Key Events and Approvals

  • Board of Directors meeting held on May 29, 2026 considered and approved audited financial results for quarter/year ended March 31, 2026
  • Statutory Auditors M/s. Darpan & Associates issued unmodified opinion on audited financial results
  • Audit Committee reviewed the audited results prior to board approval
  • Filed pursuant to Regulation 33(3)(d) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Financial Performance Highlights (Year Ended March 31, 2026)

  • Net profit before tax: ₹991.20 lakhs (compared to loss of ₹-407.32 lakhs in previous year)
  • Net profit for the period: ₹725.85 lakhs
  • Other Comprehensive Income: ₹-211.84 lakhs
  • Total comprehensive income: ₹514.01 lakhs (725.85 - 211.84)

Balance Sheet Position (as at March 31, 2026)

  • Total Assets: ₹7,658.69 lakhs (previous year: ₹6,622.33 lakhs)
  • Financial Assets: ₹7,059.08 lakhs (including Loans: ₹4,917.10 lakhs, Investments: ₹1,124.89 lakhs)
  • Cash and cash equivalents: ₹2.98 lakhs
  • Bank balances (other than cash equivalents): ₹223.71 lakhs
  • Bank deposits (>3 months maturity): ₹698.30 lakhs
  • Total Liabilities: ₹4,050.23 lakhs (previous year: ₹3,527.78 lakhs)
  • Borrowings (other than debt securities): ₹3,614.06 lakhs
  • Equity: ₹3,608.46 lakhs (Share capital: ₹2,022.20 lakhs, Other Equity: ₹1,586.26 lakhs)

Cash Flow Statement (Year Ended March 31, 2026)

  • Cash flow from operating activities: ₹-714.84 lakhs (negative)
  • Cash flow from investing activities: ₹772.02 lakhs (positive)
  • Cash flow from financing activities: ₹52.00 lakhs (positive)
  • Net increase in cash: ₹109.17 lakhs
  • Cash and cash equivalents at year-end: ₹226.70 lakhs

Significant Financial Items

  • Recovery of Bad Debts: ₹139.85 lakhs included in Other Income
  • Q4 FY26 Marketing expenses: ₹62.63 lakhs
  • Q4 FY26 Tech Expenses: ₹26.33 lakhs
  • Q4 FY26 Customer Verification & communication cost: ₹34.71 lakhs
  • Loan Write Offs - Bad Debts: ₹1,090.52 lakhs
  • Impairment on Financial Instruments: ₹56.39 lakhs
  • Depreciation and amortization: ₹73.72 lakhs

Operational and Business Context

  • Company primarily engaged in financing business
  • No separate reportable segments identified as per Ind AS 108 - Operating Segments
  • No interim dividend declared during the period
  • Investments in equity instruments measured at fair value with option to elect FVOCI or FVTPL on initial recognition

Auditor's Opinion Details

  • Auditors: Darpan & Associates (ICAI Firm Registration No. 016156S)
  • Audit conducted in accordance with Standards on Auditing specified under section 143(10) of Companies Act, 2013
  • Opinion: Unmodified opinion confirming financial results give true and fair view in conformity with Indian Accounting Standards
  • Figures for quarters ended March 31, 2026 and March 31, 2025 are balancing figures between audited full year and published unaudited year-to-date figures up to third quarter

Signatories and Authentication

  • Company represented by Niharika Goyal, Chief Compliance Officer (letter dated July 01, 2026)
  • Financial statements signed by Jaijash Tatia, Managing Director (DIN: 08085029)
  • Auditor's report signed by Darpan Kumar Jain, Partner (Membership No. 235817)
  • All documents digitally signed with timestamps