Shardul Securities Ltd (SHARDUL) — shareholding pattern, promoter holding, financials and share price
About Shardul Securities Ltd (SHARDUL)
Shardul Securities Ltd operates in the Stockbroking & Allied industry, within the Financial Services sector. It trades on the NSE as SHARDUL and on the BSE under scrip code 512393. Its ISIN is INE037B01020.
Incorporated in 1985, Shardul Securities Ltd is engaged in Investment and Finance activities including Broking activities [1]
Shardul Securities Ltd. is primarily involved in investment banking, focusing on equity, debt investments, merchant banking, and brokerage services.
The company transitioned from lending to investment banking, acquiring SEBI registration as a category-I merchant banker as early as 1993.
Listed peers in Stockbroking & Allied: Pune e-Stock Broking Ltd, Almondz Global Securities Ltd, Rikhav Securities Ltd, Indbank Merchant Banking Services Ltd, DB (International) Stock Brokers Ltd, Keynote Financial Services Ltd.
Valuation & Returns
10 Jul 2026At ₹33.72 a share on 10 Jul 2026, Shardul Securities Ltd (SHARDUL) was valued at a price-to-earnings ratio of 12.73x against an industry P/E of 43.11x and a price-to-book of 0.42x on a book value of ₹80.46 per share as of Mar 2025. Solomo computes return on equity of 3.29% and return on capital employed of -5.23% from filed results. Earnings ratios use consolidated results for the twelve months Sep 2025 to Jun 2026.
- P/E
- 12.73x
- Industry P/E
- 43.11x
- P/B
- 0.42x
- EPS (TTM)
- ₹2.65
- Book value / share
- ₹80.46
- ROE
- 3.29%
- ROCE
- -5.23%
- ROA
- 3.14%
- Debt / equity
- 0.03x
- Dividend yield
- 0%
- EBITDA margin
- 33.59%
- 52-week range
- ₹20.14 – ₹58.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shardul Securities Ltd (SHARDUL) reported revenue of ₹16 crore, net profit of ₹-49 crore and earnings per share of ₹-5.62. That compares with revenue of ₹63 crore and net profit of ₹33 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹189 crore and net profit ₹143 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 15 | 13 | 173 | 63 | 16 |
| Net profit (₹ cr) | 10 | 2 | 98 | 33 | -49 |
| EPS (₹) | 1.1 | 0.25 | 11.18 | 3.77 | -5.62 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 59.13% | 61.89% | 54.75% | -63.86% |
| Profit growth | 18.05% | - | 40.06% | -66.27% |
| Stock price CAGR | 21% | 29% | 39% | 8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.85% of Shardul Securities Ltd (SHARDUL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.3%. Market capitalisation was ₹295 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Angular Trading Pvt Ltd 5.61%, Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 3.59%, Bhaskar Arvind Hingad 2.24%, Glenmord Commercial Services Pvt Ltd 1.14%, Reckon Trading Private Limited 1.06%, Dhanastra Finance And Investment Company Pvt Ltd 1.06%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.85% | - | 0.3% | - | 25.15% |
| Mar 2026 | 74.85% | - | 0.3% | - | 25.15% |
| Dec 2025 | 74.85% | - | 0.3% | - | 25.15% |
| Sep 2025 | 74.85% | - | 0.24% | - | 25.15% |
| Jun 2025 | 74.85% | - | - | - | 25.15% |
| Mar 2025 | 74.84% | - | - | - | 25.16% |
| Dec 2024 | 74.84% | - | - | - | 25.16% |
| Sep 2024 | 74.84% | - | - | - | 25.16% |