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Shardul Securities results

NSE: SHARDULBSE: 512393Capital MarketsSmall Cap

Last close ₹50.50down ₹2.65 (4.99%)BSE ₹49.82

Share price at the NSE close on 23 Oct 2026. Previous close ₹53.15.

52-week range of BSE trades to 23 Oct 2026
₹20.14Low, 23 Mar 2026₹59.55High, 22 Jul 2026
Market cap
₹442 Cr2,233rd largest listed
P/E
15.3
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
3.8%
ROCE
4.9%
Debt to equity
0.59
Volume, NSE
1,061

Q2 results, quarter to Sep 2026

Consolidated: the company and its subsidiaries together. ₹ crore.Shardul Securities annual results and balance sheet

Revenue
−₹26 Cr
Operating profit
−₹31 Cr
Net profit
−₹33 Cr
Earnings per share
−₹3.75
Operating margin
117.5%
Net margin
124.8%

From revenue to net profit, ₹ crore

  1. Revenue−26
  2. Employee costs−0.7
  3. Other expenses−3.9
  4. Operating profit−31
  5. Depreciation−0.2
  6. Other income0.0
  7. Finance costs−9.5
  8. Profit before tax−41
  9. Tax+7.8
  10. Net profit−33

Shardul Securities results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreDec 2021Q3Filed 12 FebMar 2022Q4Filed 13 JunJun 2022Q1Filed 30 NovSep 2022Q2Filed 30 NovDec 2022Q3Filed 24 FebMar 2023Q4Filed 30 MayJun 2023Q1Filed 14 AugSep 2023Q2Filed 28 NovDec 2023Q3Filed 20 FebMar 2024Q4Filed 5 AugJun 2024Q1Filed 19 SepSep 2024Q2Filed 19 DecDec 2024Q3Filed 5 JulMar 2025Q4Filed 28 MayJun 2025Q1Filed 29 JulSep 2025Q2Filed 28 NovDec 2025Q3Filed 29 JanMar 2026Q4Filed 27 MayJun 2026Q1Filed 10 JulSep 2026Q2Filed 20 Oct
Revenue from operations12−5105−43030595414040−33−8594−39−135189−26
211111132434545548145
Materials and goods bought00000000000000000000
Employee costs–0000000000111101–11
Other expenses–0001112243443453–44
Operating profit before depreciation−11−5104−62927574913736−38−8989−44−17−76185−31
Operating margin−141.7%65.1%114.3%92.4%83.9%125.2%95.5%90.9%96.8%92.1%97.5%89.4%114.2%104.5%95.0%112.9%129.2%−1,662.8%97.7%117.5%
Depreciation and amortisation00000000000000000000
Other income00000000010000000000
Finance costs000000000000011455810
One-off items00000000000000000000
Profit before tax−11−594−62927575013636−38−8988−48−22−82177−41
00−121−16916342372−2018−10−5−1835−8
Tax rate–21.1%–16.8%14.2%–20.7%34.4%28.1%67.6%16.5%19.1%––20.0%–––19.5%–
−11−584−52318411611429−40−7070−39−17−64143−33
Other comprehensive income−1931−5−2523−2629231660000000300
Total comprehensive income−2131−10−1727−305220728211429−40−7070−39−17−61143−33
Net margin−126.6%47.8%103.9%76.6%70.9%106.5%75.5%59.4%69.3%30.1%81.2%71.7%121.4%82.2%74.7%97.9%131.7%−1,388.8%75.4%124.8%
Earnings per share−₹0.14₹0.11–₹0.90₹0.43−₹0.54₹2.63₹2.03₹4.68₹1.84₹13.02₹3.29−₹4.56−₹7.97₹8.04−₹4.40−₹1.97−₹7.29₹16.31−₹3.75
Earnings per share in rupees, restated for later splits and bonuses.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2022, the company's revenue for the year to Mar 2022, ₹15 Cr, differs from its quarters added, ₹17 Cr. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹16 Cr, differs from its quarters added, ₹46 Cr.

The quarter to Jun 2022 was restated in the company's filing of 30 Nov 2022. The table shows the restated figures.

Filed results, as an XML file each

16 earlier filings