BSE: 544560
SODHANI CAPITAL LIMITED
Operates as a financial products distributor, currently generating revenue as a Sub-broker/Authorised Person of Prabhudas Lilladher Private Limited, earning share-based brokerage from clients trading in NSE's Capital Market, Futures & Options, and Currency Derivatives segments (BSE and MCX approvals were noted as expected shortly). Through successive amendments to its Memorandum of Association, the company is expanding into four further lines: Alternative Investment Fund (AIF) distribution, Portfolio Management Services (PMS), stock-broking under a franchise model, and mutual fund distribution/intermediary services. A further postal ballot in March 2026 added a Direct Selling Agent (DSA) and referral-agent business for banks, NBFCs, and housing finance companies, sourcing home loans, personal loans, business loans, and loans against property. FY26 total income was Rs 478.76 lakh (up from Rs 413.41 lakh) and PAT was Rs 234.60 lakh. The dominant FY26 cost line was capital expenditure at 145.2% of revenue, including Rs 501.17 lakh spent on acquiring office premises in Mumbai; employee cost was 16.2% and other operating expenses 15.8% of revenue. The company listed on the BSE SME platform on October 7, 2025 after an IPO of Rs 10.71 crore that was subscribed 4.79 times. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Share-based brokerage (Sub-broker of Prabhudas Lilladher), AIF distribution, Portfolio Management Services (PMS), Stock-broking franchise model, Mutual fund distribution/intermediary, DSA and referral services for lenders. Small, newly-listed capital-markets distributor pivoting from a single brokerage line into multiple financial-product distribution verticals.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 5 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 3.32 |
| ROE % · ROCE % | — · 17.7 |
| Debt / equity (x) | — |
| Cash from operations | 2 |
| Capex | (7) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 2 | 2 |
| Profit before tax | 2 | 2 |
| Net profit | — | — |
| EPS (₹) | 2.00 | 1.39 |
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. % |
|---|---|---|---|---|---|---|---|---|
| ANAND RATHI WEALTH LTD | 37,509 | 48.7 | 37.07 | 63.6 | 39.3 | 48.6 | — | 68.0 |
| PRUDENT CORP ADV SER LTD | 11,914 | 48.6 | 13.50 | — | 25.2 | — | — | 31.6 |
| DHARNI CAPITAL SERVICES LIMITE | 113 | 16.9 | 4.36 | 18.8 | 18.1 | 22.6 | — | 63.0 |
| SODHANI CAPITAL LIMITED ◆ | 52 | 19.2 | — | — | — | 17.7 | — | — |
| VEDANT ASSET LIMITED | 16 | 21.4 | — | — | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.2 | 19.2 | 29 of 58 | 51% |
| ROCE | 17.7 | 16.0 | 16 of 33 | 53% |
| Market cap | 52 | 946 | 62 of 69 | 10% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board meeting set for November 3, 2026 half-year results | results | low | — | — |
| 9 Oct 2026 · Reg 74(5) Certificate Filing for Sep 2026 Quarter | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed pending Sep 2026 half-yearly results | compliance | minimal | — | — |
| 27 Aug 2026 · Promoter group entity Oasis Securities buys 20,000 shares | ownership changes | medium | — | — |
| 21 Aug 2026 · AGM Results: All Resolutions Passed, Dividend of Rs 0.50 per Share Approved | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Sodhani Capital 7th AGM: FY26 results adopted, Rs 0.50 dividend declared | board shareholder meetings | low | — | — |
| 29 Jul 2026 · Newspaper publication of 7th AGM notice and e-voting information | compliance | minimal | — | — |
| 28 Jul 2026 · Sodhani Capital FY26 Annual Report - revenue up, PAT grows, first listed year | results | high | — | — |
| 28 Jul 2026 · Sodhani Capital 7th AGM notice and FY26 annual report filed | results | high | — | — |
| 27 Jul 2026 · Board approves 7th AGM on 19 Aug 2026, appoints auditors for FY27 | 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.