Key Quantitative Figures (Standalone, in ₹ Lakh)

Quarter Ended June 30, 2026 (Reviewed):

  • Total Income: 26,732
  • Finance Cost: 17,298
  • Impairment of Financial Instruments: 3,249
  • Profit Before Tax: 1,769
  • Tax Expense: 765 (Current Tax: 915, Deferred Tax (Net): (98), Tax of Earlier Period (Net): (52))
  • Net Profit for the period: 1,004
  • Total Comprehensive Income: 1,085
  • Basic & Diluted EPS (not annualised): 1.86

Comparatives:

  • Net Profit for Q1 FY26 (June 30, 2025): 735
  • Net Profit for Q4 FY26 (March 31, 2026): 5,358
  • Net Profit for Full Year FY26: 15,449

Key Ratios (Standalone, as of June 30, 2026):

  • Debt-Equity Ratio: 4.29 times
  • Net Worth: ₹2,11,649 Lakh
  • Adjusted Net Worth: ₹2,10,278 Lakh
  • Net Profit Margin: 3.76%
  • Gross Stage 3 Ratio: 4.49%
  • Provision Coverage Ratio: 55.73%
  • Total debts to total assets: 79.90%

Consolidated Financials

The consolidated results include the wholly-owned subsidiary, GICHFL Financial Services Private Limited. The figures are largely consistent with the standalone results, with a minor adjustment for the subsidiary's performance (total revenues of ₹152 lakh and net profit after tax of ₹4 lakh for the quarter before consolidation).

  • Net Profit for the period (attributable to owners): 1,008
  • Basic & Diluted EPS (not annualised): 1.87

Dates of Action

  • Board Meeting: August 12, 2026 (1:38 P.M. to 04:36 P.M.)
  • Trading Window Closure: Will open from Saturday, August 15, 2026.
  • Effective Date for New Director: Smt. Arumugam Manimekhalai's appointment is effective from September 26, 2026, subject to shareholder approval.

Parties Involved

  • Statutory Auditors: Gokhale & Sathe (Firm Registration No.103264W)
  • Reviewing Partner: CA Chinmaya Deval (Membership No.: 148652)
  • Debenture Trustees: IDBI Trusteeship Services Limited & Vistra ITCL (India) Limited
  • Promoter: General Insurance Corporation of India (GIC Re)

Board Approvals

1. Financial Results: Approved the unaudited standalone and consolidated financial results for Q1 FY27 (ended June 30, 2026).

2. Appointments:

  • Shri Hitesh Joshi (DIN: 09322218) appointed as Non-Executive Chairman of the Board.
  • Smt. Arumugam Manimekhalai (DIN: 08411575) appointed as an Additional Director (Non-Executive Independent Director) for a first term of 5 years from September 26, 2026, subject to shareholder approval.
  • Shri Mahesh Matta, Senior Vice President, appointed as Senior Management Personnel (Head-Treasury).

3. Related Party Transactions: Approved Material Related Party Transactions with Promoter Group Companies up to an aggregate limit of ₹1,000 Crores, subject to shareholder approval.

4. Postal Ballot: Approved notice for a postal ballot to seek member approval for the appointment of Smt. Arumugam Manimekhalai and the related party transactions.

Financial and Operational Impact

  • The company reported a significant YoY decline in net profit for Q1 FY27.
  • Impairment costs on financial instruments were substantially higher compared to the previous quarter (Q4 FY26: ₹-482 Lakh [credit] vs. Q1 FY27: ₹3,249 Lakh).
  • The company maintains an asset cover of 1x for all secured Non-Convertible Debentures (NCDs) as required by the terms of the offer document and Regulation 54.
  • Security Cover: The exclusive security cover ratio for Secured NCDs was certified at 1.03 (book value) as of June 30, 2026.
  • Utilization of Proceeds: Certified 'NIL' deviation or variation in the use of proceeds from recent NCD issuances (Series 8, 9, 10, 11 totaling ₹1,325 Crores).

Capital Structure Impact

  • The paid-up equity share capital remained unchanged at ₹5,385 Lakh (Face value ₹10/-).
  • The appointments (Chairman, Independent Director) represent a change in the composition of the Board of Directors but do not immediately alter the capital structure.

Cash Flow Implications

  • The financial impact of the approved related party transactions (up to ₹1,000 Crores) is contingent on shareholder approval. The nature of these transactions (inflow/outflow) is not specified in the disclosure.
  • The profit for the period represents a cash inflow, though the net amount is significantly lower than previous periods.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the disclosed document.