Key Decisions and Approvals

The Board of Directors at its meeting held on 29th May, 2026 (commencing at 05:00 PM and concluding at 06:30 PM) considered and approved the Audited Financial Results (Standalone & Consolidated) of the Company for the fourth quarter and financial year ended 31st March, 2026.

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Confirmation

Financial Results Summary (Standalone)

For the Quarter Ended 31st March, 2026 (Audited):

  • Total Revenue from Operations: ₹220.90 lakh
  • Total Expenses: ₹615.81 lakh
  • Loss Before Tax: ₹(394.91) lakh
  • Tax Expense: ₹(97.04) lakh (Current Tax: ₹(27.44) lakh, Deferred Tax: ₹(69.60) lakh)
  • Net Loss for the Quarter: ₹(297.87) lakh
  • Other Comprehensive Income: ₹(102.08) lakh
  • Total Comprehensive Income for the Quarter: ₹(399.95) lakh
  • Basic & Diluted EPS: ₹(0.09)

For the Financial Year Ended 31st March, 2026 (Audited):

  • Total Revenue from Operations: ₹457.89 lakh
  • Total Expenses: ₹742.06 lakh
  • Loss Before Tax: ₹(284.17) lakh
  • Tax Expense: ₹(71.52) lakh
  • Net Loss for the Year: ₹(212.65) lakh
  • Other Comprehensive Income: ₹(102.08) lakh
  • Total Comprehensive Income for the Year: ₹(314.73) lakh
  • Basic & Diluted EPS: ₹(0.09)

Comparative Figures (FY25 Audited):

  • Net Profit for FY25: ₹218.29 lakh
  • Basic & Diluted EPS for FY25: ₹0.07

Revenue Breakdown (FY26 Audited)

  • Interest Income: ₹457.80 lakh
  • Dividend Income: ₹0.09 lakh
  • Total Revenue from Operations: ₹457.89 lakh

Expense Breakdown (FY26 Audited)

  • Finance Costs: ₹182.42 lakh
  • Fees & Commission Expenses: ₹25.35 lakh
  • Employee Benefits Expenses: ₹5.19 lakh
  • Expected Credit Loss: ₹181.65 lakh
  • Other Expenses: ₹347.45 lakh

Key Balance Sheet Items (as of 31st March, 2026)

  • Paid-up Equity Share Capital: ₹3,181.28 lakh (Face Value: ₹1.00 per share)
  • Other Equity: ₹(95.55) lakh
  • Total Equity: ₹3,085.73 lakh
  • Total Financial Liabilities: ₹4,403.39 lakh
  • Total Assets: ₹6,086.76 lakh

Cash Flow Statement (FY26)

  • Net Cash From Operating Activities: ₹389.021 lakh
  • Net Cash Used In Investing Activities: ₹(378.153) lakh (Purchase of Investments: ₹378.153 lakh)
  • Net Cash from Financing Activities: ₹0.00 lakh
  • Net Increase in Cash & Cash Equivalents: ₹10.868 lakh
  • Closing Cash & Cash Equivalents: ₹24.470 lakh

Significant Notes to Accounts and Auditor Qualifications

The auditor's report includes emphasis of matter paragraphs drawing attention to the following notes in the financial results:

Note 6: Balances in Loan & Advances and Trade Receivable are subject to confirmation/reconciliation. Management does not expect material adjustments affecting the financial statement.

Note 7: Interest income is not recognized on outstanding advances of ₹280.83 lakh given to various parties due to absence of documentation to crystallize the interest rate. Management represents intent to recover advances with no interest income accounted.

Note 8: Interest income is not recognized on outstanding loans of ₹136.95 lakh given to various parties due to absence of documentation to crystallize the interest rate. Management is addressing this, and Expected Credit Loss (ECL) provision is accounted on these advances.

Note 9: The company retrospectively applied provisioning on standard assets as per RBI Master Direction for NBFCs (considering non-provisioning in previous periods as prior period error).

Note 11: The company made a provision for bad and doubtful debts amounting to ₹320.99 lakh during the year based on management's assessment of recoverability. The ultimate outcome depends on future realizations.

The auditor has solely relied on management's representation for the treatments and disclosures in Notes 7, 8, and 11.

Other Information

  • The company operates in a single business segment: "Finance & Investments".
  • The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).
  • The format complies with SEBI Circular No. CIR/CFD/CMD/15/2015 dated 30th November, 2015, modified per SEBI Circular dated 5th July, 2016, and NBFC (Division III) format of Companies Act, 2013.