Shikhar Consultants Ltd

SHIKHAR

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Market Cap

₹ 5 Cr

P/E

—

Turned 1 L into 6.46 L in last 1 Year

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Performance

MARKET LEADER

Valuation

REASONABLE

Growth

STABLE

Profitability

LOW MARGIN

Technicals

Neutral

Risk

MODERATE RISK

Investment Checklist

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Price

PE Ratio

Price

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Overview

Detailed Summary

Shikhar Consultants (SCL) is engaged in fee-based financial services, including public issue advice, project counseling, and capital structuring. Its core operations are based in Bombay.

The company's profitability is primarily driven by its share trading activities, amidst applying for an upgrade to category-I merchant banker status with SEBI.

Faced with adverse capital market conditions, SCL plans to diversify into merchant banking, underwriting, and management consultancy to stabilize growth.

SCL is exploring the acquisition of stock broker membership in premier exchanges and potential ventures into commodity trading and export activities.

Sector

Finance

Industry

NBFC-Others

Market Cap

5 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

34.5

PEG Ratio

—

P/B Ratio

3.0

52W High

11.62

52W Low

1.80

Sales CAGR

—

10Y

—

Profit CAGR

82.00%

—

10Y

—

ROE

TTM

-5.76%

-11.29%

-6.92%

10Y

-3.97%

ROCE

TTM

-3.69%

-8.48%

-5.70%

10Y

-3.47%

Technicals

Oscillators

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
BCLENTERPR	0.47	5 Cr	46.00	0.39	0.00	0.74	-0.22	0.68
LEADFIN	15.76	5 Cr	29.20	0.86	0.00	2.95	2.82	1.58
SHIKHAR	11.62	5 Cr	—	2.95	0.00	-5.76	-3.69	-3.41
GOYALASS	0.95	5 Cr	9.60	0.91	0.00	9.08	9.39	5.67
NIKKIGL	14.82	5 Cr	—	4.14	0.00	-12.16	-8.59	-1.54
CINDRELL	12.61	5 Cr	60.05	0.68	0.00	1.30	0.51	0.30
DHARFIN	10.50	5 Cr	7.30	0.51	0.00	7.01	9.12	6.66

Financial Statements

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Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.05	0.02	0.28	0.15	0.04	0.03	0.01	0.01	0.05	0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financing Profit	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
Financing Margin %	—	—	—	—	—	—	—	—	—	—
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
EPS in Rs	-0.11	-0.05	-0.61	-0.33	-0.09	-0.06	-0.02	-0.02	-0.11	-0.06
Gross NPA %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net NPA %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	0.08	0.00	0.00	0.00	0.00	0.08	0.00	0.00	0.00	0.00
Expenses	0.06	0.14	0.04	0.08	0.07	0.09	0.11	0.50	-0.00	0.10
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financing Profit	0.02	-0.14	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	0.00	-0.10
Financing Margin %	27.59	—	—	—	—	-6.42	—	—	—	—
Other Income	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	NaN
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	0.02	-0.13	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	-0.09	-0.10
Tax %	317.89	—	—	—	—	—	—	—	—	0.00
Net Profit	0.02	-0.13	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	-0.09	-0.10
EPS in Rs	—	-0.29	-0.07	-0.17	-0.16	-0.01	-0.24	-1.10	-0.19	-0.21
Dividend Payout %	—	—	—	—	—	—	—	—	—	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54
Reserves	-1.70	-1.69	-1.82	-1.86	-1.93	-2.00	-2.01	-2.12	-2.62	-2.71
Borrowings	0.35	0.03	0.05	0.07	0.13	0.19	0.16	0.29	0.84	0.92
Other Liabilities	0.04	0.07	0.16	0.08	0.08	0.10	0.14	0.11	0.16	0.18
Total Liabilities	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92
Total Assets	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-0.03	0.30	-0.04	-0.11	-0.08	-0.06	0.02	-0.14	-0.50	-0.09
Cash from Investing Activity	0.00	0.00	0.04	0.11	0.00	-0.00	0.00	0.00	-0.10	-0.01
Cash from Financing Activity	-0.04	-0.32	-0.00	0.02	0.07	0.06	-0.02	0.14	0.60	0.09
Net Cash Flow	-0.07	-0.02	0.00	0.01	-0.01	-0.00	0.00	0.00	0.01	-0.00

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%	41.62%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%	58.38%
Total Shareholders	3,304	3,304	3,304	3,303	3,303	3,302	3,302	3,302	3,302	3,302	3,303	3,294

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Aug 22, 2025	Vinita sunil patodia	Bulk	Sell	4.09	0.01 Cr	24,630	0.54

Projection

Actions

Action Type

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Announcements

Last 7 days

Newest

Sentiment

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Documents

Presentations

Concalls

Reports

Presentations

No documents found!

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Overview

Detailed Summary

Shikhar Consultants (SCL) is engaged in fee-based financial services, including public issue advice, project counseling, and capital structuring. Its core operations are based in Bombay.

The company's profitability is primarily driven by its share trading activities, amidst applying for an upgrade to category-I merchant banker status with SEBI.

Faced with adverse capital market conditions, SCL plans to diversify into merchant banking, underwriting, and management consultancy to stabilize growth.

SCL is exploring the acquisition of stock broker membership in premier exchanges and potential ventures into commodity trading and export activities.

Sector

Finance

Industry

NBFC-Others

Market Cap

5 Cr

Volatility

Low Risk

P/E Ratio

—

Industry P/E

34.5

PEG Ratio

—

P/B Ratio

3.0

52W High

11.62

52W Low

1.80

Sales CAGR

—

10Y

—

Profit CAGR

82.00%

—

10Y

—

ROE

TTM

-5.76%

-11.29%

-6.92%

10Y

-3.97%

ROCE

TTM

-3.69%

-8.48%

-5.70%

10Y

-3.47%

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.05	0.02	0.28	0.15	0.04	0.03	0.01	0.01	0.05	0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financing Profit	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
Financing Margin %	—	—	—	—	—	—	—	—	—	—
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	-0.05	-0.02	-0.28	-0.15	-0.04	-0.03	-0.01	-0.01	-0.05	-0.03
EPS in Rs	-0.11	-0.05	-0.61	-0.33	-0.09	-0.06	-0.02	-0.02	-0.11	-0.06
Gross NPA %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net NPA %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	0.08	0.00	0.00	0.00	0.00	0.08	0.00	0.00	0.00	0.00
Expenses	0.06	0.14	0.04	0.08	0.07	0.09	0.11	0.50	-0.00	0.10
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financing Profit	0.02	-0.14	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	0.00	-0.10
Financing Margin %	27.59	—	—	—	—	-6.42	—	—	—	—
Other Income	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	NaN
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	0.02	-0.13	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	-0.09	-0.10
Tax %	317.89	—	—	—	—	—	—	—	—	0.00
Net Profit	0.02	-0.13	-0.04	-0.08	-0.07	-0.01	-0.11	-0.50	-0.09	-0.10
EPS in Rs	—	-0.29	-0.07	-0.17	-0.16	-0.01	-0.24	-1.10	-0.19	-0.21
Dividend Payout %	—	—	—	—	—	—	—	—	—	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54	4.54
Reserves	-1.70	-1.69	-1.82	-1.86	-1.93	-2.00	-2.01	-2.12	-2.62	-2.71
Borrowings	0.35	0.03	0.05	0.07	0.13	0.19	0.16	0.29	0.84	0.92
Other Liabilities	0.04	0.07	0.16	0.08	0.08	0.10	0.14	0.11	0.16	0.18
Total Liabilities	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92
Total Assets	3.22	2.95	2.93	2.83	2.82	2.82	2.82	2.82	2.92	2.92

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-0.03	0.30	-0.04	-0.11	-0.08	-0.06	0.02	-0.14	-0.50	-0.09
Cash from Investing Activity	0.00	0.00	0.04	0.11	0.00	-0.00	0.00	0.00	-0.10	-0.01
Cash from Financing Activity	-0.04	-0.32	-0.00	0.02	0.07	0.06	-0.02	0.14	0.60	0.09
Net Cash Flow	-0.07	-0.02	0.00	0.01	-0.01	-0.00	0.00	0.00	0.01	-0.00