BSEL Algo Limited Reports Q2 FY2026 Results: Revenue Decline and Quarterly Loss

BSEL Algo Limited , a company specializing in algorithmic trading and API sales, has announced its unaudited financial results for the second quarter of fiscal year 2026. The results, which were reviewed by the Audit Committee and approved by the Board on November 7, 2025, reveal a mixed performance for the quarter ended September 30, 2025.

Financial Highlights

Metric	Q2 FY2026	Q1 FY2026	Change
Revenue from Operations	₹28.06	₹52.49	-46.5%
Profit/(Loss)	(₹38.82)	₹5.07	N/A

All figures in lakhs

Key Points

Revenue Decline: The company's standalone revenue from operations decreased significantly from ₹52.49 lakhs in the previous quarter to ₹28.06 lakhs in Q2 FY2026.
Quarterly Loss: BSEL Algo Limited reported a standalone loss of ₹38.82 lakhs for the quarter, compared to a profit of ₹5.07 lakhs in the previous quarter.
Half-Year Performance: Despite the quarterly loss, the company's half-year standalone profit reached ₹27.64 lakhs, an improvement from a loss of ₹23.75 lakhs in the corresponding period of the previous year.

Business Overview

BSEL Algo Limited's primary sources of income are:

Algorithmic trading gains
API sales

The company has adopted Indian Accounting Standards for its financial reporting.

Investor Relations

The company reported no pending investor complaints during the quarter, indicating a smooth relationship with its shareholders.

Conclusion

The quarterly results show a decline in revenue and a shift to loss, while the half-yearly performance has improved compared to the previous year. As BSEL Algo Limited operates in the algorithmic trading space, its performance may be subject to market conditions and the effectiveness of its trading algorithms.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.08%	-6.08%	-15.34%	-23.37%	-61.41%	-58.92%

BSEL Algo has announced a significant leadership change along with its financial results for the first quarter of fiscal year 2026. The company, which specializes in algorithmic trading and API sales, has appointed a new Chairman and Managing Director while reporting a profit for the quarter ended June 30, 2025.

Leadership Transition

Mr. Santosh Sambhu Tambe has resigned from his position as Managing Director of BSEL Algo, citing personal reasons. His resignation takes effect from the close of business hours on August 4, 2025. In response to this change, the Board of Directors has appointed Mr. Mohit Kishar Jain as the new Chairman and Managing Director for a five-year term, from August 4, 2025, to August 3, 2030, subject to shareholder approval.

Mr. Jain brings a wealth of experience to his new role. He is a seasoned marketing professional with expertise in stock market analysis, mutual funds, and Portfolio Management Services (PMS). Holding a Bachelor's degree in Management Studies from the University of Mumbai, Mr. Jain has demonstrated skills in digital marketing, brand positioning, client relationship management, and market research.

Q1 FY2026 Financial Highlights

For the quarter ended June 30, 2025, BSEL Algo reported the following standalone financial results:

Particulars (in ₹ Lakhs)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	54.23	2,275.16	-97.62%
Other Income	47.76	51.05	-6.44%
Total Income	101.99	2,326.21	-95.62%
Total Expenses	24.78	28.69	-13.63%
Profit Before Tax	77.21	2,297.52	-96.64%
Profit After Tax	15.07	1,843.71	-99.18%
Earnings Per Share (Basic & Diluted)	0.02	2.23	-99.10%

Key Observations

Revenue Decline: The company experienced a significant year-over-year decrease in revenue from operations, dropping from ₹2,275.16 lakhs in Q1 FY2025 to ₹54.23 lakhs in Q1 FY2026.
Profitability: Despite the revenue decline, BSEL Algo maintained profitability, albeit at a much lower level compared to the same quarter last year.
Expense Management: Total expenses decreased by 13.63% year-over-year, indicating some cost control measures.
Earnings Per Share: The basic and diluted EPS for Q1 FY2026 stood at ₹0.02, compared to ₹2.23 in the same quarter of the previous fiscal year.

Management Commentary

The company noted that it has shifted income from Algorithmic Trading Gains and API Sales to the main revenue income category from the financial year 2023-24, in accordance with Accounting Standards AS-1 and AS-5. This change reflects the growing importance of these activities as primary sources of income for BSEL Algo.

The Board of Directors, along with the Audit Committee, has reviewed and approved these financial results. The statutory auditors have also conducted a limited review of the financial statements for the quarter ended June 30, 2025.

As BSEL Algo navigates through this leadership transition and adapts to changing market conditions, investors and stakeholders will be watching closely to see how the new management team addresses the challenges and opportunities ahead.