AG Ventures posts ₹107 cr revenue, names Gaurav Jain as CEO
The nano-cap's first full-year results post-demerger come with a leadership change. Standalone profit was ₹3.2 crore on ₹25.7 crore revenue.
— 1 earlier story on AG Ventures Ltd. →What's new
- AG Ventures reported standalone FY26 revenue of ₹25.7 crore and net profit of ₹3.2 crore from continuing operations.
- Consolidated revenue, including subsidiary Duncan Engineering, was ₹107.2 crore with net profit of ₹6.1 crore.
- The board appointed Gaurav Jain, a chartered accountant with 25+ years in treasury and restructuring, as CEO.
Why this matters
The results give the first full-year financial picture of the post-demerger entity. For a ₹104 crore market-cap company, a new CEO with deep finance experience is a material signal about governance priorities. The gap between standalone and consolidated figures shows Duncan Engineering is the revenue driver.
What we're watching
- How the new CEO repositions the standalone entity, which generated most of the profit.
- Whether Duncan Engineering's contribution grows or if the standalone business is the focus.
- Any strategic announcements that follow from the new leadership.
The full read
AG Ventures has reported its first full-year results as a post-demerger entity. Standalone revenue was ₹25.7 crore, with net profit of ₹3.2 crore. Consolidated revenue, which includes subsidiary Duncan Engineering, reached ₹107.2 crore, making clear where the bulk of the business sits. The more significant move is the boardroom. Gaurav Jain, a chartered accountant with 25+ years in treasury and corporate restructuring, is the new CEO. For a ₹104 crore market-cap company, a leadership change of this calibre is a direct signal about the strategic direction. The open question is what Jain does with the relatively small but profitable standalone business versus the larger revenue base at Duncan. The audit was clean.
Questions answered
- What is the financial performance of AG Ventures on a standalone basis?
- For FY26, AG Ventures reported standalone revenue of ₹25.7 crore from continuing operations, with a net profit of ₹3.2 crore. These are the results for the core company, excluding its subsidiary.
- How does the consolidated picture differ from the standalone results?
- On a consolidated basis, including subsidiary Duncan Engineering, revenue jumps to ₹107.2 crore, while net profit attributable to owners is ₹6.1 crore. This shows Duncan Engineering contributes the vast majority of top-line revenue.
- Who is the new CEO and what is his background?
- The board has appointed Gaurav Jain, a chartered accountant with over 25 years of experience in treasury management, taxation, regulatory compliance, and corporate restructuring. The appointment signals a focus on financial discipline.
- Is the audit clean?
- Yes, the financial results for the fourth quarter and full year ended March 31, 2026, received an unmodified audit opinion.
AG Ventures Ltd.
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All notes on OCCL →- 22 May 2026 · 4:15 PM IST AG Ventures posts ₹107 cr revenue, names Gaurav Jain as CEO
- 45d ago AG Ventures posts ₹25.7 cr standalone profit in post-demerger year