Key Financial Results (INR in Lakhs)

Revenue Performance

  • Total Revenue from Operations: ₹66,993 (Q1 FY27) vs ₹51,660 (Q1 FY26) - 29.6% YoY growth
  • Interest Income: ₹64,457 (Q1 FY27) vs ₹48,613 (Q1 FY26)
  • Fee and Commission Income: ₹2,411 (Q1 FY27) vs ₹2,516 (Q1 FY26)
  • Net Gain on fair value changes: ₹125 (Q1 FY27) vs ₹531 (Q1 FY26)
  • Other Income: ₹32 (Q1 FY27) vs ₹65 (Q1 FY26)
  • Total Income: ₹67,025 (Q1 FY27) vs ₹51,725 (Q1 FY26)

Expense Breakdown

  • Finance cost: ₹27,269 (Q1 FY27) vs ₹21,797 (Q1 FY26)
  • Impairment on financial instruments: ₹3,406 (Q1 FY27) vs ₹2,472 (Q1 FY26)
  • Employee benefit expense: ₹12,063 (Q1 FY27) vs ₹9,249 (Q1 FY26)
  • Depreciation and amortization: ₹1,425 (Q1 FY27) vs ₹1,237 (Q1 FY26)
  • Other expenses: ₹7,514 (Q1 FY27) vs ₹6,935 (Q1 FY26)
  • Total Expenses: ₹51,677 (Q1 FY27) vs ₹41,690 (Q1 FY26)

Profitability Metrics

  • Profit before tax: ₹15,348 (Q1 FY27) vs ₹10,035 (Q1 FY26) - 52.9% YoY growth
  • Tax expense: ₹3,910 (Q1 FY27) vs ₹2,534 (Q1 FY26)
  • Net Profit for period: ₹11,438 (Q1 FY27) vs ₹7,501 (Q1 FY26) - 52.5% YoY growth
  • Net profit margin: 17.07% (Q1 FY27) vs 14.50% (Q1 FY26)

Comprehensive Income

  • Other Comprehensive Income: ₹(4,666) (Q1 FY27) vs ₹700 (Q1 FY26)
  • Total Comprehensive Income: ₹6,772 (Q1 FY27) vs ₹8,201 (Q1 FY26)

Capital Structure

  • Paid-up equity share capital: ₹37,491 lakhs (as of June 30, 2026)
  • Reserves: ₹2,55,189 lakhs (as of March 31, 2026)
  • Earnings Per Share (Face Value ₹10):
  • Basic: ₹3.05 (Q1 FY27) vs ₹2.01 (Q1 FY26)
  • Diluted: ₹3.03 (Q1 FY27) vs ₹2.01 (Q1 FY26)

Key Ratios and Metrics

Regulatory Ratios

  • CRAR (Capital to Risk Weighted Assets Ratio): 20.71% (June 30, 2026) vs 22.40% (March 31, 2026)
  • Gross NPA (GNPA): 1.55% (June 30, 2026) vs 1.99% (March 31, 2026)
  • Net NPA (NNPA): 0.96% (June 30, 2026) vs 1.24% (March 31, 2026)
  • Liquidity Coverage Ratio: 157.00% (June 30, 2026) vs 130.55% (March 31, 2026)
  • Provision Coverage Ratio (PCR): 38.36% (June 30, 2026) vs 38.27% (March 31, 2026)

Financial Ratios

  • Current liability ratio: 0.37 (June 30, 2026) vs 0.39 (March 31, 2026)
  • Total debts to total assets: 0.81 (June 30, 2026) vs 0.77 (March 31, 2026)
  • Net worth: ₹3,00,276 lakhs (June 30, 2026) vs ₹2,63,440 lakhs (March 31, 2026)
  • Capital redemption reserve: ₹200 lakhs

Operational Highlights

ESOP and Share Allotment

  • Granted 20,15,744 options under ESOS 2024 and ESOS 2018 schemes during the quarter
  • Allotted 6,99,980 equity shares of ₹10 each fully paid up on exercise of options by employees

Loan Portfolio Activities

  • Transferred ₹58,881 lakhs of loans through assignment (not in default)
  • Weighted average residual maturity: 37 months
  • Weighted average holding period by originator: 6 months
  • Retention of beneficial economic interest: 10%
  • Coverage of tangible security: 100%
  • No acquisition of stressed loans during the quarter

Security Cover

  • Secured NCDs outstanding: ₹29,250 lakhs at June 30, 2026
  • Secured by first ranking pari passu charge over eligible receivables and current assets
  • Security cover ratio: Minimum 1.10 times maintained as contractually required

Debt Covenant Compliance

All listed Non-Convertible Debentures were in compliance with financial covenants:

  • INE007N07041: CRAR 20.71% (req: 16%), NNPA 0.96% (req: <4%), GNPA 1.55% (req: <5%), Liability to Net Worth 4.63x (req: <7x)
  • INE007N07058: CRAR 20.71% (req: 16%), NNPA 0.96% (req: <4%), GNPA 1.55% (req: <5%), Liability to Net Worth 4.63x (req: <7x)
  • INE007N07066: CRAR 20.71% (req: 15%), NNPA 0.96% (req: <3%), GNPA 1.55% (req: <4%), Debt to Equity 4.61x (req: <6x)

Fund Utilization

  • Private placement of NCDs raised ₹450 crores on March 24, 2026 (INE007N08031: ₹250 crores, INE007N08049: ₹200 crores)
  • Funds fully utilized with no deviation from stated purposes

Regulatory and Governance Matters

Board Meeting Details

  • Meeting held on July 15, 2026
  • Commenced at 11:15 AM, concluded at 11:40 AM
  • Audit Committee reviewed and recommended results prior to Board meeting

Auditor Review

  • M/s. KKC & Associates LLP, Statutory Auditors, issued limited review report with unmodified opinion
  • Review conducted under SRE 2410 standards

Publication Requirements

  • Financial results to be published in Business Standard (English) and Pratahkal (Marathi) newspapers
  • Disclosure uploaded to company website: https://www.fedfina.com

Company Classification

  • Systemically Important Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI)
  • Classified as Investment and Credit Company by RBI
  • No subsidiaries/associates/joint ventures as of June 30, 2026
  • Single segment company (lending loans)