Board Meeting and Approval

The Board of Directors of First Fintec Limited met on May 30, 2026, from 4:00 PM to 4:30 PM. The board considered and approved the audited financial results for the quarter ended March 31, 2026, and the audited financial results for the financial year ended March 31, 2026.

Financial Results Summary (₹ in Million)

Quarterly Performance (Q4 FY26)

  • Revenue from Operations: ₹4.28 (vs. ₹4.34 in Q4 FY25, ₹7.69 in Q3 FY26)
  • Other Income: ₹0.53 (vs. ₹1.58 in Q4 FY25, ₹0.63 in Q3 FY26)
  • Total Income: ₹4.81 (vs. ₹5.92 in Q4 FY25, ₹8.32 in Q3 FY26)
  • Total Expenses: ₹7.91 (vs. ₹7.74 in Q4 FY25, ₹6.54 in Q3 FY26)
  • Loss before tax: ₹(3.10) (vs. ₹(1.82) in Q4 FY25, profit of ₹1.78 in Q3 FY26)
  • Tax Expense: ₹0.15 (₹0.02 provision for tax + ₹0.13 deferred tax)
  • Net Loss: ₹(3.25) (vs. ₹(2.91) in Q4 FY25, profit of ₹1.60 in Q3 FY26)
  • Basic and Diluted EPS: ₹(0.31) (vs. ₹(0.28) in Q4 FY25, ₹0.15 in Q3 FY26)

Annual Performance (FY26)

  • Revenue from Operations: ₹25.29 (vs. ₹18.31 in FY25, +38% YoY)
  • Other Income: ₹2.13 (vs. ₹3.85 in FY25)
  • Total Income: ₹27.41 (vs. ₹22.16 in FY25)
  • Total Expenses: ₹27.26 (vs. ₹21.96 in FY25)
  • Profit before tax: ₹0.15 (vs. ₹0.20 in FY25)
  • Tax Expense: ₹0.69 (₹0.02 provision for tax + ₹0.67 deferred tax)
  • Net Loss: ₹(0.54) (vs. ₹(0.95) in FY25)
  • Basic and Diluted EPS: ₹(0.05) (vs. ₹(0.05) in FY25)

Expense Breakdown (FY26)

  • Employee benefits expense: ₹7.61 (vs. ₹5.24 in FY25)
  • Depreciation and amortization: ₹1.66 (vs. ₹1.75 in FY25)
  • Operating and Other expenses: ₹17.99 (vs. ₹14.97 in FY25)
  • Finance Costs: ₹0.00 (vs. ₹0.01 in FY25)

Statement of Assets and Liabilities (as at March 31, 2026)

Assets (₹ in Million)

  • Total Assets: ₹123.97 (vs. ₹123.90 in FY25)
  • Non-current Assets: ₹109.67
  • Property, Plant Equipment: ₹25.85
  • Goodwill: ₹83.83
  • Current Assets: ₹14.29
  • Trade receivables: ₹7.87
  • Cash and cash equivalents: ₹0.10
  • Short-term loans and advances: ₹6.33

Equity and Liabilities (₹ in Million)

  • Total Equity: ₹105.22 (vs. ₹105.75 in FY25)
  • Equity Share Capital: ₹104.03 (unchanged)
  • Other Equity - Reserves and Surplus: ₹1.19 (vs. ₹1.72 in FY25)
  • Non-current Liabilities: ₹15.48
  • Deferred tax liabilities: ₹15.48 (vs. ₹14.82 in FY25)
  • Current Liabilities: ₹3.27
  • Short-term borrowings: ₹2.46
  • Trade payables: ₹0.64
  • Short-term provisions: ₹0.17

Cash Flow Statement (FY26)

  • Cash from Operations: ₹1.56 (vs. ₹(0.88) in FY25)
  • Cash flows from Investing Activities: ₹(1.64) (vs. ₹0.58 in FY25)
  • Cash flow from Financing Activities: ₹(0.09) (vs. ₹0.48 in FY25)
  • Net decrease in cash: ₹(0.17)
  • Cash at beginning: ₹0.27
  • Cash at end: ₹0.10

Segment Information

The company operates in one segment: Fintec/Edtec.

  • Q4 FY26 Segment Revenue: ₹4.81 million
  • FY26 Segment Revenue: ₹27.41 million

Regulatory Compliance and Audit

  • Declaration provided pursuant to Regulation 33(3)(d) of SEBI LODR Regulations, 2015
  • Auditors JMT & Associates issued unmodified/unqualified audit opinion
  • Financial statements prepared in accordance with Indian Accounting Standards (IND AS)
  • Results reviewed by Audit Committee and approved by Board of Directors