Trust Securities & Brokerage Limited (TSBL) financial ratios

Trust Securities & Brokerage Limited earned a net margin of 30.5% in FY2026 against a five-year average of 10.1% (Inv. Banks / Inv. Cos. / Securities Cos. median 35.1%). Return on equity was 20.4%, compared with a sector median of 18.1%. The current ratio stood at 2.42× and debt was 3.5% of equity. Cash took about 538 days to cycle through receivables, inventory and payables.

FY2026 vs the Inv. Banks / Inv. Cos. / Securities Cos. median

Net margin: 30.5%; Sector median 35.1%
Return on equity (ROE): 20.4%; Sector median 18.1%
Return on assets (ROA): 11.0%; Sector median 7.8%
Debt to equity: 3.5%; Sector median 30.4%
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 34 companies in the sector with the figure for their latest fiscal year.

TSBL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 * Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016
Profitability
Pre-tax margin	37.9%	9.4%	26.6%	(6.2%)	(7.8%)	32.9%	27.8%	(69.1%)	(616.0%)	(30.5%)	185.4%
Net margin	30.5%	7.2%	26.6%	(6.3%)	(7.8%)	27.2%	32.1%	(71.0%)	(628.5%)	(32.1%)	182.6%
Effective tax rate	19.4%	22.7%	0.0%	—	—	17.4%	(15.6%)	—	—	—	1.5%
Returns
Return on equity (ROE)	20.4%	5.1%	26.2%	(3.6%)	(4.6%)	34.6%	18.6%	(12.9%)	(18.0%)	(19.4%)	—
Return on assets (ROA)	11.0%	2.4%	14.0%	(2.0%)	(2.4%)	19.3%	12.9%	(10.1%)	(14.4%)	(7.6%)	—
Leverage
Debt to equity	3.5%	17.9%	23.7%	23.1%	23.0%	18.0%	1.7%	0.0%	4.6%	—	—
Debt to capital	3.3%	15.2%	19.2%	18.8%	18.7%	15.2%	1.7%	0.0%	4.4%	—	—
Debt to assets	2.1%	7.7%	12.2%	13.1%	12.8%	8.9%	1.2%	0.0%	4.0%	—	—
Assets to equity	1.85×	2.13×	1.87×	1.78×	1.91×	1.79×	1.44×	1.28×	1.25×	2.55×	—
Dividends
Dividend payout ratio	0.0%	0.0%	0.0%	—	—	0.0%	0.0%	—	—	—	0.0%
Earnings retention rate	1.00×	1.00×	1.00×	—	—	1.00×	1.00×	—	—	—	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

TSBL: frequently asked questions

What is TSBL's EPS?

Trust Securities & Brokerage Limited reported basic earnings per share of Rs 0.23 for FY2026 (Jul 2025 – Jun 2026).

What is TSBL's P/E ratio?

At the closing price of Rs 2.23 on 16 Oct 2026, TSBL trades at a P/E of 9.7× based on EPS of Rs 0.23 (FY2026).

Does TSBL pay dividends?

Trust Securities & Brokerage Limited did not declare a cash dividend for FY2026.

What was TSBL's revenue and profit in FY2026?

Trust Securities & Brokerage Limited reported revenue of Rs 449.1 mn and profit attributable to shareholders of Rs 137.2 mn for FY2026 (Jul 2025 – Jun 2026).

What is TSBL's book value per share?

Trust Securities & Brokerage Limited's book value per share was Rs 1.28 at the end of FY2026. The shares trade at 1.74× book value.

Information only, not investment advice.