BSE: 542727
CITY PULSE MULTIVENTURES LIMIT
Operates a multiplex line as its existing business, with a wholly-owned subsidiary called Tul Technologies Pvt Ltd. Standalone revenue for FY26 stood at Rs 5.0227 crore, up 78.5% from the previous year, with a standalone net profit of Rs 228.48 lakhs and EPS of Rs 2.14. Reported EBITDA margin expanded from roughly 66% to 77% in FY26. The cost shape has no materials component, with employee cost at 2.1% and other operating expenses at 14% of revenue. The board has approved acquiring a 98% stake in ERECH TRADE API LLP, an e-payment services firm incorporated in 2022, for Rs 4 crore in cash, with completion expected in two months. The deal is described as a new payment services vertical outside the existing multiplex line, and long-term borrowings rose to Rs 390.97 lakhs in FY26 from Rs 187.86 lakhs the prior year. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Multiplex operations. Small listed multiplex operator adding an e-payment services vertical through acquisition
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1 | 3 | 5 |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | 0.44 | 1.26 | 1.72 |
| ROE % · ROCE % | — · 0.2 | — · 1.6 | — · 3.1 |
| Debt / equity (x) | — | — | — |
| Cash from operations | — | 5 | 2 |
| Capex | — | (2) | (0) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 0 | 1 | 1 | 1 | 2 |
| Net profit | — | — | — | — | — |
| EPS (₹) | 1.46 | 0.46 | 0.80 | 0.93 | 1.21 |
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. % |
|---|---|---|---|---|---|---|---|---|
| TRENT LTD | 1,53,364 | 62.5 | 21.58 | 40.8 | 24.2 | 26.2 | 50.6 | 20.1 |
| LENSKART SOLUTIONS LTD | 1,14,062 | 171.3 | 12.89 | 59.3 | 5.7 | 5.8 | — | 24.2 |
| VEDANT FASHIONS LIMITED | 11,907 | 29.5 | 7.80 | 16.3 | 8.5 | 8.4 | — | 52.7 |
| ADITYA BIRLA LIFES BRAN L | 8,835 | 49.9 | 6.26 | 6.9 | 12.1 | 5.0 | — | 16.0 |
| ADITYA VISION LIMITED | 7,896 | 56.7 | 11.47 | — | 17.0 | 17.4 | — | 10.6 |
| V2 RETAIL LIMITED | 5,656 | 3.6 | 6.27 | 12.0 | 18.0 | 14.2 | 41.6 | 14.1 |
| ADITYA BIRLA FASHION & RT | 5,290 | — | 0.84 | 7.5 | (13.3) | (7.1) | 9.3 | 8.5 |
| ARVIND FASHIONS LIMITED | 5,223 | 43.5 | 4.50 | 7.9 | 15.8 | 12.9 | 19.1 | 13.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 24.6 | 25.5 | 9 of 19 | 56% |
| ROCE | 3.1 | 10.0 | 16 of 20 | 21% |
| Revenue growth | 141.2 | 16.6 | 1 of 16 | 100% |
| Market cap | 89 | 816 | 17 of 20 | 16% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Board meeting on Oct 15 to approve Q2 and H1 FY27 results | results | low | — | — |
| 30 Sept 2026 · Trading window closed ahead of September half year results | compliance | minimal | — | — |
| 29 Sept 2026 · AGM results: both resolutions passed with 100% votes in favour | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Revised proceedings of 26th AGM filed with BSE | board shareholder meetings | low | — | — |
| 28 Sept 2026 · City Pulse Multiventures 26th AGM held via video conferencing | board shareholder meetings | low | — | — |
| 13 Sept 2026 · Film Promotion Deal With Sunshine Pictures, Nine Crores Upfront | strategic transactions | medium | — | — |
| 8 Sept 2026 · Board appoints Chetan Bohra as new Company Secretary and Compliance Officer | management changes | medium | — | — |
| 8 Sept 2026 · Chetan Bohra appointed as Company Secretary and Compliance Officer | management changes | medium | — | — |
| 8 Sept 2026 · Chetan Bohra appointed as Company Secretary and Compliance Officer | management changes | medium | — | — |
| 2 Sept 2026 · Corrigendum to Annual Report for FY 2025-26 | results | 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.