Operates primarily in trading and food processing alongside a textile business, run as a single segment, with materials accounting for 95.4% of revenue (Rs. 65.29 crore of FY26 revenue of Rs. 68.46 crore) and employees only 0.3%, indicating a thin-margin, pass-through cost shape. During FY26, the company acquired Swadeshi Agrotech Industries Pvt Ltd under a common control transaction to add agro-food processing, and signed a non-binding MoU with Perlas Weil Flores International Trading Corporation of the Philippines to co-develop MSME Industrial Parks starting in Udaipur, Rajasthan, covering Asia more broadly along with renewables, EV mobility, agro-food processing, technology exchange and startup incubation. The company is planning 100 MSME Industrial Parks in India, with the partner responsible for foreign investment and the company handling design, operations and infrastructure. Standalone revenue from operations surged to Rs. 6,811.90 lakhs in FY26 from Rs. 1,589.56 lakhs in FY25, while standalone profit after tax was Rs. 170.36 lakhs (vs Rs. 102.85 lakhs). Equity was raised by converting 1.23 crore warrants into shares at Rs. 10 each, doubling paid-up capital to Rs. 2,312.80 lakhs; other equity stayed negative at Rs. (282.34) lakhs and operating cash flow was negative on both standalone (Rs. 99.52 lakhs) and consolidated (Rs. 226.75 lakhs) bases, with negligible debt on the books. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Trading and food processing, Textiles, Agro-food processing, MSME Industrial Parks development. Trading- and pass-through-heavy, multi-business in transition (textiles, food processing, MSME Industrial Parks)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 68 |
| EBITDA (ex other income) | 2 |
| margin % | 3.4 |
| Owners' profit | 2 |
| EPS, as reported (₹) | 1.47 |
| ROE % · ROCE % | 7.5 · 9.7 |
| Debt / equity (x) | 0.03 |
| Cash from operations | (2) |
| Capex | (3) |
| ₹ crore | Q3 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 16 | 33 |
| Profit before tax | 1 | 1 |
| Net profit | 0 | 1 |
| EPS (₹) | 0.36 | 0.35 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| EPL LIMITED | 7,674 | 15.7 | 2.68 | 8.3 | 13.7 | 13.6 | 9.0 | 19.1 |
| AGI GREENPAC LIMITED | 4,943 | 13.7 | 2.05 | 7.5 | 14.6 | 16.5 | — | 23.4 |
| UFLEX LIMITED | 4,730 | 6.9 | 0.58 | 6.9 | 3.9 | 2.7 | 11.6 | 17.1 |
| POLYPLEX CORPORATION LTD | 3,541 | 22.8 | 0.50 | 9.5 | 0.6 | 0.3 | 7.6 | 14.3 |
| TCPL PACKAGING LIMITED | 3,515 | 30.4 | 4.89 | 13.4 | 13.6 | 13.0 | 15.4 | 17.8 |
| XPRO INDIA LIMITED | 3,028 | 91.7 | 3.79 | 64.6 | 2.4 | 2.8 | 6.2 | 11.4 |
| JINDAL POLY FILMS LIMITED | 2,936 | 143.6 | 0.72 | 10.0 | 0.6 | 0.8 | 8.5 | 23.0 |
| COSMO FIRST LIMITED | 2,294 | 13.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Aug 2026 · E-Voting Schedule for 42nd AGM on September 15, 2026 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · 42nd AGM notice with FY26 annual report; name change and new businesses proposed | results | high | — | — |
| 22 Aug 2026 · Newspaper notice published for 42nd AGM on September 15, 2026 | compliance | minimal | — | — |
| 22 Aug 2026 · 42nd AGM on Sep 15, 2026: name change, new businesses, Rs 25 cr proposals | board shareholder meetings | low | — | — |
| 22 Aug 2026 · Book closure from 5 to 15 September 2026 for 42nd AGM | board shareholder meetings | low | — | — |
| 22 Aug 2026 · Annual Book Closure from Sep 5 to Sep 15, 2026 for 42nd AGM | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Board meeting on 12 Aug to approve Q1 FY27 results and FY26 Annual Report | board shareholder meetings | low | — | — |
| 15 Jul 2026 · Routine compliance certificate filing for quarter ended June 2026 | compliance | minimal | — | — |
| 26 Jun 2026 · Trading window closure from July 1, 2026 ahead of Q1 FY27 results | compliance | minimal | — | — |
| 30 May 2026 · Annual Secretarial Compliance Report for the Financial Year 2025-26 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 1.42 |
| 8.0 |
| 9.6 |
| 6.4 |
| 9.8 |
| 12.6 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 108.7 | 17.6 | 65 of 69 | 6% |
| P/B | 7.7 | 1.4 | 60 of 61 | 2% |
| ROCE | 9.7 | 7.3 | 29 of 71 | 60% |
| ROE | 7.5 | 6.8 | 32 of 66 | 52% |
| Debt / Equity | 0.0 | 0.3 | 13 of 66 | 82% |
| EBITDA margin | 3.5 | 12.1 | 56 of 62 | 10% |
| Market cap | 179 | 131 | 32 of 73 | 57% |
| 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 |
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