Financial Performance Highlights

FY 2025-26 vs FY 2024-25 (₹ in Lakhs)

  • Total Income: ₹1,717.65 (prev. ₹1,549.62) - Increase of 10.85%
  • Expenditure: ₹443.75 (prev. ₹501.24) - Decrease of 11.47%
  • Profit Before Tax & Exceptional Items: ₹1,273.90 (prev. ₹1,048.38) - Increase of 21.52%
  • Current Tax: ₹329.59 (prev. ₹220.71)
  • Profit After Tax: ₹944.31 (prev. ₹827.67) - Increase of 14.10%
  • EPS (Basic & Diluted): ₹6.08 (prev. ₹5.33)

Key Financial Position (as at 31.03.2026)

  • Loans (Net): ₹11,562 lakhs (prev. ₹11,887 lakhs)
  • Cash & Cash Equivalents: ₹2,237 lakhs (prev. ₹273 lakhs)
  • Borrowings: ₹5,045 lakhs (prev. ₹4,445 lakhs)
  • Total Assets: ₹13,888 lakhs (prev. ₹12,166 lakhs)
  • Share Capital: ₹1,554 lakhs (unchanged)
  • Reserves & Surplus: ₹6,797 lakhs (prev. ₹5,853 lakhs)

Financial Ratios

  • Interest Coverage Ratio: 4.18 (prev. 5.64)
  • Current Ratio: 31.70 (prev. 130.48)
  • Debt-Equity Ratio: 0.60 (prev. 0.58)
  • Operating Profit Margin: 97.53% (prev. 83.46%)
  • Net Profit Margin: 54.98% (prev. 53.41%)

Operational Highlights

  • Business Model: Non-deposit taking NBFC engaged in short-term and long-term financing to corporate and non-corporate entities
  • Income Sources: Primarily interest income (₹1,716.42 lakhs) with minor recovery of bad debts (₹1.23 lakhs)
  • Asset Quality: Gross NPA of ₹152 lakhs with provisions of ₹181 lakhs maintained as per RBI norms
  • Statutory Reserve: Transferred ₹188.86 lakhs to statutory reserve under Section 45-IC of RBI Act, 1934
  • Dividend: No dividend recommended for the year

Annual General Meeting Details

  • Date: September 25, 2026
  • Time: 3:00 PM IST
  • Mode: Virtual through Video Conferencing/Other Audio Visual Means
  • Business:

1. Adoption of audited financial statements for FY26

2. Re-appointment of Ms. Bhavika M Jain (DIN: 07704015) as director retiring by rotation

3. Appointment of M/s. Venkat and Rangaa LLP as statutory auditors for 5 years until 46th AGM

Shareholder Voting Information

  • Record Date: September 18, 2026
  • Closure of Register: September 19-25, 2026
  • E-voting Period: September 21 (9:00 AM) to September 24 (5:00 PM), 2026
  • Scrutinizer: M/s. A.K. Jain & Associates represented by Mr. Balu Sridhar

Board and Management Changes

  • Current Board Composition: 5 Directors (3 Promoter Non-Executive, 2 Independent)
  • Key Changes: Mr. Jadav Chand Jain Akash Jain (Independent Director) ceased due to demise on July 16, 2026
  • Key Managerial Personnel:
  • Mr. S Mohan Kumar Jain - CEO & CFO
  • Mr. Binod Kumar Chowdhury - Company Secretary

Director Shareholding (as at 31.03.2026)

  • Ms. Bhavika M Jain: 22,38,813 shares (14.41%)
  • Ms. Khushbu M Jain: 21,87,000 shares (14.08%)
  • Other directors: Nil shares

Regulatory and Compliance Matters

  • RBI Compliance: Company holds valid Certificate of Registration and generally complies with RBI directions
  • SEBI Compliance: Paid annual listing fees to BSE Limited
  • Secretarial Audit: Minor observations regarding implementation of SDD software and timely RBI return filings
  • Corporate Governance: Complied with SEBI LODR requirements; certificate from practicing company secretary obtained
  • CSR Spending: Spent ₹12 lakhs against requirement of ₹11.47 lakhs

Auditor Appointments

  • Statutory Auditors: M/s. Venkat and Rangaa LLP (FRN: 004597S) reappointed until 46th AGM
  • Secretarial Auditors: M/s. A.K. Jain & Associates
  • Internal Auditors: M/s. SSP Jain & Associates LLP

Other Significant Disclosures

  • Related Party Transactions: Loans from directors outstanding - Ms. Bhavika M Jain (₹3,000 lakhs), Ms. Khushbu M Jain (₹500 lakhs), Ms. Rekha M Jain (₹8 lakhs)
  • Contingent Liabilities: ₹7 lakhs for claims not acknowledged as debts
  • Capital Structure: Authorized capital ₹20 crores; Paid-up capital ₹15.54 crores (1,55,37,332 equity shares of ₹10 each)
  • Dematerialization: 96.47% shares held in demat form (1,49,89,557 shares)
  • Employee Benefits: No employee drawing remuneration ≥ ₹8.5 lakhs per month or ₹102 lakhs per annum