LKP Securities Ltd (540192) Quarterly Report Analysis & Insights

LKP Securities Ltd

| Audited Standalone Financial Results for the Quarter and Year Ended March 31, 2026

⬤27th Apr 26

Summary : LKP Securities Ltd. reported audited financial results for FY26, declared a dividend, and announced a strategic investment in Bond Street Capital Private Limited, with an unmodified audit opinion.

Quarterly Report Analysis & Insights

Financial Disclosures

Standalone Total Expenses (FY26): Rs. 9,336.73 lakhs.
Consolidated Total Expenses (FY26): Rs. 9,429.51 lakhs.
Major expenses: Finance costs, Employee benefits, Other expenses.
Standalone Revenue from Operations (FY26): Rs. 10,511.29 lakhs.
Consolidated Revenue from Operations (FY26): Rs. 10,714.83 lakhs.
Key revenue sources: Interest, Dividend, Fees & Commission, Net gains on fair value changes.
Standalone Net Cash Flow from Operating Activities (FY26): (Rs. 401.73) lakhs.
Consolidated Net Cash Flow from Operating Activities (FY26): (Rs. 438.09) lakhs.
Standalone Net Cash Flow from Investing Activities (FY26): (Rs. 449.09) lakhs.
Consolidated Net Cash Flow from Investing Activities (FY26): (Rs. 381.86) lakhs.
Standalone Net Cash Flow from Financing Activities (FY26): Rs. 673.33 lakhs.
Consolidated Net Cash Flow from Financing Activities (FY26): Rs. 662.17 lakhs.
Standalone Total Assets (March 31, 2026): Rs. 28,920.62 lakhs.
Consolidated Total Assets (March 31, 2026): Rs. 29,254.99 lakhs.
Standalone Total Equity (March 31, 2026): Rs. 9,915.86 lakhs.
Consolidated Total Equity (March 31, 2026): Rs. 10,155.79 lakhs.
Investment in Bond Street Capital Private Limited involves common directorship.
Both standalone and consolidated financial results are presented.
Consolidated results include LKP Securities Ltd. and its subsidiaries.

Corporate Overview

Registered and Head Office in Mumbai, India.
Engaged in stock broking activities and related services.
Wholesale and retail trading in bonds and financial markets.
Formal and compliant, focused on regulatory disclosures and financial reporting.
Interest income
Dividend income
Fees and commission income
Net gains/(loss) on fair value changes
Investment of Rs. 75.09 Crores in Bond Street Capital Private Limited via Rights Issue.
Aims to strengthen consolidated business in debt and capital markets.

Risk Factors

Impact of new Labour Codes on employee benefits.
Negative cash flow from operating activities.
Negative cash flow from investing activities.
Related party transactions in new investment.

Key Drivers

Recommended dividend of Re. 0.20 per share.
Strategic investment in Bond Street Capital Limited.
Unmodified audit opinion on financial results.
Appointment of new Company Secretary.

Auditor’s Report

Unmodified opinion on standalone and consolidated financial results.

Board Commentary

Re-appointment of MGB & Co. LLP as Statutory Auditors for one year.
Re-appointment of Shah & Ramaiya as Internal Auditors for FY 2026-27.
Appointment of Ms. Jahnavi Mehta as Company Secretary and Compliance Officer.
Recommended dividend of Re. 0.20 per equity share (10%) for FY 2025-26.
New Labour Codes effective November 21, 2025, impacting employee benefits provision.
Investment of Rs. 75.09 Crores in Bond Street Capital Private Limited.

Corporate Governance

Audit Committee reviewed and recommended financial results.
Nomination and Remuneration Committee recommended appointments.

Management Discussion & Analysis

Future Strategy

Strategic investment in Bond Street Capital Private Limited to expand financial market activities.

Performance Drivers

Interest income, fees, and net gains on fair value changes.

Critical Risks

Potential financial impact from new Labour Codes on employee benefits.