Operates a gymnasium and fitness business under its former name Powerhouse Gym & Wellness Limited, registered in Vile Parle West, Mumbai. Revenue from operations collapsed to ₹0.21 crore in FY26 from ₹3.05 lakhs in FY25, itself down ~85% from ₹19.85 lakhs in FY24, reflecting a sharp contraction of its gymnasium business that has struggled post-Covid. In H1 FY26 (period ended 30 September 2025) revenue from operations rose to ₹10.00 lakhs from ₹3.05 lakhs in the year-ago period, but total expenses of ₹11.45 lakhs still produced a loss of ₹1.45 lakhs. The biggest cost line is employee cost at 78% of revenue in FY26, followed by other operating expenses at 35.5%, with no material cost and no capex. Accumulated losses stood at ₹893.37 lakhs as of 31 March 2026 against share capital of ₹1,050 lakhs, and the statutory auditor has flagged significant uncertainty about the company's ability to continue as a going concern, pending revival of business or new revenue avenues. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Gymnasium and fitness services. Distressed, very small-scale leisure services business with negative reserves and going-concern uncertainty.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | — | — |
| EPS, as reported (₹) | 0.00 | 0.00 | 0.63 | 0.78 | 0.10 |
| ROE % · ROCE % | — · (13.3) | — · (4.4) | — · 6.1 | — · (49.1) | — · (6.7) |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 0 | (0) | 0 | 1 | 0 |
| Capex | — | — | — | (0) | 0 |
| ₹ crore | Q4 FY22 | Q2 FY23 | Q4 FY23 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | 0 | (1) | (0) | (0) | (0) |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | 0.00 | (0.01) | 0.00 | 0.81 | (0.50) | 0.28 | 0.01 | 0.09 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WONDERLA HOLIDAYS LTD. | 3,312 | 32.5 | 1.84 | — | 4.5 | 5.8 | — | 50.3 |
| IMAGICAAWORLD ENT LTD | 2,962 | 209.4 | 2.36 | 26.0 | 0.1 | 0.6 | 76.3 | 52.5 |
| DELTA CORP LIMITED | 1,452 | — | 0.64 | 8.3 | 3.8 | 4.8 | 10.4 | (158.1) |
| NICCO PARKS & RESORTS LTD | 388 | 77.6 | 3.71 | 437.2 | (2.6) | (1.8) | 30.5 | 1.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · 12th AGM notice and FY26 annual report filed; going concern flagged | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Annual Report FY2025-26 and 12th AGM notice filed with BSE | compliance | low | — | — |
| 5 Sept 2026 · Board approves Annual Report; AGM set for 30 Sept 2026 | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Board meeting on 5 Sep 2026 to approve Annual Report and AGM notice | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Hanman Fit changes official website to www.hanmanfit.com | compliance | minimal | — | — |
| 13 Jul 2026 · Routine filing: SEBI Regulation 74(5) certificate for Q1 FY27 | compliance | minimal | — | — |
| 25 Jun 2026 · Hanman Fit submits board resolution to address BSE compliance query | compliance | low | — | — |
| 29 May 2026 · PFA as captioned | results | high | — | — |
| 29 May 2026 · Pursuant to 29, 30, and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform you that the Board of Directors of the .... | results | high | — | — |
| 22 May 2026 · Hanman Fit Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 of SEBI .... | results | low | — | — |
| Where a broker report shows | This document shows |
|---|
| AJWA FUN WORLD & RESORT LTD. |
| 23 |
| 2.2 |
| 0.49 |
| — |
| 104.0 |
| 111.9 |
| — |
| — |
| HANMAN FIT LIMITED ◆ | 4 | — | — | — | — | (6.7) | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | (6.7) | 5.4 | 91 of 101 | 10% |
| Revenue growth | (44.6) | 12.1 | 86 of 89 | 3% |
| Market cap | 4 | 388 | 99 of 103 | 4% |
| 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.