Sharp margin drop
EBITDA margin dropped 7.9 percentage points in a single year, from 72.6% to 64.7% — worth investigating.
Importance 73 / 95 · anomaly
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
EBITDA margin dropped 7.9 percentage points in a single year, from 72.6% to 64.7% — worth investigating.
Importance 73 / 95 · anomaly
Reported profit rose 19.8% but operating cash flow fell 21.2% — worth investigating whether the profit is being collected.
Importance 72 / 95 · cash quality
Revenue grew 32.4% but profit grew 19.8%, so the company kept less of each rupee of revenue as profit.
Importance 65 / 95 · growth
Revenue grew 32.4% but only -2.40× of reported profit came through as operating cash.
Importance 62 / 95 · cash quality
Classified by the exchange under Financial Services › Financial Services › Capital Markets › Stockbroking & Allied.
Peer set used on this page: 3 stockbroking & allied.
Revenue grew 32.4% but EBITDA margin fell 7.9 percentage points to 64.7%, so the company kept less of each rupee of revenue as operating profit.
Rule REVENUE_UP_MARGIN_DOWN
Revenue grew 32.4% but profit grew 19.8%, so the company kept less of each rupee of revenue as profit.
Revenue compounded at 23.7% a year over 5 years (₹1,503 → ₹4,362).
Over 5 years profit compounded at 43.3% a year while revenue compounded at 23.7% a year — though FY2022 saw a one-off step-change of 187% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Net profit grew 19.8% year on year (FY2025 → FY2026).
Revenue grew 32.4% year on year (FY2025 → FY2026).
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Q1 FY27 revenue was ₹1,226 cr, up 34.5% from ₹911 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Q1 FY27 EBIT was ₹778 cr, up 29.1% from ₹602 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
Q1 FY27 net profit was ₹331 cr, up 16.1% from ₹285 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 863 | — | 245 | — | 28.5% |
| Q3 FY25 | 760 | +17.3% | 276 | +43.9% | 36.4% |
| Q4 FY25 | 821 | +3.7% | 250 | +2.9% | 30.4% |
| Q1 FY26 | 911 | +7.3% | 285 | +16.8% | 31.2% |
| Q2 FY26 | 1,115 | +29.2% | 315 | +28.5% | 28.3% |
| Q3 FY26 | 1,181 | +55.5% | 327 | +18.4% | 27.7% |
| Q4 FY26 | 1,115 | +35.9% | 289 | +15.7% | 25.9% |
| Q1 FY27 | 1,226 | +34.5% | 331 | +16.1% | 27.0% |
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
ROE declined from 19.3% to 14.4% year on year.
Rule ROE_DETERIORATED_YOY
EBITDA margin has ranged from 55.2% to 72.6% over 5 years and sits at 64.7% now.
Reported profit rose 19.8% but operating cash flow fell 21.2% — worth investigating whether the profit is being collected.
Rule PROFIT_UP_CASH_DOWN
Revenue grew 32.4% but only -2.40× of reported profit came through as operating cash.
Cash conversion (CFO ÷ profit) has averaged -1.79× over the last 3 profit-making years versus -0.22× before that.
Net worth compounded at 26.9% a year over 5 years (₹2,992 → ₹9,836) — though FY2025 saw a one-off step-change of 105% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Operating profit covers interest only 2.45× (FY2026).
Ranked against 3 stockbroking & allied (FY2026, consolidated). No peer-relative rule fired for this company.
360ONE · 1st of 3 · set median 62.8%
360ONE · 3rd of 3 · set median 15.6%
360ONE · 2nd of 3 · set median 33.6×
On the trailing twelve months. Last full year: P/E 34.9× · P/S 9.5× · ROE 14.4%.
Long-term price performance is shown above.
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY20 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | 216 | 89 | 112 | 151 | 232 | 208 |
| Total income | 411 | 595 | 664 | 968 | 743 | 793 |
| EBITDA | 338 | 510 | 589 | 837 | 589 | 587 |
| Profit before tax | 279 | 454 | 516 | 736 | 374 | 424 |
| Net profit | 193 | 409 | 496 | 679 | 335 | 395 |
| EPS (₹) | 22.5 | 46.3 | 13.9 | 19.0 | 8.9 | 9.8 |
| Net worth | 2,326 | 2,426 | 2,354 | 2,558 | 5,493 | 7,433 |
| Operating cash flow | — | 1,106 | −434 | 793 | −782 | −495 |
| Free cash flow | — | 1,102 | −446 | 767 | −792 | −495 |
| Ratio | FY20 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Revenue growth YoY | — | — | 25.9 | 34.8 | 53.8 | -10.3 |
| Profit growth YoY | — | — | 21.3 | 36.9 | -50.7 | 18.1 |
| Profitability | ||||||
| EBITDA margin % | 156.5 | 573.4 | 526.4 | 554.6 | 253.9 | 282.4 |
| Net margin % | 47.1 | 68.7 | 74.7 | 70.1 | 45.0 | 49.8 |
| Return on equity % | 8.3 | 16.9 | 20.7 | 27.6 | 8.3 | 6.1 |
| Return on capital % | — | — | — | — | — | — |
| Leverage & cash | ||||||
| Debt to equity | — | — | — | — | — | — |
| Cash flow ÷ profit | — | 2.71 | -0.88 | 1.17 | -2.34 | -1.25 |
| Current ratio | — | — | — | — | — | — |