Shardul Securities Ltd(SHARDUL)

NSE: SHARDULBSE: 512393

₹ 47.5-4.66%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 416 crWebsite: www.shardulsecurities.comUpdated: 24 Oct 2026

About

Shardul Securities Ltd is a Systemically Important Non-Deposit taking NBFC (NBFC-ND-SI), categorised as Base Layer (NBFC-BL) under RBI Scale Based Regulations, primarily engaged in investment and finance activities in India. Its broking operations are conducted through its material subsidiary, Shriyam Broking Intermediary Limited. The company reported consolidated revenue of Rs 15.98 crore in FY26.^[1][2]

Business segments

Investment and Finance activity: the primary segment, recording segment revenue of Rs -36.19 crore and segment result of Rs -76.75 crore in FY26, reflecting mark-to-market movements on capital market holdings.^[1]
Other activity (Broking): the secondary segment, recording segment revenue of Rs 6.97 crore and segment result of Rs 12.67 crore in FY26.^[1]

Corporate structure

Shriyam Broking Intermediary Limited is the one material non-listed Indian subsidiary through which the group's stockbroking business is operated.^[1]
Shriyam Realtors Private Limited is a subsidiary that had not yet commenced operations as of FY26.^[1]

Investment portfolio

Major investments are held in capital market instruments including shares, mutual funds, and bonds; the company monitors price movements to manage market risk from portfolio volatility.^[3]
The group has no foreign currency exposure, holding no foreign assets or liabilities as of FY25.^[3]

Broking subsidiary performance

Shriyam Broking Intermediary Limited reported net income of Rs 11.31 crore in FY25, compared with Rs 3.53 crore in FY24.^[3]

Regulatory standing

Classified as NBFC-ND-SI (Systemically Important Non-Deposit taking NBFC) and placed in the Base Layer (NBFC-BL) under RBI Scale Based Regulations as of FY26.^[1]
The group maintains capital above the RBI-mandated minimum Net Owned Funds of Rs 200 lakh; capital increases are planned in advance of requirements.^[3]

Recent developments

No dividend was declared or paid for FY26.^[1]
All related-party transactions in FY26 were conducted in the ordinary course of business and on an arm's-length basis.^[1]

Market Cap

₹416 Cr

High / Low

₹60 / 20

Stock P/E

15.1

Price / Book

0.6

Book Value

₹75

EPS

₹-5.6

No. of Shares

8.75 Cr

ROE

-7.2%

Sales

₹16 Cr

Net Profit

₹-49 Cr

Promoter holding

74.8%

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Signal history

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Shardul Securities Ltd(SHARDUL)

About

Business segments

Corporate structure

Investment portfolio

Broking subsidiary performance

Regulatory standing

Recent developments

Signal history

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