NSE: MMWL · BSE: 512267
MEDIA MATRIX WORLDWIDE L
Operates as a holding company whose earnings come almost entirely from subsidiaries, while the parent is registered as an NBFC with the RBI. The main revenue driver is the 56.78%-owned subsidiary nexG Devices Private Limited, a PAN-India distribution and logistics business that sells mobility and IT products across modern trade, general trade and online channels. Another subsidiary, Media Matrix Enterprises, also contributes to consolidated topline. On a consolidated basis, FY26 revenue stood at Rs 1,256.95 crore with a net profit of Rs 8.01 crore, while standalone revenue for the same period was roughly Rs 18 crore, showing that the parent's own direct operations are negligible compared with the subsidiary businesses. The parent backs nexG's working-capital needs by extending corporate guarantees to banks such as SBI (Rs 20 crore), Yes Bank (Rs 50 crore, reduced from Rs 70 crore) and IndusInd Bank (Rs 25 crore). Cost shape from the filings shows employee cost at 0.6% of revenue, other operating expenses at 3.1%, depreciation at 0.1%, and negligible capex, indicating a lean overhead structure with subsidiary-level product costs largely driving margins. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Distribution of mobility and IT products, Other consolidated businesses, NBFC / parent-level operations. Holding and distribution company with NBFC-registered parent and a 56.78%-owned distribution subsidiary as the main operating asset.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 582 | 947 | 1,415 | 1,887 | 1,257 |
| EBITDA (ex other income) | 3 | 11 | 14 | 19 | 21 |
| margin % | 0.5 | 1.2 | 1.0 | 1.0 | 1.6 |
| Owners' profit | 1 | 1 | 5 | 3 | 6 |
| EPS, as reported (₹) | 0.01 | 0.01 | 0.04 | 0.03 | 0.05 |
| ROE % · ROCE % | 1.1 · — | 1.7 · — | 2.4 · — | 3.4 · — | 8.6 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (170) | (59) | 31 | (26) | 14 |
| Capex | (0) | (1) | (3) | (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 | 231 | 1,126 | 258 | 272 | 234 | 386 | 336 | 301 |
| Profit before tax | 2 | 3 | 1 | 2 | 2 | 3 | 3 | 3 |
| Net profit | 2 | 2 | 1 | (0) | 2 | 2 | 2 | 2 |
| EPS (₹) | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Q2 FY2026-27 revenue rises 73%, profit doubles; cash flow negative | results | high | — | — |
| 28 Oct 2026 · Q2 and H1 FY27 results approved as consolidated profit rises | board shareholder meetings | low | — | — |
| 22 Oct 2026 · Board meeting on Oct 28 to approve Q2 and H1 FY26-27 results | board shareholder meetings | low | — | — |
| 22 Oct 2026 · Board meeting to approve Q2 and half-year results on 28 October 2026 | results | low | — | — |
| 12 Oct 2026 · Quarterly compliance certificate for share dematerialisation filed with BSE | compliance | minimal | — | — |
| 9 Oct 2026 · Clarification on share price movement, no undisclosed info | regulatory legal | medium | — | — |
| 8 Oct 2026 · BSE seeks clarification on significant price movement | regulatory legal | medium | — | — |
| 1 Oct 2026 · 41st AGM voting results: All 6 resolutions passed with near-unanimous majority | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Media Matrix Worldwide 41st AGM held on Sep 30, 2026; six resolutions passed | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Trading window closes Sep 30 ahead of Q2 FY26 results | compliance | minimal | — | — |
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.