Mathew Easow FY26 net profit at ₹8.17 lakh, appoints director

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Key Highlights

Mathew Easow Research Securities Ltd. announced its audited financial results for FY26, reporting a net profit of ₹8.17 lakh and total income of ₹284.83 lakh. The board approved the appointment of Ms. Sarika Kedia as an Independent Director and accepted the resignation of Mr. Jitendra Kumar Bhagat. Key committees were reconstituted following these board changes.

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Mathew Easow Research Securities Ltd. reported a net profit of ₹8.17 lakh for the financial year ended March 31, 2026, alongside a revenue increase to ₹284.18 lakh. The board of directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. The statutory auditor, M/s. GGPS And Associates, issued an unmodified opinion on the results.

Financial Performance

The company recorded a total income of ₹284.83 lakh for FY26, compared to ₹266.52 lakh in the previous year. Total expenses for the year stood at ₹273.95 lakh, slightly lower than the ₹255.36 lakh reported in FY25. Profit before tax for the year was ₹10.88 lakh. For the quarter ended March 31, 2026, the company posted a net profit of ₹2.58 lakh on a total income of ₹57.96 lakh.

Particulars Year ended 31.03.2026 (₹ in Lakh) Year ended 31.03.2025 (₹ in Lakh)
Total Income from Operations (net) 284.18 259.07
Total Expenses 273.95 255.36
Profit for the period 8.17 8.30
Earnings Per Share (Basic) (₹) 0.12 0.12

Board and Governance Changes

The board approved the appointment of Ms. Sarika Kedia as an Additional Non-Executive Independent Director for a term of five years commencing May 27, 2026, subject to shareholder approval. Concurrently, Mr. Jitendra Kumar Bhagat resigned as a Non-Executive Independent Director effective the close of business hours on May 27, 2026, citing pressing personal commitments. Following these changes, the board reconstituted its key committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee, effective May 27, 2026.

Regulatory Disclosures

The company confirmed that the statement of deviation or variation under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable for the period. The trading window for dealing in the company's securities remains closed for directors and designated persons until 48 hours after the declaration of the financial results.

How will the appointment of Ms. Sarika Kedia influence the company's strategic direction and governance standards?

What are the expected revenue growth drivers for the upcoming financial year following the modest increase in FY26?

Will the company explore new business segments or investment opportunities to enhance profitability margins?

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Mathew Easow Research Securities confirms non-large corporate status in BSE filing

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Reviewed by
Radhika SScanX News Team
Key Highlights

Mathew Easow Research Securities Limited filed a compliance disclosure with BSE on April 7, 2026, confirming it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The circular pertains to fund raising by issuance of debt securities by large entities. Company Secretary & Compliance Officer Rajshree Mundhra signed the filing, which was submitted to BSE for regulatory record-keeping purposes.

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Mathew Easow Research Securities Limited has submitted a regulatory compliance filing to BSE confirming its status under SEBI's framework for large corporate entities. The disclosure, dated April 7, 2026, specifically addresses the company's classification under regulations governing debt securities fund raising.

Regulatory Compliance Filing

The filing references SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which establishes the framework for fund raising by issuance of debt securities by large entities. In the disclosure, Mathew Easow Research Securities Limited explicitly confirmed that it does not qualify as a 'Large Corporate' under the parameters defined in the SEBI circular.

Filing Details: Information
Date: April 7, 2026
Exchange: BSE Ltd.
Scrip Code: 511688
Reference Circular: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018

Company Information

Mathew Easow Research Securities Limited operates from its registered office at Rajkamal Building, 128, Rashbehari Avenue, 1st Floor, Kolkata - 700 029. The company holds CIN L74910WB1994 PLC064483 and maintains communication channels through email at mers.ltd@gmail.com and website www.mersl.co.in .

Compliance Officer Details

The regulatory filing was signed by Rajshree Mundhra, who serves as the Company Secretary & Compliance Officer for Mathew Easow Research Securities Limited. The disclosure was formally submitted to BSE for record-keeping purposes as part of the company's ongoing regulatory compliance obligations.

This filing represents a standard regulatory disclosure required under SEBI guidelines to clarify the company's status regarding debt securities fund raising frameworks applicable to large corporate entities.

What are the specific criteria that determine 'Large Corporate' status under SEBI regulations, and how close is Mathew Easow Research Securities to meeting these thresholds?

How might this non-large corporate status impact the company's future debt fundraising options and capital structure strategy?

Will SEBI's regulatory framework for debt securities by large entities undergo any revisions that could affect mid-sized financial services companies like Mathew Easow Research Securities?

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