Currently derives consolidated revenue from its wholly-owned UAE free-zone subsidiary Al Subh Enterprise FZ-LLC, which lifted Q1 FY27 consolidated revenue to Rs 59.30 crore (up 77% year on year) and consolidated PAT to Rs 14.01 crore, while standalone operations showed nil revenue and a Rs 5.79 lakh loss. The most recent segment disclosure, for the period ended 31 March 2019, classified the business entirely under precious metals, stones and jewellery, with Rs 15.6673 crore of period segment revenue and Rs 0.109 crore of segment EBIT. FY26 annual report filing states revenue from operations of Rs 19,097.05 lakh and PAT of Rs 905.26 lakh, against F_SCALE FY26 figures of Rs 282.0905 crore revenue and Rs 39.0725 crore PAT. Cost-shape data list materials at 0%, employee at 0.1%, other opex at 2.6%, depreciation at 0% and capex at 0% of revenue. The board has approved acquiring stakes in three private firms — Gromo Trading (47.27%), Samyak Enterprise (47.94%) and Shital Trade Link (49.34%) — via a share swap of 6.30 crore equity shares at Rs 15.50 each totalling Rs 97.65 crore, alongside a preferential issue of 73 lakh shares at Rs 15.50 each to two investors. The corporate office was shifted from Ahmedabad to Kolkata in June 2026 and shareholders approved renaming the company Panth Infracon Limited. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Precious Metals, Stones & Jewellery (100%), Operations via subsidiary Al Subh Enterprise FZ-LLC, Pending acquisitions — Gromo Trading, Samyak Enterprise, Shital Trade Link. Shell/holding-style structure where standalone operations are nil and consolidated revenue is routed through a UAE free-zone subsidiary
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 282 |
| EBITDA (ex other income) | 42 |
| margin % | 14.9 |
| Owners' profit | 39 |
| EPS, as reported (₹) | 7.08 |
| ROE % · ROCE % | 39.5 · 24.2 |
| Debt / equity (x) | 0.76 |
| Cash from operations | (52) |
| Capex | 0 |
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 43 | 60 | 59 |
| Profit before tax | 9 | 22 | 14 |
| Net profit | 9 | 19 | 14 |
| EPS (₹) | 3.71 | 3.40 | 2.54 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| GODREJ INDUSTRIES LTD | 38,055 | 32.4 | 1.64 | 14.5 | 10.4 | 6.4 | 19.0 | 27.3 |
| 3M INDIA LIMITED | 36,735 | 60.1 | 17.11 | 42.6 | 27.2 | 35.7 | 6.8 | 21.7 |
| DCM SHRIRAM LIMITED | 15,675 | 10.8 | 2.03 | 10.9 | 11.1 | 9.5 | 11.4 | 11.7 |
| KAMA HOLDINGS LTD. | 7,275 | 7.8 | 0.48 | 1.9 | 12.3 | — | 13.5 | 22.4 |
| BALMER LAWRIE & CO LTD | 2,883 | 10.3 | 1.38 | 7.4 | 13.0 | 11.2 | 12.2 | 14.8 |
| TTK HEALTHCARE LIMITED | 1,576 | 21.3 | 1.41 | — | 5.9 | 7.4 | — | 12.2 |
| EMPIRE INDUSTRIES LTD. | 634 | 12.3 | 1.80 | — | 14.7 | 10.5 | — | 19.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 25 Aug 2026 · AGM 2026 results: all 5 resolutions passed, company name change approved | compliance | minimal | — | — |
| 24 Aug 2026 · 33rd AGM completed, five resolutions passed including name change | board shareholder meetings | low | — | — |
| 3 Aug 2026 · PANTH Infinity appoints Malabhai Rabari as Independent Director | management changes | medium | — | — |
| 3 Aug 2026 · Panth Infinity appoints new Independent Director for 5-year term | management changes | medium | — | — |
| 3 Aug 2026 · Newspaper publication of Q1 FY27 audited financial results | compliance | minimal | — | — |
| 3 Aug 2026 · Newspaper publication of 33rd AGM notice filed with BSE | compliance | minimal | — | — |
| 31 Jul 2026 · Panth Infinity FY26 Annual Report: Revenue up over 6x, PAT jumps to Rs 9.05 cr | results | high | — | — |
| 31 Jul 2026 · AGM on August 24, 2026; includes name change proposal to Panth Infracon | board shareholder meetings | low | — | — |
| 31 Jul 2026 · Q1 FY27 results: Consolidated PAT jumps over 4x, standalone revenue nil | results | high | — | — |
| 31 Jul 2026 · Panth Infinity Q1 FY27 net profit jumps about 4x on consolidated basis | results | high | — | — |
| 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 |
| GILLANDERS ARBUTHNOT LTD | 223 | 12.8 | 0.86 | 10.5 | 3.7 | 3.5 | 0.0 | 9.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.0 | 12.3 | 1 of 15 | 100% |
| P/B | 0.6 | 1.2 | 3 of 14 | 85% |
| ROCE | 24.2 | 8.4 | 2 of 14 | 92% |
| ROE | 39.5 | 10.7 | 1 of 14 | 100% |
| Debt / Equity | 0.8 | 0.3 | 13 of 14 | 8% |
| EBITDA margin | 23.6 | 20.6 | 5 of 14 | 69% |
| Market cap | 55 | 223 | 10 of 15 | 36% |
| 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.
