Event Type and Details

  • The document contains the transcript of an Earnings Conference Call held on November 04, 2026, to discuss the Unaudited Consolidated and Standalone Financial Results for the quarter and Half Year ended September 30, 2026.
  • The call was hosted by the Company following their intimation dated October 30, 2026.

Management Participants

  • Mr. Ranjit Shah – Executive Vice Chairman
  • Mr. Gopal Jain – Managing Director and Chief Executive Officer
  • Mr. Imran Jafar – Executive Director
  • Mr. Abhinav Jain – Chief Financial Officer
  • Moderator: Mr. Diwakar Pingle from EY

Financial Period Discussed

  • Q2 FY27 (Quarter ended September 30, 2026)
  • H1 FY27 (Half Year ended September 30, 2026)
  • Trailing 12 months ended September 2026

Key Financial Highlights Disclosed

  • Q2 FY27 Performance: Total income of ₹65.5 crores (up 26% QoQ), PAT of ₹64.7 crores (up 54% YoY, 138% QoQ)
  • H1 FY27 Performance: Total income of ₹117.3 crores (up 6% YoY), PAT of ₹91.9 crores (up 48% YoY)
  • 12-month Performance: Total income of ₹164.8 crores (up 5% YoY), PAT of ₹111.8 crores (up 28% YoY)
  • Dividend: Board declared an interim dividend of ₹0.50 per share (10% of face value)
  • Balance Sheet: Net worth of ₹1,106 crores as of September 30, 2026 (up 92% YoY), nearly debt-free
  • Income Streams: Fee income ₹61.3 crores (37%), Performance income ₹85.4 crores (52%), Treasury income ₹18.1 crores (11%)
  • Cost-to-income ratio: 29% for H1 FY27 vs 38% a year ago

Fund Performance Updates

  • Fund IV: 87% deployed, tracking gross multiple of 2.0x (first quartile)
  • Fund III: Fully deployed, gross multiple of 1.9x (first quartile)
  • Fund II: Substantially realized at 3.8x multiple
  • Fund I: Fully realized at 5.6x multiple
  • All four funds rank first quartile against industry benchmarks

New Fund Updates

  • Fund V: SEBI approved commitments of ₹2,500 crores, making steady progress toward target
  • Eastgate Secondaries Fund I: Targeting ₹1,500 crores, making steady progress toward target
  • Enhanced capacity to sponsor approximately ₹8,000 crores of new funds with current cash balance

Compliance Statement

  • The transcript includes standard forward-looking statement disclaimer about risks and uncertainties
  • The document represents a regulatory filing under Regulation 30 of SEBI Listing Regulations
  • The transcript is available on company website at https://gajacapital.com/investor-relations/reports-and-publications

Additional Notes Section

  • The document includes the full earnings call transcript with management commentary and Q&A session
  • The filing was signed by Ishu Jain, Company Secretary and Compliance Officer
  • Financial data was extensively disclosed including income statements, balance sheet details, and fund performance metrics