Announced Mon, 10 Nov · 16:58 IST

Unaudited Financial Results for the quarter & half year ended 30.09.2025

Revenue DeclineEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

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AI summary

For H1 FY26, standalone revenue from operations fell to ₹585.60 lacs from ₹987.70 lacs in H1 FY25, a drop of about 41% year-on-year. Standalone profit after tax declined to ₹38.33 lacs from ₹94.68 lacs, a ~60% fall. Consolidated revenue from operations dropped more sharply to ₹589.18 lacs from ₹1,314.78 lacs in H1 FY25. On a sequential basis, however, standalone Q2 revenue recovered to ₹352.96 lacs from ₹232.64 lacs in Q1 FY26, indicating some quarter-on-quarter improvement. Profit before tax margin compressed from around 12.7% in H1 FY25 to roughly 8.6% in H1 FY26 on a standalone basis. Operating cash flow turned positive at ₹66.77 lacs standalone and ₹88.31 lacs consolidated for H1 FY26, compared to negative cash flow for the full FY25. The statutory auditor (Bhatter & Company) issued an unmodified limited review opinion with no exceptional or extraordinary items reported.

Likely market impact

Weak year-on-year performance across both standalone and consolidated numbers may pressure near-term sentiment, though the sequential recovery in Q2, positive operating cash flow, and reduced borrowings suggest stabilisation. Investors should monitor whether the brokerage and trading income rebound sustains into H2 FY26.