Trades in textiles, and previously in diamonds and jewellery, from a registered office in Surat, Gujarat, listed on BSE's SME platform as a single-segment company. Revenue from operations for FY26 was Rs 5.6396 crore against total assets of Rs 7.4141 crore, with no subsidiaries. The cost structure — employee cost at 3.7% of revenue and other operating expenses at 1.9%, with negligible materials and capex — points to a trading rather than manufacturing model. Profit after tax for the full year was Rs 1.44 lakh, and operating cash flow was Rs -54.35 lakh. Trade receivables fell to Rs 49.22 lakh from Rs 175.51 lakh a year earlier, while borrowings nearly doubled to Rs 64.98 lakh. Shareholders approved broadening the main objects of the Memorandum of Association to include renewable energy (solar, wind, hydro, green hydrogen, BESS) and agro/food processing, but these are prospective business lines, not current operations. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile trading (historically also diamond and jewellery trading). Small-scale textile and historical diamond/jewellery trading
| ₹ crore · consolidated | FY20 | FY22 | FY23 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | (5) | 0 | — | 5 | 6 |
| EBITDA (ex other income) | — | (0) | — | — | — |
| margin % | — | (86.2) | — | — | — |
| Owners' profit | — | 0 | — | — | — |
| EPS, as reported (₹) | (0.02) | 0.01 | — | 0.00 | 0.01 |
| ROE % · ROCE % | — · (0.2) | 0.0 · 0.0 | — · — | — · 0.0 | — · 0.4 |
| Debt / equity (x) | — | 0.00 | — | — | — |
| Cash from operations | — | 0 | (0) | (1) | (1) |
| Capex | — | — | — | (0) | 0 |
| ₹ crore | Q2 FY22 | Q4 FY22 | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | — | — | — | — | — | — |
| EPS (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 37,974 | 41.6 | 6.66 | 27.5 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 19,663 | 71.5 | 3.95 | 25.3 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 16,368 | 19.0 | 1.55 | 12.4 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,965 | 30.1 | 2.51 | 14.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · Annual Report FY26 and 31st AGM Notice submitted to BSE | compliance | medium | — | — |
| 31 Aug 2026 · Ghushine Fintrrade Ocean AGM set for 26 September 2026 at 10:00 AM | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Book closure for AGM set from 20 to 26 September 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Board approves Board Report, sets AGM on 26 Sep 2026 | board shareholder meetings | medium | — | — |
| 24 Aug 2026 · Board meeting on 31 August 2026 to approve Board Report and AGM notice | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Trading window closed from Aug 24, 2026 till 48 hours after board meeting | compliance | minimal | — | — |
| 19 May 2026 · With reference to the above subject, we have enclosed here with Audited financial results and Audit Report (Standalone) for the financial year ended on 31/03/2026. Please note that the .... | results | high | — | — |
| 19 May 2026 · This is to inform you that Meeting of Board of Directors of the Company was held today i.e. on 19THMay, 2026 at registered office of the company at SHOP NO-GF/27, AAGAM CROSS RD AC MARKET. .... | results | medium | — | — |
| 15 May 2026 · Revised outcome of board meeting, attaching half yearly unaudited results for half year ended 31.03.2026. | results | medium | — | — |
| 15 May 2026 · In accordance with provisions of Regulation Reg. 52(4) & 52(6) SEBI (LODR) Regulation,2015 company hereby informs that a) Since our company has not issued non-convertible debt/preference .... | compliance | minimal | — | — |
| INDO COUNT INDUSTRIES LTD |
| 8,757 |
| 58.0 |
| 3.72 |
| 21.1 |
| 5.4 |
| 5.4 |
| 10.5 |
| 13.3 |
| GARWARE TECH FIBRES LTD | 7,675 | 37.1 | 5.67 | 24.0 | 14.7 | 18.7 | 8.1 | 20.5 |
| JINDAL WORLDWIDE LTD | 5,314 | 63.1 | 6.17 | 40.6 | 8.1 | 9.0 | 6.1 | 8.7 |
| RAYMOND LIFESTYLE LIMITED | 4,213 | 97.2 | 0.44 | 7.7 | 0.5 | 0.7 | — | 8.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 2150.0 | 14.8 | 204 of 205 | 1% |
| ROCE | 0.4 | 4.2 | 167 of 227 | 27% |
| Revenue growth | 190693.8 | 6.9 | 1 of 192 | 100% |
| Market cap | 11 | 63 | 196 of 221 | 11% |
| 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 |
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.
