| Revenue growth | FY26 revenue hit ₹1,991cr, primarily driven by proprietary trading volumes. |
|---|---|
| Margins | Impacted by ₹18-20cr trading losses; seeking stabilization via fee-based income. |
| Demand visibility | Strong outlook for institutional brokerage and ETF market-making services. |
| Management confidence | Cautiously optimistic, pivoting from proprietary risks to stable brokerage fees. |
Growth
FY26 revenue reached ₹1,991cr with PAT of ₹18.96cr; growth is primarily volume-driven through proprietary arbitrage and market-making.
Outlook
Guided 20% growth in brokerage and 25% in algo-trading for FY27, targeting ₹40cr PAT by March 2027.
Risks
Proprietary trading losses of ₹18-20cr and SME inventory liquidity risks remain major volatility triggers.
Earnings Call filed with BSE, BSE: 544340. Summary written with AI assistance from the document.
Rikhav Securities Ltd: key numbers
- Share price
- ₹56.83
- Market cap
- ₹217.6 Cr
- Revenue (annual)
- ₹1,976 Cr
- Net profit (annual)
- ₹18.96 Cr
- P/E (TTM)
- 11.5×Sector 22.0×
- Promoter holding
- 64.05%
- FII holding
- 0.58%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Rikhav Securities Ltd
All →Rikhav Securities Annual General Meeting
Rikhav Securities Limited held its 31st Annual General Meeting on September 22, 2026. The meeting covered standard resolutions, including the adoption of financial statements.
Rikhav Securities Promoter Buying
B D Lakhani (Promoter Group) acquired 2,66,400 equity shares of Rikhav Securities via a takeover offer. Post-acquisition holding rises to 2.76% from 2.06%.
- Promoter stake change
- +0.70%
Rikhav Securities Promoter Buying: ₹5.1 Cr
4 promoters (B D Lakhani, B N Lakhani, H D Lakhani, N D Lakhani) collectively acquired shares worth ₹5.10 Crore. This disclosure follows Regulation 7(2) of PIT.
- Value
- ₹5.10 Cr
- Promoter stake change
- +2.80%
Rikhav Securities Earnings Call: Key Takeaways
Rikhav Securities Ltd reports FY26 total income of ₹1,991 cr and PAT of ₹18.96 cr. Strategy focuses on technology-driven financial services, proprietary trading, and institutional brokerage expansion.
Rikhav Securities Earnings Call: Key Takeaways
Rikhav Securities (listed Jan 2025) reported FY26 total income of ₹1,991.62 Cr and PAT of ₹18.96 Cr. Strategy focuses on digitizing brokerage and proprietary trading expansion.
Rikhav Securities H2 FY26 Results: Turns Profitable, Net Profit ₹1.2 Cr
Rikhav Securities Ltd reported revenue from operations of ₹1,596 Cr (+609.0% YoY) and net profit of ₹1.2 Cr for H2 FY26.
- Key figure
- Net profit ₹1.2 Cr