Sign in to fuzzto save your conversations, follow your research and come back anytime.

The Quarter story
The two most recent quarterly results, compared side-by-side.
Broking volumes and advisory pipelines drive top-line growth, while rising costs and NBFC capital pressures weigh on margins.
Broking ADTO grows from ₹12,345 Cr in Q1 FY26 to ₹18,019 Cr in Q1 FY27, confirming strong trading momentum.
PAT margin falls from 20.16% in Q1 FY26 to 19.00% in Q1 FY27, as rising administrative and payroll costs compress profitability.
Equity AUM composition rises from 45% in Q1 FY26 to 73% in Q1 FY27, reflecting a clear shift toward equity investments.
NBFC capital adequacy drops from 53.37% in Q1 FY26 to 43.36% in Q1 FY27, signaling a weakening capital buffer against risks.
Advisory order book climbs from ₹5.86 Cr in Q1 FY26 to ₹7.77 Cr in Q1 FY27, indicating a robust pipeline for future deals.
Provision coverage ratio declines from 48.90% in Q1 FY26 to 27.67% in Q1 FY27, leaving less cushion for potential loan defaults.
POSP network expands from 12,240 points in Q1 FY26 to 15,556 in Q1 FY27, strengthening retail payment reach.
MF AUM slips from ₹42,873 Cr in Q1 FY26 to ₹36,757 Cr in Q1 FY27, showing reduced investor appetite for mutual funds.
MSME loan portfolio surges from 14.34% in Q1 FY26 to 79.24% in Q1 FY27, highlighting a strategic focus on small business lending.
Active loan count falls from 15,770 in Q1 FY26 to 12,486 in Q1 FY27, indicating a contraction in the number of active borrowers.