Company Overview

Systematix Corporate Services Limited (Scrip Code: 526506) reported its financial results for FY 2025-26 and submitted regulatory filings for its 41st Annual General Meeting. The company operates primarily in merchant banking services with additional segments in financing activities and equity/commodity transactional services.

Financial Performance

Consolidated Results

  • Total Income: ₹14,761.06 lakh (FY26) vs ₹16,886.79 lakh (FY25), representing a 12.6% decrease
  • Revenue from Operations: ₹14,617.47 lakh, comprising interest income of ₹2,059.61 lakh and service income of ₹12,557.86 lakh
  • Profit before tax: ₹2,270.87 lakh, significantly lower than FY25's ₹5,709.15 lakh
  • Profit after tax: ₹1,383.71 lakh, down from ₹4,576.13 lakh in FY25
  • Earnings per share: ₹1.01 per share of ₹1 each

Standalone Performance

  • Revenue from Operations: ₹7,743.12 lakh
  • Other Income: ₹87.33 lakh
  • Profit Before Tax: ₹3,393.87 lakh
  • Profit After Tax: ₹2,502.09 lakh
  • EPS: ₹1.83

AGM and Corporate Governance

41st Annual General Meeting

  • Date: September 22, 2026 at 11:00 AM IST
  • Book Closure: September 16-22, 2026
  • E-voting Period: September 19-21, 2026

Business Items

Ordinary Business:

  • Adoption of Standalone and Consolidated Financial Statements
  • Declaration of Final Dividend of ₹0.10 per equity share
  • Re-appointment of Mrs. Anju Khandelwal (DIN: 00474604) who retires by rotation

Special Business:

  • Re-appointment of Mr. Nikhil Khandelwal as Managing Director for 3 years (September 1, 2026 to August 31, 2029) with remuneration up to ₹60 lakh per annum

Balance Sheet and Investments

Asset Position

  • Cash and cash equivalents: ₹6,597.32 lakh (increased from ₹4,274.63 lakh)
  • Bank balances: ₹16,729.78 lakh
  • Investments: ₹4,395.57 lakh, including quoted mutual funds (₹1,223.90 lakh) and equity shares (₹3,171.68 lakh)
  • Loans to subsidiaries: ₹1,948.61 lakh

Subsidiary Investments

The company holds investments in several subsidiaries:

  • Systematix Fincorp India Limited: ₹1,427.58 lakh
  • Systematix Finvest Private Limited: ₹1,100.99 lakh
  • Systematix Shares and Stocks (India) Limited: ₹7,970.46 lakh
  • Systematix Commodities Services Private Limited: ₹312.13 lakh
  • Systematix Wealth & Asset Services Private Limited: ₹1,483.54 lakh

Employee Benefits and Capital Structure

ESOP Scheme

The company implemented "Systematix Employee Stock Option Scheme, 2025" approved on September 19, 2025:

  • Granted 743,908 options at weighted average exercise price of ₹130.92
  • 29,388 options lapsed during the quarter ended March 31, 2026
  • 691,142 options outstanding at year-end with expense recognized of ₹139.40 lakh

Capital Structure

  • Authorized Share Capital: ₹50,00,00,000
  • Paid-up Share Capital: ₹13,65,38,010 divided into 13,65,38,010 equity shares of ₹1 each
  • No change in share capital during the year

Segment Performance

The company operates in three reportable segments:

1. Merchant Banking and Related Activities: Revenue ₹7,732.46 lakh, profit ₹3,604.77 lakh

2. Financing and Other Activities: Revenue ₹344.60 lakh, loss ₹589.69 lakh

3. Equity, Commodity, Currency and Other Transactional Services: Revenue ₹6,684.00 lakh, loss ₹301.15 lakh

Additional Material Information

  • SEBI imposed monetary penalty of ₹7,00,000 in June 2024 for merchant banking non-compliances
  • Company launched Private Wealth business during the year
  • CSR expenditure of ₹44.07 lakh incurred during FY 2025-26
  • 97.22% of equity shares held in dematerialized form
  • Capital adequacy ratio: 2.56 (FY26) vs 2.61 (FY25)
  • Final dividend paid: ₹136.54 lakh (@ ₹0.10 per equity share)