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    <title>SKP Securities Ltd. (SKPSEC) — Tipsheet</title>
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    <description>Every Tipsheet Editorial note covering SKP Securities Ltd. (SKPSEC), newest first. Grounded in BSE/NSE primary-source filings.</description>
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    <lastBuildDate>Tue, 28 Jul 2026 14:38:36 GMT</lastBuildDate>
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      <title>SKP Securities&#39; Q1 profit slips 21% as expenses rise</title>
      <link>https://tipsheet.markets/skpsec-skp-securities-q1-profit-slips-21-as-expenses-rise-127461/</link>
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      <pubDate>Sat, 25 Jul 2026 12:43:44 GMT</pubDate>
      <description>Revenue flat at ₹10.43 cr as employee and finance costs erode margins; auditor raises no red flags.</description>
      <content:encoded><![CDATA[<p><em>Revenue flat at ₹10.43 cr as employee and finance costs erode margins; auditor raises no red flags.</em></p>
<h3>What’s new</h3><ul><li>Net profit fell 21% YoY to ₹2.24 cr in Q1 FY27.</li><li>Revenue unchanged at ₹10.43 cr; total expenses rose to ₹7.60 cr.</li><li>Statutory auditor's limited review raised no concerns.</li></ul>
<h3>Why it matters</h3><p>For a ₹76 cr nano-cap, this is a standard quarter. The profit decline is driven by cost inflation, not revenue weakness. With a P/E of 7.4 and ROE of 19.7%, the stock is not priced for surprises, so the result likely reinforces the status quo.</p>
<h3>What we’re watching</h3><ul><li>Whether cost pressures persist into Q2 FY27.</li><li>Any new business initiatives or strategic updates from the board.</li><li>How the stock reacts given low liquidity and limited coverage.</li></ul>
<h3>The full read</h3><p>SKP Securities' Q1 FY27 numbers are as routine as they come for a nano-cap. Revenue was flat at <strong>₹10.43 cr</strong>, but expenses climbed <strong>12%</strong> to <strong>₹7.60 cr</strong>, led by higher employee and finance costs. That squeezed net profit to <strong>₹2.24 cr</strong>, down <strong>21%</strong> from <strong>₹2.85 cr</strong> a year ago. The auditor's limited review found nothing amiss. The board met, approved the results, and moved on — no guidance, no strategy updates. For a stock with a <strong>₹76 cr</strong> market cap, a <strong>P/E of 7.4</strong>, and <strong>ROE of 19.7%</strong>, this quarter doesn't change the narrative. It's a holding pattern: costs are rising, revenue isn't, and the market is unlikely to react until something breaks that pattern.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=531169&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SKPSEC">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
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    <item>
      <title>SKP Securities profit slips 21% in Q1 as costs climb</title>
      <link>https://tipsheet.markets/skpsec-skp-securities-profit-slips-21-in-q1-as-costs-climb-127460/</link>
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      <pubDate>Sat, 25 Jul 2026 12:40:00 GMT</pubDate>
      <description>Revenue barely moved at ₹10.43 crore, but employee and finance charges ate into the bottom line. A routine quarter for the nano-cap broker, but the margin squeeze is visible.</description>
      <content:encoded><![CDATA[<p><em>Revenue barely moved at ₹10.43 crore, but employee and finance charges ate into the bottom line. A routine quarter for the nano-cap broker, but the margin squeeze is visible.</em></p>
<h3>What’s new</h3><ul><li>Net profit fell to ₹2.24 crore from ₹2.85 crore a year ago.</li><li>Revenue flat at ₹10.43 crore; expenses rose 12% to ₹7.60 crore.</li><li>Auditor's limited review raised no concerns.</li></ul>
<h3>Why it matters</h3><p>For a nano-cap brokerage, cost creep is the headline. Employee and finance charges outpaced revenue, compressing margins. With a trailing PAT growth of 64%, this quarter reverses momentum.</p>
<h3>What we’re watching</h3><ul><li>Whether cost pressures persist into Q2.</li><li>Any uptick in brokerage revenue.</li><li>Management commentary on expense controls.</li></ul>
<h3>The full read</h3><p>SKP Securities saw net profit drop <strong>21%</strong> in Q1 FY27, slipping to <strong>₹2.24 crore</strong> from <strong>₹2.85 crore</strong> a year ago. Revenue held steady at <strong>₹10.43 crore</strong>, but the cost side worsened — total expenses climbed to <strong>₹7.60 crore</strong>, driven by higher employee costs and finance charges. The statutory auditor found no issues, and for a nano-cap broker with a <strong>₹76 crore</strong> market cap and a <strong>7.4</strong> P/E, the quarter is unremarkable. Yet the margin squeeze is real. Trailing PAT growth of <strong>64%</strong> had set a higher bar; this quarter reverses that momentum. The next test: whether costs stabilise or revenue finally picks up.</p>
<p>Primary source: <a href="https://www.bseindia.com/corporates/ann.html?scrip=531169&dur=A">BSE</a> · <a href="https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=SKPSEC">NSE</a></p>]]></content:encoded>
      <category>Earnings</category>
      <dc:creator>Tipsheet Editorial</dc:creator>
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