M.K. Exim (India) Limited has reported another change in its promoter shareholding structure. Lajwanti Murlidhar Dialani, a member of the promoter group and Whole Time Director of the company, has further increased her stake through additional open market purchases.

Latest Transaction Details

Dialani acquired 9,106 equity shares of M.K. Exim (India) Limited through BSE open market transactions completed on December 08 and December 10. This latest acquisition has resulted in an increase in Dialani's individual shareholding from 4.51% to 4.54% of the company's total equity. The transaction value amounted to Rs. 5.14 lakh, excluding taxes, brokerage, and other charges.

Updated Shareholding Structure

The recent transactions have impacted both individual and promoter group holdings. Here's the comprehensive breakdown:

Regulatory Compliance

In accordance with SEBI regulations, Dialani has submitted the required disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure was filed with the Bombay Stock Exchange on December 10, following the circular no. CIR/ISD/02/2015 dated September 16, 2015.

Transaction Timeline

The share acquisition process was completed across multiple dates:

Company Information

M.K. Exim (India) Limited trades on the BSE under scrip code 538890 with ISIN INE227F01010. The company maintains a total equity share capital of Rs. 40.37 crore, comprising 40,36,7250 shares of Rs. 10 each. These recent acquisitions demonstrate the promoter group's continued confidence in the company's prospects and commitment to increasing their stake in the trading sector company.

MK Exim (India) Limited, a player in the fabric, garments, and cosmetics sectors, has released its unaudited standalone financial results for the quarter and half-year ended September 30, revealing a mixed performance.

Revenue and Profitability

The company reported a quarterly revenue from operations of ₹1,843.86 crore, marking a decrease from ₹2,232.16 crore in the previous quarter. Despite the revenue dip, M.K. Exim managed to maintain profitability, with a net profit of ₹388.44 crore for the quarter, compared to ₹709.96 crore in the prior quarter.

Half-Year Performance

For the half-year period, M.K. Exim's total revenue reached ₹4,544.57 crore, with a net profit of ₹1,098.40 crore, indicating sustained performance over the six-month timeframe.

Segment-wise Revenue

The company operates in two main segments:

The cosmetics segment emerged as the primary revenue driver for the quarter.

Financial Metrics

• Earnings per share (EPS) for the quarter stood at ₹0.59, down from ₹1.32 in the previous quarter.
• The company's balance sheet shows total assets of ₹11,077.41 crore, up from ₹10,071.36 crore at the end of the previous fiscal year.
• Cash and cash equivalents decreased to ₹172.04 crore from ₹410.84 crore at the beginning of the fiscal year.

Corporate Governance

The Board of Directors met on November 5 to approve these results. In line with regulatory requirements, the trading window for insiders will reopen 48 hours after the declaration of results.

Segment Performance

Both main segments of M.K. Exim showed positive results before tax and finance costs:

The cosmetics segment continues to be the major profit contributor for the company.

Outlook

While M.K. Exim has experienced a quarter-on-quarter revenue decline, its ability to maintain profitability and positive segment results suggests resilience in its business model. The company's focus on both fabric and garments, as well as cosmetics, provides diversification that may help in navigating market fluctuations.