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’17. PAT 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.
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
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