MKVentures Capital Limited has disclosed that its wholly owned subsidiary, Destination Properties Private Limited, has secured RERA registration for its residential group housing project in Gurugram.

The project, developed in collaboration with Anant Raj Limited, is now officially identified as "The Estate One". It is situated on Golf Course Extension Road, Sector-63A, Gurugram, Haryana.

Regulatory Details

The Haryana Real Estate Regulatory Authority, Gurugram, issued the Registration Certificate under the Real Estate (Regulation and Development) Act, 2016. The certificate was dated August 20, 2026.

This disclosure follows a previous announcement made on April 8, 2026, regarding a Supplementary Agreement dated April 7, 2026, between Destination Properties Private Limited and Anant Raj Limited. The agreement pertained to the development of the residential group housing project.

MKVentures Capital Limited stated it will continue to make further disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

MKVentures Capital Limited reported a significant turnaround in profitability for the first quarter of FY27, with standalone net profit after tax rising 73% year-on-year to ₹115.78 lakh. This performance contrasts sharply with the full-year loss position seen in FY26, where the company posted a net loss of ₹559.85 lakh in consolidated terms during the prior fiscal year. The improvement underscores a recovery in its core lending and investment activities.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 07, 2026, following a review by the Audit Committee. The results were filed with stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The figures have been subjected to limited review by the statutory auditor and prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Financial Performance Highlights

Standalone total income from operations increased to ₹652.81 lakh in Q1FY27, compared to ₹649.17 lakh in the same quarter last year. This modest revenue growth translated into substantial profit expansion due to better cost management or margin improvements. Consolidated income from operations was recorded at ₹627.98 lakh, slightly lower than the standalone figure but up from ₹655.17 lakh in Q1FY26.

Note: EPS is non-annualised.

Segment Operations and Context

As a Non-Banking Financial Company (NBFC), MKVentures Capital operates through two distinct segments: Loan & Investment and Consultancy. These segments are reported separately in compliance with Ind AS 108 "Operating Segment." The company’s paid-up equity share capital remains unchanged at ₹384.35 lakh, with a face value of ₹10 per share.

While the current quarter shows strong absolute profit growth compared to the immediate prior quarter (Q4FY26 standalone profit was ₹110.39 lakh), it represents a decline from the high base of Q1FY26. However, the consistent profitability in the current quarter marks a positive shift from the net loss incurred in the consolidated books for FY26.

What the Numbers Show

The divergence between revenue growth and profit expansion suggests operational efficiency gains rather than top-line volume drivers. Standalone revenue grew by less than 1% year-on-year, yet net profit surged significantly from the corresponding quarter's baseline when adjusted for the prior year's specific conditions. Investors should note that while Q1FY27 profits are robust relative to recent quarters, they remain below the peak earnings levels seen in Q1FY26, indicating a normalization phase post-FY26 losses.