Ludhiana: Master Trust Limited (MASTERTR, BSE: 511768), a diversified financial services company offering broking, lending, wealth management, portfolio management, and investment solutions through a strong digital platform, has reported its Unaudited Financial Results for Q2 FY27.

Key Consolidated Financial Highlights

  • Total Income of ₹1,536.78 Mn, YoY growth of 21.13%
  • EBITDA of ₹663.66 Mn, YoY growth of 14.44%
  • EBITDA Margin of 43.19%
  • PAT of ₹382.97 Mn, YoY growth of 21.94%
  • PAT Margin of 24.92%, YoY improvement of 16 Bps
  • EPS of ₹3.10, YoY growth of 14.81%

Consolidated Revenue Mix by Business Segment

  • Principal Strategies: Contributed ₹652.06 Mn, accounting for 42.43% of total revenue, registering 35.19% YoY growth during Q2 FY27, supported by strong performance in investment and trading activities.
  • Brokerage & Allied: Generated revenue of ₹351.45 Mn, contributing 22.87% to total revenue and recording 11.63% YoY growth in Q2 FY27, driven by a healthy contribution from brokerage-related services and allied activities.
  • Interest Income and MTF & Allied together contributed 29.63% of total revenue, generating ₹455.31 Mn, with combined growth of 22.30% YoY and 13.52% QoQ, supported by healthy traction in interest-generating and margin funding activities.
  • Asset Management (PMS) contributed ₹19.28 Mn during the quarter, while Insurance Broking contributed ₹4.84 Mn, adding to the Company’s diversified revenue streams.
  • Wealth Management Income increased to ₹17.35 Mn, registering 74.72% QoQ growth, highlighting improved contribution from wealth management operations.

Commenting on the performance Mr. Harjeet Singh Arora, Managing Director of Master Trust Limited and Master Capital Services Limited said, “During the quarter, we continued to focus on active and better-capitalised clients, strengthening our per-client revenue potential and MTF business amid evolving derivatives market conditions. Our strategy remains centred on improving client engagement and delivering sustainable business growth.

Financially, during Q2 FY27, the Company reported Total Income of ₹1,536.78 Mn, registering 21.13% YoY growth, while EBITDA stood at ₹663.66 Mn, with an EBITDA Margin of 43.19%. Net Profit increased by 21.94% YoY, reflecting sustained financial performance and growth momentum.

Looking ahead, we remain focused on enhancing client engagement through digital platforms and our dealer network, growing the margin trading book, and increasing contributions from distribution and wealth management products. We remain committed to disciplined capital allocation, operational efficiency and creating long-term value for our stakeholders.”