514238
MKVentures Cap. financials
- Market cap
- ₹387 Cr
- Sector
- Financial Services
What MKVentures Cap. does
MKVentures Capital Limited is registered with the Reserve Bank of India as a Non-Banking Financial Company – Non-Deposit Taking, Systemically Important (NBFC-ND-SI). It earns by sanctioning and disbursing credit through simple processes and procedures, offering timely, friendly and flexible repayment terms aligned to the specific needs of its clientele. Being non-deposit-taking, it funds its lending through borrowings and equity rather than public deposits. Management has stated an intent to expand into alternative asset management as a newer business segment.
Segments
- Lending / Credit
- RBI registration category
- NBFC-ND-SI (Non-Deposit Taking, Systemically Important)
Quarterly results
Q1 FY27: revenue up 2.5%, net profit down 72.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 8 | 3 | 6 | 6 −11% | 4 −55% | 2 −21% | 6 +2% |
| EBITDA | 6 | 7 | -7 | 6 | 5 −23% | 2 −67% | 1 +110% | 2 −61% |
| Net profit | 4 | 5 | -5 | 4 | 3 −17% | 2 −56% | 1 +121% | 1 −73% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −32.2% 1Y
1Y: ₹1,447.95 on 10 Sept 2025 → ₹981.6. High ₹1,459 (25 Sept 2025), low ₹748.1 (30 Mar 2026).
Financials, as filed
Revenue fell 13.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 75.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹27 Cr | ₹39 Cr | ₹25 Cr | ₹18 Cr |
| Operating profit | ₹26 Cr | ₹36 Cr | ₹14 Cr | ₹14 Cr |
| Operating margin | 94.2% | 92.8% | 56.5% | 75.5% |
| Interest | ₹4 Cr | ₹10 Cr | ₹3 Cr | ₹2 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹16 Cr | ₹21 Cr | ₹9 Cr | ₹11 Cr |
| Net margin | 59.8% | 54.0% | 37.2% | 62.3% |
| Cash from operations | ₹-259 Cr | ₹258 Cr | ₹32 Cr | ₹28 Cr |
| Free cash flow | ₹-259 Cr | ₹257 Cr | ₹32 Cr | ₹28 Cr |
| ROCE | 17.4% | 20.6% | 16.6% | 14.1% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹8 Cr | ₹12 Cr | ₹28 Cr | ₹90 Cr | ₹107 Cr | ₹110 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹249 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹1 Cr | ₹0 Cr | ₹29 Cr | ₹20 Cr | ₹7 Cr | ₹2 Cr |
| Total liabilities | ₹12 Cr | ₹16 Cr | ₹309 Cr | ₹114 Cr | ₹117 Cr | ₹115 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹7 Cr | ₹14 Cr | ₹0 Cr | ₹12 Cr | ₹65 Cr | ₹107 Cr |
| Other assets | ₹5 Cr | ₹2 Cr | ₹309 Cr | ₹100 Cr | ₹52 Cr | ₹8 Cr |
| Total assets | ₹12 Cr | ₹16 Cr | ₹309 Cr | ₹114 Cr | ₹117 Cr | ₹115 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 4% to 3,793.
- Promoters
- 74.4%
- FIIs
- 4.3%
- Public
- 21.4%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Dec '23: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Mar '24: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Jun '24: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Sep '24: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Dec '24: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Mar '25: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Jun '25: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Sep '25: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Dec '25: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Mar '26: Promoters 74.4%, FIIs 4.3%, Public 21.4%.Jun '26: Promoters 74.4%, FIIs 4.3%, Public 21.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of MKVentures Cap. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Madhusudan Murlidhar Kela .. | 74.36% | unchanged |
| Think India Opprtunities Master Fund Lp FPI fund | 4.26% | unchanged |
| Nareshkumar Radheyshyam Khandelwal | 2.43% | unchanged |
| Chandresh Pramodray Lotia | 1.69% | unchanged |
| Vineet Wadhwa | 1.61% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse MKVentures Cap.
Guides on how to read this kind of business and the numbers that matter.