Board Meeting Details

The Board of Directors meeting was held on October 29, 2026, commencing at 11:30 a.m. IST and concluding at 12:15 p.m. IST. The trading window for dealing in securities will reopen on Sunday, November 1, 2026.

Standalone Financial Results (in Lakhs)

Revenue Performance

  • Q2 FY27 Total Revenue: ₹16,658.63
  • Interest income: ₹3,375.94
  • Dividend income: ₹12,994.06
  • Pledge fees: ₹72.73
  • Management advisory services fees: ₹161.10
  • Gain on fair value changes: ₹54.80
  • H1 FY27 Total Revenue: ₹20,117.04
  • Interest income: ₹6,592.39
  • Dividend income: ₹12,994.06
  • Pledge fees: ₹149.62
  • Management advisory services fees: ₹322.20
  • Gain on fair value changes: ₹58.77

Expense Breakdown

  • Q2 FY27 Total Expenses: ₹496.55
  • Employee benefits: ₹353.97
  • Depreciation: ₹0.20
  • CSR expenses: ₹71.75
  • Other expenses: ₹70.63
  • H1 FY27 Total Expenses: ₹1,064.28
  • Employee benefits: ₹808.76
  • Depreciation: ₹0.39
  • CSR expenses: ₹123.00
  • Other expenses: ₹132.13

Profitability

  • Q2 FY27 Profit before tax: ₹16,162.08
  • Q2 FY27 Tax expense: ₹4,097.00
  • Current tax: ₹4,100.00
  • Deferred tax: (₹3.00)
  • Q2 FY27 Net profit: ₹12,065.08
  • H1 FY27 Net profit: ₹14,212.16

Other Comprehensive Income

  • Q2 FY27: ₹36,188.35 (primarily fair value changes in equity instruments of ₹42,226.78)
  • Total Comprehensive Income Q2 FY27: ₹48,253.43

Earnings Per Share

  • Basic EPS Q2 FY27: ₹108.71
  • Diluted EPS Q2 FY27: ₹108.71

Consolidated Financial Results (in Lakhs)

Revenue Performance

  • Q2 FY27 Total Revenue: ₹16,658.63 (same as standalone)
  • H1 FY27 Total Revenue: ₹20,117.04 (same as standalone)

Share of Associates' Profit

  • Q2 FY27: ₹1,023.15
  • H1 FY27: ₹1,329.64

Profitability

  • Q2 FY27 Profit before tax: ₹17,185.23
  • Q2 FY27 Tax expense: ₹4,097.00
  • Q2 FY27 Net profit: ₹13,088.23
  • H1 FY27 Net profit: ₹15,541.80

Other Comprehensive Income

  • Q2 FY27: ₹43,082.78
  • Total Comprehensive Income Q2 FY27: ₹56,171.01

Earnings Per Share

  • Basic EPS Q2 FY27: ₹117.93
  • Diluted EPS Q2 FY27: ₹117.93

Balance Sheet Highlights (Standalone)

  • Total Assets as of Sep 30, 2026: ₹39,33,192.76
  • Financial assets: ₹39,33,183.59 (including investments ₹37,83,951.20)
  • Non-financial assets: ₹9.17
  • Equity as of Sep 30, 2026: ₹34,70,154.92
  • Share capital: ₹1,109.91
  • Other equity: ₹34,69,045.01

Cash Flow Statement (Standalone H1 FY27)

  • Net cash from operating activities: ₹12,253.19
  • Net cash used in investing activities: (₹12,454.40)
  • Net decrease in cash: (₹201.21)
  • Cash equivalents at period end: ₹57.46

Exceptional Items

The company recognized a provision of ₹244.34 lakhs during FY 2025-26 towards estimated incremental gratuity liability for past service cost due to implementation of new Labour Codes notified on November 21, 2025.

Segment Information

The company is engaged in the business of Investing and Financing and has only one reportable segment.

Auditors' Review

HPV S & Associates issued limited review reports for both standalone and consolidated financial results, stating nothing came to their attention causing belief that the statements contain material misstatements.