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MARTIN BURN LTD.

Realty › Realty
₹45.00
at close · 28 Oct 2026
▼ 3.85 (-7.88%)

Latest filings

  1. September quarter net profit falls 39%; half-year net profit rises 93% · Results
  2. Martin Burn Q2 profit falls 39% to Rs 35.96 lakh · Results
  3. Board meeting on Oct 28, 2026 to approve Q2 FY26 results · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a single-segment real estate company based in Kolkata, classified under residential and commercial projects. Revenue from actual property sales is described by the company as 'lumpy and non-comparable' and is very small — Rs 62.25 lakh in Q1 FY27 and Rs 8.03 lakh for the nine months ended December 2025. The bulk of reported income comes from rental and other property-related items, including Rs 365.21 lakh of 'other income' in Q1 FY27. Total income for FY26 stood at Rs 659.83 lakh, down from Rs 1,186.98 lakh in FY25. The balance sheet carries Rs 1,098.85 lakh in Capital Work in Progress tied to a temporarily suspended project, and Rs 445 lakh of bad debts was written off against prior-year provisions. The statutory auditor has flagged an Emphasis of Matter on potential NBFC classification under RBI regulations, suggesting the company's lending activities and financial assets may meet the 50-50 test.

Operating scale
Revenue from operations, Q1 FY27
Rs 62.25 lakhQ1 FY27
Total income, FY26
Rs 659.83 lakhFY26
Capital Work in Progress (project temporarily suspended)
Rs 1,098.85 lakhFY26
Reserves and surplus
Rs 4,528.50 lakhFY26
Equity share capital
Rs 515.39 lakhFY26
Debt-to-equity ratio
0.30FY26
Who pays it
Buyers of residential and commercial real estate; tenants for rental properties
Biggest cost
Not stated in the facts; cost-shape figures are distorted by the very small revenue base
Kind of business
Single-segment, small-cap real estate with lumpy, non-recurring property sales and rental income
Where it sits
BSE-listed Kolkata-based company in the residential and commercial real estate industry
Market Cap
₹24 Cr
P / E (TTM)
12.2×
EV / EBITDA
8.2×
Div Yield
—
Growth
-41.6%▼
Revenue 5y CAGR
PAT +81.8% · EBITDA +18.1%
Quality
2.7%·
ROCE (5y median)
ROE 3.2% (5y median) · margin 14933.0%
Leverage
0.00·
Debt / Equity · low
Net cash ₹1.93 Cr
Revenue FY21→FY26
0.1×▼
Margin +10399.5 pts
₹0 Cr → ₹0 Cr
Cash conversion
1.09×▲
Operating cash ÷ profit · 5 yrs
₹13 Cr on ₹12 Cr
Moves on a normal day
2.71%·
Median daily move
Last 235 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#20/61
P/B#14/70
ROCE#41/88
ROE#33/73
Debt / Equity#20/73
EBITDA margin#1/59
Revenue growth#51/64
Profit growth#57/79

Scorecard

Measured from the filed financials, judged against its Residential, Commercial Projects peers · as of FY26 — not investment advice

Strengths
Profit compounding 82% a year over 5 years
Debt at 0.00× equity
lower than 74% of its 73 Residential, Commercial Projects peers
Over 5 years it reported ₹12 Cr of profit and ₹13 Cr of operating cash — 1.09×
Profit is converting into cash
Concerns
Revenue shrinking over 5 years (−42% a year)
Returns on capital 2.7% (5-year median)
#41 of 88 in Residential, Commercial Projects on the latest reported figures
Heavy working capital — 20448 days of cash tied up
Customers are taking longer to pay — 535 → 4404 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MARTIN BURN LTD.'s filed financials and exchange disclosures

What does MARTIN BURN LTD. do?

MARTIN BURN LTD. is a Realty company listed on BSE.

Is MARTIN BURN LTD. profitable?

Yes. Over the trailing twelve months MARTIN BURN LTD. reported a net profit of ₹1.90 Cr on revenue of ₹0.02 Cr.

Does MARTIN BURN LTD. pay a dividend?

Not in the latest reported year — MARTIN BURN LTD.'s dividend payout for FY26 was nil.

Is MARTIN BURN LTD. debt-free?

On a net basis, yes. It reported borrowings of ₹0.12 Cr on its 31 Mar 2026 balance sheet, but holds ₹1.93 Cr more cash than debt.

Is MARTIN BURN LTD. expensive compared with its peers?

On trailing P/E, MARTIN BURN LTD. ranks 20 of 61 in Residential, Commercial Projects — cheaper than 68% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the MARTIN BURN LTD. share price move in a day?

On a typical session MARTIN BURN LTD. moves 2.71% — that is the median absolute close-to-close move across its last 235 trading days. MarketPing measures each filing's price reaction against it.

Where can I track MARTIN BURN LTD.'s announcements?

Every NSE and BSE filing by MARTIN BURN LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.