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

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.

LKP Securities Limited has successfully concluded its postal ballot process with shareholders approving both independent director appointments through remote e-voting. The company announced the results on January 19, 2026, following the completion of the e-voting period that concluded on January 17, 2026.

Postal Ballot Results Overview

The postal ballot process, conducted through CDSL's remote e-voting platform, witnessed significant participation from shareholders. Both resolutions seeking approval for independent director appointments were passed with overwhelming support.

Director Appointment Results

Resolution 1: Mr. Dara J. Kalyaniwala (DIN: 03311200) The appointment of Mr. Kalyaniwala as Non-Executive Independent Director received strong shareholder support.

Resolution 2: Mr. Vineet Suchanti (DIN: 00004031) The second resolution for Mr. Suchanti's appointment also secured requisite majority approval.

Director Profiles and Terms

Mr. Dara J. Kalyaniwala brings over 30 years of experience in Equity Capital Markets. A Chartered Accountant and Bachelor of Commerce from University of Rajasthan, he previously served as Head-Investment Banking and Executive Director at PL Capital Markets Pvt. Ltd. from 2008-2024. He currently works as a Management Consultant specializing in strategy, finance, and equity capital markets.

Mr. Vineet Suchanti contributes over 25 years of experience in Investment Banking and Capital Markets. He holds an MBA from University of Rochester, NY, USA, and B.Com from University of Mumbai. He is the Founder and Managing Director of Keynote and serves on multiple company boards including Keynote Fincorp Limited and Keynote Financial Services Limited.

Compliance and Governance Framework

Both directors have been appointed for a five-year term from October 31, 2025, to October 30, 2030. The appointments strengthen LKP Securities' corporate governance framework, with both directors meeting independence criteria under the Companies Act, 2013, and SEBI Listing Regulations.

The successful completion of this postal ballot process represents a significant milestone in LKP Securities' governance enhancement, with the newly appointed independent directors expected to contribute their extensive industry expertise to the company's strategic direction and oversight functions.