Share India Securities, a multibagger stock that has delivered a staggering 1000% rally in the last five years, has announced a board meeting scheduled for October 30, 2025. The meeting's agenda includes reviewing the financial results for the second quarter of fiscal year 2025-2026, discussing potential fund-raising through Foreign Currency Convertible Bonds (FCCBs), and considering the declaration of a second interim dividend. The record date for determining shareholder eligibility for the interim dividend, if declared, is set for November 6, 2025.
Financial Performance and Growth
Share India Securities has demonstrated significant growth in recent years. The company's revenue has grown at a yearly rate of 45.08% over the last 5 years, compared to an industry average of 19.9%. Similarly, net income has increased at an annual rate of 51.64%, surpassing the industry average of 35.91%. However, the company's most recent quarterly results for June 2025 showed a decline in key metrics, with net sales down 17.57% year-on-year to ₹341.41 crore, and Profit After Tax decreasing by 18.1% to ₹84.18 crore. In contrast, the company witnessed QoQ revenue growth of 42.04%, which is highest in the last 3 years.
Dividend History
Share India Securities has a history of distributing dividends to its shareholders. On July 30, 2025, the board approved the first interim dividend for the financial year 2025-26, with a payout of ₹0.30 per share. In the past 12 months, Share India Securities Ltd. has declared an equity dividend amounting to ₹1.25 per share. The company's dividend yield currently stands at 0.62%. The next ex-dividend date for Share India Securities is September 9, 2025.
Fund Raising and Expansion
In addition to the potential FCCB issuance, Share India Securities' finance committee recently approved a non-convertible debenture issuance of ₹50 crore through private placement. The company plans to issue up to 5,000 secured, listed, rated, taxable, and redeemable NCDs, each valued at ₹1,00,000, totaling ₹50 crore. These NCDs will carry a coupon rate of 10.50% per annum, payable monthly, and will mature over 712 days. The funds raised through these initiatives are expected to strengthen the company's funding structure and support its ongoing business growth.
Market Performance and Outlook
Share India Securities has shown an incredible burst of strength over the past two sessions, signaling a potential trend reversal. The stock has recently touched a new 52-week low of Rs 127.7 and has shown a day's high of Rs 135.3, outperforming its sector by 4.74%. The company's strong performance metrics, including a PE ratio of 12.02, a low PEG ratio of 0.05, an impressive ROCE of 128.75%, and a return of 198.13% over the past year, suggest that the company is undervalued.
The upcoming board meeting on October 30, 2025, is crucial for investors and stakeholders. The decisions made regarding the Q2 financial results, potential fund-raising through FCCBs, and the declaration of a second interim dividend will provide valuable insights into the company's future direction and prospects.