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Khandwala Securities (KHANDSE) is loss-making over the last 12 months, losing ₹0.25 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹16.91, 34% below its 52-week high. Sales grew 8.0% a year over 3 years. Debt is 0.12× equity. It is a small-cap company with a market cap of ₹26 Cr, ranked 144th of 219 Capital Markets companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹17.55
Day high
₹17.55
Day low
₹16.53
Prev. close
₹16.93
Volume
1.8K

Health check

6 to check
  • ReturnsBehind

    −27.4% over a year, better than 0 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthUnder pressure

    Sales +8.0% a year over 3 years, but loss-making now.

  • ProfitabilityNegative

    ROCE -3.5% vs peer median 22.1%.

  • Balance sheetStretched

    Debt 0.12× equity, operating profit doesn’t cover interest, Piotroski 2 of 9.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Capital Markets

218 listed peers. Screen the industry

Small cap

₹26 Cr, #144 of 219 in its industry by size.

Defensive

Beta 0.58 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹11 Cr · profit ₹−0 Cr
Market cap
₹26 Cr
Small cap
P/E
n/a
Industry 18.4
Price to book
0.90
Peers 4.53
Dividend yield
0.00%
ROE
−0.9%
Peers 18.9%
ROCE
−3.5%
Peers 22.1%
Debt to equity
0.12
Debt ₹3.54 Cr
EPS (TTM)
−₹0.17
Face value ₹10
OPM (TTM)
−14.0%
Net margin −2.4%
Sales growth
+9.0%
Latest quarter vs a year ago
Profit growth
+143.3%
Latest quarter vs a year ago
Price to sales
2.42

Strengths and risks

Strengths

  • Quarterly profit up 143.3% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −0.9%.
  • 34% below its 52-week high.
  • Interest coverage of only −9.8×.

Derived automatically from reported figures. Not a recommendation.

About Khandwala Securities

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…

Headquarters
Mumbai
Employees
43
Sector
Financial Services
ISIN
INE060B01014
Website
kslindia.com

Price range

52 weeks

₹12.20₹25.50

Today

₹16.53₹17.55
Avg volume (3M)
2.8K
1-year return
minus 27.4%
From 52-week high
minus 33.7%

Peers · Capital Markets

Compare with peersScreen the whole industry
Company
GROWWBillionbrains Garage Ventures215.08minus 3.93%1,33,58550.313.7829.3%21.6%62.9%––0.00%plus 63.8%
MOTILALOFSMotilal Oswal Financial Services1,102.00plus 0.64%66,44825.04.2718.1%18.9%52.4%29.0%26.1%0.54%plus 11.1%
AIILAuthum Investment & Infrastructure570.05plus 0.08%48,41027.63.2915.2%13.1%74.0%44.4%−23.5%0.00%minus 0.7%
ANGELONEAngel One331.00plus 1.49%30,29026.84.5326.9%18.4%39.7%20.3%0.9%1.95%plus 29.5%
CDSLCentral Depository Services (India)1,331.40minus 0.19%27,82655.114.0329.7%26.4%51.3%27.3%18.2%0.96%minus 13.3%
CHOICEINChoice International748.20minus 0.09%16,66862.98.9017.6%15.8%35.3%42.2%53.6%0.00%minus 7.4%
IIFLCAPSIIFL Capital Services349.80plus 0.13%13,03618.83.1522.1%19.5%36.1%19.9%30.9%0.86%plus 4.1%
KHANDSEKhandwala Securities16.91minus 0.12%26–0.90−3.5%−0.9%−18.6%8.0%–0.00%minus 27.4%
Median of 7 peers–0.08%30,29027.64.5322.1%18.9%51.3%28.2%22.2%0.54%4.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
3.41.12.32.33.7
3.22.13.12.43.2
0.2−1−0.8−0.10.5
5.0%−95.4%−32.9%−3.7%14.6%
0.20.70.40.30.2
0.10.10.10.10.1
0.10.10.10.10.1
0.2−0.5−0.50.10.6
0.0%0.5%2.4%2.1%−0.4%
0.2−0.5−0.40.10.6
0.16-0.32-0.290.060.39

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+8.0%
ROE
−0.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6.38.59.67.9
–+35.9%+12.1%minus 17.2%
5.47.810.410
0.90.7−0.8−2.1
14.7%8.1%−8.6%−27.0%
0.210.71.4
0.30.20.10.2
0.30.30.30.3
0−10.7−0.1
0.50.20.2−1.3
10.8%−6.2%456.4%1.1%
0.40.2−0.8−1.3
–minus 60.8%minus 560.3%–
0.290.11-0.52-0.83

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
15.315.315.315.3
14.214.413.612.5
2.61.51.53.1
11.416.412.99.8
43.647.643.340.6
5.25.31.51.5
42.41313
6.53.51.41.3
27.836.427.424.8
43.647.643.340.6

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−7.2−1.74−2
−1.5−1.2−3.90.6
8.4−0.10.3−0.5
−0.3−30.4−1.9
−0.6−0.4–−0.2
−7.8−2.14−2.3

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you