BSE: 509782
OSEASPRE CONSULTANTS LTD.
Classified under diversified commercial services, the entity reported nil revenue from operations in FY26, against Rs 18 lakh in FY25. Its total income of Rs 3.32 lakh in FY26 and Rs 2.29 lakh in Q1 FY27 came entirely from other income, with the Q1 net loss narrowing to Rs 2.59 lakh from Rs 3.64 lakh a year earlier. The company posted an FY26 net loss of Rs 18.28 lakh versus a Rs 3.98 lakh profit in FY25, with operating cash flow negative at Rs 21.92 lakh. Cash and cash equivalents jumped to Rs 209.83 lakh from Rs 0.77 lakh, driven by the sale of equity instruments worth Rs 178.52 lakh routed through other comprehensive income. In February 2026 it sold its entire holding of 48,000 equity shares in INOR Medical Products (an unlisted company) to Nowrosjee Wadia and Sons. Despite the operational loss, the board declared a Rs 87 per share dividend on a Rs 10 face value, and total comprehensive income was Rs 142.28 lakh. The entity has 22 shareholders on record and Rs 20 lakh of paid-up equity capital, with its registered office in Ballard Estate, Mumbai. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Revenue from operations (0%), Other income (100%). Asset-light entity with no operating revenue; functioning largely as an investment holder distributing accumulated cash
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | 0 | (0) |
| margin % | — | — | — | 1.1 | — |
| Owners' profit | (0) | (0) | (0) | 0 | (0) |
| EPS, as reported (₹) | (2.51) | (3.39) | (7.14) | 1.99 | (9.14) |
| ROE % · ROCE % | (5.7) · (5.7) | (8.4) · (8.5) | (21.6) · (21.5) | 5.7 · 5.7 | (8.6) · (7.9) |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | (0) | (0) | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | 0 | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | 0 | (0) | (0) | (0) | (0) |
| EPS (₹) | (1.39) | (1.83) | (1.92) | 7.13 | (1.82) | (2.12) | (1.95) | (3.24) |
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. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 16,876 | 27.7 | 11.34 | 16.2 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 8,745 | 100.3 | 29.23 | 5.6 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,045 | 16.9 | 2.35 | 11.9 | 13.8 | 14.8 | 26.2 | 68.9 |
| NIRLON LTD | 5,678 | 16.4 | 12.12 | — | 73.8 | 18.1 | — | 79.4 |
| SMARTWORKS COWORKING SP L | 5,302 | 190.2 | 9.99 | 4.5 | 2.0 | 0.3 | — | 65.8 |
| QUESS CORP LIMITED | 4,869 | 19.2 | 4.17 | 14.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INOX GREEN ENERGY SER LTD | 4,360 | 34.9 | 2.54 | 25.9 | 6.0 | 9.0 | — | 131.6 |
| INDIQUBE SPACES LIMITED | 3,549 | — | 6.89 | — | (20.7) | (2.5) | — | 67.3 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | (7.9) | 3.4 | 93 of 103 | 10% |
| ROE | (8.6) | 2.9 | 103 of 113 | 9% |
| Debt / Equity | 0.0 | 0.1 | 1 of 91 | 77% |
| Revenue growth | (100.0) | 16.2 | 89 of 91 | 0% |
| Profit growth | (145.4) | 5.2 | 97 of 110 | 12% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 24 Oct 2026 · Unaudited results for quarter and half year published in newspapers | compliance | minimal | — | — |
| 22 Oct 2026 · Q2 FY27 Results: Loss Widens, Promoter Exit and Open Offer Underway | results | high | — | — |
| 22 Oct 2026 · Q2 FY26-27 results: Losses continue, 73.52% promoter stake sale underway | results | high | — | — |
| 16 Oct 2026 · Board meeting on 22 Oct 2026 to consider Q2/H1 FY27 results | results | low | — | — |
| 15 Oct 2026 · Routine quarterly RTA certificate filing for quarter ending September 30, 2026 | compliance | minimal | — | — |
| 12 Oct 2026 · Newspaper advertisement of EGM notice, e-voting and book closure | compliance | minimal | — | — |
| 8 Oct 2026 · EGM Oct 30 for authorised capital hike and 5L preferential shares at Rs 48 | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Open Offer at Rs 48 for 26 percent stake in Oseaspre Consultants | strategic transactions | high | — | — |
| 26 Sept 2026 · This is to inform that, in terms of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, read with the Company's Code of Conduct for Prevention of Insider Trading, the .... | compliance | minimal | — | — |
| 22 Sept 2026 · Open Offer by Nimesh Sahadeo Singh at Rs 48 per share for 26 percent stake | strategic transactions | high | — | — |
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.