Pioneer Investcorp Reports Strong Q3FY26 Results with 231% YoY Net Profit Growth
Pioneer Investcorp Limited reported exceptional Q3FY26 results with standalone net profit growing 231% YoY to ₹300.62 lacs. Nine-month standalone profit reached ₹811.98 lacs versus ₹236.36 lacs previously. Consolidated performance was even stronger with Q3FY26 net profit of ₹576.22 lacs and nine-month profit of ₹1,422.13 lacs. The company operates through seven wholly owned subsidiaries and one associate, with results approved by the board on February 11, 2026.

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Pioneer Investcorp Limited has delivered robust financial performance in Q3FY26, with the Board of Directors approving unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The results were approved during a board meeting held on February 11, 2026, demonstrating strong operational momentum across the company's financing business.
Standalone Financial Performance
The company's standalone results showcase remarkable growth trajectory with significant improvements across all key financial metrics.
| Metric | Q3FY26 | Q3FY25 | YoY Growth |
|---|---|---|---|
| Total Revenue from Operations | ₹873.26 lacs | ₹733.95 lacs | +19.0% |
| Net Profit | ₹300.62 lacs | ₹90.64 lacs | +231.5% |
| Basic & Diluted EPS | ₹2.44 | ₹0.74 | +229.7% |
For the nine-month period ended December 31, 2025, the standalone performance was equally impressive:
| Parameter | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Total Revenue | ₹3,229.74 lacs | ₹1,900.50 lacs | +69.9% |
| Net Profit | ₹811.98 lacs | ₹236.36 lacs | +243.4% |
| EPS (9 months) | ₹6.60 | ₹1.92 | +243.8% |
Revenue Composition and Operational Efficiency
The company's revenue streams showed varied performance during Q3FY26. Fee income reached ₹707.50 lacs compared to ₹251.80 lacs in the previous year, while income from trading in securities was ₹129.53 lacs versus ₹441.50 lacs in Q3FY25. Net gain on fair value changes contributed ₹36.23 lacs compared to ₹40.65 lacs in the corresponding quarter.
Total expenditure for Q3FY26 stood at ₹472.49 lacs compared to ₹652.90 lacs in the previous year, reflecting improved cost management. Employee benefits expense increased to ₹327.54 lacs from ₹287.02 lacs, while finance costs decreased significantly to ₹119.85 lacs from ₹240.17 lacs year-on-year.
Consolidated Results Outperform Standalone
The consolidated financial results demonstrated even stronger performance, benefiting from contributions across the group structure:
| Consolidated Metrics | Q3FY26 | Q3FY25 | YoY Change |
|---|---|---|---|
| Total Revenue from Operations | ₹1,193.03 lacs | ₹965.74 lacs | +23.5% |
| Net Profit | ₹576.22 lacs | ₹148.51 lacs | +288.0% |
| Basic & Diluted EPS | ₹4.69 | ₹1.21 | +287.6% |
For the nine-month consolidated period, total revenue from operations reached ₹4,281.68 lacs compared to ₹2,629.56 lacs, while net profit surged to ₹1,422.13 lacs from ₹504.83 lacs in the corresponding period.
Group Structure and Business Operations
Pioneer Investcorp operates through a comprehensive group structure including seven wholly owned subsidiaries and one associate company. The subsidiaries include Infinity.Com Financial Securities Limited, PINC Finserve Private Limited, Pioneer Fundinvest Private Limited, Pioneer Wealth Management Services Limited, Pioneer Money Management Limited, Pioneer Investment Advisory Services Limited, and E-Ally Securities (India) Private Limited. The associate company is Pioneer Insurance & Reinsurance Brokers Private Limited.
The share of profit from associate contributed ₹108.52 lacs in Q3FY26 and ₹306.14 lacs for the nine-month period, adding to the consolidated performance. The company maintains a paid-up equity share capital of ₹1,229.69 lacs with a face value of ₹10 per share.
Regulatory Compliance and Future Outlook
The financial results have been prepared in accordance with Ind-AS standards and reviewed by statutory auditors Jayesh Dadia & Associates LLP. The auditors noted that the company is evaluating the impact of new labour codes notified by the Government of India, with any material impact expected to be recognized in the results for the quarter and year ending March 31, 2026.
Historical Stock Returns for Pioneer Investcorp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | -0.38% | -8.41% | +41.18% | +58.69% | +319.35% |




























