HB Portfolio Q1 Profit Jumps 80% YoY, Declares Dividend
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
10th Aug 2026
Key Quantitative Figures
Standalone Financial Results (Q1 FY27 vs Q1 FY26):
- Total Income: ₹816.50 lakhs (vs ₹534.71 lakhs)
- Profit Before Tax: ₹744.39 lakhs (vs ₹454.03 lakhs)
- Net Profit: ₹681.65 lakhs (vs ₹379.16 lakhs) - 80% increase
- Basic EPS: ₹6.33 (vs ₹3.52)
- Revenue from Operations: ₹810.82 lakhs (vs ₹534.34 lakhs)
- Other Income: ₹5.68 lakhs (vs ₹0.37 lakhs)
- Employee benefit expense: ₹49.89 lakhs (vs ₹48.70 lakhs)
- Dividend from Taurus Asset Management: ₹338.62 lakhs
Consolidated Financial Results (Q1 FY27 vs Q1 FY26):
- Total Income: ₹1,049.58 lakhs (vs ₹774.60 lakhs)
- Profit Before Tax: ₹611.02 lakhs (vs ₹342.74 lakhs)
- Net Profit: ₹497.25 lakhs (vs ₹212.98 lakhs) - 134% increase
- Basic EPS: ₹5.24 (vs ₹2.04)
- Revenue from Operations: ₹1,035.76 lakhs (vs ₹769.52 lakhs)
Dates of Action
- Board Meeting Date: 10th August 2026 (3:30 PM to 4:27 PM)
- Record Date for Dividend: 14th August 2026
- Dividend Payment Date: On or before 8th September 2026
- Financial Period: Quarter ended 30th June 2026
Parties Involved
- Subsidiaries: HB Securities Limited, HB Corporate Services Limited, Taurus Asset Management Company Limited, Taurus Investment Trust Company Limited, Infinix9 Hotels & Resorts Private Limited, Infinix9 Hospitality LLP
- Associate: Merwanjee Securities Limited (48% ownership)
- Auditor: N.C. Aggarwal & Co. (Firm Registration No. 003273N)
- Company Secretary: Meenu Pfire (M. No. F11607)
Dividend Declaration
- Interim Dividend: ₹1.25 per equity share (12.5% on face value of ₹10)
- Total dividend amount not quantified in disclosure
Segment Performance
Standalone Segment Revenue (Q1 FY27):
- Financial Services: ₹810.82 lakhs
- Commodities Trading: ₹0.00 lakhs
- Unallocated Segments: ₹5.68 lakhs
Consolidated Segment Revenue (Q1 FY27):
- Financial Services: ₹1,035.76 lakhs
- Commodities Trading: ₹0.00 lakhs
- Unallocated Segments: ₹13.82 lakhs
Labour Code Impact
- Government notified implementation framework for new Labour Codes effective 8th May 2026
- Incremental impact on employee benefits liability assessed as not material
- Standalone: Recognized provision of ₹2.84 lakhs for Gratuity/Earned Leave
- Consolidated: Recognized provision of ₹23.79 lakhs for Gratuity/Earned Leave
Auditor's Opinion
- Unmodified review opinion on both standalone and consolidated results
- No material misstatements identified
- One subsidiary (Taurus Asset Management) reviewed by other auditor
- Five subsidiaries and one associate relied on management-certified unaudited results
Capital Structure
- Paid-up Equity Share Capital: ₹1,076.42 lakhs (face value ₹10 per share)
- Number of shares: 10,764,200