HYBRIDFINNSEHybrid Financial Services LimitedHighNeutral
Announced Thu, 21 May · 13:58 IST

Hybrid Financial Services Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue DeclinePat NegativeEbitda Margin CompressionEmphasis Of MatterExceptional ItemResults View source PDF

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AI summary

Hybrid Financial Services Limited reported audited financial results for FY2026. Total income declined to Rs. 680.54 Lakhs from Rs. 718.93 Lakhs in FY2025, while revenue from operations fell to Rs. 527.72 Lakhs from Rs. 561.20 Lakhs. Profit after tax dropped significantly to Rs. 270.01 Lakhs from Rs. 383.69 Lakhs in the previous year. EPS declined to Rs. 0.92 from Rs. 1.30. The company recognized Rs. 80 Lakhs in provisions/write-offs for an unrecoverable rental deposit from 1997. Other income included Rs. 102.24 Lakhs from write-back of provisions no longer required. The merger of subsidiary Maximus Securities Limited became effective from April 2024. The statutory auditors issued an unmodified opinion but drew emphasis on non-provision of gratuity as per Ind AS 19.

Likely market impact

The company shows declining profitability with PAT down approximately 30% year-on-year. The auditor's emphasis on gratuity non-provision and significant write-offs indicate potential financial stress. The stock broking license transfer pending SEBI approval adds regulatory uncertainty.