Key Financial Figures (Quarter Ended June 30, 2026)

Income Statement:

  • Revenue from Operations: ₹247.32 lakh
  • Other Income: ₹0.36 lakh
  • Total Income: ₹247.68 lakh
  • Finance Costs: ₹118.98 lakh
  • Employee Benefit Expense: ₹82.83 lakh
  • Depreciation & Amortization: ₹5.92 lakh
  • Provisions for Standard Assets and NPA: -₹27.54 lakh (negative provision)
  • Other Expenses: ₹63.94 lakh
  • Total Expenditure: ₹244.13 lakh
  • Profit Before Tax: ₹3.55 lakh
  • Tax Expense: Current Tax ₹0.00 lakh, Deferred Tax ₹1.70 lakh, Tax Adjustment of Earlier Years -₹4.36 lakh
  • Net Profit After Tax: ₹6.21 lakh
  • Other Comprehensive Income: ₹0.04 lakh
  • Total Comprehensive Income: ₹6.25 lakh

Balance Sheet & Ratios:

  • Paid-up Share Capital: ₹1,428.18 lakh (unchanged)
  • Earnings Per Share: Basic ₹0.04, Diluted ₹0.04
  • Total Net Worth: ₹3,861.48 lakh
  • Debt Equity Ratio: 1.09
  • Total Debts to Total Assets: 43.05%
  • Operating Margin: 1.44%
  • Net Profit Margin: 2.51%
  • Gross NPA: 2.68%
  • Net NPA: 1.92%
  • Provision Coverage Ratio: 100.00%
  • Assets Under Management: ₹4,858 lakh (decreased from ₹4,867 lakh in previous quarter)

Board Meeting Details

Meeting Date: August 12, 2026

Time: 4:30 PM to 6:00 PM

Approved Items:

1. Un-audited Financial Results for Q1 ended June 30, 2026 with Limited Review Report by H K Shah & Co.

2. Convening of 36th Annual General Meeting on September 11, 2026 through VC/OAVM

3. Cut-off date for AGM notice: August 7, 2026

4. Re-appointment of Mr. Mahesh Shah (DIN: 07014807) as Non-Executive Independent Director for 5 years

5. Re-appointment of Mr. Mitesh M. Pujara (DIN: 02143047) as Whole-Time Director for 3 years

6. Appointment of Mr. Mahesh Pujara (DIN: 01985578) as Managing Director for 3 years with remuneration approval

Director Profiles

Mr. Mahesh Shah: Chartered Accountant with 30+ years experience in portfolio management, budgeting, and financial planning. Previously served as ERP coordinator for 2 years.

Mr. Mitesh M. Pujara: 20 years experience in financial sector and capital markets. Son of Mr. Mahesh N. Pujara, Director and CEO.

Mr. Mahesh Pujara: 42 years experience in financial services including 14 years in affordable housing finance. Father of Mr. Mitesh M. Pujara.

Auditor's Review Report

Auditor: H K Shah & Co. (FRN: 109583W)

Report Date: August 12, 2026

Conclusion: Unqualified opinion - nothing came to attention suggesting material misstatement

Emphasis of Matters:

1. Going-concern view improving but revenue needs further increase

2. Company possesses collaterals under SARFAESI Act, with surplus funds returned to customers

3. Properties under legal repossession treated as assets held for sale