Conference Call with Share India Securities Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Share India Securities announced Q1FY27 results Consolidated Financial Highlights: Total Income: The consolidated total income for Q1FY27 stood at Rs 45,155.38 lakh, representing an increase of 7.28% QoQ from Rs 42,091.77 lakh in Q4FY26 and a growth of 31.03% YoY from Rs 34,460.59 lakh in Q1FY26. Revenue from Operations: Consolidated revenue reached Rs 44,809.22 lakh in Q1FY27, up 7.74% QoQ from Rs 41,591.30 lakh in Q4FY26 and 31.25% YoY from Rs 34,141.14 lakh in Q1FY26. Net Profit: The company reported a consolidated net profit for the period of Rs 12,441.08 lakh in Q1FY27, marking a substantial QoQ growth of 114.36% compared to Rs 5,803.89 lakh in Q4FY26 and an increase of 47.45% YoY from Rs 8,437.72 lakh in Q1FY26. Profit Before Tax: Profit before tax for Q1FY27 was Rs 16,378.70 lakh, up 102.30% QoQ from Rs 8,096.27 lakh in Q4FY26 and up 47.96% YoY from Rs 11,069.88 lakh in Q1FY26. Earnings Per Share (EPS): The Basic EPS for Q1FY27 was Rs 5.67, significantly higher than Rs 2.61 in Q4FY26 and Rs 3.86 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 35,355.47 lakh, which was a decrease of 9.17% QoQ from Rs 38,924.49 lakh in Q4FY26, but an increase of 27.73% YoY compared to Rs 27,679.71 lakh in Q1FY26. Revenue from Operations: Standalone revenue from operations stood at Rs 34,955.01 lakh in Q1FY27, declining 8.95% QoQ from Rs 38,390.61 lakh in Q4FY26 while growing 27.97% YoY from Rs 27,314.31 lakh in Q1FY26. Net Profit: Standalone net profit reached Rs 9,085.39 lakh in Q1FY27, growing 21.21% QoQ from Rs 7,495.48 lakh in Q4FY26 and 32.19% YoY from Rs 6,872.91 lakh in Q1FY26. Net Worth: The standalone net worth of the company improved to Rs 2,32,719.63 lakh as of Q1FY27, compared to Rs 2,23,406.19 lakh reported at the end of FY26. Business Highlights: Segment Performance: Share Broking/Trading Business: Contributed Rs 42,658.02 lakh in Q1FY27 compared to Rs 39,718.96 lakh in Q4FY26. NBFC Business: Reported revenue of Rs 1,456.64 lakh in Q1FY27, up from Rs 1,368.83 lakh in Q4FY26. Merchant Banking Business: Generated Rs 503.06 lakh in Q1FY27. Technology Services: Reported revenue of Rs 368.79 lakh in Q1FY27. Dividend: The Board declared a 1st interim dividend of Re 0.50 (Fifty Paisa Only) per equity share of Rs 2 each for the financial year 2026-27. Inorganic Growth: The company approved the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited. Fund Raising & Debt: The company approved the issuance of Non-Convertible Debentures (NCDs)/Commercial Papers up to Rs 20,000.00 lakh. Allotment of 50,000 NCDs (Series C) of face value Rs 10,000 each was approved on July 8, 2026. Early Redemption: The Board approved a proposal on May 19, 2026, for the early redemption of 9,990 secured NCDs aggregating to Rs 99.90 crore (Series A & B) due to practical difficulties in obtaining approvals for the revision of objects/end-use. Amalgamation Update: The company has filed the requisite petitions before the Hon’ble National Company Law Tribunal for the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with the Company, following approvals from stakeholders on March 13, 2026. Management commentary: “We are pleased to begin FY27 with a strong performance, delivering our highest-ever quarterly net profit and healthy growth across key financial metrics. During the quarter, we continued to expand our client base, MTF book, branch & franchise ecosystem, while our other business segments also contributed to improved profitability. We remain focused on disciplined execution, leveraging technology, and strengthening our diversified financial services platform to drive sustainable long-term growth and create value for all our stakeholders.” Result PDF
Capital Markets company Share India Securities announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Revenue from Operations: Consolidated revenue for Q4FY26 was Rs 41,591.30 lakh, a growth of 11.81% QoQ from Rs 37,197.47 lakh and 73.70% YoY from Rs 23,943.69 lakh. For the full year FY26, consolidated revenue was Rs 1,47,025.58 lakh. Total Income: Consolidated total income for Q4FY26 was Rs 42,091.77 lakh, up 11.62% QoQ and 73.49% YoY. For FY26, total income stood at Rs 1,48,884.97 lakh. Profit After Tax (Net Profit): Net profit for Q4FY26 was Rs 5,803.89 lakh, representing a QoQ decrease of 34.64% from Rs 8,880.45 lakh but a YoY increase of 211.27% from Rs 1,864.60 lakh. For the full year FY26, consolidated net profit was Rs 32,444.16 lakh. Earnings Per Share (EPS): Basic EPS for Q4FY26 was Rs 2.61. For the full year FY26, basic EPS was Rs 14.79 compared to Rs 15.58 in FY25. Standalone Financial Highlights: Total Revenue from Operations: In Q4FY26, revenue stood at Rs 38,390.61 lakh, representing a QoQ growth of 25.86% from Rs 30,502.02 lakh in Q3FY26 and a YoY increase of 104.64% from Rs 18,759.83 lakh in Q4FY25. For the full year FY26, revenue reached Rs 1,22,727.35 lakh compared to Rs 1,13,780.72 lakh in FY25. Total Income: The total income for Q4FY26 was Rs 38,924.49 lakh, up 25.54% QoQ and 103.38% YoY. For the full year FY26, total income was Rs 1,24,679.52 lakh. Profit Before Tax: For Q4FY26, profit before tax was Rs 9,994.98 lakh, a decrease of 6.55% QoQ from Rs 10,695.31 lakh, but an increase of 491.55% YoY from Rs 1,689.62 lakh. Profit After Tax (Net Profit): The company reported a net profit of Rs 7,495.48 lakh for Q4FY26, showing a QoQ decrease of 7.07% from Rs 8,066.16 lakh and a YoY increase of 362.59% from Rs 1,620.34 lakh. The annual net profit for FY26 was Rs 29,769.04 lakh, a growth of 20.70% over FY25. Earnings Per Share (EPS): Basic EPS for Q4FY26 was Rs 3.43. The basic EPS for the full year FY26 stood at Rs 13.61 compared to Rs 11.73 in FY25. Business Highlights: Dividend: The Board of Directors has recommended a final dividend of Re 0.50/- per equity share of Rs 2/- each for the financial year ended March 31, 2026, subject to shareholder approval. Early Redemption of NCDs: The Board approved a proposal for the early redemption of 9,990 secured, rated, listed, taxable, and redeemable Non-Convertible Debentures (NCDs) aggregating to Rs 99.90 crore. Amalgamation Update: The company received No Objection Letters from BSE and NSE regarding the amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited. Stakeholders approved the scheme on March 13, 2026. Strategic Investments: The Finance Committee approved several investments during the year, including up to Rs 4,100 lakh in Master Trust Limited, Rs 3,000 lakh in Metropolitan Stock Exchange of India Limited (MSE), and Rs 4,999.99 lakh in Share India Fincap Private Limited. Fund Raising: The Board and shareholders approved the raising of funds via Foreign Currency Convertible Bonds (FCCBs) up to an aggregate amount of USD 20 million on a private placement basis. New Registrations: The company was activated as a Depository Participant with National Securities Depository Limited (NSDL) effective February 24, 2026. Segment-wise Performance (Consolidated - FY26): Share Broking/ Trading Business: Recorded revenue of Rs 1,38,784.39 lakh and a segment profit of Rs 53,389.97 lakh. Merchant Banking Business: Reported revenue of Rs 2,397.25 lakh and a segment profit of Rs 858.99 lakh. NBFC Business: Generated revenue of Rs 5,552.63 lakh with a segment profit of Rs 2,496.55 lakh. Technology Services: Revenue stood at Rs 1,281.52 lakh with a segment profit of Rs 318.82 lakh. Insurance Business: Achieved revenue of Rs 869.18 lakh and a segment profit of Rs 111.61 lakh. Management Comments: “Share India Securities Limited continued to strengthen its business operations during Q4 and FY26 through focused execution, business diversification, and investments in growth initiatives. During the quarter, the Company took strategic steps to expand its product and service offerings. Share India Cred Capital Private Limited was incorporated to build a fixed-income and investment product distribution business, while Share India Wealth Multiplier Solutions Private Limited was established to undertake Category III AIF, Portfolio Management Services, and other allied activities. The Company continued to invest in technology, operational capabilities, and scalable platforms to support future growth. On a year-on-year basis, the Company witnessed steady business growth supported by its diversified business model and continued focus on execution in view of business headwinds. The management remains focused on disciplined growth, regulatory compliance, operational efficiency, and creating long-term value for stakeholders.” Result PDF
Capital Markets company Share India Securities announced Q3FY26 results Revenue Rs 3,720 million YoY growth: 8.7%. EBITDA Rs 1,561 million YoY growth: 18.9%. EBITDA Margin 42.0% for Q3FY26. Net Profit Rs 888 million YoY growth: 8.0%. Basic EPS: Rs 4.06 for Q3FY26. Management Commentary: “Share India Securities Limited continued its growth trajectory in Q3 and 9MFY26, supported by robust financial performance, strategic investments, and forward-looking expansion initiatives. The Indian capital market demonstrated resilience, despite muted investor activity during the period. During the quarter, the Company undertook key strategic steps to strengthen its business. Share India Wealth Multiplier Solutions Private Limited, a wholly owned subsidiary, was incorporated to undertake Category III AIF, Portfolio Management Services, and other Board-approved activities in line with the Company’s growth strategy. The Finance Committee also approved the allotment of 3,500 Secured, Listed, Rated, Taxable, Redeemable Non-Convertible Debentures (NCDs) of face value Rs 1,00,000 each, aggregating to Rs 35 crore, on a private placement basis. Share India Cred Capital Private Limited, a subsidiary, was incorporated to develop a technology-driven fixed-income and investment distribution platform in India. These initiatives aim to expand the Company’s client-serving capabilities, enhance its product portfolio, and create long-term shareholder value. On the operational front, the Company reported a modest increase in revenue and profitability on a year-on-year basis. The management remains focused on prudent capital allocation, regulatory compliance, and sustainable growth while navigating a dynamic industry landscape.” Result PDF
Capital Markets company Share India Securities announced Q2FY26 results Total Revenue from Operations: Rs 341 crore compared to Rs 341 crore during Q1FY26. EBITDA: Rs 164 crore compared to Rs 141 crore during Q1FY26, change 16% QoQ. EBITDA Margin: 48.22% for Q2FY26. PAT: Rs 93 crore compared to Rs 84 crore during Q1FY26, change 10% QoQ. EPS: Rs 4.25 for Q2FY26. Broking business: Number of Clients: The total number of clients serviced during the quarter was 46,549. Average Daily Turnover: The average daily turnover stood at Rs 7,500 crore for the Q2FY26. Number of Institutional Clients: The institutional client base grew to 154. Investment Banking: Number of Deals Completed: We have successfully listed 3 companies and filed 7 DRHPs during H1FY26. NBFC business: Loan Book: The loan book totalled Rs 253 crore, with the business mix remaining consistent. NIMs: Net Interest Margins for Q2FY26 remained strong at 4.24%. Number of NBFC Clients: The total number of NBFC clients serviced during the quarter was 43,770 spread across 79 branches. Mutual Fund Business: Total Assets under Administration (AUA): AUA reached Rs 197 crore. Active MF Customers: The number of active mutual fund customers serviced during the quarter rose to 14,699. Sachin Gupta, CEO & Whole-time Director, Share India Securities, said: “Share India Securities Limited continued its growth trajectory in Q2 and H1FY26, supported by robust financial performance, strategic investments, and forward-looking expansion initiatives. The Indian capital market demonstrated resilience, with sustained investor activity during the period. The Board approved raising funds through the issuance of Foreign Currency Convertible Bonds (“FCCBs”) of up to USD 50 million on a private placement basis. Additionally, the Board approved the incorporation of a new subsidiary under the proposed name ‘Share India Greyhill Private Limited’, which will focus on developing India’s technology-driven fixed income and investment distribution platform. The Company earlier decided to pursue new avenues for growth through Share India Wealth Multiplier in asset management. These strategic initiatives aim to strengthen the Company’s client-serving capabilities and help develop vast product portfolio. In the Merchant Banking segment, Share India Capital filed seven DRHPs (one Main-Board IPO and six SME IPOs), reflecting a strong and diversified deal pipeline and reinforcing its execution capabilities in the primary market. On the operational front, the Company maintained steady revenue and delivered a modest increase in profitability on a QoQ basis. The management remains focused on prudent capital allocation, regulatory compliance, and sustainable value creation while navigating a dynamic industry landscape.” Result PDF
Capital Markets company Share India Securities announced Q1FY26 results Revenue from Operations: Rs 341 crore compared to Rs 414 crore during Q1FY25, change -18%. EBITDA: Rs 141 crore compared to Rs 154 crore during Q1FY25, change -8%. EBITDA Margin: 41% for Q1FY26. PAT: Rs 84 crore compared to Rs 103 crore during Q1FY25, change -18%. PAT Margin: 25% for Q1FY26. EPS: Rs 3.86 for Q1FY26. Sachin Gupta – CEO & Whole-time Director of Share India Securities, said: “We are pleased with the consistent progress achieved during Q1FY26, reflecting our continued focus on business expansion and strategic diversification. Our broking business maintained its upward momentum, with a healthy increase in client acquisition and trading activity. We are also excited to welcome fintech veteran Mr. Prabhakar Tiwari as he joins us as a strategic partner in our new WealthTech venture Project Drone. An alumnus of IIM Bangalore and a marketing gold medalist, Mr. Tiwari is a renowned name in the digital broking space, having previously led some of India’s top discount brokerage platforms. His transition from accomplished fintech executive to startup founder brings deep expertise in driving digital transformation and customer-centric innovation. Project Drone, currently in the process of obtaining the necessary regulatory approvals, is set to redefine wealth management in India. With Share India as a strategic partner, the venture aims to bridge critical gaps in the country's wealth management ecosystem by delivering intelligent, technology-led solutions tailored to emerging and mass affluent Indians, particularly across Tier 2, 3, and 4 cities. By leveraging behavioral finance algorithms, vernacular-first interfaces, and institutional-grade tools adapted for retail investors, Project Drone seeks to democratize access to sophisticated wealth management services and empower a broader segment of the population. A major milestone this quarter was obtaining SEBI approval to launch our Portfolio Management Services (PMS). This marks a significant step forward in our efforts to strengthen fee-based revenue streams and expand our product offerings for HNI and affluent clients. Result PDF
Capital Markets company Share India Securities announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Revenue from Operations declined by 49% to Rs 239 crore from Rs 465 crore. EBITDA (Incl. Other Income) fell by 68% to Rs 56 crore from Rs 175 crore. EBITDA Margin contracted to 23% from 38%. PAT dropped by 84% to Rs 19 crore from Rs 116 crore. PAT Margin declined to 8% from 25%. EPS fell sharply to Rs 0.7 from Rs 6.4. FY25 Financial Highlights: Total Revenue from Operations decreased slightly by 2% to Rs 1,449 crore from Rs 1,483 crore. EBITDA (Incl. Other Income) declined by 19% to Rs 538 crore from Rs 663 crore. EBITDA Margin reduced to 37% from 45%. PAT fell by 23% to Rs 328 crore from Rs 426 crore. PAT Margin contracted to 23% from 29%. EPS declined to Rs 15.6 from Rs 25.4. Commenting on the performance, Sachin Gupta – CEO & Whole-time Director of Share India Securities said, “FY25 has been a year of strategic transformation and robust growth across multiple verticals for Share India. We are pleased to report a 31% year-on-year increase in our broking client base, rising from 35,380 in FY24 to 46,252 in FY25, alongside a doubling of our institutional client count. This reflects our consistent efforts in expanding our presence. The revenue growth had been impacted with the implementation of the recent regulations of discontinuation of the weekly contracts and true to label transaction charges potentially affecting trading volumes and revenue streams. This has been offset by growth in non-brokerage business mainly through MTF and merchant banking divisions. Despite regulatory headwinds leading to a reduction in our Average Daily Turnover (ADTO) from Rs 11,000 crore to Rs 7,300 crore, we remain focused on sustainable and diversified revenue streams. One of the key highlights this year is the 73% growth in our active mutual fund customers increasing to 11,421. We successfully executed 6 SME IPOs during the year, further cementing our capabilities in the capital markets space. We also received SEBI approval to commence PMS operations, broadening our wealth management offerings. This reflects strong progress in our retail and fee-based offerings. Additionally, the incorporation of Silverleaf Securities Research Private Limited enhances our capabilities in proprietary trading and research-driven broking services. The investment in the Metropolitan Stock Exchange of India (MSE) reflects our commitment to building long-term value. Looking ahead, our strategic focus will continue to be on expanding our institutional customers, driving innovation through technology, and scaling fee-based businesses. We aim to deepen our engagement with High-Frequency Trading (HFT) clients and further enhance retail participation through services such as the Margin Trading Facility. Our ambition is clear—to evolve into a full-scale financial conglomerate that delivers sustainable growth and value across stakeholders.” Result PDF