Market Creators Ltd

BSE: 526891
Market Creators Ltd - financial services in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L74140GJ1991PLC016555 Incorporated 01 November 1991 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - BSE: 526891 Public Limited Company financial services
Data last updated
Market Cap
₹16.19 Cr
MKTCREAT · BSE
Share Price
₹15.35
-0.45% today
Revenue
₹5.28 Cr
FY 2025-26 · -38.0% YoY
EBITDA
−₹0.45 Cr
Margin -8.5%
Net Profit
−₹0.16 Cr
FY 2025-26 · -180.0% YoY
P/E (TTM)
5.2x
P/B 0.7x
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10.5 Cr
Issued & subscribed

About Market Creators Ltd

Data last updated:

Market Creators Ltd is a public limited company based in Vadodara, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 November 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74140GJ1991PLC016555. Its GSTIN is 24AABCM3439R1Z3 (Gujarat). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526891.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.5 Cr. It is led by directors including Kalpesh Jayantilal Shah (Whole-Time Director) and Neela Jayantilal Shah.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Creative Castle70 Sampatrao Colony Off Productivity Road, Vadodara, Gujarat, India – 390005.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹5.28 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹16 Lakh (net margin -3%) and EBITDA of -₹45 Lakh (EBITDA margin -8.5%). The net worth stands at ₹10.54 Cr (down 2% YoY). Total assets are valued at ₹16.49 Cr (down 2% YoY).

The company has about 32 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Market Creators and Share Mart. As per MCA filings, the company has satisfied charges of ₹16 Cr on record. Court records list 55 cases involving the company, including 24 filed by the company and 31 filed against it; 5 cases are pending. The company has 14 deals on record (14 market trades); the latest was in September 2025.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharemart.co.in.

Company details

CIN L74140GJ1991PLC016555
Registration Number 016555
Incorporation Date 01 November 1991
ROC Ahmedabad
Listing Status Listed - Listed on BSE (526891)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Market Creators has one previous CIN (Corporate Identification Number): U74140GJ1991PLC016555. The current CIN is L74140GJ1991PLC016555, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74140GJ1991PLC016555Current
U74140GJ1991PLC016555Previous
Key People
Kalpesh Jayantilal Shah Whole-Time Director Neela Jayantilal Shah Director Nirav Naresh Patel Director

Contact details

Market Creators Ltd's registered office is in Vadodara, Gujarat. Its website is sharemart.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sharemart.co.in
  • Registered Address
    Creative Castle70 Sampatrao Colony Off Productivity Road, Vadodara, Gujarat, India – 390005
  • Industry
    Financial Services, Brokerage & Trading Services

To see the full contact details of Market Creators Ltd, buy the company report.

Comprehensive company report
Market Creators Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Market Creators operates two associated brands: Market Creators and Share Mart. Each brand links to its own profile.

BrandDescriptionWebsite
Share Mart
Online trading platform for Indian Exchangessharemart.co.in
Market Creators
Web hosting and smart technology services from Ultra InfoTech.marketcreators.net

Business activity

The main business activity of Market Creators is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Market Creators Ltd, buy the company report.

Financials of Market Creators Ltd

FY 2025-26 filings available

Market Creators Ltd reported revenue of ₹5.28 Cr (down 38% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹5.28 Cr
-38.0% YoY
EBITDA
−₹0.45 Cr
-132.8% YoY
Profit After Tax
−₹0.16 Cr
-180.0% YoY
Net Worth
₹10.54 Cr
-2.0% YoY
Total Assets
₹16.49 Cr
-2.0% YoY
Total Debt
₹5.95 Cr
-2.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue5.288.527.946.588.326.355.31
Revenue growth-38.0%+7.3%+20.7%-20.9%+31.0%+19.6%-
EBITDA(0.45)1.371.060.921.40(0.18)0.24
EBITDA margin-8.5%+16.1%+13.4%+14.0%+16.8%-2.8%+4.5%
Profit before tax(0.20)0.18(0.02)0.110.99(1.10)0.03
Net profit(0.16)0.200.010.130.49(0.16)0.02
Net profit margin-3.0%+2.4%+0.1%+2.0%+5.9%-2.5%+0.4%
EPS (₹)(0.20)0.17(0.03)0.090.94(1.05)0.01
Balance sheet
Total assets16.4916.8215.5815.1720.0612.0912.57
Net worth10.5410.7510.5810.6110.529.5310.63
Total debt5.956.075.014.569.552.561.94
Cash & bank2.8512.4412.1015.2118.2111.1310.22
Net working capital14.7015.0013.7613.3118.0610.1910.66
Cash flow
Cash from operations(9.84)0.14(3.34)(3.34)0.491.094.75
Cash from investing1.331.391.271.130.770.730.67
Cash from financing(1.08)(1.18)(1.05)(0.79)(0.90)(0.91)(0.18)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.701.460.121.211.427.091.762.29
Revenue growth (YoY)+19.7%-79.4%-93.2%-47.2%-25.3%---
Other income0.170.290.040.400.341.490.340.32
Total expenses1.701.450.131.471.537.151.682.09
EBITDA0.000.01(0.01)(0.26)(0.11)(0.06)0.080.20
EBITDA margin0.0%+0.7%-8.3%-21.5%-7.7%-0.8%+4.5%+8.7%
Depreciation0.020.020.000.020.010.060.020.01
Interest0.160.160.020.350.341.180.270.29
Profit before tax(0.01)0.120.01(0.23)(0.12)0.190.130.22
Tax0.000.000.000.000.000.010.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.701.460.121.211.427.091.762.29
Revenue growth (YoY)+19.7%-79.4%-93.2%-47.2%-25.3%---
Other income0.170.290.040.400.341.490.340.32
Total expenses1.701.450.131.471.537.151.682.09
EBITDA0.000.01(0.01)(0.26)(0.11)(0.06)0.080.20
EBITDA margin0.0%+0.7%-8.3%-21.5%-7.7%-0.8%+4.5%+8.7%
Depreciation0.020.020.000.020.010.060.020.01
Interest0.160.160.020.350.341.180.270.29
Profit before tax(0.01)0.120.01(0.23)(0.12)0.190.130.22
Tax0.000.000.000.000.000.010.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue5.288.527.946.588.326.355.31
Revenue growth-38.0%+7.3%+20.7%-20.9%+31.0%+19.6%-
Other income1.400.050.030.030.540.030.00
Total expenses5.737.156.885.666.926.535.07
Employee cost0.001.411.411.411.461.361.41
EBITDA(0.45)1.371.060.921.40(0.18)0.24
EBITDA margin-8.5%+16.1%+13.4%+14.0%+16.8%-2.8%+4.5%
Depreciation0.070.060.060.050.050.040.03
Interest1.081.181.050.790.900.910.18
Profit before tax(0.20)0.18(0.02)0.110.99(1.10)0.03
Tax0.010.010.010.010.010.010.01
Net profit(0.16)0.200.010.130.49(0.16)0.02
Net profit margin-3.0%+2.4%+0.1%+2.0%+5.9%-2.5%+0.4%
EPS (₹)(0.20)0.17(0.03)0.090.94(1.05)0.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.5010.5010.5010.5010.5010.5010.50
Reserves & surplus0.040.250.080.110.02(0.97)0.13
Shareholders' funds (net worth)10.5410.7510.5810.6110.529.5310.63
Secured loans5.956.075.014.569.552.561.94
Unsecured loans0.000.000.000.000.000.000.00
Total debt5.956.075.014.569.552.561.94
Total liabilities16.4916.8215.5815.1720.0612.0912.57
Assets
Gross block1.000.920.930.920.850.770.77
Net block0.930.920.870.860.800.720.74
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories17.159.989.8610.318.677.656.20
Sundry debtors1.461.101.131.221.591.790.96
Cash & bank balances2.8512.4412.1015.2118.2111.1310.22
Loans & advances25.3926.7012.884.140.210.221.87
Total current assets46.8550.2235.9730.8828.6820.7919.25
Total current liabilities32.1535.2222.2117.5710.6210.608.59
Net working capital14.7015.0013.7613.3118.0610.1910.66
Total assets16.4916.8215.5815.1720.0612.0912.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.4412.1015.2118.2117.8510.224.99
Net cash from operating activities(9.84)0.14(3.34)(3.34)0.491.094.75
Net cash from investing activities1.331.391.271.130.770.730.67
Net cash from financing activities(1.08)(1.18)(1.05)(0.79)(0.90)(0.91)(0.18)
Net change in cash(9.59)0.34(3.12)(3.00)0.360.915.23
Closing cash2.8512.4412.1015.2118.2111.1310.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-38.0%+7.3%+20.7%-20.9%+31.0%+19.6%-
EBITDA growth-132.9%+29.3%+15.2%-34.3%+877.8%-175.0%-
PBT growth-+9998.0%--88.9%+9998.0%-+200.0%
Net income growth-180.0%+1900.0%-92.3%-73.5%+406.3%-900.0%-
Revenue CAGR (3Y)-7.1%+0.8%+7.7%+7.4%+16.1%-4.7%-7.7%
EBITDA CAGR (3Y)--0.7%-+56.5%+50.6%--47.2%
Profitability & leverage
Net income margin-4.0%+2.0%-0.4%+1.5%+11.8%-17.5%+0.4%
Return on capital employed-+8.7%+6.9%+5.3%+8.6%0.0%+1.7%
Return on net worth-+2.0%+0.1%+1.1%+4.9%0.0%+0.1%
Debt / equity-0.520.450.670.600.220.09
Long-term debt / equity-0.520.450.350.270.220.09
Interest cover-207.6990.08105.0090.8066.67-413.6485.71
Efficiency & per share
Fixed asset turnover-8.978.627.4710.948.297.13
Inventory turnover-0.860.790.701.090.920.86
Debtors turnover-7.696.784.705.244.643.30
EPS (₹)(0.20)0.17(0.03)0.090.94(1.05)0.01
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0010.2410.0710.1010.019.0810.13

To see the full year-wise statements and ratios of Market Creators Ltd, buy the company report.

Board of directors of Market Creators Ltd

Market Creators has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Neela Jayantilal Shah
Also directs: Tornado Investments and Finance Pvt Ltd, Sarth Investment and Finance Private Limited, Allure Investment and Finance Pvt Ltd and 5 more
Director01 Oct 201412 Years 0 MonthsCurrent
Nirav Naresh PatelDirector08 Nov 20214 Years 11 MonthsCurrent
Kalpesh Jayantilal Shah
Also directs: Bishop Venture LLP, Bishop Event Services LLP, Tornado Investments and Finance Pvt Ltd and 1 more
Whole-Time Director01 Oct 200521 Years 0 MonthsCurrent
Vaishali Kalpesh Shah
Also directs: Tornado Investments and Finance Pvt Ltd, Sarth Investment and Finance Private Limited
Additional Director11 Dec 20250 Years 10 MonthsCurrent
Kirit Dhirajlal Vadalia
Also directs: Arika Solar Park Private Limited, Mecpower Steel India Solar Park Private Limited, Arika Sunpower Private Limited
Director13 Dec 20241 Years 10 MonthsCurrent
Nishant Bipin Ramani
Also directs: Base Nutrition Private Limited, GSB Greentech Private Limited, Base Catalyst Private Limited and 2 more
Director03 Sep 20242 Years 1 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Market Creators Ltd is audited by Shah & Talati for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Shah & TalatiFY 2023120183W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 70.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.90%.

Promoters: 70.10%Retail & Others: 29.90%
Mar 2026
QUARTER
70.10% Promoters
29.90% Retail & Others
Promoter holding - history
Now 70.10% · Mar 2026High 71.30% · Jun 2025Low 70.10% · Mar 2026
69%70%71%72%73%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 71.30%Sep 2025: 71.30%Dec 2025: 71.30%Mar 2026: 70.10%71.30%70.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters70.10%71.30%71.30%71.30%
Public29.90%28.70%28.70%28.70%

Charges & borrowings

Open charges
None
Satisfied charges
₹16 Cr
Breakdown by lending institutions
State Bank of Travancore₹15.00 Cr
Pragati Sahakari Bank₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 200490104306State Bank of Travancore₹15 CrSatisfied
20 May 200090105777Pragati Sahakari Bank₹1 CrSatisfied

To see the full charge records of Market Creators Ltd, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Market Creators Ltd has 14 deals on record (14 market trades); the latest was in September 2025.

Total deals
14
Market trades
14

Deals on record (5 of 14)

WhenDealAmountParties
Sep 2025Market trade₹3.7 LakhSeller: an individual
Feb 2025Market trade₹6.4 LakhBuyer: an individual
Seller: an individual
Jul 2010Market trade₹6.8 LakhBuyer: Goldmine Shares and Finance Private Limited
Seller: Goldmine Multitrade Private Limited
Nov 2006Market trade₹38.9 LakhBuyer: Akg Stock Broker Pvt Ltd, DJS Stock and Shares Limited
Seller: Akg Stock Broker Pvt Ltd, DJS Stock and Shares Limited , Gwalior Concost Pvt Ltd
Nov 2006Market trade₹1.15 CrBuyer: BDS Share Brokers Private Limited , 2 individuals
Seller: BDS Share Brokers Private Limited , 2 individuals

To see the full deal history of Market Creators Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Market Creators Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Market Creators Ltd has a workforce of 32 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
32
Active EPFO establishments
1
Employee growth
-3.03%

GST

Market Creators has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AABCM3439R1Z3GujaratActive01 Jul 2017
33AABCM3439R4Z1Tamil NaduActive04 Oct 2017

To see the full GST registrations and return filing status of Market Creators Ltd, buy the company report.

Recent activity

Market Creators Ltd has 28 board changes on record since 1991: 18 appointments and 10 cessations. The latest: Vaishali Kalpesh Shah was appointed as Additional Director on 11 Dec 2025.

Filing
Market Creators Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Vaishali Kalpesh Shah was appointed as Additional Director.
Ceased
Jayantilal Harkisondas Shah ceased to be Director.
AGM
Market Creators Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Kirit Dhirajlal Vadalia was appointed as Director.
Ceased
Amal Rameshchandra Patel ceased to be Director.
Ceased
Hemant Prabhakar Shah ceased to be Director.
Appointed
Kinnari Amal Patel was appointed as Director.
Appointed
Nishant Bipin Ramani was appointed as Director.
Ceased
Prakash Gulabchand Juthani ceased to be Director.
Ceased
Chirag Jitendra Patel ceased to be Director.
Appointed
Nirav Naresh Patel was appointed as Director.

24 earlier events are in the company report.

News

Frequently asked questions

Market Creators is an active public limited company based in Vadodara, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 November 1991 (35+ years old) and is registered under CIN L74140GJ1991PLC016555. Listed on BSE: 526891.

Market Creators reported revenue of ₹5.28 Cr for FY 2025-26 (down 38% YoY) based on standalone financials.

Market Creators has 7 current directors:

The latest financial statements of Market Creators on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Market Creators is 24AABCM3439R1Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCM3439R4Z1 (Tamil Nadu).

The CIN (Corporate Identification Number) of Market Creators is L74140GJ1991PLC016555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Market Creators is a listed company as per MCA records. Its shares are listed on BSE (code: 526891).

Market Creators has 55 court cases on record: 24 filed by the company and 31 filed against it. 5 are pending. Most are in the high courts.

Market Creators was incorporated on 01 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Market Creators has 14 deals on record (14 market trades); the latest was in September 2025.