Share India Securities Limited shared its investor presentation detailing strong operational metrics up to 9M-FY26 and strategic growth vectors. The company highlighted robust performance across its Broking, NBFC, and Mutual Fund distribution segments. Key financial data shows continued revenue growth and strong EBITDA margins, signaling a successful structural shift toward a Fintech Platform model. Future strategies focus on retail expansion, scaling algo adoption, and diversification into wealth management and international opportunities.
Company Overview and Evolution
Share India Securities Ltd., founded in 1994 and headquartered in Noida, has successfully evolved from a traditional broker into a Fintech-focused organisation. The company leverages proprietary platforms like uTrade Algos and Algowire Trading Technologies, which utilize AI and ML for algorithmic strategies.
The evolution reflects a structural shift:
- Traditional Broker: Manual/Dealer Driven, Transaction Dependent Revenue, Volume Cyclicality, Client = Trader.
- Fintech Platform: Algorithmic & API-driven, Platform + subscription + interest-led revenue, Higher recurring & annuity income, Client = Platform user.
Key strengths include over 30 Years of Management experience, a proprietary fintech platform, a pan-India digital and physical network (262 branches across 18 states), and a wide suite of financial products.
Financial Performance Highlights (Up to 9M-FY26)
The company reported consolidated performance data:
- Revenue: Grew from INR 10,882 Mn in FY23 to INR 14,486 Mn in FY25, reaching INR 10,543 Mn in 9M-FY26.
- EBITDA Margin: Maintained a high level, at 43.01% in 9M-FY26, compared to 45.28% in FY23.
- PAT Margin: Stood at 25.27% in 9M-FY26.
- 5 Year CAGR: Revenue stood at 45%* and PAT at 52%* (*Figures as of FY25).
The 9M-FY26 Revenue Split was dominated by Broking & Trading at 92.77%.
Segment Deep Dive
Broking & Trading
Key performance indicators for Broking & Trading:
- ADTO: Reached INR 88 Bn in 9M-FY26, down from INR 120 Bn in FY23.
- Clients: Total Broking Clients grew to 46,977 in 9M-FY26.
- Institutional Clients: Increased to 174.
- Margin Trading Facility AUM: Showed significant growth, hitting INR 4,570 Mn in 9M-FY26.
Merchant Banking
The segment has achieved 22 IPO Listings till date, with 4 successful listings.
NBFC
Through its subsidiary Share India Fincap Pvt. Ltd.:
- Loan Book: Stood at INR 2,470 Mn in 9M-FY26.
- Asset Quality: GNPA was 4.87% and NNPA was 2.98% (All numbers as of 9M-FY26).
- AUM: INR 2,590 Mn in FY24 growing to INR 2,600 Mn in FY25.
Mutual Fund & Insurance Broking
Performance in distribution services:
- Mutual Funds AUA: Reached INR 2,201 Mn in 9M-FY26, serving 15,575 customers.
- Insurance: Premium collected was INR 347 Mn in 9M-FY26, covering 97,256 total lives.
Technology Ecosystem
The core technological advantage lies in the subsidiaries:
- uTrade Solutions Pvt Ltd: Operates the no-code, institutional-grade platform, uTrade Algos, aiming for the “Har Ghar Algo” vision.
- Algowire Trading Technologies Pvt Ltd: Provides latency-optimized, institutional-grade infrastructure for high-speed execution.
- Silverleaf Securities Research Pvt Ltd: Focuses on quantitative research for systematic trading.
Future Growth Strategies
The strategy is focused on three pillars:
- Retail Expansion: Providing Portfolio Management Services, establishing flagship branches, and scaling the MTF book.
- Algo Trading Penetration: Scaling adoption via open API-based algo trading and offering intuitive, automation tools.
- Diversification: Leveraging International Presence (GIFT City IFSC) and expanding across merchant banking, secured NBFC lending, and insurance broking.
Capital Market Data (As on 31st Dec, 2025)
Key market statistics:
- CMP: 166.55 INR.
- Market Cap: INR 36,445.39 Mn.
- Shareholding: Promoter holding stands at 48.62%, with Public holding at 49.52%.
The Indian Equity Market is characterized by an expanding investor base, with 54% of NSE Equity Cash Segment Trades executed via algorithms, expected to grow the Indian Algo Trading Market to USD 1,350 Mn by 2034P.
Source: BSE
