Financial Performance Highlights

A.K. Capital Services Limited reported exceptional financial results for FY 2025-26, with standalone net profit surging 87.5% to ₹61.59 crore (₹6,158.92 lakhs) from ₹32.85 crore in the previous year. Standalone revenue increased 47.9% to ₹188.23 crore, while profit before tax grew 91% to ₹73.11 crore. On a consolidated basis, net profit rose 30.9% to ₹114.04 crore (₹11,404.48 lakhs) with total income of ₹573.02 crore, representing 18.4% growth year-over-year.

Dividend Declaration and Capital Structure

The Board recommended a final dividend of ₹22 per equity share, bringing the total dividend for FY26 to ₹60 per share (₹38 interim + ₹22 final), resulting in a significant cash outflow of ₹39.60 crore. The record date for the final dividend is August 21, 2026, with the register closing from August 22-29, 2026. The company maintains a paid-up equity capital of ₹6.60 crore (66 lakh shares of ₹10 each), with promoter holding at 72.16% and public holding at 27.84%.

Business Performance and Achievements

A.K. Capital Services, a SEBI-registered Category I Merchant Banker, demonstrated strong operational performance with several landmark municipal bond advisory transactions including Coimbatore (₹150.85 crore), Chennai Green Bonds (₹205.59 crore), Nashik (₹200 crore), Surat (₹200 crore), and others totaling over ₹1.1 billion. The company received prestigious awards including "India Bond House of the Year" at IFR Asia Awards 2023 and "Issuer Investment Banker/Merchant Banker of the year" by ASSOCHAM.

Corporate Governance and Subsidiaries

The company maintained robust corporate governance with unqualified audit reports, effective internal controls, and compliance with all regulatory requirements. The consolidated financial statements include seven subsidiaries: A.K. Capital Finance Limited (material subsidiary), A.K. Stockmart Private Limited, A.K. Wealth Management Private Limited, A.K. Capital Corporation Private Limited, A.K. Capital (Singapore) Pte. Ltd., Family Home Finance Private Limited, and A.K. Alternative Asset Managers Private Limited.

AGM Agenda and Shareholder Approvals

The 33rd Annual General Meeting scheduled for September 12, 2026, includes several important resolutions seeking shareholder approval for:

  • Issuance of Non-Convertible Redeemable Preference Shares up to ₹100 crore to fund expansion and working capital requirements
  • Material related party transactions totaling ₹12,300 crore with group entities including A.K. Capital Finance Limited (₹6,500 crore), A.K. Services Private Limited (₹3,750 crore), and others
  • Reappointment of directors including Mr. A.K. Mittal as Managing Director with revised remuneration of ₹30 lakh per month
  • Reappointment of Mr. Vinod Kumar Kathuria as Independent Director for a second term
  • Commercial paper issuance approval for aggregate outstanding up to ₹500 crore

Credit Ratings and Risk Management

The company maintained strong credit ratings with CARE A1+ for commercial paper and ACUITE AA- (Stable) for long-term instruments, reaffirmed during FY26. The risk management framework was assessed as adequate with no material weaknesses, and the company reported no significant material orders from regulators or courts impacting its going concern status.

Related Party Transactions and Compliance

All related party transactions were conducted at arm's length basis, with material transactions including purchase/sale of investments with A.K. Capital Finance Limited (₹818.46 lakhs/₹7,906.00 lakhs), subscription to CCPS (₹10,000.00 lakhs), corporate guarantees (₹27,500.00 lakhs), and dividend received (₹3,181.18 lakhs). The company fully utilized its CSR requirement of ₹76.84 lakhs and reported no sexual harassment complaints during the year.