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Source: Devdiscourse
SKP Securities Limited held its Board of Directors meeting on May 09, 2026, at BioWonder, Level 17, 789 Anandapur, EM Bypass, Kolkata - 700107, commencing at 10:00 A.M. and concluding at 1:45 P.M. Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board considered and approved the audited financial results for the quarter and financial year ended March 31, 2026, along with the Audit Report issued by M/s S K Agrawal and Co Chartered Accountants LLP, Statutory Auditors of the Company. The statutory auditors have expressed an unmodified opinion on these results.
Financial Performance
SKP Securities delivered a strong financial performance for FY26. The following table presents the key financial metrics for the quarter and full year:
Metric: Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited) Total Revenue from Operations (Rs. in lacs): 1,078.65 1,037.24 844.33 4,102.27 3,715.88 Other Income (Rs. in lacs): 0.05 0.02 4.90 0.11 4.97 Total Income (Rs. in lacs): 1,078.70 1,037.26 849.23 4,102.38 3,720.85 Total Expenses (Rs. in lacs): 800.93 682.88 689.29 2,716.08 2,392.55 Profit before Tax (Rs. in lacs): 277.77 354.38 159.94 1,386.30 1,328.30 Net Profit (Rs. in lacs): 190.29 266.46 115.88 1,034.75 998.95 Total Comprehensive Income (Rs. in lacs): 267.21 264.13 102.02 1,104.68 990.05 Basic EPS (Rs.): 2.79 3.91 1.70 15.20 14.67 Diluted EPS (Rs.): 2.79 3.91 1.70 15.20 14.67
Revenue from operations for FY26 was driven by Brokerage and Fee Income of Rs. 3,383.87 lacs and Interest Income of Rs. 716.96 lacs. Total expenses for FY26 stood at Rs. 2,716.08 lacs, with Employee Benefits Expenses at Rs. 863.46 lacs and Brokerage and Fee Expenses at Rs. 1,019.07 lacs being the largest contributors. The paid-up equity share capital remained unchanged at Rs. 680.88 lacs, while Other Equity grew to Rs. 5,359.15 lacs from Rs. 4,390.64 lacs in the previous year.
Balance Sheet Highlights
The company's balance sheet as at March 31, 2026, reflects healthy growth in total assets. Key balance sheet figures are presented below:
Particulars: As at 31st Mar-26 (Rs. in lacs) As at 31st Mar-25 (Rs. in lacs) Total Financial Assets: 9,444.57 7,781.67 Total Non-Financial Assets: 1,166.28 1,077.05 Total Assets: 10,610.85 8,858.72 Total Financial Liabilities: 4,287.88 3,483.42 Total Non-Financial Liabilities: 282.94 303.78 Total Equity: 6,040.03 5,071.52 Total Liabilities and Equity: 10,610.85 8,858.72
Cash Flow Summary
The Statement of Cash Flows for the year ended March 31, 2026, prepared under the Indirect Method as per Ind AS-7, is summarised below:
Particulars: FY26 (Rs. in lacs) FY25 (Rs. in lacs) Net Cash Used in Operating Activities: (740.19) (721.26) Net Cash Generated from Investing Activities: 42.76 (72.06) Net Cash Generated from Financing Activities: 674.62 816.34 Net Decrease in Cash & Cash Equivalents: (22.81) 23.02 Closing Cash and Cash Equivalents: 6.24 29.05
Dividend Recommendation and Key Appointments
The board recommended a final dividend of Rs. 2/- per equity share of face value Rs. 10/- each, fully paid up, for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The Record Date for dividend payment and the date and time of the 36th Annual General Meeting will be intimated in due course.
In addition to the financial results, the board also approved the following matters:
Internal Auditor Re-appointment: Re-appointment of M/s G. P. Agrawal & Co. (FRN: 302082E), Chartered Accountants, Kolkata, as Internal Auditor for FY 2026-2027
Executive Director Re-appointment: Re-appointment of Mr. Nikunj Pachisia (DIN: 06933720) as Executive Director for a further term of three consecutive years, effective August 01, 2026 to July 31, 2029, subject to shareholder approval. Mr. Nikunj Pachisia brings 17 years of experience in capital markets across Equity Research, Institutional Equities, Investment/Merchant Banking, Broking & DP Services, and related fields. He is related to Mr. Naresh Pachisia and Mr. Vaibhav Pachisia.
The results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 08, 2026 and May 09, 2026. Since the company operates under one business segment, segment reporting is not required. The intimation was submitted by Alka Khetawat, Company Secretary (Membership No: A47322), and signed by Vaibhav Pachisia, Whole Time Director (DIN: 11115136), on behalf of SKP Securities Limited.
SKP Securities Limited has announced the demise of Prof. Santanu Ray, who served as an Independent Director and Chairman of the Audit Committee. The company filed a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the BSE about this significant development.
Details of the Disclosure
The company submitted the mandatory intimation on April 20, 2026, addressing the Deputy General Manager (Listing) at BSE Limited. The disclosure was signed by Alka Khetawat, Company Secretary (Membership No: A47322), and included all required regulatory details as per SEBI guidelines.
Particulars Details Director Name Prof. Santanu Ray DIN 00642736 Position Independent Director and Chairman of Audit Committee Date of Demise April 18, 2026 Disclosure Date April 20, 2026
Company's Statement
SKP Securities described Prof. Santanu Ray's sudden and unexpected passing as an irreparable loss to the organization. The company expressed that all directors and employees convey their deep sympathy, sorrow, and condolences to his family during this difficult time.
Regulatory Compliance
The disclosure was made in accordance with Regulation 30 of the SEBI LODR Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided all mandatory details in the prescribed format, including the reason for cessation and the effective date.
Impact on Board Composition
With Prof. Santanu Ray's demise, SKP Securities will need to reconstitute its Audit Committee and consider the appointment of a new Independent Director to maintain compliance with corporate governance requirements. The company will likely announce further developments regarding board composition in due course.
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