BSE: 530357
KBS INDIA LIMITED
Operates as a small Mumbai-based shares and stock broking firm, with FY26 revenue from operations of Rs 233.94 lakh against total income of Rs 341.71 lakh. The company has no subsidiaries, associates, or joint ventures, and earns its revenue from broking activity on Indian stock exchanges. Its cost structure is dominated by employee costs at 47.9% of revenue and other operating expenses at 83.1%, with no raw material input, consistent with a services model. Reported EBITDA margin stood at 15.06%, but net profit fell to Rs 8.76 lakh in FY26 from Rs 17.66 lakh in FY25, while profit before tax fell sharply to Rs 12.23 lakh from Rs 45.60 lakh. The statutory auditor flagged two items: non-provision of gratuity under Ind AS 19, and an unrecovered long-term loan of Rs 16.65 crore plus Rs 8.02 lakh receivable from KBS Capital Management Singapore Pte Ltd, an erstwhile subsidiary now struck off, for which no provision has been made pending RBI permission. Operating cash flow was negative at Rs 33.78 lakh for FY26, and total assets stood at Rs 38.91 crore against equity share capital of Rs 1,082.12 lakh. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Shares and stock broking. Small services firm in financial services with no subsidiaries, associates or joint ventures
Exhibit 1: Financial summary, FY18–FY18 (all audited; no estimate years)
| ₹ crore · consolidated | FY18 |
|---|---|
| Revenue | 1 |
| EBITDA (ex other income) | (0) |
| margin % | (19.0) |
| Owners' profit | 0 |
| EPS, as reported (₹) | 0.38 |
| ROE % · ROCE % | 1.3 · 2.1 |
| Debt / equity (x) | 0.00 |
| Cash from operations | — |
| Capex | — |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q4 FY18 |
|---|---|
| Revenue | 0 |
| Profit before tax | 0 |
| Net profit | 0 |
| EPS (₹) | 0.00 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 0.5 | 1.0 | 35 of 105 | 67% |
| ROCE | 1.8 | 1.8 | 42 of 83 | 50% |
| ROE | 1.3 | 1.3 | 56 of 111 | 50% |
| Debt / Equity | 0.0 | 0.0 | 39 of 77 | 50% |
| Market cap | 14 | 26 | 78 of 113 | 31% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · Submission of Regulation 74(5) certificate for Q2 FY27 | compliance | minimal | — | — |
| 23 Sept 2026 · Trading window closed from Oct 1 for Q2 results | compliance | minimal | — | — |
| 21 Sept 2026 · KBS India 40th AGM: All 4 resolutions passed including 6 percent preference shares issue | compliance | minimal | — | — |
| 18 Sept 2026 · KBS India 40th AGM: Rs 2.5 Cr preference shares to promoter, related party deal | board shareholder meetings | low | — | — |
| 3 Sept 2026 · KBS India 40th AGM on September 18, 2026 via video conferencing | compliance | minimal | — | — |
| 27 Aug 2026 · Book Closure for 40th AGM from September 12 to September 18, 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · 40th Annual Report and AGM Notice for FY 2025-2026 | board shareholder meetings | medium | — | — |
| 27 Aug 2026 · KBS India 40th AGM notice: preference shares to promoter and related party deals | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Notice of 40th Annual General Meeting on 18 September 2025 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · KBS India to raise Rs 2.5 Cr via preferential allotment to promoter | fund raising | low | — | — |
How to read this document
| 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 |
Sources, method and disclosures
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.