BSE: 526251
MID EAST PORTFOLIO MANAGEMENT
The company operates as a portfolio management services firm based in Mumbai, managing client investment portfolios. In FY26 it booked revenue from operations of Rs 1.25 crore and total income of Rs 1.58 crore, generating a profit after tax of Rs 0.86 crore for the year, although Q4 FY26 alone posted a Rs 50.04 lakh loss. It reports no separate business segments; the cost base is dominated by other operating expenses at Rs 0.58 crore and employee costs at Rs 0.06 crore, with no material costs. The firm holds Rs 4.9962 crore in total assets and carries no debt, with paid-up equity of Rs 5.03 crore across 50.30 lakh shares of Rs 10 each. The board has approved, pending shareholder approval via postal ballot, an amendment to the Memorandum of Association adding 16 new business areas including agriculture, IT and AI, pharmaceuticals, infrastructure, insurance, and commodities trading, signalling intent to diversify beyond portfolio management. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Portfolio management services. Small, asset-light, debt-free portfolio management services firm
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | 1 |
| margin % | — | — | — | — | 48.3 |
| Owners' profit | 0 | 0 | 0 | 0 | 1 |
| EPS, as reported (₹) | 0.06 | 0.13 | 0.11 | 0.45 | 1.71 |
| ROE % · ROCE % | 0.9 · 0.9 | 2.0 · 2.0 | 1.7 · 1.7 | 11.5 · 11.5 | 19.1 · 20.6 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | 0 | 0 | 1 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 1 | 0 | 0 | (0) | 0 |
| Net profit | 0 | 0 | 0 | 1 | 0 | (0) | (1) | 0 |
| EPS (₹) | 0.04 | 0.38 | 0.10 | 2.43 | 0.29 | 0.02 | (0.99) | 0.46 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 3.8 | 1.0 | 91 of 105 | 14% |
| ROCE | 20.6 | 1.8 | 6 of 83 | 94% |
| ROE | 19.1 | 1.3 | 8 of 111 | 94% |
| Debt / Equity | 0.0 | 0.0 | 1 of 77 | 55% |
| EBITDA margin | 103.7 | 25.6 | 14 of 91 | 86% |
| Revenue growth | (76.0) | (4.1) | 74 of 85 | 13% |
| Profit growth | (81.0) | (0.2) | 85 of 109 | 22% |
| Market cap | 17 | 26 | 67 of 113 | 41% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board meeting set to approve second-quarter and half-year results | results | low | — | — |
| 19 Oct 2026 · MOU signed with Cher Lifestyle for up to Rs 5 Crore funding and strategic tie-up | strategic transactions | medium | — | — |
| 15 Oct 2026 · Reg 74(5) compliance certificate for quarter ended September 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · 35th AGM voting results: All 4 resolutions passed with 99.99% approval | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Proceedings of 35th AGM held on September 29, 2026 | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading window closed ahead of Q2 results | compliance | minimal | — | — |
| 5 Sept 2026 · Notice of 35th AGM published; meeting on Sep 29 via video conferencing | compliance | minimal | — | — |
| 3 Sept 2026 · Mid East Portfolio submits 35th Annual Report for FY26 | compliance | minimal | — | — |
| 3 Sept 2026 · Notice of 35th AGM on 29 Sept 2026 at 11 AM via video conferencing | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Appointment of Secretarial Auditor for five year term | management changes | medium | — | — |
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.