Financial Performance Summary
Consolidated Results (Rs. in Lakhs):
Q2 FY27 (Unaudited):
- Total income from operations (Net): ₹5,781
- Net Profit before tax: ₹1,719
- Net Profit after tax: ₹1,313
- Basic and Diluted EPS: ₹0.96
Q2 FY26 Comparison (Unaudited):
- Total income from operations: ₹5,572
- Net Profit before tax: ₹1,937
- Net Profit after tax: ₹1,448
- Basic and Diluted EPS: ₹1.06
H1 FY27 (Unaudited):
- Total income from operations: ₹11,407
- Net Profit before tax: ₹1,411
- Net Profit after tax: ₹824
- Basic and Diluted EPS: ₹0.60
H1 FY26 Comparison (Unaudited):
- Total income from operations: ₹8,907
- Net Profit before tax: ₹3,324
- Net Profit after tax: ₹2,494
- Basic and Diluted EPS: ₹1.83
Standalone Results (Rs. in Lakhs):
Q2 FY27 (Unaudited):
- Total income from operations: ₹2,471
- Net Profit before tax: ₹1,387
- Net Profit after tax: ₹1,214
- Basic and Diluted EPS: ₹0.89
Q1 FY27 (Unaudited):
- Total income from operations: ₹358
- Net Loss before tax: ₹-705
- Net Loss after tax: ₹-619
- Basic and Diluted EPS: ₹-0.45
Key Financial Metrics
- Q2 FY27 consolidated revenue: ₹55.94 Cr vs ₹55.72 Cr in Q2 FY26 (+0.5% YoY)
- Q2 FY27 consolidated revenue: ₹55.94 Cr vs ₹27.74 Cr in Q1 FY27 (+102% QoQ)
- H1 FY27 consolidated revenue: ₹83.67 Cr vs ₹89.07 Cr in H1 FY26 (-6% YoY)
- Q2 FY27 net profit: ₹17.18 Cr vs ₹19.37 Cr in Q2 FY26 (-11.31% YoY)
- Q2 FY27 net profit: ₹17.18 Cr vs ₹-3.08 Cr in Q1 FY27 (+658% QoQ)
- H1 FY27 net profit: ₹14.11 Cr vs ₹33.24 Cr in H1 FY26 (-57% YoY)
- Profit margin: 29% in Q2 FY27 vs 34% in Q2 FY26
Business Performance Highlights
Investment Banking & ECM:
- Strong IB & ECM deal closures across products
- Block deals executed in Q2 FY27
- Wider Institutional Equities client reach and landmark block trades
- 129 Corporate Access Interactions including roadshows, 1x1 meetings, expert calls, earnings calls, and site visits
Recycled Materials & Steel Infrastructure Conference:
- Held on August 25, 2026
- Featured representatives from seven leading companies in recycling and steel infrastructure industries
- Companies presented: CMR Green Technologies Ltd, DEE Development Engineers Ltd, EPACK Prefab Technologies Ltd, M&B Engineering Ltd, Time Rubber and Infrastructure Ltd, LOHUM Cleantech Private Ltd, Welspun Corp Ltd
Asset Management Milestone:
- Strong return profile since inception
- Growing assets and team expansion
- Adjusted Total Income from Operations shown with revenue from share trading adjusted as net profit/loss
Private Wealth Business:
- Upfront investment in scaling Private Wealth platform
- Senior talent acquisition, technology enablement, and regulatory infrastructure investments
- These investments impacted short-term profitability but expected to drive sustainable revenue growth
Group Overview
Systematix Group is a diversified financial services firm established in 1985 by Mr. CP Khandelwal, with 40 years of industry experience and 330+ professionals.
Business Verticals:
1. Investment Banking: ₹4,139 Cr+ PE & M&A transactions, ₹42,000 Cr+ IB transactions executed
2. Equity Brokerage: 40,000+ clients, 62+ franchise network, ~330 stocks covered across 20+ sectors
3. Private Wealth: ~₹13,300 Cr Assets Under Management & Custody
4. Asset Management: Comprehensive product offerings (PMS, AIF Category I, Non-Discretionary Advisory) with overall AUM +₹306 Cr
Management Team:
- Mr. Nikhil Khandelwal: Managing Director with 18+ years experience
- Mr. Sunil Sarda: Managing Director with 30+ years experience overseeing Brokerage operations
- Mr. Ratnadeep Acharyya: Managing Director & CEO - IB with 24+ years experience
Asset Management Services
AIF Offerings:
1. Category II AIF India Equity Opportunities Fund: Launched May 2026, close-ended, ₹1,000 Cr size (includes 250Cr Green shoe), minimum ₹1 Cr investment
2. Category III AIF India Select Equity Fund: Proposed launch October 2026, open-ended, minimum ₹1 Cr investment
3. Category II AIF Systematix Real Estate Fund: SEBI approval received
4. Category I AIF India SME Growth Fund: Launched August 2025, close-ended, ₹125 Cr size (includes 25Cr Green shoe), fully subscribed, invested across 7 sectors
PMS Offerings:
1. Portfolio PMS: Multi-cap strategy, ~₹180 Cr AUM, 3-year CAGR 22.4%, 5-year CAGR 21.2%
2. Systematix Emerging Leaders PMS: Launched July 2026, 25%-25%-50% allocation across Large-Mid-Small Cap
3. Million to Billion PMS: Launched July 2026, focus on market capitalization < ₹10,000 Cr
Historical Performance
During the past 5 years, Systematix has:
- Grown Revenue at a CAGR of 21.60%
- Grown Profits at a CAGR of 69.00%
- Grown Networth at a CAGR of 32.30%
- Grown RoE to 4%
Future Outlook
Robust pipeline of transactions driving future growth across all business verticals.