Secmark Consultancy Ltd. – Company Report
1. Company Overview
Secmark Consultancy Ltd., founded in 2011 and headquartered in Mumbai, is a leading provider of consulting, technology, and outsourcing services to financial market participants. The company’s core competencies include regulatory compliance, risk management, operations, software development, IT infrastructure management, system audits, cybersecurity, and custom technology solutions. Secmark is known for guiding financial intermediaries through formation, licensing, compliance, and business management—serving a wide spectrum from brokers, DPs, wealth managers, and AIFs to banks, insurers, and NBFCs. The company operates with a team of 51–200 employees and is publicly listed on the NSE SME platform.
Key Highlights:
- Incorporated: 2011
- Headquarters: Mumbai, Maharashtra, India
- Employees: 51–200
- Certifications: ISO 9001; specialized in financial services consulting and technology
- Industry Focus: Financial intermediaries, stock/commodity brokers, wealth & portfolio managers, investment advisors, NBFCs, AIFs, insurance companies, exchanges
- Leadership: Ravi Vijay Ramaiya (MD & CEO), Sagar Mansukhbhai Thanki (CFO & ED)
- Listed: NSE SME; Market Cap (Aug 2025): ~₹360–380 crore
- Unique Strengths: Deep domain expertise, regulatory track record, technology-led solutions, broad B2B client base
2. Products and Services
- Compliance & Regulatory Advisory: SEBI, RBI, IRDA, and exchange regulations; licensing, onboarding, and periodic compliance for intermediaries
- Technology Solutions: Software development, system audit/cybersecurity, IT infra management, e-learning solutions, AML systems
- Outsourcing & Operations: Process management, back-office solutions, HR advisory, audit, and forensic/IT security
- Custom Platforms: “Compliancesutra” for process automation and audit/compliance tracking for financial entities
- Consulting for Market Entry: Turnkey setup and licensing for new brokers, DPs, PMS, AIFs, and fintech ventures
- Specialized Services: Anti-money laundering systems, digital onboarding, litigation/arbitration support, regulatory training
Secmark’s offering is “one-stop”—integrating technology and compliance for new and established financial service providers.
3. Recent News and Business Developments (2025)
Successful launch of new product lines in compliance technology and automation.
Expansion of B2B client base with major wins in wealth management, insurance, and NBFC tech.
Board reappointment of Sagar Mansukhbhai Thanki (ED, CFO) with revised remuneration—reflecting leadership continuity.
March 26, 2024:
- SecMark entered into a Software Purchase Agreement with Comtek Software Systems LLP to acquire a broad suite of financial sector software and IP, including:
- BusyWin Backoffice Share Accounting Software
- BusyCDSL – CDSL DP Backoffice Software
- BusyPFA – Personal Financial Accounting Software
- BusySign – Digital Signature Software
- BusySMS – SMS API Integration
- Arbitrage Backoffice Software
- Sub Broker’s Backoffice Software
- Document Management Software
- Domain name ‘comtek.in’ and related IP assets
- This strategic acquisition enables SecMark to expand its proprietary technology offerings and IP portfolio.
- A Consultancy Agreement was also executed with Comtek, providing ongoing development, maintenance, and technical support for the acquired software—ensuring smooth migration and enhanced product continuity for existing and future clients.
- SecMark entered into a Software Purchase Agreement with Comtek Software Systems LLP to acquire a broad suite of financial sector software and IP, including:
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹35.11 crore |
| Net Profit (PAT) | ₹4.29 crore |
| Operating Profit | ₹9.32 crore |
| Operating Profit Margin | 27% |
| Net Profit Margin | 12% |
| Earnings Per Share (EPS) | ₹4.12 |
| Dividend | None declared (growth focus) |
| Debt | Low leverage, strong balance sheet |