BSE: 531158
CATVISION LIMITED
Distributes and trades products within the commercial services and supplies space, with materials forming the largest cost line at 46.4% of FY26 revenue and employees the next biggest at 17.6%. Standalone revenue in FY26 was Rs 2,288.31 lakhs, up about 10.4% from Rs 2,072.15 lakhs in FY25, with consolidated total revenue of Rs 22.22 crore and an EBITDA margin of 3.86%. Operations are consolidated with a joint venture called Catvision Unitron Pvt Ltd. Q3 FY26 standalone revenue was Rs 566.68 lakhs, up about 16% year-on-year, while nine-month FY26 revenue reached Rs 1,683.88 lakhs. The company returned to a consolidated profit of Rs 15.05 lakhs in FY26 versus a loss of Rs 32.06 lakhs the year before. In September 2025 shareholders approved an amendment to the Objects of Association to add broadcasting, telecasting, streaming, webcasting, OTT platforms, IPTV, satellite and mobile telephony services to its permitted activities. An interim dividend of Rs 2 per share (20%) was declared in November 2025 for FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading and distribution of commercial services and supplies products, Broadcasting, telecasting, streaming, OTT, IPTV and mobile telephony services. Small, thin-margin trading and distribution business in commercial services
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 22 | 22 | 20 | 20 | 22 |
| EBITDA (ex other income) | 1 | 0 | 6 | (0) | 0 |
| margin % | 3.8 | 0.6 | 31.4 | (0.2) | 0.9 |
| Owners' profit | 0 | 0 | 6 | 0 | 0 |
| EPS, as reported (₹) | 0.24 | (1.60) | 11.00 | 0.77 | 0.20 |
| ROE % · ROCE % | 0.7 · 3.6 | (5.0) · (1.5) | 25.6 · 25.5 | (1.4) · (0.4) | 0.7 · 1.2 |
| Debt / equity (x) | 0.24 | 0.01 | 0.00 | 0.01 | 0.00 |
| Cash from operations | 2 | 3 | 4 | 3 | 1 |
| Capex | 0 | 0 | 0 | (2) | (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 | 6 | 5 | 5 | 6 | 5 | 6 | 5 | 5 |
| Profit before tax | 0 | 0 | (0) | 0 | 0 | (0) | 0 | 0 |
| Net profit | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 1 |
| EPS (₹) | 0.07 | 0.21 | 1.28 | 0.06 | 0.08 | 0.00 | 0.07 | 0.93 |
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 |
|---|---|---|---|---|
| P/E (TTM) | 17.2 | 13.9 | 74 of 130 | 43% |
| P/B | 0.5 | 0.9 | 39 of 150 | 75% |
| ROCE | 1.2 | 2.1 | 99 of 177 | 44% |
| ROE | 0.7 | 2.3 | 102 of 158 | 36% |
| Debt / Equity | 0.0 | 0.1 | 1 of 154 | 73% |
| EBITDA margin | 11.9 | 4.5 | 37 of 137 | 74% |
| Revenue growth | (10.4) | (8.6) | 69 of 135 | 49% |
| Profit growth | 1582.4 | 0.6 | 6 of 157 | 97% |
| Market cap | 10 | 21 | 131 of 179 | 27% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 9 Oct 2026 · Quarterly compliance certificate for dematerialised securities filed | compliance | minimal | — | — |
| 26 Sept 2026 · Voting Results along with Scrutinizers Report with respect to Resolutions passed in the AGM | compliance | minimal | — | — |
| 25 Sept 2026 · Catvision 41st AGM: All resolutions passed, 20 percent dividend confirmed | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Catvision publishes 41st AGM notice in newspapers | compliance | minimal | — | — |
| 2 Sept 2026 · Catvision FY2025-26: revenue rises 10.4%, profit returns | board shareholder meetings | medium | — | — |
| 13 Aug 2026 · Intimation of Book Closure date and Cutt off date for evoting the purpose of 41st Annual General Meeting of the Company to be held on 25th September, 2026 at 01:00PM through VC/OAVM. | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Board okays Q1 results, new auditor, MD continuation post 70 | results | high | — | — |
| 13 Aug 2026 · Catvision Q1 FY27: PAT jumps to Rs 49 lakh from Rs 1.17 lakh YoY | results | high | — | — |
| 10 Aug 2026 · Board meeting on 13 Aug 2026 to consider Q1FY27 results | results | low | — | — |
| 13 Jul 2026 · Routine compliance filing - Reg 74(5) certificate for Q1 FY27 | compliance | minimal | — | — |
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.