Date: 22.07.2026

Financial Performance Summary

Consolidated Financial Highlights (₹ in Crore)

| Particulars | Q1 FY27 | Q1 FY26 | YoY Change | Q4 FY26 | QoQ Change |

| Total Revenue from Operations | 160.40 | 144.01 | +11% | 181.81 | -12% |

| Profit Before Tax (PBT) | 25.99 | 36.64 | -29% | 24.94 | +4% |

| Profit After Tax (PAT) | 19.83 | 28.67 | -31% | 17.47 | +14% |

| EPS (₹) | 0.71 | 0.99 | -28% | 0.63 | +13% |

Performance Analysis

Revenue Growth: Total Revenue from Operations stood at ₹160.40 crore in Q1 FY27, registering 11% year-on-year growth from ₹144.01 crore in Q1 FY26. However, revenue declined 12% quarter-on-quarter from ₹181.81 crore in Q4 FY26.

Profitability Trends: Profit Before Tax (PBT) decreased by 29% YoY to ₹25.99 crore from ₹36.64 crore in Q1 FY26, but showed a modest 4% sequential improvement from ₹24.94 crore in Q4 FY26. Profit After Tax (PAT) declined 31% YoY to ₹19.83 crore from ₹28.67 crore, but increased 14% QoQ from ₹17.47 crore in Q4 FY26.

Cost Structure: Employee cost increased by ₹18 crore year-on-year, primarily driven by:

  • Increase in headcount of sales personnel
  • New hires for the DIFC subsidiary
  • Expansion of the IT team to support technology transformation project
  • Higher employee incentives in line with growth in distribution business

The company maintained a disciplined cost structure while investing in capabilities expected to strengthen productivity, customer engagement and operating leverage over the medium term.

Operational Metrics

Customer Metrics:

  • Customer Assets: ₹1.11 lakh crore as of 30 June 2026
  • Client Base: 16.96 lakh clients (added 30,176 new clients during Q1 FY27)
  • Employee Strength: 3,578 employees

Business Segment Performance:

  • Asset Management Business AUM: ₹1,778 crore
  • Mutual Fund Equity AUM: ₹18,501 crore
  • Monthly SIP Book: ₹151 crore
  • Insurance Gross Premium: ₹103 crore
  • Lending Book: ₹755 crore

Infrastructure:

  • 525 offices across India
  • 79% of branches located in Tier 2 and Tier 3 markets
  • 77% of clients located in Tier 2 and Tier 3 markets
  • Strong presence in GCC region through operations and partnerships in UAE, Oman, Kuwait, and Bahrain

Management Changes

Succession Plan:

  • Mr. C J George will cease to hold office as Managing Director effective 1st October 2026
  • Mr. C J George will continue as Executive Chairman of the Company

New Appointment:

  • Mr. Jones George (currently Executive Director/Whole-time Director) appointed as Managing Director effective 1st October 2026
  • Appointment is for five consecutive years, subject to shareholder approval
  • Mr. Jones George (35 years) has been associated with the company since 2013, serving as Manager - Digital Media Specialist, Chief Digital Officer (2018), and Executive Director (2021)

Business Strategy

The company continued to strengthen its assisted-led wealth platform through:

  • Sustained client acquisition
  • Continued investments in technology and distribution capabilities
  • Deeper customer engagement across diversified product portfolio
  • Product offerings include broking, mutual funds, insurance, PMS, lending, and financial planning

Continued investments were made towards technology, digital platforms, customer engagement initiatives, and field-force expansion to support long-term scalable growth.

Company Overview

Geojit Financial Services Ltd is described as one of India's leading investment services companies with a differentiated phygital wealth distribution model that combines digital convenience with relationship-led advisory. The company has over three decades of experience and offers comprehensive financial solutions including equity and derivatives broking, mutual funds, portfolio management services (PMS), insurance distribution, lending solutions, and financial planning.