1. Opening Hook
When brokers start talking like bankers, you know the market’s bull run just found its spiritual guru. Share India’s management invoked optimism even SEBI might envy — from MTF to PMS to a “Project Drone” that sounds more SpaceX than stock desk. Amidst falling derivatives, they found salvation in diversification — and a few FCCBs for extra grace.
As the Bhagavad Gita says, “Karmanye vadhikaraste, ma phaleshu kadachana” — do your trades, not crave their fruits. But with 27% PAT margins, who’s not craving? 😏
Read on, dear investor — it gets spicy when brokers start building banks.
2. At a Glance
- Revenue ₹341 Cr – Down 0.13%, but management calls it “solid progress.” Must be quantum accounting.
- PBT ₹126.46 Cr – Up 14%, because optimism compounds faster than interest.
- PAT ₹93.22 Cr – Up 10.5%, proving traders are better at profits than promises.
- Margins 27% – Apparently, the new divine number in broking circles.
- EPS ₹4.25 – Enough to buy half a cutting chai in Bandra.
- Interim Dividend ₹0.40/share – The company’s way of saying, “Thoda le, zyada aayega.”
3. Management’s Key Commentary
“We began the year with focus, discipline and customer engagement.”
(Translation: The market fell, so we found new buzzwords.)
“Volumes have stabilized; things won’t go down from here.”
(That’s what every trader says before the next circuit breaker.)
“MTF book grew 35-40% QoQ; target ₹1,000 Cr AUM by Dec ’27.”
(A fancy way to say: ‘We’re lending more because equity volumes fell.’) 💸
“PMS license obtained, first fund launching in November.”
(Next stop — they’ll apply for a banking license if this works.)
“Project Drone will merge broking and wealthtech.”
(Sounds like a fintech app that might one day replace fund managers
