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Share India Securities FY18 Net Profit rises 92. 72% to Rs 15.35 Cr


Revenue grew 25.38% to Rs 133.30 Cr

Share India Securities Ltd, a leading knowledge and technology driven stock broker,has reported a remarkable financial performance for FY18 and the six months period ended 31 March 2018. The Company’s consolidated net profit for FY18 rose 92. 72% to Rs 15.35 crores compared to Rs 7.96 crores posted in FY17.  Company’s consolidated revenue grew 25.38% to Rs 133.30 crores compared to Rs 106.30 crore posted in FY17.

The Company’s revenue for the second half of FY 2018 stood at Rs 78.60 Crores compared to Rs 54.56 crores reported in the 1st half period ended 30  Sept 2017. Net profit for the period stood at Rs 9.02 Crores compared to Rs 6.48 crores reported in the 1st half period ended 30  Sept 2017

During the year Company’s EBIDTA rose by 71.75% YoY to Rs 23.35crores while EBIDTA Margin improved to 17.51% compared to 12.78%in FY’17PAT Margin improved 11.51% compared to 7.35% in FY’17

Financial Highlights

H1FY18-6 Months ending 31 March 2018
 (Rs)
H1FY18  - 6 months ending 30 Sept 2017
 (Rs)
FY2018– 12 months ending 31 March 2018
(Rs)
FY2017 – 12 months ending 31 March 2017
(Rs)
Total Revenue
78,60,45,181
54,56,75,836
133,30,09,136
106,30,99,761
Net Profit
9,02,70, 544
648,53,082
153,475,087
79,636,033
EBITDA
14,34,88,565
10,34,02,863
23,34,48,825
14,24,48,010
EBITDA Margin
18.25%
23.44%
17.51%
15.80%
Net Profit Margin
11.48%
16.23%
11.51%
7.35%

Commenting of the financial performance of the Company Mr. Sachin Gupta, CEO, Share India Securities Ltd said, “FY18 was a great year for us as Share India listed on the BSE SME Platform. The Company has been consistently reporting strong financial performance on account of favorablebusiness environment led by positive sentiments in the stock markets. As a business strategy the Company focused on improving the bottom line, margins and moved into newer strategic markets. The Company succeeded in growing network across Indiaaggressively targeting new clients and customers in high income markets and expanded the scale of operation”

The company has acquired an NBFC, started its own merchant banking division and got registered as PMS provider to enter into new area of services. Company intends to increase its share of profit from non broking services, results of which will be visible FY19 onwards” said Mr Gupta  
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 361 AP’s/Sub brokers registered with it 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.
For more information, please contact: Mr. Aryan Prem Rana,
AARYANA MATASCO  -Mobile: 9082348296/7700029963
Email : info@aaryanamatasco.com; aaryanamatasco@gmail.com

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