Shardul Sec.

Why is Shardul Securities Ltd falling/rising?

As of 11-Jun, Shardul Securities Ltd's stock price is Rs 27.50, down 6.65%, and has significantly underperformed the market with a year-to-date decline of 19.54%. The stock is trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 11-Jun, Shardul Securities Ltd's stock price is falling, currently at Rs 27.50, reflecting a decrease of Rs 1.96 or 6.65%. The stock has been underperforming, having lost 8.18% over the last two days and opening with a loss of 4.11% today. It also reached an intraday low of Rs 26.4, which is a decline of 10.39%. <BR><BR>In terms of performance relative to the market, Shardul Securities has shown significant underperformance over various periods, with a year-to-date decline of 19.54% compared to a 13.36% decline in the Sensex. Over the past year, the stock has fallen by 37.44%, while the Sensex has only decreased by 10.52%. <BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 310.29% against the 5-day average, the overall market sentiment appears negative, contributing to the stock's decline.

Which are the latest news on Shardul Sec.?

How big is Shardul Sec.?

As of 10th June, Shardul Securities Ltd has a market capitalization of 246.00 Cr, with recent net sales of 46.32 Cr and a net profit loss of 49.13 Cr over the last four quarters. The company's shareholder's funds are 703.98 Cr, and total assets amount to 738.40 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Shardul Securities Ltd has a market capitalization of 246.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 46.32 Cr, while the sum of Net Profit for the same period reflects a loss of 49.13 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 703.98 Cr and Total Assets totaling 738.40 Cr.

Who are in the management team of Shardul Sec.?

The management team of Shardul Securities includes R Sundaresan (Chairman & Executive Director), Yogendra Chaturvedi (Executive Director & CEO), Daya Bariya (Executive Director & Company Secretary), and independent directors Charul Abuwala, Devesh Vasavada, and Lalit Shah. They oversee the company's operations and strategic direction.

The management team of Shardul Securities includes the following individuals:<BR><BR>1. **R Sundaresan** - Chairman & Executive Director<BR>2. **Yogendra Chaturvedi** - Executive Director & CEO<BR>3. **Daya Bariya** - Executive Director & Company Secretary<BR>4. **Charul Abuwala** - Independent Director<BR>5. **Devesh Vasavada** - Independent Director<BR>6. **Lalit Shah** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction. If you need more specific information about any of the members or their roles, feel free to ask!

Who are the peers of the Shardul Sec.?

Peers of Shardul Sec. include Adit.Birla Money, Arihant Capital, Shriram AMC, Pune e, Quest Capital, IL&FS Inv.Manag., Almondz Global, Rikhav Securitie, and Indbank Merchant. Pune e has the highest 1-year return at 70.82%, while Shriram AMC has the lowest at -54.70%, with Shardul Sec. at -34.99%.

Peers: The peers of Shardul Sec. are Adit.Birla Money, Arihant Capital, Shriram AMC, Pune e, Quest Capital, IL&FS Inv.Manag., Almondz Global, Rikhav Securitie, and Indbank Merchant.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pune e, while Average management risk is found at Adit.Birla Money and LKP Securities, and the rest have Below Average management risk. Good growth is noted at Adit.Birla Money and Almondz Global, while Average growth is seen at Pune e, Rikhav Securitie, and IL&FS Inv.Manag., and the rest have Below Average growth. Excellent capital structure is consistent across Adit.Birla Money, Arihant Capital, Shriram AMC, Pune e, Quest Capital, IL&FS Inv.Manag., Almondz Global, Rikhav Securitie, Indbank Merchant, and Shardul Sec.<BR><BR>Return Snapshot: Pune e has the highest 1-year return at 70.82%, while Shriram AMC has the lowest at -54.70%, with Shardul Sec.'s 1-year return of -34.99% being better than Shriram AMC's but worse than Pune e's. Additionally, the six-month return is negative for Adit.Birla Money, Arihant Capital, Shriram AMC, Quest Capital, Almondz Global, and Rikhav Securitie.

What does Shardul Sec. do?

Shardul Securities Ltd is a micro-cap company in the capital markets industry, originally founded in 1985 and currently reporting net sales of 5 Cr and a net loss of 64 Cr as of March 2026. The company has a market cap of INR 246 Cr and operates from Mumbai.

Overview:<BR>Shardul Securities Ltd operates in the capital markets industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as 'Spotlight Trade & Finance Limited' in July 1985. It underwent several name changes, becoming 'Shriyam Securities & Finance Limited' in May 1993, and was renamed to 'Shardul Securities Limited' on January 9, 2003. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -64 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 246 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.42 <BR>Return on Equity: -7.47% <BR>Price to Book: 0.40<BR><BR>Contact Details:<BR>Address: G-12 Tulsiani Chambers, 212 Nariman Point Mumbai Maharashtra : 400021 <BR>Tel: 91-022-40090500 <BR>Email: investors@shriyam.com <BR>Website: http://www.shardulsecurities.com

Should I buy, sell or hold Shardul Securities Ltd?

When is the next results date for Shardul Securities Ltd?

The next results date for Shardul Securities Ltd is 27 May 2026.

The next results date for Shardul Securities Ltd is scheduled for 27 May 2026.

Is Shardul Sec. overvalued or undervalued?

As of December 4, 2025, Shardul Securities is considered very expensive and overvalued, with negative financial ratios and a year-to-date decline of 55.72%, significantly underperforming compared to its peers and the Sensex.

As of 4 December 2025, the valuation grade for Shardul Securities has moved from risky to very expensive. The company is currently overvalued, reflected by a PE ratio of -4.30, an EV to EBITDA of -5.76, and a ROE of -10.57%. Compared to peers, Bajaj Finance has a PE ratio of 34.9 and an EV to EBITDA of 19.63, while Life Insurance shows a more attractive valuation with a PE of 10.85 and an EV to EBITDA of 8.92.<BR><BR>Despite recent stock performance showing a 3.55% return over the past week against a -0.53% return for the Sensex, the longer-term outlook remains concerning, with a year-to-date decline of 55.72% compared to the Sensex's 9.12% gain. Overall, Shardul Securities appears to be significantly overvalued given its negative financial ratios and poor performance relative to its peers.

How has been the historical performance of Shardul Sec.?

Shardul Sec. has shown significant fluctuations in financial performance, with net sales increasing from 6.62 Cr in Mar'23 to 62.63 Cr in Mar'25, peaking at 173.28 Cr in Mar'24. Despite growth in sales and profits, cash flow has been negative, indicating mixed overall performance.

Answer:<BR>The historical performance of Shardul Sec. shows significant fluctuations in its financial metrics over the years, particularly in net sales, profits, and cash flow.<BR><BR>Breakdown:<BR>Shardul Sec. experienced a notable increase in net sales, rising from 6.62 Cr in Mar'23 to 62.63 Cr in Mar'25, although it peaked at 173.28 Cr in Mar'24. The total operating income followed a similar trend, reaching a high of 173.28 Cr in Mar'24 before dropping to 62.63 Cr in Mar'25. Operating profit (PBDIT) also saw a substantial increase, from 3.25 Cr in Mar'23 to 46.42 Cr in Mar'25, despite a peak of 163.52 Cr in Mar'24. Profit before tax mirrored this pattern, climbing to 44.79 Cr in Mar'25 from 2.86 Cr in Mar'23, while profit after tax reached 32.99 Cr in Mar'25, down from 97.81 Cr in Mar'24. The company's total assets grew from 470.81 Cr in Mar'23 to 738.40 Cr in Mar'25, with total liabilities also increasing from 696.71 Cr to 738.40 Cr in the same period. Cash flow from operating activities showed a negative trend, with -35.00 Cr in Mar'25 compared to 21.00 Cr in Mar'24, leading to a net cash outflow of -10.00 Cr in Mar'25. Overall, while Shardul Sec. demonstrated growth in sales and profits, its cash flow and profit margins have shown volatility, indicating a mixed performance in recent years.

Are Shardul Sec. latest results good or bad?

Shardul Securities' latest results show impressive growth, with net sales up 108.9% and profit after tax rising 753.5%. However, the increasing debt-equity ratio raises concerns about potential liquidity issues in the future.

Shardul Securities' latest results reflect a mixed performance. On one hand, the company has demonstrated impressive growth in key financial metrics for the quarter ending June 2025. Net sales surged to Rs 94.15 crore, a remarkable increase of 108.9% compared to the average of the previous four quarters. Profit Before Tax (PBT) also showed significant improvement, reaching Rs 87.98 crore, which is a staggering 686.1% increase from prior averages. Similarly, Profit After Tax (PAT) rose to Rs 70.37 crore, reflecting a 753.5% increase.<BR><BR>However, there are challenges to consider. The debt-equity ratio has climbed to 0.03 times, the highest in the last five half-yearly periods, indicating that the company is increasing its borrowing to support operations. This could potentially strain its liquidity in the future.<BR><BR>Overall, while the growth in sales and profits is impressive, the rising debt levels present a concern that could impact the company's financial stability moving forward.

What is the technical trend for Shardul Sec.?

As of June 4, 2025, Shardul Sec. has shifted to a bearish trend, supported by daily moving averages and weekly Bollinger Bands, despite mixed signals from the MACD and KST across different timeframes.

As of 4 June 2025, the technical trend for Shardul Sec. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the weekly Bollinger Bands also confirm a bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, suggesting mixed signals across different timeframes. The KST aligns with this by being mildly bullish weekly but bearish monthly. Overall, the combination of these indicators points to a bearish sentiment in the market for Shardul Sec.

Has Shardul Sec. declared dividend?

Shardul Securities Ltd has declared a 6% dividend, amounting to 0.6 per share, but the dividend yield is 0% as no dividends have been paid in recent periods. Total returns show significant price appreciation over the long term, with a 5-year total return of 530.41%.

Shardul Securities Ltd has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: 04 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -51.89%, with a dividend return of 0%, resulting in a total return of -51.89%.<BR><BR>For the 1-year period, the price return was 15.82%, with a dividend return of 0%, leading to a total return of 15.82%.<BR><BR>Over 2 years, the price return was 131.83%, the dividend return was 0%, giving a total return of 131.83%.<BR><BR>In the 3-year period, the price return was 139.29%, with a dividend return of 0%, resulting in a total return of 139.29%.<BR><BR>For the 4-year period, the price return was 274.96%, with a dividend return of 0%, leading to a total return of 274.96%.<BR><BR>Finally, in the 5-year period, the price return was 530.41%, with a dividend return of 0%, resulting in a total return of 530.41%.<BR><BR>Overall, while Shardul Securities Ltd has declared a dividend, the dividend yield is 0%, indicating that there have been no dividends paid in recent periods. The total returns show significant price appreciation over the longer term, despite the lack of dividend income.

Who are the top shareholders of the Shardul Sec.?

The top shareholder of Shardul Sec. is Gagan Dinanath Chaturvedi, holding 16.21%, with no pledged promoter holdings. Angular Trading Pvt Ltd is the largest public shareholder at 5.61%, while individual investors own a combined 10.55%.

The top shareholders of Shardul Sec. primarily consist of promoters, with Gagan Dinanath Chaturvedi holding the largest share at 16.21%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) involved. The highest public shareholder is Angular Trading Pvt Ltd, which holds 5.61%. Additionally, individual investors collectively own 10.55% of the company.