Quest Capital Markets Sees Robust FY26 Growth, Recommends Dividend

Quest Capital Markets Ltd has reported a strong financial performance for the fiscal year ended March 31, 2026. Profit for the year rose by 19.89% to ₹23.53 crore, while revenue from operations saw a 21.46% increase, reaching ₹31.35 crore. The company's board has recommended a dividend of ₹2.50 per equity share.

Reader Takeaway: Strong profit and revenue growth; dividend payout signals shareholder value focus.

What just happened

Quest Capital Markets announced its audited financial results for the fiscal year 2026. Key highlights include an annual profit of ₹23.53 crore, up from ₹19.63 crore in FY25, and revenue from operations of ₹31.35 crore, an increase from ₹25.81 crore in the prior year. The company's Earnings Per Share (EPS) basic stood at ₹23.53.

Why this matters

The financial results indicate a healthy growth trajectory for Quest Capital Markets. The rise in profitability and revenue is a positive sign for investors, suggesting effective business operations. The recommended dividend of ₹2.50 per equity share (25% of face value) demonstrates the company's commitment to sharing profits with its shareholders.

The backstory

For the year ended March 31, 2026, Quest Capital Markets reported revenue from operations of ₹31.35 crore, a 21.46% increase from ₹25.81 crore in FY25. Profit for the year grew by 19.89% to ₹23.53 crore from ₹19.63 crore in the previous year. Basic EPS improved to ₹23.53 from ₹19.63.

What changes now

The recommended dividend of ₹2.50 per equity share will be subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved the re-appointment of Ms. Rusha Mitra and Mr. Trivikram Khaitan as Non-Executive Independent Directors for another five-year term, and the re-appointment of M/s. A. Singhi & Co. as Internal Auditors for FY27.

Risks to watch

The company has accounted for an additional expense of ₹0.0106 crore (₹1.06 lakh) related to gratuity under employee benefits due to new Labour Codes. While this impact is minimal, future compliance with evolving labour regulations could pose a challenge.

Peer comparison

(No peer comparison data available in the filing).

Context metrics

As of March 31, 2026, Quest Capital Markets had total assets of ₹1,118.26 crore and total equity of ₹1,050.64 crore. The company's auditor provided an unmodified opinion on the financial results.

What to track next

Investors will be keen to monitor the shareholder approval of the recommended dividend at the AGM. Continued revenue and profit growth in the upcoming quarters, along with stable corporate governance, will be key factors to observe.