Key Financial Results - H2 FY26 (Consolidated)

  • Total Income: ₹1604.95 crore
  • EBITDA: ₹6.57 crore
  • Profit After Tax (PAT): ₹1.20 crore
  • Earnings Per Share (EPS): ₹0.31

Key Financial Results - FY26 (Consolidated)

  • Total Income: ₹1991.62 crore
  • EBITDA: ₹32.53 crore
  • Profit After Tax (PAT): ₹18.96 crore
  • Earnings Per Share (EPS): ₹4.95

Operational and Financial Highlights

  • The company invested approximately ₹5.40 crore towards computers and software to strengthen technology and operational infrastructure, resulting in higher depreciation during the year.
  • Profitability was impacted by loss from share trading activities of ₹22.93 crore during FY26.
  • Unrealized profit of ₹4.33 crore from Securities Lending and Borrowing Mechanism (SLBM) transactions has not been recognized in the financial statements and is expected to be realized in the upcoming quarter.
  • Current liabilities increased mainly due to SLBM borrowings of ₹47.34 crore during the period.

Management Commentary

Mr. Hitesh Lakhani, Chairman & Managing Director, stated that FY26 remained a challenging year for the capital markets industry with elevated volatility, tighter liquidity conditions, and moderation in trading activity impacting overall market sentiment across the broking ecosystem. The company remains focused on strengthening its technology platform, improving operational efficiencies, and maintaining a disciplined approach towards long-term growth and value creation.

Business Overview

Rikhav Securities Limited is a diversified stock market services provider incorporated in 1995 and formally launched in 2005. The company serves clients from High-Net-Worth investors to high-volume traders across major Indian exchanges. Business segments include:

  • Broking arm offering equity and derivatives trading
  • Market making for IPOs, working with 40-45 issuers last year
  • Proprietary trading division using algorithm-driven arbitrage, delta hedging and short-term trading strategies
  • Margin Trading Facility (MTF) extending credit to clients against holdings
  • Technology initiatives including paperless KYC, account-opening portal, and online trading app

The company got listed on the BSE SME platform on January 22, 2025, with an IPO of ₹88.82 crore.