Bridge Securities net profit rises to ₹155.07 lakh in FY26
- Net profit rose to ₹155.07 lakh in FY26 from ₹127.43 lakh in FY25
- Total revenue grew to ₹248.16 lakh, driven by a surge in other income
- Company proposes renaming to Weorg Enterprises Limited at AGM
- Trade receivables jumped to ₹171.00 lakh from ₹11.75 lakh
- No dividend declared; equity capital increased via warrant conversion

*this image is generated using AI for illustrative purposes only.
Bridge Securities reported a net profit of ₹155.07 lakh for the financial year ended March 31, 2026, an increase from ₹127.43 lakh in the previous year. The company’s total revenue grew to ₹248.16 lakh, up from ₹197.69 lakh in FY25.
The Ahmedabad-based firm has scheduled its 31st Annual General Meeting (AGM) for September 21, 2026. Shareholders will vote on several special resolutions, including a proposed change of name from Bridge Securities Limited to Weorg Enterprises Limited. The board also seeks approval to delete clauses related to lending and financing from its Memorandum of Association.
Financial Performance
Revenue from operations stood at ₹215.10 lakh in FY26, compared to ₹191.04 lakh in FY25. Other income contributed significantly to the bottom line, rising to ₹33.05 lakh from ₹6.66 lakh in the prior year. Total expenses were contained at ₹37.54 lakh, down slightly from ₹21.35 lakh in absolute terms but representing a lower proportion of total income due to the surge in other income.
The profit before tax increased to ₹210.62 lakh from ₹176.34 lakh. After accounting for tax expenses of ₹55.55 lakh (net of deferred tax benefits), the net profit margin improved. Earnings per share (EPS) rose to ₹0.40 from ₹0.38 in the previous fiscal.
| Metric | FY26 (₹ Lakh) | FY25 (₹ Lakh) |
|---|---|---|
| Revenue from Operations | 215.10 | 191.04 |
| Other Income | 33.05 | 6.66 |
| Total Revenue | 248.16 | 197.69 |
| Total Expenses | 37.54 | 21.35 |
| Net Profit | 155.07 | 127.43 |
What the Numbers Show
Other income constitutes approximately 13% of total revenue in FY26, up from just 3.4% in FY25. This sharp divergence suggests that while operational revenue grew steadily, the significant jump in non-operating income was a primary driver of the improved profitability metrics for the year.
Corporate Actions and Governance
The company plans to rename itself to Weorg Enterprises Limited, subject to shareholder approval and regulatory clearance. An auditor’s certificate confirms that 100% of the total revenue in the preceding one-year period was generated from commission on agricultural products, aligning with the new business identity.
Additionally, the board proposes to regularize the appointment of Mr. Sanketkumar Dave as an Independent Director for a five-year term. Mr. Harshad Amrutlal Panchal, the Managing Director, retires by rotation and offers himself for re-appointment.
Balance Sheet Signals
Total assets increased to ₹753.44 lakh from ₹476.93 lakh in the previous year. Equity share capital rose to ₹388.76 lakh following the conversion of warrants into equity shares. Trade receivables saw a substantial increase to ₹171.00 lakh from ₹11.75 lakh, indicating a potential shift in working capital dynamics or collection cycles that investors may wish to monitor.
The company did not declare any dividend for FY26, opting to conserve resources for future growth. No deposits were accepted or renewed during the financial year.
Historical Stock Returns for Bridge Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.69% | -3.26% | -39.79% | -23.26% | -22.57% | +39.77% |
How will the rebranding to Weorg Enterprises Limited and the removal of lending clauses from the Memorandum of Association impact the company's valuation multiples compared to traditional securities firms?
Given the 1,350% surge in trade receivables, what specific credit risk mitigation strategies is management implementing to ensure cash flow stability in the upcoming fiscal year?
To what extent does the heavy reliance on 'other income' for profitability indicate a lack of scalability in core agricultural commission operations, and how sustainable are these non-operating gains?


































