Master Trust Limited Reports Q2 FY2026 Results with Revenue Decline

Master Trust Limited , a leading financial services company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing performance across its business segments.

Financial Highlights

Particulars (Consolidated)	Q2 FY2026	Q2 FY2025	YoY Change	H1 FY2026	H1 FY2025	YoY Change
Total Revenue (₹ in crore)	126.86	153.72	-17.47%	258.52	314.08	-17.69%
Net Profit (₹ in crore)	31.40	36.89	-14.88%	58.51	71.54	-18.21%
EPS (Basic) (₹)	2.70	3.40	-20.59%	5.10	6.50	-21.54%

Segment-wise Performance

Master Trust Limited's diversified business model demonstrated the following performance:

Broking & Allied Services: This segment remained the largest contributor, generating revenue of ₹116.95 crore in Q2 FY2026.
Interest Income: The company reported interest income of ₹3.52 crore for the quarter.
Portfolio Management Services: This segment contributed ₹3.45 crore to the quarterly revenue.
Insurance Broking: The insurance broking business added ₹1.40 crore to the top line.
Investment/Trading in Securities: This segment reported revenue of ₹1.80 crore for Q2 FY2026.

Balance Sheet Strength

As of September 30, 2025, Master Trust Limited's balance sheet showed:

Total assets of ₹2,064.12 crore
Shareholders' equity of ₹755.51 crore
Cash and bank balances totaling ₹1,542.77 crore

About Master Trust Limited

Master Trust Limited is a comprehensive financial services provider with over 40 years of experience. The company offers a wide range of services including broking, portfolio management, insurance broking, and investment banking. With a presence across 22 states and a network of 53 branches, Master Trust serves over 426,000 registered customers, solidifying its position as a key player in India's financial services landscape.

Conclusion

Master Trust Limited has reported its Q2 FY2026 results, showing a decline in revenue and profit compared to the same period last year. The company's diversified business model and strong balance sheet may position it to navigate the current market conditions in the financial services sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.15%	-3.14%	-6.87%	-14.08%	-26.89%	-26.89%

Master Trust Limited , a prominent player in the financial services sector with a 40-year legacy, has announced its financial results for the first quarter ended June 30, 2025, showcasing performance and strategic growth initiatives.

Financial Highlights

The company reported the following financial results for Q1 FY2026:

Particulars (Consolidated)	Q1 FY2026 (Rs. in millions)	Q1 FY2025 (Rs. in millions)	YoY Change
Total Income	1,316.60	1,603.60	-17.90%
EBITDA	518.10	619.10	-16.30%
Profit Before Tax	358.70	454.70	-21.10%
Profit After Tax	271.10	346.50	-21.80%
Earnings Per Share (Rs.)	2.40	3.20	-25.00%

Despite a year-on-year decline in financial metrics, Master Trust Limited maintained a strong financial position. The company's consolidated net worth stood at Rs. 6,669.90 million as of June 30, 2025, reflecting a solid capital base.

Operational Performance

Master Trust Limited continues to expand its reach and service offerings:

The company operates through 56 branches across 22 states in India.
It serves over 421,000 registered customers with a workforce of 1,230+ employees.
The company offers a comprehensive range of trading and investment solutions, including equities, derivatives, currencies, commodities, mutual funds, insurance, and portfolio management services.

Strategic Initiatives

Mutual Fund Asset Management Company

In a significant move towards diversification, Master Trust Limited has officially applied to the Securities and Exchange Board of India (SEBI) for setting up its Mutual Fund Asset Management Company. The group plans to introduce a diverse range of mutual fund schemes, including equity across market caps and multi-asset offerings, aiming to make wealth creation more accessible and dynamic for investors.

Merchant Banking Portfolio

The company has signed two merchant banking mandates as of June 30, 2025, further strengthening its position in the investment banking sector.

StreetXperts Educational Initiative

Master Trust Limited continues to focus on financial education through its StreetXperts initiative. During the quarter, the company conducted webinars on various topics, including taxation, algorithmic trading, and investing in NSE Indices, led by seasoned financial experts.

Recognition

The company's efforts in creating a positive work environment were recognized as ET Now named Master Trust Limited one of the Best Organizations to Work in 2025.

Management Commentary

Harjeet Singh Arora, Managing Director of Master Trust Limited, stated, "Our Q1 FY2026 results demonstrate the resilience of our business model in a dynamic market environment. While we've seen some moderation in our financial metrics compared to the same quarter last year, we remain focused on our long-term growth strategy. The initiatives we've undertaken, particularly our foray into the mutual fund business and the expansion of our merchant banking portfolio, position us well for future growth and value creation for our stakeholders."

Master Trust Limited's strategic initiatives, coupled with its strong market presence and diverse service offerings, underscore its commitment to growth and innovation in the financial services sector. As the company awaits SEBI approval for its mutual fund business, it continues to strengthen its core operations and explore new avenues for expansion.