Keynote Financial Services (KEYFINSERV)₹206.28−0.45%Stockbroking & Allied
In the Jun 2026 quarter (consolidated), Keynote Financial Services reported sales of ₹19.02 Cr, up 18.7% from Jun 2025, and net profit of ₹12.01 Cr, down 7.7% year on year. For the year to Mar 2026, sales were ₹26.65 Cr and net profit ₹6.65 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.01 | 14.02 | 14.01 | 12.01 | 11.01 | 7.01 | −2.01 | 16.02 | −2.01 | 12.01 | 0.00 | 19.02 |
| Expenses | 3.01 | 3.01 | 4.01 | 4.01 | 4.01 | 3.01 | 6.99 | 4.01 | 4.01 | 3.99 | 6.01 | 4.01 |
| Operating Profit | 6.01 | 10.99 | 8.99 | 9.01 | 7.99 | 3.01 | −8.99 | 12.01 | −5.99 | 7.99 | −5.99 | 14.99 |
| OPM % | 68.9% | 77.0% | 69.0% | 71.0% | 69.0% | 51.9% | — | 76.0% | — | 67.0% | −8,929.1% | 80.0% |
| Other Income | 0.99 | 0.99 | 0.99 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.99 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 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 | 5.99 | 10.96 | 9.97 | 8.97 | 7.98 | 3.99 | −8.98 | 11.96 | −4.98 | 7.98 | −5.99 | 15.95 |
| Tax % | 26.0% | 22.0% | 17.0% | 29.0% | 29.0% | 20.0% | −53.1% | 40.0% | −66.0% | 26.0% | −19.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.58 | 0.43 | 0.00 |
| Net Profit | 4.99 | 10.01 | 4.01 | 7.99 | 9.01 | 5.99 | −7.99 | 13.01 | −0.99 | 4.01 | −8.99 | 12.01 |
| EPS (Rs) | 7.80 | 13.89 | 6.18 | 11.24 | 12.39 | 8.00 | −13.77 | 22.49 | −1.62 | 8.06 | −16.99 | 20.76 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22.76 | 24.73 | 20.20 | 13.35 | 11.21 | 22.66 | 31.54 | 15.95 | 49.24 | 30.71 | 26.65 | 29.02 |
| Expenses | 13.17 | 10.35 | 10.17 | 13.05 | 13.74 | 7.66 | 11.21 | 15.11 | 13.08 | 17.53 | 18.45 | 18.02 |
| Operating Profit | 9.58 | 14.36 | 10.04 | 0.31 | −2.54 | 15.03 | 20.32 | 0.80 | 36.15 | 13.14 | 8.18 | 11.00 |
| OPM % | 42.1% | 58.0% | 49.7% | 2.4% | −22.8% | 66.2% | 64.4% | 5.1% | 73.4% | 42.8% | 30.7% | 37.9% |
| Other Income | 0.47 | 0.14 | −0.20 | 0.68 | 0.16 | 0.07 | 0.22 | 0.01 | 0.38 | 0.04 | 2.49 | 1.98 |
| Interest | 2.63 | 2.69 | 1.87 | 1.14 | 1.23 | 1.10 | 1.19 | 0.26 | 0.30 | 0.74 | 0.33 | 0.00 |
| Depreciation | 0.93 | 4.36 | 0.70 | 0.76 | 0.75 | 0.72 | 0.68 | 0.62 | 0.77 | 0.90 | 1.07 | 0.00 |
| Profit before tax | 6.48 | 7.43 | 7.25 | −0.88 | −4.35 | 13.25 | 18.62 | −0.04 | 35.37 | 11.53 | 9.27 | 12.96 |
| Tax % | 30.6% | 22.7% | 21.4% | 20.2% | −3.2% | 15.1% | 13.9% | 3,320.0% | 21.7% | 7.0% | 28.3% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.15 |
| Net Profit | 4.49 | 5.76 | 5.70 | −1.07 | −4.21 | 11.26 | 16.07 | −1.64 | 26.80 | 14.56 | 6.65 | 6.04 |
| EPS (Rs) | 6.39 | 8.20 | 8.12 | −1.50 | −5.99 | 16.02 | 22.87 | −2.31 | 38.06 | 26.10 | 11.93 | 10.21 |
| Dividend payout % | 12.4% | 9.6% | 19.5% | −52.5% | −13.2% | 4.9% | 3.5% | −34.1% | 2.1% | 3.8% | 8.4% | — |
| 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 | 5.56 | 5.56 | 5.56 | 5.56 | 5.56 | 5.56 | 5.56 | 5.56 | 5.56 | 5.57 | 5.56 | 5.56 |
| Reserves | 56.89 | 60.72 | 66.57 | 71.55 | 72.53 | 67.71 | 79.39 | 94.97 | 92.56 | 119 | 133 | 139 |
| Borrowings | 20.61 | 11.82 | 13.28 | 13.45 | 20.22 | 21.68 | 26.41 | 27.67 | 2.48 | 0.69 | 1.65 | 4.13 |
| Other Liabilities | 15.09 | 22.69 | 64.90 | 14.34 | 9.14 | 24.06 | 9.22 | 11.17 | 9.24 | 15.01 | 11.79 | 10.63 |
| Total Liabilities | 98.15 | 101 | 150 | 105 | 107 | 119 | 121 | 139 | 110 | 140 | 152 | 159 |
| Fixed Assets | 23.29 | 22.80 | 18.56 | 17.91 | 18.12 | 17.40 | 16.69 | 16.18 | 16.60 | 16.81 | 17.68 | 19.07 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.44 | 0.00 | 0.00 | 0.00 |
| Investments | 6.09 | 17.72 | 24.20 | 34.68 | 33.71 | 28.06 | 44.39 | 62.50 | 59.72 | 83.79 | 102 | 77.69 |
| Other Assets | 68.77 | 60.27 | 108 | 52.31 | 55.62 | 73.55 | 59.50 | 60.49 | 33.08 | 39.47 | 32.39 | 62.53 |
| Inventories | 0.62 | 1.98 | 0.00 | 1.98 | 0.24 | 0.08 | 0.20 | 0.14 | 0.19 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 5.03 | 6.17 | 47.57 | 6.29 | 3.78 | 3.96 | 1.04 | 2.41 | 2.81 | 9.31 | 2.94 | 2.55 |
| Cash & equivalents | 24.09 | 33.36 | 22.39 | 19.43 | 22.61 | 43.05 | 34.95 | 21.53 | 13.16 | 12.03 | 12.58 | 11.83 |
| Total Assets | 98.15 | 101 | 150 | 105 | 107 | 119 | 121 | 139 | 110 | 140 | 152 | 159 |
| 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 | −4.28 | 17.41 | −11.76 | 5.43 | −4.23 | 16.36 | −9.42 | −12.62 | 20.76 | 5.58 | 6.79 | −23.80 |
| Cash from investing activity | −2.85 | −6.86 | 7.23 | −0.58 | 4.59 | 0.89 | −15.73 | 21.83 | −2.82 | −4.24 | −5.90 | 21.73 |
| Cash from financing activity | −2.87 | −1.38 | −3.49 | −2.57 | 1.32 | −0.42 | 3.97 | −0.48 | −25.95 | −2.62 | −0.34 | 1.63 |
| Net cash flow | −9.99 | 9.12 | −8.00 | 2.26 | 1.68 | 16.81 | −21.20 | 8.76 | −8.02 | −1.28 | 0.52 | −0.39 |
| Capex | 0.13 | 0.51 | 0.07 | 0.04 | 0.97 | 0.00 | 0.04 | 0.36 | 1.26 | 0.53 | 1.65 | 2.45 |
| Free cash flow | −4.41 | 16.93 | −11.83 | 5.38 | −5.21 | 16.35 | −9.48 | −12.97 | 19.48 | 5.04 | 5.13 | −26.26 |
| CFO / OP % | −52.0% | 201.0% | −70.0% | 67.0% | −678.0% | −643.0% | −58.0% | −61.0% | 2,604.0% | 24.0% | 90.0% | −279.0% |
| 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 | 117 | 100 | 705 | 115 | 105 | 130 | 18 | 29 | 66 | 70 | 36 | 36 |
| Cash conversion cycle | 117 | 100 | 705 | 115 | 105 | 130 | 18 | 29 | 66 | 70 | 36 | 36 |
| Working capital days | 125 | −163 | 2 | −20 | −337 | −477 | −37 | 108 | 159 | 88 | 117 | 84 |
| ROCE % | 8.0% | 11.3% | 12.3% | 10.8% | 0.3% | −3.3% | 13.9% | 16.5% | 0.2% | 31.7% | 9.2% | 6.9% |
For the Jun 2026 quarter, Keynote Financial Services reported sales of ₹19.02 Cr, up 18.7% year on year and net profit of ₹12.01 Cr, down 7.7% year on year. The operating margin was 80.0%.
Keynote Financial Services' sales for the year to Mar 2026 were ₹26.65 Cr; over the last twelve months they were ₹29.02 Cr.
Net profit for the year to Mar 2026 was ₹6.65 Cr, and ₹6.04 Cr over the last twelve months. Earnings per share over the same trailing period were ₹10.21.
Keynote Financial Services reported borrowings of ₹4.13 Cr at Mar 2026, against cash and equivalents of ₹11.83 Cr.
Cash from operations was −₹23.80 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹26.26 Cr.