BSELKP Securities LtdMediumNeutral
Announced Fri, 31 Oct · 21:04 IST

Financial Results for September 30, 2025

Revenue DeclineRelated Party TransactionsNegative 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

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AI summary

LKP Securities, a Mumbai-based stock broking firm, reported its Q2 FY26 results with standalone revenue from operations of about ₹266.94 lakhs versus ₹338.04 lakhs in Q2 FY25, a YoY decline of roughly 21%. For the half-year (H1 FY26), revenue from operations stood at ₹542.23 lakhs versus ₹642.75 lakhs in H1 FY25, down about 15.6%. Standalone profit before tax for Q2 was ₹37.55 lakhs (vs ₹60.76 lakhs YoY), and H1 PAT came in around ₹70 lakhs (vs ~₹85 lakhs). EPS for H1 FY26 was ₹0.85 versus ₹1.08 in the prior year. The statutory auditor MGB & Co LLP issued a clean limited review with no qualifications on both standalone and consolidated statements. Operating cash flows remained negative on a standalone (₹-2,915.83 lakhs) and consolidated basis. The company disclosed related party transactions and confirmed NIL defaults on loans or debt securities; total financial indebtedness stood at ₹69.94 crore.

Likely market impact

The sharp YoY decline in brokerage-related revenue and profits suggests weak trading volumes or fee compression, which is a negative for near-term earnings momentum. Negative operating cashflows and a meaningful level of related party transactions are flags for investors to monitor, though the clean audit report and zero debt defaults limit downside concerns.