Elixir Capital September profit rises to Rs 5.7596 crore

Elixir Capital Limited reported consolidated profit after tax and minority interest of Rs 5.7596 crore for the quarter ended September 30, 2026, compared with Rs 1.7079 crore a year earlier. Total income increased to Rs 20.1752 crore from Rs 11.1797 crore, although profit declined from Rs 6.1352 crore in the June 2026 quarter.

How did Elixir Capital perform in the September 2026 quarter?

Elixir Capital recorded profit after tax and minority interest of Rs 5.7596 crore in the quarter ended September 30, 2026, up from Rs 1.7079 crore in the September 2025 quarter but down from Rs 6.1352 crore in the June 2026 quarter. Basic and diluted earnings per share, or EPS, were Rs 9.91, compared with Rs 2.94 a year earlier and Rs 10.56 in June 2026.

Profit before tax was Rs 10.6073 crore in the September 2026 quarter, against Rs 3.8555 crore a year earlier and Rs 12.1638 crore in the preceding quarter. Net profit after tax, before the minority-interest allocation, was Rs 7.7924 crore, compared with Rs 2.3113 crore in September 2025, while the minority-interest share was Rs 2.0325 crore versus Rs 0.6034 crore.

What drove Elixir Capital’s year-on-year income increase?

Elixir Capital’s income from operations increased to Rs 19.6829 crore in the September 2026 quarter from Rs 10.8571 crore in the September 2025 quarter, while it was Rs 20.3178 crore in June 2026. Other operating income was Rs 0.2553 crore, against Rs 0.2311 crore a year earlier, and other income was Rs 0.2369 crore, against Rs 0.0915 crore.

Total income rose by Rs 8.9955 crore year on year but declined by Rs 0.4457 crore from the June 2026 quarter. The filing says the activities of Elixir Capital and its subsidiaries relate to capital markets and that segment reporting is not applicable, so it provides no business-line, product or geographic income split.

For the half year ended September 30, 2026, total income was Rs 40.7961 crore, compared with Rs 23.2721 crore in the corresponding half of 2025. Income from operations was Rs 40.0007 crore versus Rs 21.6643 crore, while profit after tax and minority interest rose to Rs 11.8948 crore from Rs 4.4339 crore.

Which costs changed during the September quarter?

Elixir Capital’s total expenses were Rs 9.5679 crore in the September 2026 quarter, compared with Rs 7.3242 crore a year earlier and Rs 8.4571 crore in June 2026. The Rs 2.2437 crore year-on-year increase in expenses was below the Rs 8.9955 crore rise in total income, alongside the increase in profit before tax to Rs 10.6073 crore.

Employee-benefit expense was Rs 6.9151 crore, up from Rs 4.8845 crore in September 2025 and Rs 6.1182 crore in June 2026. Finance costs rose to Rs 0.8206 crore from Rs 0.5881 crore a year earlier and Rs 0.6759 crore sequentially, while legal and professional fees were Rs 0.5999 crore, against Rs 0.8335 crore and Rs 0.5448 crore respectively.

Other expenses were Rs 0.7175 crore in September 2026, compared with Rs 0.6121 crore a year earlier and Rs 0.7377 crore in June 2026. Communication and exchange-connectivity expenses were Rs 0.1896 crore, versus Rs 0.1847 crore in September 2025, and the consolidated statement did not report exceptional or extraordinary items for the quarter.

What changed in Elixir Capital’s balance sheet and cash flow?

Elixir Capital’s consolidated total assets stood at Rs 169.4133 crore at September 30, 2026, compared with Rs 131.1186 crore at March 31, 2026. Current assets increased to Rs 128.1312 crore from Rs 94.5846 crore, including inventories of Rs 80.9562 crore versus Rs 65.0487 crore, trade receivables of Rs 15.6810 crore versus Rs 4.8764 crore, and cash and cash equivalents of Rs 29.4902 crore versus Rs 18.8466 crore.

Non-current assets rose to Rs 41.2821 crore at September 30, 2026 from Rs 36.5340 crore at March 31, 2026. Investments were Rs 23.1138 crore against Rs 20.5133 crore, other financial assets were Rs 14.5054 crore against Rs 10.0172 crore, and the deferred-tax asset declined to Rs 0.3017 crore from Rs 2.7389 crore.

Net cash flow from operating activities was an outflow of Rs 7.0097 crore for the half year ended September 30, 2026, compared with an inflow of Rs 2.8300 crore for the year ended March 31, 2026. The cash-flow statement recorded a Rs 11.4838 crore increase in trade and other receivables and a Rs 15.9075 crore increase in inventories, while financing activities generated Rs 19.9296 crore, including Rs 22.4057 crore from short-term borrowings received or repaid as presented.

What did the auditor review of Elixir Capital’s results conclude?

Elixir Capital’s audit committee reviewed the consolidated unaudited results and its board approved them on November 6, 2026. The independent auditor said nothing had come to its attention that caused it to believe the statement for the quarter ended September 30, 2026 was materially misstated or did not make the required disclosures.

The consolidated group includes direct subsidiary Elixir Equities Private Limited and step-down subsidiaries Dipan Mehta Commodities Private Limited and Elixir Wealth Management Private Limited. The two step-down subsidiaries had combined total assets of Rs 66.3518 crore at September 30, 2026, quarterly revenue of Rs 15.1875 crore and quarterly net profit after tax of Rs 7.6812 crore, according to results reviewed by other auditors.

The auditor conducted a review under Standard on Review Engagements 2410, rather than a full audit, and described the work as providing moderate assurance. The filing also says prior-period figures were regrouped or recast where necessary and cautions that the September 2026 quarterly results are not indicative of full-year performance.

Conclusion

Elixir Capital’s September 2026 filing shows that total income rose to Rs 20.1752 crore from Rs 11.1797 crore a year earlier, lifting profit after tax and minority interest to Rs 5.7596 crore from Rs 1.7079 crore. Sequentially, however, income fell from Rs 20.6209 crore and profit after minority interest fell from Rs 6.1352 crore in June 2026.

The next disclosures will show whether the half-year operating cash outflow of Rs 7.0097 crore changes as receivables of Rs 15.6810 crore and inventories of Rs 80.9562 crore develop. The filing gives no earnings target or guidance and specifically notes that quarterly results are not indicative of full-year performance.