Ladderup Finance Q1 Results: Net profit rises 98% YoY to ₹408 lakh
Ladderup Finance Ltd posted a consolidated net profit of ₹408.70 lakh for Q1FY27, up 98% YoY, driven by higher fair value gains and revenue growth to ₹931.96 lakh. The Board also approved the re-appointment of director Manoj Singrodia and noted the resignation of Saurabh Sarayan.

*this image is generated using AI for illustrative purposes only.
Ladderup Finance reported a consolidated net profit after tax of ₹408.70 lakh for the quarter ended June 30, 2026, a sharp rise from ₹205.94 lakh in the same period last year. The Mumbai-based financial services firm saw its total income jump to ₹997.11 lakh from ₹620.86 lakh, driven largely by a surge in net gain on fair value changes of financial assets to ₹508.75 lakh from ₹213.03 lakh. This performance underscores the company's reliance on market-linked investment returns as a primary profit driver.
The Board of Directors approved the unaudited standalone and consolidated financial results at a meeting held on August 11, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shah Gupta & Co., the statutory auditor, issued a limited review report stating that nothing came to their attention to suggest the statements contained material misstatements. The company also appointed M/s CAS & Co. Chartered Accountants as its Internal Auditor for the financial year 2026-27.
Financial Performance Highlights
The consolidated results reveal a strong top-line expansion alongside improved profitability. Revenue from operations increased by approximately 61% year-on-year, reaching ₹931.96 lakh. While interest income declined slightly to ₹4.60 lakh from ₹17.06 lakh, this was more than offset by robust fee and commission income of ₹415.76 lakh and dividend income of ₹285 lakh. Total expenses stood at ₹520.08 lakh, up from ₹428.92 lakh in the prior year quarter, with employee benefits expenses rising significantly to ₹322.55 lakh from ₹278.60 lakh.
| Particulars | Q1FY27 (₹ lakh) | Q1FY26 (₹ lakh) | Change |
|---|---|---|---|
| Revenue from operations | 931.96 | 578.09 | +61.2% |
| Total Income | 997.11 | 620.86 | +60.6% |
| Total Expenses | 520.08 | 428.92 | +21.3% |
| Net Profit After Tax | 408.70 | 205.94 | +98.5% |
| EPS (Basic) | ₹3.58 | ₹1.68 | +113.1% |
On a standalone basis, the company reported a net profit after tax of ₹330.35 lakh, compared to ₹117.99 lakh in Q1FY26. Standalone revenue from operations was ₹483.93 lakh, up from ₹209.12 lakh. The standalone segment results showed that investment activities contributed ₹425.96 lakh to the segment result, while finance activities generated ₹3.96 lakh. In contrast, consolidated segment results indicated that investment advisory services contributed ₹92.78 lakh, while investment activities contributed ₹511.60 lakh.
Corporate Governance Updates
Alongside the financial results, the Board addressed key governance matters. Mr. Manoj Singrodia, a Non-Executive Director, retires by rotation at the ensuing Annual General Meeting (AGM) and is eligible for re-appointment subject to shareholder approval. Mr. Singrodia is a qualified Chartered Accountant with over 30 years of experience in tax and international regulatory matters. Conversely, Mr. Saurabh Sarayan resigned from his position as Non-Executive Director effective August 11, 2026. The draft notice for the 33rd AGM, scheduled for September 24, 2026, was also approved.
What the Numbers Show
The disproportionate rise in net profit relative to operating expenses highlights the volatility and significance of fair value adjustments in Ladderup’s earnings model. With net gain on fair value changes accounting for over 50% of total revenue in Q1FY27, the company’s bottom line remains highly sensitive to market movements. While fee and commission income provides a stable base, the substantial contribution from unrealized gains suggests that future profitability may fluctuate with equity market conditions. Investors should monitor the sustainability of these fair value gains against the backdrop of rising employee benefit costs, which increased by nearly 16% year-on-year.
Historical Stock Returns for Ladderup Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.50% | -4.64% | -4.10% | -5.09% | -11.56% | +208.90% |
How might Ladderup Finance mitigate the risk of earnings volatility given that fair value changes accounted for over 50% of total revenue in Q1FY27?
What strategic initiatives is the company pursuing to diversify its revenue streams beyond market-linked investment returns and reduce reliance on unrealized gains?
Will the rising employee benefit expenses, which increased by nearly 16% year-on-year, signal an expansion in headcount or a shift in compensation structure, and how will this impact future margins?

































