Advik Capital Limited has announced significant corporate actions that signal potential growth and expansion plans for the company. The Board of Directors, in a meeting held on September 4, 2025, approved several key decisions that will be presented for shareholder approval at the upcoming Annual General Meeting (AGM).

Fundraising Initiative

The Board has given the green light to a substantial fundraising plan, allowing the company to raise up to Rs. 300.00 crores through the issuance and allotment of securities. This fundraising effort is designed to be flexible, with the company having the option to execute it in one or more tranches. The specifics of the securities to be issued and the terms of allotment will be determined by the Board or a designated committee at a later date, in compliance with all applicable laws and regulations.

Authorized Share Capital Increase

In a move that complements the fundraising plan, Advik Capital's Board has also approved doubling the company's authorized share capital. The proposal seeks to increase the authorized share capital from Rs. 75.00 crores to Rs. 150.00 crores, potentially paving the way for future equity expansions.

Upcoming Annual General Meeting

These significant proposals will be put forward for shareholder approval at Advik Capital's 40th Annual General Meeting, scheduled for September 26, 2025, at 12:30 PM. The AGM will be conducted through video conferencing, ensuring wider participation.

Book Closure and Record Date

For the purposes of the AGM, the company has announced a book closure period. The Register of Members and Share Transfer Books will remain closed from September 20 to September 26, 2025 (both days inclusive).

Corporate Governance and Compliance

The Board meeting, which lasted from 1:00 PM to 2:20 PM on September 4, 2025, also addressed other corporate governance matters. The Directors approved the AGM notice, along with various reports including the Directors' Report, Secretarial Audit Report, and Corporate Governance Report.

Nisha Mittal, Company Secretary and Compliance Officer of Advik Capital Limited, confirmed these developments in the company's official communication to the BSE Limited.

These strategic decisions by Advik Capital's Board suggest that the company may be positioning itself for significant corporate actions or expansion plans in the near future. Shareholders and market observers will be keenly watching the outcome of the upcoming AGM and any subsequent steps taken by the company following these approvals.

Advik Capital , a company operating in the financing and securities trading sectors, has released its financial results for the first quarter, revealing a mixed performance across its standalone and consolidated operations.

Standalone Performance

On a standalone basis, Advik Capital reported a net profit of ₹174.40 crore for Q1, marking a 21% decline from ₹221.60 crore in the corresponding quarter of the previous year. Despite the profit dip, the company's revenue from operations showed significant growth, increasing to ₹739.81 crore from ₹495.58 crore year-over-year, representing a robust 49% surge.

The company's total income, including other income, stood at ₹740.57 crore, compared to ₹495.93 crore in the same quarter last year. However, total expenses also saw a substantial rise, reaching ₹480.46 crore, up from ₹218.56 crore in the same period last year.

Consolidated Results

On a consolidated basis, which includes the performance of its wholly-owned subsidiary Advikca Finvest Limited, the company's results showed a more pronounced decline. Consolidated net profit dropped to ₹48.06 crore from ₹234.99 crore in the previous year's quarter, marking a significant 79.5% decrease.

Consolidated revenue from operations, however, showed growth, rising to ₹740.96 crore from ₹551.78 crore. The total consolidated income stood at ₹741.72 crore, compared to ₹571.61 crore in the same quarter last year.

Segment Performance

Advik Capital operates in two main segments: Securities/Share Division and Loan Division. The Loan Division continued to be the primary revenue generator, contributing ₹739.81 crore to the total revenue. The Securities/Share Division, however, reported a segment loss before tax and interest of ₹122.93 crore.

Financial Highlights

Management Commentary

The Board of Directors reviewed and approved these unaudited financial results. They have not recommended any interim dividend for the quarter.

Outlook

While Advik Capital has shown strong revenue growth, the decline in profitability, particularly on a consolidated basis, may be a point of concern for investors. The company's performance in its securities trading segment, which reported losses, could be an area to watch in the coming quarters.

As Advik Capital continues to navigate the dynamic financial services landscape, stakeholders will be keen to see how the company addresses the challenges in its trading segment and leverages its strong revenue growth to improve bottom-line performance in the future quarters.