Swastika Investmart Ltd (530585) — concall transcript | 30 June 2024

Swastika Investmart reported robust Q1 FY25 growth with PAT surging 265% YoY to Rs. 6.27 crores and revenue up 75% to Rs. 3,856 lakhs, driven by strong client additions and margin expansion to ~30%. Management highlighted strategic shifts toward technology-led scaling, including mobile app growth (100,000 users, 4.1 rating), SME IPO underwriting (28 deals, Rs. 72.5 crores raised), and expansion into GIFT City for international access. Margin trading facility (MTF) and investment banking are prioritized for future revenue, while cost discipline includes headcount reductions. The company emphasized reducing reliance on speculative traders and targeting high-ticket, long-term clients to double revenue to Rs. 230 crores.