Overview
Systematix Corporate Services Limited has disclosed its comprehensive FY26 financial results and notice for the 41st Annual General Meeting scheduled for September 22, 2026. The company reported strong standalone performance with revenue of ₹7,743.12 lakh and net profit of ₹2,502.09 lakh, while consolidated results showed revenue of ₹14,761.06 lakhs and profit of ₹1,383.71 lakhs across its merchant banking and financial services segments.
Financial Performance Highlights
Standalone Results: Revenue from operations reached ₹7,743.12 lakh (up from ₹6,819.62 lakh previous year) with profit after tax of ₹2,502.09 lakh. The board recommended a final dividend of ₹0.10 per share subject to shareholder approval.
Consolidated Performance: Total income stood at ₹14,761.06 lakhs with segment-wise breakdown showing Merchant Banking contributing ₹7,732.46 lakhs with profit of ₹3,604.77 lakhs, while Financing and Transactional Services segments reported losses. The company maintained healthy financial position with total assets of ₹43,538.76 lakhs and equity share capital of ₹1,372.50 lakhs.
AGM Details and Corporate Governance
The 41st AGM will be held virtually on September 22, 2026, with key agenda items including adoption of financial statements, dividend declaration, and re-appointment of directors. Mr. Nikhil Khandelwal is proposed for re-appointment as Managing Director for three years with remuneration up to ₹60 lakh per annum plus performance bonuses. Mrs. Anju Khandelwal, retiring by rotation, also seeks re-appointment.
Corporate Actions and Employee Benefits
The company implemented the Systematix Employee Stock Option Scheme 2025, granting 743,908 options with weighted average exercise price of ₹130.92, recognizing ₹139.40 lakhs in ESOP expenses. An exceptional item of ₹61.47 lakhs was recorded for increased gratuity liability due to implementation of new Labour Codes effective November 2025.
Regulatory Compliance and Subsidiaries
Systematix maintains SEBI registration as Category I Merchant Banker and complies with RBI regulations, achieving CRAR of 2.56. The company has 5 wholly-owned subsidiaries and 2 subsidiary LLPs, with material subsidiaries being Systematix Shares and Stocks (India) Limited and Systematix Fincorp India Limited. All related party transactions were conducted at arm's length and in ordinary course of business.
Voting and Shareholder Information
Remote e-voting will be available through CDSL from September 19-21, 2026, with Mrs. Sonam Jain appointed as scrutinizer. Shareholding pattern shows promoters holding 70.58% and public shareholders 29.42%. The company has dematerialized 97.22% of its shares with physical holdings at 2.78%.
Auditor Assurance and Sign-off
Auditors Shah & Taparia provided unmodified opinion, confirming true and fair view of financial statements. Key audit matters included revenue recognition and expected credit loss on trade receivables. Internal financial controls were found adequate and operating effectively. The financial statements were approved by the board on April 29, 2026 in Mumbai.