Capital Markets company Share India Securities announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations: Revenue from operations experienced a strong growth of 23.58% YoY, driven primarily by the legacy business, along with contributions from the wealth management and merchant banking divisions. EBITDA Margins: EBITDA margins were stable at 41.96%, demonstrating solid operational leverage. The cost-to-income ratio, which includes staff costs and operating expenses, has largely aligned with previous benchmarks. Profit after Tax: Profit after tax reached Rs 124.3 crore for the quarter, marking an increase of 10.34% YoY. The Board declared 2nd interim dividend of Rs 0.50 per share on face value of Rs 2. H1FY25 Financial Highlights: Revenue from Operations: Revenue from operations experienced strong growth of 34.68% YoY. EBITDA Margins: EBITDA margins remained robust 39.63%, Profit after Tax: Profit after tax came in at Rs 227.2 crore in H1FY25 a growth of 16.59% over the same period last year. Net Worth: Net worth remained strong at Rs 2,257.8 crore as of 30th September 2024, reflecting an 85% YoY growth. Operational Highlights: Broking business: Number of Broking Clients: The total number of broking clients serviced during the quarter was 42,081, reflecting a robust YoY growth of 35% and a QoQ increase of 10%. Market Share in Options Broking: The market share in options broking has remained steady at approximately 3%. Average Daily Turnover: The average trading volume in Q2 of FY25 reached Rs 10,400 crore. Number of Institutional Clients: The institutional client base grew to over 113, marking a threefold increase from Q2FY24. Investment Banking: Number of Deals Completed: The total number of deals completed in the SME IPO sector remained robust, with 3 deals completed in H1FY25. Deals in Pipeline: The order pipeline is showing positive momentum, with 6 Draft Red Herring Prospectuses (DRHP) filed. NBFC business:Loan Book: The loan book totalled Rs 193.1 crore, with the business mix remaining consistent. Disbursements: Total disbursements for H1FY25 were Rs 90.8 crore, with Rs 57.8 crore disbursed in Q2FY25. NIMs: Net Interest Margins for Q2FY25 remained strong at 5.03%. Asset quality: GNPA at 6.11% with NNPA at 4.80%. Number of NBFC Clients: The total number of NBFC clients serviced during the quarter was 62,258, spread across 71 branches. Mutual Fund Business: Total Assets under Administration (AUA): AUA reached Rs 172 crore, reflecting a growth of 14.5% YoY. Active MF Customers: The number of active mutual fund customers serviced during the quarter rose to 7,669. Branches Offering MF Products: The total number of branches providing mutual fund products stood at 319. Sachin Gupta – CEO & Whole-time Director of Share India Securities said: “Our Q2FY25 business & financial performance was in line with our expectations. The revenue growth driven not just by our legacy business but also our fast growing wealth management and merchant banking divisions. Our differentiated products and service offerings have enabled us to grow at a healthy double digit pace. We continue to invest in our tech and digital infrastructure to offer seamless delivery on our financial product and services. In-line with our growth strategy, we are pleased to announce the approval of a proposal to establish a subsidiary offering AIF and PMS services. At the same time the Board has approved a fund raising of Rs 100 crore with a green shoe option of Rs 50 Crore for the working capital requirements for the planned growth. I would like to thank the entire Share India team and our stakeholders for their continued faith in us.” Result PDF
Capital Markets company Share India Securities announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: Revenues surged by 35.1% YoY, reaching 374 crore in Q3FY24. EBITDA recorded a growth of 29.5%, standing at 183 crore in Q3FY24. EBITDA Margins declined slightly from 50.9% (Q3FY23) to 48.8% (Q3FY24). Profit After Tax (PAT) saw a substantial YoY growth of 24.4%, reaching 115 crore in Q3FY24. PAT Margins decreased from 33.4% (Q3FY23) to 30.8% (Q3FY24). Q3FY24 saw an increase in the number of Broking Clients, reaching 32,886, compared to 31,063 in Q2FY24. The NBFC Loan Book showed growth, increasing from Rs 199.5 crore in Q2FY24 to Rs 235.5 crore in Q3FY24. Consolidated 9MFY24: Over the nine months, Revenues exhibited a substantial growth of 36.1%, reaching Rs 1,017 crore. EBITDA recorded an impressive YoY growth of 42.7%, standing at Rs 483 crore in 9MFY24. PAT demonstrated a significant YoY growth of 38.5%, reaching Rs 310 crore in 9MFY24. PAT Margins increased from 29.9% (9MFY23) to 30.4% (9MFY24). Commenting on the performance, Sachin Gupta – CEO & Whole-time Director of Share India Securities said, “We are pleased to report a remarkable performance in the past fiscal quarter, with our revenue experiencing an impressive YoY growth of 35%, reaching Rs 374 crore. Achieving our highest-ever quarterly profit after tax of Rs. 115 crores, representing a substantial 24% increase, underscores our sustained financial strength and strategic prowess. Our commitment to expanding our client base has yielded significant results, with a robust year-on-year growth of 38%, bringing our total broking clients to an impressive 32,886. Additionally, our NBFC witnessed a noteworthy 18% QoQ growth, reaching Rs 235.5 crore, reflecting the resilience and stability of our financial portfolio. Recognizing the importance of rewarding our shareholders, the board of directors are pleased to recommend an interim dividend of Rs 3 per share of face value of Rs 10 each. This is a testament to our dedication to sustainable growth and value creation for our stakeholders. We look forward to maintaining this positive momentum and delivering continued success in the upcoming quarters." Result PDF
Financial Services firm Share India Securities Announced Q1FY23 Result : The Consolidated Revenue of the Company grew by more than 50% year on year to Rs 233.24 Crore against Rs 154.63 Crore in the corresponding quarter last year. The Company, along with its subsidiaries, continued to maintain its track record of consistency in performance through the different market and macroeconomic cycles due to its diversified business model. The consolidated profit after tax (after minority interest) swelled from Rs 34.18 Crore to Rs 59.17 Crore. The Company has built a credible track record in building scale and delivering high growth consistently. Share India Securities Limited is a key player in the Indian derivative market segment and is a pioneer when it comes to technology and has maintained its position because of constant innovation and R&D.; Share India continues to develop its product portfolio and will expand its customer base along with enhancing customer experience. Going forward the company will further hone customers’ access to algorithm-based trading. Backed by its network of 850 AP/Franchises company’s Average Daily Turnover (ADTO) grew from Rs 9400 Crore last year in the corresponding first quarter to a staggering Rs 13,800 Crore this quarter. Earning per share grew from Rs 10.71 to Rs 18.47 YoY. Commenting on the announcement of results, Mr. Kamlesh Shah, Managing Director, Share India Securities Limited, said, “This Our growth has been made possible because of our continuous intent and investment in technology and provides clients with unparalleled trading experience. Even though there has been some uncertainty in the market, our company has shown significant growth owing to our strong fundamentals and commitment to our customers. “ Mr. Sachin Gupta, CEO, and Whole Time Director, Share India said, “We will continueto innovate in multiple directions to sustain this growth trajectory. The impetus will be on introducing world-class internet-based technology platforms that allow us to take the pole position in the retail market.” Result PDF
Share India Securities announces Q3FY22 results: PAT grows to Rs 48.8 crore. 105% and 177% YoY growth rate in revenue and PAT respectively. The total revenue of the company grew to Rs 203.2 crore in Q3FY22 from Rs 99.2 crore in the corresponding quarter for FY21. Net Profit for the period Q3FY22 grew to Rs 48.8 crores as compared Rs 17.6 crore in Q3FY21. Commenting on the announcement of results and outstanding growth, Kamlesh Shah, Managing Director, Share India Securities Limited, said, “Our continued massive growth in revenue and PAT alike are solid testimony of the sound business model of the company. Indian broking industry has grown substantially in last 2 years and we have been in forefront of that growth. Broking industry as whole will consolidate from here-on and your company becomes a partner of choice owing to economies of scale. In today’s world, technology is no less than a backbone, and with the help of the right technology acquisitions and appropriated customization of our products, we are growing in leaps and bounds.” “A key objective for the company is maintain its return ratios. We are happy that we have delivered ever highest ROCE and ROE in Q3 FY22. We are confident of maintaining our ROE’s with efficient utilization of incremental capital. We will try to enrich the experience of our clients by implementing new products and technology, so as to move hand and hand with the evolving times of the stock market. We will leave no stone unturned to live up to the expectations and hopes pinned on Share India Securities Limited as a company by all its stakeholders.” Result PDF