Financial Results (Rs. in Lakhs)

Quarterly Performance (Q2 FY2026 ended 30-Sep-2026)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹25.87
  • Total Revenue: ₹25.87
  • Total Expenses: ₹26.50
  • Employee Benefits Expense: ₹8.86
  • Depreciation: ₹0.07
  • Other Expenses: ₹17.57 (including Postage & Telephones: ₹0.24, Other Expenditure: ₹17.33)
  • Profit/(Loss) before tax: (₹0.63)
  • Tax Expense: ₹0.00
  • Profit/(Loss) for the period: (₹0.63)
  • Earnings Per Share (EPS): (₹0.01)

Half-Yearly Performance (H1 FY2026 ended 30-Sep-2026)

  • Revenue from Operations: ₹0.00
  • Other Income: ₹345.17
  • Total Revenue: ₹345.17
  • Total Expenses: ₹89.60
  • Profit/(Loss) before tax: ₹255.57
  • Tax Expense: (₹131.34) [Prior years - Excess/Short provision]
  • Profit/(Loss) for the period: ₹386.91
  • Earnings Per Share (EPS): ₹3.87

Comparative Figures

  • Preceding quarter (Q1 FY2026 ended 30-Jun-2026): Net profit of ₹387.54 lakh (EPS: ₹3.88)
  • Corresponding quarter previous year (Q2 FY2025 ended 30-Sep-2025): Net loss of ₹2.49 lakh (EPS: ₹0.02)
  • Corresponding half-year previous year (H1 FY2025 ended 30-Sep-2025): Net loss of ₹13.40 lakh (EPS: ₹0.13)
  • Previous accounting year (FY2026 ended 31-Mar-2026): Net loss of ₹8.83 lakh (EPS: ₹0.09)

Capital Structure

  • Paid-up equity share capital: ₹1,000.00 lakh (Face value per share: ₹10)
  • Reserves (excluding revaluation reserves): (₹13,096.27) as of 30-Sep-2026

Operational Context and Notes

1. Business Status: The Company's Certificate of Registration (COR) to carry on housing finance business was cancelled by the Reserve Bank of India vide letter no. CO.DOR.RG.NO S3544/23-27-014/2023-2024 dated 22nd September 2023. The Board resolved on 25th September 2023 not to carry on HFC/NBFC business thereafter.

2. Current Activities: The Company is presently engaged exclusively in recovery and disposal of its mortgaged assets in accordance with Board directions. The only business activity was housing finance, hence no segment reporting is presented.

3. Wind-up Process: The Board accorded in-principle approval for winding up of the Company on 4th November 2023, subject to shareholder and regulatory approvals. On 22nd January 2024, the Board directed completion of recovery and disposal of mortgaged assets prior to initiating winding-up proceedings under Section 271 of Companies Act, 2013.

4. Auditor Review: The unaudited results were subject to limited review by Ray & Ray Chartered Accountants (FRN: 301072E). The review report dated 08/10/2026 highlights material uncertainty regarding going concern due to the wind-down process but does not modify the conclusion that the financial results are prepared in accordance with applicable standards.

Balance Sheet Highlights (as at 30th September 2026)

  • Total Assets: ₹1,581.82 lakh
  • Total Equity and Liabilities: ₹1,581.82 lakh
  • Shareholder Funds: (₹11,709.36) lakh

Cash Flow Statement (for period ended 30.09.2026)

  • Cash from Operating Activities: ₹878.54 lakh
  • Cash from Investing Activities: (₹1,493.90) lakh
  • Cash from Financing Activities: (₹801.10) lakh
  • Net increase in cash: (₹1,416.46) lakh
  • Cash & Cash equivalent - opening: ₹1,468.65 lakh
  • Cash & Cash equivalent - closing: ₹52.19 lakh