Income Statement Keynote Financial Services Limited

Stocks

KEYFINSERV

INE681C01015

Investment Management & Fund Operators

End-of-day quote NSE India S.E. 2026-10-05			5-day change	1st Jan Change
237.01 ^INR	-2.88%		+4.25%	-27.40%

08-14	Keynote Financial Services Limited announces Annual dividend, payable on October 28, 2026	CI
08-13	Keynote Financial Services Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

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Published financial data: KEYNOTE FINANCIAL SERVICES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Interest and Dividend Income, Total	19.82M	4.64M	10.4M	8.53M	14.37M
Interest Expense, Total	11.58M	589K	1.86M	3.4M	1.14M
Net Interest Income	8.25M	4.05M	8.54M	5.13M	13.23M
Brokerage Commission	29.81M	29.48M	42.78M	46.53M	44.08M
Trading and Principal Transactions	-	-	-	-	-
Underwriting & Investment Banking Fee	-	-	-	-	-
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	265M	124M	442M	251M	235M
Revenues Before Provison For Loan Losses	303M	158M	493M	303M	292M
Provision For Loan Losses	-998K	-247K	-9K	-85K	-
Total Revenues	304M	158M	493M	303M	292M
Salaries And Other Employee Benefits	52.45M	54.06M	59.72M	87.98M	105M
Cost of Services Provided, Total	10.34M	9.94M	20.18M	19.03M	18.65M
Depreciation & Amortization - (IS) - (Collected)	6.94M	6.3M	7.77M	9.14M	10.83M
Other Operating Expenses	48.06M	88.23M	50.72M	67.34M	62.34M
Total Operating Expenses	118M	159M	138M	183M	196M
Operating Income	187M	-542K	355M	119M	95.47M
Income (Loss) on Equity Invest.	-	808K	-10.16M	38.24M	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-1K	22K	-	-3.86M	950K
EBT, Excl. Unusual Items	187M	288K	345M	154M	96.42M
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	-3.54M
EBT, Incl. Unusual Items	187M	288K	345M	154M	92.87M
Income Tax Expense	25.86M	16.59M	76.86M	8.09M	26.28M
Earnings From Continuing Operations	161M	-16.3M	268M	146M	66.59M
Net Income to Company	161M	-16.3M	268M	146M	66.59M
Net Income - (IS)	161M	-16.3M	268M	146M	66.59M
Net Income to Common Incl Extra Items	161M	-16.3M	268M	146M	66.59M
Net Income to Common Excl. Extra Items	161M	-16.3M	268M	146M	66.59M
Per Share Items
Net EPS - Basic	28.89	-2.93	48.11	26.17	11.96
Basic EPS - Continuing Operations	28.89	-2.93	48.11	26.17	11.96
Basic Weighted Average Shares Outstanding	5.57M	5.57M	5.57M	5.57M	5.57M
Net EPS - Diluted	28.89	-2.93	48.11	26.17	11.96
Diluted EPS - Continuing Operations	28.89	-2.93	48.11	26.17	11.96
Diluted Weighted Average Shares Outstanding	5.57M	5.57M	5.57M	5.57M	5.57M
Normalized Basic EPS	20.96	0.03	38.7	17.27	10.82
Normalized Diluted EPS	20.96	0.03	38.7	17.27	10.82
Dividend Per Share	1	1	1	1	1
Payout Ratio	3.46	-34.15	2.08	3.82	8.36
Supplemental Items
Total Revenues (As Reported)	317M	160M	496M	307M	295M
Effective Tax Rate - (Ratio)	13.85	5.76K	22.3	5.26	28.3
Total Current Taxes	20.36M	12.63M	49.36M	28.65M	32.24M
Total Deferred Taxes	5.5M	3.96M	27.5M	-20.56M	-5.96M
Normalized Net Income	117M	180K	215M	96.12M	60.26M
Non-Cash Pension Expense	419K	437K	411K	314K	8.79M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	112M	31.31M	18.42M	24.4M	19.69M
Accounts Receivable, Total	24.15M	28.16M	93.43M	29.5M	25.6M
Other Receivables	242M	72.91M	72.17M	29.66M	362M
Gross Property Plant And Equipment	189M	202M	199M	213M	237M
Accumulated Depreciation	-26.48M	-32.8M	-37.12M	-42.37M	-51.7M
Net Property Plant And Equipment	163M	169M	162M	171M	186M
Goodwill	1.04M	1.04M	1.04M	2.59M	2.59M
Other Intangibles, Total	-	-	4.94M	3.71M	2.47M
Investment In Debt and Equity Securities	12.24M	80.03M	69.7M	98.92M	101M
Trading Asset Securities, Total	613M	518M	766M	917M	675M
Other Current Assets, Total	227M	101M	103M	102M	98.86M
Other Long-Term Assets, Total	349K	96.81M	109M	140M	120M
Total Assets	1.39B	1.1B	1.4B	1.52B	1.59B
Liabilities
Accounts Payable, Total	31.51M	20.81M	27.54M	43.68M	38.79M
Accrued Expenses, Total	11.88M	12.84M	29.75M	20.63M	14.53M
Short-Term Borrowings	271M	24.54M	6.69M	16M	41.19M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	79K	133K	18K	145K	131K
Long-Term Debt	-	-	-	-	-
Long-Term Leases	542K	81K	81K	208K	111K
Current Income Taxes Payable	5.86M	-	15.22M	-	-
Unearned Revenue, Current	12.94M	13.22M	3.31M	2.34M	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	4.02M	3.24M	8.68M	5.75M	3.33M
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	6.49M	5.58M	4.36M	5.78M	14.73M
Deferred Tax Liability Non-Current	35.99M	32.83M	60.29M	39.41M	33.46M
Other Non Current Liabilities	2.95M	3.54M	567K	55K	946K
Total Liabilities	383M	117M	157M	134M	147M
Common Stock, Total	55.67M	55.67M	55.67M	55.67M	55.67M
Additional Paid In Capital	240M	231M	231M	231M	231M
Retained Earnings	710M	695M	957M	1.1B	1.16B
Comprehensive Income and Other	-	-	-	1.55M	1.55M
Total Common Equity	1.01B	981M	1.24B	1.38B	1.45B
Minority Interest	6M	-	-	-	-
Total Equity	1.01B	981M	1.24B	1.38B	1.45B
Total Liabilities And Equity	1.39B	1.1B	1.4B	1.52B	1.59B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.57M	5.57M	5.57M	5.57M	5.57M
ECS Total Common Shares Outstanding	5.57M	5.57M	5.57M	5.57M	5.57M
Book Value / Share	180.63	176.26	223.27	248.6	259.7
Tangible Book Value	1B	980M	1.24B	1.38B	1.44B
Tangible Book Value Per Share	180.44	176.07	222.2	247.47	258.79
Total Debt	271M	24.76M	6.79M	16.36M	41.44M
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.49M	5.58M	4.36M	5.78M	14.73M
Net Debt	-454M	-524M	-778M	-925M	-653M
Full Time Employees	13	21	22	28	28
Accumulated Allowance for Doubtful Accounts (Supple)	1.81M	654K	1.19M	1.08M	635K

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	161M	-16.3M	268M	146M	66.59M
Depreciation, Depletion & Amortization	6.94M	6.3M	6.54M	7.91M	9.6M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	6.94M	6.3M	6.54M	7.91M	9.6M
Amortization of Deferred Charges, Total	-	-	1.24M	1.24M	1.24M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-134M	42.77M	-185M	-68.06M	42.69M
Provision for Credit Losses	-	-	-	-	-
Provision and Write-off of Bad Debts	-998K	-247K	-9K	-85K	1.18M
Change in Accounts Receivable	-19.21M	14.08M	-65.17M	64.91M	1.23M
Change In Inventories	525K	-499K	2.03M	-	-
Change in Accounts Payable	-13.15M	-10.61M	11.17M	14.17M	-7.12M
Change in Other Net Operating Assets (Collected)	-117M	177M	-13.74M	7.53M	-339M
Other Operating Activities	-10.34M	-5.68M	30.99M	-105M	-15.02M
Cash from Operations	-126M	207M	55.93M	68.01M	-239M
Capital Expenditure	-3.71M	-12.73M	-5.35M	-16.61M	-24.56M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	176M	-37.9M	-66.62M	-74.06M	201M
Other Investing Activities, Total	47.37M	23.09M	29.49M	31.48M	41.4M
Cash from Investing	219M	-27.54M	-42.48M	-59.2M	218M
Short Term Debt Issued, Total	-	-	-	9.32M	25.19M
Long-Term Debt Issued, Total	12.73M	-	-	-	-
Total Debt Issued	12.73M	-	-	9.32M	25.19M
Short Term Debt Repaid, Total	-	-246M	-17.85M	-	-
Long-Term Debt Repaid, Total	-248K	-	-	-	-
Total Debt Repaid	-248K	-246M	-17.85M	-	-
Common Dividends Paid	-5.57M	-5.57M	-5.57M	-5.57M	-5.57M
Common & Preferred Stock Dividends Paid	-5.57M	-5.57M	-5.57M	-5.57M	-5.57M
Other Financing Activities, Total	-11.83M	-8.55M	-2.91M	-7.25M	-3.22M
Cash from Financing	-4.92M	-260M	-26.33M	-3.5M	16.4M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-1K	-
Net Change in Cash	87.9M	-80.5M	-12.89M	5.31M	-4.04M
Supplemental Items
Cash Interest Paid	11.83M	2.55M	2.91M	7.25M	3.22M
Cash Income Tax Paid (Refund)	3.3M	3.11M	31.44M	50.74M	9.82M
Net Debt Issued / Repaid	12.48M	-246M	-17.85M	9.32M	25.19M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	12.37	-1.31	21.45	9.99	4.28
Return On Equity %	17.23	-1.64	24.09	11.09	4.71
Return on Common Equity	17.34	-1.64	24.09	11.09	4.71
Margin Analysis
Gross Profit Margin %	96.73	94.3	96.57	94.62	94.49
SG&A Margin	17.35	34.81	12.77	29.95	36.72
Income From Continuing Operations Margin %	52.82	-10.32	54.3	48.1	22.81
Net Income Margin %	52.82	-10.32	54.3	48.1	22.81
Net Avail. For Common Margin %	52.82	-10.32	54.3	48.1	22.81
Normalized Net Income Margin	38.32	0.11	43.68	31.73	20.64
Asset Turnover
Asset Turnover	0.23	0.13	0.4	0.21	0.19
Short Term Liquidity
Current Ratio	3.62	10.04	11.54	12.45	12.06
Quick Ratio	2.94	8.69	10.41	11.3	11.05
Operating Cash Flow to Current Liabilities	-0.38	2.77	0.61	0.77	-2.43
Long Term Solvency
Total Debt/Equity	26.81	2.52	0.55	1.18	2.87
Total Debt / Total Capital	21.14	2.46	0.54	1.17	2.79
LT Debt/Equity	0.05	0.01	0.01	0.02	0.01
Long-Term Debt / Total Capital	0.04	0.01	0.01	0.01	0.01
Total Liabilities / Total Assets	27.45	10.64	11.18	8.83	9.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.72	-48.11	212.2	-38.6	-3.36
Gross Profit, 1 Yr. Growth %	42.57	-49.41	219.71	-39.83	-3.48
Earnings From Cont. Operations, 1 Yr. Growth %	42.66	-110.14	-1.74K	-45.6	-54.3
Net Income, 1 Yr. Growth %	42.66	-110.14	-1.74K	-45.6	-54.3
Normalized Net Income, 1 Yr. Growth %	40.57	-99.85	120K	-55.39	-37.3
Diluted EPS Before Extra, 1 Yr. Growth %	42.66	-110.14	-1.74K	-45.6	-54.3
Common Equity, 1 Yr. Growth %	18.36	-2.42	26.67	11.35	4.46
Total Assets, 1 Yr. Growth %	15.58	-21.25	27.45	8.47	4.94
Tangible Book Value, 1 Yr. Growth %	18.39	-2.42	26.19	11.38	4.58
Cash From Operations, 1 Yr. Growth %	33.96	-263.86	-73.09	21.61	-450.74
Capital Expenditures, 1 Yr. Growth %	709.17	243.52	-57.88	210.41	47.84
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	76.5	-13.94	27.28	38.46	-23.07
Gross Profit, 2 Yr. CAGR %	81.62	-15.07	27.18	38.69	-23.9
Earnings From Cont. Operations, 2 Yr. CAGR %	95.14	-61.98	29.05	198.97	-50.14
Net Income, 2 Yr. CAGR %	95.14	-61.98	29.05	198.97	-50.14
Normalized Net Income, 2 Yr. CAGR %	106.92	-95.34	35.88	2.21K	-47.11
Diluted EPS Before Extra, 2 Yr. CAGR %	95.14	-61.98	29.05	198.97	-50.14
Common Equity, 2 Yr. CAGR %	17.15	7.47	11.18	18.76	7.85
Total Assets, 2 Yr. CAGR %	8.17	-4.6	0.18	17.58	6.69
Tangible Book Value, 2 Yr. CAGR %	17.17	7.48	10.97	18.55	7.92
Cash From Operations, 2 Yr. CAGR %	-12.19	48.16	-33.48	-42.8	106.53
Capital Expenditures, 2 Yr. CAGR %	397.48	427.23	20.16	14.35	114.22
Dividend Per Share, 2 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	35.6	17.36	32.23	-0.17	22.71
Gross Profit, 3 Yr. CAGR %	38.96	18.61	32.11	-0.9	22.79
Earnings From Cont. Operations, 3 Yr. CAGR %	147.3	-27.19	33.44	-3.24	59.86
Net Income, 3 Yr. CAGR %	147.3	-27.19	33.44	-3.24	59.86
Normalized Net Income, 3 Yr. CAGR %	176.25	-81.24	37.43	-6.26	594.36
Diluted EPS Before Extra, 3 Yr. CAGR %	147.29	-27.19	33.44	-3.24	59.86
Common Equity, 3 Yr. CAGR %	8.75	10.22	13.52	11.23	13.79
Total Assets, 3 Yr. CAGR %	9.05	-2.69	5.07	2.87	13.2
Tangible Book Value, 3 Yr. CAGR %	8.76	10.24	13.39	11.1	13.7
Cash From Operations, 3 Yr. CAGR %	43.9	8.1	-16	-18.67	4.7
Capital Expenditures, 3 Yr. CAGR %	-27.66	339.71	126.91	64.88	24.57
Dividend Per Share, 3 Yr. CAGR %	0	0	0	0	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.69	-2.91	32.21	25.38	6.47
Gross Profit, 5 Yr. CAGR %	6.56	-3.61	34.12	26.27	5.95
Earnings From Cont. Operations, 5 Yr. CAGR %	22.78	-22.18	90.65	28.1	-10
Net Income, 5 Yr. CAGR %	22.78	-22.18	90.65	28.1	-10
Normalized Net Income, 5 Yr. CAGR %	20.16	-67.36	107.99	28.67	-6.2
Diluted EPS Before Extra, 5 Yr. CAGR %	22.77	-22.18	90.65	28.1	-10
Common Equity, 5 Yr. CAGR %	6.87	4.93	9.72	13.56	11.22
Total Assets, 5 Yr. CAGR %	-1.51	0.89	5.41	4.96	5.72
Tangible Book Value, 5 Yr. CAGR %	6.88	4.94	9.64	13.49	11.17
Cash From Operations, 5 Yr. CAGR %	1.43	30.64	5.68	-16.14	20.38
Capital Expenditures, 5 Yr. CAGR %	36.4	90.14	-11.38	156.45	121.75
Dividend Per Share, 5 Yr. CAGR %	0	-16.74	0	0	0