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MULTIPLUS HOLDINGS LTD.

Services › Commercial Services & Supplies

Latest filings

  1. Routine Compliance Certificate for Share Dematerialization · Compliance
  2. All 5 resolutions passed at Multiplus Holdings 44th AGM with 100% votes in favor · Board & Shareholder Meetings
  3. Multiplus Holdings 44th AGM: 5 resolutions passed, 2 new independent directors appointed · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Generates almost no revenue from operations and is classified under diversified commercial services. For H1 FY26, operating revenue was just Rs 1.76 lakhs, while total income for that half came to Rs 140.67 lakhs, with the bulk coming from other income that filings describe as investment and dividend income. For FY26, total income stood at Rs 610.79 lakhs and net profit after tax was Rs 107.33 lakhs, on a small equity base. The FY26 cost structure was light, with employee cost at 4 percent of revenue and other operating expenses at 11.8 percent, while materials, depreciation and capex were each reported at zero. None of the filings describe a specific commercial service the company sells or identify any customer base it serves.

Operating scale
Cash and cash equivalents
Rs 1,053.38 lakhsFY26
Total assets
Rs 2,591.84 lakhsFY26
Equity share capital
Rs 1.88 crore (18.8 lakh shares of Rs 10 each)FY26
Total shareholders
137Q3 FY26
Borrowings
Nil (no long-term or short-term borrowings)FY26
Who pays it
Not described in the filings
Biggest cost
Employee cost at 4% and other operating expenses at 11.8% of revenue in FY26; materials, depreciation and capex each reported at zero
Kind of business
Asset-light, debt-free; income driven by investment and dividend returns rather than operating activity
Where it sits
BSE-listed entity classified under diversified commercial services with negligible operating revenue
Market Cap
₹—
P / E (TTM)
—
EV / EBITDA
—
Div Yield
—
Growth
43.0%▲
Revenue 5y CAGR
PAT +35.9% · EBITDA +44.2%
Quality
5.7%·
ROCE (5y median)
ROE 4.8% (5y median) · margin 84.2%
Leverage
0.00·
Debt / Equity · low
Net cash ₹11 Cr
Revenue FY21→FY26
6.0×▲
Margin −18.1 pts
₹0 Cr → ₹2 Cr
Cash conversion
0.43×▼
Operating cash ÷ profit · 5 yrs
₹1.53 L Cr on ₹3.55 L Cr
Where it sits among 127 Diversified Commercial Services peersBar = share of peers beaten · tick = industry median · latest reported figures
ROCE#42/103
ROE#50/113
Debt / Equity#1/91
EBITDA margin#18/92
Revenue growth#57/91
Profit growth#61/110

Scorecard

Measured from the filed financials, judged against its Diversified Commercial Services peers · as of FY26 — not investment advice

Strengths
Revenue compounding 43% a year over 5 years
Profit compounding 36% a year over 5 years
No borrowings on the balance sheet
lower than 77% of its 91 Diversified Commercial Services peers
Concerns
Erratic profits — up in only 2 of the last 5 years
Returns on capital 5.7% (5-year median)
#42 of 103 in Diversified Commercial Services on the latest reported figures · up from 1.4% in FY21
Over 5 years it reported ₹3.55 L Cr of profit and ₹1.53 L Cr of operating cash — 0.43×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MULTIPLUS HOLDINGS LTD.'s filed financials and exchange disclosures

What does MULTIPLUS HOLDINGS LTD. do?

MULTIPLUS HOLDINGS LTD. is a Commercial Services & Supplies company listed on BSE.

Is MULTIPLUS HOLDINGS LTD. profitable?

Yes. Over the trailing twelve months MULTIPLUS HOLDINGS LTD. reported a net profit of ₹1.46 Cr on revenue of ₹1.72 Cr.

Does MULTIPLUS HOLDINGS LTD. pay a dividend?

Not in the latest reported year — MULTIPLUS HOLDINGS LTD.'s dividend payout for FY26 was nil.

Is MULTIPLUS HOLDINGS LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹11 Cr of cash.

Where can I track MULTIPLUS HOLDINGS LTD.'s announcements?

Every NSE and BSE filing by MULTIPLUS HOLDINGS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.