| Textual Information(1) |
Notes: 1 The above Unaudited Standalone Financial Results after reviewed by the Audit Committee have been approved and taken on record by the Board of Directors at their meeting held on January 21, 2026. 2 The above Standalone Financials Results have been prepared in accoundance with the recognition and measurements principles laid down in the applicable accounting standards prescribed under section 133 of the Companies Act 2013, read with the Companies (Indian Accounting Standards) Rules, 2015 as amended and in terms of Regulation 33 of the SEBI (Listing Obligation and disclosure Requirements) Regulation 2015, as amended 3 Share of profit/(loss) from Joint Venture LLP firm for the quarter/Nine Month ended December 31, 2025 is based on its Unaudited Financials Results, prepared under Indian Accounting Standards (Ind AS) which have not been reviewed by the respective Statutory Auditor of the Joint Venture Firm 4 The Company is Category 1 Merchant banker engaged in the business of merchant banking related activities, and accordingly there is no separate reportable segments as per Ind AS-108 dealing with operating segments. 5 The members of the Company, at the Annual General Meeting held on September 19, 2025, approved the “Systematix Employee Stock Option Scheme, 2025” (“ESOP 2025” or “Scheme”) for the grant up to 68,26,901 stock options to eligible employees. Pursuant thereto, the Nomination and Remuneration Committee, at its meeting held on November 11, 2025, finalized the list of eligible employees and approved the grant of 7,43,908 stock options under the Scheme. Out of the options granted, 23,378 options were considered lapsed/rejected due to non-receipt of acceptance of the letter of grant. Accordingly, as on December 31, 2025, 720,530 options are considered as ‘Outstanding ESOPs’. None of the granted options have been exercised during the quarter, and therefore there has been no impact on the paid-up equity share capital of the Company. 6 On November 21, 2025, The Government of India notified provisions of the Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety, Health and Working Conditions Code, 2020, (‘Labour Codes’) which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post employment. The Labour Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced benefits relating to leave. The Company has assessed the financial implications of these changes which has resulted in increase in gratuity liability arising out of past service cost by Rs 0.13 crore. Considering the impact arising out of an enactment of the new legislation is an event of non-recurring nature, The Grouph as presented this incremental amount as “Impact of Labour Codes” under “Exceptional Item” in the Condense Consolidated Statement of Profit and Loss for the quarter and nine months ended December 31,2025. The Group continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of liability pertaining to employee benefits. 7 The Comparative figures have been regroup/reclassified , where necessary, to confirm, to currents quarters/Nine month classification. |
Format for Reporting Segment wise Revenue, Results and Capital Employed along with
the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Standalone |
Standalone |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should be disclosed) |
|
Total Segment Revenue |
|
|
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
|
|
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and interest from each segment |
|
Total Profit before tax |
|
|
|
i. Finance cost |
|
|
|
ii. Other Unallocable Expenditure net off Unallocable income |
|
|
|
Profit before tax |
|
|
| 3 |
(Segment Asset - Segment Liabilities) |
|
Segment Asset |
|
Total Segment Asset |
|
|
|
Un-allocable Assets |
|
|
|
Net Segment Asset |
|
|
| 4 |
Segment Liabilities |
|
Segment Liabilities |
|
Total Segment Liabilities |
|
|
|
Un-allocable Liabilities |
|
|
|
Net Segment Liabilities |
|
|
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Standalone |
Standalone |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
|
Total Amount of items that will not be reclassified to profit and loss |
|
|
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
|
|
| 3 |
Amount of items that will be reclassified to profit and loss |
|
|
Total Amount of items that will be reclassified to profit
and loss |
|
|
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
|
|
| 5 |
Total Other comprehensive income |
0.00 |
0.00 |
Statement on Deviation or Variation for proceeds of Public Issue, Rights
Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Amount in (Lakhs)
| Mode of Fund Raising |
Preferential Issues |
| Description of mode of fund raising
(Applicable in case of others is selected) |
|
| Date of Raising Funds |
14-11-2024 |
| Amount Raised |
10,311.94 |
| Report filed for Quarter ended |
31-12-2025 |
| Monitoring Agency |
Applicable |
| Monitoring Agency Name, if applicable |
CARE Ratings Limited |
| Is there a Deviation / Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects,
which was approved by the shareholders |
|
| If Yes, Date of shareholder Approval |
|
| Explanation for the Deviation / Variation |
NA |
| Comments of the Audit Committee after review |
NA |
| Comments of the auditors, if any |
NA |
| Sr. |
Original Object |
Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised |
Amount of Deviation/Variation for the quarter according to applicable
object |
Remarks if any |
| 1 |
For investment in one of the subsidiaries, namely Systematix Shares and Stocks (India) Limited for the purposes of its working capital requirements, either in the form of equity/quasi equit |
NA |
6,000.00 |
0.00 |
0.00 |
0.00 |
|
| 2 |
To invest in AIFs as “Sponsor” in line with SEBI (AIFs) Regulations, 2012 where our Wholly Owned Subsidiary (WOS), Systematix Ventures Private Limited, is acting as “Investment Manager |
NA |
3,000.00 |
0.00 |
0.00 |
0.00 |
The name Systematix Ventures Private Limited has been changed to Systematix Wealth & Asset Services Private Limited |
| 3 |
For General Corporate Purposes |
NA |
1,311.94 |
0.00 |
0.00 |
0.00 |
|
Signatory Details
| Name of signatory |
Divyesh Badiyani |
| Designation of person |
Company Secretary and Compliance Officer |
| Place |
Mumbai |
| Date |
21-01-2026 |