BSE: 530213
FORTUNE INTERNATIONAL LTD.
Holds investments and earns through an associate company, with no operating revenue of its own. The company records nil revenue from operations across FY26 quarters on a standalone basis; its standalone total income of Rs 427 lakhs in FY26 (versus Rs 164 lakhs in FY25) is classified as "other income", mainly dividends. Consolidated profit comes almost entirely from its share of profits in associate Fortune Stones Limited, which contributed Rs 470.85 lakhs to consolidated PAT in FY26, Rs 286.73 lakhs in 9M FY26, and Rs 218.51 lakhs in H1 FY26. Standalone profit after tax for FY26 was Rs 16.55 lakhs, and standalone other equity is Rs (232.63) lakhs, meaning accumulated losses exceed reserves. The company is classified under Services / Trading & Distributors, remains listed on BSE (scrip code 530213), and was delisted from the Calcutta Stock Exchange in February 2026. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Standalone other income (mainly dividends), Share of profit from associate Fortune Stones Limited. Non-operating holding entity; investment and associate-driven earnings
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | 2 | (0) | (0) | (0) | (0) |
| margin % | 78.8 | — | — | — | — |
| Owners' profit | 7 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 9.27 | 10.15 | 7.18 | 5.96 | 6.42 |
| ROE % · ROCE % | 24.3 · 6.5 | 21.0 · (0.4) | 12.9 · (0.4) | 9.7 · (0.2) | 9.4 · (0.3) |
| Debt / equity (x) | 0.04 | 0.01 | 0.01 | 0.01 | 0.00 |
| Cash from operations | 3 | (0) | (0) | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | 2 | 1 | 1 | 2 | 0 | 1 | 2 | 1 |
| EPS (₹) | 2.32 | (0.90) | 0.73 | 2.45 | 0.62 | 0.83 | 2.45 | 1.57 |
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) | 13.8 | 13.9 | 65 of 130 | 50% |
| P/B | 1.1 | 0.9 | 81 of 150 | 46% |
| ROCE | (0.3) | 2.1 | 135 of 177 | 24% |
| ROE | 9.4 | 2.3 | 33 of 158 | 80% |
| Debt / Equity | 0.0 | 0.1 | 1 of 154 | 73% |
| Profit growth | (36.1) | 0.6 | 94 of 157 | 40% |
| Market cap | 50 | 21 | 59 of 179 | 67% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 1 Oct 2026 · Fortune International: All 4 resolutions passed at 44th AGM with 100% approval | compliance | minimal | — | — |
| 30 Sept 2026 · AGM results: Re-appointment of Managing Director and appointment of Secretarial Auditors | management changes | high | — | — |
| 30 Sept 2026 · Fortune International 44th AGM: All Four Resolutions Approved | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Book closure for 44th AGM from Sep 24 to Sep 30, 2026 | compliance | minimal | — | — |
| 8 Sept 2026 · Fortune International 44th AGM on Sep 30, 2026; book closure Sep 24-30 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Fortune International submits FY26 Annual Report; 44th AGM on Sept 30, 2026 | compliance | minimal | — | — |
| 14 Aug 2026 · Q1 FY26-27 results: Standalone loss Rs 2.69 lakh, consolidated PAT Rs 1.10 cr | results | high | — | — |
| 14 Aug 2026 · Q1 FY27 Results: Standalone Loss Rs 2.69L, Consolidated PAT Rs 110.39L | results | high | — | — |
| 7 Aug 2026 · Board Meeting on Aug 14 to Consider Q1 FY27 Results | results | low | — | — |
| 30 Jul 2026 · Routine dematerialisation compliance certificate for June 2026 quarter | 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.