Kandal M Venture Limited

EDGAR

Annual consolidated revenue for 2026: about USD 17.13M, using the latest reported figures. The previous period, 2025, was about USD 17.19M.

Watchlist

Latest fiscal year

Revenue

17.1 million USD

2026 · USD

Exact inputs and evidence

Operating margin

1.88%

2026 · %

Exact inputs and evidence
  • Operating Income: 322220 USD Source
  • Revenue: 17128067 USD Source

Operating cash flow

-1.88 million USD

2026 · USD

Exact inputs and evidence
  • Operating Cash Flow: -1884807 USD Source

Free cash flow

-1.92 million USD

2026 · USD

Exact inputs and evidence
  • Operating Cash Flow: -1884807 USD Source
  • Capital Expenditure: 36167 USD Source
Cash and cash equivalents
3.58 million USD Source
Exact value

3583757 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-02.

Financial data available through: 2026-03-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2026-03-31
  • Operating income: 4 of 11 periods available· newest 2026-03-31
  • net income: No compatible figures in this window
  • Operating cash flow: 4 of 11 periods available· newest 2026-03-31
  • Capital expenditure: 4 of 11 periods available· newest 2026-03-31
  • Total assets: 3 of 11 periods available· newest 2026-03-31
  • Total liabilities: 3 of 11 periods available· newest 2026-03-31
  • Current assets: 3 of 11 periods available· newest 2026-03-31
  • Current liabilities: 3 of 11 periods available· newest 2026-03-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2026-03-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -0.3%

    Prior period

    USD 17.19 million

    –

    Current period

    USD 17.13 million

    –

    Exact inputs and evidence

    17128067 − 17186677 = -58610 USD

    17186677 USD · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    17128067 USD · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Operating cash flow

    -188.3%

    Prior period

    USD 2.13 million

    –

    Current period

    −USD 1.88 million

    –

    Exact inputs and evidence

    -1884807 − 2134565 = -4019372 USD

    2134565 USD · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    -1884807 USD · 2025-04-01 – 2026-03-31

    Inspect current input Current source
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  • Capital expenditure

    +116.4%

    Prior period

    USD 16,710

    –

    Current period

    USD 36,167

    –

    Exact inputs and evidence

    36167 − 16710 = 19457 USD

    16710 USD · 2024-04-01 – 2025-03-31

    Inspect prior input Prior source

    36167 USD · 2025-04-01 – 2026-03-31

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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-04-01 – 2026-03-31

  • Revenue USD 17.13 million 100% of revenue
  • Operating costs Derived USD 16.81 million 98% of revenue
  • Operating income USD 322,220 1.9% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow −USD 1.88 million −11% of revenue
  • Capital expenditure USD 36,167 0.2% of revenue
  • Free cash flow Derived −USD 1.92 million −11% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
  • 2026 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2022-04-01 – 2023-03-3113471471 12482141 Derived 989330 UnavailableUnavailable2164611 Derived
Source
2024 2023-04-01 – 2024-03-3113971743 12489696 Derived 1482047 UnavailableUnavailable3115796 Derived
Source
2025 2024-04-01 – 2025-03-3117186677 16811760 Derived 374917 UnavailableUnavailable2117855 Derived
Source
2026 2025-04-01 – 2026-03-3117128067 16805847 Derived 322220 UnavailableUnavailable-1920974 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 17.1M 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.18.6M13.9M9.3M4.6M0.02023202420252026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Revenue13471471
2024Revenue13971743
2025Revenue17186677
2026Revenue17128067

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.3% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.24.9%18.1%11.3%4.6%-2.2%2023202420252026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year3.7%
2025Year over year23%
2026Year over year-0.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 1.9% 2026
Free cash flow margin -11.2% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.0%15.3%5.5%-4.2%-13.9%2023202420252026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin7.3%
2024Operating margin10.6%
2025Operating margin2.2%
2026Operating margin1.9%
2023-03-31Net marginNot reported
2024-03-31Net marginNot reported
2025-03-31Net marginNot reported
2026-03-31Net marginNot reported
2023Free cash flow margin16.1%
2024Free cash flow margin22.3%
2025Free cash flow margin12.3%
2026Free cash flow margin-11.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -1.9M 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.5M2.1M627.0K-829.9K-2.3M2023202420252026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Operating cash flow2174592
2024Operating cash flow3138768
2025Operating cash flow2134565
2026Operating cash flow-1884807

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -1.9M 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.5M2.1M597.4K-863.3K-2.3M2023202420252026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2023Free cash flow2164611
2024Free cash flow3115796
2025Free cash flow2117855
2026Free cash flow-1920974

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

28.2% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.106%80%53%27%0%2023-03-31202420252026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-03-31Liabilities / assetsNot reportedNo source recorded
2024Liabilities / assets98.3%
2025Liabilities / assets96.2%
2026Liabilities / assets28.2%

Current assets to current liabilities

Current assets divided by current liabilities.

2.61× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.82×2.11×1.41×0.70×0.00×2023-03-31202420252026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-03-31Current assets / current liabilitiesNot reportedNo source recorded
2024Current assets / current liabilities1.69×
2025Current assets / current liabilities0.98×
2026Current assets / current liabilities2.61×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2022-04-01 – 2023-03-31
Unavailable Not reported for this period.
USD 2.17 million
Exact value

Exact value: 2174592 USD

2022-04-01 – 2023-03-31: 2174592 USD Inspect Operating Cash Flow Open source
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USD 9,981
Exact value

Exact value: 9981 USD

2022-04-01 – 2023-03-31: 9981 USD Inspect Capital Expenditure Open source
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USD 2.16 million
Calculation and evidence

2174592 − 9981 USD

Exact free cash flow: 2164611 USD

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2024 2023-04-01 – 2024-03-31
Unavailable Not reported for this period.
USD 3.14 million
Exact value

Exact value: 3138768 USD

2023-04-01 – 2024-03-31: 3138768 USD Inspect Operating Cash Flow Open source
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USD 22,972
Exact value

Exact value: 22972 USD

2023-04-01 – 2024-03-31: 22972 USD Inspect Capital Expenditure Open source
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USD 3.12 million
Calculation and evidence

3138768 − 22972 USD

Exact free cash flow: 3115796 USD

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2025 2024-04-01 – 2025-03-31
Unavailable Not reported for this period.
USD 2.13 million
Exact value

Exact value: 2134565 USD

2024-04-01 – 2025-03-31: 2134565 USD Inspect Operating Cash Flow Open source
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USD 16,710
Exact value

Exact value: 16710 USD

2024-04-01 – 2025-03-31: 16710 USD Inspect Capital Expenditure Open source
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USD 2.12 million
Calculation and evidence

2134565 − 16710 USD

Exact free cash flow: 2117855 USD

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2026 2025-04-01 – 2026-03-31
Unavailable Not reported for this period.
−USD 1.88 million
Exact value

Exact value: -1884807 USD

2025-04-01 – 2026-03-31: -1884807 USD Inspect Operating Cash Flow Open source
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USD 36,167
Exact value

Exact value: 36167 USD

2025-04-01 – 2026-03-31: 36167 USD Inspect Capital Expenditure Open source
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−USD 1.92 million
Calculation and evidence

-1884807 − 36167 USD

Exact free cash flow: -1920974 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

31 filings · 202 latest values · 202 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0002024656, 2024656, FMFC, edgar:2024656

Also known as Kandal M Venture Limited, Kandal M Venture Ltd