CIL Securities net profit falls 19% in FY26; AGM set for Sep 30
- Net profit fell 19% to ₹166.88 lakh in FY26 due to volatile markets
- Revenue from operations declined 14.93% to ₹836.10 lakh
- Registrar & Share Transfer Agent income rose to ₹126.55 lakh
- 37th AGM scheduled for September 30, 2026, via video conferencing

*this image is generated using AI for illustrative purposes only.
CIL Securities reported a 19% decline in net profit for the financial year ended March 31, 2026 (FY26), citing volatile market conditions and reduced trading volumes. The company has scheduled its 37th Annual General Meeting (AGM) for September 30, 2026.
Financial Performance
Revenue from operations fell 14.93% to ₹836.10 lakh in FY26, compared to ₹982.84 lakh in the previous year. Profit before tax dropped to ₹223.08 lakh from ₹275.88 lakh. Net profit after tax stood at ₹166.88 lakh, down from ₹206.10 lakh in FY25.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹836.10 lakh | ₹982.84 lakh | -14.93% |
| Profit Before Tax | ₹223.08 lakh | ₹275.88 lakh | -19.14% |
| Net Profit After Tax | ₹166.88 lakh | ₹206.10 lakh | -19.03% |
The decline was primarily attributed to global economic uncertainty, foreign fund outflows, and geopolitical tensions that impacted investor sentiment and trading activity. Despite the revenue dip, the company maintained an EBIT margin of 27.06% and a net profit margin of 19.96% through disciplined cost management.
Segment-Wise Performance
Securities dealing and broking remained the core revenue driver, contributing ₹668.42 lakh, down from ₹879.86 lakh in FY25. Conversely, the Registrar & Share Transfer Agent segment saw significant growth, with income rising to ₹126.55 lakh from ₹59.62 lakh. Merchant banking fees declined sharply to ₹0.90 lakh from ₹10.35 lakh.
AGM and Governance
The 37th AGM will be held via Video Conferencing on September 30, 2026, at 11:00 am. Shareholders will vote on the reappointment of Mr. Piyush Modi as a Director retiring by rotation. Additionally, a Special Resolution seeks approval for the continuation of Mr. Santosh Kumar Rathi as an Independent Director upon attaining the age of 75.
Remote e-voting is facilitated by Central Depository Services (India) Limited (CDSL). The voting period runs from September 27, 2026, at 10:00 am to September 29, 2026, at 5:00 pm. Shareholders holding shares as on the record date of September 23, 2026, are eligible to vote. The Ministry of Corporate Affairs permits holding AGMs through VC/OAVM without physical presence.
Members can access the Notice and Annual Report via the company website or CDSL portal. Those wishing to speak during the meeting must register as speakers by sending a request to secretary@cilsecurities.com between September 27, 2026, at 10:00 am and September 29, 2026, at 5:00 pm.
Balance Sheet Highlights
Total assets decreased to ₹4,787.64 lakh from ₹5,401.66 lakh. Current assets stood at ₹4,573.37 lakh, supported by cash and cash equivalents of ₹891.16 lakh. The company operates without significant debt exposure, maintaining a debt-equity ratio of nil. Unclaimed dividends and equity shares from the year ended March 31, 2019, will be transferred to the Investor Education and Protection Fund (IEPF).
Regulatory Compliance
Shareholders holding physical securities are mandated to update their KYC details, including PAN, contact information, bank account details, and specimen signatures, with the Registrar and Share Transfer Agent. Effective from April 1, 2024, service requests such as transmission and dividend payments will only be processed after KYC updation. Failure to update details may result in withheld dividends.
What the Numbers Show
While core brokerage revenues contracted due to market volatility, the Registrar & Share Transfer Agent segment more than doubled its contribution, highlighting a diversification in revenue streams. However, this growth was insufficient to offset the broader decline in securities dealing income, resulting in an overall contraction in profitability.
Historical Stock Returns for CIL Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.44% | -1.20% | -6.98% | +6.11% | -27.71% | +103.61% |
How might the continued growth in the Registrar & Share Transfer Agent segment influence CIL Securities' long-term revenue diversification strategy amidst volatile brokerage markets?
What specific operational adjustments is management planning to implement to stabilize securities dealing revenues if global geopolitical tensions and foreign fund outflows persist?
Could the reappointment of Mr. Piyush Modi and the retention of Mr. Santosh Kumar Rathi signal any upcoming strategic shifts in corporate governance or business direction?

































