SANDESH (SANDESH) - MTF Margin Comparison

Exchange: NSE · Available on 1 brokers · Updated daily

Best MTF Rate: 31.10% on Share India(3.2x leverage)

SANDESH results, Q4 FY26

Quarter ended 2026-03-31

Showing Q4 FY26. Q1 FY27 results were due by now and are not in our data yet, so this is the latest quarter we can show rather than the latest that exists.

SANDESH reported revenue of Rs 211 crore in Q4 FY26, which rose 178.8% from the same quarter a year earlier. Net profit was Rs -35 crore, fell 473.8% year on year. EBITDA margin stood at -13.9%.

Metric	Q4 FY26	QoQ	YoY	Year ago
Revenue	210.98 Cr	+173.7%	+178.8%	75.68
EBITDA	-29.38 Cr	-158.7%	-287.5%	15.67
EBITDA margin	-13.9%	-121.4%	-167.1%	20.7%
Net profit	-34.54 Cr	-189.8%	-473.8%	9.24
EPS	-45.63	-189.8%	-474.0%	12.20

Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.

Fundamentals Snapshot

Fundamentals updated 16 AugSmall Cap

CMP

₹1,080

7.5

ROE

4.8%

ROCE

7.0%

Div Yield

0.46%

P/B

0.57

Mkt Cap

₹817 Cr

Fundamentals from the Downstox Value Screener (2,983-stock screener universe, updated daily). Not investment advice.

MTF Margin Comparison - SANDESH

BEST

Share India

31.10%

Margin Required

Leverage3.2x

You Pay₹3,110

You Get₹10,000

Interest9.99% p.a.

Max HoldUnlimited

SANDESH - Complete Broker Comparison

Parameter	Share India
MTF Margin	31.10%
Leverage	3.2x
You Pay (per ₹1L)	₹31,100
Broker Funds (per ₹1L)	₹68,900
Interest Rate (p.a.)	9.99%
Daily Interest Cost	see broker
Brokerage	₹20* For F&O Trade
Pledge Charges	20% upfront margin of the transaction value
Max Holding Period	Unlimited (maintain margins)
Max Borrowing Limit	No published limit
Auto Square-Off	Auto square-off on margin shortfall

SANDESH MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Share India

Your capital₹31,100

Broker funds₹68,900

Daily interest₹19

30-day cost₹566

Annual cost₹6,883

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in SANDESH with MTF?

If you invest

₹10,000

Stock value you hold₹32,154

Share India funds₹22,154

Margin used31.10%

If you invest

₹50,000

Stock value you hold₹1,60,772

Share India funds₹1,10,772

Margin used31.10%

If you invest

₹1,00,000

Stock value you hold₹3,21,543

Share India funds₹2,21,543

Margin used31.10%

Frequently Asked Questions - SANDESH MTF

What is the MTF margin for SANDESH?

Share India: 31.10%. The lowest margin is 31.10% on Share India, meaning you only need to pay ₹3110 to buy ₹10,000 worth of SANDESH shares.

Which broker is cheapest for SANDESH MTF?

For margin percentage, Share India offers the lowest at 31.10% (3.2x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on SANDESH MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy SANDESH on margin?

Yes, SANDESH (SANDESH) is available for Margin Trading Facility (MTF) on Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold SANDESH on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for SANDESH?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for SANDESH?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for SANDESH MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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About SANDESH (SANDESH) Margin Trading

SANDESH (SANDESH) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 1 major Indian brokers: Share India. MTF allows you to buy SANDESH shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 31.10% for SANDESH. This means you can buy ₹1,00,000 worth of SANDESH shares by paying just ₹31,100, with Share India funding the remaining ₹68,900.

MTF Interest Rates for SANDESH - Broker Comparison

The cost of holding SANDESH on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for SANDESH MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding SANDESH on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1913+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SANDESH directly through our Scalper Terminal.