Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Date of Board Meeting / Approval: July 29, 2026 (commenced at 1:00 PM IST, concluded at 2:45 PM IST)
Audit Opinion: Unmodified opinion on both standalone and consolidated financial results
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern
Key Financial Highlights [₹ in Lakhs]
Standalone Results:
Revenue from Operations: ₹36,382 lakhs (Q1 FY27)
- Interest Income: ₹32,993 lakhs
- Fees and Commission Income: ₹2,445 lakhs
- Net Gain on Fair Value Changes: ₹944 lakhs
Total Income: ₹36,667 lakhs (including Other Income of ₹285 lakhs)
Net Profit: ₹1,144 lakhs
EPS: Basic and Diluted ₹0.71 (not annualized)
Other Equity: Not specified for current quarter (FY26: ₹3,61,604 lakhs)
Cash and Cash Equivalents: Not directly specified in standalone results
Debt: Not directly specified in standalone results
Consolidated Results:
Revenue from Operations: ₹36,387 lakhs (Q1 FY27)
- Interest Income: ₹32,998 lakhs
- Fees and Commission Income: ₹2,445 lakhs
- Net Gain on Fair Value Changes: ₹944 lakhs
Total Income: ₹36,672 lakhs (including Other Income of ₹285 lakhs)
Net Profit: ₹1,147 lakhs (attributable to owners)
EPS: Basic and Diluted ₹0.71 (not annualized)
Other Equity: Not specified for current quarter (FY26: ₹3,62,108 lakhs)
Cash and Cash Equivalents: Not directly specified in consolidated results
Debt: Not directly specified in consolidated results
Financial Performance Comparison:
The company showed significant improvement from loss-making positions in previous quarters:
- Q1 FY27 Net Profit: ₹1,144 lakhs (standalone) vs Q1 FY25 Net Loss: ₹(42,396) lakhs
- The improvement is primarily due to reduced impairment costs of ₹8,145 lakhs in Q1 FY27 compared to ₹51,727 lakhs in Q1 FY25
Segment-wise Performance:
The Group is engaged primarily in the business of financing in India with no separate reportable segments as per Ind AS 108.
Corporate Actions:
Dividend: Not declared
Share Issuance: Allotted 47,741 equity shares of ₹10 each fully paid on exercise of stock options by employees
Capital Raising: Board approved issuance of Non-Convertible Debentures up to ₹6,000 crores through private placement, subject to shareholder approval
Other Significant Information:
Annual General Meeting: 17th AGM scheduled for September 25, 2026 at 11:00 AM through Video Conferencing
Subsidiary Information: Consolidated results include IndoStar Asset Advisory Private Limited (subsidiary) with revenue of ₹4.81 lakhs and net profit of ₹3.16 lakhs for the quarter
Asset Quality: Gross Stage 3 at 4.84%, Net Stage 3 at 2.48%, Capital to Risk-weighted Assets Ratio at 34.81%
Exceptional Items: Previous year included gain of ₹1,17,595 lakhs on divestment of Niwas Housing Finance Limited subsidiary