MKVentures Capital Limited reported a 10% increase in consolidated net worth to ₹113.4 crore as of March 31, 2026, up from ₹102.9 crore in the previous fiscal year. The company also posted a consolidated profit after tax of ₹10.6 crore for FY26, compared to ₹9.5 crore in FY25.

The results were disclosed during the 35th Annual General Meeting held on September 29, 2026, via video conferencing. The meeting highlighted the company's strategic pivot towards strengthening its balance sheet and exploring non-lending business opportunities while maintaining prudent risk management in its lending portfolio.

Financial performance and asset quality

The company's standalone profit after tax rose to approximately ₹11.2 crore in FY26 from ₹9.4 crore in FY25. Management attributed this growth to disciplined capital allocation and a sustainable earnings base. Notably, the company reported negligible Net NPA on its books as of March 31, 2026, reflecting a conservative approach to credit and asset quality.

Leadership transition and strategic focus

A significant governance change occurred with effect from May 28, 2026, when Mr. Madhusudan Kela assumed the role of Non-Executive Chairman. Mr. Ajay Shah was appointed Managing Director & CEO, bringing nearly two decades of experience as a senior Investment Banking Partner at EY. The new leadership aims to build a professional, scalable financial-services platform.

The company plans to gradually rebuild its lending business with a focus on quality and risk-adjusted returns. Simultaneously, management will identify and scale non-lending opportunities where it can deploy capital and relationships effectively. The objective is to diversify the earnings profile rather than pursue diversification for its own sake.

What the numbers show

The divergence between standalone and consolidated profits offers insight into the group structure. Standalone PAT of ₹11.2 crore exceeds consolidated PAT of ₹10.6 crore, suggesting that subsidiary operations or minority interests may be diluting the bottom line at the group level despite strong parent-level performance. This indicates that while the core entity is robust, consolidation effects are moderating overall profitability growth.

MKVentures Capital Limited has scheduled its Thirty-Fifth Annual General Meeting for Tuesday, September 29, 2026, at 4:00 pm. The meeting will be conducted through Video Conferencing or Other Audio Visual Means in compliance with SEBI Listing Regulations and the Companies Act, 2013.

The company dispatched the notice of the AGM along with the Annual Report for FY26 to registered members electronically. Documents are also available on the company website and the BSE Limited portal.

Voting and Participation Details

Members holding shares as of the cut-off date, Tuesday, September 22, 2026, are eligible to vote. The remote e-voting period begins on Saturday, September 26, 2026, at 9:00 am and ends on Monday, September 28, 2026, at 5:00 pm.

Shareholders can cast votes through the Central Depository Services (India) Limited platform. Members who have already voted remotely may attend the meeting but cannot vote again. Login credentials for e-voting will be sent via email after successful registration of email addresses with the depository or registrar.

Compliance and Documentation

The company adhered to MCA Circular No. 03/2025 dated September 22, 2025, regarding the conduct of meetings without physical presence. Members requiring physical copies of the annual report must request them via email. The quorum for the meeting includes members participating through the VC/OAVM facility under Section 103 of the Act.

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company sent letters to shareholders whose email addresses are not registered with the company, depository participants, or MUFG Intime India Private Limited. These letters provide web links to access the Annual Report 2025-26.

Members holding shares in dematerialised form are requested to register their email address with their respective depository participants. Those holding shares in physical form may register by writing to the RTA, MUFG Intime India Private Limited, located in Mumbai. Shareholders are also requested to ensure their KYC details are duly updated as mandated by SEBI.