Nexome Capital Markets reported a standalone net profit of ₹1.27 crore for Q1 FY27. The company also completed the conversion of equity warrants and maintained an unmodified auditor's opinion.
Nexome Capital Markets Ltd. Q1 FY27 Results
Nexome Capital Markets Ltd. reported a standalone net profit of ₹1.27 crore for the quarter ended June 30, 2026.
Reader Takeaway: Stable profits and successful warrant conversions are positive, but loan portfolio risk needs monitoring.
What just happened
Nexome Capital Markets Ltd. announced its financial results for the first quarter of fiscal year 2027. The company posted a standalone revenue from operations of ₹3.03 crore and a net profit after tax of ₹1.27 crore. Consolidated figures showed a slightly lower net profit of ₹1.24 crore.
The company's two subsidiaries contributed a combined revenue of ₹0.01 crore and a net loss of ₹0.03 crore to the consolidated results.
Why this matters
These results indicate stable profitability for the capital markets and investment banking operations during the quarter. The completion of the equity warrant conversion is a significant corporate action that impacts the company's capital structure.
The backstory
For the quarter ended June 30, 2026, Nexome Capital Markets reported standalone revenue of ₹3.03 crore and a net profit of ₹1.27 crore. The company maintained an ad hoc provision of 6% on its outstanding loan portfolio, amounting to ₹1.69 crore as of June 30, 2026.
A reversal of provision of ₹0.25 crore was recorded and credited to the Statement of Profit and Loss during the quarter.
What changes now
Nexome Capital Markets successfully converted 19.2 lakh equity convertible warrants into an equal number of equity shares on April 20, 2026, after receiving the balance consideration of ₹9.22 crore. This corporate action is now complete.
The Board adopted a Corporate Social Responsibility (CSR) Policy and an Annual Action Plan for FY2026-27.
Risks to watch
Investors should monitor the credit risk associated with the company's loan portfolio, especially given the continued maintenance of a 6% ad hoc provision. This highlights potential concerns regarding asset quality.
Peer comparison
(No specific peer comparison data was provided in the filing.)
Context metrics (time-bound)
- Loan Portfolio Provision: ₹1.69 crore (6% of outstanding loans) as of June 30, 2026.
- Provision Reversal: ₹0.25 crore in Q1 FY27.
- Warrant Conversion Consideration: ₹9.22 crore received for 19.2 lakh warrants.
What to track next
Future performance will depend on the company's capital market operations and the management of its loan portfolio's credit quality.
