KHANDWALA SECURITIES LTD (KHANDSE) financials

KHANDWALA SECURITIES LTD (KHANDSE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1993, Khandwala Securities Ltd is in the business of offering capital market services.[1]

Market Cap: ₹24.6Cr.
Current Price: ₹16.1
ROE: -4.39%
ROCE: -3.39%
Book Value: ₹18.6
Dividend Yield: 0.00%
52W High / Low: ₹25.6/12.2

In Jun 2026, KHANDWALA SECURITIES LTD (KHANDSE) reported sales ₹2.27 Cr and net profit ₹0.08 Cr.

Annual TTM: sales ₹9.03 Cr, net profit ₹-0.61 Cr.

Shareholding: Promoters 48.85% (Sep 2026), Public 51.15% (Sep 2026), No. of Shareholders 4,580% (Sep 2026).

KHANDSE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	3.14	2.70	1.18	1.14	3.40	1.06	2.30	2.27
Expenses	7.64	2.44	2.41	1.78	3.23	2.07	3.06	2.35
Operating Profit	-4.50	0.26	-1.23	-0.64	0.17	-1.01	-0.76	-0.08
OPM %	-143.31%	9.63%	-104.24%	-56.14%	5.00%	-95.28%	-33.04%	-3.52%
Other Income	4.81	0.35	0.37	0.16	0.21	0.66	0.44	0.32
Interest	0.02	0.01	0.03	0.04	0.06	0.06	0.07	0.08
Depreciation	0.07	0.07	0.11	0.07	0.08	0.08	0.06	0.07
Profit before tax	0.22	0.53	-1.00	-0.59	0.24	-0.49	-0.45	0.09
Tax %	-4.55%	-1.89%	105.00%	0.00%	0.00%	0.00%	-2.22%	0.00%
Net Profit	0.24	0.54	-2.05	-0.59	0.24	-0.49	-0.44	0.08
EPS in Rs	0.16	0.35	-1.34	-0.39	0.16	-0.32	-0.29	0.05
Raw PDF	—	—	—	—	—	—	—	—

KHANDSE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2.87	3.74	6.23	6.45	8.70	10.29	8.76	9.03
Expenses	6.15	4.45	5.29	5.36	7.95	14.45	10.12	10.71
Operating Profit	-3.28	-0.71	0.94	1.09	0.75	-4.16	-1.36	-1.68
OPM %	-114.29%	-18.98%	15.09%	16.90%	8.62%	-40.43%	-15.53%	-18.60%
Other Income	0.75	0.03	0.12	0.04	0.00	4.84	0.59	1.63
Interest	0.82	0.74	0.71	0.34	0.27	0.11	0.23	0.27
Depreciation	0.28	0.28	0.29	0.29	0.31	0.34	0.29	0.29
Profit before tax	-3.63	-1.70	0.06	0.50	0.17	0.23	-1.29	-0.61
Tax %	-1.10%	-2.94%	-100.00%	10.00%	-5.88%	447.83%	-0.78%	—
Net Profit	-3.59	-1.65	0.12	0.44	0.17	-0.80	-1.27	-0.61
EPS in Rs	-3.01	-1.38	0.10	0.29	0.11	-0.52	-0.83	-0.40
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

KHANDSE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11.94	11.94	11.94	11.94	15.25	15.25	15.25	15.25
Reserves	13.90	10.31	8.64	8.79	14.87	15.05	14.26	13.12
Borrowings	6.39	7.74	6.94	6.47	2.64	1.55	1.50	3.07
Other Liabilities	15.25	10.53	14.47	20.69	11.44	16.38	12.93	9.77
Total Liabilities	47.48	40.52	41.99	47.89	44.20	48.23	43.94	41.21
Fixed Assets	5.81	5.60	5.45	5.20	5.49	5.54	1.65	1.58
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	4.15	4.55	4.41	3.99	5.42	6.44	4.70	4.55
Other Assets	37.52	30.37	32.13	38.70	33.29	36.25	37.59	35.08
Total Assets	47.48	40.52	41.99	47.89	44.20	48.23	43.94	41.21

KHANDSE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	3.59	-3.55	-0.21	3.30	-7.24	-1.75	4.03	-2.04
Cash from Investing Activity	2.00	-0.40	0.18	0.50	-1.51	-1.17	-3.94	0.64
Cash from Financing Activity	1.32	0.53	-1.54	-1.19	8.40	-0.09	0.29	-0.50
Net Cash Flow	6.90	-3.42	-1.57	2.62	-0.34	-3.01	0.37	-1.91
Free Cash Flow	6.04	-3.62	-0.34	3.27	-7.83	-2.11	7.57	-2.25
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	-199%	108%	30%	351%	-664%	-233%	-97%	150%

KHANDSE shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	48.14%	48.25%	48.27%	48.27%	48.30%	48.73%	48.78%	48.85%
Public	51.85%	51.75%	51.73%	51.73%	51.70%	51.26%	51.22%	51.15%
No. of Shareholders	4,577	4,647	4,614	4,561	4,604	4,571	4,604	4,580

KHANDSE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	893.45	1,194.20	667.54	275.36	443.09	278.99	137.27	167.08
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	893.45	1,194.20	667.54	275.36	443.09	278.99	137.27	167.08
Working Capital Days	-586.61	-86.48	-685.11	-606.38	184.48	-142.64	-238.01	-137.92
ROCE %	-4.62%	-9.03%	-3.34%	2.81%	2.80%	1.36%	-14.22%	-3.39%

KHANDSEUpdated 18 Oct 2026, 6:58

Khandwala Securities Ltd

KHANDSEUpdated 18 Oct 2026, 6:58

Market Cap

₹24.6Cr.

Current Price

₹16.1

High / Low

₹25.6/12.2

ROE-4.39%

ROCE-3.39%

Book Value₹18.6

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1993, Khandwala Securities Ltd is in the business of offering capital market services.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	1.93	0.06	1.73	0.05	0.05	0.14	0	0.14	0.09
Sep 2023	1.6	0.1	1.36	0.04	0.07	0.11	0	0.11	0.07
Dec 2023	2.16	0.06	1.81	0.04	0.08	0.25	-4	0.27	0.18
Mar 2024	2.83	0.05	3.05	0.05	0.12	-0.34	0	-0.34	-0.22
Jun 2024	2.52	0.05	1.97	0.06	0.1	0.46	-2.17	0.48	0.31
Sep 2024	3.14	0.02	7.64	4.81	0.07	0.22	-4.55	0.24	0.16
Dec 2024	2.7	0.01	2.44	0.35	0.07	0.53	-1.89	0.54	0.35
Mar 2025	1.18	0.03	2.41	0.37	0.11	-1	105	-2.05	-1.34
Jun 2025	1.14	0.04	1.78	0.16	0.07	-0.59	0	-0.59	-0.39
Sep 2025	3.4	0.06	3.23	0.21	0.08	0.24	0	0.24	0.16
Dec 2025	1.06	0.06	2.07	0.66	0.08	-0.49	0	-0.49	-0.32
Mar 2026	2.3	0.07	3.06	0.44	0.06	-0.45	-2.22	-0.44	-0.29
Jun 2026	2.27	0.08	2.35	0.32	0.07	0.09	0	0.08	0.05

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	4.92	0.53	3.75	0.15	0.61	0.18	-38.89	0.25	0.21
Mar 2016	3.42	0.32	3.6	0.07	0.29	-0.72	-1.39	-0.7	-0.59
Mar 2017	4.14	0.35	4.91	0.82	0.3	-0.6	1.67	-0.61	-0.51
Mar 2018	3.81	0.28	4.03	0.03	0.29	-0.76	-1.32	-0.75	-0.63
Mar 2019	3.64	0.23	5.44	2.46	0.28	0.15	-26.67	0.19	0.16
Mar 2020	2.87	0.82	6.15	0.75	0.28	-3.63	-1.1	-3.59	-3.01
Mar 2021	3.74	0.74	4.45	0.03	0.28	-1.7	-2.94	-1.65	-1.38
Mar 2022	6.23	0.71	5.29	0.12	0.29	0.06	-100	0.12	0.1
Mar 2023	6.45	0.34	5.36	0.04	0.29	0.5	10	0.44	0.29
Mar 2024	8.7	0.27	7.95	0	0.31	0.17	-5.88	0.17	0.11
Mar 2025	10.29	0.11	14.45	4.84	0.34	0.23	447.83	-0.8	-0.52
Mar 2026	8.76	0.23	10.12	0.59	0.29	-1.29	-0.78	-1.27	-0.83
TTM	9.03	0.27	10.71	1.63	0.29	-0.61	—	-0.61	-0.4

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	48.85%
Public	51.15%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Dec 2023	47.76%	52.24%
Mar 2024	47.76%	52.24%
Jun 2024	47.97%	52.04%
Sep 2024	47.98%	52.02%
Dec 2024	48.14%	51.85%
Mar 2025	48.25%	51.75%
Jun 2025	48.27%	51.73%
Sep 2025	48.27%	51.73%
Dec 2025	48.3%	51.7%
Mar 2026	48.73%	51.26%
Jun 2026	48.78%	51.22%
Sep 2026	48.85%	51.15%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	11.94	15.84	4.83	6.77	39.38	6.98	3.4	29	39.38
Mar 2016	11.94	15.14	5.08	8.54	40.7	7.18	3.4	30.12	40.7
Mar 2017	11.94	14.53	4.92	7.82	39.21	6.96	3.4	28.85	39.21
Mar 2018	11.94	13.78	4.84	10.3	40.86	6.71	3.4	30.75	40.86
Mar 2019	11.94	13.9	6.39	15.25	47.48	5.81	4.15	37.52	47.48
Mar 2020	11.94	10.31	7.74	10.53	40.52	5.6	4.55	30.37	40.52
Mar 2021	11.94	8.64	6.94	14.47	41.99	5.45	4.41	32.13	41.99
Mar 2022	11.94	8.79	6.47	20.69	47.89	5.2	3.99	38.7	47.89
Mar 2023	15.25	14.87	2.64	11.44	44.2	5.49	5.42	33.29	44.2
Mar 2024	15.25	15.05	1.55	16.38	48.23	5.54	6.44	36.25	48.23
Mar 2025	15.25	14.26	1.5	12.93	43.94	1.65	4.7	37.59	43.94
Mar 2026	15.25	13.12	3.07	9.77	41.21	1.58	4.55	35.08	41.21

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-0.13	0.45	-2.89	-2.56
Mar 2016	3.9	-0.16	0.04	3.79
Mar 2017	-1.35	0.28	-0.5	-1.57
Mar 2018	0.4	0.21	-0.36	0.26
Mar 2019	3.59	2	1.32	6.9
Mar 2020	-3.55	-0.4	0.53	-3.42
Mar 2021	-0.21	0.18	-1.54	-1.57
Mar 2022	3.3	0.5	-1.19	2.62
Mar 2023	-7.24	-1.51	8.4	-0.34
Mar 2024	-1.75	-1.17	-0.09	-3.01
Mar 2025	4.03	-3.94	0.29	0.37
Mar 2026	-2.04	0.64	-0.5	-1.91

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	889.50	1,044.84	864.89	875.62	893.45	1,194.20	667.54	275.36	443.09	278.99	137.27	167.08
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	889.50	1,044.84	864.89	875.62	893.45	1,194.20	667.54	275.36	443.09	278.99	137.27	167.08
Working Capital Days	504.47	298.83	379.99	213.64	-586.61	-86.48	-685.11	-606.38	184.48	-142.64	-238.01	-137.92
ROCE %	2.11%	-1.24%	-0.79%	-1.55%	-4.62%	-9.03%	-3.34%	2.81%	2.80%	1.36%	-14.22%	-3.39%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of KHANDWALA SECURITIES LTD (KHANDSE)?

The reported market capitalisation for KHANDWALA SECURITIES LTD (KHANDSE) is ₹24.6Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of KHANDSE?

The current price shown for KHANDWALA SECURITIES LTD (KHANDSE) on Fincrux is ₹16.1 with a 52-week high/low of ₹25.6/12.2.

What were KHANDSE latest quarterly results?

For Jun 2026, KHANDWALA SECURITIES LTD (KHANDSE) reported sales ₹2.27 Cr and net profit ₹0.08 Cr (figures in ₹ crore unless noted).

What are KHANDSE annual sales and net profit?

For TTM, KHANDWALA SECURITIES LTD (KHANDSE) shows sales of ₹9.03 Cr and net profit of ₹-0.61 Cr on the Fincrux profit & loss statement.

Who owns KHANDWALA SECURITIES LTD (KHANDSE)?

Latest shareholding for KHANDWALA SECURITIES LTD (KHANDSE) on Fincrux: Promoters 48.85% (Sep 2026), Public 51.15% (Sep 2026), No. of Shareholders 4,580% (Sep 2026).

Where can I find KHANDWALA SECURITIES LTD (KHANDSE) financials?

KHANDWALA SECURITIES LTD (KHANDSE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show KHANDSE balance sheet and cash flow?

Yes. The KHANDWALA SECURITIES LTD (KHANDSE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 6:58