Classified within the Trading & Distributors industry, the BSE-listed entity operates two reported business segments — Trading and Real Estate — both of which have recorded zero revenue across recent reporting periods, with FY26 showing only Rs 5 lakhs of revenue from operations. It is loss-making at the bottom line, with the prior year's loss materially larger than the current year. Finance costs are the dominant expense line, well above any revenue the business generates. The balance sheet is stressed: total equity is negative, accumulated losses run into several thousand lakhs, and short-term borrowings have risen sharply year-on-year. Operating cash flow has also turned sharply negative. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading, Real Estate. Small-cap BSE-listed entity with minimal operating revenue, persistent losses and negative equity
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (15) | (9) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | (0) | (0) | (15) | (9) | (1) |
| EPS, as reported (₹) | (0.03) | 0.02 | (0.93) | 0.56 | 0.09 |
| ROE % · ROCE % | (2.0) · (1.8) | (1.6) · (1.4) | (275.8) · (192.4) | 246.9 · 648.4 | 28.5 · 11.1 |
| Debt / equity (x) | 0.03 | 0.06 | 0.29 | (0.57) | (1.99) |
| Cash from operations | (1) | (1) | 0 | 0 | 1 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ 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) | (9) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (9) | (0) | (0) | (1) | (0) |
| EPS (₹) | (0.01) | (0.01) | (0.01) | 0.54 | 0.01 | 0.01 | 0.05 | 0.03 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 30,817 | 18.1 | 2.96 | 14.3 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 9,347 | 20.9 | 4.41 | 19.9 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 5,178 | 22.1 | 5.73 | 15.5 | 24.2 | 31.8 | (13.9) | 86.5 |
| SHANKARA BUILDPRO LIMITED | 3,050 | 23.2 | 5.59 | 13.5 | 23.4 | 31.8 | — | 3.3 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Swati Agarwal appointed as Company Secretary | management changes | medium | — | — |
| 1 Sept 2026 · Newspaper publication for 32nd AGM of Risa International Limited | compliance | minimal | — | — |
| 31 Aug 2026 · 32nd Annual Report FY26 - Zero Revenue, Loss Narrows to Rs 145 Lacs | compliance | minimal | — | — |
| 31 Aug 2026 · RISA International - Book Closure for 32nd AGM from Sept 18 to 24, 2026 | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Notice for 32nd AGM scheduled on 24 September 2026 | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Q1 FY27 unaudited results published in newspapers | compliance | minimal | — | — |
| 13 Aug 2026 · Risa International Q1 FY27 loss widens to Rs. 40.29 lakh; revenue nil | results | high | — | — |
| 13 Aug 2026 · Board approves Q1 FY27 results; 32nd AGM on Sept 24, 2026 | results | high | — | — |
| 8 Aug 2026 · Board meeting on 13 Aug 2026 to approve Q1 FY27 results | results | low | — | — |
| 13 Jul 2026 · Compliance certificate for Q1 FY27 dematerialisation | compliance | minimal | — | — |
| 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 |
| CREATIVE NEWTECH LIMITED |
| 1,682 |
| 25.8 |
| 4.34 |
| 19.2 |
| 18.1 |
| 21.0 |
| — |
| 5.2 |
| Pervasive Commodities Limited | 865 | 0.1 | 9.61 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 810 | 8.9 | 0.63 | 203.9 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 680 | 1.0 | — | 52.5 | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.2 | 14.7 | 30 of 161 | 82% |
| ROCE | 31.3 | 2.0 | 8 of 184 | 96% |
| ROE | 28.5 | 2.3 | 5 of 174 | 98% |
| Debt / Equity | (2.0) | 0.0 | 5 of 175 | 98% |
| Profit growth | 94.6 | 0.6 | 52 of 157 | 67% |
| Market cap | 7 | 25 | 154 of 174 | 12% |
| 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.
