Share India Securities Limited (ISIN: INE932X01026) has reported a 7% increase in Profit After Tax (PAT) for the second quarter of fiscal year 2025-26, despite a slight decline in revenue. The company also declared a second interim dividend and shared plans for expansion and diversification.

Financial Performance

Share India Securities posted the following results for Q2 FY26:

The company's performance shows resilience in profitability despite a slight dip in revenue. For the first half of FY26, Share India reported:

• Revenue from operations: ₹538.00 crores (22% YoY decline)
• Profit After Tax: ₹142.07 crores
• Earnings Per Share: ₹6.50

Dividend Declaration

Share India Securities declared a second interim dividend of ₹0.40 per share (20% on face value of ₹2), demonstrating its commitment to shareholder returns.

Business Highlights and Future Plans

1. MTF Growth: The company's Margin Trading Facility (MTF) book grew by 35-40% quarter-on-quarter to ₹430.00 crores. Share India aims to reach an MTF AUM of ₹1,000.00 crores by December 2027.

2. PMS License: Share India obtained a Portfolio Management Services (PMS) license from SEBI and plans to launch its first fund in November.

3. FCCB Approval: The board approved Foreign Currency Convertible Bond (FCCB) fundraising up to $50 million, aimed at fueling growth and potentially reducing overall debt costs.

4. Share India GreyHill: A new entity focused on debt market operations has been established to expand the company's footprint in the fixed income space.

5. Branch Expansion: The company plans to open 12 new branches across Maharashtra, Gujarat, Uttar Pradesh, and Rajasthan over the next 12 months.

6. Project Drone: This WealthTech initiative is expected to launch its Minimum Viable Product (MVP) in Q4 FY26.

7. Silverleaf Merger: The company anticipates NCLT approval for the Silverleaf merger in the next 3-4 months, which is expected to enhance profit numbers on the proprietary trading side.

Management Commentary

Sachin Gupta, CEO and Whole-Time Director, stated, "We are focusing more on the tech-enabled services for the clients in coming future. Wealth, MTF, and online broking through Project Drone will be the core focus areas in coming years."

Kamlesh Shah, Managing Director, added, "We remain cautiously optimistic about the second half of the year. While the external environment continues to present both opportunities and challenges, we are well-positioned to sustain our growth trajectory."

Share India Securities is adapting to the evolving regulatory landscape and market dynamics by diversifying its offerings and leveraging technology. The company's focus on wealth management products, expansion of its MTF business, and investment in technology-driven initiatives like Project Drone indicate a strategic approach to capturing growth opportunities in the Indian financial services sector.

Share India Securities Limited , a prominent player in the Indian financial services sector, has received a monetary penalty from the National Stock Exchange (NSE) for non-compliance with regulatory requirements. The company disclosed this penalty under Regulation 30 of SEBI Listing Regulations on December 22, 2025.

Penalty Details

The regulatory action details are summarized below:

Timeline and Disclosure

The company explained the delay in disclosure, stating that although the penalty invoice was dated December 18, 2025, it became available on the NSE portal only on December 19, 2025, after business hours. Due to portal accessibility issues on December 20, 2025, and December 21, 2025 being a Sunday, the company became aware of the penalty on December 22, 2025, at approximately 01:11 PM.

Company's Response and Impact Assessment

Share India Securities has clarified that this penalty was imposed in the normal and ordinary course of stock broking operations. The company has affirmed that the fine does not have any material impact on its financials, operations, or other business activities.

The company has committed to upholding the highest compliance standards and will take necessary steps to address the identified issue. This response demonstrates the company's proactive approach to regulatory compliance and risk management.

Regulatory Context

This incident highlights the stringent regulatory environment in which financial services firms operate in India. The penalty specifically relates to algorithmic trading compliance, where technical requirements such as unique identifier tagging are crucial for regulatory oversight and market transparency.

The disclosure under Regulation 30 of SEBI Listing Regulations ensures transparency with stakeholders and maintains market integrity. Such regulatory actions serve as reminders of the importance of continuous compliance monitoring in the dynamic stock broking industry.