Unlisted Shares
Market Simplified
Verified Unlisted CompanyOff-market Transfer · NSDL / CDSL
About Market Simplified
Market Simplified is a digital engineering and fintech solutions company that provides trading, analytics, and investment platforms to financial institutions. The company focuses on delivering scalable digital transformation solutions, including wealth management platforms, trading applications, and API-driven financial infrastructure. It serves banks, brokers, and fintech firms, positioning itself in the growing financial digitization and capital markets technology space.
Share Details
| company Name | Market Simplified |
| indicative Unlisted Share Price | ₹43 |
| market Capitalization | ₹59.88 Cr |
| lot Size | 1000 |
| 52 Week High | ₹36 |
| 52 Week Low | ₹28 |
| face Value | ₹10 |
| book Value | ₹21.02 |
| pe Ratio | 37.84 |
| pb Ratio | 1.33 |
| debt To Equity | 0.2 |
| return On Equity | 3.54% |
| total Outstanding Shares | 2,13,89,000 |
| isin | INE673L01019 |
| depository | NSDL & CDSL |
| pan | AAACM7411L |
| cin | U72900TN2000PLC045869 |
| rta | BTS Consultancy Services |
Income Statement (Profit & Loss) (₹ in Crore)
| Particulars | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 4,308 | 4,832 | - | - |
| EBITDA | 608 | 268 | - | - |
| Operating Profit | 608 | 268 | - | - |
| EBIT | 336 | 128 | - | - |
| Profit Before Tax | 382 | 146 | - | - |
| Net Profit / Loss | 327 | 159 | - | - |
| EPS | 1.97 | 0.74 | - | - |
Key Financial Ratios (Last 3–5 Years)
| Ratio | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating Profit Margin (%) | 14.12 | 5.5 | - | - |
| Net Profit Margin (%) | 7.59 | 3.29 | - | - |
| EPS | 1.97 | 0.74 | - | - |
Financial Annual Report Summary
Market Simplified has shown revenue growth from ₹3412 lakh in FY21 to ₹4832 lakh in FY23. However, profitability has been volatile, with PAT declining from ₹327 lakh in FY22 to ₹159 lakh in FY23. Margins have compressed significantly, indicating cost pressures and scalability challenges. The business is in a competitive fintech space with moderate growth but inconsistent profitability.
Why Invest in Market Simplified
- Revenue growth is steady but not high-growth.
- Margins have declined sharply, indicating cost pressure.
- ROE is low (~3.5%), suggesting weak capital efficiency.
- Operates in a competitive fintech and digital services market.
- Scalability depends on client acquisition and product differentiation.
Balance Sheet - Assets (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Fixed Assets | 220 | 261 | - | - |
| CWIP | 481 | 726 | - | - |
| Investments | 0 | 0 | - | - |
| Trade Receivables | 449 | 278 | - | - |
| Inventory | 0 | 0 | - | - |
| Other Assets | 2,112 | 3,768 | - | - |
| Total Assets | 3,262 | 5,033 | - | - |
Balance Sheet - Liabilities & Equity (₹ in Crore)
| Item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Share Capital | 1,657.9 | 2,138.9 | - | - |
| Reserves | 1,136 | 2,348 | - | - |
| Borrowings | 41.8 | 18.5 | - | - |
| Trade Payables | 95 | 85 | - | - |
| Other Liabilities | 331.5 | 442.6 | - | - |
| Total Liabilities | 3,262 | 5,033 | - | - |
Liabilities Breakdown & Balance Sheet Insights
Balance Sheet Insights
The balance sheet has expanded significantly due to equity infusion and asset growth. Borrowings are low, but rising equity base with low returns indicates inefficiency.
Liabilities Breakdown
Liabilities are largely equity-driven with minimal debt, reflecting low financial risk but also low return efficiency.
Additional Insights
The company has strong capital backing but struggles to generate proportional returns, leading to low ROE.
Cash Flow Insights
- Operating cash flow is volatile but improved in FY23.
- Continuous investment outflows indicate expansion.
- Equity funding supports growth but dilutes returns.
- Cash flow stability is still developing.
Shareholding Pattern
Shareholding pattern data not available
Promoters & Management
The company is led by professionals with expertise in fintech, digital engineering, and capital markets technology.
Registrar & Transfer Agent (RTA)
Registrar: BTS Consultancy Services
Website: https://www.btsindia.co.in/
Management Analysis
Management focuses on fintech platform development and digital transformation. Future growth depends on scaling client base and improving margins.
Frequently Asked Questions About Market Simplified
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