Share India Securities held its Q3 FY26 earnings call on January 28, 2026. Key highlights include a cautiously optimistic outlook, 18% year-on-year increase in standalone revenue to ₹305 crores, and a 34% rise in standalone profit before tax. The company is focusing on expanding into debt markets, growing commodity trading, and strengthening its retail business and wealth management.
Financial Performance Overview
Share India Securities reported a solid Q3 FY26 with standalone revenue from operations at ₹305 crores, an 18% year-on-year increase. Profit before tax reached ₹107 crores, and profit after tax was ₹81 crores, representing increases of 34% and 35%, respectively. Earnings per share stood at ₹3.69.
Consolidated Results
Consolidated revenue from operations was ₹372 crores, a 9% year-on-year increase. Consolidated profit before tax was ₹122.35 crores and profit after tax was ₹89 crores, increases of approximately 9.32% and 8%, respectively. Earnings per share were ₹4.06. An interim dividend of ₹0.40 per share was declared.
Key Financial Ratios
The company’s net worth stands at ₹2,600 crores plus on a consolidated basis. The debt-equity ratio is a comfortable 0.24%, with a current ratio of 2.12x. Operating profit margin is at 43% and net profit margin at 24%.
Business Segment Updates
The MTF book increased marginally by 3% quarter-to-quarter, reaching ₹457 crores. Average daily turnover (ADTO) increased from ₹7,500 crores in Q2 to ₹9,700 crores in Q3, a 29% increase. There was a 1% increase in the number of active clients in Share India overall equities from Q2 to Q3. The institutional client base saw a 13% growth with active clients increasing from 154 to 174.
Future Initiatives
Wealth management remains a core area with plans for wealth management team operations from Q1 of the next financial year. PMS launch is expected soon and the company has applied for an AIF license under Share India Wealth Multiplier Solutions Private Limited. Share India Cred Capital Private Limited has been formed for the debt market, with operations expected from Q1 of the next financial year. Silverleaf merger is expected by the end of this quarter and branch expansion is planned, starting with five pilot branches from April.
Subsidiary Performance and Outlook
Algowire supports Share India with low-latency solutions. Silverleaf is expected to contribute ₹50-60 crores in revenue post-merger. uTrade focuses on customer-facing products and plans to expand to multi-brokers. All three subsidiaries are expected to show significant growth in the next two years.
Source: BSE
