Operates as a small BSE-listed entity whose FY26 revenue of Rs 1.44 crore came entirely from a single, unnamed segment. Income in FY26 was driven by a Rs 144 lakh gain on the sale of investments, while prior quarters in FY25 and the first three quarters of FY26 generated only Rs 0.05–0.25 crore each, indicating revenue is lumpy rather than recurring. During FY26 the company raised about Rs 19.6 crore via shares and warrants and placed the proceeds into fixed deposits and corporate loans, lifting total assets to Rs 27.80 crore. The cost base carries no material input cost; employee expenses are the largest line at 26.6% of revenue, followed by other operating expenses at 16.2% and depreciation at 1.8%. In June 2026 the entity underwent a complete change of control after acquirer Sreeram Reddy Vanga completed an open offer, taking 54.47% of equity and reconstituting the board. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Single segment (unnamed) (100%). Small, lumpy-revenue, investment-driven entity with negligible material input costs
| ₹ crore · consolidated | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (1) | (0) | (1) |
| margin % | (5.2) | (22.9) | — | (119.6) | — |
| Owners' profit | (0) | 2 | 0 | 0 | (1) |
| EPS, as reported (₹) | (0.94) | 12.54 | (2.46) | (13.08) | 4.54 |
| ROE % · ROCE % | (1.3) · — | 17.9 · — | (3.6) · (3.1) | (24.0) · (4.0) | (9.1) · (5.8) |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | (0) | (1) | 0 | (1) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | 0 | (0) | (0) | (0) | (0) | (0) |
| Net profit | (2) | (0) | 0 | (0) | (0) | (0) | 0 | 0 |
| EPS (₹) | (13.48) | (0.93) | 1.26 | (2.43) | 2.43 | 0.18 | 1.43 | 1.46 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Aug 2026 · Q1 FY27 results, name change to Inference Platforms and ESOS approved | results | medium | — | — |
| 8 Aug 2026 · Q1 FY27 profit at Rs 16.11L; name change to Inference Platforms approved | management changes | medium | — | — |
| 8 Aug 2026 · Board clears Q1 results, name change to Inference Platforms, Rs.500 cr borrowing limit | results | medium | — | — |
| 8 Jul 2026 · Routine compliance certificate for Q1 FY27 under SEBI Reg 74(5) | compliance | minimal | — | — |
| 1 Jul 2026 · Photon Capital Advisors files FY26 audited results, swings to profit | results | high | — | — |
| 30 Jun 2026 · CFO Sreedhar Babu Kanuri resigns citing recent change in control | management changes | high | — | — |
| 30 Jun 2026 · Photon Capital Advisors CFO resigns citing recent change in control | management changes | high | — | — |
| 29 Jun 2026 · Trading window closure from July 1, 2026 for Q1 results | compliance | minimal | — | — |
| 25 Jun 2026 · New promoter Vanga Sreeram Reddy takes over at Photon Capital Advisors | ownership changes | high | — | — |
| 25 Jun 2026 · Major board overhaul: 5 directors exit, new promoter group takes charge | management changes | 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 |
| 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.
