BSE: 531885
SVA INDIA LTD.
Operates mainly as a holding company for oats-based businesses in India and Sri Lanka, with a small standalone trading operation. The standalone business generated revenue from operations of Rs. 52.49 lakh in FY26 and swung to a net loss of Rs. 235.36 lakh from a Rs. 62.69 lakh profit in FY25, as total expenses climbed to Rs. 318.08 lakh. The economic value sits in its oats-related subsidiaries: Aussee Oats Milling (Sri Lanka), an oats-products manufacturer and exporter that became a 100% wholly owned subsidiary in June 2026 when the remaining 50% stake was acquired, reported FY25-26 turnover of USD 14.78 million; and Aussee Oats India, engaged in import-export of oats and cereals, became a 66.66%-owned subsidiary in March 2026 after the company subscribed to a rights issue of 4,99,999 Class A Equity Shares at Rs. 10 each for about Rs. 49.99 lakh. On a consolidated basis, FY26 net profit was Rs. 162.11 lakh, helped by a Rs. 408.33 lakh share of profit from Aussee Oats Milling. The consolidated balance sheet at end-FY26 carried borrowings of Rs. 1,507.58 lakhs against total equity of Rs. 699.24 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Standalone trading operations, Oats-based products (Aussee Oats Milling, Sri Lanka), Oats and cereals import-export (Aussee Oats India). Small holding company with oats-related subsidiaries/associates and a tiny standalone trading arm
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 4 | 1 | 1 | 1 |
| EBITDA (ex other income) | (0) | (1) | (1) | (0) | (2) |
| margin % | (42.1) | (15.5) | (45.1) | (40.7) | (180.1) |
| Owners' profit | 0 | (1) | 0 | 0 | 0 |
| EPS, as reported (₹) | (0.19) | (3.42) | (0.29) | 1.90 | 4.91 |
| ROE % · ROCE % | (0.8) · 4.0 | (9.1) · (1.1) | 25.7 · 2.4 | 16.8 · 5.7 | 23.2 · (9.0) |
| Debt / equity (x) | 2.10 | 1.14 | 1.40 | 1.11 | 2.16 |
| Cash from operations | 1 | 3 | 0 | 4 | 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 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | (0) | (0) | 2 | (1) | (0) | (0) | (1) | (1) |
| Net profit | 1 | 0 | 2 | 0 | 0 | (0) | (1) | 3 |
| EPS (₹) | (0.01) | 1.18 | 5.36 | 2.62 | 1.52 | (0.91) | (3.27) | 3.65 |
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. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 27,525 | 16.2 | 2.64 | 12.8 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 7,740 | 17.3 | 3.65 | 16.5 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 3,896 | 16.6 | 4.31 | 11.3 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,653 | 25.4 | 4.27 | 19.0 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,104 | — | 12.27 | — | (0.0) | (0.0) | — | 45.0 |
| SHIV AUM STEELS LIMITED | 736 | 64.8 | 6.09 | 47.0 | 6.0 | 6.9 | — | 4.9 |
| The Yamuna Syndicate Ltd | 736 | 8.1 | 0.57 | 185.3 | 4.0 | 0.3 | 4.8 | 6.2 |
| THE STATE TRADING CORPN | 602 | 0.9 | — | 51.0 | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.2 | 13.9 | 41 of 130 | 69% |
| P/B | 0.4 | 0.9 | 32 of 150 | 78% |
| ROCE | (12.5) | 2.1 | 164 of 177 | 7% |
| ROE | 23.2 | 2.3 | 7 of 158 | 96% |
| Debt / Equity | 2.2 | 0.1 | 141 of 154 | 9% |
| EBITDA margin | (71.1) | 4.5 | 128 of 137 | 7% |
| Revenue growth | 281.8 | (8.6) | 13 of 135 | 91% |
| Profit growth | 2689.7 | 0.6 | 4 of 157 | 98% |
| Market cap | 3 | 21 | 170 of 179 | 5% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Antra Garg appointed Company Secretary and Compliance Officer | management changes | medium | — | — |
| 26 Oct 2026 · Mrs. Antra Garg appointed Company Secretary and Compliance Officer | management changes | medium | — | — |
| 26 Oct 2026 · SVA India appoints Antra Garg as Company Secretary and Compliance Officer | management changes | medium | — | — |
| 12 Oct 2026 · Routine compliance certificate for Q2 FY26 dematerialization | compliance | minimal | — | — |
| 5 Oct 2026 · SVA India 45th AGM: All 4 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 45th AGM of SVA India held on September 30, 2026 | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Trading window closed for Q2 results | compliance | minimal | — | — |
| 10 Sept 2026 · Newspaper advertisement for 45th AGM e-voting information | compliance | minimal | — | — |
| 8 Sept 2026 · SVA India 45th AGM on Sep 30, book closure Sep 24 to 30 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · SVA India reports FY26 revenue fall and loss | results | 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.