Systematix Corporate Services Approves Quarterly Results; Nikhil Khandelwal Re-appointed as Managing Director
Systematix Corporate Services Limited released its unaudited financial results for the quarter ended June 30, 2026. The company also announced the re-appointment of Mr. Nikhil Khandelwal as a Managing Director. During their Board meeting held on August 7, 2026, the Directors approved the standalone and consolidated financial results and finalized key operational dates for the upcoming Annual General Meeting (AGM).The company’s management has also confirmed that it will conduct its next AGM on Tuesday, September 22, 2026, via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Register of Members will be closed from Wednesday, September 16, 2026, to Tuesday, September 22, 2026, for the purpose of the AGM and Dividend.
Key Appointments and Governance Updates
The Board meeting reviewed the reappointment of Mr. Nikhil Khandelwal as a Managing Director for three years, effective from September 01, 2026. Mr. Khandelwal holds a degree in management studies (MBA) from ISB, Hyderabad, and a Bachelor in Engineering (BE) from Manipal Institute of Technology (MIT). Previously, he worked as a Consumer sector analyst with IDFC SSKI Research, where he managed the Investment Banking business of Systematix, focusing on M&A, Private Equity, and Strategic Advisory.In other corporate updates:
- The company acquired equity shares in its Wholly Owned Subsidiary, M/s. Systematix Shares and Stocks (India) Limited, through a rights issue on April 13, 2026, for Rs. 35,00,07,200. This involved subscribing to 17,50,036 equity shares at an issue price of Rs. 200 per Equity Share.
- Divisha Alternative Investments LLP, a subsidiary, was struck off from the Register of LLP by the Registrar of Companies on July 21, 2026.
Financial Performance Highlights (Quarter Ended June 30, 2026)
The company’s financial results were reviewed by an independent auditor. The following tables present the key figures for both standalone and consolidated operations for the quarter ended June 30, 2026.Standalone Financial Results
| Particular | Q Ended 30/06/2026 (Unaudited) (' In lakhs) | Q Ended 31/03/2026 (Audited) (' In lakhs) | Q Ended 30/06/2025 (Unaudited) (' In lakhs) | Q Ended 31/03/2026 (Audited) (' In lakhs) |
|---|---|---|---|---|
| Total Income | 382.03 | 585.70 | 1808.71 | 7830.45 |
| Total Expenses | 1,087.18 | 350.34 | 446.51 | 1692.92 |
| Net Profit/(Loss) before Tax | (705.15) | (424.41) | 794.57 | 3404.91 |
| Profit/ (Loss) for Continuing Operations | (618.90) | (351.69) | 598.17 | 2502.09 |
| Earnings Per Share (Basic) | (0.45) | (0.26) | 0.44 | 1.83 |
Consolidated Financial Results and Segments
The consolidated results of the company, which include six subsidiaries such as Systematix Shares and Stocks (India) Limited and Urban Affordable Housing LLP, showed total income of 5,892.92 lakhs for the quarter ended June 30, 2026. Total expenses were reported at 6,200.76 lakhs, resulting in a net loss before tax & exceptional items of (307.84) lakhs. Profit/Loss from continuing operations stood at (489.39) lakhs.The segmental results offer granular insight into the operational performance:
| Segment | Net Income from Operations (Q Ended 30/06/2026) (' In lakhs) | Total Revenue (Q Ended 30/06/2026) (' In lakhs) | Total Assets (Q Ended 30/06/2026) (' In lakhs) |
|---|---|---|---|
| Merchant Banking & Related Activities | (652.24) | 382.03 | 11,176.67 |
| Financing and other Activities | 421.16 | 449.64 | 5,268.93 |
| Equity, Commodity, Currency and other Transactional Services | 51.65 | 5,086.07 | 53,321.96 |
***
Note: All financial figures are presented in lakhs unless otherwise specified.
SYSTMTXC Stock Price Movement
On Friday, Systematix Corporate Services Limited shares edged higher, closing at ₹60.5 after gaining 1.6% on the day. The stock saw modest activity during the session, with 7,676 shares recorded in trade.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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