Systematix Securities Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, showing continued losses despite improved performance compared to the previous year. The Board of Directors approved these results during their meeting held on February 13, 2026.

Quarterly Financial Performance

The company reported a net loss of ₹0.79 lakh for Q3 FY26, which represents an improvement from the ₹1.47 lakh loss recorded in Q3 FY24. However, this marks a decline from the previous quarter (Q2 FY26), where the company had posted a small profit of ₹0.09 lakh.

Revenue and Expense Analysis

Revenue from operations declined marginally to ₹6.91 lakh in Q3 FY26 from ₹7.04 lakh in the corresponding quarter of the previous year. The company reported no other income during the quarter. Total expenses decreased significantly to ₹7.70 lakh from ₹8.53 lakh year-on-year, primarily driven by reduced employee benefit expenses and depreciation costs.

Expense Breakdown

The major expense components for Q3 FY26 included:

• Employee benefits expenses: ₹4.16 lakh (down from ₹4.81 lakh in Q3 FY24)
• Other expenses: ₹3.53 lakh (up from ₹2.95 lakh in Q3 FY24)
• Depreciation and amortisation: ₹0.01 lakh (significantly down from ₹0.72 lakh in Q3 FY24)
• Finance costs: Nil (unchanged from Q3 FY24)
• Fees & commission expenses: Nil (down from ₹0.05 lakh in Q3 FY24)

Nine-Month Performance

For the nine-month period ended December 31, 2025, Systematix Securities reported improved performance compared to the corresponding period in the previous year.

Corporate Governance and Compliance

The financial results were reviewed by the company's Audit Committee and subsequently approved by the Board of Directors. The limited review of these results was conducted by JYOTI DAD & CO., Chartered Accountants, who provided an unmodified opinion on the financial statements.

The company operates exclusively in the investment banking segment and maintains its registered office at Plot 35, Old Industrial RIICO Area, Chittorgarh, Rajasthan. The Board meeting commenced at 2:00 PM and concluded at 5:46 PM, with the outcome being published in English and Hindi newspapers as per regulatory requirements.

Systematix Securities Limited (SSL), a company listed on the Bombay Stock Exchange (BSE: 531432), has announced a significant change in its key managerial personnel. The Board of Directors has approved the appointment of CS Priyanka Maheshwari as the Company Secretary and Compliance Officer, effective November 14, 2025.

Key Details of the Appointment

Professional Background

CS Priyanka Maheshwari brings a wealth of experience to her new role at Systematix Securities. She is described as an experienced professional with post-qualification expertise in several critical areas:

• Corporate governance
• Legal compliance
• Secretarial practices

As a member of the Institute of Company Secretaries of India, Maheshwari also holds qualifications in Law, Finance, and Banking. Her expertise is further enhanced by specialized certifications in Corporate Restructuring, IPO, and NBFC compliances.

Appointment Context

The appointment of CS Priyanka Maheshwari comes at a time when Systematix Securities is navigating through challenging financial waters. The company's recent financial results for the quarter ended September 30, 2025, show a marginal profit of ₹0.09 lakh, compared to a loss of ₹5.55 lakh in the previous quarter.

Company Performance Overview

Systematix Securities' financial performance for the half-year ended September 30, 2025, presents a mixed picture:

The company's total assets stood at ₹885.24 lakh as of September 30, 2025, with investments forming a significant portion at ₹681.73 lakh.

Regulatory Compliance

The appointment of CS Priyanka Maheshwari as Company Secretary and Compliance Officer aligns with Systematix Securities' commitment to regulatory compliance. This move is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

The Board of Directors' meeting, which approved this appointment, also considered and approved the Un-Audited Financial Results for the quarter ended September 30, 2025, and took on record the Auditor's Limited Review Report.

As Systematix Securities navigates through its financial challenges, the appointment of an experienced professional like CS Priyanka Maheshwari may be seen as a step towards strengthening its corporate governance and compliance framework.