NSE: RKSWAMY · BSE: 544136
R K SWAMY LIMITED
Operates an integrated marketing services platform combining communications, content, creative, media, data analytics, marketing technology and market research under one roof. FY26 revenue of Rs 340.75 crore was split across three segments: Integrated Marketing Communications (Rs 162.14 crore, 48.6% of segment revenue) covering creative and media services for advertisers; Customer Data Analytics and Marketing Technology (Rs 88.56 crore, 26.6%) run through subsidiary Hansa Customer Equity; and Full-Service Market Research (Rs 82.64 crore, 24.8%) run through Hansa Research Group. Operating infrastructure includes a Customer Experience Centre expanded by about 600 seats (~50% capacity rise) running at 83% utilisation, CATI market research facilities scaled by 86%, and a Digital Video Studio in South Mumbai being set up for Rs 11 crore that is expected to be operational within the year. Revenue is seasonal — about 60% comes in the second half versus 40% in the first half — and EBITDA margin stood at 15.5% in FY26 (up from 13.5% in FY25). Employee cost is the largest input at 35.2% of revenue, followed by materials/services at 32.8%. Digital services account for around 75% of consolidated revenue. The model is zero-debt and asset-light, with 75-85% of revenue from repeat clients. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Integrated Marketing Communications (49%), Customer Data Analytics and Marketing Technology (MarTech) (27%), Full-Service Market Research (25%). Asset-light, services-driven integrated marketing platform with a seasonal revenue pattern (60% in H2).
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 332 | 294 | 341 |
| EBITDA (ex other income) | 70 | 30 | 40 |
| margin % | 21.2 | 10.0 | 11.9 |
| Owners' profit | 40 | 19 | 22 |
| EPS, as reported (₹) | 8.86 | 3.70 | 4.38 |
| ROE % · ROCE % | 16.5 · 23.2 | 7.5 · 9.7 | 8.4 · 10.9 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 |
| Cash from operations | 11 | (10) | 38 |
| Capex | (2) | (10) | (10) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 77 | 84 | 78 | 74 | 89 | 101 | 84 |
| Profit before tax | 2 | 4 | 15 | 4 | 3 | 3 | 19 | 5 |
| Net profit | 1 | 4 | 12 | 3 | 1 | 3 | 16 | 3 |
| EPS (₹) | 0.10 | 0.72 | 2.44 | 0.57 | 0.11 | 0.54 | 3.16 | 0.69 |
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. % |
|---|---|---|---|---|---|---|---|---|
| SIGNPOST INDIA LIMITED | 1,214 | 16.5 | 4.17 | 9.2 | 24.1 | 24.9 | — | 23.1 |
| Bright Outdoor Media Limited | 773 | 7.0 | — | — | — | 17.3 | — | — |
| R K SWAMY LIMITED ◆ | 379 | 16.7 | 1.43 | 6.7 | 8.4 | 9.7 | — | 13.1 |
| DIGICONTENT LIMITED | 131 | 107.0 | 3.54 | 6.2 | 2.2 | 3.4 | 14.4 | 2.0 |
| Chatterbox Technologies Limite | 45 | 8.9 | — | — | — | 17.6 | — | — |
| TOSS THE COIN LIMITED | 30 | 10.6 | — | — | — | 25.5 | — | — |
| Sungold Media and Entertainmen | 28 | 560.0 | 2.38 | — | 0.2 | 0.3 | — | 5.3 |
| THINKINK PICTUREZ LIMITED | 26 | 9.0 | 0.17 | — | 0.9 | 1.1 | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 16.7 | 9.0 | 9 of 11 | 20% |
| P/B | 1.4 | 1.4 | 4 of 7 | 50% |
| ROCE | 9.7 | 10.0 | 7 of 11 | 40% |
| ROE | 8.4 | 2.2 | 3 of 7 | 67% |
| Debt / Equity | 0.0 | 0.0 | 1 of 7 | 50% |
| EBITDA margin | 13.1 | 13.1 | 3 of 5 | 50% |
| Revenue growth | 7.8 | 11.6 | 6 of 7 | 17% |
| Profit growth | 20.5 | 17.2 | 3 of 7 | 67% |
| Market cap | 379 | 29 | 3 of 12 | 82% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 5 Oct 2026 · Compliance certificate for Q2 FY27 dematerialization filed | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 17 Aug 2026 · R K Swamy 53rd AGM: All 5 resolutions passed, Rs 2 dividend declared | compliance | minimal | — | — |
| 17 Aug 2026 · 53rd AGM: All 5 resolutions passed, Rs.2 dividend declared | board shareholder meetings | low | — | — |
| 13 Aug 2026 · R K Swamy publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 12 Aug 2026 · No deviation in IPO fund use for Q1FY27 | compliance | minimal | — | — |
| 12 Aug 2026 · R K Swamy Q1 FY27 results: revenue up 8%, PAT rises 20% YoY | results | high | — | — |
| 12 Aug 2026 · Q1 FY27 results: revenue up 8%, PAT up 21% on consolidated basis | results | high | — | — |
| 10 Aug 2026 · Board approves amalgamation of Dsquare Solutions with Hansa Cequity | strategic transactions | medium | — | — |
| 4 Aug 2026 · Board meeting on Aug 12 to consider Q1 FY27 results | results | 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.