Company Overview
Alfred Herbert (India) Limited, an RBI-registered Non-Banking Financial Company (NBFC), reported exceptional financial performance for FY 2025-26, driven primarily by strategic property divestments and strong investment portfolio performance.
Financial Performance Highlights
Standalone Results:
- Net profit soared to ₹455.16 crore (FY25: ₹6.23 crore), representing a massive 7,200% increase
- Profit Before Tax reached ₹520.87 crore (FY25: ₹6.95 crore)
- Gross Income expanded to ₹44.77 crore (FY25: ₹10.25 crore)
- Earnings Per Share surged to ₹5,900.20 (FY25: ₹80.76)
Consolidated Results:
- Group net profit stood at ₹455.32 crore with similar exceptional gains
- Total comprehensive income reached ₹450.65 crore (FY25: ₹(0.63) crore loss)
Exceptional Items & Property Transactions
The company recognized an exceptional gain of ₹480.47 crore (net of transaction costs) from the sale of its Whitefield, Bengaluru property in May 2025. Additionally, the company completed development of its Kolkata property with LEED Platinum certification and sold two floors during the year, generating further property-related gains of ₹19.06 crore.
Investment Portfolio Performance
The investment portfolio delivered strong returns with:
- Net fair value gains of ₹18.76 crore (₹5.18 crore realized, ₹13.58 crore unrealized)
- Dividend income of ₹53.68 lakhs from equity investments
- Interest income of ₹607.37 lakhs primarily from fixed deposits and bonds
- Rental income of ₹48.65 lakhs
Dividend Declaration & Corporate Actions
The Board recommended a final dividend of ₹20 per equity share (200%) for FY26, aggregating ₹154.29 lakhs. The dividend is subject to shareholder approval at the 106th Annual General Meeting scheduled for August 28, 2026, with record date set for August 21, 2026 and payment expected on or after August 31, 2026.
Balance Sheet Strength
As of March 31, 2026:
- Total assets: ₹586.62 crore (Consolidated)
- Investments: ₹498.65 crore (largest asset component)
- Cash and cash equivalents: ₹19.73 crore
- Other bank balances (fixed deposits): ₹50.50 crore
- Investment property: ₹22.18 crore
- Total equity: ₹572.88 crore
Corporate Governance & Leadership
The Board comprises six directors with 100% attendance at all six meetings held during the year. Key management changes included the appointment of Ms. Trupti Upadhyay as CFO and Company Secretary effective December 29, 2025. The company maintains proper committee structures including Audit, Nomination & Remuneration, and Stakeholders Relationship committees.
Shareholding Pattern & Subsidiaries
Promoter holding remained stable at 73.86% with key shareholders including Ms. Anamika Lodha (28.59%), Ms. Simika Lodha (28.59%), and Mr. H.V. Lodha (5.65%). The group consists of two wholly-owned subsidiaries: Herbert Holdings Limited (investment operations) and Alfred Herbert Limited (discontinued manufacturing operations).
Regulatory Compliance & Contingencies
The company faced a BSE fine for delay in appointing a qualified Company Secretary but otherwise maintained clean regulatory standing. A provision of ₹108.34 lakhs was made for a rent demand dispute regarding Ballard Estate property, pending adjudication.
Forward Outlook
The company plans to continue leveraging its Strand Road property through lettings or sales while expanding its investment portfolio to enhance dividend and interest income. Despite global economic uncertainties, the outlook remains positive with focus on long-term value creation across equities, fixed income, real estate, and alternative assets.