Beryl Securities (BERYLSE) Q1 FY27 Profit More Than Doubles on Strong Lending Growth
The NBFC's Q1 profit surged 153% year-on-year to ₹0.38 crore, driven by a sharp rise in revenue and improved operational efficiency.
Beryl Securities reported a 122% jump in Q1 FY27 revenue to ₹1.8 crore. Net profit more than doubled to ₹0.38 crore, with margins expanding significantly from the previous quarter.
For a small NBFC like Beryl Securities, a quarter of explosive growth signals a business hitting its stride. The June quarter delivered exactly that, with revenue more than doubling and profit following suit, powered by a sharp improvement in operational control.
The numbers show a clear acceleration. Revenue rose to ₹1.8 crore, up 122% from a year ago and 15% from the March quarter. Profit surged 153% year-on-year to ₹0.38 crore, with the net profit margin climbing to 20.9%.
Revenue & profit
Revenue (₹ Cr)
Profit (₹ Cr)
Net Profit Margin (%)
| Metric | CurrentQ1 FY27 | PreviousQ4 FY26 | Same quarter LYQ1 FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | 1.80YoY +122% | 1.57 | 0.81 |
| Profit (₹ Cr) | 0.38YoY +153% | 0.16 | 0.15 |
| Net Profit Margin (%) | 20.9YoY +16% | 10.2 | 18.0 |
The efficiency leap behind the profit
The most striking shift was a 16% sequential drop in total expenses, even as revenue grew. This discipline turned a modest revenue gain into a massive profit jump. A report from StockWatch notes the operating profit margin expanded by over 20 percentage points from the prior quarter.
Management commentary from a scanx.trade report highlights that pre-tax profit before exceptional items stood at ₹54.79 lakh, up significantly from a year ago. This suggests the profit surge was driven by core operations, not one-off items.
Funding the next phase of growth
To sustain this momentum, the company is raising fresh capital. The board has approved a preferential issue to raise about ₹2.7 crore, as noted in filings on alfafinder.com. The funds are earmarked primarily for augmenting the capital base for onward lending to MSMEs.
This move addresses a key need. The broader NBFC sector is seeing strong credit demand, with a Bernstein report cited by The Hindu BusinessLine noting bank credit to NBFCs grew over 30% recently. Beryl is positioning itself to capture more of this demand.
Key Points
- Revenue crossed ₹1.8 crore, more than doubling year-on-year, while profit surged 153% to ₹0.38 crore.
- A sharp 16% quarter-on-quarter reduction in total expenses drove a dramatic expansion in net profit margin to 20.9%.
- The company is raising ~₹2.7 crore via a preferential issue to strengthen its capital base for lending growth.
- The stock trades at a P/E of 27.4, a 25% premium to the industry average, reflecting expectations for continued growth.
Hexa Perspective
The quarter marks a decisive turnaround from the volatility of the past year. The combination of strong revenue growth and sudden expense control suggests management is executing a sharper, more scalable business model.
The critical test is whether this efficiency is sustainable as the loan book grows from the fresh capital infusion. If the company can maintain margins near 20% while deploying new funds, the current premium valuation could be justified. If costs creep back up, the impressive Q1 profit jump may prove difficult to repeat.
Also read
Want this applied to your portfolio?
Talk to a HexaWealth advisor, or sync your mutual fund data for insights tailored to your holdings.
