Financial Results (Standalone & Consolidated) for the quarter ended 30th June 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 10 Jul 2026, 02:01 PM IST · BSE ID: 1b785b13-62ee-4233-8d20-4d9bb860dcc8
View Original BSE Filing (PDF)
💡
In Simple Terms
Shardul Securities reported a net profit of Rs. 13,154.55 Lakhs, largely from investment gains, for the quarter.
🤖 AI Summary
- Shardul Securities reported standalone net profit of Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026.
- Standalone total revenue from operations was Rs. 17,323.80 Lakhs, including Rs. 17,163.48 Lakhs from net gain on fair value changes.
- The Board of Directors approved standalone and consolidated unaudited financial results for Q1 FY27.
- Company reclassified significant portion of investments in equity shares to stock-in-trade from April 1, 2026.
- The company operates as a single segment: holding, investing, and financing, classified as a Base Layer NBFC.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Profit for the period
13,154.55 Lakhs
116.46%
Standalone Total Revenue From Operations
17,323.80 Lakhs
114.99%
Standalone Net Gain on Fair Value Changes
17,163.48 Lakhs
Standalone Finance Costs
776.28 Lakhs
480.90%
Basic Earnings per equity share
15.04 Rs.
116.40%
🏢 How This Affects the Company
The reclassification of investments to stock-in-trade indicates a refined strategy towards active trading to generate short-term profits.
Net profit significantly benefited from Rs. 17,163.48 Lakhs in net gain on fair value changes, driving total income to Rs. 17,338.59 Lakhs for the quarter.
The company continues to operate as a Non-deposit taking Non-Banking Financial Company (NBFC), classified as a Base Layer NBFC by RBI.
The reliance on net gains on fair value changes for a substantial portion of income introduces variability linked to market movements.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the reported standalone net profit of Rs. 13,154.55 Lakhs.
🔍
Management Signal
Management is signaling an active investment strategy by reclassifying investments to stock-in-trade for short-term profit generation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarter results — review contribution of fair value changes to profit.
Regulatory updates on NBFC classification by Reserve Bank of India.
Annual report — examine full financial year performance and balance sheet.
MEDIUM RISK
Significant reliance on fair value changes for profitability introduces market volatility risk.
💡 Investor Takeaway
Shardul Securities reported a standalone net profit of Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026, primarily driven by a Net Gain on Fair Value Changes of Rs. 17,163.48 Lakhs. This represents a significant increase in profit from Rs. 6,077.35 Lakhs in the prior comparable period.
⚖️ Strengths & Concerns
✅ Positives
- Reported a standalone net profit of Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026, a notable increase from prior comparable period.
- Generated significant income from Net Gain on Fair Value Changes, reaching Rs. 17,163.48 Lakhs for the quarter.
⚠️ Concerns
- Standalone finance costs increased to Rs. 776.28 Lakhs for Q1 FY27 from Rs. 133.64 Lakhs in Q1 FY26.
- Profitability is heavily reliant on fair value changes, which can introduce volatility in reported earnings.
📅 Company Track Record
Shardul Securities' Q1 FY27 standalone net profit of Rs. 13,154.55 Lakhs marks a substantial increase from the Rs. 6,077.35 Lakhs reported in Q1 FY26. The company's prior filing on July 10, 2026, indicated that the Q1 FY27 net profit was largely from fair value gains, which is consistent with the detailed financial results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Shardul Securities Ltd's standalone net profit for Q1 FY27?
Shardul Securities Ltd reported a standalone net profit of Rs. 13,154.55 Lakhs for the quarter ended June 30, 2026.
What was the main driver of Shardul Securities Ltd's revenue in Q1 FY27?
The main driver of revenue was Net Gain on Fair Value Changes, contributing Rs. 17,163.48 Lakhs to the total revenue from operations of Rs. 17,323.80 Lakhs.
How did Shardul Securities Ltd's finance costs change in Q1 FY27?
Standalone finance costs for Shardul Securities Ltd increased to Rs. 776.28 Lakhs in Q1 FY27, compared to Rs. 133.64 Lakhs in the prior comparable period.
What was the Basic Earnings per share for Shardul Securities Ltd in Q1 FY27?
The Basic Earnings per equity share for Shardul Securities Ltd was Rs. 15.04 for the quarter ended June 30, 2026.
What accounting change did Shardul Securities Ltd implement regarding investments?
Effective April 1, 2026, Shardul Securities Ltd reclassified a significant portion of investments in equity shares from investments to stock-in-trade for trading activity.
Questions based on this BSE filing only. For information purposes.