About MB Parikh Finstocks
MB Parikh Finstocks is a publicly listed company based in Mumbai (India) founded in 1994 by Digant Parikh. It offers B2B iGaming solutions and manages illegal online gambling platforms. It operates on a B2B model. Its Indian entity Kalind Limited reported revenue of ₹82.83 Cr. MB Parikh Finstocks offers products and services including Gambling Software and Boomerang Platform. Its focus areas include Tech and Innovation, iGaming, Online Gambling and Casinos. Its competitors include Muthoot Fincorp, Motilal Oswal Private Wealth and Muthoot Group.
Company details
Soft2Bet, established in 2016, functions as a B2B software developer in the iGaming sector, creating platforms for online gambling. It operates over 140 illegal sites in Europe using offshore entities like those in Curacao and Cyprus to evade regulations. The company serves users through brands like Boomerang, leading to player financial losses due to lack of accountability and regulatory compliance. Activities include software development and site management, primarily targeting gambling operators and consumers indirectly.
- Headquarters Mumbai, India
- Founders Digant Parikh
- Stage Public
- SectorsConsumer
- Website mbpfin.com
- Social LinkedIn Facebook Instagram Threads
- Legal Name M B Parikh Finstocks Limited
- Date of Incorporation 08 Apr, 1994
- Jurisdiction Nizar, Gujarat, India
- Market Cap₹372 Cr
KALIND · BSE
- Share Price₹4.00
-1.72% today
- Revenue₹79.85 Cr
FY 2025-26
- EBITDA₹38.75 Cr
Margin 48.5%
- Net Profit₹27.23 Cr
FY 2025-26
- P/E (TTM)6.7x
P/B 1.5x
- ROE25.0%
ROCE 32.0%
- Debt / Equity0.05
Interest cover 0.5x
Associated legal entities of MB Parikh Finstocks
MB Parikh Finstocks operates through Kalind Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kalind Limited Listed CIN L77309GJ1994PLC021759 | Active | 08 Apr 1994 | Surat, Gujarat | ₹82.8 Cr | 8 | View details |
Products & Services of MB Parikh Finstocks
MB Parikh Finstocks offers a comprehensive portfolio of products and services, including Gambling Software and Boomerang Platform.
Provides tools for operating online gambling sites
Facilitates illegal sports betting operations
Board of directors of Kalind Limited (MB Parikh Finstocks)
Kalind Limited is the primary company behind MB Parikh Finstocks. The board of Kalind Limited currently have 6 directors; the longest-serving is Dharmendrabha Becharbhai Jasani, appointed in 2025. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dharmendrabha Becharbhai Jasani DIN 10495406 | Whole-time director | 30 Apr 2025 | 1 yr 6 mo | Kalind Limited |
| Ayush Dharmendrabhai Jasani DIN 09842741 | Managing Director | 30 Apr 2025 | 1 yr 6 mo | Kalind Limited |
| Anand Bhagwan Soman DIN 03522837 | Director | 30 Apr 2025 | 1 yr 6 mo | Kalind Limited |
| Ketanaben Dharmendrabhai Jasani DIN 09842742 | Additional Director | 05 Dec 2025 | 11 mo | Kalind Limited |
| Vishal Shankar Patil DIN 08054088 | Additional Director | 27 Dec 2025 | 10 mo | Kalind Limited |
| Payal Bafna DIN 09075302 | Director | 06 Apr 2026 | 7 mo | Kalind Limited |
People of MB Parikh Finstocks
1 people are tracked at MB Parikh Finstocks (1 in leadership).
| Name | Role | Group |
|---|---|---|
Digant Parikh | Founder | Leadership |
Complete people profiles for MB Parikh Finstocks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of MB Parikh Finstocks
MB Parikh Finstocks is a publicly listed company on the BSE with ticker symbol KALIND in India, operating in the Diversified sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onBSE: KALIND
- Listed entityKalind Limited
- Exchange sectorDiversified
Financials of MB Parikh Finstocks
Exchange-reported figures of Kalind Limited, the listed company behind MB Parikh Finstocks (BSE: KALIND).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 79.85 | 0.00 | 1.22 | 3.44 | 1.54 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | - |
| EBITDA | 38.75 | (0.79) | 0.61 | 0.56 | 0.02 |
| EBITDA margin | +48.5% | - | +50.0% | +16.3% | +1.3% |
| Profit before tax | 36.36 | (0.47) | 0.60 | 0.38 | 0.24 |
| Net profit | 27.23 | (0.11) | 0.40 | 1.01 | 0.18 |
| Net profit margin | +34.1% | - | +32.8% | +29.4% | +11.7% |
| EPS (₹) | 2.85 | (0.51) | 1.31 | 0.57 | 0.57 |
| Balance sheet | |||||
| Total assets | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Net worth | 212 | 6.32 | 6.47 | 6.08 | 5.91 |
| Total debt | 9.84 | 0.80 | 0.87 | 3.46 | 1.69 |
| Cash & bank | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Net working capital | 137 | 6.23 | 1.86 | 2.50 | 0.75 |
| Cash flow | |||||
| Cash from operations | (86.51) | (0.77) | 4.55 | 1.87 | (5.28) |
| Cash from investing | (93.02) | 0.90 | (1.65) | (4.44) | 3.45 |
| Cash from financing | 187 | (0.15) | (2.91) | 1.77 | 1.39 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.20 | 35.06 | 33.11 | 15.09 | 17.97 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +390.8% | +157.8% | - | - | - | - | - | - |
| Other income | 0.42 | 0.30 | 1.21 | 0.62 | 0.24 | 0.56 | 0.19 | 0.11 |
| EBITDA | 34.68 | 22.00 | 18.02 | 4.30 | 11.45 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.3% | +62.7% | +54.4% | +28.5% | +63.7% | +42.1% | - | - |
| Depreciation | 4.86 | 3.67 | 1.76 | 1.26 | 0.48 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | (2.47) | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.21 | 18.61 | 19.94 | 3.66 | 11.20 | 6.26 | 0.02 | (0.26) |
| Tax | 7.00 | 3.95 | 4.95 | 1.20 | 1.96 | 0.93 | (0.20) | (0.08) |
| Net profit | 23.21 | 14.66 | 14.99 | 2.46 | 9.24 | 5.33 | 0.22 | (0.18) |
| EPS (₹) | 1.26 | 1.20 | 1.57 | 0.48 | 3.08 | 17.75 | 0.72 | (0.65) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 75.36 | 0.00 | 1.22 | 3.44 | 1.54 | 1.12 | 0.27 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| EBITDA | 37.42 | (0.78) | 0.62 | 0.57 | 0.04 | 0.79 | (0.25) |
| EBITDA margin | +49.7% | - | +50.8% | +16.6% | +2.6% | +70.5% | -92.6% |
| Profit before tax | 36.46 | (0.50) | 0.57 | 0.39 | 0.26 | 0.69 | 0.08 |
| Net profit | 27.31 | (0.14) | 0.43 | 1.03 | 0.20 | 0.65 | (0.23) |
| Net profit margin | +36.2% | - | +35.3% | +29.9% | +13.0% | +58.0% | -85.2% |
| EPS (₹) | 2.85 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Balance sheet | |||||||
| Total assets | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Net worth | 213 | 6.36 | 6.53 | 6.10 | 5.92 | 5.74 | 5.08 |
| Total debt | 9.78 | 0.80 | 0.87 | 3.46 | 1.69 | 0.00 | 0.00 |
| Cash & bank | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Net working capital | 129 | 6.23 | 1.85 | 2.47 | 0.61 | 1.15 | 0.65 |
| Cash flow | |||||||
| Cash from operations | (87.29) | (0.78) | 4.47 | 1.88 | (5.26) | 0.71 | (0.33) |
| Cash from investing | (94.24) | 0.92 | (1.55) | (4.34) | 3.29 | 0.57 | 0.29 |
| Cash from financing | 188 | (0.15) | (2.91) | 1.65 | 1.51 | 0.00 | 0.00 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.98 | 34.91 | 30.31 | 14.91 | 16.54 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +431.9% | +156.7% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.52 | 0.14 | 0.29 | 0.48 | 0.16 | 0.11 |
| Total expenses | 53.20 | 12.70 | 13.26 | 10.29 | 6.51 | 7.88 | 0.15 | 0.33 |
| EBITDA | 34.78 | 22.21 | 17.05 | 4.62 | 10.03 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.5% | +63.6% | +56.3% | +31.0% | +60.6% | +42.1% | - | - |
| Depreciation | 4.36 | 3.17 | 1.37 | 0.55 | 0.43 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.39 | 19.02 | 16.19 | 4.21 | 9.88 | 6.18 | (0.01) | (0.26) |
| Tax | 7.17 | 3.98 | 5.41 | 1.19 | 1.63 | 0.93 | (0.20) | (0.08) |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 88.20 | 35.06 | 33.11 | 15.09 | 17.97 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +390.8% | +157.8% | - | - | - | - | - | - |
| Other income | 0.42 | 0.30 | 1.21 | 0.62 | 0.24 | 0.56 | 0.19 | 0.11 |
| EBITDA | 34.68 | 22.00 | 18.02 | 4.30 | 11.45 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.3% | +62.7% | +54.4% | +28.5% | +63.7% | +42.1% | - | - |
| Depreciation | 4.86 | 3.67 | 1.76 | 1.26 | 0.48 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | (2.47) | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.21 | 18.61 | 19.94 | 3.66 | 11.20 | 6.26 | 0.02 | (0.26) |
| Tax | 7.00 | 3.95 | 4.95 | 1.20 | 1.96 | 0.93 | (0.20) | (0.08) |
| Net profit | 23.21 | 14.66 | 14.99 | 2.46 | 9.24 | 5.33 | 0.22 | (0.18) |
| EPS (₹) | 1.26 | 1.20 | 1.57 | 0.48 | 3.08 | 17.75 | 0.72 | (0.65) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 79.85 | 0.00 | 1.22 | 3.44 | 1.54 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | - |
| Other income | 2.98 | 0.52 | 0.49 | 0.26 | 0.27 |
| Total expenses | 41.10 | 0.79 | 0.61 | 2.88 | 1.52 |
| Employee cost | 0.00 | 0.12 | 0.11 | 0.28 | 0.16 |
| EBITDA | 38.75 | (0.79) | 0.61 | 0.56 | 0.02 |
| EBITDA margin | +48.5% | - | +50.0% | +16.3% | +1.3% |
| Depreciation | 5.20 | 0.13 | 0.18 | 0.14 | 0.04 |
| Interest | 0.17 | 0.07 | 0.32 | 0.30 | 0.01 |
| Profit before tax | 36.36 | (0.47) | 0.60 | 0.38 | 0.24 |
| Tax | 9.13 | (0.33) | 0.14 | 0.21 | 0.06 |
| Net profit | 27.23 | (0.11) | 0.40 | 1.01 | 0.18 |
| Net profit margin | +34.1% | - | +32.8% | +29.4% | +11.7% |
| EPS (₹) | 2.85 | (0.51) | 1.31 | 0.57 | 0.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 122 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | 89.81 | 3.32 | 3.47 | 3.08 | 2.91 |
| Shareholders' funds (net worth) | 212 | 6.32 | 6.47 | 6.08 | 5.91 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 2.44 | 0.34 |
| Unsecured loans | 9.84 | 0.80 | 0.87 | 1.02 | 1.35 |
| Total debt | 9.84 | 0.80 | 0.87 | 3.46 | 1.69 |
| Total liabilities | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Assets | |||||
| Gross block | 62.41 | 1.74 | 2.18 | 2.24 | 1.53 |
| Net block | 55.49 | 0.01 | 1.86 | 1.99 | 1.39 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.06 | 3.88 | 5.14 | 5.45 |
| Inventories | 6.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 48.79 | 0.00 | 0.00 | 2.58 | 0.00 |
| Cash & bank balances | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Loans & advances | 92.04 | 6.25 | 2.12 | 0.14 | 2.12 |
| Total current assets | 155 | 6.28 | 2.17 | 2.77 | 3.27 |
| Total current liabilities | 17.16 | 0.05 | 0.31 | 0.27 | 2.52 |
| Net working capital | 137 | 6.23 | 1.86 | 2.50 | 0.75 |
| Total assets | 222 | 7.12 | 7.35 | 9.54 | 7.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.05 | 0.05 | 0.85 | 1.30 |
| Net cash from operating activities | (86.51) | (0.77) | 4.55 | 1.87 | (5.28) |
| Net cash from investing activities | (93.02) | 0.90 | (1.65) | (4.44) | 3.45 |
| Net cash from financing activities | 187 | (0.15) | (2.91) | 1.77 | 1.39 |
| Net change in cash | 7.49 | (0.02) | (0.01) | (0.80) | (0.45) |
| Closing cash | 7.52 | 0.03 | 0.05 | 0.05 | 1.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | - | -100.0% | -64.5% | +123.4% | - |
| EBITDA growth | +5005.1% | -229.5% | +8.9% | +2700.0% | - |
| PBT growth | +9998.0% | - | +57.9% | +58.3% | +9997.0% |
| Net income growth | - | -127.5% | -60.4% | +461.1% | - |
| Revenue CAGR (3Y) | +185.3% | -100.0% | - | - | - |
| EBITDA CAGR (3Y) | +310.6% | - | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +34.1% | - | +37.7% | +4.9% | +11.7% |
| Return on capital employed | +32.0% | -5.7% | +10.9% | +31.1% | +3.2% |
| Return on net worth | +25.0% | -2.4% | +7.3% | +17.2% | +2.9% |
| Debt / equity | 0.05 | 0.13 | 0.35 | 0.43 | 0.29 |
| Long-term debt / equity | 0.05 | 0.06 | 0.14 | 0.11 | 0.05 |
| Interest cover | 0.54 | -7.53 | 74.42 | 71.43 | -50.00 |
| Efficiency & per share | |||||
| Fixed asset turnover | 2.49 | 0.00 | 0.55 | 1.82 | 1.01 |
| Inventory turnover | 25.55 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.27 | 0.00 | 0.95 | 2.67 | 0.00 |
| EPS (₹) | 2.23 | (0.51) | 1.31 | 0.57 | 0.57 |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.37 | 21.07 | 21.58 | 20.27 | 19.69 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87.98 | 34.91 | 30.31 | 14.91 | 16.54 | 13.60 | 0.00 | 0.00 |
| Revenue growth (YoY) | +431.9% | +156.7% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.52 | 0.14 | 0.29 | 0.48 | 0.16 | 0.11 |
| Total expenses | 53.20 | 12.70 | 13.26 | 10.29 | 6.51 | 7.88 | 0.15 | 0.33 |
| EBITDA | 34.78 | 22.21 | 17.05 | 4.62 | 10.03 | 5.72 | (0.15) | (0.33) |
| EBITDA margin | +39.5% | +63.6% | +56.3% | +31.0% | +60.6% | +42.1% | - | - |
| Depreciation | 4.36 | 3.17 | 1.37 | 0.55 | 0.43 | 0.00 | 0.01 | 0.03 |
| Interest | 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 30.39 | 19.02 | 16.19 | 4.21 | 9.88 | 6.18 | (0.01) | (0.26) |
| Tax | 7.17 | 3.98 | 5.41 | 1.19 | 1.63 | 0.93 | (0.20) | (0.08) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 75.36 | 0.00 | 1.22 | 3.44 | 1.54 | 1.12 | 0.27 |
| Revenue growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| Other income | 1.43 | 0.48 | 0.45 | 0.25 | 0.27 | 0.00 | 0.38 |
| Total expenses | 37.94 | 0.78 | 0.60 | 2.87 | 1.50 | 0.33 | 0.52 |
| Employee cost | 0.00 | 0.12 | 0.11 | 0.28 | 0.16 | 0.10 | 0.09 |
| EBITDA | 37.42 | (0.78) | 0.62 | 0.57 | 0.04 | 0.79 | (0.25) |
| EBITDA margin | +49.7% | - | +50.8% | +16.6% | +2.6% | +70.5% | -92.6% |
| Depreciation | 2.35 | 0.13 | 0.18 | 0.14 | 0.04 | 0.02 | 0.05 |
| Interest | 0.04 | 0.07 | 0.32 | 0.29 | 0.01 | 0.08 | 0.00 |
| Profit before tax | 36.46 | (0.50) | 0.57 | 0.39 | 0.26 | 0.69 | 0.08 |
| Tax | 9.15 | (0.33) | 0.14 | 0.21 | 0.06 | 0.04 | 0.09 |
| Net profit | 27.31 | (0.14) | 0.43 | 1.03 | 0.20 | 0.65 | (0.23) |
| Net profit margin | +36.2% | - | +35.3% | +29.9% | +13.0% | +58.0% | -85.2% |
| EPS (₹) | 2.85 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 122 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves & surplus | 91.07 | 3.36 | 3.53 | 3.10 | 2.92 | 2.74 | 2.08 |
| Shareholders' funds (net worth) | 213 | 6.36 | 6.53 | 6.10 | 5.92 | 5.74 | 5.08 |
| Secured loans | 0.00 | 0.00 | 0.00 | 2.44 | 0.34 | 0.00 | 0.00 |
| Unsecured loans | 9.78 | 0.80 | 0.87 | 1.02 | 1.35 | 0.00 | 0.00 |
| Total debt | 9.78 | 0.80 | 0.87 | 3.46 | 1.69 | 0.00 | 0.00 |
| Total liabilities | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Assets | |||||||
| Gross block | 46.52 | 0.02 | 2.18 | 2.24 | 1.53 | 1.10 | 0.95 |
| Net block | 44.17 | 0.00 | 1.86 | 1.99 | 1.39 | 1.00 | 0.88 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 49.18 | 0.12 | 3.95 | 5.19 | 5.60 | 3.76 | 1.62 |
| Inventories | 6.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 40.68 | 0.00 | 0.00 | 2.58 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Loans & advances | 91.44 | 6.25 | 2.11 | 0.14 | 2.12 | 0.01 | 0.66 |
| Total current assets | 145 | 6.28 | 2.15 | 2.74 | 3.13 | 1.31 | 0.68 |
| Total current liabilities | 15.73 | 0.05 | 0.30 | 0.27 | 2.52 | 0.16 | 0.03 |
| Net working capital | 129 | 6.23 | 1.85 | 2.47 | 0.61 | 1.15 | 0.65 |
| Total assets | 223 | 7.15 | 7.40 | 9.55 | 7.61 | 5.74 | 5.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.04 | 0.02 | 0.83 | 1.30 | 0.02 | 0.06 |
| Net cash from operating activities | (87.29) | (0.78) | 4.47 | 1.88 | (5.26) | 0.71 | (0.33) |
| Net cash from investing activities | (94.24) | 0.92 | (1.55) | (4.34) | 3.29 | 0.57 | 0.29 |
| Net cash from financing activities | 188 | (0.15) | (2.91) | 1.65 | 1.51 | 0.00 | 0.00 |
| Net change in cash | 6.73 | (0.01) | 0.02 | (0.81) | (0.46) | 1.28 | (0.04) |
| Closing cash | 6.76 | 0.03 | 0.04 | 0.02 | 1.01 | 1.30 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | -100.0% | -64.5% | +123.4% | +37.5% | +314.8% | - |
| EBITDA growth | +4897.4% | -225.8% | +8.8% | +1325.0% | -94.9% | +416.0% | - |
| PBT growth | +9998.0% | - | +46.2% | +50.0% | -62.3% | +762.5% | +9997.0% |
| Net income growth | - | -132.6% | -58.3% | +415.0% | -69.2% | +382.6% | - |
| Revenue CAGR (3Y) | +179.8% | -100.0% | +2.9% | +133.6% | +60.9% | +2.5% | -20.1% |
| EBITDA CAGR (3Y) | +303.4% | - | -7.8% | - | +26.0% | +35.2% | +24.4% |
| Profitability & leverage | |||||||
| Net income margin | +36.2% | - | +35.3% | +5.2% | +13.0% | +58.0% | -3.7% |
| Return on capital employed | +31.7% | -5.9% | +10.5% | +30.9% | +3.8% | +14.4% | -4.9% |
| Return on net worth | +24.9% | -2.6% | +6.8% | +17.1% | +3.1% | +12.2% | -4.9% |
| Debt / equity | 0.05 | 0.13 | 0.34 | 0.43 | 0.14 | 0.00 | 0.00 |
| Long-term debt / equity | 0.04 | 0.06 | 0.14 | 0.11 | 0.02 | 0.00 | 0.00 |
| Interest cover | 0.11 | -7.61 | 72.73 | 67.44 | - | 10.39 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.24 | 0.00 | 0.55 | 1.82 | 1.17 | 1.09 | 0.25 |
| Inventory turnover | 24.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.71 | 0.00 | 0.95 | 2.67 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 2.24 | (0.55) | 1.43 | 0.60 | 0.60 | 2.19 | (0.09) |
| Dividend per share (₹) | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.47 | 21.20 | 21.75 | 20.32 | 19.72 | 19.12 | 16.94 |
Competitors of MB Parikh Finstocks
MB Parikh Finstocks has 3 listed competitors in our database. They include Muthoot Fincorp, Motilal Oswal Private Wealth and Muthoot Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| muthootfincorp.com | 1887 | Thiruvananthapuram, India | 40,991 | Non-banking financial company specializes in providing a range of financial products & services | ||
| motilaloswalpwm.com | 2007 | Mumbai, India | 7,917 | Offers comprehensive wealth management services, including portfolio advisory and financial planning. | ||
| muthootgroup.com | 1887 | Ernakulam, India | 28,933 | Diversified operations are conducted across multiple industries by Muthoot Group. |
Detailed competitors of MB Parikh Finstocks
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Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as MB Parikh Finstocks (Gambling & Entertainment Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online skill-based games are developed across platforms and genres. | 2010 | Delhi, Delhi, India | USD 1.79 M | USD 47.13 M | 699 | |
An online platform for skill-based gaming competitions is provided. | 2019 | Gurugram, Haryana, India | USD 25.96 M | USD 76.94 M | 73 | |
Provider of online skill-based gaming platforms | 2005 | Hyderabad, Telangana, India | USD 81.87 M | USD 128.91 M | 529 |
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Frequently Asked Questions about MB Parikh Finstocks
MB Parikh Finstocks was founded in 1994.
MB Parikh Finstocks is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind MB Parikh Finstocks, Kalind Limited, reported revenue of ₹82.83 Cr for FY 2026, up 9997% year on year.
Soft2Bet, established in 2016, functions as a B2B software developer in the iGaming sector, creating platforms for online gambling. It operates over 140 illegal sites in Europe using offshore entities like those in Curacao and Cyprus to evade regulations. The company serves users through brands like Boomerang, leading to player financial losses due to lack of accountability and regulatory compliance. Activities include software development and site management, primarily targeting gambling operators and consumers indirectly.
MB Parikh Finstocks's top competitors include Muthoot Fincorp, Muthoot Group and Motilal Oswal Private Wealth.
MB Parikh Finstocks offers Gambling Software and Boomerang Platform.
Yes, MB Parikh Finstocks is publicly traded on BSE under the ticker symbol KALIND.
MB Parikh Finstocks operates through Kalind Limited.
The legal entities of MB Parikh Finstocks currently have 8 directors, including Dharmendrabha Becharbhai Jasani, Ketanaben Dharmendrabhai Jasani, Ayush Dharmendrabhai Jasani and others.