Key Financial Figures - Consolidated Results
Quarter Ended September 30, 2026:
- Revenue from operations: ₹70.92 lakhs (vs ₹52.91 lakhs in Q2 FY2025)
- Other income: ₹34.62 lakhs (vs negative ₹17.33 lakhs in Q2 FY2025)
- Total revenue: ₹105.54 lakhs (vs ₹35.58 lakhs in Q2 FY2025)
- Profit before tax: ₹68.05 lakhs (vs loss of ₹18.71 lakhs in Q2 FY2025)
- Current tax expense: ₹21.40 lakhs
- Profit after tax: ₹46.65 lakhs (vs loss of ₹31.55 lakhs in Q2 FY2025)
- Basic EPS: ₹0.36 (vs negative ₹0.24 in Q2 FY2025)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹132.35 lakhs (vs ₹130.04 lakhs in H1 FY2025)
- Other income: ₹146.20 lakhs (vs ₹109.98 lakhs in H1 FY2025)
- Total revenue: ₹278.55 lakhs (vs ₹240.02 lakhs in H1 FY2025)
- Profit before tax: ₹169.48 lakhs (vs ₹134.31 lakhs in H1 FY2025)
- Current tax expense: ₹29.40 lakhs
- Profit after tax: ₹140.08 lakhs (vs ₹106.01 lakhs in H1 FY2025)
- Basic EPS: ₹1.08 (vs ₹0.81 in H1 FY2025)
Key Financial Figures - Standalone Results
Quarter Ended September 30, 2026:
- Revenue from operations: ₹51.04 lakhs
- Profit after tax: ₹28.40 lakhs (vs loss of ₹47.15 lakhs in Q2 FY2025)
- Basic EPS: ₹0.22 (vs negative ₹0.36 in Q2 FY2025)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹92.91 lakhs
- Profit after tax: ₹107.36 lakhs (vs ₹75.50 lakhs in H1 FY2025)
- Basic EPS: ₹0.82 (vs ₹0.58 in H1 FY2025)
Dates and Parties Involved
- Board meeting date: November 11, 2026 (3:30 PM to 4:30 PM)
- Results reviewed by Chaturvedi & Shah LLP (Firm Registration Number: 101720W/W100355)
- Partner: Lalit R Mhalsekar (Membership No.: 103418)
- Signatories: Sujir Prabhakar (Chairman & Managing Director, DIN 02577488) and Vasudev Nayak (Chief Financial Officer)
Segment Information
The Group operates in four reportable segments:
1. Financial Services (recovery of loans and advances)
2. Trading activities
3. Rent on premises
4. Others (marketing of insurance products)
For H1 FY2026, segment revenue breakdown:
- Financial Services: ₹12.00 lakhs
- Trading activities: ₹28.01 lakhs
- Rent on premises: ₹107.00 lakhs
- Others: ₹13.35 lakhs
Legal Matter Disclosure
The company disclosed ongoing litigation regarding an advance payment of ₹280.56 lakhs made in FY1991-92 to stock broker Hiten P Dalal for securities purchase. Key developments:
- Received Special Court order dated December 4, 2021 upholding company's claim
- Received ₹652.18 lakhs recovery on May 18, 2022 (already recognized as exceptional income in FY2021-22)
- Stock broker filed appeal in Supreme Court against Special Court order
- Supreme Court admitted matter but dismissed interim stay application on January 3, 2023
- Management believes no outflow expected and expects Supreme Court to uphold Special Court order
- Company continues pursuing recovery of balance amounts
Tax Matter
The company opted for Direct Tax Vivad Se Vishwas (DTVSV) Scheme 2024 to resolve tax dispute for Assessment Year 1998-99:
- Filed application on December 28, 2024
- Authorities determined tax liability of ₹113.53 lakhs
- Company deposited amount on January 16, 2025
- Provision accounted for in books
Assets and Liabilities Position (Consolidated)
As of September 30, 2026:
- Total assets: ₹3,235.54 lakhs (vs ₹3,302.26 lakhs as of March 31, 2026)
- Equity share capital: ₹1,302.67 lakhs (unchanged)
- Other equity: ₹1,833.78 lakhs (vs ₹1,693.71 lakhs)
- Current liabilities: ₹32.75 lakhs (vs ₹240.50 lakhs)
Cash Flow (Consolidated)
H1 FY2026:
- Net cash from operating activities: ₹7.24 lakhs
- Net cash used in investing activities: ₹16.96 lakhs
- Net cash used in financing activities: ₹0.01 lakhs
- Cash and cash equivalents at period end: ₹50.62 lakhs