Key Decisions and Financial Results

The Board of Directors at its meeting held on October 9, 2026 (commencing at 5:25 PM and concluding at 6:00 PM) approved:

1. Unaudited Financial Results for the quarter and half year ended September 30, 2026. The statutory auditors, Borkar & Muzumdar, issued an unmodified limited review report on these results.

2. Interim Dividend of ₹2.00 per equity share (20% of face value of ₹10) for FY 2026-27.

3. Record Date fixed as October 16, 2026 for determining shareholder entitlement to the interim dividend. The dividend will be paid within 30 days from declaration to shareholders on record as of October 16, 2026.

Financial Performance Highlights (Amount in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹12,158.89
  • Total income: ₹12,814.27
  • Profit before tax: ₹7,990.21
  • Profit after tax: ₹5,918.63
  • Total comprehensive income: ₹5,917.42
  • Basic and diluted EPS: ₹2.97

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹23,779.03
  • Total income: ₹27,398.48
  • Profit before tax: ₹17,925.25
  • Profit after tax: ₹13,478.97
  • Total comprehensive income: ₹13,477.76
  • Basic and diluted EPS: ₹6.76

Comparative Figures (Quarter Ended September 30, 2025):

  • Revenue from operations: ₹10,392.34
  • Profit after tax: ₹4,871.33
  • EPS: ₹2.44

Balance Sheet Highlights (as of September 30, 2026):

  • Total assets: ₹91,361.43 lakhs
  • Investments: ₹82,106.28 lakhs
  • Cash and cash equivalents: ₹381.32 lakhs
  • Total equity: ₹83,555.34 lakhs
  • Paid-up equity share capital: ₹19,941.74 lakhs (face value ₹10 each)

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

  • Net cash from operating activities: ₹10,407.93 lakhs
  • Net cash used in investing activities: ₹(5,123.13) lakhs
  • Net cash used in financing activities: ₹(5,121.22) lakhs
  • Net increase in cash: ₹163.58 lakhs

Key Performance Indicators (KPIs)

Financial KPIs (Half Year Ended September 30, 2026):

  • Revenue from operations: ₹2.38 billion (not annualized)
  • Revenue yield: 0.20%
  • Operating margin: 0.15%
  • Total expense: 0.08%
  • Profit before tax: ₹1.79 billion
  • Profit after tax: ₹1.35 billion
  • PAT yield: 0.11%
  • Return on Net Worth: 17.05%

Operational KPIs (as of September 30, 2026):

  • Mutual fund QAAUM: ₹1,244.04 billion
  • B-30 MAAUM: ₹289.44 billion (23.59% of total)
  • MAAUM through Direct Plans: 28.00%
  • Equity-oriented QAAUM: ₹1,131.96 billion (90.99% of mutual fund QAAUM)
  • SIP accounts: 1.96 million
  • SIP monthly contribution: ₹6.76 billion
  • SIP month-end AUM: ₹411.19 billion
  • Distributors: 57,186
  • Folio count: 5.01 million