Quest Capital Markets Posts Strong FY26 Results, Recommends Dividend

Quest Capital Markets Ltd has announced its audited financial results for the fiscal year ended March 31, 2026, reporting a profit of ₹23.53 crore. This marks a significant increase from the previous fiscal year.

Reader Takeaway: Steady profit growth and a 25% dividend payout offer shareholder value, while minimal impact from new labor codes is noted.

What just happened

Quest Capital Markets Ltd declared its audited financial results for FY26. The company reported a profit after tax of ₹23.53 crore, an increase of 19.89% compared to ₹19.63 crore in FY25. Total revenue from operations rose by 21.46% to ₹31.35 crore in FY26 from ₹25.81 crore in FY25. The Board recommended a dividend of ₹2.50 per equity share (25% on a face value of ₹10), subject to shareholder approval. The company also saw the re-appointment of independent directors and the internal auditor. Auditors provided an unmodified opinion.

Why this matters

For investors, the key takeaway is the company's consistent financial performance with growth in both revenue and profit. The recommended dividend provides a direct return to shareholders. The re-appointment of independent directors and internal auditors suggests continuity and stability in corporate governance. The nod from auditors with an unmodified opinion adds credibility to the reported financials.

The backstory

Quest Capital Markets operates in the financial services sector. The company has been focused on delivering consistent returns to its stakeholders. This year's results show a strengthening of its financial position over the previous year.

What changes now

With shareholder approval, the recommended dividend will be paid out, providing cash returns. The re-appointments will ensure continuity in leadership and audit functions. The company will continue to monitor the impact of new Labour Codes.

Risks to watch

The company noted a minimal additional expense of ₹1.06 lakh towards gratuity due to new Labour Codes effective November 2025. While the financial impact is currently small, continued monitoring of regulatory changes and their potential future impact is advisable.

Peer comparison

(No direct peer comparison data was provided in the filing. A general comparison would involve looking at revenue growth, profit margins, and dividend yields of other listed NBFCs or financial services companies.)

Context metrics (time-bound)

• FY26 Profit: ₹23.53 crore (vs. ₹19.63 crore in FY25)
• FY26 Revenue: ₹31.35 crore (vs. ₹25.81 crore in FY25)
• Dividend: ₹2.50 per share (25%)
• EPS FY26: ₹23.53 (vs. ₹19.63 in FY25)

What to track next

Investors will be looking for the company's performance in the upcoming quarters, particularly how it navigates any further implications of the new Labour Codes and sustains its growth trajectory.