Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting comprising financial results, management changes, and promoter reclassification
Audit Opinion:
Unmodified opinion by B S R & Associates LLP for both standalone and consolidated financial results
Key Financial Highlights [in lakhs]:
Standalone Results:
Revenue from Operations: ₹11,738.17 (Q1 FY27) vs ₹12,945.79 (Q4 FY26) -9.3% QoQ; vs ₹10,941.00 (Q1 FY26) +7.3% YoY
Total Income: ₹12,738.17 (Q1 FY27) vs ₹14,945.79 (Q4 FY26) -14.8% QoQ; vs ₹11,941.00 (Q1 FY26) +6.7% YoY
Net Profit: ₹1,428.28 (Q1 FY27) vs ₹1,493.96 (Q4 FY26) -4.4% QoQ; vs ₹1,793.96 (Q1 FY26) -20.4% YoY
EPS: ₹0.51 (Basic and Diluted)
Other Equity: Not specified for quarter
Consolidated Results:
Revenue from Operations: ₹16,040.37 (Q1 FY27) vs ₹18,180.95 (Q4 FY26) -11.8% QoQ; vs ₹14,400.69 (Q1 FY26) +11.4% YoY
Total Income: ₹16,896.70 (Q1 FY27) vs ₹18,956.95 (Q4 FY26) -10.9% QoQ; vs ₹15,329.69 (Q1 FY26) +10.2% YoY
Net Profit: ₹1,982.84 (Q1 FY27) vs ₹1,746.98 (Q4 FY26) +13.5% QoQ; vs ₹2,866.54 (Q1 FY26) -30.8% YoY
Profit attributable to Owners: ₹1,980.00
EPS: ₹0.71 (Basic and Diluted)
Other Equity: ₹117,326.25 (as of 31 March 2026)
Segment-wise Performance [in lakhs]:
The Group has two reportable segments:
Wealth Management Segment (Q1 FY27):
Segment Revenue: ₹15,354.59
Segment Results: ₹2,044.23
Segment Assets: ₹152,652.66
Other Services Segment (Q1 FY27):
Segment Revenue: ₹862.11
Segment Results: ₹21.09
Segment Assets: ₹17,174.40
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Director Changes:
- Mr. C J George (DIN: 00003132) to cease as Managing Director effective 1st October 2026 and continue as Executive Chairman
- Mr. Jones George (DIN: 06674021) appointed as Managing Director effective 1st October 2026 for five years, subject to shareholder approval
- Mr. Arun K Vijayan IAS (DIN: 09580742) appointed as Nominee Director (KSIDC) replacing Mr. Vishnuraj P IAS (DIN: 10701056) effective 22nd July 2026
Promoter Reclassification:
Board approved reclassification of 10 promoter group members holding aggregate 208,173 shares (0.0745% of paid-up equity) from 'Promoter/Promoter Group' to 'Public' category, subject to stock exchange and shareholder approvals.
List of outgoing promoter group members:
1. Eldho Abraham - 45,569 shares (0.0163%)
2. Sara Macheril George - 40,000 shares (0.0143%)
3. Binoy Abraham - 30,971 shares (0.0111%)
4. Emali Rajan - 29,166 shares (0.0104%)
5. Joel Lazar - 28,749 shares (0.0103%)
6. Jerin Lazar - 24,318 shares (0.0087%)
7. Sally Sampath - 5,900 shares (0.0021%)
8. Susan Raju - 3,500 shares (0.0013%)
9. Lazar M A - 0 shares
10. Saramma Thomas - 0 shares
Postal Ballot:
Board decided to conduct postal ballot for shareholder approval on:
- Appointment of Mr. Jones George as Managing Director
- Appointment of Mr. Arun K Vijayan as Nominee Director
- Reclassification of promoter group members
Other Significant Information:
Labour Code Impact:
- Government notified four Labour Codes on 21 November 2025
- Group recorded incremental impact of ₹885.63 lakhs as exceptional item for FY26
- Company recorded incremental impact of ₹758.34 lakhs as exceptional item for FY26
Subsidiaries and Associates:
Consolidation includes:
- Geojit Investments Limited (Subsidiary)
- Geojit Technologies Private Limited (Subsidiary)
- Geojit Credits Private Limited (Subsidiary)
- Geojit Fintech Private Limited (Subsidiary)
- Qurum Business Group Geojit Securities LLC (Subsidiary)
- Geojit Private Wealth (DIFC) Limited (Subsidiary)
- Geojit IFSC Limited (Subsidiary)
- Barjeel Geojit Financial Services LLC (Joint venture)
- BBK Geojit Business Consultancy and Information KSC(C) (Associate)
Auditor Qualifications:
- Two subsidiaries with revenues of ₹773.02 lakhs reviewed by other auditors
- Four subsidiaries with revenues of ₹297.52 lakhs not reviewed
- Associate and joint venture results not reviewed but considered immaterial