BSE: 522209
YOGI SUNG-WON (INDIA) LTD.
Functions as a holding company with negligible standalone operations (FY26 standalone revenue of Rs 32.47 lakhs) and conducts real estate and infrastructure activity through two subsidiaries: Bini Builders (63.82% stake) and Moongipa Realty (74.02% stake). The subsidiary business shows large stock-in-trade purchases of Rs 15,304.32 lakhs in Q3 FY26, indicating property trading. The holding company recently renamed itself from Yogi Sung-Won (India) Limited to Yogi Infra Projects Limited and is exploring redevelopment projects. Standalone reserves are deeply negative at Rs (233.88) lakhs. During FY26 the holding entity extended Rs 50 crores in loans to subsidiaries, with Rs 36.91 crores outstanding at year-end. Materials and stock-in-trade are the dominant cost at 57.3% of consolidated revenue, consistent with a trading-oriented property business. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate and infrastructure, Standalone operations. Small holding company with real estate and infrastructure operations routed through subsidiaries
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 146 | 214 | 47 |
| EBITDA (ex other income) | (1) | (1) | 1 | (2) | 2 |
| margin % | — | — | 0.7 | (0.7) | 4.4 |
| Owners' profit | 0 | 0 | 0 | 0 | (0) |
| EPS, as reported (₹) | 0.04 | (0.29) | 0.62 | 0.12 | (0.12) |
| ROE % · ROCE % | 0.2 · 0.2 | (1.1) · (0.5) | 2.3 · 1.8 | (0.5) · (0.3) | (0.4) · 3.7 |
| Debt / equity (x) | 1.02 | 0.92 | 0.98 | 1.26 | 1.26 |
| Cash from operations | 38 | 34 | (90) | (256) | 31 |
| Capex | (0) | (0) | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 214 | 0 | 0 | 0 | 47 | 0 |
| Profit before tax | (0) | (0) | 1 | (3) | (4) | (6) | 12 | (3) |
| Net profit | (0) | (0) | 0 | (3) | (4) | (6) | 11 | (3) |
| EPS (₹) | (0.17) | (0.13) | 0.21 | (1.59) | (2.31) | 3.36 | 6.58 | (1.98) |
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. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 1.1 | 19.0 | 6 of 76 | 93% |
| P/B | 0.2 | 1.0 | 14 of 105 | 88% |
| ROCE | (0.6) | 1.8 | 63 of 83 | 24% |
| ROE | (0.4) | 1.3 | 81 of 111 | 27% |
| Debt / Equity | 1.3 | 0.0 | 71 of 77 | 8% |
| Profit growth | (24.6) | (0.2) | 63 of 109 | 43% |
| Market cap | 11 | 26 | 87 of 113 | 23% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Routine compliance filing on dematerialisation of shares for Sep 2026 quarter | compliance | minimal | — | — |
| 1 Oct 2026 · AGM voting results: All 4 resolutions passed with over 99 percent approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading window closed from Oct 1, 2026 until Q2 results | compliance | minimal | — | — |
| 29 Sept 2026 · 33rd AGM held on Sep 29, 2026 via video conferencing; 4 items tabled | board shareholder meetings | medium | — | — |
| 5 Sept 2026 · Annual Report FY2025-26 submitted; 33rd AGM on Sep 29, 2026 | results | high | — | — |
| 5 Sept 2026 · 33rd AGM Notice on Sep 29 2026 - Loan Limit and Related Party Items | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Board approves FY26 Annual Report, AGM on Sept 29, 2026 | board shareholder meetings | medium | — | — |
| 13 Aug 2026 · Yogi Infra Projects Q1 FY27: consolidated loss widens to Rs 333 lakh | results | high | — | — |
| 13 Aug 2026 · Board approves Q1 FY27 results, company renamed from Yogi Sung-Won | results | high | — | — |
| 6 Aug 2026 · Board meeting on Aug 13 to approve Q1 FY27 results | results | low | — | — |
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.