Is Kandal M Venture Limited (FMFC) a Buy, Sell, or Hold?
NASDAQ : FMFC
Kandal M Venture Limited — Financials
$0.314 USD
$0.01 (2.21%)
- Volume
- 405.44K
- Average Volume
- 5.48M
- Market Capitalization
- $5.75M
- P/E Ratio
- 24.53
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $15.75
- Year Low
- $0.21
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.61
FMFC Financial Statements
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| revenue | 17.13M | 17.19M | 13.97M | 13.47M |
| costOfRevenue | 13.89M | 13.83M | 10.6M | 10.66M |
| grossProfit | 3.24M | 3.36M | 3.37M | 2.81M |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 2.68M | 2.65M | 1.61M | 1.6M |
| sellingAndMarketingExpenses | 245.15K | 304.41K | 239.01K | 227K |
| sellingGeneralAndAdministrativeExpenses | 2.92M | 2.95M | 1.85M | 1.82M |
| otherExpenses | - | 30604 | 32843 | - |
| operatingExpenses | 2.92M | 2.98M | 1.89M | 1.82M |
| costAndExpenses | 16.81M | 16.81M | 12.49M | 12.48M |
| netInterestIncome | 99773 | -211.31K | -238.36K | -173.56K |
| interestIncome | 234.67K | 370.7K | 165.37K | 13883 |
| interestExpense | 134.89K | 582.01K | 403.72K | 187.44K |
| depreciationAndAmortization | 268.57K | 262.87K | 267.6K | 310.17K |
| ebitda | 833.87K | 1.07M | 1.97M | 1.35M |
| ebit | 565.3K | 810.97K | 1.7M | 1.04M |
| nonOperatingIncomeExcludingInterest | -243.08K | -436.05K | -219.31K | -53420 |
| operatingIncome | 322.22K | 374.92K | 1.48M | 989.33K |
| totalOtherIncomeExpensesNet | 108.18K | -145.96K | -184.41K | -134.02K |
| incomeBeforeTax | 430.4K | 228.95K | 1.3M | 855.31K |
| incomeTaxExpense | 194.78K | 19281 | 178.1K | 110.81K |
| netIncomeFromContinuingOperations | 235.62K | 209.67K | 1.12M | 744.5K |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | 235.62K | 209.67K | 1.12M | 744.5K |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | 235.62K | 209.67K | 1.12M | 744.5K |
| eps | 0.01 | 0.01 | 0.06 | 0.04 |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 3.58M | 102.7K | 235.35K | 361.47K |
| shortTermInvestments | - | 68760 | 68440 | 70740 |
| cashAndShortTermInvestments | 3.58M | 102.7K | 235.35K | 361.47K |
| netReceivables | 1.98M | 6.73M | 6.91M | 915.03K |
| accountsReceivables | 1.74M | 1.07M | 561.08K | 603.29K |
| otherReceivables | 241.86K | 5.66M | 6.35M | 311.74K |
| inventory | 2.55M | 1.65M | 1.8M | 3.39M |
| prepaids | 122.94K | 112.3K | 86015 | 85198 |
| otherCurrentAssets | - | 795.77K | 230.64K | 70740 |
| totalCurrentAssets | 8.24M | 9.39M | 9.27M | 4.75M |
| propertyPlantEquipmentNet | 418.68K | 651.08K | 897.24K | 1.14M |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | 2.5M | - | - | - |
| taxAssets | 48306 | 29787 | 13629 | - |
| otherNonCurrentAssets | - | - | - | - |
| totalNonCurrentAssets | 2.97M | 680.87K | 910.87K | 1.14M |
| otherAssets | - | - | - | - |
| totalAssets | 11.21M | 10.07M | 10.18M | 5.89M |
| totalPayables | 2.05M | 2.97M | 1.78M | 5.2M |
| accountPayables | 1.99M | 2.57M | 1.65M | 2.12M |
| otherPayables | 61109 | 399.78K | 122.06K | 3.08M |
| accruedExpenses | 801.6K | 1.29M | 343.49K | 386.36K |
| shortTermDebt | - | 5.09M | 2.82M | 234.06K |
| capitalLeaseObligationsCurrent | 87632 | 80916 | 74715 | 68989 |
| taxPayables | 27178 | 8330 | 116.93K | 16584 |
| deferredRevenue | 214.75K | 172.82K | 464.08K | 103.89K |
| otherCurrentLiabilities | - | - | - | - |
| totalCurrentLiabilities | 3.16M | 9.6M | 5.48M | 5.99M |
| longTermDebt | - | - | 4.36M | 576.92K |
| capitalLeaseObligationsNonCurrent | - | 87632 | 168.55K | 243.26K |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | 31725 |
| otherNonCurrentLiabilities | - | - | - | - |
| totalNonCurrentLiabilities | - | 87632 | 4.53M | 851.91K |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | 87632 | 168.55K | 243.26K | 312.25K |
| totalLiabilities | 3.16M | 9.69M | 10.01M | 6.84M |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 183 | 160 | 160 | 160 |
| retainedEarnings | 3.11M | 2.87M | 2.66M | 1.54M |
| additionalPaidInCapital | 7.44M | - | - | - |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| netIncome | 430.4K | 228.95K | 1.3M | 855.31K |
| depreciationAndAmortization | 268.57K | 262.87K | 267.6K | 310.17K |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | - | - | - | - |
| changeInWorkingCapital | -2.2M | 1.45M | 1.36M | 1.03M |
| accountsReceivables | -471.96K | -659.1K | -112.57K | 694.37K |
| inventory | -863.58K | 147.51K | 1.52M | 285.69K |
| accountsPayables | - | - | -43699 | 45816 |
| otherWorkingCapital | -859.76K | 1.96M | - | - |
| otherNonCashItems | -388.49K | 195.87K | 210.54K | -16760 |
| netCashProvidedByOperatingActivities | -1.88M | 2.13M | 3.14M | 2.17M |
| investmentsInPropertyPlantAndEquipment | -36167 | -16710 | -22972 | -9981 |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | -2.5M | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - |
| otherInvestingActivities | -96717 | -565.13K | -230.64K | - |
| netCashProvidedByInvestingActivities | -2.63M | -581.84K | -253.61K | -9981 |
| netDebtIssuance | -854.56K | -2.09M | 2.52M | -3.24M |
| longTermNetDebtIssuance | -854.56K | -2.09M | 2.52M | -3.28M |
| shortTermNetDebtIssuance | - | -1.02M | -3.78M | - |
| netStockIssuance | 8.01M | - | - | - |
| netCommonStockIssuance | 8.01M | - | - | - |
| commonStockIssuance | 8.01M | - | - | - |
| commonStockRepurchased | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 838.34K | 404.19K | -5.53M | 1.32M |
| netCashProvidedByFinancingActivities | 8M | -1.69M | -3.01M | -1.92M |
| date | 2026-03-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| revenue | 9.22M | 7.9M | 3.83M | 3.83M | 4.76M | 4.76M | 2.98M | 2.98M |
| costOfRevenue | 7.5M | 6.42M | 3.29M | 3.29M | 3.63M | 3.63M | 2.23M | 2.23M |
| grossProfit | 1.73M | 1.48M | 545.26K | 545.26K | 1.13M | 1.13M | 749.38K | 749.38K |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | 770.39K | 770.39K | 568.55K | 568.55K | 402.01K | 402.01K |
| sellingAndMarketingExpenses | - | - | 67119 | 67119 | 85084 | 85084 | 64062 | 64062 |
| sellingGeneralAndAdministrativeExpenses | 1.6M | 1.29M | 829.95K | 829.95K | 661.19K | 661.19K | 458.51K | 458.51K |
| otherExpenses | - | - | - | - | - | - | - | - |
| operatingExpenses | 1.6M | 1.29M | 829.95K | 829.95K | 661.19K | 661.19K | 458.51K | 458.51K |
| costAndExpenses | 9.09M | 7.71M | 4.12M | 4.12M | 4.29M | 4.29M | 2.69M | 2.69M |
| netInterestIncome | 198K | -98231 | -54990 | -54990 | -50664 | -50664 | -97512 | -97512 |
| interestIncome | 234.67K | - | 141.25K | -54990 | 229.45K | -50664 | 82731 | - |
| interestExpense | 36663 | 98231 | 251.23K | - | 330.78K | - | 277.75K | - |
| depreciationAndAmortization | 137.36K | 131.21K | 48247 | 48247 | 48566 | 48566 | 57936 | 57936 |
| ebitda | 269.89K | 320.9K | -236.45K | -236.45K | 520.72K | 520.72K | 348.8K | 348.8K |
| ebit | 132.53K | 189.69K | -284.69K | -284.69K | 472.15K | 472.15K | 290.87K | 290.87K |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | - | - |
| operatingIncome | 132.53K | 189.69K | -569.39K | -284.69K | 472.15K | 472.15K | 290.87K | 290.87K |
| totalOtherIncomeExpensesNet | 75219 | 32966 | -55647 | -27824 | -45158 | -45158 | -82258 | -82258 |
| incomeBeforeTax | 207.75K | 222.66K | -625.04K | -312.52K | 427K | 427K | 208.61K | 208.61K |
| incomeTaxExpense | 140.98K | 53804 | -183.09K | -91544 | 101.18K | 101.18K | 31423 | 31423 |
| netIncomeFromContinuingOperations | 66770 | 168.86K | -441.95K | -220.97K | 325.81K | 325.81K | 177.19K | 177.19K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - |
| netIncome | 66770 | 168.86K | -220.97K | -220.97K | 325.81K | 325.81K | 177.19K | 177.19K |
| netIncomeDeductions | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 66770 | 168.86K | -220.97K | -220.97K | 325.81K | 325.81K | 177.19K | 177.19K |
| eps | 0.0 | 0.01 | -0.01 | -0.01 | 0.02 | 0.02 | 0.01 | 0.01 |
| date | 2026-03-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 3.58M | 1.66M | 102.7K | 102.7K | 33637 | 33637 | 235.35K | 235.35K |
| shortTermInvestments | - | - | 68760 | 68760 | 68560 | 68560 | 68440 | 68440 |
| cashAndShortTermInvestments | 3.58M | 1.66M | 102.7K | 171.46K | 33637 | 102.2K | 235.35K | 303.79K |
| netReceivables | 1.98M | 5.79M | 6.73M | 1.19M | 7.85M | 942.92K | 6.91M | 613.08K |
| accountsReceivables | 1.74M | 1.2M | 1.07M | 1.19M | 890.91K | 942.92K | 561.08K | 613.08K |
| otherReceivables | 241.86K | 4.59M | 5.66M | - | 6.96M | - | 6.35M | - |
| inventory | 2.55M | 2.05M | 1.65M | 1.65M | 1.39M | 1.39M | 1.8M | 1.8M |
| prepaids | 122.94K | 109.5K | 112.3K | 43545 | 78430 | 9870 | 86015 | 17575 |
| otherCurrentAssets | - | - | 795.77K | 6.34M | 251.08K | 7.16M | 230.64K | 6.53M |
| totalCurrentAssets | 8.24M | 9.61M | 9.39M | 9.39M | 9.61M | 9.61M | 9.27M | 9.27M |
| propertyPlantEquipmentNet | 418.68K | 533.68K | 651.08K | 651.08K | 781.24K | 781.24K | 897.24K | 897.24K |
| goodwill | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - |
| longTermInvestments | 2.5M | - | - | - | - | - | - | - |
| taxAssets | 48306 | 39556 | 29787 | - | 21696 | - | 13629 | - |
| otherNonCurrentAssets | - | -1 | - | 29787 | - | 21696 | - | 13629 |
| totalNonCurrentAssets | 2.97M | 573.24K | 680.87K | 680.87K | 802.93K | 802.93K | 910.87K | 910.87K |
| otherAssets | - | 1 | - | - | - | - | - | - |
| totalAssets | 11.21M | 10.18M | 10.07M | 10.07M | 10.41M | 10.41M | 10.18M | 10.18M |
| totalPayables | 2.05M | 1.07M | 2.97M | 2.57M | 2.93M | 2.59M | 1.78M | 1.65M |
| accountPayables | 1.99M | 1.07M | 2.57M | 2.57M | 2.59M | 2.59M | 1.65M | 1.65M |
| otherPayables | 61109 | 4570 | 399.78K | - | 333.52K | - | 122.06K | - |
| accruedExpenses | 801.6K | 769.88K | 1.29M | 1.29M | 475.64K | 475.64K | 343.49K | 343.49K |
| shortTermDebt | - | - | 5.09M | 5.09M | 5.37M | 5.37M | 2.82M | 2.82M |
| capitalLeaseObligationsCurrent | 87632 | 84207 | 80916 | 80916 | 77754 | 77754 | 74715 | 74715 |
| taxPayables | 27178 | 2164 | 8330 | - | 251.69K | - | 116.93K | - |
| deferredRevenue | 214.75K | 231.17K | 172.82K | - | 609.43K | - | 464.08K | - |
| otherCurrentLiabilities | - | - | - | 572.6K | - | 942.95K | - | 586.14K |
| totalCurrentLiabilities | 3.16M | 2.16M | 9.6M | 9.6M | 9.46M | 9.46M | 5.48M | 5.48M |
| longTermDebt | - | - | - | - | - | - | 4.36M | 4.36M |
| capitalLeaseObligationsNonCurrent | - | 44689 | 87632 | 87632 | 128.9K | 128.9K | 168.55K | 168.55K |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | 44689 | 87632 | 87632 | 128.9K | 128.9K | 4.53M | 4.53M |
| otherLiabilities | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 87632 | 128.9K | 168.55K | 168.55K | 206.65K | 206.65K | 243.26K | 243.26K |
| totalLiabilities | 3.16M | 2.2M | 9.69M | 9.69M | 9.59M | 9.59M | 10.01M | 10.01M |
| treasuryStock | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - |
| commonStock | 183 | 183 | 160 | 160 | 160 | 160 | 160 | 160 |
| retainedEarnings | 3.11M | 3.04M | 2.87M | 2.87M | 3.31M | 3.31M | 2.66M | 2.66M |
| additionalPaidInCapital | 7.44M | 7.44M | - | - | - | - | - | - |
| date | 2026-03-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| netIncome | 66770 | 168.86K | -220.97K | -220.97K | 325.81K | 325.81K | 177.19K | 177.19K |
| depreciationAndAmortization | 137.36K | 131.21K | 65558 | 65558 | 65876 | 65876 | 75246 | 75246 |
| deferredIncomeTax | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 146.27K | -2.34M | -64507 | -64507 | -191.28K | -191.28K | -159.67K | -159.67K |
| accountsReceivables | -308.95K | -163.01K | 66470 | 66470 | -396.02K | -396.02K | -151.81K | -151.81K |
| inventory | -515.39K | -348.19K | -130.98K | -130.98K | 204.73K | 204.73K | -7863 | -7863 |
| accountsPayables | 970.6K | -1.83M | - | - | - | - | - | - |
| otherWorkingCapital | - | - | - | - | - | - | - | - |
| otherNonCashItems | 40345 | -155.91K | 173.08K | 321.35K | 1.4M | 765.45K | 775.85K | 479.36K |
| netCashProvidedByOperatingActivities | 390.75K | -2.2M | -46848 | 101.43K | 1.6M | 965.85K | 868.61K | 572.12K |
| investmentsInPropertyPlantAndEquipment | -2.52M | -13808 | -482 | -482 | -7873 | -7873 | -10381 | -10381 |
| acquisitionsNet | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - |
| otherInvestingActivities | 3.83M | -4.14M | -545.17K | -272.35K | -28311 | -10219 | -96152 | -42885 |
| netCashProvidedByInvestingActivities | 1.31M | -4.15M | -545.66K | -272.83K | -36184 | -18092 | -106.53K | -53266 |
| netDebtIssuance | 268.44K | -60417 | 707.3K | - | -1.72M | - | -532.5K | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | 268.44K | -60417 | 707.3K | - | -1.72M | - | -532.5K | - |
| netStockIssuance | - | 8.01M | - | - | - | - | - | - |
| netCommonStockIssuance | - | 8.01M | - | - | - | - | - | - |
| commonStockIssuance | - | 8.01M | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -45738 | -45738 | -45739 | 205.93K | -45738 | -1.05M | -45738 | -426.94K |
| netCashProvidedByFinancingActivities | 222.7K | 7.91M | 661.56K | 205.93K | -1.77M | -1.05M | -578.24K | -426.94K |