Summary of Key Information:
Reporting Period: Quarter and half year ended September 30, 2026
Nature of Filing / Announcement: Regulation 30 disclosure - Outcome of Board Meeting
Audit Opinion:
Unmodified conclusion (clean) by Price Waterhouse Chartered Accountants LLP for both consolidated and standalone financial results
Key Financial Highlights [Rs. in Lakhs]:
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹3,844.10 (QoQ: +145.9% from ₹1,563.62 in Q1; YoY: -43.9% from ₹6,854.54 in Q2 FY26)
- Total Income: ₹6,551.06
- Net Profit: ₹6,466.41 (QoQ: +137.6% from ₹2,721.53 in Q1; YoY: +54.0% from ₹4,199.52 in Q2 FY26)
- EPS: ₹5.06 (not annualized)
- Other Equity: ₹1,03,695.16
- Cash and Cash Equivalents: ₹7,340.88
Half year ended September 30, 2026:
- Revenue from Operations: ₹5,407.72 (YoY: -45.5% from ₹9,930.40)
- Total Income: ₹11,733.89
- Net Profit: ₹9,187.96 (YoY: +48.0% from ₹6,208.70)
- EPS: ₹7.56 (not annualized)
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹1,384.82 (QoQ: -1.7% from ₹1,409.19 in Q1; YoY: +3.8% from ₹1,334.00 in Q2 FY26)
- Total Income: ₹2,497.40
- Net Profit: ₹2,134.06 (QoQ: +52.3% from ₹1,401.19 in Q1; compared to net loss of ₹(172.27) in Q2 FY26)
- EPS: ₹1.71 (not annualized)
- Other Equity: ₹73,292.23
- Cash and Cash Equivalents: ₹5,121.78
Half year ended September 30, 2026:
- Revenue from Operations: ₹2,794.01 (YoY: -2.5% from ₹2,864.91)
- Total Income: ₹5,917.80
- Net Profit: ₹3,535.25 (YoY: +766.8% from ₹407.83)
- EPS: ₹2.98 (not annualized)
Segment-wise Performance:
The Group operates primarily in Investment Management and Advisory Services with geographical segmentation:
Consolidated - India Segment (Q2 FY27):
- Total Income: ₹1,806.85
- Non-current Assets: ₹42,808.88
Consolidated - Overseas Segment (Q2 FY27):
- Total Income: ₹4,744.22
- Non-current Assets: ₹5,038.96
Standalone - India Segment (Q2 FY27):
- Total Income: ₹1,745.97
- Non-current Assets: ₹43,081.32
Standalone - Overseas Segment (Q2 FY27):
- Total Income: ₹751.43
- Non-current Assets: ₹0
Corporate Actions:
- Interim Dividend: Declared ₹0.50 per equity share (10% on face value of ₹5) for FY 2026-27
- Record Date: November 12, 2026
- Payment Date: On or before November 25, 2026
- Final Dividend: ₹0.75 per share approved for FY 2025-26 at AGM held September 26, 2026
Capital Structure Changes:
- IPO Completion: Completed Initial Public Offer of 3,43,75,000 equity shares at ₹160 per share
- Fresh Issue: 2,81,25,000 shares raising ₹45,000 lakhs
- Offer for Sale: 62,50,000 equity shares aggregating ₹10,000 lakhs
- Listing: Shares listed on NSE and BSE on August 26, 2026
- Paid-up Capital Increase: From ₹5,644.26 lakhs to ₹7,050.51 lakhs (14,10,10,230 shares of ₹5 each)
Other Significant Information:
- Subsidiaries: 7 subsidiary companies and 2 associates recognized at fair value through P&L
- Deferred Tax Reassessment: Reversal of deferred tax liability on income from sponsor commitment recognized in current quarter
- Fund Basis Change: Gaja Capital India Fund-I preparing financial statements on realisable value basis due to fund term concluding September 30, 2027
- Accounting Reclassifications: Several reclassifications made to conform to current year classification standards
Entities in Consolidation:
- Gaja Corporate Advisors Private Limited (Subsidiary)
- Gaja Trustee Company Private Limited (Subsidiary)
- Gaja Advisors Ltd (Subsidiary)
- Eastgate Secondaries Limited (Subsidiary)
- Eastgate Advisors LLP (Subsidiary)
- Gaja Investments (Subsidiary Partnership Firm)
- Gaja Capital India AIF Trust (Associate at fair value)
- Gaja Capital India Fund I (Associate at fair value)