Swastika Investmart Limited reported significant financial declines for FY 2025-26, with standalone revenue decreasing 19.60% to ₹10,872.31 lakhs and profit after tax falling 34.32% to ₹1,453.39 lakhs. Consolidated performance showed similar trends with total income down 21.72% to ₹11,016.88 lakhs and net profit declining 34.49% to ₹1,303.06 lakhs.
The company completed a capital restructuring by converting 5,57,000 warrants into 27,85,000 equity shares, raising ₹1,299.20 lakhs for working capital requirements. This increased the paid-up equity share capital to ₹401.97 lakhs. The Board recommended a 30% dividend (₹0.60 per share) subject to shareholder approval at the 34th AGM scheduled for June 25, 2026.
Regulatory developments included receiving SEBI Research Analyst registration and AIF approval for Bharat Growth Fund through subsidiary Avisa Wealth Manager. The company paid monetary penalties aggregating ₹9.29 lakhs to exchanges for technical compliance issues, though these had no material operational impact.
Subsidiary changes included disposing of 70% stake in Swastika Insurance Broking Services, which became an associate company. The group structure now comprises three wholly-owned subsidiaries and one associate. Auditors issued an unmodified opinion on consolidated financial statements, noting reliance on other auditors for subsidiary audits.
Key management changes included Mr. Parth Nyati's designation as CEO, with the AGM agenda including revision of his remuneration and reappointment of Mrs. Anita Nyati who retires by rotation. The company spent ₹33.55 lakhs on CSR activities against the required ₹33.42 lakhs obligation.
Future focus remains on building a resilient and diversified financial services platform across stock broking, merchant banking, research, debt segment, and alternative investment funds, with emphasis on technology enhancement and product suite expansion.