MKVentures Capital lifts annual profit to ₹10.61 cr
The firm declared a dividend of ₹0.25 per share and finalized the leadership transition from Madhusudan Kela to Ajay Shah.
— 2 earlier stories on MKVentures Capital Ltd. →What's new
- Consolidated net profit rose to ₹10.61 cr from ₹9.49 cr in FY25.
- The board declared an interim dividend of ₹0.25 per share.
- Ajay Shah is now MD and CEO; Madhusudan Kela moves to Non-Executive Chairman.
Why this matters
The profit growth is incremental, but the leadership change is the real story here. Moving a founder like Madhusudan Kela to the chairman role while bringing in a former EY partner as CEO signals a shift toward a more institutional management structure.
What we're watching
- The record date for the dividend payment is June 5, 2026.
- How the new CEO's background influences the firm's capital allocation strategy.
- Future disclosures regarding the long-term division of labor between Kela and Shah.
The full read
MKVentures Capital closed FY26 with a consolidated net profit of ₹10.61 crore, a modest increase over the ₹9.49 crore recorded in FY25.
Leadership is changing.
Ajay Shah, a former EY partner, takes over as Managing Director and CEO, while founder Madhusudan Kela moves to the role of Non-Executive Chairman. This transition marks a clear shift in the company's governance, moving from founder-led management to a more institutionalized executive structure. With the leadership change now ratified and an interim dividend of ₹0.25 per share confirmed for June 5, 2026, the focus shifts to whether the new CEO will alter the firm's existing investment strategy or maintain the current course.
Questions answered
- What was the profit growth for the fiscal year?
- MKVentures reported a consolidated net profit of ₹10.61 crore for FY26, up from ₹9.49 crore in the previous year.
- What dividend did the board declare?
- The board declared an interim dividend of ₹0.25 per equity share.
- When is the record date for the dividend?
- The company fixed June 5, 2026, as the record date for the dividend payment.
- Who is the new CEO?
- Ajay Shah, a former EY partner, has been appointed as the new Managing Director and CEO.
- What is Madhusudan Kela's new role?
- Madhusudan Kela has transitioned from his role as Managing Director to become the Non-Executive Chairman.
Story so far
All notes on MKVENTURES →- 28 May 2026 · 12:47 PM IST MKVentures Capital lifts annual profit to ₹10.61 cr
- today MKVentures Capital names Ajay Shah as CEO as Madhusudan Kela steps back
- today MKVentures Capital posts ₹10.61 cr profit as Ajay Shah takes the helm