Safecure Services Ltd (544596)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Safecure Services' revenue was ₹33.4 Cr (-25.4% year on year, -0.5% on the previous half-year), and net profit ₹2.6 Cr (-30.7% year on year); the operating margin was 15.8%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹33.4 | -25.4% | -0.5% |
| Operating profit | ₹5.3 | -26.9% | -14.3% |
| Net profit | ₹2.6 | -30.7% | -24.7% |
| EPS (₹) | 2.58 | -51.4% | -47.2% |
| Operating margin | 15.8% | — | — |
📢 Recent Corporate Announcements
Safecure Services responded to BSE's inquiry dated September 29, 2026, regarding significant movement in the company's share price. The company confirmed that it has disclosed all material information in accordance with Regulation 30 of SEBI LODR Regulations and has no pending price-sensitive information. Management stated that the price volatility is purely driven by market conditions and not connected to any insider actions. The company reported FY26 annual revenue of Rs 66.88 crore and net profit of Rs 6.01 crore.
- Clarification issued in response to BSE query received on September 29, 2026
- Confirmed zero pending undisclosed price-sensitive information under Regulation 30
- Stated share price movement is purely market-driven with no management connection
- Company registered FY26 revenue of Rs 66.88 crore and net profit of Rs 6.01 crore
Safecure Services Limited has appointed Mr. Subir K. Verma (DIN: 02165836) as an Additional Director (Independent and Non-Executive) effective August 31, 2026. He will hold office until the company's ensuing Annual General Meeting. Mr. Verma brings approximately 24 years of experience across financial services, structured finance, credit policy, and FMCG, and currently serves as CEO & Founder of Adhyaksh Capital since 2018. The appointment involves no familial or personal relationships with existing directors.
- Appointment of Mr. Subir K. Verma as Additional Director (Independent, Non-Executive) approved on August 31, 2026
- Appointee holds approximately 24 years of experience across financial services, insurance, and FMCG
- Founder and CEO of Adhyaksh Capital since 2018
- Tenure effective August 31, 2026 up to the ensuing Annual General Meeting
Safecure Services Limited has scheduled its 14th Annual General Meeting (AGM) for Friday, September 25, 2026, at 11:00 AM IST. The company announced a book closure period from September 21, 2026, to September 24, 2026, for the AGM. Additionally, the Board approved the appointment of Mr. Subir Kumar Verma as an Additional Independent Director effective August 31, 2026. Mr. Verma brings roughly 24 years of experience across financial services, insurance, and retail finance.
- 14th AGM convened for Friday, September 25, 2026, at 11:00 AM IST
- Register of Members closed from September 21, 2026, to September 24, 2026
- Appointment of Mr. Subir Kumar Verma as Additional Independent Director effective August 31, 2026
- KNK & Co LLP appointed as Scrutinizer for the AGM e-voting process
Safecure Services Limited has secured service contracts from financial services entities within the Bajaj Group and the Poonawalla Group. The company did not disclose the monetary value of the contracts, stating they are not considered a material financial event in isolation. Management highlighted that onboarding large, established corporate clients supports customer base diversification and operational credibility. For context, Safecure reported FY26 revenue of ₹66.88 cr and TTM revenue of ₹140 cr.
- Received service contracts from entities under the Bajaj Group and Poonawalla Group
- Contract financial value was not disclosed in the filing
- Company clarified that the orders in isolation do not represent a material financial event
- Focus is on client diversification and expanding relationships with large financial services institutions
Safecure Services has appointed Mr. Nikit Shailendra Pandey as Chief Financial Officer (CFO) effective August 04, 2026. Mr. Nikit is the son of the Managing Director and is currently a Whole Time Director; notably, he is still pursuing his Bachelor of Business Administration (BBA), having completed his first year in 2023. The company, which reported a TTM revenue of ₹140 Cr and PAT of ₹12 Cr, also appointed M/s. KNK & Co. LLP as Secretarial Auditors for FY 2026-27. This management change places a key managerial role under a promoter-family member with limited formal financial qualifications.
- Mr. Nikit Shailendra Pandey appointed as CFO effective August 04, 2026, while continuing as Whole Time Director.
- The new CFO is currently a student pursuing a BBA degree, having passed the first year (Semester II) in 2023.
- Mr. Nikit has 4 years of experience in operations and sales within the company since February 2021.
- M/s. KNK & Co. LLP appointed as Secretarial Auditors for the financial year 2026-27.
- The appointee is the son of the Managing Director and another Director on the board.
Safecure Services Limited has appointed Mr. Nikit Shailendra Pandey as the Chief Financial Officer (CFO) effective August 04, 2026. Mr. Pandey, the son of the Managing Director, is currently a Whole Time Director and is pursuing a Bachelor of Business Administration (BBA) degree, having completed his first year in 2023. Additionally, the board has appointed M/s. KNK & Co. LLP as Secretarial Auditors for the financial year 2026-27. These appointments come as the company reports a TTM revenue of ₹140 Cr and a PAT of ₹12 Cr.
- Appointment of Mr. Nikit Shailendra Pandey as CFO effective August 04, 2026.
- The new CFO has 4 years of experience in operations and sales within the company since February 2021.
- The appointee is currently an undergraduate student, having passed his BBA Semester II in 2023.
- M/s. KNK & Co. LLP appointed as Secretarial Auditors for the 2026-2027 financial year.
- The CFO is the son of the Managing Director and another Director, maintaining strong promoter control (66.14% holding).
Safecure Services Ltd has announced the resignation of its Chief Financial Officer (CFO), Mr. Revati Raman Sharma, effective from the close of business hours on July 19, 2026. The resignation is attributed to personal reasons and the pursuit of new professional opportunities. As a company with a TTM revenue of ‡140 Cr and a PAT of ‡12 Cr, the CFO is a critical Key Managerial Personnel (KMP). The company has not yet announced a successor for the role.
- CFO Revati Raman Sharma resigned effective July 19, 2026
- Company reported TTM revenue of ‡140 Cr and TTM PAT of ‡12 Cr
- Net profit for the quarter ended March 2026 stood at ‡2.59 Cr
- Promoter holding remains steady at 66.14% as of June 2026
- Resignation cited as being for personal reasons and new professional opportunities
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