UFR of the Company for the quarter and half year ended 30th September, 2025. Enclosed herewith a copy of the same along with a copy of Limited Review Report dated 10th November, 2025 of ....
Awaiting price reaction for this filing.
Kolkata-based NBFC Mathew Easow Research Securities reported its unaudited results for the quarter and half-year ended 30 September 2025, approved at a board meeting on 10 November 2025. Revenue from operations for H1 FY26 rose to Rs 154.99 lakhs, up about 34% from Rs 115.24 lakhs in H1 FY25, driven mainly by higher interest income (Rs 143.85 lakhs) and Rs 10.91 lakhs from sale of shares/securities. Despite the revenue jump, profit after tax was nearly flat at Rs 4.73 lakhs (vs Rs 4.94 lakhs) and EPS held steady at Rs 0.07. Operating cash flow turned positive at Rs 115.51 lakhs, a big swing from the Rs 254.21 lakh outflow in H1 FY25. Statutory auditor GGPS and Associates issued a clean (unmodified) limited review report. Separately, Independent Director Pratim Priya Das Gupta ceased on the board after completing his first 5-year term.
Revenue growth is encouraging for this small NBFC, but profits are essentially flat, signalling margin pressure from rising finance costs. With a paid-up capital of Rs 665 lakhs and borrowings around Rs 2,155 lakhs, the company remains tiny in scale, so the filing is largely procedural with no material price catalyst.