Financial Performance Highlights

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from operations: ₹691.77 lakh
  • Other income: ₹89.79 lakh
  • Total income: ₹781.57 lakh
  • Finance cost: ₹173.54 lakh
  • Employee benefits expense: ₹14.48 lakh
  • Depreciation & amortization: ₹5.01 lakh
  • Impairment of financial instruments: ₹7.00 lakh
  • Other expenses: ₹89.56 lakh
  • Profit before tax: ₹491.99 lakh
  • Tax expense: ₹118.20 lakh (Current tax: ₹115.41 lakh, Deferred tax: ₹2.79 lakh)
  • Net profit: ₹373.78 lakh
  • Other comprehensive loss: ₹(28.20) lakh
  • Total comprehensive income: ₹345.58 lakh
  • Basic and diluted EPS: ₹6.51 (face value ₹10 each)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from operations: ₹1,320.44 lakh
  • Other income: ₹250.80 lakh
  • Total income: ₹1,571.25 lakh
  • Finance cost: ₹486.69 lakh
  • Employee benefits expense: ₹23.23 lakh
  • Depreciation & amortization: ₹10.02 lakh
  • Impairment of financial instruments: ₹205.62 lakh
  • Other expenses: ₹177.91 lakh
  • Profit before tax: ₹667.79 lakh
  • Tax expense: ₹128.76 lakh (Current tax: ₹166.25 lakh, Deferred tax: ₹(37.49) lakh)
  • Net profit: ₹539.02 lakh
  • Other comprehensive loss: ₹(92.38) lakh
  • Total comprehensive income: ₹446.64 lakh
  • Basic and diluted EPS: ₹9.39 (face value ₹10 each)

Comparative Performance

Quarterly Comparison (Q2 FY27 vs Q2 FY26):

  • Revenue decreased from ₹1,451.53 lakh to ₹691.77 lakh
  • Net profit decreased from ₹1,184.43 lakh to ₹373.78 lakh
  • EPS decreased from ₹5.79 to ₹6.51 (note: share capital changed significantly)

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

  • Revenue decreased from ₹1,647.04 lakh to ₹1,320.44 lakh
  • Net profit improved from net loss of ₹(527.11) lakh to net profit of ₹539.02 lakh
  • EPS improved from ₹(2.58) to ₹9.39

Capital Structure Changes

During the quarter ended September 30, 2026, the company raised ₹59,96,46,670 (₹59.96 crore) through a Rights Issue of 5,99,64,667 fully paid equity shares of ₹10 each. The allotment was completed on August 19, 2026. This increased the paid-up equity share capital from ₹2,044.25 lakh (as of March 31, 2026) to ₹8,040.72 lakh (as of September 30, 2026).

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹16,482.17 lakh
  • Financial assets: ₹16,044.95 lakh (including cash & equivalents: ₹162.38 lakh, bank balances: ₹5,057.52 lakh, loans: ₹9,514.10 lakh, investments: ₹1,015.95 lakh)
  • Non-financial assets: ₹437.22 lakh
  • Total liabilities: ₹6,083.51 lakh
  • Financial liabilities: ₹5,510.50 lakh (including trade payables: ₹2,959.22 lakh, borrowings: ₹2,543.56 lakh)
  • Non-financial liabilities: ₹573.01 lakh
  • Total equity: ₹10,398.66 lakh (equity share capital: ₹8,040.72 lakh, other equity: ₹2,357.94 lakh)

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

  • Net cash used in operating activities: ₹(3,766.88) lakh
  • Net cash from investing activities: ₹58.75 lakh
  • Net cash from financing activities: ₹3,851.75 lakh (mainly from rights issue proceeds of ₹5,996.47 lakh)
  • Net increase in cash and cash equivalents: ₹143.63 lakh

Business Operations

Revenue from operations comprises trading in shares and NBFC activities-related income. The Reserve Bank of India has classified the company under the "Base Layer" category pursuant to the Scale Based Regulations for NBFCs issued vide circular No. RBI/2021-22/112DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021.