MURAE
MURAE financials
- Market cap
- ₹39 Cr
Quarterly results
Q1 FY26: revenue up 1634.8%, net profit up 3200.0% against the same quarter last year.
| Line item | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 0 | 58 +13391% | 281 +70163% | 516 +59845% | 4 +1635% |
| EBITDA | -1 | 0 | 1 | -0 | 1 +219% | 5 +8667% | 4 +199% | 1 +492% |
| Net profit | -1 | 0 | 1 | -0 | 1 +203% | 4 +9925% | 3 +144% | 7 +3200% |
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 −72.5% 1Y
1Y: ₹0.69 on 24 Mar 2025 → ₹0.19. High ₹1.23 (10 Jun 2025), low ₹0.19 (13 Mar 2026).
Financials, as filed
Revenue grew 678.9% a year over 2 years, FY23 to FY25. Operating margin narrowed to 1.2%.
| Year ending | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | ₹14 Cr | ₹3 Cr | ₹855 Cr |
| Operating profit | ₹1 Cr | ₹-0 Cr | ₹10 Cr |
| Operating margin | 6.5% | -7.4% | 1.2% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹0 Cr | ₹8 Cr |
| Net margin | 14.4% | 1.8% | 0.9% |
| Cash from operations | ₹0 Cr | ₹-16 Cr | ₹-323 Cr |
| Free cash flow | ₹0 Cr | ₹-16 Cr | ₹-323 Cr |
| ROCE | 12.0% | 1.0% | 4.0% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹12 Cr | ₹12 Cr | ₹49 Cr | ₹186 Cr |
| Reserves | ₹8 Cr | ₹8 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr | ₹23 Cr |
| Borrowings | ₹9 Cr | ₹11 Cr | ₹9 Cr | ₹9 Cr | ₹0 Cr | ₹213 Cr |
| Other liabilities | ₹12 Cr | ₹2 Cr | ₹3 Cr | ₹1 Cr | ₹64 Cr | ₹231 Cr |
| Total liabilities | ₹36 Cr | ₹28 Cr | ₹29 Cr | ₹29 Cr | ₹120 Cr | ₹652 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹32 Cr | ₹27 Cr | ₹28 Cr | ₹28 Cr | ₹120 Cr | ₹652 Cr |
| Total assets | ₹36 Cr | ₹28 Cr | ₹29 Cr | ₹29 Cr | ₹120 Cr | ₹652 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 Sep 2025
The ownership split has held steady since Sep 2024. The shareholder count grew 145% to 1,33,664.
- Public
- 100.0%
Since Sep 2024
- Public −0.01 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Dec '22: Public 100.0%.Mar '23: Public 100.0%.Jun '23: Public 100.0%.Sep '23: Public 100.0%.Dec '23: Public 100.0%.Mar '24: Public 100.0%.Jun '24: Public 100.0%.Sep '24: Public 100.0%.Dec '24: Public 100.0%.Mar '25: Public 100.0%.Jun '25: Public 100.0%.Sep '25: Public 100.0%.
Who is on the register
Named in the Sep 2025 filing
Every holder of MURAE above SEBI's 1% disclosure line, and what changed since Jun 2025.
| Holder | Stake | Change |
|---|---|---|
| Ifl Enterprises Limited | 6.38% | −0.96 pp |
| Mithlesh Consultancy Llp | 3.67% | unchanged |
| Eklingji Tradelink Private Limited | 3.18% | −0.49 pp |
| Moneystar Tradelink Private Limited | 2.86% | −0.81 pp |
| Katyayani Tradelink Private Limited | 2.20% | −1.47 pp |
| Banke Tradelink Private Limited | 1.76% | −1.91 pp |
| Someshwara Tradelink Private Limited | — | off the list |
| Balmukund Tradelink Private Limited | — | off the list |
| Satvat Agro Llp | — | off the list |
| Govindsingh Bhavnathsingh Rajbhar | — | off the list |
| Ankush Rajkumar Dabhane | — | off the list |
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 MURAE
Guides on how to read this kind of business and the numbers that matter.