MKP Mobility Limited reported a consolidated net profit of ₹174.92 lakh for the financial year ended March 31, 2026, a substantial increase from ₹28.22 lakh in the previous year. Revenue from operations grew to ₹3,626.09 lakh compared to ₹3,184.22 lakh in FY25, driven primarily by the auto components segment for the two-wheeler and three-wheeler industry. The company’s Board approved the audited standalone and consolidated financial results during a meeting held on May 28, 2026.

Financial Performance

The standalone net profit for the year stood at ₹179.67 lakh, up from ₹94.16 lakh in the prior year. Total income for the consolidated entity increased to ₹3,762.63 lakh in FY26 from ₹3,330.60 lakh in FY25. The company reported that its associate, MKP Kataria Recycling Private Limited, recorded a net loss of ₹3.65 lakh for the year, which was factored into the consolidated results.

Operational Metrics

Key expenses included purchases of stock-in-trade, which amounted to ₹3,259.31 lakh for the year, and employee benefits expense of ₹106.61 lakh. Finance costs rose to ₹7.39 lakh from ₹0.44 lakh in the previous year. The basic earnings per share (EPS) for the consolidated entity increased to ₹5.13 in FY26 from ₹0.83 in FY25.

Balance Sheet and Cash Flows

The company’s total assets under consolidated financial statements stood at ₹1,110.95 lakh as of March 31, 2026, compared to ₹1,052.11 lakh a year earlier. Cash and cash equivalents decreased to ₹9.52 lakh from ₹17.14 lakh at the end of the previous fiscal year. The net cash flow used in operating activities was ₹29.19 lakh for the year.

Governance and Appointments

The Board approved the appointment of M/s. Aniket Solanki and Company, Chartered Accountants (FRN: 132445W), as the internal auditor for the financial year 2026-27. The statutory auditors, M/s. Shah Khandelwal Jain and Associates, issued an unmodified opinion on the audited financial results for FY26. The meeting commenced at 3:35 P.M. and concluded at 5:30 P.M. on May 28, 2026.

mkp mobility disclosed an inter-se transfer of shares among its promoters via a gift transaction. The company informed the stock exchanges that Mr. Aanjan Jitesh Patodia acquired 5,40,696 equity shares from Mr. Jitesh Mahendrakumar Patodia. The transfer was executed on May 4, 2026, without any consideration.

Transaction Details

The acquisition involved the transfer of 5,40,696 equity shares, representing 15.851% of the total paid-up equity share capital of the target company. The transaction was structured as an off-market inter-se transfer by way of gift. Consequently, the acquisition price per share was NIL. Both the acquirer and the seller are promoters of the company and immediate relatives, qualifying for an exemption from making an open offer under Regulation 10(1)(a)(i) and 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern

The transfer resulted in a significant shift in the individual shareholding of the promoters while the aggregate promoter group holding remained constant. Mr. Aanjan Jitesh Patodia increased his stake substantially, whereas Mr. Jitesh Mahendrakumar Patodia reduced his holding accordingly.

Regulatory Compliance

The necessary disclosures regarding the proposed acquisition were filed with the stock exchanges on April 17, 2026, under Regulation 10(5) of the SEBI SAST Regulations. Subsequent to the transaction, a report under Regulation 10(7) was submitted to the Securities and Exchange Board of India (SEBI) on May 23, 2026. The company confirmed that all conditions specified under the relevant regulations for the exemption have been duly complied with. The total equity share capital of the company stands at 34,11,030 shares of ₹10 each, aggregating to ₹3,41,10,300.