Company Overview
KJMC Financial Services Limited, a Non-Deposit taking NBFC registered with RBI, submitted its 38th Annual Report for FY 2025-26 to BSE under SEBI Regulation 34 and reported audited consolidated financial statements for the year ended March 31, 2026.
Financial Performance
Profitability: The company reported strong growth with consolidated net profit of ₹17.3 crore for FY26, representing a 101% increase from ₹8.5 crore in FY25. Standalone net profit stood at ₹16.3 million. Revenue from operations reached ₹65.01 crore (consolidated) and ₹59.34 million (standalone).
Investment Performance: Despite operational profitability, the company recorded massive unrealized investment losses of ₹844.3 crore through Other Comprehensive Income (OCI), resulting in a total comprehensive loss of ₹749.0 crore for the fiscal year.
Capital Structure: Borrowings increased significantly to ₹133.2 crore from ₹40.8 crore YoY, raising the gearing ratio to 13.54% from 3.29%. The company proposed NCD issuance of ₹50 crore on private placement basis and sought approval for ₹100 crore related party transactions with KJMC Capital Market Services.
Corporate Actions & Governance
The Board recommended a dividend of ₹1 per equity share, with record date set for September 21, 2026 and payment on or before October 27, 2026. Multiple director appointments were proposed, including re-appointment of Mr. Rajnesh Jain as Whole-Time Director for 3 years with maximum remuneration of ₹1.20 crore per annum.
Subsidiary Performance
The consolidated results include KJMC Trading & Agency Limited (wholly owned subsidiary) with net profit of ₹0.85 million, KJMC Investments Company (90% owned step-down subsidiary) with assets of ₹211.55 crore, and associate KJMC Platinum Builders Private Limited reporting net loss of ₹0.49 million.
Risk Management & Compliance
The company maintained compliance with RBI NBFC Master Directions, Companies Act 2013, and SEBI regulations. Credit risk exposure showed loans outstanding of ₹114.49 crore with allowance for credit loss of ₹29.89 lakh. Liquidity risk management indicated contractual maturities of ₹64.10 crore due within 1 year.
Forward Outlook
Management expects better performance in coming years due to stable government and economic outlook, with plans for expansion in lending, financing and investment activities. The AGM is scheduled for September 28, 2026 through video conferencing.