Safecure Services CFO resigns effective July 19, 2026

1 min read     Updated on 22 Jun 2026, 07:12 PM
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AI Summary

Safecure Services Ltd has accepted the resignation of Mr. Revati Raman Sharma from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Mr. Sharma will step down from his role effective the close of business hours on July 19, 2026, citing personal reasons and the pursuit of new professional opportunities. The company disclosed this development to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Safecure Services Ltd has accepted the resignation of Mr. Revati Raman Sharma from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Mr. Sharma will step down from his role effective the close of business hours on July 19, 2026. The resignation was submitted via a letter dated June 22, 2026, and is attributed to personal reasons and the pursuit of new professional opportunities.

The company disclosed this development to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed by Shailendra Pandey, Managing Director of Safecure Services Limited. Mr. Sharma confirmed there are no material reasons for his resignation other than those stated and no other matters require disclosure under applicable laws.

Mr. Sharma has committed to extending full cooperation to ensure a smooth transition and orderly handover of responsibilities. He will assist the designated personnel in the transfer of records, documents, and ongoing assignments. The company is expected to complete all necessary regulatory filings and disclosures associated with this change in leadership.

Resignation Details

The following table outlines the key particulars regarding the change in the company's executive leadership:

Sr. No. Particulars Details
1. Reason for change Resignation due to personal reasons and pursuit of new professional opportunities.
2. Date of cessation Close of business hours on July 19, 2026.
3. Brief profile Not Applicable
4. Disclosure of relationships Not Applicable

Historical Stock Returns for Safecure Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.68%-6.25%-16.67%-35.40%-69.05%-69.05%

Who will be appointed as the interim or permanent CFO to replace Mr. Sharma?

How will this leadership transition impact Safecure Services' financial strategy and upcoming quarterly results?

What specific timeline has the company set for completing the transition of responsibilities?

Safecure Services FY26 net profit rises to ₹5.35 crore

1 min read     Updated on 30 May 2026, 07:51 PM
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Safecure Services Limited's net profit for FY26 rose to ₹5.35 crore from ₹5.09 crore in the previous year, while revenue from operations decreased to ₹54.86 crore. The board approved the audited standalone and consolidated financial results on May 30, 2026. The company's consolidated net profit stood at ₹6.17 crore for the year.

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Safecure Services Limited reported a net profit of ₹5.35 crore for the financial year ended March 31, 2026, compared to ₹5.09 crore in the previous year. Revenue from operations decreased to ₹54.86 crore from ₹60.87 crore in FY25. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026.

The statutory auditors, HRJ & Associates, issued an unmodified opinion on the financial statements. The company's earnings per share (EPS) on a basic basis stood at ₹6.54 for FY26, down from ₹7.24 in the previous year. For the half-year ended March 31, 2026, the net profit was ₹2.37 crore on a revenue of ₹26.97 crore.

Financial Performance

The company's total expenses for FY26 stood at ₹49.73 crore, lower than ₹55.13 crore in the previous year. Employee benefits expenses accounted for ₹29.28 crore, while consumables cost ₹15.53 crore. Finance costs increased to ₹1.66 crore from ₹0.87 crore in the prior year.

Particulars FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 5485.75 6086.77
Total Revenue 5506.95 6104.95
Total Expenses 4972.54 5512.74
Profit for the Period 542.45 509.82
Basic EPS (₹) 6.54 7.24

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹6.17 crore for FY26, compared to ₹6.04 crore in the previous year. Total revenue from operations stood at ₹66.88 crore, down from ₹73.10 crore in FY25. The consolidated results include the financials of subsidiary Safesense Tech Services Private Limited.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹578.22 crore, compared to ₹403.41 crore in the previous year. Equity share capital increased to ₹100.40 crore from ₹70.40 crore, following the issuance of equity shares. The company repaid most of its borrowings using IPO proceeds, with an outstanding balance of ₹134.60 lakh from HDFC Bank Ltd.

Cash flow from operating activities was negative at ₹118.16 lakh, primarily due to changes in working capital. Cash flow from financing activities was positive at ₹1,510.66 lakh, driven by proceeds from equity issuance amounting to ₹2,365.62 lakh.

Historical Stock Returns for Safecure Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.68%-6.25%-16.67%-35.40%-69.05%-69.05%

What strategic initiatives will Safecure implement to reverse the decline in revenue from operations?

How will the company manage the rising finance costs given the significant reduction in borrowings?

What are the growth plans for subsidiary Safesense Tech Services to boost consolidated performance?

More News on Safecure Services

1 Year Returns:-69.05%