LKP Securities Reports Q2 FY2026 Results: Revenue Up, Profit Down

LKP Securities Limited , a prominent player in the stock broking and related services sector, has released its unaudited financial results for the second quarter ended September 30, 2025. The company's performance shows a mixed picture with revenue growth but a decline in profitability.

Revenue Growth

LKP Securities reported a significant increase in standalone revenue from operations for Q2 FY2026. The company's revenue rose to Rs 2,550.83 lakhs, up from Rs 2,013.50 lakhs in the previous quarter, marking a substantial quarter-on-quarter growth of approximately 26.7%.

Profit Decline

Despite the revenue growth, the company experienced a decline in profitability. The profit after tax (PAT) for Q2 FY2026 stood at Rs 75.05 lakhs, down from Rs 104.77 lakhs in the previous quarter, representing a decrease of about 28.4%.

Consolidated Performance

On a consolidated basis, LKP Securities reported revenue from operations of Rs 2,618.56 lakhs for the quarter. This figure includes the performance of its subsidiaries: LKP Wealth Advisory Limited, LKP IFSC Private Limited, and WiseTech Platforms Private Limited.

Key Financial Highlights

Particulars (Standalone)	Q2 FY2026 (Rs. in lakhs)	Q1 FY2026 (Rs. in lakhs)	QoQ Change (%)
Revenue from Operations	2,550.83	2,013.50	+26.7%
Profit After Tax	75.05	104.77	-28.4%

Employee Stock Options

During the half-year period, LKP Securities allotted 3,66,170 equity shares to employees under its stock option plan. This move aligns with the company's strategy to incentivize and retain talent.

Segment Performance

LKP Securities primarily operates in stock broking activities and related services. The company's financial results are reported as a single segment, as per Indian Accounting Standard 108 on 'Operating Segments'.

Balance Sheet Highlights

As of September 30, 2025, LKP Securities reported:

Cash and cash equivalents: Rs 858.41 lakhs
Bank balances other than cash equivalents: Rs 9,008.83 lakhs
Total financial assets: Rs 37,454.24 lakhs
Total equity: Rs 9,648.90 lakhs

Future Outlook

While the company has shown strong revenue growth, the decline in profitability may be a point of concern for investors. LKP Securities' ability to manage costs and improve profit margins in the coming quarters will be crucial for its financial health and market position.

Investors and stakeholders will be watching closely to see how LKP Securities navigates the dynamic financial services landscape and capitalizes on market opportunities in the remainder of the fiscal year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.05%	-7.48%	-6.45%	-27.08%	-39.97%	+98.42%

LKP Securities Limited has issued a postal ballot notice seeking shareholder approval for the formal appointment of two Independent Directors who were previously appointed by the Board of Directors on October 31, 2025.

Postal Ballot Process

The company has sent the postal ballot notice to shareholders whose names appear in the Register of Members/List of Beneficial Owners as of the cut-off date of December 12, 2025. The notice has been distributed only via email to shareholders with registered email addresses with the Depository Participants/Company/Registrar and Share Transfer Agent.

Parameter:	Details
E-voting Period:	December 19, 2025 (9:00 AM IST) to January 17, 2026 (5:00 PM IST)
Cut-off Date:	December 12, 2025
Notice Date:	December 18, 2025
Voting Method:	Remote e-voting only through CDSL platform
Scrip Code:	540192

Director Appointments Seeking Approval

The postal ballot seeks shareholder approval for two key appointments made by the Board on October 31, 2025:

1. Mr. Dara J. Kalyaniwala (DIN: 03311200)

Appointed as Additional Director to serve as Non-Executive Independent Director
Term: Five years from October 31, 2025 to October 30, 2030
Qualification: Bachelor of Commerce from University of Rajasthan, Chartered Accountant
Experience: Over 30 years in Equity Capital Markets
Previous Role: Head-Investment Banking and Executive Director at PL Capital Markets Pvt. Ltd. (2008-2024)
Current Position: Management Consultant specializing in strategy, finance, and equity capital markets
Other Directorship: Independent Director of Sintercom India Limited

2. Mr. Vineet Suchanti (DIN: 00004031)

Appointed as Additional Director to serve as Non-Executive Independent Director
Term: Five years from October 31, 2025 to October 30, 2030
Qualification: MBA from University of Rochester, NY, USA; B.Com from University of Mumbai
Experience: Over 25 years in Investment Banking and Capital Markets
Current Role: Founder and Managing Director of Keynote
Other Directorships: Multiple companies including Keynote Fincorp Limited, Keynote Financial Services Limited, and Keynote Capitals Limited

Compliance and Governance

Both directors have provided necessary declarations confirming they meet the independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. The company has confirmed that neither director is debarred by SEBI or any other authority from holding directorial positions.

Compliance Aspect:	Status
Independence Criteria:	Met for both directors
SEBI Debarment:	No debarment orders
Databank Registration:	Completed as per Rules
Board Recommendation:	Approved by Nomination and Remuneration Committee
Resolution Type:	Special Resolution for both appointments

Scrutinizer and Results

The company has appointed M/s V.R. Associates, Practicing Company Secretaries (ACS 7731, CP No. 4731), as the Scrutinizer for conducting the postal ballot process. The results will be submitted to BSE Limited within two working days from the conclusion of the e-voting period and will be displayed on the company's website at www.lkpsec.com .

The resolutions, if approved by the requisite majority through remote e-voting, will be deemed to have been duly passed on January 17, 2026. This postal ballot represents a crucial step in formalizing the board appointments and strengthening LKP Securities' corporate governance framework.