Share India Securities Reports ₹5,998.20 Lakh Profit in Q3 FY25, Declares Interim Dividend

Share-India-Securities.webp

Noida, January 28, 2025Share India Securities Limited (NSE: SHAREINDIA, BSE: 540725) has announced its Q3 FY25 financial results, reporting a net profit of ₹5,998.20 lakh, while revenue from operations surged to ₹25,936.06 lakh. The company also declared a third interim dividend of ₹0.20 per share for FY25.

Key Financial Highlights – Q3 FY25 (Standalone)

MetricQ3 FY25Q3 FY24YoY Change
Revenue from Operations₹25,936.06 lakh₹28,374.56 lakh-8.6%
Total Income₹26,574.54 lakh₹28,535.24 lakh-6.9%
Net Profit (PAT)₹5,998.20 lakh₹8,325.25 lakh-28.0%
Earnings Per Share (EPS)₹2.67₹5.09-47.5%
For the nine months ended December 31, 2024 (9M FY25):
  • Revenue: ₹95,020.88 lakh (+23.8% YoY).
  • Net Profit: ₹23,042.88 lakh (+7.7% YoY).

Dividend Announcement

  • Third Interim Dividend: ₹0.20 per equity share (₹2 face value).
  • Record Date: February 5, 2025.
  • Dividend Payout Date: On or before February 15, 2025.

Operational Highlights & Business Growth

1. Strong Interest & Fee-Based Income

  • Interest Income: ₹4,463.66 lakh (+76.3% YoY).
  • Fee & Commission Income: ₹3,448.67 lakh (+1.9% YoY).

2. Decline in Trading & Net Gain on Fair Value Changes

  • Net gain on fair value changes: ₹16,889.03 lakh (-21.6% YoY), indicating market volatility impact.
  • Stock Trading & Investment Portfolio Fluctuations contributed to a lower net profit.

3. Strategic Capital Investment & Subsidiary Expansion

  • Investment of ₹59.50 crore in Metropolitan Stock Exchange of India Limited (MSE), acquiring a 4.95% stake.
  • Investment of ₹18.27 lakh in Silverleaf Securities Research Private Limited via rights issue.

Key Corporate & Regulatory Announcements

  1. Fundraising Plans for Expansion
    • Approved issuance of ₹100 crore in Non-Convertible Debentures (NCDs) on a private placement basis.
  2. New Subsidiary for Alternate Investment Fund (AIF) & Portfolio Management Services (PMS)
    • The board approved setting up a Category III AIF and PMS entity with an investment of ₹30 crore.
  3. SEBI Compliance & Financial Filings
    • Unaudited financial results filed in compliance with SEBI LODR regulations.

Management Commentary

Sachin Gupta, CEO & Whole-time Director, Share India Securities, stated:
"Despite market volatility, our business remains resilient with strong revenue contributions from fee-based services and secured lending. Our continued focus on digital expansion, alternate investment strategies, and market penetration will drive long-term growth."

Strategic Outlook & Market Positioning

  • Expansion into portfolio management & alternative investment funds (AIFs) to enhance client offerings.
  • Diversification of revenue streams beyond trading income.
  • Continued investment in fintech-driven financial services & broking operations.
 
Back
Top