Keynote Financial Services Limited KEYFINSERV NSEFINANCIAL
Keynote Financial Services Limited provides investment banking, corporate and ESOP advisory, and brokerage services in India and internationally. The company offers capital market services, including IPO/rights issue services, such as valuation reports, conducting the due diligence, assessing the fund requirement, market making, underwriting the issue, and lead managing; and merchant banking and advisory services, such as buybacks, delisting, and tender offers. It also provides corporate finance services related to project finance, syndication, asset-based bank loan, structured finance, restructuring advice, venture capital/private equity, valuation, and financial modeling; and mergers and acquisition advisory services in the areas of acquisitions, merger advisory, sale and divesture, joint ventures and alliances, access strategy, acquisition finance, FCCBs, ADRs, GDRs, and listings on international exchanges. In addition, the company offers equity trading, currency trading, and investment advisory services; employee stock ownership plans; and private equity, valuations, debt advisory, and alternative investment fund services. The company was formerly known as Keynote Corporate Services Limited and changed its name to Keynote Financial Services Limited in April 2019. Keynote Financial Services Limited was incorporated in 1993 and is based in Mumbai, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Excellent profit margin of 30.3%.
CONS
- Earnings shrank at -3.2% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | KEYFINSERV Keynote Financial Services Limited NSEFINANCIAL | 274.85 | 18.12 | ₹153.00 Cr | 0.36% | 8.32% | - | 9.20% | -3.24% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 744.55 | 16.61 | ₹11.46 L Cr | 1.75% | - | 13.82% | 32.50% | 20.39% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,256.40 | 16.81 | ₹9.01 L Cr | 0.88% | - | 16.36% | 19.65% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 964.40 | 10.58 | ₹8.90 L Cr | 1.80% | - | 15.48% | 12.19% | 14.39% |
| 5 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 384.20 | 19.80 | ₹3.82 L Cr | 0.13% | - | 11.39% | 14.58% | 8.92% |
| 6 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 411.35 | 9.06 | ₹2.60 L Cr | 2.43% | - | 42.36% | 7.61% | 16.86% |
| 7 | SHRIRAMFIN Shriram Finance Limited NIFTY50NSEFINANCIAL | 947.15 | 17.79 | ₹2.23 L Cr | 1.46% | - | 16.38% | 15.48% | 18.59% |
| 8 | SBILIFE SBI Life Insurance Company Limited NIFTY50NSEFINANCIAL | 1,830.10 | 74.06 | ₹1.84 L Cr | 0.15% | - | 13.70% | 11.67% | 12.81% |
| 9 | ICICIAMC ICICI PRUDENTIAL AMC LTD NIFTY_MIDNSEFINANCIAL | 3,538.50 | 53.19 | ₹1.75 L Cr | 0.70% | 98.30% | 85.80% | 28.94% | 29.58% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | 4.98 Cr | 6.90 Cr | 6.35 Cr | 2.90 Cr | 7.57 Cr |
| Cost of Revenue | - | 1.84 Cr | 3.15 Cr | 2.11 Cr | 2.24 Cr | 2.40 Cr |
| Gross Profit | - | 3.14 Cr | 3.76 Cr | 4.24 Cr | 65.86 L | 5.17 Cr |
| Operating Expenses | - | -12.28 L | 14.75 Cr | -7.35 Cr | 6.72 Cr | -2.91 Cr |
| Operating Income | - | 3.26 Cr | -10.99 Cr | 11.59 Cr | -6.06 Cr | 8.09 Cr |
| EBITDA | - | 3.98 Cr | -8.59 Cr | 12.79 Cr | -4.50 Cr | 8.23 Cr |
| Interest Expense | - | 9.10 L | 17.31 L | 4.41 L | 5.13 L | 15.62 L |
| Pretax Income | - | 3.68 Cr | -9.04 Cr | 12.48 Cr | -4.82 Cr | 7.79 Cr |
| Tax Provision | - | 75.25 L | -4.83 Cr | 5.00 Cr | -3.19 Cr | 2.01 Cr |
| Net Income | - | 5.63 Cr | -7.69 Cr | 12.56 Cr | -91.47 L | 4.49 Cr |
| Diluted EPS | 15.65 | 10.12 | - | 22.57 | -1.64 | 8.07 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 17.45 Cr | 14.63 Cr | 33.87 Cr | 22.72 Cr |
| Cost of Revenue | 5.16 Cr | 5.04 Cr | 6.22 Cr | 8.82 Cr |
| Gross Profit | 12.29 Cr | 9.59 Cr | 27.66 Cr | 13.90 Cr |
| Operating Expenses | -3.54 Cr | 11.01 Cr | -5.23 Cr | 5.68 Cr |
| Operating Income | 15.83 Cr | -1.42 Cr | 32.88 Cr | 8.22 Cr |
| EBITDA | 20.52 Cr | 63.72 L | 36.45 Cr | 12.81 Cr |
| Interest Expense | 1.16 Cr | 5.89 L | 18.61 L | 33.97 L |
| Pretax Income | 18.67 Cr | -5.20 L | 35.49 Cr | 11.55 Cr |
| Tax Provision | 2.59 Cr | 1.66 Cr | 7.69 Cr | 80.88 L |
| Net Income | 16.08 Cr | -1.63 Cr | 26.79 Cr | 14.57 Cr |
| Diluted EPS | 28.89 | -3.07 | 49.94 | 26.17 |
Compounded Sales Growth
| 5 Years: | 9.20% |
| 1 Year: | 83.10% |
Compounded Profit Growth
| 5 Years: | -3.24% |
| 1 Year: | -20.30% |
Stock Price Performance
| 1 Year: | -12.12% |
| 6 Months: | -2.54% |
| 3 Months: | -4.86% |
| 1 Month: | -2.45% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 139.42 Cr | 109.80 Cr | 139.93 Cr | 151.79 Cr |
| Current Assets | 110.57 Cr | 79.86 Cr | 109.26 Cr | 112.70 Cr |
| Cash & Equivalents | 11.18 Cr | 3.13 Cr | 1.84 Cr | 2.37 Cr |
| Inventory | 15.34 L | 20.33 L | 0 | - |
| Receivables | 1.73 Cr | 2.86 Cr | 9.72 Cr | 3.06 Cr |
| Total Liabilities | 38.28 Cr | 11.68 Cr | 15.65 Cr | 13.40 Cr |
| Current Liabilities | 33.00 Cr | 7.47 Cr | 7.52 Cr | 8.85 Cr |
| Long Term Debt | 27.05 Cr | 2.45 Cr | 66.90 L | 1.60 Cr |
| Total Debt | 27.11 Cr | 2.48 Cr | 67.89 L | 1.64 Cr |
| Total Equity | 101.15 Cr | 98.12 Cr | 124.28 Cr | 138.39 Cr |
| Shares Outstanding | 70.18 L | 70.18 L | 70.18 L | 55.67 L |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -12.64 Cr | 20.78 Cr | 5.59 Cr | 6.80 Cr |
| Investing Cash Flow | 21.92 Cr | -2.83 Cr | -4.25 Cr | -5.92 Cr |
| Financing Cash Flow | -49.19 L | -26.01 Cr | -2.63 Cr | -35.04 L |
| Capital Expenditure | -37.06 L | -1.27 Cr | -53.51 L | -1.66 Cr |
| Free Cash Flow | -13.01 Cr | 19.51 Cr | 5.06 Cr | 5.14 Cr |
| Net Change in Cash | 8.79 Cr | -8.05 Cr | -1.29 Cr | 53.10 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 70.4% | 65.6% | 81.6% | 61.2% |
| Operating Margin % | 90.7% | -9.7% | 97.1% | 36.2% |
| Net Margin % | 92.2% | -11.1% | 79.1% | 64.1% |
| ROE % | 15.9% | -1.7% | 21.6% | 10.5% |
| ROCE % | 14.9% | -1.4% | 24.8% | 5.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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