Shardul Securities Q1 FY27 Results: Net Profit at Rs. 13,154.55 Lakhs
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 10 Jul 2026, 01:56 PM IST · BSE ID: ccb8a61b-1ec1-474f-b11f-c4d9eaa81649
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its financial performance for the first quarter of the current financial year.
🤖 AI Summary
- Shardul Securities Board approved unaudited standalone and consolidated Q1 FY27 financial results.
- Standalone Net Profit for Q1 FY27 was Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026.
- Standalone Total Revenue From Operations reached Rs. 17,323.80 Lakhs in Q1 FY27.
- Company reclassified significant portion of investment in equity shares to Stock-in-Trade from April 1, 2026.
- The statutory auditors completed a limited review of both standalone and consolidated financial results.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Revenue From Operations (Standalone)
17,323.80 Lakhs
115.01
Profit/ (Loss) for the period (Standalone)
13,154.55 Lakhs
116.47
Basic Earnings per equity share (Standalone)
15.04 Rs.
116.40
Paid up Equity Share Capital
1,749.84 Lakhs
🏢 How This Affects the Company
The reclassification of investments to stock-in-trade indicates a strategic shift towards short-term trading activities, aiming to generate profits from fair value changes rather than long-term holding.
Standalone Profit for the period increased to Rs. 13,154.55 Lakhs for Q1 FY27, driven significantly by Net Gain on Fair Value Changes amounting to Rs. 17,163.48 Lakhs.
The company, being a Base Layer NBFC, continues its core activities of holding, investing, and financing, with a reinforced focus on trading-related gains as per the reclassification.
The increased reliance on Net Gain on Fair Value Changes for revenue generation introduces volatility risk to earnings, as fair value changes can be subject to market fluctuations.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, with the Q1 FY27 standalone basic earnings per share at Rs. 15.04 per share, up from Rs. 6.95 per share in Q1 FY26.
🔍
Management Signal
Management's approval of the Q1 FY27 results and the reclassification of investments signals a strategic focus on generating short-term profits through trading activities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — assess consistency of fair value changes impact on revenue.
Detailed annual report for FY27 — review full impact of investment reclassification.
Any further disclosures on investment strategy — monitor changes in trading versus holding.
MEDIUM RISK
Earnings are heavily influenced by volatile Net Gain/Loss on Fair Value Changes, impacting profit stability.
💡 Investor Takeaway
Shardul Securities reported standalone Net Profit of Rs. 13,154.55 Lakhs for Q1 FY27, a significant increase from Rs. 6,077.35 Lakhs in Q1 FY26. Total Revenue From Operations was Rs. 17,323.80 Lakhs. A reclassification of investments to stock-in-trade impacts future profit reporting.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Profit for the period reached Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026, compared to Rs. 6,077.35 Lakhs in Q1 FY26.
- Standalone Total Revenue From Operations significantly increased to Rs. 17,323.80 Lakhs for Q1 FY27 from Rs. 8,057.79 Lakhs in Q1 FY26.
⚠️ Concerns
- The Total Expenses increased to Rs. 1,020.79 Lakhs for Q1 FY27 from Rs. 439.59 Lakhs in Q1 FY26, primarily due to higher Finance Costs.
- The financial performance is heavily influenced by Net Gain on Fair Value Changes (Rs. 17,163.48 Lakhs), indicating sensitivity to market movements.
📅 Company Track Record
Shardul Securities previously scheduled its board meeting on July 7, 2026, to approve the Q1 FY27 results, which have now been approved and filed.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shardul Securities' standalone net profit for the quarter ended June 30, 2026?
Shardul Securities reported a standalone net profit of Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026.
What was Shardul Securities' total revenue from operations for Q1 FY27?
The company's standalone Total Revenue From Operations for the quarter ended June 30, 2026, was Rs. 17,323.80 Lakhs.
How much was the standalone basic earnings per share for Shardul Securities in Q1 FY27?
The standalone basic earnings per equity share for Shardul Securities for Q1 FY27 was Rs. 15.04 per share.
What significant accounting change did Shardul Securities implement in Q1 FY27?
Shardul Securities reclassified a significant portion of its investment in equity shares from Investments to Stock-in-Trade, effective April 1, 2026.
Questions based on this BSE filing only. For information purposes.