Khandwala Securities financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹3.7cr+9.0% on Q2 FY26
Net profit
₹0.6cr+143.3% on Q2 FY26
EBITDA margin
14.6%+9.6 pts on Q2 FY26
EPS
₹0.39+143.8% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue3.73.4+9.0%
EBITDA0.50.2+221.0%
EBITDA margin14.6%5.0%+9.6 pts
Profit before tax0.60.2+142.2%
Net profit0.60.2+143.3%
EPS₹0.39₹0.16+143.8%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹3.7 crNet profit₹0.6 crNet margin16.0%

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.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
24.5————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1.40.911.12.90.4
2.92.91.41.52.6
26.0————
9.37.99.58.56.3
—−17.2%+12.0%+36.0%—
−1.3−2.2−4.90.60.9
−14.0%−28.2%−51.5%6.6%14.5%
−1.6−2.5−5.30.30.6
−0.3−1.3−0.80.20.4
−2.7%−16.1%−8.4%2.0%7.1%
−₹0.17−₹0.83−₹0.52₹0.11₹0.29
—−58.8%−560.3%−60.8%—
—−2.04.0−1.7−7.2
—−0.20.00.0−0.6
−2.3−2.34.0−1.7−7.8
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

KHANDSE₹16.05

Khandwala Securities Limited

· Banking & Finance
₹ CrorePeersINVENTUREINDBANKKEYFINSERVIVCALMONDZINDOTHAIEMKAYBIRLAMONEYMcap ₹24.5 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
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————24.5
- Cash, Equiv & ST Investments0.42.911.10.91.4
+ Total Debt2.61.51.42.92.9
Enterprise Value————26.0
Revenue6.38.59.57.99.3
Growth %, YoY—+36.0+12.0-17.2—
EBITDA0.90.6-4.9-2.2-1.3
Margin %14.476.63-51.51-28.22-14.01
EBIT0.60.3-5.3-2.5-1.6
Net Income0.40.2-0.8-1.3-0.3
Margin %7.072.04-8.39-16.10-2.70
EPS, Adj (current shares)0.290.11-0.52-0.83-0.17
Growth %, YoY—-60.8-560.3-58.8—
Cash from Operations-7.2-1.74.0-2.0—
Capital Expenditures-0.6-0.0-0.0-0.2—
Free Cash Flow-7.8-1.74.0-2.3-2.3
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Khandwala Securities financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Khandwala Securities (NSE: KHANDSE) had a market capitalisation of ₹24.5 crore at the previous close (₹16.05 a share) and a price-to-book ratio of 0.86. In FY26 its consolidated net loss was ₹1.3 crore on revenue of ₹7.9 crore; in Q2 FY27 (July–September 2026) it was ₹59 lakh, up 143.3% year on year. Its debt-to-equity ratio was 0.12 on 30 September 2026. Promoters held 48.84% of the shares on 30 September 2026.

Share price used
₹16.05 · previous close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Khandwala Securities at a glance · consolidated

Market cap
₹24.5 Crat ₹16.05 · previous close
PE ratio
n/aloss over the last 4 quarters
Price to book (PB)
0.86book value ₹18.63 a share
ROE (FY26)
−4.5%−1.8 pts vs FY25ROCE −8.2%
Debt to equity
0.12net cash ₹36 lakh
Promoter holding
48.84%+0.1 pts vs 30 Jun 202630 September 2026
Net worth
₹28.4 Cr−0.4% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹2.3 Cr
EPS (FY26)
−₹0.83

Questions

What is the Khandwala Securities PE ratio today?

Khandwala Securities' PE ratio is not meaningful at the previous close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹25 lakh, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹24.5 crore at ₹16.05 a share.

What is the Khandwala Securities PB ratio (price to book value)?

Khandwala Securities' price-to-book (PB) ratio is 0.86 at the previous close: a market capitalisation of ₹24.5 crore divided by shareholders' equity (book value) of ₹28.4 crore on 30 September 2026. That is a book value of ₹18.63 per share against a share price of ₹16.05.

What is the Khandwala Securities ROE and ROCE?

In FY26, Khandwala Securities' return on equity (ROE) was −4.5% and its return on capital employed (ROCE) was −8.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −2.7% and ROCE −17.0%.

What is the Khandwala Securities market cap?

Khandwala Securities' market capitalisation was ₹24.5 crore at the previous close: 1.53 crore shares at ₹16.05 each.

Is Khandwala Securities debt free?

No. Khandwala Securities had borrowings of ₹3.5 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.12. Its cash and current investments were ₹3.9 crore, so it held net cash of ₹36 lakh.

What is the Khandwala Securities EPS?

Khandwala Securities' basic earnings per share (EPS) were −₹0.83 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹0.16.

What is the Khandwala Securities debt to equity ratio?

Khandwala Securities' debt-to-equity ratio was 0.12 on 30 September 2026: borrowings of ₹3.5 crore against total equity of ₹28.4 crore. A year earlier, on 30 September 2025, it was 0.10.

What is the Khandwala Securities net worth?

Khandwala Securities' net worth — shareholders' equity in its consolidated balance sheet — was ₹28.4 crore on 30 September 2026, down 0.4% from ₹28.5 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹24.5 crore at the previous close.

What is the Khandwala Securities revenue and profit in FY26?

In FY26 (April 2025–March 2026), Khandwala Securities' consolidated net loss was ₹1.3 crore, wider than the loss of ₹80 lakh in FY25, on revenue from operations of ₹7.9 crore (down 17.2%).

What is the Khandwala Securities book value per share?

Khandwala Securities' book value per share was ₹18.63 on 30 September 2026: shareholders' equity of ₹28.4 crore divided by the 1.53 crore shares in issue, down 0.4% from ₹18.71 a year earlier. The share price at the previous close was ₹16.05.

What is the Khandwala Securities promoter holding?

Promoters held 48.84% of Khandwala Securities on 30 September 2026, up 0.06 percentage points from 48.78% the previous quarter and up 0.57 percentage points from 48.27% a year earlier, according to the shareholding pattern filed with NSE.

What is the Khandwala Securities free cash flow?

In FY26, Khandwala Securities generated ₹2 crore of cash from operations and spent ₹21 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹2.3 crore. In FY25 it was ₹4 crore.

What is the Khandwala Securities shareholding pattern?

On 30 September 2026, Khandwala Securities' shares were held by promoters 48.84% and retail and other non-institutional investors 51.16%.

What are the Khandwala Securities latest quarterly results?

Khandwala Securities' latest results are for Q2 FY27 (July–September 2026), filed on 27 October 2026: consolidated net profit ₹59 lakh, up 143.3% from ₹24 lakh in Q2 FY26; revenue from operations ₹3.7 crore, up 9.0% year on year.

When are the Khandwala Securities next results?

Khandwala Securities has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Khandwala Securities compare with its peers?

On FY26 consolidated figures, against Inventure Growth & Securities, Indbank Merchant Banking Services and Keynote Financial Services: Khandwala Securities' operating margin of −31.9% is the lowest of the four (Inventure Growth & Securities 6.6%, Indbank Merchant Banking Services 39.0%, Keynote Financial Services 26.7%; peer average 24.1%); its return on equity of −4.5% is the lowest of the four (Inventure Growth & Securities 0.0%, Indbank Merchant Banking Services 7.5%, Keynote Financial Services 4.7%; peer average 4.1%); its revenue growth over three years of 8.0% a year is the third highest of the four (Inventure Growth & Securities −1.1% a year, Indbank Merchant Banking Services 11.2% a year, Keynote Financial Services 23.6% a year; peer average 11.2% a year).

Khandwala Securities vs Inventure Growth & Securities: how do they compare?

In FY26, Khandwala Securities earned net profit of ₹1.3 crore on revenue of ₹7.9 crore, against ₹3.8 crore on ₹47.2 crore for Inventure Growth & Securities. Khandwala Securities' operating margin was −31.9% (Inventure Growth & Securities 6.6%) and its return on equity −4.5% (Inventure Growth & Securities 0.0%).

Where do these Khandwala Securities figures come from?

From Khandwala Securities' own consolidated results, balance sheets and shareholding patterns filed with NSE. 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.