Announced Fri, 14 Nov · 19:54 IST

Dear Sir/Madam, In terms of Regulation 30 and Regulation 33 of the SEBI (LODR) Regulations, 2015 this is to inform you that the meeting of the Board of Directors of the Company was held ....

Revenue Growth 20pctPat Growth 25pctRevenue DeclineNegative Operating CashflowResults 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

Awaiting price reaction for this filing.

AI summary

Gajanan Securities Services reported its Q2 FY26 unaudited results with the auditor (P Khetan & Co) issuing an unmodified limited review opinion on both standalone and consolidated numbers. On a standalone basis, total income fell sharply to Rs 0.38 lakh in Q2 FY26 from Rs 2.31 lakh in Q2 FY25, dragging profit after tax down to just Rs 0.06 lakh versus Rs 0.40 lakh earlier. On a consolidated basis (which includes 7 subsidiaries), other income of Rs 54.12 lakh pushed total income up to Rs 53.74 lakh vs Rs 2.66 lakh, with quarterly PAT surging to Rs 36.24 lakh from Rs 0.44 lakh and EPS rising to Rs 1.17 from Rs 0.01. However, operating cash flow remained negative at Rs -8.85 lakh (standalone) and Rs -52.49 lakh (consolidated) for H1 FY26. The results show a stark divergence between the parent's shrinking core activity and a big jump in consolidated profit driven mainly by other/investment income.

Likely market impact

Consolidated PAT exploding on the back of other income is the headline positive, but most of it comes from subsidiaries/non-core items rather than steady operations, and operating cash flow remains negative which tempers the optimism. Standalone performance is weak, suggesting limited real earnings power at the parent level. For retail investors, the stock may see interest from the large headline PAT jump, but the lack of operating cash inflow and reliance on other income warrants caution.