Board Meeting Details

The Board of Directors meeting was held on November 5, 2026, commencing at 05:00 PM and concluding at 06:30 PM IST.

Key Approvals and Results

1. Unaudited Financial Results (Quarter and Half Year ended September 30, 2026)

The Board approved the unaudited financial results for Q2 FY27 and H1 FY27:

Quarterly Performance (₹ in Lakhs):

  • Total Revenue from Operations: ₹8,993.44 (Q2 FY27) vs ₹4,804.83 (Q2 FY26) - 87% increase
  • Interest Income: ₹8,880.50 (Q2 FY27) vs ₹4,769.25 (Q2 FY26) - 86% increase
  • Profit Before Tax: ₹1,295.41 (Q2 FY27) vs ₹739.22 (Q2 FY26) - 75% increase
  • Profit After Tax: ₹959.67 (Q2 FY27) vs ₹591.89 (Q2 FY26) - 62% increase
  • Basic EPS: ₹0.68 (Q2 FY27) vs ₹0.42 (Q2 FY26)
  • Diluted EPS: ₹0.68 (Q2 FY27) vs ₹0.42 (Q2 FY26)

Half-Yearly Performance (₹ in Lakhs):

  • Total Revenue from Operations: ₹16,503.74 (H1 FY27) vs ₹8,792.68 (H1 FY26) - 88% increase
  • Profit Before Tax: ₹2,415.93 (H1 FY27) vs ₹1,422.53 (H1 FY26) - 70% increase
  • Profit After Tax: ₹1,803.48 (H1 FY27) vs ₹1,101.00 (H1 FY26) - 64% increase
  • Basic EPS: ₹1.29 (H1 FY27) vs ₹0.81 (H1 FY26)
  • Diluted EPS: ₹1.27 (H1 FY27) vs ₹0.81 (H1 FY26)

2. Security Cover Certificate

Approved Security Cover Certificate issued by Ladha Singhal & Associates, Chartered Accountants, for secured listed Non-Convertible Debentures aggregating to ₹52,111.03 lakhs as at September 30, 2026. The certificate confirms maintenance of requisite full security cover by way of mortgage of exclusive/paripassu charge on current assets, book debts, loans & advances and receivables including gold loan receivables.

3. Utilization of Issue Proceeds - Preferential Issue

Approved statement indicating utilization of issue proceeds from Preferential Issue of Equity Shares and Share Warrants on Private Placement Basis raised on May 21, 2025, and May 27, 2025:

  • Amount Raised: ₹141.50 Crore
  • Funds Utilized: ₹111.50 Crore (with ₹30 crore being 75% of share warrants subscription amount yet to be received)
  • No deviation/variation in use of funds raised
  • Monitoring Agency: CRISIL Rating Limited
  • Objects: Onward lending and investment and repayment of borrowing

4. Utilization of Issue Proceeds - Non-Convertible Debentures

Approved statement indicating utilization of issue proceeds from Non-Convertible Debentures allotted on July 29, 2026:

  • Amount Raised: ₹26 Crore
  • Funds Utilized: ₹26 Crore
  • No deviation/variation in use of funds raised
  • No monitoring agency appointed
  • Objects: For lending business of the Company

5. Brand Name Change

Approved adoption of change of Brand Name from 'ARVOG' to 'AUGMONT'.

Financial Highlights and Ratios

Balance Sheet Position (as at September 30, 2026, ₹ in Lakhs):

  • Total Assets: ₹1,36,151.84
  • Loans: ₹1,22,508.86
  • Cash and Cash Equivalents: ₹8,423.64
  • Borrowings (debt security): ₹52,091.50
  • Borrowings (other than debt security): ₹40,285.77
  • Equity Share Capital: ₹1,401.44
  • Other Equity: ₹35,050.81
  • Net Worth: ₹36,452.24

Key Ratios (as at September 30, 2026):

  • Debt-Equity Ratio: 2.53
  • Current Ratio: 3.32
  • Gross NPA: ₹3,244.90 lakhs (2.63%)
  • Net NPA: ₹2,918.06 lakhs (2.37%)
  • Provision Coverage Ratio: 10.07%
  • Capital to Risk-weighted Assets Ratio (CRAR): 28.74%
  • Operating Margin Ratio: 14.78%
  • Net Profit Margin Ratio: 10.97%

Co-Lending Arrangements

As at September 30, 2026:

  • Number of Co-Lending Arrangements: 2
  • Weighted Average Rate of Interest: 19.18% per annum
  • Broad Sector: Gold Loan
  • Outstanding Amount: ₹1,958.46 lakhs
  • Net NPA: ₹18.35 lakhs
  • Default Loss Guarantee: 5% of Disbursed amount (One of the Party)

Auditor Review

The unaudited financial results were reviewed by Ladha Singhal & Associates, Chartered Accountants (Firm Registration No. 120241W), who issued a limited review report confirming compliance with Ind AS 34 and SEBI LODR requirements.