Prime Securities posts Rs 3.84 cr consolidated loss as costs exceed revenue
The operating loss widened the pre-tax deficit, while a Rs 0.94 cr tax credit reduced the reported net loss.
Filed 12 Nov 2026, 17:37 IST · after market close · Prime Securities Ltd (PRIMESECU)
Key takeaways
- Prime Securities reported a consolidated net loss of Rs 3.84 cr in Q2FY27, with EPS at Rs -1.06.
- Expenses of Rs 37.79 cr exceeded revenue of Rs 34.84 cr, resulting in a consolidated operating margin of -8.47%.
- The company’s operating margin was 60.08 percentage points below the 51.61% median for 118 Financial Services peers that had reported.
Price around the results
Costs pushed Prime Securities into an operating loss
Prime Securities’ consolidated expenses were higher than revenue in Q2FY27, producing an operating loss of Rs 2.95 cr and a margin of -8.47%. Interest of Rs 0.62 cr and depreciation of Rs 0.97 cr further widened the loss before tax to Rs 4.78 cr. Negative other income of Rs 0.24 cr added to the pressure below operating profit.
Tax credit softened the reported loss
A tax credit of Rs 0.94 cr reduced the consolidated net loss from the Rs 4.78 cr pre-tax deficit to Rs 3.84 cr. This means the tax line provided support to reported profit despite the operating loss; there was no positive other-income contribution to earnings.
Margin gap with Financial Services peers was wide
Prime Securities’ consolidated operating margin of -8.47% was 60.08 percentage points below the 51.61% median among 118 Financial Services peers that had reported the quarter. The results were filed after market close, so there is no immediate market reaction to assess.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹35 cr |
| Other income | ₹-0 cr |
| Expenses | ₹38 cr |
| Operating profit | ₹-3 cr |
| Operating margin (%) | -8.47% |
| Interest | ₹1 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹-5 cr |
| Tax | ₹-1 cr |
| Net profit | ₹-4 cr |
| EPS (₹) | ₹-1.06 |
Operating margin of -8.47% compares with a Financial Services sector median of 51.61% across 118 peers that have reported Q2FY27.
What to watch
- Whether operating margin improves from -8.47% in the next reported quarter.
- Whether expenses move below the current Rs 37.79 cr level relative to revenue of Rs 34.84 cr.
- Whether the Rs 0.94 cr tax credit recurs after the consolidated pre-tax loss of Rs 4.78 cr.