Trustwave Securities returns to Q4 profit, narrows FY26 loss
Trustwave Securities Limited returned to profitability in Q4FY26 with a net profit of ₹6.95 lakh, compared to a loss in the prior year. The company reduced its full-year net loss to ₹6.10 lakh for FY26, supported by total income of ₹15.05 lakh. The Board approved the audited results, which received an unmodified opinion from statutory auditors.

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Trustwave Securities Limited returned to profitability in the fourth quarter of FY26, reporting a standalone net profit of ₹6.95 lakh compared to a net loss of ₹0.34 lakh in the corresponding quarter of the previous year. For the full financial year ended March 31, 2026, the company narrowed its net loss to ₹6.10 lakh, a significant improvement from the net loss of ₹17.09 lakh recorded in FY25. Revenue from operations for the quarter stood at ₹15.00 lakh, compared to nil in the previous year, while total income for the year reached ₹15.05 lakh.
The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The results were reviewed by the Audit Committee and received an unmodified opinion from the Statutory Auditors, Vinod S. Mehta & Co., confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted it has no separate reportable segments and no subsidiaries, associates, or joint ventures.
Total expenses for the quarter increased to ₹8.05 lakh from ₹0.34 lakh in the same period last year, driven by finance costs of ₹5.78 lakh and professional fees of ₹1.42 lakh. For the full year, total expenses rose to ₹21.14 lakh from ₹17.09 lakh in FY25, primarily due to listing fees of ₹4.03 lakh and professional fees of ₹6.12 lakh. The company's earnings per share (EPS) for continuing operations improved to ₹0.11 for the quarter, compared to a loss of ₹0.01 per share in the prior year.
Financial Performance Summary
| Metric | Q4FY26 (₹ Lakh) | Q4FY25 (₹ Lakh) | FY26 (₹ Lakh) | FY25 (₹ Lakh) |
|---|---|---|---|---|
| Total Income | 15.00 | 0.00 | 15.05 | 0.00 |
| Total Expenses | 8.05 | 0.34 | 21.14 | 17.09 |
| Net Profit/(Loss) | 6.95 | (0.34) | (6.10) | (17.09) |
| Basic EPS | 0.11 | (0.01) | (0.09) | (0.26) |
Assets and Liabilities
As of March 31, 2026, Trustwave Securities' total assets stood at ₹125.04 lakh, an increase from ₹71.80 lakh in the previous year. Current assets constituted the majority, totaling ₹125.04 lakh, which included cash and cash equivalents of ₹58.56 lakh and trade receivables of ₹17.70 lakh. Non-current assets were nil. On the liabilities side, total equity attributable to owners of the parent was negative at ₹99.69 lakh, compared to ₹93.59 lakh in the previous year. Total liabilities increased to ₹10.45 lakh from ₹5.13 lakh, driven largely by non-current borrowings of ₹218.75 lakh, up from ₹162.27 lakh in FY25.
What strategic initiatives will Trustwave Securities implement to sustain Q4 profitability and eliminate the full-year net loss in FY27?
How does the company plan to manage the rising finance costs and non-current borrowings given its negative equity position?
Will the company diversify its revenue streams beyond current operations to reduce reliance on sporadic income?
























