Clear Secured Services Limited disclosed that its promoters and promoter group have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India Limited pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers both direct and indirect holdings by the promoters and persons acting in concert.

The filing identifies five individuals as promoters and promoter group members. The list includes Mr. Vimaldhar Laltaprasad Dubey, Mr. Rakesh Dhar Dubey, Mr. Sanjay Dubey, and Mrs. Kusum Dubey, all designated as Promoters. Mr. Ashish Vimal Dubey is identified as a member of the Promoter Group. The declaration was signed on April 8, 2026, by Promoter Vimal Dhar Lalta Prasad Dubey on behalf of the group.

Promoter and Promoter Group Details

The disclosure was addressed to the Listing Compliance Department of the exchange. A copy of the declaration was also forwarded to the Audit Committee of clear secured services . The company operates from its registered office in Sion, Mumbai, and maintains a corporate office in Chembur.

Clear Secured Services Limited achieved a revenue of ₹785 crore in FY26, marking a 63% increase from ₹483 crore in FY25, driven by a diversified service portfolio and strategic expansion into government contracts. The integrated facility and infrastructure solutions provider sustained its EBITDA margin at 8%, with EBITDA growing 62% to ₹60 crore, while Adjusted Profit After Tax surged 67% to ₹30 crore. This financial performance was detailed in the company's Analysts/Institutional Investor Presentation submitted to the National Stock Exchange of India Limited on June 8, 2026.

The company's growth trajectory has been significant over the past four years, with revenue climbing from ₹357 crore in FY23 to ₹785 crore in FY26, representing a compound annual growth rate exceeding 40%. A key driver of this expansion has been a deliberate pivot towards sovereign-backed projects, with revenue from government and PSUs rising to 31% in FY26 from 12% in FY24. This shift provides payment security and counter-cyclical resilience, insulating the company from private sector volatility.

Financial Performance

Clear Secured Services demonstrated robust operational efficiency alongside its top-line expansion. The company reported a balance order book of approximately ₹142 crore from government players, excluding private multi-year contracts, ensuring forward visibility for the next fiscal year. The debt-to-equity ratio improved significantly to 0.42 in FY26 from 1.02 in FY25, indicating a strengthened balance sheet following strategic capital management.

Strategic Diversification

The company operates a four-engine model comprising Integrated Facility Management, Security & E-Surveillance, Infrastructure, and Trading. Integrated Facility Management remains the anchor, contributing 47% to the revenue mix, while Security & E-Surveillance accounts for 18%. The infrastructure vertical serves as a margin booster, contributing 12%, and trading acts as a volume driver with 23%. This balanced mix hedges against sector-specific risks and supports sustainable growth.

Long-term client relationships underpin the company's stability, with contracts extending to 2029 for entities like Mumbai Metro Rail Corp and 2027 for Indian Railways. The company holds PSARA licenses in 17 states, creating a regulatory moat that allows it to bid for national tenders in railways, banking, and oil & gas sectors, which regional competitors cannot access.