Board Meeting Details

The Board of Directors meeting was held on Wednesday, May 27, 2026, commencing at 12:30 PM and concluding at 02:23 PM. The trading window for securities of the Company will open on Saturday, May 30, 2026.

Financial Results Approval

The Board approved the Audited Financial Statements including Balance Sheet, Statement of Profit & Loss, Cash Flow Statement and notes thereon for the financial year ended March 31, 2026, together with the Auditors' Report.

Key Financial Performance (Year Ended March 31, 2026 vs March 31, 2025)

  • Total Revenue: ₹1,250.11 lakhs (vs ₹516.99 lakhs in FY25)
  • Revenue from Operations: ₹1,223.15 lakhs (vs ₹485.91 lakhs in FY25)
  • Interest Income: ₹1,126.76 lakhs (vs ₹260.32 lakhs in FY25)
  • Fees and Commission Income: ₹96.39 lakhs (vs ₹25.59 lakhs in FY25)
  • Other Income: ₹26.96 lakhs (vs ₹31.09 lakhs in FY25)
  • Total Expenses: ₹1,143.70 lakhs (vs ₹460.34 lakhs in FY25)
  • Finance Costs: ₹201.29 lakhs (vs ₹21.96 lakhs in FY25)
  • Employee Benefit Expenses: ₹600.26 lakhs (vs ₹148.41 lakhs in FY25)
  • Depreciation and Amortization: ₹77.38 lakhs (vs ₹17.45 lakhs in FY25)
  • Impairment on financial instruments: ₹22.84 lakhs (vs ₹13.70 lakhs in FY25)
  • Profit before Tax: ₹106.41 lakhs (vs ₹56.65 lakhs in FY25)
  • Tax Expense: ₹39.37 lakhs current tax (vs ₹16.31 lakhs in FY25), (₹3.52) lakhs deferred tax (vs ₹3.15 lakhs in FY25), (₹2.37) lakhs tax of earlier year (vs ₹0.05 lakhs in FY25)
  • Profit after Tax: ₹73.33 lakhs (vs ₹37.14 lakhs in FY25)
  • Total Comprehensive Income: ₹75.63 lakhs (vs ₹37.14 lakhs in FY25)

Quarterly Performance (Q4 FY26 vs Q4 FY25)

  • Profit after Tax: ₹50.00 lakhs (vs ₹19.10 lakhs in Q4 FY25)
  • Total Comprehensive Income: ₹52.29 lakhs (vs ₹19.10 lakhs in Q4 FY25)

Capital Structure

  • Paid-up Equity Share Capital (Face Value Re. 1/- each): ₹2,271.40 lakhs as of March 31, 2026 (vs ₹1,874.40 lakhs as of March 31, 2025)
  • Reserves (excluding revaluation reserves): ₹4,375.89 lakhs as of March 31, 2026 (vs ₹3,478.76 lakhs as of March 31, 2025)

Earnings Per Share

  • Basic EPS: ₹0.03 for FY26 (vs ₹0.02 for FY25)
  • Diluted EPS: ₹0.03 for FY26 (vs ₹0.02 for FY25)

Assets and Liabilities Position (as at March 31, 2026)

  • Total Assets: ₹9,179.95 lakhs
  • Financial Assets: Includes trade receivables ₹741.53 lakhs, other receivables ₹513.14 lakhs, loans ₹37.79 lakhs
  • Non-Financial Assets: Property, plant and equipment ₹27.10 lakhs, Right of Use Asset ₹164.11 lakhs, other non-financial assets ₹537.12 lakhs
  • Financial Liabilities: Borrowings ₹2,215.56 lakhs, other financial liabilities ₹274.94 lakhs
  • Equity: Share capital ₹2,271.40 lakhs, other equity ₹4,375.89 lakhs

Cash Flow Statement (Year Ended March 31, 2026 vs March 31, 2025)

  • Net Cash from Operating Activities: (₹3,887.81) lakhs (vs (₹3,513.25) lakhs in FY25)
  • Net Cash used in Investing Activities: (₹547.82) lakhs (vs (₹203.11) lakhs in FY25)
  • Net Cash from Financing Activities: ₹3,318.56 lakhs (vs ₹5,194.20 lakhs in FY25)
  • Net Decrease in Cash: (₹1,117.06) lakhs (vs Increase of ₹1,477.84 lakhs in FY25)
  • Cash and Cash Equivalents - Closing Balance: ₹485.38 lakhs (vs ₹1,602.44 lakhs as of March 31, 2025)

Capital Raising Activity

On April 02, 2025, the Company allotted 8,66,20,000 convertible share warrants at an issue price of ₹4.31 per warrant, with a warrant subscription price of ₹1.0775 per warrant. Out of these, 3,97,00,000 convertible share warrants were converted into 3,97,00,000 equity shares of face value of ₹1 each up to March 31, 2026. This increased share capital by ₹397.00 lakhs and securities premium by ₹1,314.07 lakhs.

Business Segment

The Company is operating in a single segment.

Co-lending Arrangements

Disclosure on Co-lending arrangement (CLAs) in accordance with RBI Notification RBI/DOR/2025-26/352 DOR.STR.REC.271/21.04.048/2025-26 dated November 28, 2025:

  • Number of Active CLA Partners: 3
  • Gross principal outstanding: ₹901.79 lakhs as at March 31, 2026
  • Weighted average rate of interest: 18.00%
  • Fees received/paid: Nil
  • Broad Sectors: Loan Against property
  • Performance: Standard Loans ₹901.79 lakhs, Non-Performing Loan Nil
  • Default Loss Guarantee (DLG): Yes

The Company has not undertaken any Co-lending arrangements with Banks or NBFCs wherein the Company is Partner RE.

Regulatory Compliance Disclosures

  • Net Worth: ₹6,647.29 lakhs
  • Net profit after tax: ₹73.33 lakhs
  • Total debts to total assets: 0.247 (vs 0.16 in FY25)
  • Net profit margin: 5.87% (vs 7.18% in FY25)
  • Gross non-performing assets: 1.38% (vs 0.00% in FY25)
  • Net non-performing assets: 1.24% (vs 0.00% in FY25)
  • Capital to risk-weighted assets ratio: 71.13% (vs 85.30% in FY25)