Khandwala Securities Limited share price
Khandwala Securities Limited engages in the provision of stock broking, investment banking, portfolio management, and research analyst and investment advisory services in India. It operates in two segments, Fee-Based and Investment/Trading in Stock. The company offers equity capital markets, comprising equity broking, investor AI (subscription and broking), KSL PPPS (Comprehensive Service Plan and Brokerage), depository participant income, wholesale debt market operations, and institutional broking; investment banking, comprising corporate advisory and merchant banking; as well as asset and wealth management. It is also involved in the provision of financial advisory services related to equ…Read more
- Market Cap₹ 25 Cr.
- Current Price₹ 16.10
- High / Low₹ 26 / 12
- Stock P/E—
- Book Value₹ 18
- Dividend Yield0.00 %
- Price / Book0.88
- ROE-4.50 %
- Face Value₹ 10.0
More figures (8)
- EPS (TTM)₹ -0.39
- Net margin-16.1 %
- Sales growth (5Y)17.0 %
- Profit growth (5Y)—
- Promoter holding73.6 %
- EV / EBITDA—
- Beta0.56
- All-time high₹ 133
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| KHANDSE | -8.00% | -6.67% | 0.00% | -21.65% | -26.58% | -13.11% | -1.31% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Khandwala Securities Limited is in the Capital Markets industry (Financial Services), with a market value of ₹25 crore.
- Revenue grew 17.0% a year over the last 5 years.
- Return on equity was -4.5% in the latest year.
- The share price is 36.9% below its 52-week high and down 26.6% over one year.
- Promoters and insiders hold about 73.6%; institutions about 0.0%.
Pros
AI- Sales have grown 17.0% a year over the last 5 years.
- Promoters have raised their holding by 1.08 points over 3 years, to 48.84%.
Cons
AI- Return on equity has been low: -2.2% on average over the last 3 years.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Khandwala Securities Limited
Khandwala Securities Limited engages in the provision of stock broking, investment banking, portfolio management, and research analyst and investment advisory services in India. It operates in two segments, Fee-Based and Investment/Trading in Stock. The company offers equity capital markets, comprising equity broking, investor AI (subscription and broking), KSL PPPS (Comprehensive Service Plan and Brokerage), depository participant income, wholesale debt market operations, and institutional broking; investment banking, comprising corporate advisory and merchant banking; as well as asset and wealth management. It is also involved in the provision of financial advisory services related to equity and debt issue management, and portfolio management and broking; trading, investing and speculation activities in capital markets; and mobile and browser based online trading applications under th…
- Employees
- 43
- Head office
- Mumbai
Peer comparison
Financial ServicesCapital Markets
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Khandwala Securities | 16.10 | — | 25 | 0.00 | 0 | — | 2 | 98.49 | -3.5 | -4.5 | 0.88 | -30.6 | 0.11 | 73.62 | 8 | 17.0 |
| 2. | Billionbrains Garage Ventures | 200.85 | 46.9 | 1,24,747 | 0.00 | 725 | 53.75 | 1,502 | 47.39 | 29.3 | 21.6 | 12.87 | 57.7 | 0.03 | 49.22 | 4,645 | 19.2 |
| 3. | Motilal Oswal Financial Services | 1,057.60 | 32.8 | 63,771 | 0.56 | 1,273 | — | 2,311 | 43.60 | 18.1 | 15.6 | 4.94 | 31.6 | 1.65 | 52.71 | 8,209 | 29.1 |
| 4. | Authum Investment & Infrastructure | 571.90 | 23.1 | 48,567 | 0.00 | 1,108 | 17.52 | 1,470 | 20.94 | 15.2 | 13.1 | 3.30 | 169.0 | 0.24 | 83.07 | 2,609 | 44.4 |
| 5. | Angel One | 300.00 | 24.3 | 27,438 | 1.61 | 231 | 102.15 | 1,424 | 25.57 | 26.9 | 15.6 | 4.11 | 20.6 | 1.30 | 48.99 | 4,305 | 20.3 |
| 6. | Central Depository Services (India) | 1,286.90 | 57.1 | 26,896 | 0.99 | 118 | 14.91 | 293 | 13.12 | 29.7 | 24.5 | 13.72 | 45.6 | 0.00 | 0.00 | 1,145 | 27.3 |
| 7. | Choice International | 740.55 | 64.5 | 16,498 | 0.00 | 55 | 6.99 | 310 | 22.44 | 17.6 | 16.1 | 8.76 | 34.9 | 0.54 | 60.05 | 1,121 | 42.3 |
| 8. | JM Financial | 121.38 | 11.2 | 11,616 | 1.46 | 292 | 39.32 | 965 | 29.15 | — | 11.8 | 1.09 | — | 1.09 | 24.58 | 3,498 | 19.1 |
| 9. | IIFL Capital Services | 347.35 | 20.0 | 10,954 | 0.86 | 184 | 5.00 | 513 | -0.85 | 22.1 | 20.1 | 3.52 | 17.6 | 0.63 | 58.48 | 1,982 | 19.9 |
| 10. | Indian Energy Exchange | 107.55 | 18.9 | 9,564 | 3.72 | 135 | 11.65 | 158 | 11.38 | 45.7 | 39.4 | 7.05 | 80.7 | 0.01 | 13.44 | 616 | 15.4 |
| Median: 46 Co. | 323.68 | 19.5 | 941 | 0.00 | 208 | 16.21 | 739 | 24.01 | 22.1 | 10.2 | 1.42 | 20.1 | 0.39 | 50.97 | 2,296 | 17.5 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own 3-year sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
- Related Party TransactionsKhandwala Securities Limited has informed the Exchange about related Party Transactions31-May-2023
- Related Party TransactionKhandwala Securities Limited has informed the Exchange about related party transaction for the period ended September 202226-Nov-2022
- Related Party TransactionsKhandwala Securities Limited has informed the Exchange about related Party Transactions03-Dec-2021
- Related Party TransactionsKhandwala Securities Limited has informed the Exchange about related Party Transactions27-Jul-2021
- Related Party TransactionsKhandwala Securities Limited has informed the Exchange about related Party Transactions21-Nov-2020
- Related Party TransactionsKhandwala Securities Limited has informed the Exchange about related Party Transactions05-Aug-2020
- Related Party TransactionsKhandwala Securities Limited has submitted to the Exchange a copy of Disclosure of Related Party Transactions pursuant to Regulation 23(9) of Securities and Exchange Board of Indi…03-Jun-2019
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| 4 | 3 | 4 | 6 | 6 | 9 | 10 | 8 | 9 | |
| YOY Revenue Growth % | -22.73% | 31.47% | 69.57% | 2.72% | 35.96% | 12.00% | -17.24% | ||
| Interest | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| 4 | 6 | 5 | 6 | 6 | 8 | 15 | 10 | 11 | |
| Employee Cost % | 56% | 89% | 70% | 54% | 40% | 30% | 31% | 45% | 40% |
| Other Expenses % | 59% | 133% | 54% | 33% | 45% | 63% | 119% | 81% | 77% |
| Financing Profit | -1 | -5 | -2 | -0 | 0 | -0 | -5 | -3 | -2 |
| Financing Margin % | -30% | -165% | -52% | -3% | 4% | 0% | -56% | -35% | -25% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 6 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | -4 | -2 | 0 | 0 | 0 | 0 | -1 | -1 |
| -92% | 11% | -6% | 456% | ||||||
| Current tax | 0 | 0 | 1 | ||||||
| Deferred tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| -1 | -4 | -2 | 0 | 0 | 0 | -1 | -1 | -1 | |
| YOY Profit Growth % | 272.44% | -60.76% | -560.26% | ||||||
| EPS in Rs | -0.64 | -3.01 | -1.38 | 0.10 | 0.29 | 0.11 | 0.52 | -0.83 | -0.39 |
Compounded Sales Growth
- 5 Years:
- 17%
- 3 Years:
- 8%
- TTM:
- 11%
Stock Price CAGR
- 5 Years:
- -1%
- 3 Years:
- -13%
- 1 Year:
- -27%
Return on Equity
- 4 Years:
- -1%
- Last Year:
- -5%
| ₹ Cr | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| 4 | 3 | 4 | 6 | 6 | 9 | 10 | 8 | 9 | |
| YOY Revenue Growth % | -22.73% | 31.47% | 69.57% | 2.72% | 35.96% | 12.00% | -17.24% | ||
| Interest | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| 4 | 6 | 5 | 6 | 6 | 8 | 15 | 10 | 11 | |
| Employee Cost % | 56% | 89% | 70% | 54% | 40% | 30% | 31% | 45% | 40% |
| Other Expenses % | 58% | 133% | 54% | 33% | 45% | 63% | 119% | 81% | 77% |
| Financing Profit | -1 | -5 | -2 | -0 | 0 | -0 | -5 | -3 | -2 |
| Financing Margin % | -30% | -165% | -52% | -3% | 4% | 0% | -56% | -35% | -25% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 6 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | -4 | -2 | 0 | 0 | 0 | 0 | -1 | -1 |
| -89% | 11% | -6% | 454% | ||||||
| Current tax | 0 | 0 | 1 | ||||||
| Deferred tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| -1 | -4 | -2 | 0 | 0 | 0 | -1 | -1 | -1 | |
| YOY Profit Growth % | 268.63% | -60.81% | -559.05% | ||||||
| EPS in Rs | -0.63 | -3.00 | -1.38 | 0.10 | 0.29 | 0.11 | -0.52 | -0.83 | -0.39 |
Compounded Sales Growth
- 5 Years:
- 17%
- 3 Years:
- 8%
- TTM:
- 11%
Stock Price CAGR
- 5 Years:
- -1%
- 3 Years:
- -13%
- 1 Year:
- -27%
Return on Equity
- 4 Years:
- -1%
- Last Year:
- -5%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 |
| Reserves | 14 | 14 | 14 | 12 |
| 3 | 2 | 2 | 3 | |
| Long term borrowings | 3 | 1 | 1 | 3 |
| Short term borrowings | 0 | 0 | 0 | 0 |
| 11 | 16 | 13 | 10 | |
| Trade payables | 11 | 16 | 11 | 9 |
| Current liabilities | 11 | 16 | 13 | 10 |
| Total Liabilities | 44 | 48 | 43 | 41 |
| 5 | 5 | 1 | 1 | |
| Gross block | 10 | 10 | 3 | 3 |
| Accumulated depreciation | 4 | 5 | 1 | 1 |
| Goodwill & intangibles | 3 | 3 | 3 | 3 |
| 38 | 42 | 42 | 39 | |
| Trade receivables | 8 | 7 | 4 | 4 |
| Cash & equivalents | 0 | 0 | 0 | 0 |
| Current assets | 21 | 16 | 7 | 8 |
| Total Assets | 44 | 48 | 43 | 41 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -7 | -2 | 4 | -2 | |
| Profit for the year | 0 | 0 | -1 | -1 |
| Working capital changes | -8 | -3 | 1 | -1 |
| -2 | -1 | -4 | 1 | |
| Fixed assets purchased | -1 | -0 | -0 | |
| Investments purchased | -1 | -1 | -8 | -0 |
| Investments sold | 0 | 0 | 0 | |
| 8 | -0 | 0 | -1 | |
| Interest paid | -0 | -0 | -0 | -0 |
| Net Cash Flow | -0 | -3 | 0 | -2 |
| Free Cash Flow | -8 | -2 | 4 | -2 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE | 0.0% | 0.0% | -7.9% | 0.0% | 1.8% | 0.6% | -2.7% | 0.0% |
| Net margin | -21.5% | -131.2% | -45.9% | 2.0% | 7.1% | 2.0% | -8.4% | -16.1% |
| Tax rate | — | — | — | -91.9% | 10.8% | -6.2% | 456.4% | — |
| Book value / share | ₹21 | ₹18 | ₹17 | ₹17 | ₹19 | ₹19 | ₹19 | ₹18 |
ROE = profit for shareholders ÷ average net worth (paid-up capital + reserves, from each year's March results filed with NSE). Interest coverage = (profit before tax + interest) ÷ interest. ROCE = EBIT ÷ (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; working capital days = (current assets − current liabilities) ÷ sales × 365. Balance-sheet ratios are shown for the years whose full balance sheet is available (Yahoo Finance and NSE filings from FY2025).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 48.84%
- Public 51.16%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.76% | 47.76% | 47.97% | 47.98% | 48.15% | 48.25% | 48.27% | 48.27% | 48.30% | 48.73% | 48.78% | 48.84% |
| 52.24% | 52.24% | 52.03% | 52.02% | 51.85% | 51.75% | 51.73% | 51.73% | 51.70% | 51.27% | 51.22% | 51.16% | |
| Retail (up to ₹2 lakh) | 12.09% | 12.44% | 11.69% | 13.90% | 13.70% | 13.24% | 13.11% | 12.81% | 12.90% | 12.42% | 12.36% | 12.08% |
| HNIs (above ₹2 lakh) | 29.45% | 29.83% | 30.32% | 29.29% | 29.45% | 29.76% | 28.35% | 28.61% | 28.60% | 28.97% | 28.84% | 28.45% |
| NRIs | 3.36% | 3.35% | 3.25% | 1.92% | 1.80% | 1.80% | 1.78% | 3.47% | 3.47% | 3.47% | 3.48% | 3.51% |
| Bodies corporate | 5.99% | 5.33% | 5.52% | 5.60% | 5.62% | 5.57% | 5.51% | 5.51% | 5.38% | 5.14% | 5.26% | 5.84% |
| No. of Shareholders | 4,128 | 4,081 | 3,944 | 4,549 | 4,577 | 4,647 | 4,614 | 4,561 | 4,604 | 4,571 | 4,604 | 4,580 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Trading WindowKhandwala Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201530-Sep-2026
- Shareholders meetingKhandwala Securities Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 18, 202618-Sep-2026
- Shareholders meetingKhandwala Securities Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 18, 2026. Further, the company has informed the Excha…18-Sep-2026
- Shareholders meetingKhandwala Securities Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 202626-Aug-2026
- Outcome of Board MeetingKhandwala Securities Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.10-Aug-2026
- Trading WindowKhandwala Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201524-Jun-2026
- General UpdatesKhandwala Securities Limited has informed the Exchange about receipt of SEBI Letter11-Jun-2026
- Disclosure under SEBI Takeover RegulationsKhandwala Securities Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Sh…02-Jun-2026
- Outcome of Board MeetingKhandwala Securities Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.21-May-2026
- Reply to Clarification- Financial resultsThe Exchange had sought clarification from Khandwala Securities Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclo…27-Mar-2026
- Trading WindowKhandwala Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201524-Mar-2026
- General UpdatesKhandwala Securities Limited has informed the Exchange about Outcome of Separate Meeting of Independent Directors held on 24th March 202624-Mar-2026
Annual reports
- Financial Year 202626-AUG-2026
- Financial Year 202505-SEP-2025
- Financial Year 202403-SEP-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 2020
- Financial Year 2019
- Financial Year 201804-OCT-2018
- Financial Year 201722-SEP-2017
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
No recent coverage found.
From the company (NSE)
- Trading WindowKhandwala Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 30-Sep-2026
- Shareholders meetingKhandwala Securities Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 18, 2026NSE filing · 18-Sep-2026
- Shareholders meetingKhandwala Securities Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 18, 2026. Further, the company has informed the Excha…NSE filing · 18-Sep-2026
- Shareholders meetingKhandwala Securities Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026NSE filing · 26-Aug-2026
- Outcome of Board MeetingKhandwala Securities Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.NSE filing · 10-Aug-2026
- Trading WindowKhandwala Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 24-Jun-2026
- General UpdatesKhandwala Securities Limited has informed the Exchange about receipt of SEBI LetterNSE filing · 11-Jun-2026
- Disclosure under SEBI Takeover RegulationsKhandwala Securities Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Sh…NSE filing · 02-Jun-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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