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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.
Mkt cap₹382 cr
P/E79.16×
ROE9.22%
Debt / eq.0.00
Div yld0.03%
₹10.61 cr Consolidated net profit for FY26.

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.
Mentioned: MKVentures Capital · Ajay Shah · Madhusudan Kela
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 28 May 2026 · 12:47 PM IST MKVentures Capital lifts annual profit to ₹10.61 cr
  2. today MKVentures Capital names Ajay Shah as CEO as Madhusudan Kela steps back
  3. today MKVentures Capital posts ₹10.61 cr profit as Ajay Shah takes the helm