Financial
Highlights
Q3FY18 - 3 months ending 30 Dec 2017
(in INR Cr)
|
FY2018
– 9 months ending 30 Dec 2017
(In
INR Cr)
|
FY2017
– 12 months ending 31 March 2017 (In INR Cr)
|
|
Total
Revenue
|
39.56
|
97.81
|
110.14
|
PAT
|
5.62
|
12.10
|
8.09
|
PBIT
|
10.03
|
21.93
|
15.59
|
D&A
|
0.56
|
1.44
|
1.85
|
EBITDA
|
10.59
|
22.37
|
17.44
|
EBITDA Margin
|
26.76%
|
22.87%
|
15.80%
|
Net
Profit Margin
|
14.18%
|
12.37%
|
7.35%
|
Share India Securities
Ltd, a leading knowledge and technology driven stock broker, has reported strong financial
performance for the third quarter ended 30 December 2017. The Company’s net profit for
Q3FY18 stood at Rs. 5.62 crore and total revenue stood at Rs39.55 crore. For the 9 month ending Dec 30, 2017 Company’s
PAT stood at 12.10 crore and total revenue stood at 97.81 crore. The Company had reported Net Profit of Rs
8.08 crore and total revenue of Rs 110.14 crore in the last fiscal ending March
31, 2017.
During the
current financial year and the quarter ended 30 Dec 2017 Share India
significantly improved its EBITDA and NET Profit margins which stood at 26.76%
and 14.18% respectively. In the last fiscal the Company had posted 15.80%
EBITDA and 7.35% Net Profit margins respectively.
Commenting on the financial performance of the Company Mr. Sachin
Gupta, Whole Time Director, Share India Securities Ltd said, “We are very
happy with the strong financial results reported by the company on account of continued
favorable business environment and positive sentiments in the stock markets. As
a business strategy Share India focused on improving the bottom line, margins
and moved into newer strategic markets. We
are confident of achieving our growth targets
as the Company is aggressively targeting new clients and customers in high
income markets as well as tier 1 and tier 2 cities. The emphasis is on
expanding the scale of operations as well as growing network across India”
The Company
is in the process of establishing its presence in western and central India and
is developing a distribution centre for various products offered by Share India
to all the clients. The Company currently enjoys strong presence in North India
with its business center in Uttar Pradesh, New Delhi, Rajasthan, Punjab and
Haryana. Share India also has significant business operations in Maharashtra
and Andhra Pradesh. The Company currently has a network of around 5 sub-brokers
and 173 AP’s registered with it in BSE and 3 sub-brokers and 163 AP’s in NSE
spread all over India catering to the needs of our clients.
About
Share India Securities Ltd
Share
India Securities Ltd, a leading knowledge and technology driven stock broker, is engaged in the business of equity broking, investing
and trading activities for the last 24 years. Share India became 200th SME
Company to get listed on BSE SME Platform on 5th October 2017. The company in
addition to providing the services as a Depository Participant, Research
Analyst, Mutual Fund Advisor/Distributor, has also filed an application with
Securities and Exchange Board of India for the registration of Company as a
Portfolio Manager.
The
Company has received many Awards and Recognitions some of them are, an award
for appreciation for our contribution in the 1 crores Demat accounts opened by
CDSL. Company has been accredited with certificate for being among the top
performing members for the year 2015-16 in equity and equity derivatives
segment of the National Stock Exchange of India Limited. Company has been
accredited with certificate for being among the top performing members for the
year 2015-16 in Currency derivative segment of the National Stock Exchange of
India Limited.
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