NDA Securities FY26 revenue rises, profit declines sharply
NDA Securities reported FY26 revenue of ₹847.60 lakh, up from ₹625.04 lakh, while standalone net profit fell to ₹7.47 lakh. Consolidated results showed a net loss of ₹27.86 lakh.

*this image is generated using AI for illustrative purposes only.
NDA Securities Limited reported its audited standalone and consolidated financial results for the year ended March 31, 2026, on May 29, 2026. The board, meeting at the registered office in New Delhi, approved the results which show a significant rise in revenue but a sharp decline in annual net profit. The statutory auditors, JM & Associates, issued an unmodified opinion on the financial statements, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
For the full year ended March 31, 2026, the company reported a standalone net profit of ₹7.47 lakh, a substantial decrease from ₹159.59 lakh in the previous year. Total income for the year stood at ₹930.91 lakh, compared to ₹762.15 lakh in FY25. Revenue from operations increased to ₹847.60 lakh from ₹625.04 lakh in the prior year. The basic and diluted earnings per share (EPS) for the year dropped to ₹0.13 from ₹2.68 in the previous fiscal year.
In the quarter ended March 31, 2026, the company posted a standalone net profit of ₹53.94 lakh, recovering from a loss of ₹43.52 lakh in the quarter ended December 31, 2025. Revenue from operations for Q4FY26 surged to ₹525.31 lakh from ₹135.25 lakh in the corresponding quarter of the previous year. Total expenses for the quarter were ₹489.87 lakh.
Operational Highlights and Disclosures
The financial results indicate that segment reporting under Ind AS 108 became applicable for the first time during FY26. The company identified three reportable operating segments: Broking, Securities Trading, and Securities Investment. The Securities Trading and Securities Investment segments were newly started during the current financial year. The Broking segment generated revenue of ₹384.87 lakh for the year, while Securities Trading and Securities Investment contributed ₹288.83 lakh and ₹173.94 lakh respectively.
A material disclosure in the notes to the accounts states that consequent upon a change in management control, the Life Insurance Corporation of India (LIC) removed the company from its approved broker panel. The management stated that it is actively pursuing re-empanelment with LIC. Additionally, the company started investment and trading in securities on a delivery and intraday basis during the year.
Consolidated Results
On a consolidated basis, the company reported a net loss of ₹27.86 lakh for FY26, compared to a net profit of ₹155.39 lakh in the previous year. Total consolidated income was ₹932.03 lakh. The consolidated financial statements include the results of subsidiaries NDA Capital Advisors Private Limited and NDA Research & Technologies Private Limited. The latter was acquired on July 4, 2025, and its results were consolidated from the date of acquisition.
| Metric | Standalone FY26 (₹ in Lakh) | Standalone FY25 (₹ in Lakh) | Consolidated FY26 (₹ in Lakh) | Consolidated FY25 (₹ in Lakh) |
|---|---|---|---|---|
| Revenue from Operations | 847.60 | 625.04 | 847.60 | 625.04 |
| Total Income | 930.91 | 762.15 | 932.03 | 763.16 |
| Total Expenses | 920.40 | 592.03 | 956.85 | 597.24 |
| Net Profit / (Loss) | 7.47 | 159.59 | (27.86) | 155.39 |
| EPS (Basic) | 0.13 | 2.68 | (0.47) | 2.61 |
Historical Stock Returns for NDA Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -9.00% | -1.73% | -16.18% | -6.76% | -49.92% | +494.22% |
What is the likelihood and timeline for NDA Securities securing re-empanelment with LIC following the management control change?
Will the surge in Q4 revenue and operational recovery be sustained into FY27, or was it driven by one-off factors?
How will the consolidation of the newly acquired NDA Research & Technologies impact profitability and operational synergy in the coming year?


































