Share India Securities Limited — Investor Meet, 02-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Share India Securities faced a tough year with Q4 revenue down 28-30% QoQ and FY25 revenue declining 19-23% YoY to INR1,449 Cr; PAT was INR328 Cr. The retail client base grew 30% YoY to 46,252, and the MTF book tripled to INR239 Cr, targeting INR1,000 Cr in three years. NBFC loans hold steady at ~INR260 Cr with improved secured loan mix. New offerings include PMS and AI-powered trading tools. Prop trading showed losses (~INR42 Cr in Q4) but is hedged; Q4 seen as the trough. The Silverleaf deal will boost EPS. Management is confident on growth from diversification and tech adoption.