CIL Securities Limited FY26 Audited Results Published in Newspapers per Regulation 47(3)
CIL Securities Limited reported audited FY26 standalone results with revenue from operations at Rs. 836.10 lakhs and net profit after tax at Rs. 166.88 lakhs, both declining year-on-year. The board approved results on 09 May 2026, and the company subsequently filed newspaper publication compliance under Regulation 47(3), confirming publication in Financial Express and Mana Telangana on 10 May 2026. Securities Dealing and Broking remained the largest segment, while Registrar & Share Transfer Agents recorded notable growth.

*this image is generated using AI for illustrative purposes only.
CIL Securities Limited 's Board of Directors, at its meeting held on 09th May 2026, approved the audited standalone financial results for the quarter and financial year ended 31st March 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 11:30 AM and concluded at 1:40 PM. The results were reviewed by the Audit Committee prior to board approval and have been signed off by Managing Director K K Maheshwari (DIN: 00223241) and CFO Sabavath Vinod Kumar. Subsequently, pursuant to Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified BSE Limited on 11th May 2026 that the audited financial results were published in Financial Express (English) and Mana Telangana (Telugu) on 10th May 2026.
Financial Performance Overview
The company reported a decline in both revenue and profitability for the full year ended 31st March 2026 compared to the previous year. Revenue from operations fell to Rs. 836.10 lakhs from Rs. 982.84 lakhs, while net profit after tax declined to Rs. 166.88 lakhs from Rs. 206.10 lakhs. The following table summarises the key financial metrics across periods (Rs. in Lakhs):
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations: | 172.64 | 206.21 | 203.04 | 836.10 | 982.84 |
| Other Income: | 0.94 | 0.29 | -0.55 | 2.13 | 1.40 |
| Total Income: | 173.58 | 206.50 | 202.49 | 838.23 | 984.24 |
| Total Expenses: | 158.68 | 138.29 | 145.07 | 615.15 | 708.36 |
| Profit Before Tax: | 14.90 | 68.21 | 57.42 | 223.08 | 275.88 |
| Net Profit After Tax: | 11.15 | 51.04 | 42.60 | 166.88 | 206.10 |
| Basic EPS (Rs. 10/- each): | 0.22 | 1.02 | 0.85 | 3.34 | 4.12 |
| Diluted EPS (Rs. 10/- each): | 0.22 | 1.02 | 0.85 | 3.34 | 4.12 |
Expense Breakdown
Total expenses for FY26 stood at Rs. 615.15 lakhs compared to Rs. 708.36 lakhs in FY25. The key expense components for the full year are detailed below (Rs. in Lakhs):
| Expense Item: | FY26 | FY25 |
|---|---|---|
| Employee Benefits Expense: | 232.14 | 251.20 |
| Finance Costs: | 3.15 | 14.97 |
| Depreciation Expense: | 24.72 | 34.23 |
| Other Expenses: | 355.14 | 407.96 |
| Total Expenses: | 615.15 | 708.36 |
Segment-Wise Performance
The company operates across five business segments. Securities Dealing and Broking remained the largest revenue contributor, though it recorded a decline. The Registrar & Share Transfer Agents segment showed notable growth in both revenue and results. Segment-wise revenue and results for FY26 versus FY25 are presented below (Rs. in Lakhs):
| Segment: | FY26 Revenue | FY25 Revenue | FY26 Results | FY25 Results |
|---|---|---|---|---|
| Securities Dealing and Broking: | 668.42 | 879.86 | 173.93 | 262.06 |
| Merchant Banking Fee: | 0.90 | 10.35 | 0.45 | 3.79 |
| Consultancy Fee: | 17.41 | 7.80 | 10.63 | 2.91 |
| Registrar & Share Transfer Agents: | 126.55 | 59.62 | 36.70 | 15.26 |
| Demat / Depository: | 22.82 | 25.21 | 4.52 | 6.83 |
| Total: | 836.10 | 982.84 | 226.23 | 290.85 |
Total segment assets stood at Rs. 4,787.64 lakhs as at 31st March 2026, compared to Rs. 5,401.66 lakhs as at 31st March 2025. Total segment liabilities declined to Rs. 1,482.92 lakhs from Rs. 2,263.82 lakhs over the same period.
Balance Sheet Highlights
The company's total assets as at 31st March 2026 were Rs. 4,787.64 lakhs, down from Rs. 5,401.66 lakhs as at 31st March 2025. Key balance sheet items are summarised below (Rs. in Lakhs):
| Balance Sheet Item: | 31st March 2026 | 31st March 2025 |
|---|---|---|
| Equity Share Capital: | 500.00 | 500.00 |
| Other Equity – Reserves & Surplus: | 2,804.72 | 2,637.84 |
| Property, Plant and Equipment: | 79.13 | 91.38 |
| Current Investments: | 850.12 | 1,139.86 |
| Trade Receivables (Current): | 298.56 | 329.59 |
| Cash and Cash Equivalents: | 891.16 | 725.73 |
| Other Current Assets: | 1,931.03 | 2,321.77 |
| Trade Payables (Current): | 1,368.53 | 2,143.84 |
| Total Assets / Total Equity & Liabilities: | 4,787.64 | 5,401.66 |
Cash Flow Summary
For the year ended 31st March 2026, the company generated net cash from operating activities of Rs. 180.48 lakhs, a significant improvement from a net cash outflow of Rs. (4.72) lakhs in the previous year. Net cash used in investing activities was Rs. (11.90) lakhs, while net cash used in financing activities was Rs. (3.15) lakhs. Cash and cash equivalents at the end of the year stood at Rs. 891.16 lakhs, up from Rs. 725.73 lakhs at the beginning of the year.
Auditor's Report and Compliance
The standalone financial statements were audited by Ramkishore Jhawar & Associates, Chartered Accountants (M. No. 027970, Firm No. 003016S), Hyderabad. The auditor issued an unmodified opinion, confirming that the financial statements give a true and fair view in conformity with accounting principles generally accepted in India and comply with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013. The auditor also expressed an unmodified opinion on the adequacy and operating effectiveness of the company's internal financial controls over financial reporting as at 31st March 2026. Key compliance observations include:
- No fraud on the company was noticed or reported during the year
- No pending litigations impacting the company's financial position
- No dividend declared or paid during the year
- Audit trail (edit log) feature was adequately implemented as required under the Companies (Accounts) Rules, 2014
- All statutory dues were deposited regularly with appropriate authorities with no outstanding dues as at 31st March 2026 for more than six months
- The company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934
The financial results and full details are available on the BSE website at www.bseindia.com and on the company's website at www.cilsecurities.com .
Historical Stock Returns for CIL Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.70% | 0.0% | 0.0% | 0.0% | 0.0% | +230.13% |
Can the Registrar & Share Transfer Agents segment, which more than doubled its revenue in FY26, sustain this growth trajectory and potentially offset the ongoing decline in the core Securities Dealing and Broking segment?
Given the sharp 24% drop in Securities Dealing and Broking revenue, what strategic initiatives is CIL Securities planning to regain market share amid increasing competition from discount brokers and fintech platforms?
With trade payables declining significantly from Rs. 2,143.84 lakhs to Rs. 1,368.53 lakhs and strong operating cash flow of Rs. 180.48 lakhs, will the company consider reinstating dividends or deploying capital for acquisitions or expansion in FY27?































