Khandwala Securities

Mumbai, India Founded: 1993 • Age: 33 yrs Listed
Investment banking services are focused on mid-market clients.

About Khandwala Securities

Khandwala Securities is a publicly listed company based in Mumbai (India) founded in 1993. Investment banking services are focused on mid-market clients. The company has 20 employees. Its Indian entity Khandwala Securities Limited reported revenue of ₹9.35 Cr. Khandwala Securities offers products and services including Online Trading and Portfolio Management. Its focus areas include Investment Industry, Investment Banks and IBs.

Company details

Khandwala Securities was established in 1993 in Mumbai, India, as an investment bank targeting mid-market segments. Operations center on advisory services for mergers, acquisitions, and capital raising. The firm is directed by a team including Paresh J Khandwala as Vice Chairman and Managing Director, alongside other executives. Activities are conducted primarily within the Indian financial sector, with a domain at kslindia.com.

  • Headquarters Mumbai, India
  • Employees 20
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website kslindia.com
  • Social LinkedIn Facebook YouTube
  • Legal Name Khandwala Securities Limited
Operational Areas
Key Metrics
  • Market Cap
    ₹26.59 Cr

    KHANDSE · NSE

  • Share Price
    ₹17.43

    +0.23% today

  • Revenue
    ₹8.76 Cr

    FY 2025-26 · -14.9% YoY

  • EBITDA
    −₹1.37 Cr

    Margin -15.6%

  • Net Profit
    −₹1.29 Cr

    FY 2025-26 · +80.7% YoY

  • Debt / Equity
    0.08

    Interest cover -13.9x

  • Employee Count
    20

Products & Services of Khandwala Securities

Khandwala Securities offers a comprehensive portfolio of products and services, including Online Trading and Portfolio Management.

Online Trading
Financial Services

Online trading platforms are provided through mobile, browser, and application-based tools to facilitate secure transaction execution for clients

Portfolio Management
Investment Services

Portfolio management services are offered to create sustainable wealth through disciplined strategies and unbiased advisory based on detailed analysis

Apps and channels of Khandwala Securities

its YouTube channel Khandwala Securities Limited has 26 subscribers and 9 videos.

Khandwala Securities Limited
YouTube 26 subscribers 9 videos Business & Finance
Open channel

Videos from Khandwala Securities

The most watched videos on Khandwala Securities's YouTube channel, Khandwala Securities Limited (26 subscribers). Click a video to play it here.

Podcast by Khandwala Securities Limited on Market Insights & preferred trade on Nifty - 27/07/2020
114 views
Podcast by Khandwala Securities Limited on Market Insights & preferred trade on Nifty - 01/06/2020
59 views
Podcast by Khandwala Securities Limited on Market Insights & preferred trade on Nifty - 15/06/2020
44 views
Podcast by Khandwala Securities Limited on Market Insights & preferred trade on Nifty - 08/06/2020
36 views

More on Khandwala Securities Limited.

Board of directors of Khandwala Securities Limited (Khandwala Securities)

Khandwala Securities Limited is the primary company behind Khandwala Securities. The board of Khandwala Securities Limited currently have 6 directors; the longest-serving is Paresh Jayantilal Khandwala, appointed in 1993. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Paresh Jayantilal Khandwala
DIN 00112678
Managing Director09 Feb 199333 yrs 8 moKhandwala Securities Limited
Pranav Paresh Khandwala
DIN 00519113
Whole-time director14 Nov 201114 yrs 11 moKhandwala Securities Limited
Bhagyashree Pranav Khandwala
DIN 02335473
Director30 May 201412 yrs 5 moKhandwala Securities Limited
Pratik Paresh Khandwala
DIN 00519147
Director14 Aug 20206 yrs 2 moKhandwala Securities Limited
Kalpen Shukla
DIN 00117482
Director31 Jan 20242 yrs 9 moKhandwala Securities Limited
Suzan Vakil
DIN 11289012
Director11 Sep 20251 yr 1 moKhandwala Securities Limited

People of Khandwala Securities

5 people are tracked at Khandwala Securities (5 in leadership); the tracked headcount is 20.

NameRoleGroup
Shreedhar Mukund
DirectorLeadership
Executive DirectorLeadership
DirectorLeadership
Vice Chairman & Managing DirectorLeadership
Rohit Chand
DirectorLeadership
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Complete people profiles for Khandwala Securities

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  • Full employee list
  • Team structure
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  • Professional contacts

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IPO & Listings of Khandwala Securities

Khandwala Securities is a publicly listed company on the NSE with ticker symbol KHANDSE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date07 Feb 2001
  • Listed onNSE: KHANDSE
  • Listed entityKhandwala Securities Limited
  • Exchange sectorFinance
  • ISININE060B01014
  • Share price₹16.40 (+1.05% on the day) · 2026-10-14
  • Market capitalisation₹24.7 Cr
  • EPS (diluted, trailing year)₹-0.39
  • Volume (last session)12,121

Financials of Khandwala Securities

Exchange-reported figures of Khandwala Securities Limited, the listed company behind Khandwala Securities (NSE: KHANDSE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹8.76 Cr
-14.9% YoY
EBITDA
−₹1.37 Cr
+67.1% YoY
Profit After Tax
−₹1.29 Cr
+80.7% YoY
Net Worth
₹27.74 Cr
-4.0% YoY
Total Assets
₹31.09 Cr
+1.5% YoY
Total Debt
₹3.07 Cr
+104.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8.7610.298.706.456.233.742.87
Revenue growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
EBITDA(1.37)(4.16)0.741.090.94(0.71)(3.27)
EBITDA margin-15.6%-40.4%+8.5%+16.9%+15.1%-19.0%-113.9%
Profit before tax(1.30)0.230.160.500.06(1.70)(3.62)
Net profit(1.29)(6.67)0.170.450.12(1.65)(3.58)
Net profit margin-14.7%-64.8%+2.0%+7.0%+1.9%-44.1%-124.7%
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.01)
Balance sheet
Total assets31.0930.6331.4332.3026.8127.1129.54
Net worth27.7428.8929.6829.4920.1019.9523.13
Total debt3.071.501.552.646.476.946.24
Cash & bank0.430.600.675.008.986.377.93
Net working capital(2.74)(5.98)(2.61)8.39(1.24)(0.52)7.39
Cash flow
Cash from operations(2.05)4.02(1.74)(7.24)3.30(0.21)(3.55)
Cash from investing0.64(3.94)(1.17)(1.51)0.500.18(0.40)
Cash from financing(0.50)0.29(0.09)8.40(1.19)(1.54)0.53
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3.712.272.301.063.401.141.182.70
Revenue growth (YoY)+9.1%+99.1%+94.9%-60.7%+8.3%-54.8%--
Other income0.210.320.440.660.210.160.370.35
EBITDA0.54(0.08)(0.76)(1.00)0.17(0.63)(1.24)0.26
EBITDA margin+14.6%-3.5%-33.0%-94.3%+5.0%-55.3%-105.1%+9.6%
Depreciation0.080.070.060.080.080.070.110.07
Interest0.090.080.070.060.060.040.030.01
Profit before tax0.580.09(0.45)(0.48)0.24(0.58)(1.01)0.53
Tax0.000.00(0.01)0.000.000.001.05(0.01)
Net profit0.580.09(0.44)(0.48)0.24(0.58)(2.06)0.54
EPS (₹)0.390.06(0.29)(0.32)0.16(0.38)(1.35)0.35
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8.7610.298.706.456.233.742.87
Revenue growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
EBITDA(1.37)(4.16)0.751.090.95(0.71)(3.27)
EBITDA margin-15.6%-40.4%+8.6%+16.9%+15.3%-19.0%-113.9%
Profit before tax(1.30)0.230.170.500.07(1.70)(3.62)
Net profit(1.29)(6.67)0.180.450.13(1.65)(3.58)
Net profit margin-14.7%-64.8%+2.1%+7.0%+2.1%-44.1%-124.7%
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.00)
Balance sheet
Total assets31.7231.2632.0632.9227.4327.7430.17
Net worth28.3729.5130.3030.1220.7320.5823.75
Total debt3.071.501.552.646.476.946.24
Cash & bank0.420.590.664.998.976.357.93
Net working capital(2.88)(6.12)(2.74)8.24(1.39)(0.67)7.25
Cash flow
Cash from operations(2.04)4.03(1.75)(7.24)3.30(0.21)(3.55)
Cash from investing0.64(3.94)(1.17)(1.51)0.500.18(0.40)
Cash from financing(0.50)0.29(0.09)8.40(1.19)(1.54)0.53
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3.712.272.301.063.401.141.182.70
Revenue growth (YoY)+9.1%+99.1%+94.9%-60.7%+8.3%-54.8%--
Other income0.210.320.440.660.210.160.370.35
Total expenses3.172.353.062.063.231.772.412.44
EBITDA0.54(0.08)(0.76)(1.00)0.17(0.63)(1.23)0.26
EBITDA margin+14.6%-3.5%-33.0%-94.3%+5.0%-55.3%-104.2%+9.6%
Depreciation0.080.070.060.080.080.070.110.07
Interest0.090.080.070.060.060.040.030.01
Profit before tax0.580.09(0.45)(0.48)0.24(0.58)(1.00)0.53
Tax0.000.00(0.01)0.000.000.001.05(0.01)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3.712.272.301.063.401.141.182.70
Revenue growth (YoY)+9.1%+99.1%+94.9%-60.7%+8.3%-54.8%--
Other income0.210.320.440.660.210.160.370.35
EBITDA0.54(0.08)(0.76)(1.00)0.17(0.63)(1.24)0.26
EBITDA margin+14.6%-3.5%-33.0%-94.3%+5.0%-55.3%-105.1%+9.6%
Depreciation0.080.070.060.080.080.070.110.07
Interest0.090.080.070.060.060.040.030.01
Profit before tax0.580.09(0.45)(0.48)0.24(0.58)(1.01)0.53
Tax0.000.00(0.01)0.000.000.001.05(0.01)
Net profit0.580.09(0.44)(0.48)0.24(0.58)(2.06)0.54
EPS (₹)0.390.06(0.29)(0.32)0.16(0.38)(1.35)0.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8.7610.298.706.456.233.742.87
Revenue growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
Other income0.594.840.000.040.120.030.75
Total expenses10.1314.457.965.365.294.456.14
Employee cost3.052.482.072.122.922.132.05
EBITDA(1.37)(4.16)0.741.090.94(0.71)(3.27)
EBITDA margin-15.6%-40.4%+8.5%+16.9%+15.1%-19.0%-113.9%
Depreciation0.290.340.310.290.290.280.28
Interest0.230.110.270.340.710.740.82
Profit before tax(1.30)0.230.160.500.06(1.70)(3.62)
Tax(0.01)1.03(0.01)0.05(0.06)(0.05)(0.04)
Net profit(1.29)(6.67)0.170.450.12(1.65)(3.58)
Net profit margin-14.7%-64.8%+2.0%+7.0%+1.9%-44.1%-124.7%
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.01)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.2515.2515.2515.2511.9411.9413.44
Reserves & surplus12.4913.6414.4314.248.168.019.69
Shareholders' funds (net worth)27.7428.8929.6829.4920.1019.9523.13
Minority interest0.000.000.000.000.000.000.00
Secured loans2.761.291.342.486.026.096.11
Unsecured loans0.310.210.210.160.450.850.13
Total debt3.071.501.552.646.476.946.24
Total liabilities31.0930.6331.4332.3026.8127.1129.54
Assets
Gross block5.805.5812.9512.5912.0012.0411.91
Net block4.184.248.138.097.798.058.20
Capital work in progress0.000.000.000.000.000.000.00
Investments1.171.323.072.040.611.041.18
Inventories0.000.000.000.000.000.000.00
Sundry debtors4.013.876.657.844.716.849.40
Cash & bank balances0.430.600.675.008.986.377.93
Loans & advances2.312.236.256.835.530.520.41
Total current assets6.756.7013.5719.6719.2213.7317.74
Total current liabilities9.4912.6816.1811.2820.4614.2510.35
Net working capital(2.74)(5.98)(2.61)8.39(1.24)(0.52)7.39
Total assets31.0930.6331.4332.3026.8127.1129.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.03(0.34)2.673.006.377.9311.35
Net cash from operating activities(2.05)4.02(1.74)(7.24)3.30(0.21)(3.55)
Net cash from investing activities0.64(3.94)(1.17)(1.51)0.500.18(0.40)
Net cash from financing activities(0.50)0.29(0.09)8.40(1.19)(1.54)0.53
Net change in cash(1.91)0.37(3.01)(0.34)2.62(1.57)(3.42)
Closing cash0.430.600.675.008.986.377.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
EBITDA growth+67.1%-662.2%-32.1%+16.0%+232.4%+78.3%-
PBT growth-+43.8%-68.0%+733.3%+9998.0%+53.0%-
Net income growth+80.7%-4023.5%-62.2%+275.0%+107.3%+53.9%-
Revenue CAGR (3Y)+10.7%+18.2%+32.5%+31.0%+19.6%-0.6%-11.5%
EBITDA CAGR (3Y)-----+43.6%+61.9%
Profitability & leverage
Net income margin-14.7%-7.8%+2.0%+7.0%+1.9%-44.1%-124.7%
Return on capital employed0.0%0.0%+1.4%+2.8%+2.9%0.0%-9.2%
Return on net worth0.0%0.0%+0.6%+1.8%+0.6%0.0%-15.3%
Debt / equity0.080.050.070.180.330.310.22
Long-term debt / equity0.080.050.070.180.330.310.22
Interest cover-13.86-2.4462.7942.50109.23-74.75-23.10
Efficiency & per share
Fixed asset turnover1.641.630.680.530.530.310.30
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover2.372.881.201.031.100.460.40
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.01)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)18.1918.9419.4619.3316.8416.7118.11
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3.712.272.301.063.401.141.182.70
Revenue growth (YoY)+9.1%+99.1%+94.9%-60.7%+8.3%-54.8%--
Other income0.210.320.440.660.210.160.370.35
Total expenses3.172.353.062.063.231.772.412.44
EBITDA0.54(0.08)(0.76)(1.00)0.17(0.63)(1.23)0.26
EBITDA margin+14.6%-3.5%-33.0%-94.3%+5.0%-55.3%-104.2%+9.6%
Depreciation0.080.070.060.080.080.070.110.07
Interest0.090.080.070.060.060.040.030.01
Profit before tax0.580.09(0.45)(0.48)0.24(0.58)(1.00)0.53
Tax0.000.00(0.01)0.000.000.001.05(0.01)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8.7610.298.706.456.233.742.87
Revenue growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
Other income0.594.840.000.040.120.030.75
Total expenses10.1314.457.955.365.284.456.14
Employee cost3.052.482.072.122.922.132.05
EBITDA(1.37)(4.16)0.751.090.95(0.71)(3.27)
EBITDA margin-15.6%-40.4%+8.6%+16.9%+15.3%-19.0%-113.9%
Depreciation0.290.340.310.290.290.280.28
Interest0.230.110.270.340.710.740.82
Profit before tax(1.30)0.230.170.500.07(1.70)(3.62)
Tax(0.01)1.03(0.01)0.05(0.06)(0.05)(0.04)
Net profit(1.29)(6.67)0.180.450.13(1.65)(3.58)
Net profit margin-14.7%-64.8%+2.1%+7.0%+2.1%-44.1%-124.7%
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital15.2515.2515.2515.2511.9411.9413.44
Reserves & surplus13.1214.2615.0514.878.798.6410.31
Shareholders' funds (net worth)28.3729.5130.3030.1220.7320.5823.75
Secured loans2.761.291.342.486.026.096.11
Unsecured loans0.310.210.210.160.450.850.13
Total debt3.071.501.552.646.476.946.24
Total liabilities31.7231.2632.0632.9227.4327.7430.17
Assets
Gross block3.202.9910.3610.009.419.449.31
Net block1.581.655.545.505.205.455.60
Capital work in progress0.000.000.000.000.000.000.00
Investments4.554.706.445.423.994.414.55
Inventories0.000.000.000.000.000.000.00
Sundry debtors4.013.876.657.834.706.849.39
Cash & bank balances0.420.590.664.998.976.357.93
Loans & advances2.182.106.126.705.400.390.28
Total current assets6.616.5613.4319.5219.0713.5817.60
Total current liabilities9.4912.6816.1711.2820.4614.2510.35
Net working capital(2.88)(6.12)(2.74)8.24(1.39)(0.67)7.25
Total assets31.7231.2632.0632.9227.4327.7430.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.02(0.35)2.663.006.357.9311.34
Net cash from operating activities(2.04)4.03(1.75)(7.24)3.30(0.21)(3.55)
Net cash from investing activities0.64(3.94)(1.17)(1.51)0.500.18(0.40)
Net cash from financing activities(0.50)0.29(0.09)8.40(1.19)(1.54)0.53
Net change in cash(1.91)0.37(3.01)(0.34)2.62(1.57)(3.42)
Closing cash0.420.590.664.998.976.357.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-14.9%+18.3%+34.9%+3.5%+66.6%+30.3%-
EBITDA growth+67.1%-654.7%-31.2%+14.7%+233.8%+78.3%-
PBT growth-+35.3%-66.0%+614.3%+9998.0%+53.0%-
Net income growth+80.7%-3805.6%-60.0%+246.2%+107.9%+53.9%-
Revenue CAGR (3Y)+10.7%+18.2%+32.5%+31.0%+19.6%-0.6%-11.5%
EBITDA CAGR (3Y)-----+45.6%+62.7%
Profitability & leverage
Net income margin-14.7%-7.8%+2.1%+7.0%+2.1%-44.1%-124.7%
Return on capital employed0.0%-14.1%+1.3%+2.8%+2.8%-3.3%-9.0%
Return on net worth0.0%-22.3%+0.6%+1.7%+0.6%-7.7%-14.9%
Debt / equity0.080.050.070.180.320.300.22
Long-term debt / equity0.070.050.070.180.320.300.22
Interest cover-13.86-2.4461.3642.50107.58-74.75-23.10
Efficiency & per share
Fixed asset turnover3.022.270.850.670.670.400.39
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover2.372.881.201.041.100.460.40
EPS (₹)(0.83)(0.52)0.110.290.10(1.38)(3.00)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)18.6019.3519.8719.7517.3617.2318.64

Web traffic of Khandwala Securities

The website of Khandwala Securities (kslindia.com) receives about 5.7K visits a month.

  • Monthly visits
    5.7K

    ▲ 67.5% vs previous month

Similar websites

Websites whose visitors overlap most with Khandwala Securities. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
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100%
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Frequently Asked Questions about Khandwala Securities

Khandwala Securities was founded in 1993.

Khandwala Securities is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Khandwala Securities has 20 employees.

The primary company behind Khandwala Securities, Khandwala Securities Limited, reported revenue of ₹9.35 Cr for FY 2026, down 15% year on year.

Khandwala Securities was established in 1993 in Mumbai, India, as an investment bank targeting mid-market segments. Operations center on advisory services for mergers, acquisitions, and capital raising. The firm is directed by a team including Paresh J Khandwala as Vice Chairman and Managing Director, alongside other executives. Activities are conducted primarily within the Indian financial sector, with a domain at kslindia.com.

Khandwala Securities offers Online Trading and Portfolio Management.

Yes, Khandwala Securities is publicly traded on NSE under the ticker symbol KHANDSE.

Khandwala Securities operates through Khandwala Securities Limited.

The legal entities of Khandwala Securities currently have 7 directors, including Abhishek Narendra Joshi, Paresh Jayantilal Khandwala, Bhagyashree Pranav Khandwala and others.

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