BSE: 535916
ALACRITY SECURITIES LTD
SEBI-registered trading member on BSE (Scrip Code 535916) and NSE, generating revenue from securities trading and related services. The company received a SEBI Certificate of Registration as a Depository Participant on 8 June 2026 (registration number IN-DP-851-2026), adding depository services to its existing trading-member portfolio. In Q1 FY27, revenue from operations rose about 57% year on year to Rs 11,117.74 lakh, with net profit climbing to Rs 738.63 lakh from Rs 383.54 lakh. For FY26, total income stood at Rs 41,067.78 lakh with net profit of Rs 620.99 lakh, against Rs 57,007.49 lakh and Rs 1,204.52 lakh respectively in FY25. Costs are dominated by other operating expenses (Rs 3.45 crore in FY26) and employee cost (Rs 1.09 crore), with no material inputs, typical of a financial services firm. FY26 operating cash flow turned positive at Rs 3,081.55 lakh from a negative Rs 3,890.58 lakh the year before. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Securities trading and related services. Small-cap, light-asset securities firm; trading-member-led with newly added depository participant licence
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 282 | 207 | 341 | 570 | 411 |
| EBITDA (ex other income) | — | — | — | 13 | 10 |
| margin % | — | — | — | 2.2 | 2.4 |
| Owners' profit | — | — | — | 12 | 6 |
| EPS, as reported (₹) | 1.72 | 1.53 | 5.43 | 2.58 | 1.33 |
| ROE % · ROCE % | — · 24.4 | — · 22.1 | — · 38.2 | 11.9 · 16.0 | 6.7 · 10.3 |
| Debt / equity (x) | — | — | — | 0.05 | 0.09 |
| Cash from operations | (0) | (0) | 0 | (34) | 31 |
| Capex | — | — | — | (4) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 238 | 160 | 84 | 71 | 103 | 112 | 125 | 111 |
| Profit before tax | 8 | 11 | (7) | 5 | 8 | 3 | (7) | 9 |
| Net profit | 6 | 7 | (5) | 4 | 6 | 2 | (6) | 7 |
| EPS (₹) | 4.76 | 3.00 | (1.10) | 0.82 | 1.24 | 0.92 | (1.19) | 1.58 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 15.9 | 19.0 | 35 of 76 | 55% |
| P/B | 2.1 | 1.0 | 74 of 105 | 30% |
| ROCE | 9.3 | 1.8 | 17 of 83 | 81% |
| ROE | 6.7 | 1.3 | 26 of 111 | 77% |
| Debt / Equity | 0.1 | 0.0 | 51 of 77 | 34% |
| EBITDA margin | 8.8 | 25.6 | 57 of 91 | 38% |
| Revenue growth | 57.4 | (4.1) | 20 of 85 | 77% |
| Profit growth | 92.6 | (0.2) | 32 of 109 | 71% |
| Market cap | 189 | 26 | 16 of 113 | 87% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board meeting set for November 2, 2026 results approval | results | low | — | — |
| 14 Oct 2026 · Compliance certificate for dematerialisation quarter ended Sept 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · 32nd AGM results - all 3 resolutions passed, dividend declared | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 32nd AGM proceedings of Alacrity Securities held on September 30, 2026 | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 for Q2 results | compliance | minimal | — | — |
| 22 Sept 2026 · BSE price movement query — Company says no undisclosed info | compliance | low | — | — |
| 17 Sept 2026 · BSE seeks clarification on price movement from Alacrity Securities | regulatory legal | medium | — | — |
| 11 Sept 2026 · Promoter Hiten Mehta gifts entire 1.74 percent stake via off-market transfer | ownership changes | medium | — | — |
| 11 Sept 2026 · Promoter Hemanshu Mehta acquires 2.61% stake via off-market gift, holding rises to 5.70% | ownership changes | medium | — | — |
| 11 Sept 2026 · Promoter Meeta Hiten Mehta gifts entire 0.87% stake in Alacrity Securities | ownership changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.