BSENDA Securities LtdHighNeutral
Announced Fri, 14 Nov · 15:44 IST

Please find enclosed herewith the outcome of the results for September 2025.

Revenue DeclinePat NegativeEbitda Margin CompressionResults 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

NDA Securities Ltd reported a weak set of numbers for Q2 FY26 (quarter ended 30 Sep 2025) on both standalone and consolidated basis. Standalone total income fell to ₹125.00 lakh from ₹210.93 lakh in the year-ago quarter, and the company swung to a standalone net loss of ₹14.37 lakh versus a profit of ₹35.72 lakh in Q2 FY25. For the half year ended Sep 2025, standalone net loss was ₹2.95 lakh versus a profit of ₹52.13 lakh in H1 FY25, with total income down ~29% to ₹270.81 lakh. Consolidated H1 FY26 net loss was wider at ₹25.36 lakh, hurt further by losses at its two subsidiaries. Management attributed the quarter's loss to de-empanelment by LIC (Life Insurance Corporation of India) as a major domestic institutional investor following a change in management control, and said it is actively pursuing re-empanelment.

Likely market impact

This is a negative disclosure for shareholders — the stock broking business lost a key institutional client (LIC), pushing the company into a quarterly loss and eroding H1 earnings sharply. Watch for updates on LIC re-empanelment and subsidiary performance, as these will be critical to a recovery; until then, expect weak investor sentiment on the stock.