Inani Securities' profit drops 86% in FY26 as revenue shrinks
Annual net profit fell to ₹7.58 lakh on revenue of ₹1.83 crore. Total assets contracted year-on-year.
What's new
- Net profit plunged 86% to ₹7.58 lakhs for FY26 from ₹57.11 lakhs a year earlier.
- Total annual revenue fell to ₹1.83 crore from ₹2.90 crore in FY25.
- Q4 profit was a marginal ₹0.23 lakhs on revenue of ₹45.98 lakhs.
Why this matters
This is a near-total earnings collapse for a nano-cap brokerage in a single year. Profit down 86% on a 37% revenue drop points to a severe contraction in core activity, not a one-off cost hit. The shrinking balance sheet confirms the retreat.
What we're watching
- Whether quarterly revenue stabilizes above the Q4 trough of ₹45.98 lakhs.
- The impact on the company's nano-cap valuation.
- Any disclosure of strategic changes or cost-cutting plans.
The full read
Inani Securities' FY26 results are a near-wipeout. Net profit fell 86% to just ₹7.58 lakhs from ₹57.11 lakhs, on revenue that shrank to ₹1.83 crore from ₹2.90 crore. The quarterly picture is worse. Q4 profit was a near-negligible ₹0.23 lakhs on revenue of ₹45.98 lakhs. For a nano-cap brokerage, this points to a steep drop in core activity. The balance sheet also contracted, with total assets falling to ₹25.94 crore from ₹28.28 crore. The statutory auditors signed off with an unmodified opinion, confirming the arithmetic. The filing is a standard disclosure, but the underlying numbers reveal an earnings profile that has nearly evaporated. Not a blip. A trend across the full year.
Questions answered
- How much did Inani Securities' profit and revenue fall in FY26?
- Net profit fell 86% to ₹7.58 lakhs from ₹57.11 lakhs. Total revenue also declined to ₹1.83 crore from ₹2.90 crore in the prior year.
- What was the quarterly performance like?
- The most recent quarter saw a marginal profit of ₹0.23 lakhs on revenue of ₹45.98 lakhs, indicating the weakness persisted through the year.
- What happened to the company's balance sheet?
- Total assets shrank to ₹25.94 crore at March 31, 2026, down from ₹28.28 crore a year earlier.
- Did the auditors have any concerns?
- No. The statutory auditors gave an unmodified opinion on the financial results, meaning they found the numbers to be reliable.