PH Capital Limited has issued a clarification to BSE Limited regarding the recent significant movement in its share price, responding to the exchange's inquiry dated December 26, 2025. The company addressed concerns about the price volatility through an official communication under Regulation 30 of SEBI (LODR) Regulations, 2015.

Company's Response to BSE Inquiry

The company received a letter from BSE Limited (reference number LSSURV/ONL/PV/APJ/2025-2026/807) inquiring about the significant movement in the company's script price. PH Capital Limited responded that all relevant information required under applicable laws has already been disclosed to the stock exchanges from time to time under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Key Clarification Points

The company's response highlighted several important aspects:

No Undisclosed Material Events

PH Capital Limited explicitly stated that there is no other material event or information that needs to be informed to the stock exchange at this point in time. The company emphasized its commitment to transparency by confirming that it shall continue to disclose all relevant events or information in accordance with the timelines prescribed under applicable laws and regulations.

Market-Driven Price Movement

The company attributed the increase in its script price to purely market conditions, describing it as absolutely market-driven. This clarification aims to address any speculation about undisclosed corporate developments or material events that might have influenced the stock's performance.

Regulatory Compliance Commitment

PH Capital Limited reaffirmed its dedication to regulatory compliance, stating that it will continue to make timely disclosures as required under applicable laws and regulations. The communication was signed by Rikeen Dalal, Chairman and Whole-time Director (DIN: 01723446), demonstrating senior management's direct involvement in addressing the exchange's concerns.

P.H. Capital Limited , a company engaged in trading of shares and securities, has announced its financial results for the second quarter and half-year ended September 30, 2025. The company reported a significant shift in its performance compared to the previous quarter, reflecting the volatile nature of the stock market.

Key Financial Highlights

Quarterly Performance

P.H. Capital experienced a challenging second quarter, reporting a net loss of Rs 89.94 lakh, a stark contrast to the net profit of Rs 700.13 lakh in the previous quarter. The total revenue from operations stood at Rs 3,120.26 lakh, showing a significant decrease from the first quarter's revenue of Rs 5,799.63 lakh.

Half-Yearly Results

For the half-year period ended September 30, 2025, the company recorded a net profit of Rs 610.19 lakh, compared to Rs 1,248.99 lakh in the corresponding period last year. This represents a year-on-year decline of about 51% in net profit for the first half of the fiscal year.

Balance Sheet Strengthening

Despite the quarterly loss, P.H. Capital's balance sheet showed signs of strengthening:

• Total assets increased to Rs 6,389.04 lakh as of September 30, 2025, from Rs 6,339.75 lakh in March 2025.
• Cash and cash equivalents rose significantly to Rs 3,583.23 lakh from Rs 170.92 lakh, indicating improved liquidity.

Management Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 13, 2025.

Market Context

As a company primarily engaged in trading shares and securities, P.H. Capital's performance is closely tied to stock market conditions. The volatility in quarterly results may reflect the broader market trends and trading opportunities during the period.

Conclusion

While P.H. Capital faced headwinds in Q2 FY2026, the overall half-yearly performance remains positive, albeit lower than the previous year. The significant increase in cash and cash equivalents suggests that the company may be well-positioned to capitalize on future market opportunities.