Algoquant Fintech Limited, a leading player in algorithmic and high-frequency trading, has reported robust financial results for the fiscal year 2024-25. The company saw significant growth in revenue and profitability, underlining its strong position in the financial technology sector.

Key Financial Highlights

• Revenue from operations surged by 50.08% to Rs. 23,454.52 lakh in FY 2024-25, compared to Rs. 15,628.18 lakh in the previous year.
• Profit before tax increased by 22.07% to Rs. 3,780.01 lakh, up from Rs. 3,096.45 lakh in FY 2023-24.
• Net profit after tax rose by 31.27% to Rs. 3,257.93 lakh, compared to Rs. 2,481.86 lakh in the previous year.
• Earnings per share (EPS) improved to Rs. 20.86, up from Rs. 15.89 in the previous fiscal year.

Operational Performance

Algoquant Fintech's strong financial performance can be attributed to its focus on enhancing organizational capabilities, investments in personnel and technology, and efforts to improve the size of its balance sheet. The company's net trading income, representing trading gains net of losses, contributed significantly to the revenue growth.

Strategic Developments

During the year, Algoquant Fintech implemented a composite scheme of arrangement, which included:

1. Demerger of the Stock Broking, Self Clearing Membership, and Depository Participant Business from Growth Securities Private Limited.
2. Amalgamation of Algoquant Investments Private Limited into Algoquant Fintech Limited.

This strategic restructuring is expected to strengthen the company's position in the stock broking and financial services sector.

Capital Structure and Shareholding

As part of the scheme of arrangement, the company's paid-up equity share capital increased to Rs. 312.33 lakh, comprising 1,56,16,446 equity shares of Rs. 2 each. The company also issued bonus shares in the ratio of 1:2 to its eligible shareholders.

Management Commentary

Devansh Gupta, Managing Director of Algoquant Fintech Limited, stated, "We are pleased with our strong performance in FY 2024-25. Our focus on technology-driven trading and strategic initiatives has yielded positive results. We remain committed to innovation and growth in the evolving financial technology landscape."

Future Outlook

With its strong financial position and strategic initiatives, Algoquant Fintech is well-positioned for continued growth. The company aims to leverage its expertise in algorithmic trading and expand its presence in the financial services sector.

Investors and analysts will be watching closely to see how Algoquant Fintech capitalizes on its recent restructuring and strong financial performance in the coming fiscal year.

Algoquant Fintech , a leading financial technology company, has reported significant changes in its share pledges as disclosed by its primary promoter, Algoquant Financials LLP, in recent filings with the BSE.

Pledge Creation and Release

Algoquant Financials LLP executed the following transactions:

New Pledges Created

• Total shares pledged: 4.36 crore (15.52% of total capital)
  • 4.10 crore shares (14.59%) pledged to Globe Capital Market Limited
  • 26.25 lakh shares (0.93%) pledged to Globe Capital Market Limited

Pledges Released

• 3.98 crore shares (14.16% of total capital) released from the MCX Commodity segment

Segment Transfer

The transactions involved transferring shares from the F&O segment to the Commodity segment under Globe Capital Market Limited. This reshuffling was conducted for fund-raising purposes, as stated in the company's disclosure.

Promoter Holdings

The promoter group's total holding in Algoquant Fintech stands at 73.68% of the company's share capital. The breakdown is as follows:

Bonus Issue Impact

The company recently issued bonus shares in an 8:1 ratio, proportionally increasing the promoter holdings. This corporate action is reflected in the updated share counts and percentages reported in the latest disclosures.

Regulatory Compliance

These disclosures were made in compliance with Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has duly informed the BSE Limited, where its shares are listed.

Algoquant Fintech continues to maintain transparency in its promoter shareholding and encumbrance activities, keeping investors and regulatory bodies informed of these significant changes in share pledges.