Provides stock broking services across equities, derivatives, and commodities, alongside merchant banking, IPO advisory, and mutual fund distribution services from a Baroda base. Revenue from operations for FY26 was ₹528.13 lakh, down from ₹708.72 lakh in FY25, and the company swung to a net loss of ₹20.90 lakh from a profit of ₹17.52 lakh. The mutual fund distribution line was built over more than 25 years by Ms. Vaishali Kalpesh Shah, who was appointed Whole Time Director on March 7, 2026. The balance sheet carries inventories of ₹1,714.64 lakh as of March 2026, nearly double the prior year, which typically reflects stock-in-trade held for broking or proprietary positions. Total assets stood at ₹4,865.30 lakh against total equity of ₹1,054.20 lakh. Employee cost is the largest identified expense line at 25.7% of revenue, with other operating expenses accounting for 81.9% of revenue and depreciation at 1.3%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Stock broking (equities, derivatives, commodities), Merchant banking and IPO services, Mutual fund distribution. Small, BSE-listed stock broking and financial services firm with capital-market-linked revenues
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 7 | 5 | 7 | 7 | 5 |
| EBITDA (ex other income) | 1 | (0) | (0) | (0) | (0) |
| margin % | 7.2 | (8.3) | (3.4) | (0.8) | (8.5) |
| Owners' profit | 1 | 0 | (0) | 0 | (0) |
| EPS, as reported (₹) | 0.61 | 0.06 | 0.31 | 0.38 | 0.20 |
| ROE % · ROCE % | 9.3 · 14.2 | 0.9 · 5.9 | (0.3) · 6.6 | 1.6 · 8.1 | (2.0) · 8.3 |
| Debt / equity (x) | 0.27 | 0.43 | 0.47 | 0.56 | 0.56 |
| Cash from operations | 0 | (3) | (3) | 0 | (8) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 |
| Profit before tax | 0 | 0 | (0) | (0) | (0) | 0 | 0 | (0) |
| Net profit | 0 | 0 | (0) | (0) | (0) | 0 | 0 | (0) |
| EPS (₹) | 0.21 | 0.03 | 0.28 | 0.11 | 23.00 | 0.02 | 0.12 | 0.02 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 34,342 | 38.9 | 10.50 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,526 | 19.6 | 4.12 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,359 | — | 2.80 | 41.8 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 1,077 | — | 0.82 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Newspaper publication of AGM book closure and e-voting notice | compliance | minimal | — | — |
| 5 Sept 2026 · Market Creators submits 34th Annual Report for FY2026; reports loss | compliance | low | — | — |
| 5 Sept 2026 · AGM notice for FY26 on September 29, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Market Creators 34th AGM on Sep 29, 2026; book closure Sep 23-29 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Market Creators sets e-voting window for AGM; 26-28 September 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · Board Meeting Outcome - 34th AGM on 29 Sept 2026, New Secretarial Auditor Appointed | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Newspaper publication of Q1 FY27 unaudited results filed with BSE | compliance | minimal | — | — |
| 11 Aug 2026 · Reg 32(1) disclosure: no funds raised, not applicable | compliance | minimal | — | — |
| 11 Aug 2026 · Board appoints KAPS & Co as internal auditor for FY26-27 | management changes | medium | — | — |
| 11 Aug 2026 · Market Creators Q1 FY27 results revenue up net loss narrows | results | 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 |
| PRIME SECURITIES LIMITED |
| 961 |
| 171.5 |
| 3.75 |
| 87.4 |
| 5.1 |
| — |
| 25.7 |
| 19.0 |
| WEALTH FRST PORT. MG. LTD | 900 | 27.3 | 5.29 | 17.3 | 22.5 | 30.3 | — | 97.5 |
| STELLANT SECURITIES (INDIA) LT | 559 | — | 1784.58 | — | 18.2 | 18.2 | — | 56.7 |
| THE INVEST TRUST OF IND L | 511 | 15.3 | 0.70 | 7.1 | 4.7 | 3.9 | (2.4) | 23.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.7 | 17.9 | 5 of 95 | 96% |
| P/B | 1.5 | 1.2 | 60 of 101 | 41% |
| ROCE | (1.9) | 1.6 | 68 of 84 | 19% |
| ROE | (2.0) | 1.3 | 91 of 115 | 21% |
| Debt / Equity | 0.6 | 0.0 | 103 of 115 | 11% |
| EBITDA margin | 9.6 | 25.6 | 55 of 91 | 40% |
| Revenue growth | 19.3 | (4.1) | 31 of 85 | 64% |
| Profit growth | 82.6 | (0.2) | 34 of 109 | 69% |
| Market cap | 16 | 28 | 74 of 109 | 32% |
| 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 |
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