Board Meeting Details

The Board of Directors meeting was held on Friday, 30th October 2026, commencing at 11:30 AM and concluding at 05:20 PM. The meeting approved the Un-Audited Standalone & Consolidated Financial Results of the Company for the Quarter & half year ended on 30th September 2026.

Auditor Review

Statutory Auditors M/s Ajay Rattan & Co., Chartered Accountants issued Limited Review Reports with unmodified opinion on both Standalone and Consolidated Un-Audited Financial Results, in compliance with Regulation 33(3)(d) of Listing Regulations and SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016.

Standalone Financial Results (Rs in Lakhs)

Income Statement

Quarter Ended 30 September 2026:

  • Total Revenue from Operations: Not clearly readable due to data rendering issues
  • Other Income: ₹19.31
  • Total Income: ₹19.31
  • Total Expenses: ₹9.87 (Employee benefits: ₹5.96, Depreciation: ₹0.27, Other expenses: ₹3.65)
  • Profit before tax: ₹9.43
  • Tax Expense: ₹1.41 (Current tax: ₹0.15, Deferred tax: ₹1.00, Tax for earlier years: ₹0.25)
  • Profit after tax: ₹8.03
  • Earnings per share (Basic & Diluted): ₹0.03

Half Year Ended 30 September 2026:

  • Total Income: ₹19.31
  • Total Expenses: ₹18.28
  • Profit before tax: ₹1.03
  • Tax Expense: ₹0.52
  • Profit after tax: ₹0.51
  • Earnings per share (Basic & Diluted): ₹0.00

Comparative Figures:

  • Quarter Ended 30 September 2025: Loss after tax of ₹4.49 lakh
  • Half Year Ended 30 September 2025: Loss after tax of ₹12.56 lakh
  • Year Ended 31 March 2026: Profit after tax of ₹3.78 lakh

Standalone Balance Sheet (as at 30 September 2026)

  • Total Assets: ₹7,877.39 lakh
  • Property, plant & equipment: ₹3.36 lakh
  • Investments: ₹7,756.88 lakh
  • Cash & Cash Equivalents: ₹95.62 lakh
  • Current Tax Assets: ₹14.91 lakh
  • Equity Share Capital: ₹2,919.17 lakh (Face value ₹10 per share)
  • Other Equity: ₹4,947.87 lakh
  • Total Equity and Liabilities: ₹7,877.39 lakh

Standalone Cash Flow (Half Year Ended 30 September 2026)

  • Net cash flow from operating activities: ₹12.83 lakh
  • Net cash flow from investing activities: (₹1.28) lakh
  • Net cash flow from financing activities: Not clearly readable
  • Net increase in cash: ₹11.55 lakh
  • Closing cash and cash equivalents: ₹95.62 lakh

Consolidated Financial Results (Rs in Lakhs)

Income Statement

Quarter Ended 30 September 2026:

  • Revenue from Operations: ₹3,096.70 (Interest income: ₹3,011.07, Fees and Commission: ₹78.42, Other operating revenues: ₹7.21)
  • Other Income: ₹32.11
  • Total Income: ₹3,128.80
  • Total Expenses: ₹2,013.02 (Employee benefits: ₹394.76, Finance costs: ₹1,423.94, Depreciation: ₹78.55, Other expenses: ₹117.19)
  • Profit before tax: ₹1,115.79
  • Tax Expense: ₹302.46 (Current tax: ₹308.52, Deferred tax: (₹28.65), Income tax of previous year: ₹22.59)
  • Profit after tax: ₹813.33
  • Attributable to Owners: ₹577.46
  • Earnings per share (Basic & Diluted): ₹2.79

Half Year Ended 30 September 2026:

  • Total Income: ₹6,057.60
  • Total Expenses: ₹4,000.69
  • Profit before tax: ₹2,056.92
  • Tax Expense: ₹555.12
  • Profit after tax: ₹1,501.80
  • Attributable to Owners: ₹1,066.28
  • Earnings per share (Basic & Diluted): ₹5.14

Subsidiary Information

The consolidated results include subsidiary IFL Finance Limited (formerly known as IFL Housing Finance Limited), which contributed:

  • Total income: ₹3,109.50 lakh for period 1 April 2026 to 30 September 2026
  • Net profit after tax: ₹805.32 lakh for period 1 April 2026 to 30 September 2026

Consolidated Analytical Ratios

  • Debt Equity Ratio: 2.30 times (30 September 2026)
  • Total Debt to Total Asset: 67.64% (30 September 2026)
  • Net profit margin ratio: 24.98% (Half year ended 30 September 2026)

Subsidiary Developments

NCD Issuances

The Subsidiary Company issued multiple tranches of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures:

  • 40,000 NCDs with face value ₹10,000 each aggregating ₹4,000.00 lakhs allotted on 10 July 2026 (ISIN INE01XO07074)
  • Total listed secured NCDs outstanding: ₹21,433.64 lakh as at 30 September 2026
  • Security cover ratio of NCDs: 1.10 times or more of outstanding amount

IPO Progress

  • Shareholders approved Subsidiary IPO proposal at EGM held on 25 April 2026
  • Draft Red Herring Prospectus (DRHP) filed with regulatory authorities on 22 July 2026
  • In-principle approval received from BSE and NSE on 1 October 2026