Key Financial Figures - Standalone (Rs. in Crores)
Income:
- Revenue from operations: ₹1,448.22 (Q1 FY27) vs ₹268.20 (Q4 FY26) vs ₹1,210.40 (Q1 FY26)
- Other Income: ₹4.73 (Q1 FY27) vs ₹9.18 (Q4 FY26) vs ₹8.99 (Q1 FY26)
- Total Income: ₹1,452.94 (Q1 FY27) vs ₹277.98 (Q4 FY26) vs ₹1,219.39 (Q1 FY26)
Expenses:
- Finance Costs: ₹58.16
- Fees and commission expenses: ₹1.36
- Impairment on financial instruments: ₹69.43
- Employee Benefits Expenses: ₹15.26
- Depreciation, Amortization and Impairment: ₹2.26
- Others Expenses: ₹53.34
- Total Expenses: ₹200.69
Profitability:
- Profit before tax: ₹1,252.25
- Tax Expense: ₹137.44 (Current Tax: ₹6.40, Deferred Tax: ₹131.04)
- Profit for the period: ₹1,114.81
- Total Comprehensive Income: ₹2,597.88
Per Share Data:
- Basic EPS: ₹13.13
- Diluted EPS: ₹13.13
- Paid-up Equity Share Capital: ₹84.92 crores
Key Financial Figures - Consolidated (Rs. in Crores)
Income:
- Revenue from operations: ₹1,485.64
- Other Income: ₹4.73
- Total Income: ₹1,490.37
Profitability:
- Profit before tax: ₹1,246.98
- Share of loss of Associates: ₹(2.00)
- Tax Expense: ₹138.76
- Profit for the period: ₹1,108.22
- Total Comprehensive Income: ₹2,591.29
Per Share Data:
- Basic EPS: ₹13.05
- Diluted EPS: ₹13.05
Subsidiaries and Associates Included in Consolidation
The consolidated results include:
1. Open Elite Developers (formerly Reliance Commercial Finance Limited) - Wholly owned subsidiary
2. Authum Asset Management Company Private Limited - Wholly owned subsidiary
3. India SME Asset Reconstruction Company Limited - Subsidiary (from 17.06.2025)
4. Billion Dream Sports Private Limited - Wholly owned subsidiary (from 31.07.2025)
5. BIC Cello (India) Private Limited - Wholly owned subsidiary (from 22.11.2025)
6. Authum Foundation - Wholly owned subsidiary (from 19.01.2026)
7. Rivaara Labs Private Limited - Associate (from 30.10.2025)
Emphasis of Matter from Auditors
Open Elite Developers Limited:
- Company reported net profit of ₹0.99 crores but has accumulated losses of ₹902.66 crores as of June 30, 2026
- Negative net owned funds raise going concern doubts, but holding company provided comfort
- SEBI order dated August 22, 2024, levied ₹25 crores penalty and 5-year market ban
- Company appealed to SAT and obtained stay after depositing 50% penalty on December 9, 2024
- Next hearing scheduled for September 22, 2026
- ADT-4 matter under Section 143(12) pending with MCA
India SME Asset Reconstruction Limited:
- Results of 36 Trusts not consolidated as investments in Security Receipts written off per RBI Guidelines
- Underlying investment valued at NIL
Significant Notes
1. ED Inquiry: Enforcement Directorate has initiated inquiry into certain transactions of Reliance Commercial Finance Ltd. and Reliance Home Finance Ltd. prior to their acquisition by Authum. Company has submitted documents and continues to respond to queries. No impact on ongoing operations.
2. ESOP Grant: On April 17, 2026, company approved grant of 19,80,000 stock options under Employee Stock Option Scheme (ESOP) 2025.
3. Bonus Issue: During previous year on January 14, 2026, company allotted 67,93,80,400 bonus equity shares of face value ₹1 each, making EPS for quarter ended June 30, 2025, not comparable.
4. Segment Information:
- Investment Activity: Revenue ₹1,248.95 crores, Result ₹1,148.19 crores
- Lending Activity: Revenue ₹228.39 crores, Result ₹97.75 crores
- Rental Business: Revenue ₹4.53 crores, Result ₹1.81 crores
- ARC: Revenue ₹3.77 crores, Result ₹1.23 crores
5. Restatement: Subsidiary Open Elite Developers Limited restated accounts for deferred tax liability adjustment on WDV, resulting in restatement of Other Equity.
Investor Complaints
No investor complaints pending at beginning of quarter, no complaints received during quarter, no pending complaints at quarter end.