Provides facility management services to clients, with the work carried out by deployed staff. Employee costs dominate the cost structure at 75.4% of revenue, with other operating expenses making up another 11.1%, reflecting the manpower-intensive nature of the work. In FY26, revenue from operations stood at Rs 38.89 crore, up marginally from Rs 38.10 crore in FY25, while profit after tax rose 17.4% to Rs 2.02 crore and basic EPS reached Rs 2.14. Trade receivables nearly doubled to Rs 15.66 crore, and operating cash flow remained negative at Rs 5.17 lakhs. The balance sheet carries accumulated losses of Rs 8.81 crore in reserves and a debt-to-equity ratio of roughly 17x as of H1 FY26, against net worth of about Rs 54 lakh. In December 2025, the company raised additional capital through a preferential allotment of equity shares and promoter warrants priced at Rs 13.09 each. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Facility management services. Labour-intensive, small-cap services business with negative operating cash flow and high leverage
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 20,18,894 | 22,33,159 | 29 | 38 | 39 |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | — | — |
| EPS, as reported (₹) | 0.04 | (8.33) | (5.41) | 1.84 | 2.14 |
| ROE % · ROCE % | — · 3.6 | — · (108.7) | — · 351.9 | — · 262.3 | — · 81.5 |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 91,125 | 24,761 | (1) | (1) | (0) |
| Capex | — | — | — | (0) | (0) |
| ₹ crore | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 12,57,601 | 14 | 16 | 17 | 21 | 20 | 19 |
| Profit before tax | (3) | (4,38,222) | (3) | (2) | 0 | 1 | 0 | 2 |
| Net profit | — | — | — | — | — | — | — | — |
| EPS (₹) | (6.61) | (5.03) | (2.93) | (2.48) | 0.52 | 1.32 | 0.49 | 1.65 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 13,611 | 22.3 | 9.15 | 13.1 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 9,297 | 106.7 | 31.07 | 5.9 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,728 | 18.6 | 2.58 | 13.1 | 13.8 | 14.8 | 26.2 | 68.9 |
| INOX GREEN ENERGY SER LTD | 7,175 | 57.5 | 4.18 | 42.6 | 6.0 | 9.0 | — | 131.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Book closure from Sep 22 to Sep 28 for AGM | corporate actions | low | — | — |
| 7 Sept 2026 · Notice of 17th AGM, book closure and e-voting information | compliance | minimal | — | — |
| 7 Sept 2026 · Notice of 17th AGM, book closure and e-voting information | compliance | minimal | — | — |
| 4 Sept 2026 · Annual Report FY26 filed; auditor change noted with qualified opinion | results | medium | — | — |
| 4 Sept 2026 · Kaarya Facilities AGM on Sep 28; new auditor to be appointed | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Kaarya board clears auditor exit, FY26 directors report and AGM plan | management changes | medium | — | — |
| 1 Sept 2026 · Board meeting to approve FY26 results and appoint new auditor | management changes | medium | — | — |
| 1 Sept 2026 · Statutory Auditor Resigns Mid-Term Citing Workload Issues | management changes | high | — | — |
| 31 Aug 2026 · Statutory Auditor Piyush Kothari and Associates resigns mid-term | management changes | high | — | — |
| 22 Jul 2026 · Kaarya Facilities says price rise is market driven, no hidden news | regulatory legal | medium | — | — |
| 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 |
| SMARTWORKS COWORKING SP L | 6,079 | 218.0 | 11.45 | 5.1 | 2.0 | 0.3 | — | 65.8 |
| NIRLON LTD | 5,526 | 16.0 | 11.79 | — | 73.8 | 18.1 | — | 79.4 |
| QUESS CORP LIMITED | 5,174 | 20.4 | 4.43 | 15.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INDIQUBE SPACES LIMITED | 4,272 | — | 8.30 | — | (20.7) | (2.5) | — | 67.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 2.7 | 14.3 | 12 of 89 | 88% |
| ROCE | 48.7 | 3.2 | 4 of 105 | 97% |
| Revenue growth | 22.2 | 16.2 | 40 of 91 | 57% |
| Market cap | 10 | 56 | 86 of 104 | 18% |
| 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.
