BSE: 524580
PRIYA LTD.
Traded in electronics products, with chemicals as a residual line, according to segment disclosures as of December 2019, where Electronics accounted for the entirety of segment revenue. A BSE filing for Q3 FY26, however, describes the current single business segment as trading of equity shares. Operations have effectively ceased: revenue from operations was Rs 0.10 lakh in FY26 against Rs 2.40 lakh in FY25, all branches except the Mumbai office have been closed, most employees laid off, and bank accounts have been blocked since October 2018 after accounts were classified as non-performing assets by Indian Bank, Bank of Maharashtra, and Union Bank of India. Total liabilities exceed total assets by Rs 4,463.55 lakhs, giving the company a deeply negative net worth, and the only profit line items in recent periods have come from notional exceptional gains arising from bank-led auctions of properties belonging to the company and related parties, not from operating activity. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Electronics (100%), Chemical (0%), Trading of equity shares. Operationally shut-down trading entity with negative net worth and blocked bank accounts
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) | (1) | (1) | (1) | (0) | 8 |
| margin % | — | — | — | — | — |
| Owners' profit | (4) | (4) | (4) | (4) | 4 |
| EPS, as reported (₹) | (13.48) | (13.23) | (13.45) | (13.05) | 14.47 |
| ROE % · ROCE % | 10.9 · 1.3 | 9.6 · 1.0 | 9.0 · 1.0 | 8.0 · 0.7 | (9.7) · (17.7) |
| Debt / equity (x) | (0.66) | (0.61) | (0.57) | (0.53) | (0.38) |
| Cash from operations | (1) | (4) | (1) | (0) | 8 |
| 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 | (1) | (1) | (1) | (1) | (1) | (1) | 7 | (1) |
| Net profit | (1) | (1) | (1) | (1) | (1) | (1) | 7 | (1) |
| EPS (₹) | (3.21) | (3.32) | (3.49) | (3.02) | (3.12) | (3.15) | 23.75 | (3.01) |
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. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 27,525 | 16.2 | 2.64 | 12.8 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 7,740 | 17.3 | 3.65 | 16.5 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 3,896 | 16.6 | 4.31 | 11.3 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,653 | 25.4 | 4.27 | 19.0 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,104 | — | 12.27 | — | (0.0) | (0.0) | — | 45.0 |
| SHIV AUM STEELS LIMITED | 736 | 64.8 | 6.09 | 47.0 | 6.0 | 6.9 | — | 4.9 |
| The Yamuna Syndicate Ltd | 736 | 8.1 | 0.57 | 185.3 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 602 | 0.9 | — | 51.0 | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.0 | 13.9 | 6 of 130 | 96% |
| Profit growth | 0.6 | 0.6 | 79 of 157 | 50% |
| Market cap | 4 | 21 | 166 of 179 | 7% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · Dematerialization certificate submission for Sep 2026 quarter | compliance | minimal | — | — |
| 7 Oct 2026 · Quarterly Loan Default Disclosure by Priya Ltd | credit debt | high | — | — |
| 2 Oct 2026 · Priya Limited 39th AGM: Both resolutions passed with requisite majority | board shareholder meetings | low | — | — |
| 2 Oct 2026 · Priya Limited 39th AGM results: both resolutions passed with over 99 percent majority | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Priya Ltd 39th AGM held on September 30, 2026 | board shareholder meetings | medium | — | — |
| 30 Sept 2026 · Trading window closed ahead of Q2 and H1 FY27 results | compliance | minimal | — | — |
| 9 Sept 2026 · Notice of 39th AGM published in newspaper | compliance | minimal | — | — |
| 8 Sept 2026 · 39th AGM on 30 Sep 2026; book closure from 24 Sep 2026 | corporate actions | medium | — | — |
| 8 Sept 2026 · Priya Ltd files FY26 annual report; 39th AGM on 30 Sept 2026 | compliance | low | — | — |
| 8 Sept 2026 · Priya Ltd 39th AGM notice and FY26 annual report filed | board shareholder meetings | low | — | — |
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.