Khandwala Securities Limited KHANDSE NSEFINANCIAL
Company Overview
Khandwala Securities Limited engages in the provision of stock broking, investment banking, portfolio management, and research analyst and investment advisory services in India. It operates in two segments, Fee-Based and Investment/Trading in Stock. The company offers equity capital markets, comprising equity broking, investor AI (subscription and broking), KSL PPPS (Comprehensive Service Plan and Brokerage), depository participant income, wholesale debt market operations, and institutional broking; investment banking, comprising corporate advisory and merchant banking; as well as asset and wealth management. It is also involved in the provision of financial advisory services related to equity and debt issue management, and portfolio management and broking; trading, investing and speculation activities in capital markets; and mobile and browser based online trading applications under the KSL EazyTrade, KSL Prive, and KSL EazyWealth Browser brand. In addition, it provides equity, derivatives, mutual funds, structured products, depository, and insurance products, as well as third party product distribution services. The company serves public and private sector corporations, multinational corporations, financial institutions, institutional investors, high net worth individuals, and retail investors, as well as market intermediaries. Khandwala Securities Limited was founded in 1934 and is headquartered in Mumbai, India.
Why Investors Should Care
Carries low leverage with a debt-to-equity ratio of 0.10.
Recent Developments
- Mar 2026 Revenue of ₹7.89 Cr (-17.2% YoY); net profit ₹-1.27 Cr.
- Trailing 12 Months Year-on-year growth — revenue +99.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 7.9%, profit CAGR -128.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 7.94% |
| 1 Year: | 99.60% |
Compounded Profit Growth
| 5 Years: | -128.90% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -40.39% |
| 6 Months: | -3.60% |
| 3 Months: | -8.12% |
| 1 Month: | -6.30% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)40.23 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
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 Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Earnings shrank at -128.9% CAGR over 5 years.
- Trading 40.4% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
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 | KHANDSE Khandwala Securities Limited NSEFINANCIAL | 16.07 | -41.21 | ₹24.51 Cr | 0.00% | -3.41% | -4.58% | 7.94% | -128.90% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 694.05 | 15.17 | ₹10.70 L Cr | 1.88% | - | 13.84% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,398.50 | 18.08 | ₹10.04 L Cr | 0.89% | - | 16.07% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 970.00 | 10.40 | ₹8.95 L Cr | 1.82% | - | 15.18% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 942.10 | 28.93 | ₹5.87 L Cr | 0.56% | - | 16.68% | 22.58% | 18.23% |
| 6 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 437.00 | 21.42 | ₹4.35 L Cr | 0.15% | - | 10.64% | 13.48% | 8.92% |
| 7 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,212.00 | 13.63 | ₹3.77 L Cr | 0.08% | - | 13.35% | 12.16% | 34.61% |
| 8 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,678.00 | 26.64 | ₹2.69 L Cr | 0.07% | - | 12.58% | 22.92% | 15.16% |
| 9 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 387.50 | 8.16 | ₹2.45 L Cr | 2.59% | - | 32.53% | 7.26% | 16.86% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.36 Cr | 1.93 Cr | 1.60 Cr | 2.16 Cr | 2.83 Cr | 2.52 Cr | 3.14 Cr | 2.70 Cr | 1.18 Cr | 1.14 Cr | 3.40 Cr | 1.06 Cr | 2.30 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 78.16 L | 87.10 L | 92.80 L | 89.99 L | 1.01 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 39.97 L | 27.10 L | 2.47 Cr | 15.54 L | 1.28 Cr |
| Operating Expenses | 1.72 Cr | 1.73 Cr | 1.36 Cr | 1.81 Cr | 3.05 Cr | 1.97 Cr | 7.64 Cr | 2.44 Cr | 1.74 Cr | 97.24 L | 2.38 Cr | 1.25 Cr | 2.10 Cr |
| Operating Income | -40.00 L | 15.00 L | 17.00 L | 27.00 L | -34.00 L | 45.00 L | -4.57 Cr | 19.00 L | -1.34 Cr | -70.14 L | 9.31 L | -1.09 Cr | -81.57 L |
| EBITDA | -36.00 L | 20.00 L | 24.00 L | 35.00 L | -22.00 L | 55.00 L | -4.50 Cr | 26.00 L | -86.40 L | -47.74 L | 37.45 L | -34.29 L | -31.97 L |
| Interest Expense | 7.00 L | 6.00 L | 10.00 L | 6.00 L | 5.00 L | 5.00 L | 2.00 L | 1.00 L | 2.81 L | 4.08 L | 5.60 L | 6.28 L | 7.14 L |
| Pretax Income | -1.62 Cr | 14.00 L | 11.00 L | 25.00 L | -34.00 L | 46.00 L | 22.00 L | 53.00 L | -1.00 Cr | -58.69 L | 24.33 L | -49.03 L | -45.09 L |
| Tax Provision | -10.00 L | 0 | 0 | -1.00 L | -0 | -99,820 | -1.00 L | -1.00 L | 1.05 Cr | -9,000 | 1,000 | -26,000 | -1.08 L |
| Net Income | -1.72 Cr | 14.00 L | 11.00 L | 27.00 L | -34.00 L | 48.00 L | 24.00 L | 54.00 L | -2.05 Cr | -58.60 L | 24.32 L | -48.77 L | -44.01 L |
| Diluted EPS | -1.13 | 0.09 | 0.07 | 0.18 | -0.22 | 0.31 | 0.16 | 0.35 | -1.35 | -0.38 | 0.16 | -0.32 | -0.29 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.40 Cr | 4.14 Cr | 3.81 Cr | 3.64 Cr | 2.87 Cr | 3.74 Cr | - | 6.28 Cr | 8.53 Cr | 9.54 Cr | 7.89 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 2.47 Cr | 3.20 Cr | 3.11 Cr | 3.71 Cr |
| Gross Profit | - | - | - | - | - | - | - | 3.81 Cr | 5.33 Cr | 6.42 Cr | 4.18 Cr |
| Operating Expenses | 3.60 Cr | 4.91 Cr | 4.04 Cr | 5.44 Cr | 6.15 Cr | 4.45 Cr | - | 3.19 Cr | 4.11 Cr | 11.68 Cr | 6.70 Cr |
| Operating Income | -49.00 L | -1.07 Cr | -52.00 L | -2.08 Cr | -3.56 Cr | -99.00 L | - | 62.48 L | 1.22 Cr | -5.26 Cr | -2.52 Cr |
| EBITDA | -20.00 L | -77.00 L | -23.00 L | -1.80 Cr | -3.28 Cr | -71.00 L | - | 1.08 Cr | 69.13 L | 67.64 L | -76.57 L |
| Interest Expense | 32.00 L | 35.00 L | 28.00 L | 23.00 L | 82.00 L | 74.00 L | - | 28.56 L | 21.42 L | 10.85 L | 23.10 L |
| Pretax Income | -72.00 L | -60.00 L | -77.00 L | 15.00 L | -3.63 Cr | -1.70 Cr | - | 49.68 L | 16.38 L | 22.46 L | -1.28 Cr |
| Tax Provision | 1.00 L | -1.00 L | 1.00 L | -4.00 L | 3.99 L | 5.00 L | - | 5.35 L | -1.01 L | 1.02 Cr | -1.42 L |
| Net Income | -70.00 L | -61.00 L | -76.00 L | 19.00 L | -3.59 Cr | -1.65 Cr | - | 44.32 L | 17.39 L | -80.04 L | -1.27 Cr |
| Diluted EPS | -0.59 | -0.51 | -0.64 | 0.16 | -3.01 | -1.38 | - | 0.29 | 0.11 | -0.52 | -0.83 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 40.07 Cr | 38.60 Cr | 40.24 Cr | 46.85 Cr | 39.89 Cr | 41.36 Cr | - | 43.57 Cr | 47.61 Cr | 43.31 Cr | 40.59 Cr |
| Current Assets | - | - | - | - | - | - | - | 21.19 Cr | 16.44 Cr | 18.88 Cr | 7.59 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | 2.46 L | 6.43 L | 1.48 L | 1.94 L |
| Inventory | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | 7.84 Cr | 6.65 Cr | 3.87 Cr | 4.01 Cr |
| Total Liabilities | - | - | - | - | - | - | - | 14.08 Cr | 17.92 Cr | 14.42 Cr | 12.85 Cr |
| Current Liabilities | - | - | - | - | - | - | - | 11.31 Cr | 16.25 Cr | 12.77 Cr | 9.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | 2.61 Cr | 1.47 Cr | 1.42 Cr | 2.88 Cr |
| Total Debt | 5.08 Cr | 4.92 Cr | 4.84 Cr | 6.39 Cr | 7.74 Cr | 6.94 Cr | - | 2.64 Cr | 1.55 Cr | 1.50 Cr | 2.88 Cr |
| Total Equity | 26.47 Cr | 25.86 Cr | 25.10 Cr | 25.22 Cr | 21.63 Cr | 19.95 Cr | - | 29.49 Cr | 29.68 Cr | 28.89 Cr | 27.74 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | 1.53 Cr | 1.53 Cr | 1.53 Cr | 1.53 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 3.87 Cr | -1.35 Cr | 40.00 L | 3.59 Cr | -3.55 Cr | -21.00 L | - | -7.24 Cr | -1.74 Cr | 4.02 Cr | -2.05 Cr |
| Investing Cash Flow | -12.00 L | 28.00 L | 21.00 L | 2.00 Cr | -40.00 L | 18.00 L | - | -1.51 Cr | -1.17 Cr | -3.94 Cr | 63.54 L |
| Financing Cash Flow | 4.00 L | -50.00 L | -36.00 L | 1.32 Cr | 53.00 L | -1.54 Cr | - | 8.40 Cr | -9.14 L | 28.53 L | -50.05 L |
| Capital Expenditure | -51.00 L | -7.00 L | -4.00 L | 2.45 Cr | -7.00 L | -13.00 L | -2.97 L | -59.10 L | -35.93 L | - | -21.26 L |
| Free Cash Flow | 3.36 Cr | -1.42 Cr | 36.00 L | 6.04 Cr | -3.62 Cr | -34.00 L | - | -7.83 Cr | -2.10 Cr | 4.02 Cr | -2.26 Cr |
| Net Change in Cash | 3.79 Cr | -1.57 Cr | 26.00 L | 6.90 Cr | -3.42 Cr | -1.57 Cr | - | -33.77 L | -3.01 Cr | 37.32 L | -1.91 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | 60.7% | 62.5% | 67.3% | 53.0% |
| Operating Margin % | -14.4% | -25.8% | -13.6% | -57.1% | -124.0% | -26.5% | - | 10.0% | 14.3% | -55.1% | -31.9% |
| Net Margin % | -20.6% | -14.7% | -19.9% | 5.2% | -125.1% | -44.1% | - | 7.1% | 2.0% | -8.4% | -16.1% |
| ROE % | -2.6% | -2.4% | -3.0% | 0.8% | -16.6% | -8.3% | - | 1.5% | 0.6% | -2.8% | -4.6% |
| ROCE % | - | - | - | - | - | - | - | 1.9% | 3.9% | -17.2% | -8.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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KHANDSE — Frequently Asked Questions
What is the current share price of Khandwala Securities Limited (KHANDSE)?
As of 2026-10-24 04:55 IST, Khandwala Securities Limited (KHANDSE) trades at ₹16.07 on NSE. Its 52-week range is ₹12.50 to ₹26.96.
What is the market capitalisation of KHANDSE?
Khandwala Securities Limited (KHANDSE) has a market capitalisation of ₹24.51 Cr on NSE.
What is the P/E ratio of KHANDSE?
KHANDSE trades at a trailing price-to-earnings (P/E) ratio of -41.21. The industry average P/E is 15.25. Its price-to-book (P/B) ratio is 0.94.
What is the return on equity (ROE) of KHANDSE?
KHANDSE has a return on equity (ROE) of -4.58%. Its return on capital employed (ROCE) is -3.41%.
Is KHANDSE a good stock to buy?
This page provides a data-driven analysis of Khandwala Securities Limited (KHANDSE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.