Systematix Corporate Services Reports Q3FY26 Results with Board Changes
Systematix Corporate Services reported Q3FY26 standalone net profit of ₹456.51 lakhs, down 64.63% from ₹1,290.70 lakhs in Q3FY24, with total income declining to ₹1,489.44 lakhs. Nine-month performance showed improvement with net profit growing 32.23% to ₹2,853.78 lakhs. The board appointed Mr. Vijaykumar Gautam as Additional Non-Executive Independent Director replacing Mr. Sampath Kumar Kangeyam Venkatakrishnan effective January 21, 2026.

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Systematix Corporate Services Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, along with significant board changes during its meeting held on January 21, 2026.
Standalone Financial Performance
The company's standalone performance showed mixed results for Q3FY26. Total income declined to ₹1,489.44 lakhs compared to ₹2,618.96 lakhs in Q3FY24, representing a decrease of 43.14%. Revenue from operations, comprising interest income and sale of services, totaled ₹1,473.02 lakhs versus ₹2,598.46 lakhs in the corresponding quarter last year.
| Metric | Q3FY26 | Q3FY24 | Change (%) |
|---|---|---|---|
| Total Income | ₹1,489.44 lakhs | ₹2,618.96 lakhs | -43.14% |
| Interest Income | ₹285.59 lakhs | ₹116.16 lakhs | +145.89% |
| Sale of Services | ₹1,187.43 lakhs | ₹2,482.14 lakhs | -52.16% |
| Net Profit | ₹456.51 lakhs | ₹1,290.70 lakhs | -64.63% |
Despite lower revenues, the company maintained profitability with net profit of ₹456.51 lakhs, though this represented a 64.63% decline from ₹1,290.70 lakhs in Q3FY24. The profit before tax stood at ₹599.55 lakhs after accounting for exceptional items of ₹9.51 lakhs related to the one-time impact of new Labour Codes.
Nine-Month Performance
For the nine months ended December 31, 2025, the company demonstrated stronger performance with total income of ₹7,246.42 lakhs compared to ₹5,291.37 lakhs in the corresponding period last year. Net profit for the nine-month period reached ₹2,853.78 lakhs versus ₹2,158.37 lakhs, showing growth of 32.23%.
Consolidated Results
On a consolidated basis, the company reported total income of ₹3,383.64 lakhs for Q3FY26 compared to ₹4,891.49 lakhs in Q3FY24. The consolidated net profit was ₹68.80 lakhs against ₹1,857.88 lakhs in the previous year quarter. The consolidated results include performance from subsidiaries and joint ventures across merchant banking, financing, and equity trading segments.
Board Leadership Changes
The board approved significant leadership transitions effective January 21, 2026. Mr. Sampath Kumar Kangeyam Venkatakrishnan resigned as Non-Executive Independent Director, citing pre-occupation and other personal commitments. The company confirmed there were no material reasons for the resignation beyond those stated.
| Leadership Change | Details |
|---|---|
| Outgoing Director | Mr. Sampath Kumar Kangeyam Venkatakrishnan (DIN: 10295069) |
| Incoming Director | Mr. Vijaykumar Gautam (DIN: 07358773) |
| Effective Date | January 21, 2026 |
| Position | Non-Executive Independent Director |
Mr. Vijaykumar Gautam was appointed as Additional Non-Executive Independent Director based on the Nomination and Remuneration Committee's recommendation. He is a 1987 batch Indian Administrative Service officer with extensive experience in government administration, having served as Additional Chief Secretary to the Government of Maharashtra.
Committee Reconstitution
Following the board changes, both the Audit Committee and Nomination and Remuneration Committee were reconstituted. The new composition includes Mr. Rakesh Mehta as Chairman, Mr. Ganesh Ramanathan as Member, and Mr. Vijaykumar Gautam as Member, replacing the outgoing director.
Employee Stock Option Scheme
The company's ESOP 2025 scheme, approved at the Annual General Meeting on September 19, 2025, shows progress with 720,530 options outstanding as of December 31, 2025. The scheme allows for up to 68,26,901 stock options for eligible employees, with 7,43,908 options initially granted and 23,378 options lapsed due to non-acceptance.
Regulatory Matters
The consolidated results note ongoing regulatory proceedings involving subsidiary Systematix Commodities Services Private Limited, whose SEBI registration was cancelled but remains stayed by the Securities Appellate Tribunal. The company continues operations while assisting investigation agencies and maintains its going concern status.
Historical Stock Returns for Systematix Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.82% | -11.19% | -39.62% | -32.68% | -32.68% | -32.68% |





































