BSE: 505515
SHYAMKAMAL INVESTMENTS LTD.
Operates as a small BSE-listed entity in Other Financial Services, with FY26 total income of ₹182.94 lakh against total assets of ₹3,132.73 lakh. The company incurs finance costs of ₹106.97 lakh on borrowings of ₹1,175.26 lakh, indicating a lending or on-lending activity where interest spreads drive earnings. It also holds equity investments, classified between FVTPL and FVTOCI, with a reclassification between the two inflating FY26 reported profit by ₹72.17 lakh (without which it would have posted a net loss of ₹48.93 lakh). A joint venture investment of ₹75.07 lakh is recorded as unrecovered, with the auditor flagging that its recoverability could not be verified. In December 2025 the company raised ₹12.92 crore via a preferential allotment of 1.29 crore equity shares at ₹10 each, lifting paid-up capital from ₹1,349.80 lakh to ₹2,641.30 lakh. The statutory auditor issued a qualified opinion citing missing audit trail in accounting software and unverifiable bank balances at HDFC Bank and Canara Bank. Employee cost was 7.8% of revenue, other operating expenses 20.9%, and depreciation 0.2%, with no materials or capex of note, consistent with a financial rather than manufacturing business. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest and finance income on lending, Income from equity investments. Small, asset-light financial services and investment entity with a qualified audit opinion
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 2 | 2 |
| EBITDA (ex other income) | 0 | (0) | (0) | 1 | 1 |
| margin % | — | — | — | 33.3 | 71.3 |
| Owners' profit | 0 | (0) | (0) | 1 | 0 |
| EPS, as reported (₹) | 0.25 | (0.31) | (0.25) | 0.37 | 0.13 |
| ROE % · ROCE % | 8.9 · — | (13.6) · (13.6) | (5.8) · (5.7) | 6.7 · 10.7 | 1.2 · — |
| Debt / equity (x) | — | 0.03 | 0.09 | 1.61 | — |
| Cash from operations | 0 | (0) | (2) | (1) | 2 |
| 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 | 1 | 0 | (0) |
| Profit before tax | (0) | (0) | (0) | 1 | (0) | 0 | 1 | (0) |
| Net profit | (0) | (0) | (0) | 1 | (0) | 0 | 1 | (0) |
| EPS (₹) | 0.00 | (0.01) | (0.28) | 0.78 | 0.00 | 0.16 | 0.30 | (0.18) |
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 |
|---|---|---|---|---|
| P/E (TTM) | 48.2 | 19.0 | 57 of 76 | 25% |
| P/B | 1.8 | 1.0 | 72 of 105 | 32% |
| ROE | 1.2 | 1.3 | 57 of 111 | 49% |
| EBITDA margin | 216.6 | 25.6 | 6 of 91 | 94% |
| Revenue growth | (111.6) | (4.1) | 84 of 85 | 1% |
| Profit growth | (146.6) | (0.2) | 94 of 109 | 14% |
| Market cap | 36 | 26 | 48 of 113 | 58% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board meeting set for 2 November 2026 to review financial results | board shareholder meetings | low | — | — |
| 12 Oct 2026 · Reg 74(5) Certificate Submission for Q2 FY26 | compliance | minimal | — | — |
| 29 Sept 2026 · Submission of Voting Results of Annual General Meeting of the Company. | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Scrutinizer Report filed for 26 Sep 2026 AGM; all 5 resolutions passed | compliance | minimal | — | — |
| 29 Sept 2026 · Trading window closed for Q2 and H1 FY27 results | compliance | minimal | — | — |
| 26 Sept 2026 · Shyamkamal Investments AGM held; 5 ordinary resolutions taken up | board shareholder meetings | low | — | — |
| 19 Sept 2026 · Shyamkamal Investments - AGM Addendum Notice Published in Newspapers | compliance | minimal | — | — |
| 17 Sept 2026 · Addendum to AGM notice - Increase in Authorised Share Capital | board shareholder meetings | low | — | — |
| 17 Sept 2026 · Shyamkamal AGM addendum: seeks to raise authorised share capital to Rs 152 crore from Rs 52 crore | board shareholder meetings | low | — | — |
| 17 Sept 2026 · Board approves increase in authorized share capital to Rs 152 crore | 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.