Operates as a non-banking finance company (NBFC) based in Nagpur, listed on BSE, with a single reportable segment described as the financing business. In FY26, revenue from operations was Rs. 241.56 lakhs (against Rs. 74.03 lakhs in FY25) and other income was Rs. 209.42 lakhs, giving total income of Rs. 450.99 lakhs. Profit after tax was Rs. 71.14 lakhs on total assets of Rs. 20.25 crore, with a Q4 FY26 standalone net loss of Rs. 86.91 lakhs driven by high other expenses. The cost base carries no material input costs; employee costs are 7.7% of revenue, other operating expenses 28.6%, and depreciation 4.3%, and capex was nil as a share of revenue. The promoter group is linked to Bajaj Steel Industries and Bajaj Exports, with Vidarbha Tradelinks Private Limited holding 28.50% of the equity after an NCLT-approved inter-se transfer from Rohit Polytex. The filings do not specify the financing products offered, loan book size, borrower profile, or geographic reach beyond the Nagpur base. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Financing business, Other income. Small, single-segment NBFC with a light cost base and no capex
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2 | 1 | 1 | 1 | 2 |
| EBITDA (ex other income) | 1 | 1 | 0 | 0 | (0) |
| margin % | 80.9 | 66.0 | 28.0 | 38.0 | (14.5) |
| Owners' profit | 1 | 0 | 1 | 0 | 0 |
| EPS, as reported (₹) | 20.70 | (2.93) | 26.85 | 23.41 | 3.80 |
| ROE % · ROCE % | 4.7 · — | 1.2 · — | 3.5 · — | 9.5 · — | 3.9 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | 11 | 3 | 1 | 1 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 0 | 1 | 0 | 2 | 0 | (1) |
| Net profit | 0 | 0 | 0 | 2 | 0 | 1 | 0 | (1) |
| EPS (₹) | 0.91 | 13.87 | (12.09) | 19.86 | 10.66 | 13.85 | 1.37 | (22.08) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 13,611 | 22.3 | 9.15 | 13.1 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 9,297 | 106.7 | 31.07 | 5.9 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,728 | 18.6 | 2.58 | 13.1 | 13.8 | 14.8 | 26.2 | 68.9 |
| INOX GREEN ENERGY SER LTD | 7,175 | 57.5 | 4.18 | 42.6 | 6.0 | 9.0 | — | 131.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 29 Aug 2026 · Newspaper advertisement published for 41st AGM notice | compliance | minimal | — | — |
| 29 Aug 2026 · Tashi India files 41st Annual Report for FY2025-26, AGM on Sep 19 | compliance | minimal | — | — |
| 28 Aug 2026 · 41st AGM set for September 19, 2026; cutoff September 12 | board shareholder meetings | low | — | — |
| 28 Aug 2026 · 41st AGM on Sep 19, 2026; book closure Sep 13-19; record date Sep 12, 2026 | board shareholder meetings | low | — | — |
| 28 Aug 2026 · Tashi India 41st AGM on Sept 19, 2026; new director appointments | board shareholder meetings | medium | — | — |
| 28 Aug 2026 · 41st AGM on Sept 19, 2026; book closure Sept 13-19 | board shareholder meetings | low | — | — |
| 4 Aug 2026 · Q1 FY26 unaudited results approved by board | results | high | — | — |
| 4 Aug 2026 · Board approves Q1 FY26 unaudited results | results | high | — | — |
| 30 Jul 2026 · Tashi India board to consider Q1 FY27 results on Aug 4, 2026 | results | low | — | — |
| 7 Jul 2026 · RTA compliance certificate filed for quarter ended June 2026 | compliance | minimal | — | — |
| 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 |
| SMARTWORKS COWORKING SP L |
| 6,079 |
| 218.0 |
| 11.45 |
| 5.1 |
| 2.0 |
| 0.3 |
| — |
| 65.8 |
| NIRLON LTD | 5,526 | 16.0 | 11.79 | — | 73.8 | 18.1 | — | 79.4 |
| QUESS CORP LIMITED | 5,174 | 20.4 | 4.43 | 15.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INDIQUBE SPACES LIMITED | 4,272 | — | 8.30 | — | (20.7) | (2.5) | — | 67.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROE | 3.9 | 3.1 | 54 of 116 | 54% |
| Debt / Equity | 0.0 | 0.0 | 3 of 116 | 60% |
| EBITDA margin | (59.7) | 25.4 | 82 of 92 | 11% |
| Revenue growth | 90.2 | 16.2 | 17 of 91 | 82% |
| Profit growth | (156.9) | 5.2 | 98 of 110 | 11% |
| 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.
