Operates an electric vehicle charging business under the MegaCharge brand alongside an Infrastructure Business and a real estate base classified under residential and commercial projects. Under the MegaCharge arm, the company has deployed over 20 EV charging points in Delhi, recently expanded to Kanpur, and targets 5,000 scalable EV charging points across India by 2030. A partnership with the National Highways for Electric Vehicles (NHEV) initiative covers the deployment of 660 charging points across a 5,500 km e-highway network spanning 26 national highways in 14 states. A new Infrastructure Business segment was added during FY26, contributing Rs 129.83 lakhs of revenue. FY26 revenue from operations reached Rs 1,479.43 lakhs, up 112% year-on-year, with net profit of Rs 35.23 lakhs. The cost base is dominated by employee cost (5.7% of revenue) and other operating expenses (7.4% of revenue), with no materials cost reported. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. EV Sector & Others (100%), Infrastructure Business. Small, low-leverage (debt-to-equity 0.0894) emerging EV charging and infrastructure company with a real estate classification
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 2 | 0 | 7 | 15 |
| EBITDA (ex other income) | (0) | (0) | (1) | (1) | 0 |
| margin % | — | (9.1) | — | (10.4) | 0.6 |
| Owners' profit | 0 | 0 | (1) | 0 | 0 |
| EPS, as reported (₹) | 0.21 | 0.04 | (1.60) | 0.16 | 0.14 |
| ROE % · ROCE % | 1.5 · 0.9 | 0.2 · 0.2 | (4.1) · (2.9) | 0.4 · 0.8 | 0.9 · 1.4 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 |
| Cash from operations | (0) | (0) | (1) | (6) | 2 |
| Capex | 0 | 0 | 0 | (0) | (1) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 5 | 2 | 1 | 5 | 6 | 3 |
| Profit before tax | (0) | 0 | 0 | 0 | (0) | (0) | 0 | 0 |
| Net profit | (0) | 0 | 0 | 0 | (0) | (0) | 0 | 0 |
| EPS (₹) | (0.60) | 0.16 | 0.32 | 0.01 | 0.55 | 0.03 | 0.08 | 0.10 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| EV SECTORS AND OTHERS | 2 | 61.3 |
| INFRASTRUCTURE BUSINESS | 1 | 38.7 |
| Total, before eliminations | 3 | 100.0 |
| 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 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · AGM 2026 results: 4 resolutions passed, executive director re-appointment rejected | board shareholder meetings | low | — | — |
| 27 Aug 2026 · AGM outcomes - 4 resolutions passed, director re-appointment rejected | board shareholder meetings | low | — | — |
| 27 Aug 2026 · AGM results: 4 of 5 resolutions passed; director re-appointment rejected | board shareholder meetings | medium | — | — |
| 27 Aug 2026 · Whole-Time Director ceases after shareholders vote against re-appointment | management changes | high | — | — |
| 27 Aug 2026 · AGM results: 4 of 5 resolutions passed; director re-appointment rejected | board shareholder meetings | low | — | — |
| 25 Aug 2026 · 43rd AGM proceedings: new auditors appointed, Ankan Gupta elevated to Chairman and MD | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Director Anand Rai resigns effective 11 August 2026 | management changes | medium | — | — |
| 13 Aug 2026 · Newspaper publication of Q1 FY27 unaudited results | compliance | minimal | — | — |
| 11 Aug 2026 · Q1 FY27 results, CFO elevated to Executive Director, two directors exit | management changes | medium | — | — |
| 11 Aug 2026 · Q1 FY27 results OK; CFO joins board; 2 directors exit | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|
| 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 | — | — |
| 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 |
|---|---|---|---|---|
| P/E (TTM) | 47.2 | 16.7 | 70 of 84 | 17% |
| P/B | 2.4 | 1.1 | 49 of 69 | 29% |
| ROCE | 1.2 | 2.0 | 55 of 93 | 41% |
| ROE | 0.9 | 2.9 | 53 of 85 | 38% |
| Debt / Equity | 0.1 | 0.1 | 41 of 85 | 52% |
| EBITDA margin | 21.1 | 15.3 | 25 of 59 | 59% |
| Revenue growth | 83.4 | (11.0) | 11 of 64 | 84% |
| Profit growth | 2755.4 | (48.8) | 2 of 79 | 99% |
| Market cap | 92 | 33 | 22 of 86 | 75% |
| 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 |
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.
