BSEAlka Securities LtdHighNeutral
Announced Fri, 14 Nov · 17:39 IST

Outcome of Board Meeting for the Approval of Unaudited financial statement for quarter end 30th September ,2025

Revenue Growth 20pctNegative Operating CashflowDebt Equity ThresholdResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alka Securities Limited's Board, at its meeting on 14 November 2025, approved the standalone unaudited financial results for the quarter and half year ended 30 September 2025. Revenue from operations for H1 FY26 stood at Rs. 22.48 lakhs, nearly doubling from Rs. 11.39 lakhs in H1 FY25. However, profit after tax fell sharply to Rs. 1.64 lakhs from Rs. 3.87 lakhs, mainly due to higher depreciation and other expenses. The statutory auditor (Sunit M Chhatbar & Co) issued an unmodified limited review report with no qualifications. The company continues to carry negative reserves of Rs. (949.42) lakhs against a paid-up equity of Rs. 959.40 lakhs, leaving shareholders' funds at just Rs. 9.98 lakhs.

Likely market impact

While top-line growth is encouraging, the sharp fall in profitability, deeply eroded reserves, and ongoing negative operating cash flow (Rs. -4.19 lakhs in H1) signal weak fundamentals. Shareholders should note that the equity base is almost entirely written off, making this a high-risk, small-cap stock with limited margin of safety.