M.K. Exim (India) Limited has released its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Jaipur-based company, engaged in textiles and FMCG personal care products, demonstrated mixed performance with revenue growth offset by margin pressures.

Financial Performance Overview

The company's quarterly performance showed resilience in revenue generation despite challenging market conditions. Total revenue including other income reached ₹2713.33 lakhs in Q3FY26, marking a significant improvement from the previous quarter.

Segment-wise Performance

The company operates through two primary business segments, each contributing differently to overall performance. The cosmetics segment continues to be the dominant revenue driver, while the fabric and garments segment showed notable improvement.

Profitability Analysis

Despite revenue growth, the company faced margin compression during the quarter. Profit before tax declined to ₹620.59 lakhs from ₹743.97 lakhs in the corresponding quarter last year. The decrease in profitability was primarily attributed to higher operational expenses and changes in inventory levels.

Total expenses increased to ₹2092.73 lakhs in Q3FY26 compared to ₹1678.56 lakhs in Q3FY25. Key expense components included purchase of stock-in-trade at ₹861.56 lakhs, employee benefit expenses of ₹185.79 lakhs, and other expenditure of ₹451.95 lakhs.

Balance Sheet Strength

The company maintained a strong balance sheet position with total segment assets of ₹11536.37 lakhs as of December 31, 2025, compared to ₹9731.71 lakhs in the previous year. The cosmetics segment assets stood at ₹7109.64 lakhs, while fabric and garments segment assets were ₹2566.69 lakhs.

Regulatory Compliance

The results were reviewed by the Audit Committee and approved by the Board of Directors on February 3, 2026. The statutory auditors completed a limited review as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's paid-up equity share capital remained stable at ₹4036.73 lakhs with a face value of ₹10 per share.

M.K. Exim (India) Limited has reported multiple significant changes in its promoter shareholding structure through consecutive acquisitions by Lajwanti Murlidhar Dialani, a member of the promoter group and Whole Time Director. The latest disclosure reveals an additional acquisition following her earlier purchase, demonstrating continued confidence in the company's prospects.

Latest Share Acquisition Under SEBI Takeover Regulations

Dialani has acquired an additional 8,650 equity shares through open market purchase on December 29, 2025. This latest transaction, disclosed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, further strengthens her position in the company. The acquisition increases her individual shareholding from 4.64% to 4.67% of the total equity capital.

Cumulative Shareholding Impact

The recent acquisitions have significantly enhanced the promoter group's collective position. Following both transactions, Dialani's individual holding has increased from the original 4.57% to 4.67%, while the total promoter group holding (including persons acting in concert) has reached 42.97% of the company's equity capital.

Persons Acting in Concert

The disclosure identifies key members of the promoter group acting in concert with Lajwanti Murlidhar Dialani. The group includes Murli Wadhumal Dialani (PAN: AAFPD0047H), Manish Murlidhar Dialani (PAN: AEZPD9777L), and Reshma Manish Dialani (PAN: AFYPR7581L). This coordinated structure demonstrates the family's unified approach to maintaining significant control over the company's operations.

Regulatory Compliance and Transparency

The company has maintained exemplary compliance with multiple regulatory frameworks. The latest disclosure was filed with the Department of Corporate Services-Listing at Bombay Stock Exchange on December 30, 2025, following the earlier Form C submission under SEBI (Prohibition of Insider Trading) Regulations. This dual compliance approach ensures complete transparency in all substantial acquisition activities.

The consecutive acquisitions by the promoter group reflect strong confidence in M.K. Exim's business prospects and strategic direction. The company continues to demonstrate robust governance practices through timely and comprehensive regulatory disclosures, maintaining transparency for all stakeholders in the trading sector.