Q4FY26 · Standalone

KEYFINSERV reports Rs 4.3 standalone net loss in Q4FY26

Negative revenue of Rs 2.69 produced an unusual 188.92% reported operating margin, while the filing came after market close.

By Ashutosh

Filed 17 Sep 2026, 18:32 IST · after market close · KEYFINSERV (KEYFINSERV)

Key takeaways

  • KEYFINSERV reported a standalone Q4FY26 net loss of Rs 4.3 and EPS of Rs -7.73.
  • Operating profit was negative at Rs 5.08, while the reported operating margin was 188.92%, a figure distorted by negative revenue of Rs 2.69.
  • The filing showed a tax rate of 20.2% on profit before tax of Rs -5.39.

Standalone quarter records a net loss

KEYFINSERV’s standalone Q4FY26 filing reported revenue of Rs -2.69, operating profit of Rs -5.08 and net profit of Rs -4.3. EPS was Rs -7.73. The filing came after market close on 17 Sep 2026, so there is no market reaction to assess yet.

Negative revenue makes the margin figure hard to read

Expenses were reported at Rs 2.39 against negative revenue of Rs 2.69, resulting in negative operating profit of Rs 5.08. This combination produces the reported operating margin of 188.92%, so the margin should be read cautiously rather than as a conventional profitability measure. Profit before tax was negative at Rs 5.39, with tax reported at Rs -1.09 and a 20.2% tax rate.

No sequential or year-on-year trend is established

The filing gives no comparison against the preceding quarter or the year-earlier period, so the direction of revenue, costs and margins cannot be established from this release. Other income was reported at Rs -0.22, while interest was Rs 0.01 and depreciation was Rs 0.08.

Q4FY26 at a glance

Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ4FY26
Revenue₹-3 cr
Other income₹-0 cr
Expenses₹2 cr
Operating profit₹-5 cr
Operating margin (%)188.92%
Interest₹0 cr
Depreciation₹0 cr
Profit before tax₹-5 cr
Tax₹-1 cr
Net profit₹-4 cr
EPS (₹)₹-7.73

What to watch

  • Whether reported revenue moves above Rs -2.69 in the next quarter.
  • Whether operating margin remains distorted from the 188.92% reported level.
  • Whether the tax rate stays near 20.2% alongside profit before tax of Rs -5.39.