Board Meeting Details

The Board of Directors meeting was held on Friday, 29th May 2026, commencing at 4:30 PM and concluding at 5:45 PM.

Financial Results Approval

The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2026. The statutory auditors, M/s. Banshi Jain & Associates, issued unmodified audit opinions on both standalone and consolidated financial statements.

Key Financial Figures (Standalone - Rupees in Lakhs)

Quarterly Performance (Q4 FY26 vs Q4 FY25):

  • Revenue from Operations: ₹991.24 (vs ₹977.04)
  • Total Income: ₹991.18 (vs ₹990.82)
  • Profit before tax: ₹873.80 (vs ₹281.91)
  • Net Profit: ₹828.41 (vs ₹210.40)
  • Basic EPS: ₹5.99 (vs ₹1.52)

Annual Performance (FY26 vs FY25):

  • Revenue from Operations: ₹4,024.79 (vs ₹4,833.75)
  • Total Income: ₹4,038.52 (vs ₹4,847.53)
  • Profit before tax: ₹1,678.73 (vs ₹1,337.92)
  • Net Profit: ₹1,403.76 (vs ₹996.31)
  • Basic EPS: ₹10.15 (vs ₹7.20)

Revenue Breakdown (FY26):

  • Interest Income: ₹1,149.04
  • Dividend Income: ₹14.18
  • Fees and Commission Income: ₹2,666.80
  • Other Operating Income: ₹194.77

Expense Breakdown (FY26):

  • Finance Cost: ₹68.19
  • Fees and Commission: ₹1,542.28
  • Employees Benefits Expenses: ₹697.01
  • Depreciation and Amortization: ₹58.41
  • Other Expenses: ₹697.67

Exceptional Items

The company recorded exceptional income of ₹701.00 lakhs in FY26 relating to a Bombay High Court order dated 4th December 2025 directing M/s. Kamani Tubes Limited to refund ₹701.00 lakhs paid earlier for a sub-lease property arrangement. The refund is to be made in 48 equal monthly installments commencing from 20th January 2026 and ending on 20th December 2029.

Dividend Declaration

The Board recommended a final dividend of ₹2 per equity share (face value of ₹10 each) for the financial year ended 31st March 2026, subject to approval of shareholders at the ensuing Annual General Meeting. The company will inform the AGM date and record date for dividend payment in due course.

Cash Flow Statement (Standalone - FY26)

  • Net cash used in operating activities: (₹519.23)
  • Net cash from investing activities: ₹1,123.30
  • Net cash used in financing activities: (₹341.75)
  • Net increase in cash & cash equivalents: ₹262.32
  • Closing cash & cash equivalents: ₹9,969.04

Consolidated Financial Highlights

Annual Performance (FY26 vs FY25):

  • Revenue from Operations: ₹4,025.17 (vs ₹4,834.09)
  • Total Income: ₹4,038.90 (vs ₹4,847.87)
  • Profit before tax: ₹1,671.61 (vs ₹1,337.75)
  • Net Profit: ₹1,398.67 (vs ₹996.19)
  • Basic EPS: ₹10.11 (vs ₹7.20)

The consolidated results include Joindre Capital Services Limited (holding company) and its wholly owned subsidiary Joindre Commodities Limited.

Regulatory Compliance Notes

1. The company operates as a SEBI registered Stock Broker and is not required to be registered under Section 45-1A of the RBI Act, 1934

2. Financial results prepared as per Division III applicable to Non-Banking Financial Companies (NBFC)

3. The company has no more than one reportable segment as per Ind AS 108

4. Figures for quarter ended March 31, 2026 are balancing figures between audited full year and unaudited published year-to-date figures up to December 31, 2025

Labour Code Implementation Impact

The Ministry of Labour and Employment notified that four Labour Codes came into force effective from November 21, 2025. The company is assessing the detailed rules published on December 30, 2025, and aligning HR policies, compensation structures, and compliance frameworks. The impact is anticipated in gratuity and employee benefits (revised wage definitions) and compliance (single registration framework). The company has performed initial assessment and recognized provisions where required, with final impact not expected to be material.

Capital Structure

Paid-up equity share capital remained unchanged at ₹1,383.65 lakhs (face value ₹10 per share) throughout FY26.