Khandwala Securities
- Market cap
- ₹ 24 Cr.
- P/E
- 36.9x
- 52-week range
- 12.2 – 25.5
- ROE
- −4%
- ROCE
- −3.5%
- Dividend yield
- 0%
- Sector
- Capital Markets
- Industry
- Stockbroking & Allied
- Listed on
- NSE, BSE
About
Khandwala Securities Limited is an India-based financial services company. The Company is engaged in providing stock broking services, investment banking, portfolio management service, research analysts, and investment advisory services. It has two operating segments, namely - Fee based and Investment/Trading In Stock. The Fee based segment provides financial advisory services relating to mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The Investment and Stock segment carries out trading, investing and speculation activities in capital market. Its products and services include Equity, Derivates, Portfolio Management Services, Mutual Funds, IPO Advisory & Distribution, Structured products, Depository, Third-Party Distribution, and NRI zone. The Company's online trading portal includes KSL EazyTrade, KSL Prive, and KSL EazyTrade Browser.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Stockbroking & Allied: 42 companies →Khandwala Securities against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)36.9 against a typical 20: pricier than most peers (1st = cheapest).33rd of 42
- Sales growth+99.1% against a typical +18.8% from a year earlier.5th of 41
- Share price, 3 months−10.2% against a typical −2.7%.30th of 40
- Size₹ 24.3 Cr. market value against a typical ₹ 435.9 Cr. (1st = largest).39th of 39
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 drives H1 turnaround to profit with revenue run-rate up ~50% on last year.
Khandwala Securities reported Q2 FY27 revenue of Rs 3.71 crore and net profit of Rs 0.59 crore, up from Rs 3.40 crore and Rs 0.24 crore a year ago. For the half year, revenue was Rs 5.97 crore with net profit of Rs 0.68 crore versus a Rs 0.34 crore loss last year, driven by fee-based operations. The turnaround lifts profitability and net worth after last year's Rs 1.27 crore loss, though sustainability depends on fee income continuing.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | — | — | 8 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Jan 2026 | Rating action | — | — | Acuite | ₹ 10 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 10 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 12 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 16 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 2 | 3 | 3 | 3 | 3 | 1 | 1 | 3 | 1 | 2 | 2 |
| Expenses | 1 | 2 | 3 | 2 | 8 | 2 | 2 | 2 | 3 | 2 | 3 | 2 |
| Operating Profit | 0 | 0 | −0 | 1 | −5 | 0 | −1 | −1 | 0 | −1 | −1 | −0 |
| OPM % | 15% | 16.2% | −7.8% | 21.8% | −143.3% | 9.6% | −104.2% | −56.1% | 5% | −95.3% | −33% | −3.5% |
| Other Income | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | −0 | 0 | 0 | 1 | −1 | −1 | 0 | −0 | −0 | 0 |
| Tax % | 0% | −4% | 0% | −2.2% | −4.6% | −1.9% | 105% | 0% | 0% | 0% | −2.2% | 0% |
| Net Profit | 0 | 0 | −0 | 0 | 0 | 1 | −2 | −1 | 0 | −0 | −0 | 0 |
| EPS in Rs | 0.07 | 0.18 | −0.22 | 0.31 | 0.16 | 0.35 | −1.34 | −0.39 | 0.16 | −0.32 | −0.29 | 0.05 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 16%
- 3 Years
- 7%
- TTM
- 11%
- 10 Years
- −15%
- 5 Years
- 4%
- 3 Years
- —
- TTM
- 67%
- 10 Years
- −1%
- 5 Years
- −2%
- 3 Years
- −14%
- TTM
- —
- 10 Years
- −5%
- 5 Years
- −4%
- 3 Years
- −6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Khandwala Securities | ₹ 15.70 | ₹ 24 Cr. | 36.9x | — | −4% | — |
| ICICI Prudential Asset Management Company Ltd | ₹ 2,655.00 | ₹ 1,30,928 Cr. | 47.7x | 37.7x | — | 56% |
| HDFC Asset Management Company | ₹ 2,250.00 | ₹ 96,542 Cr. | 39.9x | 12.3x | — | 69.3% |
| Nippon Life India Asset Management | ₹ 922.10 | ₹ 59,010 Cr. | 50.1x | 16.3x | 34.5% | 56.4% |
| Multi Commodity Exchange Of India | ₹ 3,017.00 | ₹ 76,931 Cr. | 52.6x | 16.6x | 37.9% | 57.8% |
| Motilal Oswal Financial Services | ₹ 925.00 | ₹ 55,715 Cr. | 30.8x | 4.5x | 15.6% | 21.2% |
Management
- Paresh J. Khandwala
- Chief Executive Officer, Managing Director, Director
- Pranav Paresh Khandwala
- Chief Financial Officer, Whole-time Director
- Abhishek Joshi
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.