Reports a single operating segment — knitting job work — taking on contract knitting for textile buyers. For FY26, total income of Rs 384.92 lakhs was dominated by other operating income (Rs 336.59 lakhs), while revenue from operations remained small (Rs 10.93 lakhs in the following quarter). Profit after tax came in at Rs 18.58 lakhs in FY26, against Rs 19.26 lakhs in FY25. The identity is classified as a Non Banking Financial Company under Financial Services, though the board's own segment disclosure describes knitting job work. Balance-sheet non-current assets stood at Rs 2,785.48 lakhs at FY26, driven largely by loans and advances. Operating scale is very small for a BSE-listed entity, and it confirmed it does not qualify as a Large Corporate under SEBI rules as of 31 March 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Knitting job work, Other operating income. Very small-cap, single-segment entity classified as NBFC but reporting knitting job work
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 1 | 8 | 0 | 0 |
| EBITDA (ex other income) | (1) | (1) | (3) | (3) | (3) |
| margin % | (3516.1) | (169.3) | (32.6) | (989.6) | (611.8) |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.02 | 0.01 | 0.01 | 0.11 | 0.00 |
| ROE % · ROCE % | 0.2 · 0.5 | 0.6 · 0.9 | 0.9 · 1.3 | 1.0 · 1.4 | 0.9 · 1.4 |
| Debt / equity (x) | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 |
| Cash from operations | 3 | 3 | (2) | 2 | 5 |
| Capex | 0 | (0) | 0 | 0 | (1) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| 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 (₹) | 0.00 | 0.00 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Atharv Enterprises publishes newspaper ad for 36th AGM notice | compliance | minimal | — | — |
| 2 Sept 2026 · Annual Report FY26: auditor change, related party deals, pay hikes for MD and ED | results | high | — | — |
| 2 Sept 2026 · 36th AGM on 29 Sep 2026, book closure 22 to 29 Sep | board shareholder meetings | low | — | — |
| 2 Sept 2026 · 36th AGM notice on Sep 29, 2026; MD re-appointment and remuneration revision proposed | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Newspaper ad ahead of 36th AGM notice dispatch by email only | compliance | minimal | — | — |
| 14 Aug 2026 · Board approves statutory auditor, director re-appointments and related party deals | management changes | medium | — | — |
| 14 Aug 2026 · Board approves re-appointments, new auditor and related party deals | management changes | medium | — | — |
| 28 Jul 2026 · Unaudited Q1 FY27 results published in newspapers | compliance | minimal | — | — |
| 22 Jul 2026 · Reappoints Internal Auditor; Q1 FY27 Results | management changes | low | — | — |
| 22 Jul 2026 · Atharv Enterprises Q1 FY27 PAT up slightly at Rs 4.98 lakh | results | high | — | — |
| 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 |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.5 | 1.1 | 37 of 245 | 84% |
| ROCE | 1.2 | 2.1 | 41 of 63 | 36% |
| ROE | 0.9 | 3.0 | 182 of 266 | 32% |
| Debt / Equity | 0.0 | 0.0 | 244 of 266 | 8% |
| EBITDA margin | 100.9 | 48.6 | 21 of 249 | 92% |
| Revenue growth | (58.6) | 12.6 | 201 of 231 | 13% |
| Profit growth | 7.3 | 7.8 | 127 of 251 | 50% |
| Market cap | 9 | 37 | 221 of 260 | 15% |
| 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 |
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.
