Summary of Key Information:
Reporting Period: Quarter and Half Year Ended 30th September 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean - Limited Review Report by Statutory Auditors M/s. S. Ramanand Aiyar & Co. raised no objections or qualifications.
Key Financial Highlights [Rs. in Lakhs]:
Standalone Results:
Quarter Ended 30.09.2026:
- Revenue from Operations: ₹114.93
- Brokerage & Commission: ₹110.48
- Income from Depository Services: ₹3.67
- Financial Product Marketing Fees: ₹0.78
- Revenue from Others: ₹89.41
- Interest Received: ₹36.75
- Dividend Received: ₹9.37
- Profit on Sale of Investments: ₹32.53
- Profit on Sale of Assets (Net): ₹8.04
- Other Income: ₹2.72
- Total Income: ₹204.34
- Total Expenses: ₹87.98
- Employee Benefit Expenses: ₹39.46
- Professional Fees & Service Charges: ₹11.29
- Finance Costs: ₹0.52
- Depreciation: ₹2.49
- Other Expenditure: ₹34.22
- Profit before Tax: ₹116.36
- Tax Expense: ₹-0.00 (Nil)
- Profit after Tax: ₹116.36
- Other Comprehensive Loss: ₹(350.32) [Remeasurement of Losses on Non-Current Investments]
- Total Comprehensive Loss: ₹(233.96)
- EPS Basic: ₹0.20 (Not annualized)
- EPS Diluted: ₹0.20 (Not annualized)
Half Year Ended 30.09.2026:
- Revenue from Operations: ₹222.09
- Total Income: ₹355.77
- Profit before Tax: ₹174.58
- Profit after Tax: ₹174.58
- Other Comprehensive Income: ₹325.20
- Total Comprehensive Income: ₹499.78
- EPS Basic: ₹0.59 (Not annualized)
- EPS Diluted: ₹0.59 (Not annualized)
Comparative Performance (YoY):
Q2 FY26 Net Profit: ₹116.36 lakhs vs Q2 FY25: ₹108.54 lakhs (7.2% increase)
H1 FY26 Net Profit: ₹174.58 lakhs vs H1 FY25: ₹182.25 lakhs (4.2% decrease)
Balance Sheet Position [As at 30.09.2026, Rs. in Lakhs]:
- Total Assets: ₹5,974.42
- Non-Current Assets: ₹3,570.05
- Property, Plant and Equipment: ₹7.25
- Investment Property: ₹130.81
- Intangible Assets: ₹3.41
- Non-Current Investments: ₹3,058.13
- Other Non-Current Assets: ₹370.45
- Current Assets: ₹2,404.37
- Trade Receivables: ₹19.33
- Cash and Cash Equivalents: ₹567.26
- Bank Balance other than Cash: ₹1,688.94
- Other Current Financial Assets: ₹102.62
- Other Current Assets: ₹26.22
- Equity: ₹4,915.92
- Equity Share Capital: ₹1,471.81
- Other Equity: ₹3,444.11
- Non-Current Liabilities: ₹877.69
- Borrowings: ₹70.00
- Provisions: ₹763.45
- Deferred Tax Liability: ₹12.99
- Other Non-Current Financial Liabilities: ₹31.25
- Current Liabilities: ₹180.81
- Trade Payables: ₹131.76
- Other Current Financial Liabilities: ₹48.35
- Provisions: ₹0.70
Corporate Actions:
Not Specified
Other Significant Information:
- The merger of wholly owned subsidiary Maximus Securities Limited with the company was approved by NCLT vide order dated 16th October 2025, effective from 1st April 2024
- The company received Certified True Copy of the NCLT order on 8th December 2025
- The company has unabsorbed Depreciation and Carry Forward Losses under Income Tax Act, 1961
- Deferred Tax not recognized due to lack of clear visibility of future earnings
- Other Expenditure includes ₹7.79 lakhs paid to BSE and NSE towards Annual Listing Fees and to CDSL and NSDL towards Annual Custodial Fees for H1 FY26
- Provisions and Write Offs of ₹2.67 lakhs for H1 FY26 represents Debit Balances of Depository Clients outstanding for more than three years and not recoverable
- The company reversed Contingency Provision of ₹465.07 lakhs in previous year which are no longer required
- Bombay High Court sanctioned Scheme of Compromise under section 391 with Bankers and Trustees for Debenture Holders in 2005 and 2010
Cash Flow Statement [H1 FY26, Rs. in Lakhs]:
- Net Cash from Operating Activities: ₹84.44
- Net Cash from Investing Activities: ₹103.28
- Net Cash used in Financing Activities: ₹(0.71)
- Net Increase in Cash and Cash Equivalents: ₹187.01
- Cash and Cash Equivalents at beginning: ₹380.25
- Cash and Cash Equivalents at end: ₹567.26