NSE: MUKESHB · BSE: 530341
MUKESH BABU FINANC SER L
Operates as a Non-Banking Financial Company (NBFC) listed on BSE, with a stock broking subsidiary called Mukesh Babu Securities. Consolidated revenue for FY26 stood at Rs 12.82 crore, against a net profit of Rs 6.33 crore, with total assets of Rs 498.11 crore at year-end. Standalone activity centres on lending — the AGM notice seeks shareholder approval for loans of up to Rs 15 crore each with 14 group entities as related-party transactions. The broking subsidiary returned to profit in FY26 at Rs 2.36 crore versus a Rs 1.72 crore loss in FY25, adding brokerage as a second earnings stream. Cost shape shows nil materials (consistent with a financial-services model), 12.9% employee costs, 70.8% other operating expenses, and 2.1% depreciation as a share of revenue. The board has recommended a Rs 1.20 per share (12%) dividend for FY26, while Q1 FY27 showed a YoY decline in both standalone and consolidated income and profit. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Lending and interest income, Stock broking and trading, Investment and other income. Small NBFC with stock broking subsidiary, financial services business
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 21 | 10 | 17 | 7 | 13 |
| EBITDA (ex other income) | 4 | 8 | 10 | 4 | 2 |
| margin % | 17.0 | 77.2 | 57.1 | 50.8 | 15.4 |
| Owners' profit | 0 | 5 | 6 | 1 | 0 |
| EPS, as reported (₹) | 2.55 | 6.84 | 8.43 | 0.73 | 9.09 |
| ROE % · ROCE % | 0.8 · — | 2.1 · — | 1.9 · — | 0.2 · — | 1.8 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 4 | 6 | (3) | (6) | (1) |
| Capex | 0 | (0) | (0) | (0) | (1) |
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 | 6 | 5 | (2) | (1) | 4 | 2 | 6 | 2 |
| Profit before tax | 4 | 4 | (3) | (3) | 5 | 1 | 3 | (1) |
| Net profit | 3 | 3 | (3) | (2) | 4 | 1 | 2 | (1) |
| EPS (₹) | 4.15 | 3.92 | (4.27) | (1.03) | 5.69 | 1.48 | 3.28 | (1.03) |
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. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.2 | 18.1 | 72 of 200 | 64% |
| P/B | 0.2 | 1.1 | 17 of 253 | 93% |
| ROE | 1.8 | 3.1 | 155 of 257 | 40% |
| EBITDA margin | 22.0 | 48.6 | 162 of 249 | 35% |
| Profit growth | 55.5 | 7.8 | 82 of 251 | 68% |
| Market cap | 80 | 34 | 92 of 268 | 66% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Quarterly compliance certificate under SEBI Depository Regulations 74(5) | compliance | minimal | — | — |
| 22 Sept 2026 · Trading window closure from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 2 Sept 2026 · Newspaper ad on SEBI special window for physical share transfer and demat | compliance | minimal | — | — |
| 2 Sept 2026 · Promoter Mukesh Babu sells 4,31,600 shares; stake drops to 43.04% | ownership changes | high | — | — |
| 2 Sept 2026 · Promoter Mukesh Babu sells 4.31 lakh shares, stake drops to 43.04% | ownership changes | high | — | — |
| 13 Aug 2026 · 41st AGM results: all 6 resolutions passed, dividend of Rs 1.20 per share declared | board shareholder meetings | low | — | — |
| 3 Aug 2026 · Mukesh Babu Financial Services Q1 FY27 results published | compliance | minimal | — | — |
| 31 Jul 2026 · Q1 FY27 Results: PAT declines sharply YoY on both standalone and consolidated basis | results | medium | — | — |
| 31 Jul 2026 · Q1 FY27 results: standalone PAT falls 56 percent year on year to Rs 82 lakh | results | high | — | — |
| 24 Jul 2026 · Notice of share transfer to IEPF for unclaimed dividend shareholders | 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.