Khandwala Securities Reports Profitable Quarter Driven by Feebased Operations

Khandwala Securities Ltd has achieved a significant turnaround in its financial performance, reporting a net profit of ₹0.08 crore for the first quarter ended June 30, 2026.

This marks a substantial improvement from a net loss of ₹0.59 crore in the same quarter last year.

Reader Takeaway: Return to profit and doubled revenue is a positive sign, but portfolio valuation remains a watch point.

What just happened

Khandwala Securities announced its unaudited financial results for Q1 FY2027, showing a net profit of ₹8.49 lakh (₹0.08 crore). The company's revenue from operations surged by 98.5% to ₹2.27 crore (₹226.68 lakh) compared to ₹1.14 crore in Q1 FY2026.

Why this matters

The return to profitability is a key development for investors, indicating a reversal of the previous year's loss. The strong revenue growth, primarily from its 'Feebased Operations', suggests improving business momentum.

The backstory

In the previous fiscal's corresponding quarter (Q1 FY2026), Khandwala Securities had posted a net loss of ₹58.58 lakh (₹0.59 crore) on revenues of ₹1.14 crore.

What changes now

With profitability restored and revenue significantly increased, the company is on a stronger footing. Investors will be keen to see if this trend continues in subsequent quarters.

Risks to watch

A key watch point highlighted is the potential impact of portfolio valuation. Fluctuations in the value of shares held as 'stock-in-trade' can influence the company's reported earnings.

Peer comparison

While specific peer data for this quarter is not provided in the filing, Khandwala Securities operates in the financial services sector, which is subject to market volatility and regulatory changes. Companies in this space often see revenue fluctuations based on market conditions and trading volumes.

Context metrics (time-bound)

• Revenue from Operations: ₹2.27 crore in Q1 FY2027, up 98.5% from ₹1.14 crore in Q1 FY2026.
• Net Profit/(Loss): ₹0.08 crore in Q1 FY2027, compared to a loss of ₹0.59 crore in Q1 FY2026.
• Feebased Operations Revenue: ₹2.22 crore, contributing the bulk of the company's income.

What to track next

Investors should monitor the sustainability of revenue growth and profitability. The company's 33rd Annual General Meeting (AGM) on September 18, 2026, will be an important forum for shareholder engagement and understanding management's outlook.