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Mukesh Babu Financial Services


Mukesh Babu Financial Services is in the business of trading in the financial markets.

The company had about 31cr of liquid investments and 31cr of net current assets in the prior year – which is unadjusted for current market values.

Income statement performance is largely irrelevant in an investing/trading operation and the balance sheet would be more indicative of value in this case.

The business is exposed to all the risks of trading in the financial markets, which is inherently unpredictable and more so, when management’s trading strategy is unclear.

Moreover, management have paid wholly inadequate dividends raising questions about their fidelity towards minority shareholders.

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