Skip to main content

Share India Securities reports strong half-yearly results


Net Profit at Rs 6.48 crore

Total Revenue at Rs 58.25 crore
Share India Securities Ltd, a leading knowledge and technology driven stock broker based in Delhi, has reported strong financial performance in the six months period ended 30 September 2017. The Company’s net profit for the first half of FY18 stood at Rs. 6.48 crore and total revenue stood at Rs 58.25 crore. The Company had reported Net Profit of Rs 8.08 crore and total revenue of Rs 110.14 crore in the last fiscal ending March 31, 2017. During the current financial year in the first half Share India significantly improved its EBITDA and NET Profit margins which stood at 27.06% and 16.23% respectively.  In the last fiscal the company had posted 16.23% EBITDA and 11.25%  Net Profit margins.

Financial Highlights
H1FY18  - 6 months ending 30 Sept 2017
 (in Lakh)
FY2017 – 12 months ending 31 March 2017
(In Lakh)
Total Revenue
58,25,52,499.99
110,14,10,068.1
PAT
6,48,53,082
8,08,51,201.24
PBIT
9,45,72,570
12,39,57,418
D&A
88,30,293
1,84,90,592
EBITDA
10,34,02,863
14,24,48,010
EBITDA Margin
27.06%
19.80%
Net Profit Margin
16.23%
11.25%

Key Developments

·        Share India became 200th SME Company to get listed on BSE SME Platform on 5th October 2017.
·        Share India Securities Script was included in the BSE Group 1. The script is one of the only four SME stocks, out of 209, to be included in this group.


Commenting of the financial performance of the Company Mr Sachin Gupta, Managing Director, Share India Securities Ltd said, “Share India has delivered strong set of numbers on account of favorable business environment and positive sentiments in the stock markets. As a business strategy Company is focused on improving the bottom line, margins and move into newer strategic markets. 
Mr Sachin Gupta, MD, Share India Securities Ltd
Share India is aggressively targeting new clients and customers in high income markets as well as tier 1 and tier 2 cities. The emphasis is on expanding the scale of operations as well as growing network across India. We believe the best is yet to come for Indian stock markets. As Indian economy is in the process of regaining its course to grow at 7-8% after faltering slightly over the past few quarters, we are confident of achieving our growth targets”  
“The Company is in the process of establishing its presence in western and central India and is developing a distribution centre for various products offered by Share India to all the clients. The Company currently enjoys strong presence in North India with its business center in Uttar Pradesh, New Delhi, Rajasthan, Punjab and Haryana. Share India also has significant business operations in Maharashtra and Andhra Pradesh. The Company currently has a network of around 5 sub-brokers and 173 AP’s registered with it in BSE and 3 sub-brokers and 163 AP’s in NSE spread all over India catering to the needs of our clients” added Mr Gupta.

 About Share India Securities Ltd

Share India Securities Ltd, a leading knowledge and technology driven stock broker, is engaged in the business of equity broking, investing and trading activities for the last 24 years. Share India became 200th SME Company to get listed on BSE SME Platform on 5th October 2017. The company in addition to providing the services as a Depository Participant, Research Analyst, Mutual Fund Advisor/Distributor, has also filed an application with Securities and Exchange Board of India for the registration of Company as a Portfolio Manager. The Company has received many Awards and Recognitions some of them are, an award for appreciation for our contribution in the 1 crores Demat accounts opened by CDSL. Company has been accredited with certificate for being among the top performing members for the year 2015-16 in equity and equity derivatives segment of the National Stock Exchange of India Limited. Company has been accredited with certificate for being among the top performing members for the year 2015-16 in Currency derivative segment of the National Stock Exchange of India Limited.


Labels:
Location: Mumbai, Maharashtra, India

Comments

Post a Comment

Popular posts from this blog

Smallcase Platform: 2025 Wealth Creation Strategies to Achieve Your Investment Goals

  By Dr. Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital In the intricate world of finance, wealth creation is a universal aspiration among investors, though few truly attain it. With a plethora of investment products, philosophies, and strategies available, the challenge is identifying an approach that not only offers returns but also minimizes risk. At OmniScience Capital, we believe the key to successful wealth creation lies in a scientific and disciplined investment strategy. Our unique offerings, rooted in the principles of Scientific Investing, are designed to help you achieve your financial goals with confidence. Pioneering Global Investing and Outperforming on Smallcase Platform OmniScience Capital, a global investment management firm specializing in global and Indian equities, is a pioneer in global investing and growth vectors such as Defense and Digital Transformation. Our strategies have consistently identified and capitalized on growth vectors tha...
Post a Comment
Read more

India’s Economic Slowdown: Navigating Challenges with Resilience and how planetary alignments are suggesting an optimistic economic outlook

 By Aryan Prem Rana, Founder, VRIGHT PATH GROUP (www.vrightpath.com ) India, the world’s fastest-growing major economy, faces a challenging phase as GDP growth slows. The latest figures show Q2 growth dipping to 5.4%, the lowest in seven quarters. This decline comes as 63 of the Nifty 100 companies miss revenue estimates, raising concerns about underlying economic health. Growth Engines Sputtering The economic slowdown is most pronounced in key sectors: • Manufacturing growth has dropped to 2.2%, a sharp decline from last year’s 14.3%. • Urban consumption, a cornerstone of economic growth, is weakening. Industry stalwarts such as Reliance, HUL, and Maruti have seen market corrections of 15-23%. RBI’s Balanced Approach The Reserve Bank of India (RBI) has responded with measured policies, holding the repo rate steady at 6.5% for the eleventh consecutive meeting. This neutral policy stance balances inflation control with growth needs. In a key liquidity-boosting move, the RBI redu...
Post a Comment
Read more

Press Release: Prachay Capital Limited (Company/ Issuer / Prachay Capital) Announces Public Issue of Secured NCDs

Prachay Capital Limited, an RBI-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), has announced the public issue of its Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) to raise up to ₹100 Crore. The BBB-/Stable CRISIL-rated NCDs offer investors a 13% p.a. return with monthly interest payments, making it a fixed-income investment opportunity. The proceeds from this issue of NCDs will be primarily used for the stated fund utilization. Speaking about the issue, Mr Girish Murlidhar Lakhotiya, Managing Director, Prachay Capital Limited said: "This NCD issue is a key step in Prachay Capital’s expansion strategy. With our focus on structured corporate lending and investment in private debt instruments, we aim to generate strong and sustainable returns for our investors while maintaining a robust financial profile. Prachay Capital has zero delays in servicing liabilities and has Gross NPA of 0% on its Assets Under Management (AUM). The Compa...
Post a Comment
Read more