Results - Announcements
Shardul Securities Ltd share price softened by 4.99% to Rs 55.19 after the company's net profit tumbled by 123% to Rs 32.81 crore, while revenue from operations nosedived 113.89% to Rs -26.29 crore in Q3FY26 over Q2FY26.
The market capitalization of Stockbroking & Allied industry group stocks on BSE stood at Rs 3.27 lakh crore, rising 5.10%. It has slipped by 4.27% over last one week and edged lower by 3.47% in last one month while the market capitalization of Shardul Securities Ltd has eased by 6.27% and 2.66% in the same period respectively.
Profit before tax (PBT) of Shardul Securities Ltd stood at Rs 40.59 crore in Q3 FY26, crashing by 15.91% year-on-year, and plunging by 122.91% quarter-on-quarter. EBITDA came in at Rs 40 crore, tumbling by 16.05% YoY and tanking 122.83% sequentially.
Total expenses rose by 17.12% to Rs 14.3 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 0.73 crore, ticking higher by 1.39% YoY.
For the TTM ended FY26, revenue from operations plunged by 74.49% to Rs 15.98 crore, while net profit witnessed a sharp fall of 248.95% to Rs 49.14 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4431% to Rs 63.52 crore, and PBT collapsed by 243.07% to Rs 64.08 crore compared to previous TTM.
Shardul Securities Ltd surged by 13.19% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 12.69% during the same period.