Standard Capital Markets filed its Annual Report for FY26 with BSE on September 7, 2026, reporting standalone Profit After Tax of ₹8,049.23 lakhs, a jump of 283.95% over the previous year.

The company's total standalone income rose to ₹39,578.14 lakhs from ₹10,077.65 lakhs in the prior year, representing growth of 392.73%. Revenue from operations stood at ₹22,178.58 lakhs versus ₹6,424.92 lakhs previously. The filing was made under Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and includes the notice of the 39th Annual General Meeting scheduled for Tuesday, September 29, 2026, via Video Conferencing.

Financial Performance

The following table summarises the company's standalone and consolidated financial results for FY26.

Key financial ratios for the standalone entity are presented below.

Capital Adequacy and AUM

Standard Capital Markets maintained a Capital to Risk-Weighted Assets Ratio (CRAR) of 14.94% as at March 31, 2026, compared to 15.56% in the prior year. Tier-I CRAR stood at 13.80% and Tier-II CRAR at 1.14%. Assets Under Management (AUM) grew to ₹2,28,621.99 lakhs as at March 31, 2026, from ₹1,31,885.49 lakhs as at March 31, 2025. The company also highlighted an AUM figure of more than ₹3,000 crores in its annual report narrative.

Share Capital and Corporate Actions

During FY26, the company increased its Authorised Share Capital from ₹200,00,00,000 to ₹2,000,00,00,000. It allotted 72,45,74,640 equity shares of face value ₹1 each at an issue price of ₹1.30 per share upon conversion of loans, raising paid-up capital from ₹173,00,03,000 to ₹245,45,77,640. The company also issued Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures aggregating up to ₹900,00,00,000 in five series on a private placement basis. No dividend was declared or paid on equity shares during FY26.

Leadership Transition

The Board approved the appointment of Mr. Krishnan (DIN: 07034128) as Managing Director effective September 30, 2026, following Ram Gopal Jindal's resignation from the MD role due to health reasons. Jindal will continue as Executive Director and Board member from September 30, 2026. Mr. Krishnan is a retired Deputy General Manager of Canara Bank with over 37 years of banking experience. His proposed remuneration as Managing Director is capped at ₹1,50,000 per month, comprising basic salary of ₹90,000, HRA of ₹45,000, travel allowance of ₹1,600, and special allowance of ₹13,400, subject to shareholder approval at the 39th AGM.

Material Related Party Transactions

The 39th AGM agenda includes shareholder approval for material related party transactions with two entities for FY26-27, each capped at ₹500 crore.

Both entities are related parties through Ms. Pinki Jindal, a relative of Managing Director and Promoter Ram Gopal Jindal, who serves as director in both companies. The proposed transactions represent 225.69% of the company's annual consolidated turnover for the immediately preceding financial year.

39th AGM Details

The 39th Annual General Meeting is scheduled for September 29, 2026 at 12:00 PM via Video Conferencing. Book closure dates are September 23, 2026 to September 29, 2026. The cut-off date for remote e-voting eligibility is September 22, 2026, with the voting window open from September 26, 2026 at 9:00 AM to September 28, 2026 at 5:00 PM. M/s. Nitika G & Associates has been appointed as Scrutinizer for the e-voting process.

CSR and Compliance

The company spent ₹23,73,296 on CSR activities during FY26, fulfilling its full obligation of 2% of average net profit. CSR initiatives were implemented through the Srikaya Foundation, focused on healthcare infrastructure and medical equipment. The company received a penalty of ₹2,360 from BSE for a one-day delay in submitting the shareholding pattern for the quarter ended June 30, 2025, which has been paid.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE625D01028/45bb7a44-56fc-4949-8123-1f9d385e659d.pdf

Standard Capital Markets Ltd reported a significant deterioration in its financial performance for the first quarter of FY27, with the standalone net loss more than doubling year-on-year. The company posted a net loss of ₹62.8 crore for the quarter ended June 30, 2026, compared to a net loss of ₹28.3 crore in the same period of FY25. This follows a profit of ₹80.5 crore in the preceding quarter (Q4FY26).

Total income for the quarter fell sharply to ₹10.8 crore, down from ₹68.0 crore recorded in Q1FY25. The consolidated financial results reflected similar trends, with consolidated total income at ₹10.8 crore and a consolidated net loss of ₹62.8 crore.

The Board of Directors approved the unaudited financial results at their meeting held on August 14, 2026. The results were reviewed by the Audit Committee prior to approval.

Financial Performance

The company’s earnings per share (basic) stood at negative ₹0.256 for the quarter, a decline from positive ₹0.072 in the corresponding quarter of the previous fiscal year.

What the Numbers Show

The divergence between total income and the magnitude of the net loss highlights significant non-operating pressures or exceptional items impacting the bottom line. While total income dropped to ₹10.8 crore, the pre-tax loss before exceptional items was recorded at ₹69.0 crore. This indicates that the majority of the loss was driven by factors other than direct operational revenue decline, such as investment losses, provisions, or other comprehensive income adjustments, rather than just the contraction in top-line business activity.