BSEGSL Securities LtdMediumNeutral
Announced Mon, 10 Nov · 17:31 IST

Financial Results for the quarter and Half year ended 30.09.2025

Pat NegativeNegative Operating CashflowEbitda Margin CompressionResults View source PDF

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AI summary

GSL Securities Ltd reported a loss of Rs. 5.94 lakhs for Q2 FY26 (vs Rs. 4.58 lakh loss in Q2 FY25) and Rs. 12.92 lakhs for H1 FY26 (vs Rs. 12.45 lakh loss in H1 FY25). Total income stood at Rs. 4.65 lakhs for the quarter (up from Rs. 0.16 lakhs a year ago) entirely from other operating income, while total expenses rose sharply to Rs. 10.59 lakhs from Rs. 4.74 lakhs. EPS was Rs. -0.18 for the quarter and Rs. -0.40 for the half year. Net cash used in operating activities was Rs. 19.36 lakhs for H1 FY26. The auditor (V R S K & Co. LLP) issued an unmodified limited review report with no qualifications or emphasis of matter.

Likely market impact

The company continues to post losses and burn cash, with expenses now running well ahead of its already thin income base. With no borrowings, a Rs. 530.94 lakh investment portfolio and Rs. 254.54 lakh reserves provide some cushion, but the worsening expense trajectory is a concern for shareholders.