Small-Cap Stock Gets Shareholders’ Nod To Raise $50 Mn After Paying Dividends 4 Times In 2025

At the company's first Extra-Ordinary General Meeting (EGM) for the fiscal year 2025-2026, which took place on December 17, 2025, Share India Securities Limited notified the stock exchanges that its members agreed to a significant fund-raising proposal. The company revealed that shareholders approved a special resolution to raise funds through the issuance of Foreign Currency Convertible Bonds (FCCBs) totalling up to USD 50 million in one or more tranches.

According to the corporation, its Finance Committee will decide on the specific terms and conditions of the FCCBs at the time of issuance, including pricing and conversion-related matters, and will be submitted to the stock exchanges in accordance with applicable laws and regulatory requirements, as per a regulatory filing.

The above fundraising move came after the company paid dividend 4 times to its shareholders in 2025. The company declared a first interim dividend of Rs 0.20 for which the record date was 03/02/2025, 2nd interim dividend of Rs 0.30 with a record date of 05/08/2025, 3rd payout as final dividend of Rs 0.25 with record date 10/09/2025 and 4th payout as interim dividend of Rs 0.40 for which the record date was 06 Nov 2025.

In terms of financials, the company's long-term historical profit and loss data demonstrates notable growth over the last ten years, with revenues climbing from modest levels in the mid-2010s to over Rs 1,449 crore in FY2025.

Despite a short-term TTM decline, Screener's compound growth measures show robust medium-term sales and profit growth, such as ~45% 5-year sales CAGR and ~51% 5-year profit CAGR. With TTM revenue of Rs 1,264 crore, the company's revenue increased significantly from Rs 74 crore in FY2016 to a peak of Rs 1,483 crore in FY2024 before slightly declining to Rs 1,449 crore in FY2025.

Operating profit increased from Rs 14 crore in FY2016 to Rs 657 crore in FY2024, but it moderated to Rs 517 crore in FY2025 and Rs 481 crore on a TTM basis. Operating margins, which had previously reached as high as 45-49%, were approximately 36% in FY2025 and ~38% TTM.

Similar trends were seen in the net profitability of Share India Securities, which increased from Rs 6 crore in FY2016 to Rs 426 crore in FY2024 before falling to Rs 328 crore in FY2025 and Rs 278 crore TTM as per Screener. This resulted in EPS of Rs 22.22 in FY2024, Rs 15.01 in FY2025, and Rs 12.72 on a TTM.

Despite current TTM data showing contraction due to market fluctuation, the firm has demonstrated outstanding compound growth over the medium term, with ~45% 5-year sales CAGR and ~51% 5-year profit CAGR.

Founded in 1994, Share India Securities (SISL) is a multifaceted Indian financial services company and SEBI-registered Category-1 Merchant Banker providing advisory services that are well-known for dealing in the business of broking and financial markets.