Capital Markets company Master Trust announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Revenue from Operations For Q4FY26, consolidated revenue stood at Rs 1,806.1 million, representing an increase of 32.10% QoQ from Rs 1,367.2 million in Q3FY26 and a growth of 48.06% YoY compared to Rs 1,219.8 million in Q4FY25. For the full year FY26, consolidated revenue was Rs 5,758.5 million, a marginal decline of 1.39% compared to Rs 5,839.4 million in FY25. Profit Before Tax (PBT): For Q4FY26, consolidated PBT was Rs 487.3 million, up 9.16% QoQ from Rs 446.4 million in Q3FY26 and up 30.22% YoY from Rs 374.2 million in Q4FY25. For the full year FY26, consolidated PBT reached Rs 1,724.8 million compared to Rs 1,787.2 million in FY25, a decrease of 3.49%. Net Profit After Tax (PAT): For Q4FY26, consolidated PAT (attributable to the owner) was Rs 347.9 million, a growth of 22.63% QoQ from Rs 283.7 million in Q3FY26 and a significant increase of 190.40% YoY from Rs 119.8 million in Q4FY25. For the full year FY26, consolidated PAT stood at Rs 1,222.2 million, reflecting a growth of 5.71% compared to Rs 1,156.2 million in FY25. Standalone Financial Highlights Total Income: For Q4FY26, standalone total income was Rs 83.0 million, a decrease of 14.87% QoQ from Rs 97.5 million in Q3FY26, and an increase of 65.67% YoY from Rs 50.1 million in Q4FY25. For the full year FY26, standalone total income grew by 45.60% to Rs 291.5 million from Rs 200.2 million in FY25. Profit Before Tax (PBT): For Q4FY26, standalone PBT was Rs 55.8 million, down 20.85% QoQ from Rs 70.5 million in Q3FY26, but up 108.21% YoY from Rs 26.8 million in Q4FY25. For the full year FY26, standalone PBT was Rs 197.9 million, a growth of 94.98% compared to Rs 101.5 million in FY25. Net Profit After Tax (PAT): For Q4FY26, standalone PAT was Rs 41.5 million, representing a growth of 27.69% QoQ from Rs 32.5 million in Q3FY26, and a surge of 1,876.19% YoY from Rs 2.1 million in Q4FY25. For the full year FY26, standalone PAT reached Rs 122.3 million, up 68.46% from Rs 72.6 million in FY25. Business Highlights Consolidated Segment Revenue Performance (FY26): Broking & Allied: Revenue increased to Rs 5,377.5 million compared to Rs 5,236.0 million in FY25. Interest: Revenue stood at Rs 120.4 million compared to Rs 126.0 million in FY25. Portfolio Management Services: Revenue decreased to Rs 121.7 million from Rs 195.3 million in FY25. Insurance Broking: Revenue grew to Rs 52.6 million from Rs 40.7 million in FY25. Investment/Trading in Securities/Land & others: Revenue was Rs 86.3 million compared to Rs 241.4 million in FY25. Consolidated Segment Result Performance (FY26): Broking & Allied: Result stood at Rs 1,561.8 million vs Rs 1,469.4 million in FY25. Insurance Broking: Result significantly improved to Rs 36.0 million vs Rs 21.3 million in FY25. Portfolio Management Services: Result declined to Rs 14.0 million from Rs 30.2 million in FY25. Strategic Decision on Mutual Funds: The Board was intimated that Master Capital Services Limited, a Wholly Owned Subsidiary Company, had received In-principle approval from SEBI for sponsoring/setting up of mutual funds. However, the company has decided to defer the same for the time being. Directorate Changes: The Board approved the proposal for the appointment of Mr. Puneet Singhania and Mr. Jashanjyot Singh Arora as Additional Directors, subject to receiving prior approval from the Reserve Bank of India. Internal Audit: Re-appointment of M/s Romesh K. Aggarwal & Associates, Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-2027 was approved. Result PDF