Key Business Items Approved

  • Approval and adoption of standalone unaudited financial results for quarter and half year ended September 30, 2026, pursuant to Regulation 33 of SEBI Listing Regulations
  • Change in the Internal Auditors of the Company among other business items

Meeting Details

The Board Meeting commenced on October 29, 2026 at 01:30 p.m. and concluded on October 29, 2026 at 04:00 p.m.

Financial Results Overview

Quarterly Performance (Q2 FY27)

Revenue from Operations: ₹19,200.78 thousand

  • Interest Income: ₹17,501.51 thousand
  • Dividend Income: ₹589.11 thousand
  • Lease Income: ₹143.15 thousand
  • Fees and Commission Income: ₹524.37 thousand
  • Net gain on fair value changes: ₹442.64 thousand

Total Income: ₹19,233.68 thousand

Total Expenses: ₹11,430.32 thousand

Profit Before Tax: ₹7,803.36 thousand

Tax Expense: ₹2,102.17 thousand

Net Profit: ₹5,849.52 thousand

EPS (Basic & Diluted): ₹0.03

Half-Yearly Performance (H1 FY27)

Revenue from Operations: ₹36,227.57 thousand

  • Interest Income: ₹31,069.66 thousand
  • Dividend Income: ₹589.11 thousand
  • Lease Income: ₹451.95 thousand
  • Fees and Commission Income: ₹833.39 thousand
  • Net gain on fair value changes: ₹2,800.14 thousand
  • Impairment on financial instruments reversal: ₹483.32 thousand

Total Income: ₹36,409.81 thousand

Total Expenses: ₹21,193.44 thousand

Profit Before Tax: ₹15,216.37 thousand

Tax Expense: ₹3,371.43 thousand

Net Profit: ₹11,464.15 thousand

EPS (Basic & Diluted): ₹0.06

Comparative Financial Performance

Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue decreased from ₹17,765.02 thousand to ₹19,200.78 thousand
  • Net profit decreased from ₹8,953.05 thousand to ₹5,849.52 thousand

Half-Yearly Comparison (H1 FY27 vs H1 FY26):

  • Revenue increased from ₹29,387.30 thousand to ₹36,227.57 thousand
  • Net profit decreased from ₹12,378.96 thousand to ₹11,464.15 thousand

Balance Sheet Position (as of September 30, 2026)

Total Assets: ₹506,437.46 thousand

Financial Assets: ₹497,976.80 thousand

  • Cash and Cash Equivalents: ₹67,289 thousand
  • Bank Balance other than cash equivalents: ₹1,617 thousand
  • Trade Receivables: ₹5 thousand
  • Loans: ₹454,679.80 thousand
  • Investments: ₹38,794.57 thousand
  • Other Financial Assets: ₹381,337 thousand

Non-Financial Assets: ₹8,460.68 thousand

  • Deferred tax assets (Net): ₹1,270.80 thousand
  • Property, Plant and Equipment: ₹3,319.52 thousand
  • Other Non-Financial Assets: ₹3,870.35 thousand

Liabilities and Equity: ₹506,437.46 thousand

Financial Liabilities: ₹187,793.49 thousand

  • Trade Payables: ₹32,354 thousand
  • Debt Securities: ₹129,900.00 thousand
  • Borrowings (Other than Debt securities): ₹52,551.01 thousand
  • Deposit: ₹400.00 thousand
  • Other Financial Liabilities: ₹46,189.45 thousand

Non-Financial Liabilities: ₹1,540.21 thousand

  • Current Tax Liabilities (Net): ₹369.41 thousand
  • Other Non-Financial Liabilities: ₹1,170.80 thousand

Equity: ₹317,103.76 thousand

  • Equity Share Capital: ₹189,767.75 thousand
  • Other Equity: ₹127,336.01 thousand

Cash Flow Statement (Half Year Ended September 30, 2026)

Cash Flow from Operating Activities: (₹93,985.89) thousand

  • Cash generated from operating activities before working capital changes: ₹16,389.58 thousand
  • Working capital changes: (₹106,555.95) thousand
  • Direct Taxes Paid: (₹3,819.52) thousand

Cash Flow from Investing Activities: ₹2,274.78 thousand

  • Capital repayment received from investment: ₹270.00 thousand
  • Purchase of investments: (₹127,043.71) thousand
  • Purchase of Property, plant & Equipments: (₹150.47) thousand
  • Investment in FD: (₹7,979.69) thousand
  • Sale of Property, plant & Equipments: ₹1,758.03 thousand
  • Sale of investments: ₹8,376.91 thousand

Cash Flow from Financing Activities: ₹90,566.54 thousand

  • Loans raised (net): ₹91,351.01 thousand
  • Principal payment on lease liability: (₹170.62) thousand
  • Interest payment on lease liability: (₹613.86) thousand

Net decrease in Cash and Cash Equivalents: (₹1,144.57) thousand

Additional Information

  • The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors
  • CGCA & Associates LLP conducted limited review of the results pursuant to Regulation 33 of SEBI Listing Regulations
  • The Company operates primarily in a single business segment of Financing activities
  • Figures for previous periods have been regrouped/rearranged to conform to current period classification