BSE: 531324
ROSELABS FINANCE LTD.
A BSE-listed entity in Other Financial Services with three disclosed revenue segments — Advisory Services, Financing Activity, and Trading in Securities — all nil at the last segment cut-off in the pack (June 2018 quarter). FY26 revenue from operations was ₹120.75 lakhs; Q1 FY27 reported nil revenue from operations with a loss after tax of ₹5.47 lakhs and total expenses of ₹5.47 lakhs. Other equity sits at ₹(1,503.46) lakhs against share capital of ₹1,000 lakhs, meaning accumulated losses exceed paid-up capital. FY26 operating cash flow was ₹(20.43) lakhs. A Section 230 merger scheme with holding company Lodha Developers was filed with NCLT Mumbai on June 11, 2026 and is pending approval. The FY26 cost shape lists materials at 99% of revenue, employee costs at 5.1%, and other operating expenses at 12.3%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Advisory Services, Financing Activity, Trading in Securities. BSE-listed financial services entity with negligible current operations and negative net worth
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 | 1 |
| EBITDA (ex other income) | (0) | 2 | (0) | (0) | (0) |
| margin % | — | — | (15.2) | (43.5) | (16.4) |
| Owners' profit | (0) | 2 | (0) | (0) | (0) |
| EPS, as reported (₹) | (2.57) | 2.02 | (0.13) | (0.29) | (0.31) |
| ROE % · ROCE % | 6.9 · 31.4 | (46.8) · 9506.0 | 3.0 · (101.9) | 6.2 · (141.7) | 6.1 · (495.7) |
| Debt / equity (x) | (0.78) | (1.00) | (1.03) | (1.04) | (1.01) |
| Cash from operations | (0) | 1 | (0) | (0) | (0) |
| 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 | 1 | 0 | 0 | 1 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.04) | (0.09) | (0.11) | (0.05) | (0.05) | (0.06) | (0.04) | (0.16) |
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. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | (495.7) | 1.8 | 83 of 83 | 0% |
| Revenue growth | (100.0) | (4.1) | 76 of 85 | 2% |
| Profit growth | (260.6) | (0.2) | 99 of 109 | 9% |
| Market cap | 21 | 26 | 63 of 113 | 45% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 23 Oct 2026 · Unaudited September 2026 quarter and six-month results published | compliance | minimal | — | — |
| 22 Oct 2026 · Rs 10.60 lakh six-month loss; unmodified review and continued cash outflow | results | high | — | — |
| 22 Oct 2026 · Roselabs Finance posts half-year loss amid continued cash burn | results | high | — | — |
| 14 Oct 2026 · Board meeting on Oct 22, 2026 to consider Q2/H1 FY26 results | results | low | — | — |
| 9 Oct 2026 · Shareholders approve merger of Roselabs Finance and National Standard into Lodha Developers | strategic transactions | high | — | — |
| 9 Oct 2026 · Roselabs Finance shareholders approve merger into Lodha Developers | strategic transactions | high | — | — |
| 6 Oct 2026 · Routine SEBI Reg 74(5) demat certificate filing for Q2 FY27 | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 7 Sept 2026 · Shareholders to vote on Roselabs Finance merger on October 9 | compliance | minimal | — | — |
| 4 Sept 2026 · NCLT meeting on Oct 9 for merger with Lodha Developers | strategic transactions | high | — | — |
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.