Distributes mutual funds and other financial products, with a stated focus on rural and first-time investors. The company is launching a mobile application that will offer a digital platform for exploring and investing in mutual funds, along with educational content for first-time investors. In FY26, total revenue from operations was Rs. 4.7481 crore, with no material or direct input costs — the cost structure is dominated by employee expenses (31% of revenue) and other operating expenses (60.6% of revenue), consistent with a services-led distribution model. The company is listed on the BSE SME platform and is based in Ranchi, Jharkhand, with a small balance sheet of Rs. 6.3971 crore in total assets in FY26. Operational scale figures such as assets under management, distributor network size, or active investor count are not disclosed in the filings provided. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Distribution of mutual funds and other financial products. Small, services-led financial products distributor dependent on personnel and operating overhead
| ₹ crore · consolidated | FY23 | FY24 |
|---|---|---|
| Revenue | 3 | 3 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 1.12 | 1.00 |
| ROE % · ROCE % | — · 7.7 | — · 5.9 |
| Debt / equity (x) | — | — |
| Cash from operations | 0 | (0) |
| Capex | — | — |
| ₹ crore | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 |
|---|---|---|---|---|
| Revenue | 2 | 1 | 2 | 1 |
| Profit before tax | 0 | 0 | 0 | 0 |
| Net profit | — | — | — | — |
| EPS (₹) | 1.15 | 0.44 | 0.55 | 0.64 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ANAND RATHI WEALTH LTD | 36,695 | 47.6 | 36.27 | 62.3 | 39.3 | 48.6 | — | 68.0 |
| PRUDENT CORP ADV SER LTD | 14,140 | 57.7 | 16.02 | 42.4 | 25.2 | — | — | 31.6 |
| DHARNI CAPITAL SERVICES LIMITE | 112 | 16.8 | 4.34 | 18.7 | 18.1 | 22.6 | — | 63.0 |
| SODHANI CAPITAL LIMITED | 56 | 20.6 | — | — | — | 17.7 | — | — |
| VEDANT ASSET LIMITED ◆ | 18 | 23.5 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Notice of 11th Annual General Meeting published in newspapers | compliance | minimal | — | — |
| 5 Sept 2026 · Book Closure for AGM from Sep 22 to Sep 26, 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Vedant Asset 11th AGM on 26 Sep 2026; books closed 22 to 26 Sep | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Vedant Asset Limited 11th AGM notice - 26 Sep 2026 | management changes | medium | — | — |
| 4 Sept 2026 · 11th AGM notice and FY26 annual report filed | board shareholder meetings | medium | — | — |
| 4 Sept 2026 · Board approves Directors' Report, sets 11th AGM on 26 Sept 2026 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Board meeting set for 4 September 2026 | board shareholder meetings | low | — | — |
| 13 Jul 2026 · RTA certificate confirming no demat or remat requests for Q1FY27 | compliance | minimal | — | — |
| 20 Jun 2026 · Vedant Asset to launch mobile app for rural mutual fund investments | business updates | medium | — | — |
| 18 Jun 2026 · Neha Sharma appointed as Company Secretary and Compliance Officer | management changes | medium | — | — |
| 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 |
| P/E (TTM) | 23.5 | 20.3 | 37 of 62 | 41% |
| Market cap | 18 | 990 | 67 of 69 | 3% |
| 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.
