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Share India Securities Limited (SISL) reported a stellar set of numbers for Q4 and FY21. Registers highest ever PAT of INR 80.7cr

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Share India Securities Limited (BSE: 540725) (SISL, NSE: SHAREINDIA), one of India’s leading tech based financial conglomerate announced a strong set of financial results for the quarter and year ended March 31st 2021 on Tuesday, May 25, 2020. Share India’s reported it’s highest ever PAT of INR 80.7cr with EPS of 25.3 for FY21. PAT margin remain stable at 18%. Final dividend of INR 0.5 declared to take full year dividend to INR2.

SISL is a key player in Indian derivative market segment with ~7% share of option premium turnover and 3% of future turnover in NSE. SISL over last few years have diversified into NBFC, Insurance Broking and Wealth Management. Share India is a pioneer when it comes to technology and has maintained its potion because of constant innovation and R&D. All its platforms are machine learning enabled and based on in-house technology.

Performance Highlights (Consolidated):

  • Consolidated PAT at INR 80.7cr for FY21 increased 98% YoY; Q4 FY21 PAT at INR 35.8cr was up 114% YoY and 103% QoQ
  • Consolidated Revenue for FY21 at INR 448cr increased 98% YoY; Q4 FY21 Revenue at INR 191cr was up 123% YoY and 83% QoQ
  • EPS for FY21 was 25.31 (increased from 12.8 in FY20); EPS for Q4 FY21 was 11.23 (Q4FY20 5.24, Q3FY21 5.52)
  • RoAE was 34.1% for FY21

Performance Highlights (Standalone):

  • Standalone PAT for FY21 at INR 67.2cr 101% YoY; Q4 FY21 PAT at INR 29.7cr was up 102% YoY and 96% QoQ
  • Standalone Revenue for FY21 at INR 383cr increased 83% YoY; Q4 FY21 Revenue at INR 150cr was up 83% YoY and 69% QoQ
  • EPS for FY21 was 21.1 (increased from 10.5 in FY20); EPS for Q4 FY21 was 9.3 (Q4FY20 4.6, Q3FY21 4.76)
  • RoAE was 30% for FY21

Business Highlights:

  • Broking: Cash ADTO increased 57% to INR ~1,350cr, F&O ADTO increased 51% to INR ~4,350cr for FY21; 142 new AP/branches added in FY21. Client based broking revenue increased more than 1x in FY21 with revenue share of more than 20%.
  • NBFC: Loan book at INR 78cr (FY20 INR 61cr); strong ground network led to minimal credit cost due to Covid outbreak. Branch count – 14 for Mar’21.
  • Insurance Broking/Wealth Management: No. of lives covered – 22,955 (FY21), Insurance premium received – INR 18cr, AUM – INR 160cr

Commenting on the successful results, Mr. Kamlesh Vadilal Shah, Managing Director, SISL, said:

“FY 21 was a landmark year for Share India in many ways, including expansion of product portfolio, synergy in operation post acquisition of Total Securities Limited, listing on main board of NSE in addition to BSE, acquisition of Total Commodities Limited, expanding operations in overseas market through W.O.S. in Singapore and the list may go on and on.

On financial performance part – we had a memorable year whereby our revenue and profits grew by ~100 % compared to previous year. We are well placed for future consolidation in industry and maintain market leadership. We consider this as new beginning and with focused strategy which gives us confidence for a stronger year ahead. We are optimistic to achieve ~35% CAGR in revenue for next three years. Our focus will continue to be on technology including artificial intelligence. We are now known as full fledge fintech financial service provider.”

Mr. Sachin Gupta, CEO and Whole Time Director, said:

“This year is a testimony to our strong focus on technology led by constant innovation and R&D. Our client based broking revenue increased more than 1x to INR 82cr. There was an additional INR 7 mn software charges. We have grown from a traditional stock broker to now a hi-tech financial service provider. Company leverages on the artificial intelligence & financial technology based products to deliver superior products to our clients.

In alignment to our vision to be a complete financial service provider, we expanded our operations this year in the NBFC business, insurance broking, merchant banking and mutual funds distribution as well. In the upcoming times, we expect to multiply our growth and have strong foothold in being a complete financial service provider. We expect to maintain our current return ratios in our future growth as well. We are committed to continue on our strategic priorities to maximize shareholders value and thank all our stakeholders for their continuous support.”

About Share India Securities Limited:

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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