BSE: 512099
EYANTRA VENTURES LIMITED
Operates as a diversified services holding group that earns the bulk of its standalone revenue from merchandise sales, with IT services and software development as a second line. Standalone FY26 revenue was Rs 6,750.21 lakhs, up 145% from Rs 2,759.27 lakhs in FY25, but standalone net profit fell 84% to Rs 26.53 lakhs. Through subsidiaries and an associate, the group also runs a wholly-owned software/IT services arm (Prismberry Technologies), an FZE subsidiary and a newly incorporated US subsidiary (eYantra Ventures Inc, Delaware), plus an associate, Neuro and Spine Associates (NASA Hospitals), a Hyderabad hospital and pharmacy chain acquired in April 2025. Consolidated FY26 revenue nearly tripled to Rs 9,422.41 lakhs but swung to a net loss of Rs 475.05 lakhs, largely pulled down by losses at the newly consolidated hospital associate. The largest cost line is employee expenses at 22.4% of revenue, followed by other operating expenses at 24.0%; materials are negligible at 2.1%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Merchandise sales, IT services and software development, Hospital and pharmacy operations. Diversified, small-cap services and holding group spanning merchandise, IT services, and healthcare
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 17 | 33 | 94 |
| EBITDA (ex other income) | 1 | 2 | 0 |
| margin % | 8.9 | 6.1 | 0.4 |
| Owners' profit | 0 | 1 | (5) |
| EPS, as reported (₹) | 6.38 | 4.05 | (22.98) |
| ROE % · ROCE % | 8.7 · 12.2 | 2.7 · 6.3 | (16.4) · (7.5) |
| Debt / equity (x) | 0.00 | 0.00 | 0.32 |
| Cash from operations | (1) | (1) | (12) |
| Capex | (0) | (0) | (6) |
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 | 8 | 11 | 8 | 20 | 23 | 26 | 25 | 19 |
| Profit before tax | 1 | 0 | (0) | (3) | (4) | (4) | 7 | (4) |
| Net profit | 0 | 0 | (1) | (3) | (4) | (4) | 7 | (4) |
| EPS (₹) | 1.88 | 0.59 | (2.78) | (8.60) | (12.00) | (10.12) | 33.78 | (9.44) |
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. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 17,600 | 26.4 | 10.05 | 18.0 | 20.1 | 24.0 | — | 61.4 |
| WEWORK INDIA MANAGEMENT L | 9,382 | 92.8 | 27.43 | 6.1 | 4.8 | 0.3 | — | 63.8 |
| NESCO LTD. | 7,327 | 18.2 | 2.32 | 14.9 | 6.5 | 7.6 | 26.2 | 56.0 |
| SMARTWORKS COWORKING SP L | 5,902 | 104.2 | 10.34 | 5.2 | 6.8 | 0.9 | — | 63.8 |
| NIRLON LTD | 5,722 | 16.5 | 12.21 | — | 73.8 | 18.1 | — | 77.4 |
| INOX GREEN ENERGY SER LTD | 4,846 | 38.8 | 2.83 | 209.8 | 6.0 | 9.0 | — | (2.2) |
| QUESS CORP LIMITED | 4,810 | 17.4 | 4.06 | 14.8 | 13.2 | 7.9 | 7.1 | 1.9 |
| INDIQUBE SPACES LIMITED | 3,985 | — | 8.18 | — | (6.1) | (0.6) | — | 62.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 228.6 | 14.6 | 74 of 76 | 3% |
| P/B | 3.5 | 1.5 | 73 of 94 | 23% |
| ROCE | (10.8) | 1.6 | 90 of 99 | 9% |
| ROE | (16.4) | 1.4 | 102 of 112 | 9% |
| Debt / Equity | 0.3 | 0.1 | 66 of 90 | 27% |
| EBITDA margin | (12.2) | 12.7 | 83 of 99 | 16% |
| Revenue growth | (2.0) | 14.0 | 61 of 89 | 32% |
| Profit growth | (9.4) | (1.2) | 62 of 111 | 45% |
| Market cap | 102 | 48 | 40 of 108 | 64% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 5 Nov 2026 · Board meeting to approve September 2026 quarterly and half-year results | results | low | — | — |
| 9 Oct 2026 · RTA Certificate Under SEBI Reg 74(5) - No Demat Requests in Q2 FY27 | compliance | minimal | — | — |
| 2 Oct 2026 · AGM 2026: all 3 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 41st AGM of Eyantra Ventures held; three ordinary resolutions passed | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading Window Closed from Oct 1 for Q2 Results | compliance | minimal | — | — |
| 22 Sept 2026 · Eyantra Ventures: Promoter gifts 4.90% stake to family member, who joins promoter group | ownership changes | high | — | — |
| 22 Sept 2026 · Promoter group stake rises to 65.41% via off-market gift of shares | ownership changes | medium | — | — |
| 9 Sept 2026 · Newspaper publication of notice for 41st AGM | compliance | minimal | — | — |
| 8 Sept 2026 · Notice of 41st AGM on September 30, 2026 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · FY2025-26 revenue surges, but consolidated loss widens | board shareholder meetings | 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.