Share India Securities Approves $50 Million FCCB Fundraising, Forms New Venture, and Reports Q2 Results

Share India Securities Limited has reported its financial results for the second quarter, showcasing a mixed performance with revenue decline but improved margins. The company has also announced several strategic initiatives to strengthen its market position, including a significant fundraising plan and the formation of a new venture.

Financial Performance

For Q2, Share India Securities reported:

Metric	Q2 FY2026	Q2 FY2025	YoY Change
Consolidated Net Profit	₹932.20	₹1,242.68	-24.98%
Revenue	₹341.00	₹452.76	-24.68%
EBITDA	₹159.00	₹186.00	-14.52%
EBITDA Margin	46.68%	41.18%	+550 bps

Despite the year-over-year decline in revenue and net profit, the company managed to improve its EBITDA margin significantly, indicating enhanced operational efficiency.

Dividend Declaration

The Board of Directors has recommended an interim dividend of ₹0.40 per share, demonstrating the company's commitment to shareholder returns despite the challenging market conditions.

Strategic Initiatives

Share India Securities has announced several key initiatives to drive growth and enhance its market position:

FCCB Issuance: The company has approved fundraising through Foreign Currency Convertible Bonds (FCCBs) up to $50 million on a private placement basis, subject to shareholder and regulatory approvals.
New Subsidiary: The company has announced the formation of Share India Greyhill with an investment of up to ₹60 million.
Investment in MSE: An additional investment of up to ₹30 crore in Metropolitan Stock Exchange of India Limited (MSE) through the acquisition of up to 15 crore equity shares.
Expansion of NBFC Business: The company has approved an additional investment of up to ₹49.99 crore in its wholly-owned subsidiary, Share India Fincap Private Limited.
Investment in NCDEX: A strategic investment of up to ₹28 crore in National Commodity & Derivatives Exchange Limited (NCDEX), acquiring a 1.58% stake.
Wealth Management Venture: An initial investment of ₹1.25 crore towards the incorporation of Share India Wealth Multiplier Solutions Private Limited as a wholly-owned subsidiary.

Operational Highlights

The company's client base grew to 46,549 in the broking business and 43,770 in the NBFC segment.
Average Daily Turnover stood at ₹7,500 crore for Q2.
The loan book in the NBFC business totaled ₹253 crore, with Net Interest Margins of 4.24%.
Assets Under Administration (AUA) in the Mutual Fund business reached ₹197 crore.

Management Commentary

Sachin Gupta, CEO & Whole-time Director of Share India Securities, stated, "Share India Securities Limited continued its growth trajectory in Q2 and H1, supported by robust financial performance, strategic investments, and forward-looking expansion initiatives. The Indian capital market demonstrated resilience, with sustained investor activity during the period."

He further added, "These strategic initiatives aim to strengthen the Company's client-serving capabilities and help develop a vast product portfolio. The management remains focused on prudent capital allocation, regulatory compliance, and sustainable value creation while navigating a dynamic industry landscape."

The company's focus on diversification and strategic investments, coupled with improved operational efficiency, positions Share India Securities to capitalize on growth opportunities in the evolving financial services landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-6.41%	-7.10%	+46.20%	+24.95%	-35.89%	+840.27%

Share India Securities Limited , a prominent player in the Indian stock broking industry, has been penalized by NSE Clearing Limited (NCL) for a position violation related to Sammaan Capital Limited. The company disclosed this information in a regulatory filing to the stock exchanges on October 28, 2025.

Penalty Details

NSE Clearing Limited imposed a monetary penalty on Share India Securities for violating the circular NSCC/F&O/C&S/365 dated August 26, 2004. The details of the penalty are as follows:

Particulars	Details
Penalty Amount	Rs 1,18,000 (including IGST of Rs 18,000)
Imposed By	NSE Clearing Limited (NCL)
Invoice Generation Date	October 27, 2025
Violation Nature	Inadvertent increase in existing positions or creation of new positions in Sammaan Capital Limited

Company's Response

Share India Securities has stated that the penalty occurred during normal stock broking operations and does not have any material impact on its financials, operations, or other business activities. The company emphasized its commitment to maintaining high compliance standards and addressing the issue promptly.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations & Disclosure Requirements Regulations, 2015. Share India Securities assured stakeholders that necessary steps would be taken to address the violation and prevent similar occurrences in the future.

About Share India Securities

Share India Securities Limited (CIN: L67120GJ1994PLC115132) is a member of major stock exchanges including NSE, BSE, MCX, NCDEX, and MSEI. The company also serves as a depository participant with CDSL, an AMFI registered mutual fund distributor, and a SEBI registered research analyst and portfolio manager.

This incident serves as a reminder of the strict regulatory environment in which stock broking firms operate and the importance of adhering to compliance norms in the dynamic Indian financial markets.