Nexome Capital swings to ₹9.92 cr profit on investment banking fees
The firm reported a sharp turnaround in Q4, with revenue jumping to ₹21.90 crore from ₹1.11 crore in the previous quarter.
What's new
- Net profit reached ₹9.92 crore, reversing a ₹0.96 crore loss from the previous quarter.
- Revenue climbed to ₹21.90 crore, up from ₹1.11 crore in the December quarter.
- The board declared a final dividend of ₹1.50 per share.
Why this matters
The massive revenue spike confirms that Nexome's pivot to investment banking is yielding immediate results. Sustaining this momentum is the next hurdle for the firm.
What we're watching
- Whether the investment banking pipeline remains active in FY27.
- The impact of the dividend payout on the company's cash reserves.
- Any further board updates regarding long-term leadership succession.
The full read
Nexome Capital Markets turned a corner in the final quarter of FY26. The firm posted a standalone net profit of ₹9.92 crore, a sharp reversal from the ₹0.96 crore loss it booked in the December quarter. Revenue from operations surged to ₹21.90 crore from just ₹1.11 crore in the previous three months. The company credits this performance to its investment banking business. Alongside the results, the board declared a final dividend of ₹1.50 per share. It also cleared the path for managing director Kishor Shah to remain in his role past the age of 70. The numbers are a clear break from the recent past. Whether this is a one-off gain from a specific deal or the start of a new earnings baseline is the question for the next two quarters.
Questions answered
- What drove the sudden increase in revenue?
- The company attributed the revenue growth to its investment banking activities, which pushed quarterly revenue to ₹21.90 crore.
- How does the Q4 profit compare to the previous quarter?
- Nexome reported a net profit of ₹9.92 crore for the quarter ended March 31, 2026, a significant improvement over the ₹0.96 crore loss recorded in the preceding quarter.
- What dividend did the board recommend?
- The board recommended a final dividend of ₹1.50 per equity share.
- What decision was made regarding the managing director?
- The board approved the continuation of Kishor Shah as managing director, despite him being over the age of 70.