Financial Performance Highlights (Quarter Ended September 30, 2026)

Revenue:

  • Revenue from operations: ₹890.88 lakh
  • Other income: Not separately quantified (included in total)
  • Total revenue: ₹890.88 lakh

Expenses:

  • Employee benefits expense: ₹4.82 lakh
  • Depreciation and amortization: Not applicable (N)
  • Finance cost: ₹0.09 lakh
  • Other expenses: ₹21.58 lakh
  • Total expenses: ₹26.43 lakh

Profitability:

  • Profit before tax: ₹864.39 lakh
  • Tax expense/(credit):
  • Current tax: ₹0.00 lakh
  • Deferred tax: (₹33.75) lakh credit
  • Total tax: (₹33.75) lakh credit
  • Net profit for the quarter: ₹898.14 lakh

Other Comprehensive Income:

  • Items that will not be reclassified to profit or loss: ₹20,629.93 lakh
  • Income/Deferred tax relating to above items: (₹297.39) lakh
  • Total other comprehensive income: ₹17,655.54 lakh
  • Total comprehensive income for the quarter: ₹2,663.68 lakh

Half-Year Performance (Ended September 30, 2026)

Revenue:

  • Total revenue: ₹5,328.01 lakh

Expenses:

  • Total expenses: ₹480.09 lakh

Profitability:

  • Profit before tax: ₹884.72 lakh
  • Tax expense/(credit): (₹25.12) lakh credit
  • Net profit for half-year: ₹909.84 lakh

Other Comprehensive Income:

  • Total other comprehensive income: ₹11,447.42 lakh
  • Total comprehensive income for half-year: ₹12,357.28 lakh

Comparative Figures

Quarter Comparison (YoY):

  • Q2 FY26 Net profit: ₹18.77 lakh vs Q2 FY27: ₹898.14 lakh (898% increase)
  • Q2 FY26 Total comprehensive income: (₹0.27) lakh vs Q2 FY27: ₹2,663.68 lakh

Half-Year Comparison (YoY):

  • H1 FY26 Net profit: ₹519.01 lakh vs H1 FY27: ₹909.84 lakh (75% increase)
  • H1 FY26 Total comprehensive income: ₹1,459.84 lakh vs H1 FY27: ₹12,357.28 lakh (747% increase)

Balance Sheet Position (As at September 30, 2026)

Assets:

  • Financial assets: ₹88,619.08 lakh
  • Cash and cash equivalents: ₹1.40 lakh
  • Bank balances other than above: ₹1.43 lakh
  • Investments: ₹88,616.25 lakh
  • Non-financial assets: ₹232.75 lakh
  • Current tax assets: ₹229.26 lakh
  • Property, plant and equipment: ₹0.05 lakh
  • Other non-financial assets: ₹3.44 lakh
  • Total assets: ₹88,851.83 lakh

Liabilities and Equity:

  • Financial liabilities: ₹14.22 lakh
  • Trade payables: ₹6.90 lakh
  • Other financial liabilities: ₹7.32 lakh
  • Non-financial liabilities: ₹8,123.42 lakh
  • Provisions: ₹10.69 lakh
  • Deferred tax liabilities (net): ₹8,108.73 lakh
  • Other non-financial liabilities: ₹4.00 lakh
  • Equity: ₹80,714.19 lakh
  • Equity share capital: ₹320.00 lakh (face value Re. 1)
  • Other equity: ₹80,394.19 lakh
  • Total liabilities and equity: ₹88,851.83 lakh

Cash Flow Statement (Half-Year Ended September 30, 2026)

Operating Activities:

  • Net profit before tax & extraordinary items: ₹884.72 lakh
  • Adjustments: (₹932.81) lakh
  • Operating profit before working capital changes: (₹48.09) lakh
  • Cash generated from operations: (₹49.83) lakh
  • Direct taxes paid/(refund): (₹86.59) lakh
  • Net cash from operating activities: (₹136.42) lakh

Investing Activities:

  • Purchase of current investments: (₹761.00) lakh
  • Interest received: ₹0.17 lakh
  • Sale of current investments: ₹829.68 lakh
  • Dividend received: ₹853.13 lakh
  • Rent received: ₹12.75 lakh
  • Net cash from investing activity: ₹934.73 lakh

Financing Activities:

  • Dividend paid: (₹800.00) lakh
  • Net cash used in financing activity: (₹800.00) lakh

Net Changes:

  • Net change in cash & cash equivalents: (₹1.69) lakh
  • Opening balance of cash & cash equivalents: ₹3.09 lakh
  • Closing balance of cash & cash equivalents: ₹1.40 lakh

Key Metrics

Per Share Data (Face value of Re. 1):

  • Basic and diluted EPS:
  • Q2 FY27: ₹2.81
  • Q1 FY27: ₹0.04
  • Q2 FY26: ₹0.16
  • H1 FY27: ₹2.84
  • H1 FY26: ₹1.62
  • FY26: ₹2.41

Operational and Segment Information

The company operates as an Unregistered Core Investment Company (CIC), managing a portfolio of investments in BAJAJ Group Companies. Disclosure requirement of Indian Accounting Standard (IND AS-108) "Segment Reporting" is not applicable as the company operates in a single primary segment.

Auditor's Review

Kanu Doshi Associates LLP conducted a limited review of the unaudited financial results and issued a review report stating that nothing has come to their attention that causes them to believe that the statement contains any material misstatement.