Regulatory Disclosure: This filing is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, containing the unaudited financial results for Q2 and H1 FY27 ended September 30, 2026.
Financial Performance - Q2 FY27:
- Adjusted Revenue from Operations: ₹56.04 crore, up 102% quarter-on-quarter (QoQ) from Q1 FY27
- Profit Before Tax (PBT): ₹17.18 crore, compared to loss of ₹3.08 crore in Q1 FY27
- Profit After Tax (PAT): ₹13.13 crore, compared to loss of ₹4.89 crore in Q1 FY27
- Year-on-year comparison: Revenue remained stable at ₹56.04 crore versus ₹55.72 crore in Q2 FY26 (+0.5%), PBT at ₹17.18 crore versus ₹19.37 crore, PAT at ₹13.13 crore versus ₹14.48 crore
Financial Performance - H1 FY27:
- Adjusted Revenue from Operations: ₹84.06 crore versus ₹89.07 crore in H1 FY26
- PAT: ₹8.24 crore versus ₹24.94 crore in H1 FY26
Business Segment Highlights:
Investment Banking:
- Closed 10 transactions worth approximately ₹2,350 crore across IPOs, open offers, buybacks and M&A
- Total capital raised during the quarter, including Block Deals: ₹3,744 crore
- Strong pipeline: DRHPs exceeding ₹3,000 crore filed during the quarter
- Transaction pipeline: ₹12,600+ crore across 27+ active opportunities
- Landmark transactions executed: ₹1,325 crore Viyash Scientific/Carlyle and ₹80 crore OIJIF/DCB Bank Block deals
Asset Management:
- Assets Under Management (AUM): ₹1,151 crore
- Assets Under Advisory (AUC): ₹12,200 crore
- India SME Growth Fund, Category I AIF achievements:
- First investment exit achieved
- Two portfolio companies listed
- Three DRHP filings
- Seven investments completed
- 65% capital drawdown
- Category II AIF: Received investor interest/commitments exceeding ₹170 crore
- Category III AIF: Received SEBI approval
Business Expansion:
- Asset Management team expanded to 38 members
- Four new offices opened across Mumbai, Indore, Kolkata and Delhi
PMS & Institutional Equities:
- Expanded PMS offerings with Emerging Leaders and Million to Billion strategies
- Institutional stock coverage reached 330 companies
- 129 Corporate Access interactions during the quarter
Management Commentary:
Mr. Nikhil Khandelwal, Chairman & Managing Director, commented: "We are pleased with the strong sequential improvement in our performance and the momentum across our businesses. Our Investment Banking franchise delivered robust transaction execution, while Asset Management achieved significant milestones across its AIF and PMS platforms. We continue to invest in strengthening our Private Wealth business through leadership, technology, talent and geographical expansion. These initiatives reflect our commitment to building a diversified, scalable financial services franchise with multiple engines of sustainable growth."
Corporate Information:
- Company founded in 1985
- Diversified financial services group spanning Investment Banking, Institutional Equities, Merchant Banking, NBFC, Asset Management and Wealth Management
- Corporate Office: The Capital, A-Wing, No. 603-606, 6th Floor, Bandra Kurla Complex, Bandra (East), Mumbai - 400051
Contact Information:
- Anil Bhagchandani, CFO: anilbhagchandani@systematixgroup.in | +91 7738090504
- Mrunal Pawar, Sr. VP & Group Head – Corporate Communications & Corporate Access: mrunalpawar@systematixgroup.in | +91 9819572087
Document Authentication:
Digitally signed by Divyesh Bharat Badiyani, Company Secretary & Compliance Officer (ACS: 63381) on November 12, 2026 at 20:48:39 +05:30