What we do First Custodian Fund (I) Ltd, established in 1985, is a stockbroker and investor primarily dealing in shares and securities on the National Stock Exchange of India. |
Founded in 1,985 |
Market share A small-scale stockbroker and investor with a modest footprint in the securities market. |
Problem solved Provides brokerage services and investment opportunities for trading and investing in shares and securities in India's secondary market. |
Top clients or who we serve Retail and institutional investors seeking brokerage and investment services on the NSE; primarily B2B and B2C. |
Key management Manish Banthia (Whole Time Director & CFO), Giriraj Damani (Managing Director) with strong leadership tenure. |
Our journey and innovations Incorporated in 1985, consistent brokerage and investment services with steady growth; no major product innovation reported. |
Where we operate Operates primarily in India with membership and trading on the National Stock Exchange (NSE). |
Top products or what we offer Brokerage services in shares, trading in futures & options, and investment in securities. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely transaction-based, thus more cyclical reflecting market activity. |
Our industry position A small player in India's stock brokerage and securities investment sector with limited market share. |
Financial highlights Fiscal 2024-25: Revenue ₹3.05 Cr, Net Profit ₹1.74 Cr, with ~8% income and ~12% profit growth year-on-year. |
Geographical revenue split Revenue primarily generated from Indian stock market operations. |
Order book - |
Whats driving growth Growth driven by increased trading volumes and investment activities in India's equity and derivatives markets. |
Our future plans No major expansion; focus on steady operations and maintaining brokerage and investment services. |
Our green promise - |
Our people and values Small, committed employee base with a culture emphasizing ethical brokerage practices and compliance. |
Key challenges ahead Market volatility, regulatory changes, and economic cycles impacting brokerage revenues and securities investments. |
Interesting facts Operating since 1985 with a history of stable profitability and longstanding NSE membership. |
Risks and strategy Exposed to market and policy risks; mitigates through prudent trading and investment strategies. |
