Operates as an RBI-registered non-banking finance company (NBFC) based in Kolkata, generating income primarily from lending activities. Total income for FY26 stood at Rs. 75.47 lakhs, marginally above Rs. 73.30 lakhs in FY25. Profit after tax was Rs. 0.69 lakh in FY26 against Rs. 0.73 lakh the year before, while nine-month FY26 revenue rose to Rs. 45.63 lakhs from Rs. 19.34 lakhs a year earlier. The scale is very small — finance costs of Rs. 52.92 lakh dwarf the company's earnings, and operating cash flow was negative at Rs. 21.04 lakh. Disclosed defaults of Rs. 5.53 crore on outstanding loans of Rs. 8.29 crore are under dispute, with several matters sub judice and finance costs being recognised only on a payment basis. The entity falls below SEBI thresholds for large corporates and is exempt from several governance provisions, sitting among the smallest listed NBFCs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lending / NBFC operations. Very small, highly leveraged NBFC with disputed loan defaults and finance costs far exceeding operating profit
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 1 |
| EBITDA (ex other income) | 0 | 0 | 0 | 1 | 1 |
| margin % | 27.3 | 47.1 | 22.5 | 74.9 | 72.1 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 |
| ROE % · ROCE % | 0.1 · 0.1 | 0.1 · 0.8 | 0.0 · 0.0 | 0.1 · 5.0 | 0.1 · 5.0 |
| Debt / equity (x) | 0.62 | 0.62 | 0.62 | 1.80 | 0.27 |
| Cash from operations | (0) | 0 | (0) | (13) | 16 |
| Capex | (0) | 0 | 0 | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | (0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | (0.02) | 0.01 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 30,817 | 18.1 | 2.96 | 14.3 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 9,347 | 20.9 | 4.41 | 19.9 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 5,178 | 22.1 | 5.73 | 15.5 | 24.2 | 31.8 | (13.9) | 86.5 |
| SHANKARA BUILDPRO LIMITED | 3,050 | 23.2 | 5.59 | 13.5 | 23.4 | 31.8 | — | 3.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Book closure for AGM from September 24 to September 29, 2026 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Jainco Projects 35th AGM on Sept 30, 2026 via Zoom; e-voting Sept 27 to 29 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Board approves Annual Report, fixes 35th AGM for 30 September 2026 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Board meeting rescheduled to 4 September 2026 | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Board meeting on 1 Sept 2026 to approve AGM notice and changes to directors and auditor | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Board meeting on 14 Aug to consider Q1 FY27 results | results | low | — | — |
| 4 Aug 2026 · Board meeting on Aug 14, 2026 to consider Q1 FY27 results | results | low | — | — |
| 15 Jul 2026 · Company confirms non-large corporate status under SEBI debt circular | compliance | minimal | — | — |
| 15 Jul 2026 · Jainco Projects declares exemption from corporate governance norms | compliance | minimal | — | — |
| 15 Jul 2026 · Routine compliance certificate for share dematerialisation, Q1 FY27 | 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 |
| CREATIVE NEWTECH LIMITED |
| 1,682 |
| 25.8 |
| 4.34 |
| 19.2 |
| 18.1 |
| 21.0 |
| — |
| 5.2 |
| Pervasive Commodities Limited | 865 | 0.1 | 9.61 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 810 | 8.9 | 0.63 | 203.9 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 680 | 1.0 | — | 52.5 | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.4 | 1.1 | 33 of 145 | 77% |
| ROCE | 0.1 | 2.0 | 133 of 184 | 28% |
| ROE | 0.1 | 2.3 | 127 of 174 | 27% |
| Debt / Equity | 0.3 | 0.0 | 125 of 175 | 29% |
| EBITDA margin | 4.2 | 4.5 | 74 of 137 | 46% |
| Revenue growth | (71.7) | (8.6) | 105 of 135 | 22% |
| Profit growth | (13.3) | 0.6 | 83 of 157 | 47% |
| Market cap | 5 | 25 | 167 of 174 | 4% |
| 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.
