Operates in a single segment covering construction, redevelopment and leasing of residential and commercial properties, with its registered office in Andheri West, Mumbai. For FY26, revenue from operations stood at Rs 4,413.29 lakhs, up 11.1% from Rs 3,972.63 lakhs in FY25, while profit after tax rose 15% to Rs 3,175.11 lakhs from Rs 2,761.74 lakhs. The business is debt-light, with long-term borrowings of only Rs 10 lakhs as of H1 FY26, and held cash and equivalents of Rs 10,541.43 lakhs at year-end FY26. Shareholders approved a material related party transaction with Dev Land & Housing Private Limited at an extraordinary general meeting in March 2026. The company is listed on the BSE SME platform and reports a single operating segment, with no other divisions disclosed in filings. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Construction, redevelopment and leasing of properties. Single-segment, debt-light real estate company focused on construction, redevelopment and property leasing
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | — | — | — | (4) | — |
| margin % | — | — | — | — | — |
| Owners' profit | — | — | — | 28 | — |
| EPS, as reported (₹) | 1.28 | 60.14 | 57.99 | 66.39 | 76.32 |
| ROE % · ROCE % | — · 1.0 | — · 38.3 | — · 28.6 | 24.9 · 26.0 | — · 23.7 |
| Debt / equity (x) | — | — | — | 0.00 | — |
| Cash from operations | 1 | 26 | 28 | 28 | 23 |
| Capex | — | — | — | 0 | (2) |
| ₹ crore | Q2 FY22 | Q4 FY22 | Q2 FY23 | Q4 FY23 | Q4 FY24 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | 1 | 13 | 18 | 17 | 21 | 15 | 23 |
| Net profit | — | — | — | — | — | 17 | 13 | — |
| EPS (₹) | (0.85) | 2.15 | 23.88 | 36.27 | 32.05 | 39.99 | 30.31 | 46.01 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,371 | 89.5 | 13.53 | 73.2 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,482 | 218.6 | 55.08 | 145.4 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,076 | — | 29.06 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 950 | 26.5 | — | — | — | 19.2 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Book Closure for 22nd AGM from Sep 22 to Sep 28, 2026 | compliance | minimal | — | — |
| 3 Sept 2026 · 22nd AGM on Sept 28, 2026; seeks Rs 70 crore promoter deal and director changes | board shareholder meetings | low | — | — |
| 3 Sept 2026 · AGM Notice and Annual Report for FY 2025-26 filed with BSE | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Independent Director resigns, replacement appointed same day | management changes | medium | — | — |
| 2 Sept 2026 · Manas Properties: New Independent Director appointed, one resigns | management changes | medium | — | — |
| 2 Sept 2026 · New Independent Director appointed, one resigns; AGM on Sept 28 | management changes | high | — | — |
| 2 Sept 2026 · Independent Director resigns; board approves FY26 annual report and 22nd AGM | management changes | medium | — | — |
| 2 Sept 2026 · Board reshuffle: new independent director appointed, one resigns; AGM set for Sept 28 | management changes | high | — | — |
| 2 Sept 2026 · Board approves AGM on Sep 28, appoints new Independent Director | board shareholder meetings | low | — | — |
| 14 Jul 2026 · Reg 74(5) Compliance: Not Applicable as All Shares in Demat Form | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| YOGI LTD. |
| 678 |
| 32.6 |
| 4.77 |
| 26.2 |
| 14.9 |
| 15.6 |
| — |
| 5.1 |
| SHRADDHA PRIME PROJECTS L | 650 | 11.6 | 4.76 | 11.2 | 39.1 | 20.2 | — | 16.1 |
| HAZOOR MULTI PROJECTS LTD | 556 | 7.5 | 0.89 | 3.7 | 6.8 | 5.8 | — | 86.5 |
| RDB REAL ESTATE CONS L | 352 | 27.4 | 1.33 | 26.5 | (3.3) | (0.7) | — | 3.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 23.7 | 2.0 | 6 of 93 | 95% |
| 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 |
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.
