SKP Securities Reports FY26 Net Profit of Rs 1,034.75 Lacs; Recommends Rs 2 Dividend

SKP Securities Limited held its Board of Directors meeting on May 09, 2026, to approve the audited financial results for the quarter and financial year ended March 31, 2026. The statutory auditors, M/s S K Agrawal and Co Chartered Accountants LLP, issued an unmodified opinion on the results, confirming they give a true and fair view in conformity with Indian Accounting Standards. The results were reviewed by the Audit Committee and approved by the Board at their respective meetings held on May 08 and May 09, 2026.

Financial Performance

SKP Securities delivered a strong financial performance for FY26. Revenue from operations for the year stood at Rs 4,102.27 lacs, driven by Brokerage and Fee Income of Rs 3,383.87 lacs and Interest Income of Rs 716.96 lacs. The company reported a Net Profit of Rs 1,034.75 lacs for the full year, compared to Rs 998.95 lacs in the previous year. Basic and Diluted EPS for FY26 were reported at Rs 15.20.

The following table presents the key financial metrics for the quarter and full year:

Metric:	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Total Revenue from Operations (Rs. in lacs):	1,078.65	1,037.24	844.33	4,102.27	3,715.88
Other Income (Rs. in lacs):	0.05	0.02	4.90	0.11	4.97
Total Income (Rs. in lacs):	1,078.70	1,037.26	849.23	4,102.38	3,720.85
Total Expenses (Rs. in lacs):	800.93	682.88	689.29	2,716.08	2,392.55
Profit before Tax (Rs. in lacs):	277.77	354.38	159.94	1,386.30	1,328.30
Net Profit (Rs. in lacs):	190.29	266.46	115.88	1,034.75	998.95
Total Comprehensive Income (Rs. in lacs):	267.21	264.13	102.02	1,104.68	990.05
Basic EPS (Rs.):	2.79	3.91	1.70	15.20	14.67
Diluted EPS (Rs.):	2.79	3.91	1.70	15.20	14.67

Total expenses for FY26 were Rs 2,716.08 lacs, with key components including Brokerage and Fee Expenses of Rs 1,019.07 lacs, Employee Benefits Expenses of Rs 863.46 lacs, Other Expenses of Rs 636.30 lacs, Finance Cost of Rs 140.25 lacs, and Depreciation and Amortisation Expenses of Rs 57.00 lacs.

Balance Sheet Highlights

The company's balance sheet as at March 31, 2026, reflects healthy growth in total assets, which increased to Rs 10,610.85 lacs from Rs 8,858.72 lacs in the previous year. Total Equity grew to Rs 6,040.03 lacs from Rs 5,071.52 lacs, while Other Equity stood at Rs 5,359.15 lacs. The paid-up equity share capital remained unchanged at Rs 680.88 lacs.

Particulars:	As at 31st Mar-26 (Rs. in lacs)	As at 31st Mar-25 (Rs. in lacs)
Total Financial Assets:	9,444.57	7,781.67
Total Non-Financial Assets:	1,166.28	1,077.05
Total Assets:	10,610.85	8,858.72
Total Financial Liabilities:	4,287.88	3,483.42
Total Non-Financial Liabilities:	282.94	303.78
Total Equity:	6,040.03	5,071.52
Total Liabilities and Equity:	10,610.85	8,858.72

Cash Flow Summary

The cash flow statement for the year ended March 31, 2026, prepared under the Indirect Method as per Ind AS-7, reflects the following key movements:

Particulars:	Year ended 31st March 2026 (Rs. in lacs)	Year ended 31st March 2025 (Rs. in lacs)
Operating Profit before Working Capital Changes:	1,595.38	1,369.61
Net Cash Generated / (Used) - Operating Activities:	(740.19)	(721.26)
Net Cash Generated / (Used) - Investing Activities:	42.76	(72.06)
Net Cash Generated / (Used) - Financing Activities:	674.62	816.34
Net Increase / (Decrease) in Cash & Cash Equivalents:	(22.81)	23.02
Closing Cash and Cash Equivalents:	6.24	29.05

Proceeds from short-term borrowings (net) stood at Rs 951.04 lacs, while dividend paid during the year amounted to Rs 136.17 lacs. Finance costs paid were Rs 140.25 lacs.

Dividend Recommendation and Appointments

The board recommended a final dividend of Rs 2/- per equity share of face value Rs 10/- each for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The record date for payment of dividend and the date and time of the 36th Annual General Meeting will be intimated in due course.

The board also approved the re-appointment of M/s G. P. Agrawal & Co. (FRN: 302082E), Chartered Accountants, Kolkata, as Internal Auditor for FY 2026-2027. M/s G. P. Agrawal & Co. is one of the large audit, financial advisory, and consultancy firms in India, with its head office at Kolkata and branches at Mumbai and Delhi, founded in 1954. Additionally, the board approved the re-appointment of Mr. Nikunj Pachisia (DIN: 06933720) as Executive Director for a further term of three consecutive years, effective August 01, 2026 to July 31, 2029, subject to shareholder approval. Mr. Nikunj Pachisia brings 17 years of experience in capital markets across Equity Research, Institutional Equities, Investment/Merchant Banking, Broking & DP Services, Investment/Wealth Advisory, Portfolio Management, and Distribution of Financial Products. Mr. Nikunj Pachisia is related to Mr. Naresh Pachisia and Mr. Vaibhav Pachisia.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.46%	+8.62%	+4.19%	-13.68%	-10.65%	+394.32%

SKP Securities Limited has announced the demise of Prof. Santanu Ray, who served as an Independent Director and Chairman of the Audit Committee. The company filed a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the BSE about this significant development.

Details of the Disclosure

The company submitted the mandatory intimation on April 20, 2026, addressing the Deputy General Manager (Listing) at BSE Limited. The disclosure was signed by Alka Khetawat, Company Secretary (Membership No: A47322), and included all required regulatory details as per SEBI guidelines.

Particulars	Details
Director Name	Prof. Santanu Ray
DIN	00642736
Position	Independent Director and Chairman of Audit Committee
Date of Demise	April 18, 2026
Disclosure Date	April 20, 2026

Company's Statement

SKP Securities described Prof. Santanu Ray's sudden and unexpected passing as an irreparable loss to the organization. The company expressed that all directors and employees convey their deep sympathy, sorrow, and condolences to his family during this difficult time.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI LODR Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided all mandatory details in the prescribed format, including the reason for cessation and the effective date.

Impact on Board Composition

With Prof. Santanu Ray's demise, SKP Securities will need to reconstitute its Audit Committee and consider the appointment of a new Independent Director to maintain compliance with corporate governance requirements. The company will likely announce further developments regarding board composition in due course.