Quest Capital Markets (BSE 500069)₹234.00−0.26%Other Capital Market related Services
In the Mar 2026 quarter (standalone), Quest Capital Markets reported sales of ₹1 Cr, down 95.5% from Mar 2025, and net profit of ₹0.52 Cr, down 97.0% year on year. For the year to Mar 2026, sales were ₹31.13 Cr and net profit ₹23.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.43 | 1.40 | 1.38 | 22.38 | 1.45 | 1.55 | 0.68 | 22.25 | 2.18 | 1.17 | 27.13 | 1.00 |
| Expenses | 0.09 | 0.16 | 0.09 | 0.17 | 0.10 | 0.11 | 0.09 | 0.28 | 0.12 | 0.13 | 0.19 | 0.25 |
| Operating Profit | 1.31 | 1.21 | 1.26 | 22.01 | 1.32 | 1.41 | 0.56 | 21.79 | 2.03 | 1.01 | 26.75 | 0.72 |
| OPM % | 92.9% | 87.7% | 92.6% | 99.1% | 92.3% | 92.2% | 85.0% | 98.6% | 94.0% | 87.9% | 99.2% | 73.7% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.15 | 0.13 | 0.00 | −0.06 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.33 | 1.23 | 1.28 | 22.28 | 1.48 | 1.43 | 0.51 | 22.01 | 2.06 | 1.03 | 26.86 | 0.74 |
| Tax % | 25.0% | 25.4% | 25.9% | 22.2% | 20.4% | 24.6% | 38.0% | 22.2% | 25.3% | 25.4% | 22.8% | 27.3% |
| Net Profit | 0.98 | 0.90 | 0.93 | 17.30 | 1.16 | 1.05 | 0.29 | 17.07 | 1.53 | 0.75 | 20.68 | 0.52 |
| EPS (Rs) | 0.98 | 0.90 | 0.93 | 17.29 | 1.16 | 1.05 | 0.29 | 17.08 | 1.53 | 0.75 | 20.67 | 0.52 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.03 | 15.07 | 12.04 | 17.07 | 18.07 | 46.16 | 39.18 | 32.11 | 26.12 | 26.10 | 31.13 | 31.48 |
| Expenses | 1.99 | 2.99 | 8.97 | 3.98 | 8.97 | 24.91 | 9.96 | 7.97 | 0.99 | 0.99 | 0.99 | 0.69 |
| Operating Profit | 6.97 | 10.96 | 3.99 | 12.95 | 8.97 | 20.92 | 28.91 | 23.93 | 25.89 | 24.89 | 30.87 | 30.51 |
| OPM % | 81.0% | 77.9% | 29.0% | 75.9% | 51.0% | 44.9% | 74.0% | 74.0% | 98.0% | 97.9% | 98.0% | 96.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 6.01 | 11.01 | 3.01 | 13.01 | 9.01 | 20.01 | 29.03 | 24.03 | 26.02 | 25.02 | 31.04 | 30.69 |
| Tax % | 2.0% | 13.9% | 17.0% | 0.0% | 5.0% | 27.0% | 24.0% | 21.0% | 23.0% | 23.0% | 22.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 5.99 | 8.99 | 2.99 | 12.99 | 8.99 | 14.98 | 21.98 | 18.99 | 19.99 | 19.98 | 23.99 | 23.48 |
| EPS (Rs) | 6.13 | 9.27 | 2.88 | 12.60 | 8.76 | 14.88 | 21.95 | 18.83 | 20.13 | 19.62 | 23.51 | 23.47 |
| Dividend payout % | 15.9% | 15.9% | 51.9% | 16.0% | 28.9% | 17.0% | 11.0% | 12.9% | 11.9% | 12.9% | 10.9% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.99 | 9.98 | 9.99 | 10.00 | 10.02 | 9.99 | 9.99 | 9.99 | 10.02 | 10.00 | 10.02 | 10.00 |
| Reserves | 33.94 | 37.94 | 45.93 | 46.97 | 438 | 221 | 472 | 806 | 663 | 975 | 1,312 | 1,040 |
| Borrowings | 18.08 | 15.03 | 19.06 | 15.06 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 8.02 | 1.00 | 2.01 | 3.01 | 3.01 | 1.01 | 11.05 | 41.20 | 25.12 | 49.24 | 118 | 68.32 |
| Total Liabilities | 70.03 | 64.95 | 76.99 | 75.04 | 453 | 232 | 493 | 857 | 698 | 1,035 | 1,440 | 1,117 |
| Fixed Assets | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 33.97 | 34.95 | 34.96 | 30.96 | 399 | 177 | 412 | 754 | 630 | 962 | 1,417 | 1,110 |
| Other Assets | 35.06 | 30.01 | 42.03 | 44.08 | 55.09 | 54.07 | 80.11 | 103 | 68.07 | 73.14 | 23.05 | 7.01 |
| Inventories | 0.14 | 0.14 | 0.14 | 0.27 | 2.66 | 2.59 | 7.51 | 7.66 | 0.11 | 0.11 | 0.11 | 0.11 |
| Trade receivables | 0.00 | 0.00 | 0.53 | 1.67 | 0.35 | 0.33 | 0.21 | 0.08 | 0.06 | 0.00 | 0.00 | 0.00 |
| Cash & equivalents | 1.71 | 1.74 | 3.85 | 6.11 | 12.52 | 7.89 | 30.95 | 22.98 | 4.25 | 29.78 | 22.80 | 6.88 |
| Total Assets | 70.03 | 64.95 | 76.99 | 75.04 | 453 | 232 | 493 | 857 | 698 | 1,035 | 1,440 | 1,117 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −3.01 | −9.02 | −1.01 | 2.01 | −5.01 | −3.01 | −4.01 | −30.08 | 15.03 | 19.03 | 38.10 | −7.01 |
| Cash from investing activity | −4.01 | 3.01 | 9.02 | 4.01 | 11.02 | 5.01 | 27.05 | 5.01 | −12.02 | −17.04 | −36.06 | 14.03 |
| Cash from financing activity | 6.01 | 6.01 | −6.01 | −3.01 | 0.00 | −7.01 | 0.00 | −2.01 | −2.01 | −2.01 | −2.01 | −2.01 |
| Net cash flow | 0.00 | 0.00 | 1.99 | 1.99 | 5.98 | −4.99 | 22.92 | −26.91 | 0.00 | −0.99 | 0.00 | 4.99 |
| Capex | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −3.01 | −10.01 | −1.01 | 2.01 | −5.01 | −4.01 | −4.01 | −29.03 | 15.02 | 19.02 | 38.03 | −7.01 |
| CFO / OP % | −50.1% | −128.0% | 1.0% | 25.0% | −31.0% | −29.0% | 3.0% | −83.0% | 82.9% | 96.9% | 174.0% | −3.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 0 | 0 | 12 | 48 | 6 | 5 | 1 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | — | — | — | 21 | — | 179 | 124 | 371 | 5 | — | — | — |
| Days payable | — | — | — | 89 | — | 12 | 4 | 14 | 4 | — | — | — |
| Cash conversion cycle | 0 | 0 | 12 | −22 | 6 | 171 | 120 | 356 | 0 | 0 | 0 | 0 |
| Working capital days | −6 | 123 | 224 | 311 | 214 | 222 | 60 | 65 | −3 | −3 | −4 | −3 |
| ROCE % | 8.0% | 11.0% | 16.0% | 5.0% | 5.0% | 3.0% | 6.0% | 4.0% | 3.0% | 3.0% | 2.0% | 3.0% |
For the Mar 2026 quarter, Quest Capital Markets reported sales of ₹1 Cr, down 95.5% year on year and net profit of ₹0.52 Cr, down 97.0% year on year. The operating margin was 73.7%.
Quest Capital Markets' sales for the year to Mar 2026 were ₹31.13 Cr; over the last twelve months they were ₹31.48 Cr.
Net profit for the year to Mar 2026 was ₹23.99 Cr, and ₹23.48 Cr over the last twelve months. Earnings per share over the same trailing period were ₹23.47.
Quest Capital Markets reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹6.88 Cr.
Cash from operations was −₹7.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹7.01 Cr.