Nexome Capital Markets Faces Financial Challenges Amid Declining Sales and Profitability

Nexome Capital Markets, a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone a financial trend adjustment reflecting its challenging performance in the quarter ending March 2025. The company's financial metrics indicate significant struggles, with net sales for the latest six months reported at Rs 17.24 crore, reflecting a substantial decline. Similarly, the profit after tax (PAT) stands at Rs 0.56 crore, also showing a notable decrease.
The company's operational efficiency is under pressure, as evidenced by a PBDIT of Rs -0.58 crore and an operating profit to net sales ratio of -5.88%. Additionally, the profit before tax (PBT) less other income is recorded at Rs -0.80 crore, highlighting ongoing financial difficulties. Notably, non-operating income has surged to 237.93% of PBT, indicating reliance on non-core activities.

In terms of market performance, Nexome Capital Markets has shown resilience over the long term, with impressive returns over three, five, and ten years, significantly outpacing the Sensex. However, recent trends suggest a need for strategic reassessment to address the current financial challenges and align more closely with market expectations.