Operates as an investment holding company whose consolidated earnings are dominated by its associate KSB Limited, a pump and valve maker. In FY26, the share of profit from KSB Limited was Rs 5,829.28 lakhs out of consolidated net profit of Rs 6,373 lakhs (up 6.8% YoY). Standalone operations generated Rs 143.01 lakh of revenue and Rs 2,043.72 lakhs of net profit, with profit from sale of investments at Rs 1,050.19 lakhs (down from Rs 7,810.37 lakhs in FY25). Other operating expenses made up 15.8% of revenue, while materials, employees, depreciation and capex were reported as nil in the cost mix. The board has recommended a final dividend of Rs 120 per share (1,200% on Rs 10 face value), subject to shareholder approval at the 110th AGM in August 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Share of profit from associate KSB Limited, Standalone investment and treasury income, Profit on sale of investments. Investment holding company; earnings driven by associates, especially KSB Limited
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 7 | 7 | 6 | 7 | 7 |
| EBITDA (ex other income) | 6 | 6 | 5 | 6 | 6 |
| margin % | 91.0 | 85.4 | 86.8 | 85.0 | 84.2 |
| Owners' profit | 37 | 45 | 49 | 60 | 64 |
| EPS, as reported (₹) | 220.00 | 266.84 | 295.13 | 356.22 | 380.29 |
| ROE % · ROCE % | 6.0 · — | 7.2 · — | 6.4 · — | 7.4 · — | 7.5 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 4 | 11 | 14 | 12 | 23 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 4 | 2 | 1 | 3 | 2 | 1 | 0 |
| Profit before tax | 1 | 4 | 1 | 0 | 3 | 2 | 1 | 0 |
| Net profit | 11 | 18 | 15 | 16 | 14 | 17 | 16 | 17 |
| EPS (₹) | 63.11 | 108.71 | 87.01 | 97.38 | 82.08 | 99.71 | 94.11 | 104.39 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| JIO FIN SERVICES LTD | 1,51,806 | 71.4 | 1.13 | 64.0 | 1.2 | — | — | 70.7 |
| ADITYA BIRLA CAPITAL LTD. | 1,08,001 | 25.2 | 2.94 | 6.3 | 10.5 | — | 18.8 | 40.8 |
| L&T FINANCE LIMITED | 77,411 | 24.3 | 2.76 | 6.7 | 10.6 | — | 5.5 | 62.3 |
| TATA INVESTMENT CORP LTD | 32,839 | 76.2 | 1.12 | 90.8 | 1.5 | — | 19.5 | 92.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · SEBI fine of Rs 1.01 lakh withdrawn for Regulation 6(1) non-compliance | regulatory legal | medium | — | — |
| 20 Aug 2026 · 110th AGM voting results: All 4 resolutions passed with over 99.99% approval | board shareholder meetings | low | — | — |
| 20 Aug 2026 · 110th AGM results: All 4 resolutions passed with over 99.99% approval | board shareholder meetings | low | — | — |
| 20 Aug 2026 · 110th AGM held; dividend, director reappointments approved | board shareholder meetings | medium | — | — |
| 7 Aug 2026 · Newspaper ad of Q1 FY27 unaudited results filed with BSE | compliance | minimal | — | — |
| 6 Aug 2026 · Q1 FY27 results: standalone PAT up 7%, consolidated PAT down 21% | results | high | — | — |
| 6 Aug 2026 · Q1 FY27 results: standalone PAT rises 6.8% YoY to Rs 18.84 cr | results | high | — | — |
| 22 Jul 2026 · Board meeting on 6 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| 22 Jul 2026 · 110th AGM on 20 Aug 2026; final dividend of Rs 120 per share announced | compliance | minimal | — | — |
| 21 Jul 2026 · 110th AGM on Aug 20, 2026; Final dividend of Rs 120 per share announced | compliance | minimal | — | — |
| 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 |
| CHOLAMANDALAM FIN HOL LTD |
| 28,902 |
| 10.8 |
| 0.85 |
| 0.9 |
| 16.2 |
| — |
| 23.0 |
| 58.4 |
| TVS HOLDINGS LIMITED | 26,292 | 13.3 | 2.04 | 2.4 | 26.3 | — | 23.4 | 16.4 |
| MAHARASHTRA SCOOTERS LTD | 14,802 | 53.1 | 0.54 | — | 1.1 | — | — | 84.1 |
| JSW HOLDINGS LIMITED | 12,763 | 92.9 | 0.39 | 78.3 | 0.4 | — | 14.1 | 84.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 16.4 | 23.7 | 22 of 52 | 59% |
| P/B | 1.2 | 0.7 | 40 of 60 | 32% |
| ROE | 7.5 | 1.3 | 17 of 67 | 76% |
| Debt / Equity | 0.0 | 0.0 | 1 of 67 | 15% |
| EBITDA margin | 18.7 | 61.6 | 45 of 62 | 28% |
| Revenue growth | (20.0) | 13.6 | 41 of 56 | 27% |
| Profit growth | 7.2 | 10.7 | 35 of 66 | 48% |
| Market cap | 1048 | 376 | 20 of 65 | 70% |
| 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.
