M.K. Exim (India) Ltd (MKEXIM)

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M.K. Exim (India) Ltd (MKEXIM) · mywealthgrid

About

M.K. Exim operates as a distributor in consumer discretionary retailing with a market cap of ₹217.8 Cr and current operating margins of 24.89%. The company links retail supply chains through distribution infrastructure.

Face value: ₹10

Market cap

₹269 Cr

P/E

15.1×

P/B

2.7×

Dividend yield

0.9%

ROE

19.2%

ROCE

26.7%

Debt / equity

0.01

OPM

24.9%

EPS (TTM)

₹4.4

Book value

₹24.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue highly volatile across recent quarters (₹6.43 Cr Jun 2020 to ₹19.14 Cr Mar 2021), indicating cyclical exposure
Operating margin historically unstable (0.28% Sep 2019, netting -₹0.89 Cr loss; now 24.89%), raising sustainability questions
Share price declined 32% over 1 year despite current healthy margins, suggesting investor skepticism about earnings durability
Minimal institutional participation (0.05% FII, 0% DII) may constrain liquidity and market confidence

Generated analysis · source review pending

Growth drivers

OPM improved to 24.89% from 5.29% (Dec 2019); revenue scaling at this margin drives profit growth faster
Revenue recovered from ₹6.43 Cr (Jun 2020) to ₹19.14 Cr (Mar 2021); verify if recent quarters sustain momentum
ROE of 19.25% shows efficient capital deployment; verify if management plans distribution expansion
D/E ratio of 0.01 enables growth financing; verify capital allocation plans in recent disclosures

Generated analysis · source review pending

2,022 historical price candles were omitted because the exchange source has not been verified.

₹66.5-0.3%1Y

Quick read

rule-based

Pros

+Strong return on equity of 22.2% (3-yr avg)
+High return on capital employed of 30.2%
+Healthy operating margin of 24.9%
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 247.1×

Cons

−Modest revenue growth of 8.2% a year over the last 3 years

Research score

Structured signal from quality, growth, valuation and momentum.

63/100

Business quality: 79
Growth: 33
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	58	73	104	92	93
COGS	36	43	68	57	50
Gross profit	22	30	36	35	43
	10	12	17	16	20
Operating profit (EBITDA)	11	17	19	20	23
OPM %	20%	23.8%	18.7%	21.1%	24.9%
Depreciation	1	0	0	1	1
Interest	0	0	0	0	0
	1	1	3	2	2
Profit before tax	11	18	22	21	24
Tax	3	5	6	5	7
Tax %	25.8%	25.6%	26%	25.6%	27.1%
	8	13	17	15	18
PAT margin %	13.9%	18.2%	16.1%	16.7%	19.2%
EPS (₹)	3.5	5	6.2	3.8	4.4
EPS adjusted (₹)	2	3.3	4.1	3.8	4.4
	0%	0%	0%	13.2%	0%
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	7	9	27	27	40	40
Reserves	—	30	26	42	44	60
Minority interest	—	0	—	—	—	—
	—	3	4	2	1	1
	—	3	3	8	1	3
Total equity & liabilities	—	45	60	80	87	104
	2	2	5	7	10	9
CWIP	—	—	—	—	—	—
Investments	—	4	4	4	4	4
	—	39	50	69	73	90
Total assets	—	45	60	80	87	104

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	3	4	6	19	5
	5	-4	-2	-24	-1
	-1	1	-2	-2	-2
Net cash flow	7	1	1	-7	2
Free cash flow	3	-0	4	15	5
CFO / Operating profit %	22.5%	22.6%	28.7%	96.2%	21.3%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	37.7%	40.6%	34.6%	38.2%	45.9%
EBITDA margin %	20%	23.8%	18.7%	21.1%	24.9%
EBIT margin %	18.2%	23.4%	18.4%	20.5%	24.2%
PAT margin %	13.9%	18.2%	16.1%	16.7%	19.2%
Working capital
Receivable days	66	68	87	57	71
Inventory days	71	109	51	38	149
Payable days	8	22	14	1	7
NWC days	130	155	124	94	213
Leverage
Current ratio	7.13	7.17	6.32	36.63	30.24
Debt to EBITDA	0.23	0.22	0.12	0.04	0.03
Debt to equity	0.07	0.07	0.03	0.01	0.01
Interest coverage	24	53.5	106.7	83.6	247.1
Asset turnover	1.29	1.23	1.3	1.07	0.89
Return ratios
Return on assets %	18%	22.4%	20.8%	17.8%	17.2%
Return on capital employed %	28.8%	39.6%	36.8%	27.2%	26.7%
Return on equity %	20.5%	25.4%	24.1%	18.3%	17.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	41.97%	42.05%	42.18%	42.3%	42.3%	42.3%	42.54%	42.54%	42.71%	42.97%	43.37%	43.97%
	0.04%	0%	0%	0%	0.06%	0.08%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	57.99%	57.95%	57.82%	57.7%	57.64%	57.62%	57.41%	57.41%	57.24%	56.98%	56.58%	55.98%
No. of shareholders	—	—	—	—	—	—	—	—	13,663	13,303	12,899	12,436

Promoter holding up 2 percentage points since Sep 2023.

Mr. MURLI WADHUMAL DIALANIExecutive Director-Chairperson related to Promoter
Mr. MANISH MURLIDHAR DIALANIExecutive Director-MD
Mrs. LAJWANTI M DIALANIExecutive Director
Mrs. PRIYA MURLIDHAR MAKHIJANon-Executive - Independent Director
Mr. Azad Kumar TripathiChief Financial Officer
Mr. VISHESH MAHESH NIHALANINon-Executive - Independent Director
Mr. GAURAV L PATODIANon-Executive - Independent Director
Mrs. Bhavna GiamalaniCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in M.K. Exim (India) Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

3

Final dividend18 Sept 2026 · ex-date₹0.6
Final dividend13 Sept 2024 · ex-date₹0.5
Dividend dividend22 Sept 2016 · ex-date₹0.5

1

Board meeting to consider results5 Aug 2026

2

Bonus 1:217 Jan 2024 · ex-date
Bonus 2:18 Feb 2022 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

37 announcementsExport CSV

29 Sept 2026, 1:31 pmCompany Update

Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015

General

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	37.7%	40.6%	34.6%	38.2%	45.9%
EBITDA margin %	20%	23.8%	18.7%	21.1%	24.9%
EBIT margin %	18.2%	23.4%	18.4%	20.5%	24.2%
PAT margin %	13.9%	18.2%	16.1%	16.7%	19.2%
Working capital
Receivable days	66	68	87	57	71
Inventory days	71	109	51	38	149
Payable days	8	22	14	1	7
NWC days	130	155	124	94	213
Leverage
Current ratio	7.13	7.17	6.32	36.63	30.24
Debt to EBITDA	0.23	0.22	0.12	0.04	0.03
Debt to equity	0.07	0.07	0.03	0.01	0.01
Interest coverage	24	53.5	106.7	83.6	247.1
Asset turnover	1.29	1.23	1.3	1.07	0.89
Return ratios
Return on assets %	18%	22.4%	20.8%	17.8%	17.2%
Return on capital employed %	28.8%	39.6%	36.8%	27.2%	26.7%
Return on equity %	20.5%	25.4%	24.1%	18.3%	17.7%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
M.K. Exim (India) LtdMKEXIMMKEXIM	₹269 Cr	₹269 Cr	₹93 Cr	₹23 Cr	24.9%	₹18 Cr	19.2%	26.7%	19.2%	213
Khemani Distributors & Marketing LtdKDMLKDML	₹261 Cr	—	₹68 Cr	₹-28 Cr	-41.8%	₹-13 Cr	-19.1%	—	—	—
Ace Men Engg Works LtdACEMENACEMEN	₹147 Cr	₹147 Cr	₹1 Cr	₹0 Cr	—	₹0 Cr	—	0%	0%	—
MRP Agro LtdMRPMRP	₹103 Cr	—	₹59 Cr	₹5 Cr	9.2%	₹4 Cr	6.8%	—	—	—
Sattva Sukun Lifecare LtdTAVEXIATAVEXIA	₹45 Cr	₹49 Cr	₹32 Cr	₹-5 Cr	-15.9%	₹1 Cr	0.7%	0.6%	0.6%	-375
Kotia Enterprises LtdKELKEL	₹18 Cr	₹18 Cr	₹0 Cr	₹-0 Cr	52.7%	₹-0 Cr	-190.8%	3.8%	-7.4%	418

Date	Category	Subject	Filing
29 Sept 2026, 1:31 pm	Company Update General	Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015	PDF
29 Sept 2026, 1:29 pm	Company Update General	M.K. Exim (India) Ltd - 538890 - Disclosure Under Regulation 29(1) Of SEBI (SAST) Regulations, 2011	PDF
22 Sept 2026, 1:23 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
19 Sept 2026, 7:42 pm	Company Update General	Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015	PDF
19 Sept 2026, 7:38 pm	Company Update General	Disclosure Under Regulation 29(1) Of SEBI (SAST) Regulations, 2011	PDF
17 Sept 2026, 6:38 pm	Company Update General	Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015	PDF
17 Sept 2026, 6:36 pm	Company Update General	Disclosure Under Regulation 29(1) Of SEBI (SAST) Regulations, 2011	PDF
12 Sept 2026, 4:55 pm	Company Update General	Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015	PDF

M.K. Exim (India) Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

3

1

2

Announcements

Not in the F&O segment

No fund holdings on record

3

1

2

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

M.K. Exim (India) Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends3

Board meetings1

Bonus issues2

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Dividends3

Board meetings1

Bonus issues2

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

3

1

2

3

1

2