Systematix Securities Narrows FY26 Net Loss to ₹6.02 Lakh, Q4 Turns Profitable
Systematix Securities posted a narrowed full-year net loss of ₹6.02 lakh for the year ended March 31, 2026, compared to ₹8.24 lakh in the prior year, while Q4 turned profitable at ₹0.31 lakh. Revenue from operations grew marginally to ₹30.88 lakh, and total expenditure declined to ₹36.85 lakh, aided by lower employee and depreciation costs. Total assets stood at ₹877.76 lakh with equity share capital unchanged at ₹500.00 lakh.

*this image is generated using AI for illustrative purposes only.
Systematix Securities has released its standalone financial results for the quarter and year ended March 31, 2026, following a Board meeting held on May 25, 2026. The company reported a net loss of ₹6.02 lakh for the full fiscal year, representing a reduction from the net loss of ₹8.24 lakh recorded in the previous year. For the fourth quarter, the company turned profitable with a net profit of ₹0.31 lakh, compared to a net loss of ₹1.57 lakh in the corresponding quarter of the previous year. The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors, with a limited review carried out by the statutory auditors.
Financial Performance
Revenue from operations for the year ended March 31, 2026, was recorded at ₹30.88 lakh, marginally higher than the ₹30.60 lakh reported in the previous year. In the quarter ended March 2026, revenue from operations stood at ₹8.44 lakh, up from ₹7.43 lakh in the same period last year, and compared to ₹6.91 lakh in the quarter ended December 2025. Total expenditure for the year decreased to ₹36.85 lakh from ₹38.93 lakh in the prior year, aided by lower employee benefit expenses, which declined to ₹17.24 lakh from ₹18.44 lakh, and lower depreciation costs, which fell sharply to ₹0.41 lakh from ₹2.88 lakh. The company's earnings per share (EPS) for the year showed improvement, with a basic and diluted EPS of (₹0.12) compared to (₹0.16) in the previous year. For the quarter ended March 2026, the EPS was ₹0.01.
The following table summarises the key income statement metrics:
| Particulars: | Quarter Ended Mar 2026 (₹ Lakh) | Quarter Ended Dec 2025 (₹ Lakh) | Quarter Ended Mar 2025 (₹ Lakh) | Year Ended Mar 31, 2026 (₹ Lakh) | Year Ended Mar 31, 2025 (₹ Lakh) |
|---|---|---|---|---|---|
| Revenue from Operations: | 8.44 | 6.91 | 7.43 | 30.88 | 30.60 |
| Total Expenditure: | 8.13 | 7.70 | 9.02 | 36.85 | 38.93 |
| Profit/(Loss) before tax: | 0.31 | (0.79) | (1.59) | (5.97) | (8.33) |
| Net Profit/(Loss): | 0.31 | (0.79) | (1.57) | (6.02) | (8.24) |
| Basic and Diluted EPS (₹): | 0.01 | (0.02) | (0.03) | (0.12) | (0.16) |
Balance Sheet Highlights
The company's total assets stood at ₹877.76 lakh as of March 31, 2026, down from ₹882.11 lakh in the previous year. Financial assets constituted the majority of total assets at ₹875.65 lakh, comprising loans of ₹673.76 lakh, investments of ₹143.27 lakh, and other financial assets of ₹52.91 lakh. Non-financial assets stood at ₹2.11 lakh, down from ₹8.34 lakh, primarily due to a reduction in property, plant and equipment to ₹0.10 lakh from ₹6.31 lakh. Equity share capital remained constant at ₹500.00 lakh, while other equity decreased to ₹363.92 lakh from ₹369.93 lakh. Total liabilities increased marginally to ₹13.84 lakh from ₹12.18 lakh.
| Particulars: | Mar 31, 2026 (₹ Lakh) | Mar 31, 2025 (₹ Lakh) |
|---|---|---|
| Total Financial Assets: | 875.65 | 873.77 |
| Total Non-Financial Assets: | 2.11 | 8.34 |
| Total Assets: | 877.76 | 882.11 |
| Total Liabilities: | 13.84 | 12.18 |
| Equity Share Capital: | 500.00 | 500.00 |
| Other Equity: | 363.92 | 369.93 |
| Total Equity: | 863.92 | 869.93 |
Cash Flow Summary
Cash and cash equivalents decreased to ₹5.71 lakh from ₹7.02 lakh at the end of the previous fiscal year, reflecting a net decrease of ₹1.31 lakh during the year. Net cash used in operating activities was ₹8.72 lakh, compared to net cash generated of ₹13.97 lakh in the prior year. Investing activities generated ₹5.75 lakh, primarily from the sale of fixed assets. Financing activities contributed ₹1.66 lakh from proceeds of long and short-term borrowings.
| Cash Flow Item: | Year Ended Mar 31, 2026 (₹ Lakh) | Year Ended Mar 31, 2025 (₹ Lakh) |
|---|---|---|
| Net Cash from/(used in) Operating Activities: | (8.72) | 13.97 |
| Net Cash from/(used in) Investing Activities: | 5.75 | - |
| Net Cash from/(used in) Financing Activities: | 1.66 | (7.36) |
| Net Increase/(Decrease) in Cash & Equivalents: | (1.31) | 6.61 |
| Closing Cash & Cash Equivalents: | 5.71 | 7.02 |
Corporate Developments
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Systematix Securities published an extract of its financial results in the Financial Express (English edition) and Business Remedies (Hindi edition) on May 17, 2026. The Board also approved the re-appointment of M/s Varun Bhomia & Company as the Secretarial Auditor for the financial year 2025-26. The company is engaged in only one segment, namely investment banking, and previous period figures have been re-grouped or re-arranged to make them comparable with those of the current period. The paid-up equity share capital stands at ₹500.00 lakh, with a face value of ₹10 per share.
Historical Stock Returns for Systematix Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -3.77% | -16.49% | -18.97% | -0.51% | +118.40% |
Given the Q4 FY2026 return to profitability, can Systematix Securities sustain and expand this positive momentum into FY2027, particularly by growing revenue beyond the ₹30-31 lakh range it has plateaued at for two consecutive years?
With net cash used in operating activities swinging to negative ₹8.72 lakh and cash reserves declining, how will Systematix Securities fund its working capital needs and investment banking operations in the near term without further equity dilution?
As the company's loan book of ₹673.76 lakh constitutes the bulk of its assets, what is the asset quality and recovery outlook for these loans, and could potential write-offs pose a risk to the already eroding equity base?
































