| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 19.4 | 15.7 | +23.7% |
| EBITDA | 15.4 | 11.9 | +30.3% |
| EBITDA margin | 79.7% | 75.7% | +4.0 pts |
| Profit before tax | 15.7 | 12.5 | +25.6% |
| Net profit | 11.6 | 12.6 | −7.8% |
| EPS | ₹20.81 | ₹22.57 | −7.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 118 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.0 | 2.0 | 2.4 | 1.8 | 3.1 | ||
| 4.8 | 4.8 | 1.7 | 0.7 | 2.5 | ||
| 121 | — | — | — | — | ||
| 30.3 | 26.6 | 28.3 | 47.3 | 14.1 | ||
| — | −6.0% | −40.2% | +236.1% | — | ||
| 8.2 | 8.2 | 10.8 | 34.3 | −1.0 | ||
| 27.0% | 30.8% | 38.0% | 72.4% | −7.4% | ||
| 7.1 | 7.1 | 9.9 | 33.5 | −1.7 | ||
| 5.7 | 6.7 | 14.6 | 26.8 | −1.6 | ||
| 18.7% | 25.0% | 51.5% | 56.6% | −11.6% | ||
| ₹10.21 | ₹11.96 | ₹26.17 | ₹48.12 | −₹2.93 | ||
| — | −54.3% | −45.6% | +1,743.2% | — | ||
| — | −23.9 | 6.8 | 5.6 | 20.8 | ||
| — | −2.5 | −1.7 | −0.5 | −1.3 | ||
| −26.3 | −26.3 | 5.1 | 5.1 | 19.5 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 118.4 | |
| - Cash, Equiv & ST Investments | 3.1 | 1.8 | 2.4 | 2.0 | 2.0 | |
| + Total Debt | 2.5 | 0.7 | 1.7 | 4.8 | 4.8 | |
| Enterprise Value | — | — | — | — | 121.2 | |
| Revenue | 14.1 | 47.3 | 28.3 | 26.6 | 30.3 | |
| Growth %, YoY | — | +236.1 | -40.2 | -6.0 | — | |
| EBITDA | -1.0 | 34.3 | 10.8 | 8.2 | 8.2 | |
| Margin % | -7.36 | 72.40 | 38.02 | 30.81 | 27.04 | |
| EBIT | -1.7 | 33.5 | 9.9 | 7.1 | 7.1 | |
| Net Income | -1.6 | 26.8 | 14.6 | 6.7 | 5.7 | |
| Margin % | -11.58 | 56.60 | 51.45 | 25.02 | 18.74 | |
| EPS, Adj (current shares) | -2.93 | 48.12 | 26.17 | 11.96 | 10.21 | |
| Growth %, YoY | — | +1,743.2 | -45.6 | -54.3 | — | |
| Cash from Operations | 20.8 | 5.6 | 6.8 | -23.9 | — | |
| Capital Expenditures | -1.3 | -0.5 | -1.7 | -2.5 | — | |
| Free Cash Flow | 19.5 | 5.1 | 5.1 | -26.3 | -26.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Keynote Financial Services (NSE: KEYFINSERV) had a market capitalisation of ₹120 crore at the 29 October 2026 close (₹215.00 a share), a PE ratio of 21.1 on the last four quarters' profit and a price-to-book ratio of 0.83. In FY26 its consolidated net profit was ₹6.7 crore on revenue of ₹26.6 crore; in Q1 FY27 (April–June 2026) it was ₹11.6 crore, down 7.8% year on year. Its debt-to-equity ratio was 0.03 on 31 March 2026. Promoters held 71.88% of the shares on 30 September 2026.
Keynote Financial Services' PE ratio is 21.1 at the 29 October 2026 close (₹215.00 a share): a market capitalisation of ₹120 crore divided by consolidated net profit of ₹5.7 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹6.7 crore) it is 18.0.
Keynote Financial Services' debt-to-equity ratio was 0.03 on 31 March 2026: borrowings, debt securities, deposits and subordinated debt of ₹4.8 crore against total equity of ₹145 crore. A year earlier, on 31 March 2025, it was 0.01.
Keynote Financial Services' book value per share was ₹259.70 on 31 March 2026: shareholders' equity of ₹145 crore divided by the 55.67 lakh shares in issue, up 4.5% from ₹248.60 a year earlier. The share price at the 29 October 2026 close was ₹215.00.
Keynote Financial Services' price-to-book (PB) ratio is 0.83 at the 29 October 2026 close: a market capitalisation of ₹120 crore divided by shareholders' equity (book value) of ₹145 crore on 31 March 2026. That is a book value of ₹259.70 per share against a share price of ₹215.00.
Keynote Financial Services' net worth — shareholders' equity in its consolidated balance sheet — was ₹145 crore on 31 March 2026, up 4.5% from ₹138 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹120 crore at the 29 October 2026 close.
Keynote Financial Services' dividend yield is 0.47% at the 29 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹215.00. They were ₹1 on 21 September 2026.
Keynote Financial Services' market capitalisation was ₹120 crore at the 29 October 2026 close: 55.67 lakh shares at ₹215.00 each.
In FY26, Keynote Financial Services' return on equity (ROE) was 4.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year).
Keynote Financial Services' basic earnings per share (EPS) were ₹11.96 in FY26, against ₹26.17 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹10.21.
No. Keynote Financial Services had borrowings of ₹4.8 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.03. Its cash and current investments were ₹11.9 crore, so it held net cash of ₹7.1 crore.
Promoters held 71.88% of Keynote Financial Services on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Keynote Financial Services' consolidated net profit was ₹6.7 crore, down 54.3% from ₹14.6 crore in FY25, on revenue from operations of ₹26.6 crore (down 6.0%).
In 2026, Keynote Financial Services has declared one dividend: ₹1 with record date 21 September 2026.
In FY26, Keynote Financial Services generated ₹23.9 crore of cash from operations and spent ₹2.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹26.3 crore. In FY25 it was ₹5.1 crore.
Keynote Financial Services has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On 30 September 2026, Keynote Financial Services' shares were held by promoters 71.88%, foreign portfolio investors (FII/FPI) 9.26%, domestic institutions (DII) 0.01% and retail and other non-institutional investors 18.85%. Over the year, FII holding was unchanged and DII holding was unchanged.
Keynote Financial Services' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹11.6 crore, down 7.8% from ₹12.6 crore in Q1 FY26; revenue from operations ₹19.4 crore, up 23.7% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Keynote Financial Services' PE ratio is 18.0, the third highest of the four: Indbank Merchant Banking Services 14.7, Inventure Growth & Securities 22.4 and IL&FS Investment Managers 61.0, a peer average of 32.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Indbank Merchant Banking Services, Inventure Growth & Securities and IL&FS Investment Managers: Keynote Financial Services' operating margin of 26.7% is the second highest of the four (Indbank Merchant Banking Services 39.0%, Inventure Growth & Securities 6.6%, IL&FS Investment Managers −3.1%; peer average 14.2%); its return on equity of 4.7% is the second highest of the four (Indbank Merchant Banking Services 7.5%, Inventure Growth & Securities 0.0%, IL&FS Investment Managers 2.0%; peer average 3.1%); its revenue growth over three years of 23.6% a year is the highest of the four (Indbank Merchant Banking Services 11.2% a year, Inventure Growth & Securities −1.1% a year, IL&FS Investment Managers −5.2% a year; peer average 1.6% a year).
In FY26, Keynote Financial Services earned net profit of ₹6.7 crore on revenue of ₹26.6 crore, against ₹7.1 crore on ₹25.1 crore for Indbank Merchant Banking Services. Keynote Financial Services' operating margin was 26.7% (Indbank Merchant Banking Services 39.0%) and its return on equity 4.7% (Indbank Merchant Banking Services 7.5%). At the 29 October 2026 close, Keynote Financial Services' market capitalisation was ₹120 crore against ₹105 crore for Indbank Merchant Banking Services, and its PE ratio on FY26 profit 18.0 against 14.7.
From Keynote Financial Services' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.