Khandwala Securities Limited (NSE:KHANDSE)

Khandwala Securities Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Total Interest Expense	1.11	0.83	2.14	2.86	6.74	6.88
Net Interest Income	-1.11	-0.83	-2.14	-2.86	-6.74	-6.88
Brokerage Commission	43.55	43.55	46.51	30.45	44.86	29.23
Trading & Principal Transactions	3.22	3.22	3.45	0.41	1.32	6.64
Underwriting & Investment Banking Fee	37.44	48.62	35.21	31.79	14.81	0.1
Other Revenue	-37.37	7.71	1.75	1.81	2.53	1.75
Revenue	45.74	102.27	84.78	61.6	56.78	30.83
Revenue Growth (YoY)	-70.44%	20.63%	37.64%	8.49%	84.17%	5.06%
Salaries & Employee Benefits	32.5	29.76	25.61	24.9	32.86	25.03
Cost of Services Provided	11.42	10.96	4.76	4.24	2.71	2.63
Other Operating Expenses	54.64	103.81	49.15	24.44	17.35	16.88
Total Operating Expenses	101.79	147.97	82.66	56.53	55.78	47.32
Operating Income	-56.05	-45.69	2.12	5.07	0.99	-16.49
Other Non-Operating Income (Expenses)	-0.19	-0.19	-0.49	-0.1	-0.37	-0.49
EBT Excluding Unusual Items	-56.24	-45.88	1.64	4.97	0.62	-16.98
Pretax Income	-8.11	2.25	1.64	4.97	0.62	-16.98
Income Tax Expense	10.46	10.25	-0.1	0.54	-0.57	-0.47
Net Income	-18.58	-8	1.74	4.43	1.19	-16.51
Net Income to Common	-18.58	-8	1.74	4.43	1.19	-16.51
Net Income Growth	-	-	-60.77%	272.57%	-	-
Shares Outstanding (Basic)	15	15	15	15	12	12
Shares Outstanding (Diluted)	15	15	15	15	12	12
Shares Change (YoY)	2.40%	-	-	27.77%	-0.22%	0.22%
EPS (Basic)	-1.20	-0.52	0.11	0.29	0.10	-1.38
EPS (Diluted)	-1.20	-0.52	0.11	0.29	0.10	-1.38
EPS Growth	-	-	-62.07%	191.04%	-	-
Free Cash Flow	-28.26	40.24	-21.01	-78.26	32.73	-3.36
Free Cash Flow Per Share	-1.83	2.64	-1.38	-5.13	2.74	-0.28
Operating Margin	-122.54%	-44.68%	2.51%	8.23%	1.75%	-53.49%
Profit Margin	-40.61%	-7.83%	2.05%	7.20%	2.10%	-53.56%
Free Cash Flow Margin	-61.79%	39.34%	-24.79%	-127.06%	57.64%	-10.91%
Effective Tax Rate	-	456.36%	-	10.78%	-	-
Revenue as Reported	95.04	151.3	87.01	64.86	63.51	37.74

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.