Financial Results Highlights (Standalone)

For Quarter Ended March 31, 2026:

  • Total Revenue: ₹5.65 lakhs
  • Total Expenses: ₹169.87 lakhs
  • Loss Before Tax: ₹(164.22) lakhs
  • Tax Expense (Deferred Tax): ₹36.17 lakhs
  • Net Loss for the Quarter: ₹(128.05) lakhs
  • Basic and Diluted EPS: ₹(1.23)

For Financial Year Ended March 31, 2026:

  • Total Revenue: ₹5.65 lakhs
  • Total Expenses: ₹262.44 lakhs
  • Loss Before Tax: ₹(256.79) lakhs
  • Tax Expense (Deferred Tax): ₹36.17 lakhs
  • Net Loss for the Year: ₹(220.61) lakhs
  • Basic and Diluted EPS: ₹(2.21)
  • Accumulated Losses: ₹519.77 lakhs (Previous year: ₹299.16 lakhs)

Expense Breakdown (FY2026)

  • Employee Benefits Expense: ₹52.90 lakhs
  • Depreciation and Amortization: ₹0.22 lakhs
  • Other Expenses: ₹209.31 lakhs

Capital Structure

  • Paid-up Equity Share Capital: ₹15.00 lakhs (1,50,027 equity shares of ₹10 each)
  • Previous Year Paid-up Capital: ₹5.00 lakhs (50,009 equity shares)

Cash Flow Statement (FY2026)

  • Cash Used in Operating Activities: ₹(144.66) lakhs
  • Cash Used in Investing Activities: ₹(329.82) lakhs
  • Cash from Financing Activities: ₹1,127.22 lakhs
  • Net Increase in Cash: ₹145.90 lakhs
  • Cash and Equivalents at Year End: ₹146.33 lakhs

Significant Events

1. Rights Issue: The company completed a Rights Issue of 1,00,018 equity shares of ₹10 each in the ratio of 2:1 at an issue price of ₹21 per share, aggregating to ₹21.00 lakhs. The allotment was made between January 09, 2026 and January 19, 2026.

2. Name Change: The company changed its name from "Avasara Finance Limited" to "BYLD Capital Finance Limited" effective 12th May, 2026, following approval from shareholders, Reserve Bank of India, and BSE Limited. The CIN remains unchanged as L74899MH1994PLC216417.

Management Commentary

The management is hopeful of improving performance by exploring various avenues of enhancing revenue. These measures are expected to improve performance, justifying the going concern basis of accounting.

Additional Information

  • Segment reporting under Indian Accounting Standards 108 is not applicable as the company operates in one segment
  • The financial results are available on the company's website (www.trcfin.in) and BSE website (www.bseindia.com)
  • The Compliance Certificate confirmed that financial statements contain no materially untrue statements, no fraudulent transactions were entered into, and internal controls for financial reporting were maintained