Classified as a trading and distributor services company, it has reported zero revenue from operations for an extended period, with its FY26 auditor flagging that both bank accounts were inoperative and all transactions historically routed through the former Managing Director's personal loan account. Total assets at FY26 end stood at Rs 4.9998 crore. Following a full management changeover in May-June 2026, the board approved a pivot to electric vehicles—covering EV cars, scooters, buses, lithium-ion batteries, battery swapping stations, and charging infrastructure—with shareholders approving a rename to Cosmic Energy and Motors Limited at an EGM on July 30, 2026. Authorized share capital was raised from Rs 3.5 crore to Rs 50 crore and borrowing powers were increased to Rs 500 crore. Q1 FY27 results showed total income from operations of Rs 41.97 lakhs and a pre-tax profit of Rs 2.86 lakhs, but the after-tax position remained a loss of Rs 21.36 lakhs owing to deferred tax. The proposed EV business has not yet commenced operations according to the filings. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Trading and distribution (legacy), Electric vehicles, batteries and charging (proposed). Currently dormant shell/trading entity in the middle of a board-approved pivot to electric vehicles.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | — |
| margin % | (1492.2) | (1182.3) | — | (278.3) | — |
| Owners' profit | (0) | (0) | (0) | (0) | — |
| EPS, as reported (₹) | 0.31 | (0.81) | 0.51 | 0.44 | 0.72 |
| ROE % · ROCE % | (3.5) · (1.7) | (10.1) · (10.0) | (6.8) · (6.8) | (6.1) · (6.1) | — · (7.7) |
| Debt / equity (x) | 0.00 | 0.00 | 1.22 | 1.30 | — |
| Cash from operations | (0) | (0) | (0) | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | — | (0) |
| EPS (₹) | 0.05 | 0.00 | 0.34 | 0.06 | 0.08 | 0.07 | 0.52 | 0.69 |
| 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 % |
|---|---|---|---|---|
| 9 Sept 2026 · Newspaper publication of 41st AGM notice and e-voting details | compliance | minimal | — | — |
| 8 Sept 2026 · Book Closure Sept 23-30 for 41st AGM, E-voting Sept 27-29 | board shareholder meetings | medium | — | — |
| 8 Sept 2026 · Web link shared for FY2026 Annual Report and 41st AGM notice | compliance | minimal | — | — |
| 8 Sept 2026 · 41st AGM on Sept 30, 2026; new auditor appointment proposed | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Annual Report FY2025-26 submitted; 41st AGM on Sept 30, 2026 | compliance | minimal | — | — |
| 8 Sept 2026 · Newspaper publication of 41st AGM notice - Sept 30, 2026 | compliance | minimal | — | — |
| 7 Sept 2026 · 41st AGM on Sept 30, 2026; preferential share issue plan withdrawn | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Board Withdraws Preferential Share Issue; 41st AGM Set for Sept 30 | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Company renamed to Cosmic Energy and Motors Limited | general | medium | — | — |
| 31 Jul 2026 · Shashank Traders EGM: All 14 resolutions passed, name change to Cosmic Energy | board shareholder meetings | medium | — | — |
| 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 |
| 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) | 25.0 | 14.7 | 112 of 161 | 31% |
| ROCE | (7.7) | 2.0 | 164 of 184 | 11% |
| Profit growth | (995.4) | 0.6 | 151 of 157 | 4% |
| Market cap | 11 | 25 | 132 of 174 | 24% |
| 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.
