MKVentures Capital posts ₹10.61 cr profit as Ajay Shah takes the helm
The company confirmed its FY26 annual results and formalized the CEO transition from founder Madhusudan Kela to Ajay Shah.
— 3 earlier stories on MKVentures Capital Ltd. →What's new
- MKVentures reported a consolidated net profit of ₹10.61 cr for FY26.
- The board declared an interim dividend of ₹0.25 per share.
- Ajay Shah is now officially the Managing Director and CEO.
Why this matters
The leadership handover from founder Madhusudan Kela to Ajay Shah is the primary development for this nano-cap firm. While the transition was expected, the formalization of the new CEO marks the start of a new chapter for the company's operations.
What we're watching
- Whether the new leadership can reverse the year-over-year decline in operating revenue.
- Future dividend policy under the new management team.
- Any shifts in investment strategy following the CEO transition.
The full read
MKVentures Capital closed FY26 with a consolidated net profit of ₹10.61 crore.
Revenue declined.
Despite this contraction, the company maintained profitability and declared an interim dividend of ₹0.25 per share, while the board simultaneously formalized the leadership transition that sees Ajay Shah step into the role of Managing Director and CEO to replace founder Madhusudan Kela. This transition represents a significant strategic shift for the nano-cap firm as it moves away from its founder-led origins toward a new executive structure. Investors now look to the new management team to address the revenue contraction seen in the latest fiscal year and prove that the business can scale beyond its current footprint.
Questions answered
- What was the company's bottom-line performance for FY26?
- MKVentures recorded a consolidated net profit of ₹10.61 crore for the year ended March 31, 2026.
- How much will shareholders receive in dividends?
- The board declared an interim dividend of ₹0.25 per share.
- Who is the new CEO of MKVentures Capital?
- Ajay Shah has been appointed as the Managing Director and CEO, succeeding founder Madhusudan Kela.
- Did the company's revenue grow during the year?
- No, the company reported a year-over-year decline in revenue from operations.
Story so far
All notes on MKVENTURES →- 28 May 2026 · 1:17 PM IST MKVentures Capital posts ₹10.61 cr profit as Ajay Shah takes the helm
- today MKVentures reports ₹10.61 cr profit as Ajay Shah takes the helm
- today MKVentures Capital names Ajay Shah as CEO as Madhusudan Kela steps back
- today MKVentures Capital lifts annual profit to ₹10.61 cr