Systematix Corporate Services Ltd(SYSTMTXC)

NSE: SYSTMTXCBSE: 526506

₹ 75-3.85%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 1,024 crWebsite: www.systematixgroup.inUpdated: 24 Oct 2026

About

Systematix Corporate Services is a SEBI-registered Category I Merchant Banker. Through 5 subsidiaries it runs wealth management, institutional and HNI/UHNI broking, commodities, and loans against shares via an RBI-registered NBFC. FY26 revenue was Rs 146.17 cr, and the group has more than 40,000 registered clients. The FY26 annual report calls it one of India's fastest-growing investment banks and an advisor of choice to mid-market corporates.^[1][2]

Business segments

Merchant Banking & Related Activities: Rs 78.3 cr revenue, 52.7% share in FY26 (Rs 68.78 cr in FY25).^[3][4]
Equity, Commodity, Currency and other Transactional Services: Rs 66.84 cr, 45.0% share in FY26 (Rs 93.59 cr in FY25).^[3][4]
Financing and other Activities: Rs 3.45 cr, 2.3% share in FY26 (Rs 8.45 cr in FY25).^[3][4]

Products and services

Offers investment banking, merchant banking, equity broking, wealth and asset management, PMS, e-broking and depository services (FY26).^[1]
Research covers about 328 stocks across 20+ sectors in FY26, against 253+ companies in FY25.^[1][4]
The established PMS franchise reports risk-adjusted CAGR returns of 20.9% over 3 years and 18.0% over 5 years (FY26 report).^[1]
Two new PMS strategies, Systematix Million to Billion and Systematix Emerging Leaders, were approved and launched in July 2026.^[1][5]

Key operating numbers

Private Wealth AUM and custody was about Rs 11,800 cr in Q1 FY27, against about Rs 7,800 cr in FY26.^[5][6]
Investment banking transacted about Rs 4,600+ cr of deals in FY26. In FY25 it closed 28 transactions raising over Rs 15,400 crore.^[6][4]
The IB pipeline was Rs 14,000+ cr across 26+ opportunities in Q1 FY27, against Rs 11,600+ cr across 27+ in Q4 FY26.^[5][6]
Q1 FY27 IB activity: block deals of Rs 168 cr, a rights issue of Rs 64 cr, a DRHP filed for Rs 53 cr and a BSE listing of Rs 1,000 cr.^[5]
Institutional broking executed about Rs 459 cr of block deals in FY26.^[1]
PMS AUM was about Rs 475 cr in FY26, against Rs 525 cr+ reported at Q2 FY26.^[6][7]
QIP market share was 7.5% in FY25.^[4]

Customers and distribution

More than 40,000 registered clients, including FIIs, DIIs, insurers, bank and corporate treasuries, promoters, HNIs and retail investors (FY26).^[1]
Institutional broking is empanelled with 200+ institutional investors in FY26. The FY25 report counted over 1,102 active institutional clients.^[1][4]
Offices in around 7 locations and close to 62 franchisees across 8 states, with a network spanning 50+ cities (FY26).^[1]
Private Wealth has offices in Mumbai, Ahmedabad, Delhi, Indore and Kolkata (FY26).^[1]
The group had approximately 272 permanent employees as on March 31, 2026.^[1]

Funds and expansion

The India SME Growth Fund (Cat I AIF) launched in August 2025 and was fully subscribed at about Rs 125 cr by July 2026. 40% has been drawn down and invested in four companies.^[1][5]
The India Equity Opportunities Fund (Cat II AIF, Rs 1,000 cr including a Rs 250 cr greenshoe) is listed as launched in May 2026 (Q1 FY27 call). The Q3 FY26 call had given its launch as December 2025.^[5][8]
The Systematix Real Estate Fund (Cat II AIF, Rs 1,000 cr including greenshoe) is proposed for October 2026. It had earlier been targeted for May 2026.^[5][6]
A Category III open-ended equity AIF has been filed with SEBI and is awaiting approval; launch is proposed for October 2026.^[5][1]
Private Wealth build-out cost Rs 3.19 cr in Q4 FY26 and Rs 5.38 cr in FY26, spent on senior talent, technology and regulatory infrastructure.^[6]

Recent developments

Equity shares listed on the NSE Main Board from October 06, 2025.^[1]
Partha Sengupta and Bhaskar Hazra were hired as joint MDs and CEOs of Private Wealth (Q2 FY26).^[7]
Adjusted income from operations, excluding unlisted share sales, was Rs 26.75 cr in Q1 FY27, against Rs 23.50 cr in Q4 FY26 and Rs 39.17 cr in Q1 FY26.^[5]
The FY26 report names broking headwinds from SEBI derivative reforms and the STT hike on derivatives proposed in Union Budget 2026-27.^[1]

Market Cap

₹1,024 Cr

High / Low

₹180 / 53

Stock P/E

-592.3

Price / Book

3.4

Book Value

₹23

EPS

₹1.0

No. of Shares

13.65 Cr

ROE

4.5%

Sales

₹146 Cr

Net Profit

₹14 Cr

Promoter holding

70.6%

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Systematix Corporate Services Ltd(SYSTMTXC)

About

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Products and services

Key operating numbers

Customers and distribution

Funds and expansion

Recent developments

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