Statement of Deviation and Variation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bridge Securities reported Q2 FY26 revenue of Rs. 42.31 lakhs, down sharply from Rs. 105.40 lakhs in Q2 FY25 (a drop of nearly 60%). For the half year ended September 2025, total income stood at Rs. 92.83 lakhs versus Rs. 115.81 lakhs in H1 FY25, a decline of about 20%. Net profit for H1 FY26 was Rs. 83.82 lakhs (vs Rs. 103.18 lakhs), with EPS of Rs. 0.25 for the period. The company has minimal operating expenses, so margins remain high. Cash flow from operations was negative at Rs. (57.95) lakhs, partly offset by Rs. 50 lakhs raised from share warrants. Total assets rose to Rs. 617.17 lakhs, supported by share warrant money of Rs. 122.50 lakhs, though other equity remains negative at Rs. (30.18) lakhs. Funds raised via preferential issue of 52.63 lakh convertible warrants at Rs. 5.51 each were used for working capital and general corporate purposes with no deviation reported.
Despite the sharp revenue dip in Q2, profitability remains strong due to low costs, but the negative operating cash flow and continued dependence on warrant money to fund operations may concern investors. Shareholders should watch whether revenue recovers and whether the company can generate positive cash from operations.