Operates as a non-banking financial company (NBFC) classified as an investment company, generating revenue through three operating divisions: Loans and Investment, Consultancy, and Others. The Loans and Investment Division earns from lending activity and treasury investments, while the Consultancy Division earns advisory and professional service fees. FY26 total revenue stood at Rs 17.93 crore against total assets of Rs 115.03 crore, with net profit of Rs 10.61 crore and an EBITDA margin of 81.38%. Cost structure is dominated by employee expenses at 7.3% of revenue and other operating expenses at 17.3%, with no raw material costs given the financial-services nature of the business. The company maintains a strong capital adequacy ratio (CRAR) of 88.05% and declared an interim dividend of Rs 0.25 per equity share for FY26. A leadership transition took place in May 2026 with Mr. Ajay Shah (ex-EY Investment Banking partner) appointed as Managing Director and CEO, while Mr. Madhusudan Kela was re-designated to a Non-Executive Director role. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Loans and Investment Division, Consultancy Division, Others. Asset-light NBFC earning from lending, treasury investments and advisory fees.
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 27 | 39 | 25 | 18 |
| EBITDA (ex other income) | 26 | 36 | 14 | 14 |
| margin % | 94.1 | 92.8 | 56.5 | 75.5 |
| Owners' profit | 16 | 21 | 9 | 11 |
| EPS, as reported (₹) | 47.91 | 55.46 | 24.69 | 27.59 |
| ROE % · ROCE % | 51.4 · — | 22.6 · — | 9.2 · 13.4 | 9.4 · 12.6 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (259) | 258 | 33 | 10 |
| Capex | 0 | (1) | (0) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 8 | 3 | 6 | 6 | 4 | 2 | 6 |
| Profit before tax | 6 | 7 | (7) | 6 | 5 | 2 | 1 | 2 |
| Net profit | 4 | 5 | (5) | 4 | 4 | 2 | 0 | 1 |
| EPS (₹) | 11.04 | 14.01 | 13.80 | 11.16 | 9.14 | 6.07 | 1.23 | 2.32 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Loans and Investment Division | 5 | 25.5 |
| Consultancy Divison | 1 | 4.7 |
| Others | 1 | 2.7 |
| Loans and investment division | 2 | 10.1 |
| Consultancy Division | 9 | 47.5 |
| Loans & Investment Division | 2 | 9.4 |
| others | 0 | 0.1 |
| Total, before eliminations | 19 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · AGM Notice and Annual Report Sent - 35th AGM on Sep 29, 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · 35th AGM Scheduled for September 29, 2026 via Video Conference | compliance | minimal | — | — |
| 5 Sept 2026 · Notice of 35th AGM on September 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 35th AGM notice and Annual Report for FY2025-26 filed with BSE | board shareholder meetings | medium | — | — |
| 4 Sept 2026 · AGM Notice Published: 35th AGM on Sept 29 via Video Conferencing | compliance | minimal | — | — |
| 21 Aug 2026 · RERA registration received for Gurugram housing project with Anant Raj | strategic transactions | medium | — | — |
| 8 Aug 2026 · Newspaper publication of MKVentures Q1 FY27 unaudited results | compliance | minimal | — | — |
| 7 Aug 2026 · Q1 FY27 results - PAT falls sharply YoY, new auditor signs off | results | high | — | — |
| 7 Aug 2026 · Board approves Q1 FY27 results; PAT falls sharply year on year | board shareholder meetings | low | — | — |
| 31 Jul 2026 · Board Meeting on Aug 7 to Consider Q1 FY27 Financial Results | results | low | — | — |
| 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 |
| ROE % |
|---|
| ROCE % |
|---|
| Rev CAGR 5y % |
|---|
| EBITDA m. % |
|---|
| JIO FIN SERVICES LTD | 1,51,806 | 71.4 | 1.13 | 64.0 | 1.2 | — | — | 70.7 |
| ADITYA BIRLA CAPITAL LTD. | 1,08,001 | 25.2 | 2.94 | 6.3 | 10.5 | — | 18.8 | 40.8 |
| L&T FINANCE LIMITED | 77,411 | 24.3 | 2.76 | 6.7 | 10.6 | — | 5.5 | 62.3 |
| TATA INVESTMENT CORP LTD | 32,839 | 76.2 | 1.12 | 90.8 | 1.5 | — | 19.5 | 92.6 |
| CHOLAMANDALAM FIN HOL LTD | 28,902 | 10.8 | 0.85 | 0.9 | 16.2 | — | 23.0 | 58.4 |
| TVS HOLDINGS LIMITED | 26,292 | 13.3 | 2.04 | 2.4 | 26.3 | — | 23.4 | 16.4 |
| MAHARASHTRA SCOOTERS LTD | 14,802 | 53.1 | 0.54 | — | 1.1 | — | — | 84.1 |
| JSW HOLDINGS LIMITED | 12,763 | 92.9 | 0.39 | 78.3 | 0.4 | — | 14.1 | 84.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 52.3 | 23.7 | 40 of 52 | 24% |
| P/B | 3.3 | 0.7 | 53 of 60 | 12% |
| ROCE | 11.6 | 0.4 | 4 of 29 | 89% |
| ROE | 9.3 | 1.3 | 12 of 67 | 83% |
| Debt / Equity | 0.0 | 0.0 | 1 of 67 | 15% |
| EBITDA margin | 35.9 | 61.6 | 39 of 62 | 38% |
| Revenue growth | 3.0 | 13.6 | 33 of 56 | 42% |
| Profit growth | (79.2) | 10.7 | 54 of 66 | 19% |
| Market cap | 377 | 376 | 32 of 65 | 52% |
| 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.
