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Earnings · Finance - Investment · Micro cap

Nexome swung to ₹9.92 cr profit as investment banking revenue surged 20x

A ₹0.96 crore Q3 loss became a ₹9.92 crore Q4 profit. The board is paying a dividend.

3 earlier stories on Nexome Capital Markets Ltd.
Mkt cap₹138 cr
P/E12.93×
ROE0.76%
Debt / eq.0.02
Div yld1.14%
₹21.90 cr Q4 revenue from investment banking, a 20-fold jump from Q3.

What's new

  • Q4 net profit was ₹9.92 crore versus a loss of ₹0.96 crore in the prior quarter.
  • Revenue from operations surged to ₹21.90 crore from ₹1.11 crore.
  • Board recommends a ₹1.50 per share final dividend for FY26.

Why this matters

The quarter was profitable, but investment banking revenue is inherently lumpy and tied to deal closings. A single quarter does not establish a trend. The dividend signals management confidence, but the business profile needs more than one good cycle to prove sustainability.

What we're watching

  • Whether Q1 FY27 shows any follow-through from the Q4 deal pipeline.
  • The breakdown of the ₹21.90 crore into specific mandates or clients.
  • Shareholder vote on MD Kishor Shah's continuation past age 70.

The full read

Nexome Capital Markets turned a ₹0.96 crore Q3 loss into a ₹9.92 crore Q4 profit. The engine was investment banking, which drove revenue to ₹21.90 crore from ₹1.11 crore. The board is returning cash with a ₹1.50 per share dividend for FY26. The swing is dramatic. But the business is lumpy. One quarter of deal-driven revenue is not a trend. The open question is whether Q4 was a cycle peak or a new baseline. The dividend is a signal of confidence. The numbers now need to repeat.

Questions answered

How big was the quarterly profit swing?
The company posted a net profit of ₹9.92 crore in Q4, up from a net loss of ₹0.96 crore in Q3. Revenue grew from ₹1.11 crore to ₹21.90 crore.
What drove the revenue surge?
The results attribute the entire increase to investment banking activities. The filing does not provide a breakdown by client, mandate, or product.
What is the dividend recommendation?
The board recommended a final dividend of ₹1.50 per equity share for FY26, subject to shareholder approval at the next annual general meeting.
What other board decision was taken?
The board approved the continuation of managing director Kishor Shah in his role beyond the age of 70, effective August 30, 2026.
Mentioned: Kishor Shah · ₹1.50 final dividend · Q4 FY26 results
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 25 May 2026 · 4:36 PM IST Nexome swung to ₹9.92 cr profit as investment banking revenue surged 20x
  2. 53d ago Nexome Capital swings to ₹9.92 cr profit on investment banking fees
  3. 54d ago Nexome's integrated results file adds nothing the market hasn't already seen.
  4. 54d ago Nexome swings to ₹9.92 cr profit on one big quarter of investment banking