Nexome Capital profit flat as other income offsets revenue drop
Nexome Capital Markets Limited reported a standalone net profit of ₹127.45 lakhs for Q1FY27, a slight 0.4% decline from the previous year. The stability in profits occurred despite an 81.8% drop in core operating revenue to ₹302.71 lakhs, driven by a significant 437% increase in other income to ₹424.26 lakhs. Consolidated net profit was ₹124.51 lakhs. The company also completed a rights issue raising ₹2,203.875 lakhs and converted warrants worth ₹921.60 lakhs into equity shares.

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Nexome Capital Markets Limited reported a standalone net profit of ₹127.45 lakhs for the quarter ended June 30, 2026 (Q1FY27), marking a marginal 0.4% decline from the ₹127.95 lakhs recorded in Q1FY26. Despite an 81.8% contraction in core operating revenue to ₹302.71 lakhs, the company’s bottom line remained stable due to a significant surge in non-operating income. This resilience highlights a shifting earnings composition where normalization in investment banking activities was counterbalanced by substantial gains in other income, shielding the net profit from the operational downturn.
The Board of Directors approved the unaudited financial results on August 11, 2026. Statutory auditors S K Agrawal and Co Chartered Accountants LLP issued a limited review report with an unmodified opinion on both standalone and consolidated results. The filing was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board reviewed the Monitoring Agency Report regarding the utilization of proceeds from the company’s rights issue, approving management’s comments on the findings. The Board also adopted a comprehensive Corporate Social Responsibility (CSR) Policy and Annual Action Plan for FY27.
Financial Performance Highlights
| Metric | Q1FY27 (₹ Lakhs) | Q1FY26 (₹ Lakhs) | Change |
|---|---|---|---|
| Net Sales/Income | 302.71 | 1,665.65 | -81.8% |
| Other Income | 424.26 | 78.99 | +437.0% |
| Total Income | 726.97 | 1,744.64 | -58.3% |
| Total Expenses | 558.34 | 1,546.78 | -63.9% |
| Net Profit After Tax | 127.45 | 127.95 | -0.4% |
| EPS (Basic & Diluted) | ₹1.22 | ₹2.18 | -44.0% |
Consolidated net profit stood at ₹124.51 lakhs for the quarter, compared to ₹126.75 lakhs in Q1FY26. Consolidated total income was ₹727.66 lakhs, down from ₹1,748.93 lakhs in the previous year. The subsidiaries, Nexome Capital Services Limited and Nexome Wealth Management Limited, contributed minimal revenue of ₹0.69 lakhs but incurred a net loss of ₹2.95 lakhs during the period.
Capital Raise and Equity Movements
The auditor’s report highlighted key capital movements. In March 2026, the company completed a rights issue of 29.39 lakhs equity shares at ₹75 per share, raising ₹2,203.875 lakhs. The proceeds were fully received, and shares were allotted on March 24, 2026. Furthermore, the company converted 19.2 lakhs Equity Convertible Warrants into equity shares on April 20, 2026, upon receipt of the balance consideration of ₹921.60 lakhs. These newly issued shares rank pari-passu with existing equity shares.
What the Numbers Show
The divergence between operating revenue and other income is notable. While revenue from operations plummeted by over 80%, other income surged to ₹424.26 lakhs from ₹78.99 lakhs in Q1FY26. This suggests that while core business operations faced a cyclical downturn, non-operating gains provided a buffer to net profit figures. The company maintained an ad hoc provision of 6% on its outstanding loan portfolio, totaling ₹169.33 lakhs as of June 30, 2026, with a reversal of ₹24.92 lakhs credited to the profit and loss statement during the quarter.
Historical Stock Returns for Nexome Capital Markets
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.50% | -9.19% | -16.72% | +29.68% | -32.02% | +138.76% |
How sustainable is the reliance on non-operating income to offset the 81.8% contraction in core operating revenue for future quarters?
What specific strategies is Nexome Capital employing to revitalize its investment banking activities and restore organic revenue growth?
How will the ₹2,203.875 lakhs raised from the recent rights issue be deployed to improve operational efficiency or expand market share?


































