Algoquant Fintech Ltd Q1 FY27 Results

ALGOQUANTQ1 FY27 ResultsAnnounced 14 Aug, 6:58 pm

Result:Very Good· Market: FlatBroad basedMargin expansionRecord quarter

Metric	Value	Q4 FY26	Q1 FY26
Revenue	77.87 Cr	0.8%	42.9%
Total Income	77.88 Cr	0.8%	42.9%
Expenditure	55.76 Cr	7.3%	16.3%
PBT	22.11 Cr	29.0%	237.6%
Net Profit	16.48 Cr	1.9%	271.0%
OPM	33.64%	5.51pp	16.44pp
NPM	21.16%	0.58pp	13.01pp
EPS	0.59	1.7%	268.8%

View full financials

Core proprietary trading revenue (the sector metric here) rose 42.9% YoY driving PAT up 271% with operating margin expanding to ~33.7% from 17.2%, a standout print at a 6-quarter revenue high and second-highest PAT in 6 quarters, tempered only by the inherently market-linked/volatile nature of the trading-gains-led topline.

Q1 FY-2027 RESULTS · AQFINTECH

Algoquant Fintech Q1FY27: consol PAT +271% YoY, OPM nearly doubles to 33.7%

PAT +271.05% YoY · revenue +42.89% · margins expanding

14 Aug 2026 · 3 min read

Revenue

₹77.87 Cr

+42.89% YoY

PAT (consolidated)

₹16.48 Cr

+271.05% YoY

Net margin

21.16%

+13pp YoY

EPS

₹0.59

Algoquant Fintech's consolidated Q1 FY27 print shows revenue of ₹77.87 Cr, up 42.9% YoY (flat QoQ, +0.8%), and PAT of ₹16.48 Cr, up 271% YoY but down 1.9% QoQ. The YoY jump is the number that matters: it is driven overwhelmingly by the core proprietary trading book — "net gain on fair value changes" rose to ₹69.20 Cr from ₹46.47 Cr a year ago (+48.9%), and remains ~89% of total revenue, so the topline is inherently market-linked and volatile rather than annuity-like. Operating margin (EBITDA/revenue) expanded sharply to ~33.7% from 17.2% YoY and from 28.1% QoQ, while net margin was roughly steady at 21.2% (21.7% QoQ, 8.2% YoY) because the effective tax rate normalized to 25.5% this quarter versus an unusually low ~2% in Q4FY26 (a large one-off deferred-tax credit that quarter) and a much higher ~32% a year ago — this tax-rate swing, not any operating slowdown, explains the small QoQ dip in PAT despite expanding operating margins.

The scoreboard

Q1 FY-2027 vs prior quarters

Consolidated P&L, ₹ Crore

	Q1 FY-2027	QoQ	YoY
Revenue	₹77.87 Cr	+0.8%	+42.9%
Expenses	₹55.76 Cr	-7.3%	+16.3%
PAT	₹16.48 Cr	-1.9%	+271.05%
Net margin	21.16%	-0.6pp	+13pp
EPS	₹0.59	-1.7%	+268.7%

There is no analyst coverage or consensus estimate available for this microcap (a targeted search turned up none), so vsStreet is unknown; the company also carries no formal prior guidance or outlook on record, so the print cannot be graded against management's own targets. Management's filing carries no separate press release or commentary beyond the standard board-outcome letter. Standalone and consolidated tell the same story (PAT ₹16.52 Cr standalone vs ₹16.48 Cr consolidated, a <1% gap) — the two loss-making subsidiaries (Growth Global Securities IFSC and Algoquant Global Securities) remain immaterial to the group number.

₹

The tape into the print — daily closes, last 3 months

The stock went into the print at ₹66, up 1.3% over the past month of trading.

₹ Cr

Quarterly consolidated PAT, ₹ Crore

For context: this is the second-highest quarterly PAT of the last 6 quarters; revenue is at a 6-quarter high.

Beyond the headline

What the summary numbers don't show

EPS ₹0.59 basic (consolidated), up from ₹0.16 YoY, flat versus ₹0.60 QoQ

No exceptional or one-off items (asset sales, write-backs, legal settlements) are disclosed in either statement.

W1
Effective tax rate trajectory — 25.5% this quarter vs an anomalous ~2% in Q4FY26 and ~32% a year ago; this alone will swing PAT even if PBT holds steady
W2
Durability of the ₹69.20 Cr net gain on fair value changes (89% of revenue) into Q2FY27 — this is a mark-to-market trading line, not contracted revenue
W3
Scale-up or continued drag from nil-revenue subsidiaries Growth Global Securities (IFSC) and AQ Capital Services, which posted a combined ₹4.09 lakh loss this quarter