Shardul Securities Ltd.
NSE: SHARDUL · Stockbroking & Allied · sector
Key numbers
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 39 companies in Stockbroking & Allied (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Net loss in 4 of the last 7 quarters.
- No dividend in the last 5 financial years.
- Price ₹47.98 on 2026-10-26: -20.0% from the 52-week high, +108.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Total income | -81 | 81 | 41 | -20 | 1 | 173 | -28 |
| Net interest income | -81 | 81 | 41 | -20 | 1 | 173 | -28 |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -65 | 61 | 23 | -22 | -60 | 132 | -32 |
| EPS (₹) | 7.41 | 6.95 | 2.62 | 2.50 | 6.86 | 15.04 | -3.70 |
| Revenue YoY | – | +115.0% | -168.6% | ||||
| Profit YoY | – | +116.5% | -241.3% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY17 | FY18 | FY19 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3 | 5 | 4 | 42 | 5 | 126 |
| Net profit | 0 | 3 | 2 | 22 | -59 | 17 |
| EPS (₹) | 0.12 | 1.45 | 1.34 | 2.47 | 6.74 | 20.70 |
| Revenue growth | +53.8% | -16.3% | +870.1% | -87.4% | – | |
| Profit growth | +1,050.0% | -7.5% | +822.6% | -373.0% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.9% | +0.7% | – |
| Net profit | – | – | – |
| EPS | +66.9% | +19.5% | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 574 | 516 |
| Borrowings | 23 | 274 |
| Cash & equivalents | 0 | 2 |
| Total assets | 607 | 791 |
| Fixed assets | 3 | 5 |
| Capital work in progress | 0 | 1 |
| Inventory | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -23 | -10 |
| Cash from investing | 5 | -224 |
| Cash from financing | 13 | 236 |
| Capex | 1 | 1 |
| Free cash flow | -23 | -11 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 3.8% | -11.4% |
Peers in Stockbroking & Allied
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| GROWW | ₹1,15,154 cr | 42.3x | 9.9x | 28.5% | 13.61% | – | – | – |
| MOTILALOFS | ₹56,201 cr | 53.1x | 7.1x | 14.0% | 3.53% | – | +21.3% | 0.64% |
| 360ONE | ₹39,770 cr | 79.4x | 5.2x | 6.7% | 5.37% | – | +22.9% | 1.20% |
| NUVAMA | ₹30,285 cr | 50.1x | 14.5x | 29.9% | 16.70% | – | – | 1.66% |
| ANGELONE | ₹25,846 cr | 19.9x | 3.8x | 20.4% | 5.67% | – | +19.2% | 1.72% |
| IIFLCAPS | ₹10,681 cr | 18.8x | 3.9x | 22.6% | 6.22% | – | +19.4% | 0.87% |
| SHAREINDIA | ₹3,873 cr | 12.1x | 1.7x | 15.2% | 7.93% | – | +14.4% | 0.76% |
| ARSSBL | ₹2,818 cr | 17.4x | 2.0x | 10.7% | 3.20% | – | – | – |
| MONARCH | ₹2,572 cr | 14.2x | 2.6x | 20.5% | 11.52% | – | +33.6% | 0.31% |
| SHARDUL | ₹420 cr | 2.3x | 0.7x | 2.9% | 1.61% | – | +0.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-08 | Buyback | Buy Back |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Financial Services |
| Industry | Stockbroking & Allied |
| Sub-industry | Stockbroking & Allied |
| Symbol | SHARDUL |
| BSE code | 512393 |
| ISIN | INE037B01020 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.