Announced Fri, 29 May · 18:58 IST

Audited Financial Result for the quarter and year ended 31st March 2026

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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AI summary

Stellant Securities reported total income of Rs 5,087.22 Lakhs for FY2026, up sharply from Rs 187.62 Lakhs in FY2025, driven by a Securities Market Trading & Advisory segment that grew from Rs 181.40 Lakhs to Rs 4,727.88 Lakhs. PAT surged to Rs 2,130.71 Lakhs from Rs 129.11 Lakhs. The company completed a large equity raise via preferential allotment of 18.33 lakh shares and 3 lakh warrants, raising about Rs 5,463 Lakhs. Inventory jumped to Rs 4,289.16 Lakhs (from Rs 42.27 Lakhs), and operating cash flow turned deeply negative at Rs -1,927.01 Lakhs despite strong profitability. The Board recommended a final dividend of Rs 0.20 per share (2%). Auditors gave an unmodified opinion with no going concern flag.

Likely market impact

The massive revenue and profit growth is positive but the negative operating cash flow against a growing PAT raises questions about cash conversion quality. The large capital raise has significantly diluted equity but strengthened the balance sheet.