Shardul Securities Limited

Shardul Securities Limited (SHARDUL) is a micro-cap Financial Services company valued at ₹517 crore operating in Stockbroking & Allied on the NSE and BSE.

Recent price move

Shardul Securities Limited last traded at ₹57.55, modestly up 1.18% on the day.

Recent developments

2026-06-30: The company reported a net profit of ₹132 crore for the latest quarter, up 116.4% from ₹61 crore a year earlier, suggesting improved performance in the recent period.

Financial performance

The company's business has deteriorated significantly, with annual revenue falling 88.1% and annual net profit swinging to a loss of ₹59 crore. However, the latest quarter saw revenue and net profit surge 113.6% and 116.4% respectively compared to the same quarter a year earlier, indicating a potential turnaround in recent months.

Valuation multiples

The stock trades at 20.7 times earnings, broadly in line with the Financial Services median of 19.3, 0.37 times book value.

Things to watch

The company reported a net loss of ₹59 crore in its latest financial year, with net profit margin at -306.2%, down 358.6 percentage points from the prior year. Revenue has declined sharply over the past five years, with a compound annual growth rate of -24.2%.

Where it stands

The company's latest quarter showed strong growth in both revenue and net profit, but its annual results remain heavily negative. The most significant movement was the 116.4% increase in net profit compared to the same quarter a year earlier, while the annual net profit loss of ₹59 crore remains a key concern.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.