Oasis Securities Limited delivered impressive financial results for the third quarter of FY26, demonstrating strong operational performance across key metrics. The company's board of directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, during their meeting held on January 28, 2026.

Strong Quarterly Performance

The NBFC reported exceptional growth in profitability for Q3FY26, with net profit reaching ₹42.43 lakhs compared to ₹17.29 lakhs in the corresponding quarter of the previous year. This represents a substantial year-on-year increase of 145%. The company also showed sequential improvement, with quarterly profit rising from ₹24.00 lakhs in Q2FY26.

Revenue Growth Drivers

Total revenue for Q3FY26 increased significantly to ₹73.41 lakhs from ₹42.77 lakhs in Q3FY25, marking a 72% year-on-year growth. The revenue expansion was primarily attributed to multiple factors:

• Interest Income: Rose substantially to ₹35.21 lakhs from ₹14.76 lakhs in Q3FY25
• Fair Value Gains: Contributed ₹17.36 lakhs compared to ₹26.30 lakhs in the previous year
• Other Income: Increased dramatically to ₹17.28 lakhs from ₹1.69 lakhs
• Other Operating Income: Generated ₹3.26 lakhs versus nil in Q3FY25

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Oasis Securities maintained robust performance with net profit of ₹132.87 lakhs compared to ₹119.51 lakhs in the corresponding period of FY25. Total revenue for the nine-month period reached ₹211.91 lakhs, up from ₹154.53 lakhs in the previous year.

Expense Management and Profitability

Total expenses for Q3FY26 decreased to ₹18.18 lakhs from ₹25.49 lakhs in Q3FY25, contributing to improved profitability margins. Key expense components included employee benefits expense of ₹7.99 lakhs, other expenses of ₹5.37 lakhs, and impairment on financial instruments of ₹4.79 lakhs. The company maintained a paid-up share capital of ₹185.00 lakhs with a face value of ₹1 per share.

Regulatory Compliance and Audit

The financial results were reviewed by the audit committee and approved by the board of directors in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015. Rajvanshi & Associates, Chartered Accountants, conducted a limited review of the quarterly and nine-month financial results. The company continues its focus on NBFC activities as its primary business segment.

Axis Securities has released an optimistic assessment of the cement sector, forecasting robust demand growth of 7-8% for FY26. The brokerage firm's analysis points to sustained infrastructure development and rising housing activity as the primary drivers behind this positive outlook.

Growth Drivers and Market Dynamics

The projected demand growth reflects the ongoing momentum in India's construction and infrastructure sectors. Government initiatives focused on infrastructure development, combined with increased activity in the housing segment, are expected to provide substantial support to cement consumption throughout FY26.

Seasonal Recovery Expectations

Axis Securities anticipates that cement companies will experience price recovery and margin improvement as the industry moves into Q4 FY26. This period traditionally represents the peak construction season, when demand typically reaches its highest levels due to favorable weather conditions and increased project activity.

Market Outlook

The brokerage's assessment suggests that the cement sector is well-positioned to capitalize on the expected demand upturn. The combination of infrastructure spending and housing market activity is likely to create a supportive environment for cement manufacturers, potentially leading to improved financial performance across the sector.

The positive outlook for FY26 reflects broader economic trends and government policy initiatives that continue to prioritize infrastructure development and urban housing projects, creating a favorable demand environment for cement companies.