Swastika Investmart Q1 FY26: JustTrade or Just Stuck?

1. At a Glance

Revenue down 31.6% YoY, profit nosedives 47%, yet ROCE still punches in at a sexy 32.6%. Promoters are back, stake up by 4.86%, and they’ve renamed their CTO to CTSO. No kidding.

2. Introduction with Hook

Imagine if Zerodha, Angel One, and a slightly confused family office had a child in Indore — you’d get Swastika Investmart. It’s a one-stop hybrid: broking app, insurance arm, algo trading suite, startup mentoring, and an EdTech vertical because why not?

• Revenue Q1 FY26: ₹26.3 Cr (vs ₹38.5 Cr YoY) → -31.65%
• Net Profit Q1 FY26: ₹3.29 Cr (vs ₹6.27 Cr YoY) → -47.53%
• JustTrade app, HelloPolicy.com, Venture capital biz, and SME IPO advisory all under one chhatri.

3. Business Model (WTF Do They Even Do?)

8-in-1 FinHub Model:

1. Stock Broking → Mobile App JustTrade 2.0
2. Tradingo Web Platform → Commodities, Forex
3. Investment Banking → SME IPOs, M&As
4. Algo & HFT Trading → Retail + Institutions
5. Loan against Securities → Low-cost credit
6. Insurance Distribution → HelloPolicy portal
7. EdTech arm → Financial learning
8. Startup Funding + Mentoring

They’re like the Swiss Army Knife of Capital Markets — only with a slightly duller blade in Q1 FY26.

4. Financials Overview