Operates as a non-banking financial company (NBFC) listed on BSE and based in Kanpur. In FY26, the standalone NBFC entity generated negligible earnings — standalone profit after tax was just Rs 0.03 lakh against standalone revenue of Rs 258.22 lakh, while consolidated revenue was Rs 390.35 lakh with consolidated PAT of Rs 169.79 lakh. The consolidated results were lifted by its wholly-owned subsidiary, Venkatswamy Mining & Estates Private Limited, which contributed Rs 161.10 lakh to group PAT. The company carried no outstanding borrowings as of March 31, 2026, having fully repaid Rs 164.71 lakh of debt during the year. Q1 FY27 standalone revenue rose 38% year-on-year to Rs 118.09 lakh with PAT of Rs 87.31 lakh. Other operating expenses made up 32.7% of revenue, employee costs 8.6%, with depreciation at 2.2% and no material input costs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Standalone NBFC operations, Subsidiary mining operations. Small BSE-listed NBFC; consolidated earnings driven by mining subsidiary rather than standalone NBFC activity
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3 | 4 | 3 | 5 | 4 |
| EBITDA (ex other income) | 1 | 2 | 2 | 3 | 2 |
| margin % | 29.6 | 53.4 | 53.4 | 61.9 | 43.5 |
| Owners' profit | 1 | 1 | 1 | 2 | 1 |
| EPS, as reported (₹) | 0.22 | 0.15 | 0.17 | 0.32 | 0.16 |
| ROE % · ROCE % | 2.9 · — | 3.7 · — | 4.3 · — | 7.3 · — | 3.7 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 0 | 1 | (2) | (1) | 2 |
| Capex | 0 | (0) | 0 | (0) | (0) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | (1) |
| Net profit | 0 | 1 | 1 | 1 | 1 | 1 | 1 | (1) |
| EPS (₹) | 0.04 | 0.07 | 0.10 | 0.10 | 0.06 | 0.05 | 0.11 | (0.06) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Aug 2026 · Newspaper notice published for 43rd AGM on September 28, 2026 | compliance | minimal | — | — |
| 24 Aug 2026 · Sulabh Engineers sends AGM and annual report links to shareholders without email | compliance | minimal | — | — |
| 24 Aug 2026 · Notice of 43rd AGM and Annual Report for FY 2025-26 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · AGM on Sep 28 2026; e-voting cut-off Sep 22, book closure Sep 23-28 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Sulabh Engineers files FY26 Annual Report; 43rd AGM on Sep 28, 2026 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · 43rd AGM notice - September 28, 2026 | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Amended policy for inquiry on leak of unpublished price sensitive information | regulatory legal | low | — | — |
| 12 Aug 2026 · CFO resigns, new CFO appointed; MD re-appointment approved at board meet | management changes | high | — | — |
| 12 Aug 2026 · CFO Seema Mittal resigns, Shraddha Mishra appointed; MD Vimal Sharma reappointed | management changes | high | — | — |
| 12 Aug 2026 · Board approves AGM notice, new CFO appointment, MD re-appointment | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 15.4 | 18.2 | 96 of 212 | 55% |
| P/B | 0.5 | 1.1 | 46 of 245 | 81% |
| ROE | 3.7 | 3.0 | 122 of 266 | 54% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | (80.5) | 48.6 | 214 of 249 | 14% |
| Revenue growth | 42.0 | 12.6 | 67 of 231 | 71% |
| Profit growth | (159.5) | 7.8 | 205 of 251 | 18% |
| Market cap | 25 | 37 | 154 of 260 | 41% |
| 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 |
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.
