Mathew Easow Research Securities (BSE 511688)₹9.64+4.90%Non Banking Financial Company (NBFC)
In the Mar 2026 quarter (standalone), Mathew Easow Research Securities reported revenue of ₹0.58 Cr, down 4.9% from Mar 2025, and net profit of ₹0.02 Cr, up 100.0% year on year. For the year to Mar 2026, revenue were ₹2.85 Cr and net profit ₹0.07 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.59 | 0.62 | 0.62 | 121 | 0.41 | 0.76 | 0.84 | 0.61 | 0.73 | 0.84 | 0.73 | 0.58 |
| Interest | 0.44 | 0.48 | 0.46 | 0.40 | 0.21 | 0.34 | 0.67 | 0.36 | 0.28 | 0.32 | 0.44 | 0.35 |
| Net interest income | 0.15 | 0.14 | 0.16 | 121 | 0.20 | 0.42 | 0.17 | 0.25 | 0.45 | 0.52 | 0.29 | 0.23 |
| Expenses | 0.14 | 0.10 | 0.13 | 120 | 0.14 | 0.42 | 0.13 | 0.20 | 0.39 | 0.45 | 0.24 | 0.19 |
| Financing Profit | −0.01 | 0.00 | 0.01 | 0.02 | 0.02 | −0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.01 | 0.02 |
| Financing Margin % | −3.5% | 1.6% | 3.3% | 0.0% | 7.5% | −4.0% | 3.6% | 3.3% | 4.1% | 4.8% | 2.8% | 5.2% |
| Other Income | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Profit before tax | 0.04 | 0.03 | 0.03 | 0.05 | 0.04 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.03 | 0.05 |
| Tax % | 33.3% | 0.0% | 0.0% | 25.0% | 33.3% | 24.9% | 33.3% | 0.0% | 33.2% | 24.9% | 0.0% | 24.9% |
| Net Profit | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 |
| EPS (Rs) | 0.02 | 0.03 | 0.03 | 0.04 | 0.02 | 0.04 | 0.04 | 0.02 | 0.02 | 0.04 | 0.03 | 0.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.26 | 1.60 | 4.12 | 3.49 | 4.80 | 2.20 | 2.46 | 2.32 | 14.52 | 2.61 | 2.85 | 2.88 |
| Interest | 0.00 | 0.06 | 0.88 | 0.99 | 0.06 | 0.74 | 1.58 | 1.70 | 1.81 | 1.62 | 1.41 | 1.39 |
| Net interest income | 9.26 | 1.54 | 3.24 | 2.50 | 4.74 | 1.46 | 0.88 | 0.62 | 12.71 | 0.99 | 1.44 | 1.49 |
| Expenses | 8.27 | 1.31 | 2.50 | 2.03 | 4.59 | 1.24 | 1.65 | 0.66 | 12.61 | 0.90 | 1.32 | 1.27 |
| Financing Profit | 0.93 | 0.19 | 0.70 | 0.43 | 0.11 | 0.18 | −0.79 | −0.06 | 0.03 | 0.05 | 0.10 | 0.08 |
| Financing Margin % | 10.1% | 12.6% | 17.2% | 12.6% | 2.5% | 8.6% | −32.7% | −3.1% | 0.3% | 2.3% | 3.9% | 2.8% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.03 | 0.14 | 0.00 | 1.02 | 0.17 | 0.05 | 0.08 | 0.02 | 0.02 |
| Depreciation | 0.04 | 0.04 | 0.06 | 0.12 | 0.11 | 0.09 | 0.04 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.90 | 0.16 | 0.65 | 0.34 | 0.16 | 0.10 | 0.19 | 0.08 | 0.09 | 0.13 | 0.12 | 0.17 |
| Tax % | 38.1% | 33.3% | 29.6% | 45.4% | 13.3% | −22.3% | 44.4% | 28.5% | 25.0% | 24.9% | 27.2% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.98 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.54 | 0.09 | 0.45 | 0.17 | 0.13 | 0.10 | 0.10 | 0.03 | 0.05 | 0.07 | 0.07 | 0.04 |
| EPS (Rs) | 0.84 | 0.14 | 0.68 | 0.28 | 0.20 | 0.18 | 0.18 | 0.07 | 0.10 | 0.11 | 0.13 | 0.15 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.62 | 6.63 | 6.62 | 6.63 | 6.62 | 6.62 | 6.63 | 6.62 | 6.63 | 6.62 | 6.62 | 6.62 |
| Reserves | 5.65 | 6.21 | 6.30 | 6.77 | 6.97 | 7.12 | 7.23 | 7.33 | 7.38 | 7.42 | 7.51 | 7.59 |
| Borrowings | 0.15 | 0.09 | 6.60 | 11.70 | 69.46 | 15.85 | 31.19 | 34.15 | 31.88 | 23.17 | 21.90 | 21.77 |
| Other Liabilities | 0.70 | 0.41 | 0.79 | 0.60 | 0.33 | 0.16 | 0.50 | 0.21 | 0.04 | 0.11 | 0.19 | 0.25 |
| Total Liabilities | 13.12 | 13.34 | 20.31 | 25.70 | 83.38 | 29.75 | 45.55 | 48.31 | 45.93 | 37.32 | 36.22 | 36.23 |
| Fixed Assets | 0.38 | 0.35 | 0.30 | 0.48 | 0.33 | 0.36 | 0.27 | 0.14 | 0.10 | 0.09 | 0.07 | 0.06 |
| CWIP | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 12.72 | 12.99 | 20.01 | 25.22 | 83.05 | 29.39 | 45.28 | 48.17 | 45.83 | 37.23 | 36.15 | 36.17 |
| Inventories | 4.15 | 0.02 | 0.02 | 0.52 | 1.16 | 2.51 | 12.06 | 12.07 | 12.06 | 0.03 | 0.03 | 0.00 |
| Cash & equivalents | 0.09 | 0.01 | 0.88 | 0.46 | 0.38 | 0.36 | 0.13 | 0.07 | 0.16 | 0.03 | 0.05 | 0.01 |
| Total Assets | 13.12 | 13.34 | 20.31 | 25.70 | 83.38 | 29.75 | 45.55 | 48.31 | 45.93 | 37.32 | 36.22 | 36.23 |
| 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 | −0.14 | −0.05 | −5.57 | −4.42 | −57.06 | 53.99 | −14.85 | −2.57 | 4.07 | 10.39 | 2.92 | 1.54 |
| Cash from investing activity | −0.17 | 0.02 | −0.02 | −0.26 | 0.02 | −0.14 | −0.02 | 1.12 | 0.02 | 0.03 | 0.02 | 0.02 |
| Cash from financing activity | 0.07 | −0.06 | 6.44 | 4.24 | 57.04 | −53.90 | 14.62 | 1.40 | −3.98 | −10.53 | −2.91 | −1.59 |
| Net cash flow | −0.21 | −0.07 | 0.86 | −0.41 | −0.07 | −0.02 | −0.22 | −0.05 | 0.08 | −0.12 | 0.01 | −0.03 |
| Capex | 0.15 | 0.00 | 0.00 | 0.24 | 0.00 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −0.30 | −0.04 | −5.58 | −4.67 | −57.12 | 53.88 | −14.86 | −1.47 | 4.07 | 10.39 | 2.92 | 1.54 |
| CFO / OP % | −3.0% | 56.0% | −1,952.0% | −268.0% | −3,949.0% | 28,458.0% | −1,567.0% | −308.0% | 252.0% | 558.0% | 173.0% | 117.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 9.4% | 4.4% | 0.8% | 3.5% | 1.3% | 1.0% | 0.8% | −6.2% | 0.3% | 0.4% | 0.6% | 0.6% |
For the Mar 2026 quarter, Mathew Easow Research Securities reported revenue of ₹0.58 Cr, down 4.9% year on year and net profit of ₹0.02 Cr, up 100.0% year on year.
Mathew Easow Research Securities' revenue for the year to Mar 2026 were ₹2.85 Cr; over the last twelve months they were ₹2.88 Cr.
Net profit for the year to Mar 2026 was ₹0.07 Cr, and ₹0.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.15.
Cash from operations was ₹1.54 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.54 Cr.