BSE: 532304
KJMC CORPORATE ADVISORS (INDIA
Provides corporate advisory and merchant banking services as a SEBI-registered merchant banker, with subsidiaries operating in capital market services and credit marketing. On a consolidated basis, revenue from operations grew to Rs. 1,232.49 lakhs in FY26 from Rs. 850.37 lakhs in FY25, with net profit after tax of Rs. 195.93 lakhs. On a standalone basis, revenue from operations was Rs. 300.37 lakhs in FY26, up from Rs. 283.14 lakhs the prior year, with standalone net profit of Rs. 62.98 lakhs. The board recommended a final dividend of Rs. 0.70 per equity share for FY26. Employee cost is the largest operating expense at 34.7% of revenue, followed by other operating expenses at 36.0%, with depreciation at 2.2%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Merchant banking and corporate advisory (standalone), Capital market services and credit marketing (subsidiaries). Small, SEBI-registered merchant banking and corporate advisory firm with subsidiaries in capital market and credit marketing services.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 6 | 5 | 10 | 9 | 12 |
| EBITDA (ex other income) | 0 | (1) | 3 | 1 | 4 |
| margin % | 4.1 | (21.4) | 31.1 | 16.7 | 29.2 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.40 | 0.99 | 5.86 | 2.65 | 4.99 |
| ROE % · ROCE % | 0.3 · — | 0.9 · — | 3.9 · — | 1.5 · — | 3.4 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 1 | (7) | (1) | 7 | 3 |
| Capex | (1) | (0) | (0) | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 2 | 1 | 1 | 3 | 4 | 2 |
| Profit before tax | 1 | 1 | 0 | (1) | 1 | 1 | 1 | (0) |
| Net profit | 1 | 1 | 0 | (0) | 0 | 1 | 1 | (0) |
| EPS (₹) | 1.78 | 1.51 | 0.44 | (1.09) | 1.14 | 1.65 | 1.98 | (0.44) |
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/E (TTM) | 12.7 | 19.0 | 25 of 76 | 68% |
| P/B | 0.4 | 1.0 | 25 of 105 | 75% |
| ROE | 3.4 | 1.3 | 42 of 111 | 63% |
| EBITDA margin | 7.0 | 25.6 | 60 of 91 | 34% |
| Revenue growth | 92.1 | (4.1) | 14 of 85 | 85% |
| Profit growth | 59.7 | (0.2) | 37 of 109 | 67% |
| Market cap | 22 | 26 | 62 of 113 | 46% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · SEBI Regulation 74(5) certificate filed for quarter ended September 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · All 9 resolutions passed at KJMC 28th AGM; Rs 0.70 dividend approved | compliance | minimal | — | — |
| 29 Sept 2026 · KJMC 28th AGM held; 9 resolutions placed, voting results awaited | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed for insiders ahead of Q2 FY27 results | compliance | minimal | — | — |
| 21 Sept 2026 · Independent Director retires after completing second term | management changes | medium | — | — |
| 11 Sept 2026 · KJMC sends AGM notice and annual report link to non-email shareholders | compliance | minimal | — | — |
| 7 Sept 2026 · KJMC Corporate Advisors notifies 28th AGM via newspaper ads | compliance | minimal | — | — |
| 5 Sept 2026 · Remote E-voting facility for 28th AGM on September 29, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · KJMC fixes Sept 22, 2026 as record date for FY26 dividend | corporate actions | high | — | — |
| 5 Sept 2026 · KJMC submits 28th Annual Report; Rs 0.70 dividend, Rs 20 cr fund raise proposed | compliance | 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.