Modern Shares & Stockbrokers Ltd (509760)
Q2 FY27 results
📅 Next results: 30 Oct 2026 (board meeting)Modern Shares & Stockbrokers Ltd's board meets on 30 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Modern Shares' revenue was ₹0.9 Cr (-12.4% year on year, +18.8% on the previous quarter), and net profit ₹0.1 Cr (-60.3% year on year); the operating margin was 9.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.9 | -12.4% | +18.8% |
| Operating profit | ₹0.1 | -57.8% | from loss |
| Net profit | ₹0.1 | -60.3% | from loss |
| EPS (₹) | 0.17 | -66.7% | from loss |
| Operating margin | 9.7% | — | — |
📢 Recent Corporate Announcements
Modern Shares & Stockbrokers Ltd has dispatched physical letters to shareholders whose email addresses are not registered, providing them with the web-link for the FY 2025-26 Integrated Annual Report. The company's 87th Annual General Meeting (AGM) is scheduled for September 08, 2026, at 11:30 AM via Video Conferencing. This is a standard regulatory compliance filing under SEBI (LODR) Regulations. The company remains a micro-cap entity with a market capitalization of Rs 11 Cr and TTM revenue of Rs 4 Cr.
- 87th Annual General Meeting scheduled for September 08, 2026, at 11:30 AM
- Letters dispatched to shareholders without registered email addresses as per Regulation 36(1)(b)
- Integrated Annual Report for FY 2025-26 made available via company website link
- Company reported FY26 revenue of Rs 3.59 Cr and net profit of Rs 0.2 Cr
Modern Shares & Stockbrokers Ltd (Market Cap: Rs 11 Cr) has scheduled its 87th Annual General Meeting for September 8, 2026. The meeting will address the adoption of FY26 audited financials, which show a marginal revenue of Rs 3.59 Cr and a net profit of Rs 0.20 Cr. A key special resolution involves the continuation of Mr. Pankaj Rajnikant Ved as Chairman beyond the age of 75. Related party transactions for FY26 included a salary of Rs 15.44 Lakhs to the Whole Time Director and Rs 3.00 Lakhs in rent, which are material relative to the company's small profit base.
- 87th Annual General Meeting scheduled for September 08, 2026, via Video Conferencing.
- Cut-off date for e-voting eligibility set for September 01, 2026.
- Special Resolution proposed for Chairman Pankaj Rajnikant Ved to continue past age 75 (attains age 75 on June 02, 2027).
- FY26 Revenue reported at Rs 3.59 Cr with a Net Profit of Rs 0.20 Cr.
- Whole Time Director Anil Manghnani received a salary of Rs 15.44 Lakhs in FY26.
Modern Shares & Stockbrokers has released its FY2025-26 Annual Report and scheduled its 87th Annual General Meeting for September 08, 2026. The company reported a stagnant financial performance with FY26 revenue of ₹3.59 crore and a net profit of ₹0.20 crore, down slightly from ₹0.22 crore in FY25. A key agenda item for the AGM is a special resolution to continue the chairmanship of Mr. Pankaj Rajnikant Ved beyond the age of 75. The company remains a micro-cap with a market capitalization of just ₹11 crore and low operational margins.
- FY26 Revenue reported at ₹3.59 crore compared to ₹3.71 crore in the previous fiscal year.
- Net Profit for FY26 stood at ₹0.20 crore, resulting in an EPS of ₹0.68.
- 87th AGM scheduled for September 08, 2026, with a cut-off date for e-voting set as September 01, 2026.
- Whole-time Director salary for Mr. Anil Manghnani was ₹15.44 lakhs, representing approximately 77% of the company's annual net profit.
- Special resolution proposed for Chairman Pankaj Rajnikant Ved to continue in his role after attaining age 75 on June 02, 2027.
Modern Shares & Stockbrokers reported a net profit of ₹5.95 Lakhs for Q1 FY27, a 60% decline compared to ₹14.90 Lakhs in the same quarter last year. Revenue from operations fell 12.5% YoY to ₹86.71 Lakhs, primarily driven by a drop in brokerage and commission income. Despite the YoY decline, the company returned to profitability after a loss of ₹6.20 Lakhs in the preceding March 2026 quarter. The company remains engaged in a long-standing legal dispute with Bata India Limited over property mesne profits, currently pending in the Bombay High Court.
- Net Profit stood at ₹5.95 Lakhs for the quarter ended June 30, 2026, vs ₹14.90 Lakhs YoY.
- Total Revenue from operations decreased to ₹86.71 Lakhs from ₹99.05 Lakhs in the year-ago period.
- Brokerage and Commission income, the core business driver, fell 18.7% YoY to ₹59.86 Lakhs.
- Employee benefit expenses accounted for a significant portion of costs at ₹41.74 Lakhs.
- Ongoing litigation against Bata India Limited regarding mesne profits remains pending in the Hon'ble High Court of Bombay.
Modern Shares & Stockbrokers Ltd has scheduled a board meeting for July 28, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing under Regulation 29 of the SEBI Listing Regulations. The company also confirmed that the trading window for insiders has been closed since July 1, 2026, and will remain so until 48 hours after the results are public. The stock has seen a significant 26.8% decline over the past 12 months, making the upcoming results critical for assessing performance recovery.
- Board meeting scheduled for July 28, 2026, to review Q1 FY2026-27 results
- Trading window for insiders closed from July 1, 2026
- Results pertain to the three-month period ended June 30, 2026
- Stock price has declined 26.8% over the last 12 months as of July 14, 2026
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