14.7 | 2.1 | 25 of 177 | 86% |
| ROE | 10.8 | 2.3 | 28 of 158 | 83% |
| Debt / Equity | 0.0 | 0.1 | 1 of 154 | 73% |
| Profit growth | (104.5) | 0.6 | 124 of 157 | 21% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board to approve September 2026 quarterly and half-year results | results | low | — | — |
| 1 Oct 2026 · 45th AGM Voting Results - All 4 Resolutions Passed with 100% Approval | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Scrutinizer Report: 45th AGM of Asutosh Enterprises - all 4 resolutions passed | compliance | minimal | — | — |
| 29 Sept 2026 · Appoints M/s Rinku Gupta & Associates as Secretarial Auditor for 5 years | management changes | medium | — | — |
| 29 Sept 2026 · Proceedings of 45th AGM held on 29 September 2026 | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · Trading Window Closed for Q2 and H1 FY26 Results | compliance | minimal | — | — |
| 5 Sept 2026 · Newspaper publication for 45th AGM on September 30, 2026 | compliance | minimal | — | — |
| 4 Sept 2026 · Book closure Sep 23-29 for 45th AGM; no FY26 dividend | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Annual Report FY26 and 45th AGM Notice filed with BSE | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Asutosh Enterprises 45th AGM on Sept 29; director reappointment and new executive director | board shareholder meetings | low | — | — |
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.