MPIL Corporation Ltd (500450)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, MPIL's revenue was ₹0.0 Cr (+0.0% year on year, +100.0% on the previous quarter), and net profit ₹-0.2 Cr (against a profit a year earlier); the operating margin was -900.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | +0.0% | +100.0% |
| Operating profit | ₹-0.2 | loss widened | loss narrowed |
| Net profit | ₹-0.2 | to loss | loss narrowed |
| EPS (₹) | -2.98 | to loss | loss narrowed |
| Operating margin | -900.0% | — | — |
📢 Recent Corporate Announcements
MPIL Corporation has informed the exchange of the demise of its Secretarial Auditor, Mr. Ashok Patel, proprietor of M/s. Ashok Patel & Associate, on August 16, 2026. The Audit Committee and the Board will consider the appointment of a new secretarial auditor in due course. The micro-cap financial services entity (market cap ₹24 Cr) reported TTM revenue of ~₹0 Cr and a net loss of ₹3.36 Cr in FY26. This administrative change has no operational or financial impact on the company.
- Demise of Secretarial Auditor Mr. Ashok Patel occurred on August 16, 2026
- Firm associated: M/s. Ashok Patel & Associate, Practicing Company Secretaries, Mumbai
- Audit Committee and Board to appoint a successor auditor in due course
- Filing submitted under Regulation 30 on August 17, 2026
MPIL Corporation reported a net loss of ₹17 lakhs for the quarter ended June 30, 2026, a sharp reversal from a profit of ₹12 lakhs in the year-ago period. Total income halved to ₹19 lakhs from ₹38 lakhs YoY, primarily due to a 52.7% decline in 'Other Income'. Operational revenue remains negligible at just ₹2 lakhs, which is insufficient to cover the company's quarterly expenses of ₹36 lakhs. Additionally, the company underwent a management change with the appointment of a new Company Secretary following a resignation.
- Net Loss of ₹17.00 lakhs in Q1 FY27 compared to a profit of ₹12.00 lakhs in Q1 FY26
- Total Income dropped 50% YoY to ₹19.00 lakhs from ₹38.00 lakhs
- Other Income fell significantly to ₹17.00 lakhs from ₹36.00 lakhs in the previous year's quarter
- Total Expenses increased to ₹36.00 lakhs from ₹26.00 lakhs YoY, driven by finance costs of ₹15.00 lakhs
- Appointment of Miss Saloni Shah as Company Secretary & Compliance Officer effective August 10, 2026
MPIL Corporation reported a net loss of ‡17 lakhs for the quarter ended June 30, 2026, a sharp reversal from a profit of ‡12 lakhs in the same period last year. Total income halved to ‡19 lakhs from ‡38 lakhs YoY, while total expenses rose by 38.5% to ‡36 lakhs. The company continues to struggle with negligible operating revenue, with finance costs of ‡15 lakhs consuming nearly 79% of its total income. Additionally, the company replaced its Company Secretary and Compliance Officer effective August 10, 2026.
- Net Loss of ‡17.00 lakhs in Q1 FY27 vs a profit of ‡12.00 lakhs in Q1 FY26
- Total Income declined 50% YoY to ‡19.00 lakhs from ‡38.00 lakhs
- Total Expenses increased to ‡36.00 lakhs, driven by higher 'Other Expenses' and steady finance costs
- Finance costs stood at ‡15.00 lakhs, representing a significant burden relative to total income
- Appointment of Miss Saloni Shah as Company Secretary following the resignation of Mr. Hiren Desai
MPIL Corporation has scheduled a board meeting for August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of just ₹23 Cr and has reported negligible revenue (₹0.01 Cr to ₹0.02 Cr) in recent quarters. In the most recent quarter (March 2026), the company reported a net loss of ₹3.65 Cr, significantly impacting its TTM PAT of ₹-3 Cr. Given the current operating profit margin of -6966.7%, the upcoming results are critical to assess the company's ongoing viability.
- Board meeting scheduled for August 10, 2026, to approve Q1 FY27 results
- Company reported a net loss of ₹3.65 Cr in the previous quarter ended March 2026
- TTM revenue stands at ₹0 Cr, reflecting a lack of core business operations
- Market capitalization is highly illiquid at ₹23 Cr
- Promoter holding remains stable at 74.78% as of June 2026
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
