Kumbhat Financial Services Limited

Board Meeting Details

The Board of Directors meeting was held on Tuesday, 26th May 2026, commencing at 04:00 PM and concluding at 05:15 PM.

Key Decisions Approved

1. Financial Results Approval

The Board approved the Audited Standalone Financial Results for the Quarter and Financial Year ended 31st March 2026. The results were reviewed and recommended by the Audit Committee and approved by the Board.

2. Internal Auditor Reappointment

The Board re-appointed M/s. R V J & Company, Chartered Accountants (Firm Registration No. 024018S), as Internal Auditors of the Company for the Financial Year 2026-27.

Financial Results Summary (All figures in Indian Rupees Lakhs)

Balance Sheet Position as at March 31, 2026

Assets:

  • Total Assets: ₹2,733.81 (Previous year: ₹2,175.57)
  • Financial Assets: ₹2,700.25 (Previous: ₹2,167.65)
  • Cash and cash equivalents: ₹14.27 (Previous: ₹380.99)
  • Loans: ₹2,660.01 (Previous: ₹1,756.59)
  • Investments: ₹13.27 (Previous: ₹21.54)
  • Other Financial Assets: ₹12.70 (Previous: ₹8.53)
  • Non-Financial Assets: ₹33.56 (Previous: ₹7.92)
  • Current tax assets (Net): ₹0.01 (Previous: ₹0.00)
  • Deferred Tax Assets (Net): ₹16.35 (Previous: ₹0.00)
  • Property, plant and equipment: ₹1.18 (Previous: ₹0.52)
  • Other Non-Financial Assets: ₹16.02 (Previous: ₹7.40)

Liabilities and Equity:

  • Total Liabilities: ₹2,121.61 (Previous: ₹1,645.92)
  • Financial Liabilities: ₹2,085.20 (Previous: ₹1,614.19)
  • Trade Payables: ₹117.07 (Previous: ₹113.75)
  • Micro enterprises and small enterprises: ₹115.97 (Previous: ₹111.97)
  • Other creditors: ₹1.10 (Previous: ₹1.78)
  • Borrowings: ₹1,962.50 (Previous: ₹1,500.00)
  • Other Financial Liabilities: ₹5.63 (Previous: ₹0.44)
  • Non-Financial Liabilities: ₹36.41 (Previous: ₹31.73)
  • Provisions: ₹28.67 (Previous: ₹28.02)
  • Other Non-Financial Liabilities: ₹7.74 (Previous: ₹3.71)
  • Equity: ₹612.20 (Previous: ₹529.65)
  • Equity Share Capital: ₹532.80 (Previous: ₹532.80)
  • Other Equity: ₹79.40 (Previous: ₹(3.15))

Income Statement for Year Ended March 31, 2026

  • Total Income: ₹709.99 (Previous year: ₹192.28)
  • Total Expenses: ₹643.15 (Previous: ₹243.92)
  • Finance Cost: ₹203.01 (Previous: ₹53.16)
  • Fees and commission expenses: ₹357.69 (Previous: ₹91.26)
  • Net Loss on Fair Value Changes: ₹8.27 (Previous: ₹3.11)
  • Impairment on Financial Instruments: ₹19.90 (Previous: ₹74.49)
  • Employee benefit expenses: ₹11.31 (Previous: ₹3.09)
  • Depreciation and amortization expenses: ₹0.41 (Previous: ₹0.14)
  • Other Expenses: ₹42.56 (Previous: ₹18.67)
  • Profit before exceptional items and tax: ₹66.85 (Previous: ₹(51.64))
  • Profit before tax: ₹66.85 (Previous: ₹(51.64))
  • Tax Expense: ₹0.00 (Previous: ₹0.00)
  • Profit for the period: ₹66.85 (Previous: ₹(51.64))
  • Total Comprehensive Income for the period: ₹66.85 (Previous: ₹(51.64))

Cash Flow Statement for Year Ended March 31, 2026

  • Net Cash from Operating Activities: ₹(625.31) (Previous: ₹(1,195.48))
  • Net Cash from Investing Activities: ₹(0.90) (Previous: ₹11.04)
  • Net Cash from Financing Activities: ₹259.49 (Previous: ₹1,557.10)
  • Net decrease in Cash and cash equivalents: ₹(366.72) (Previous: ₹372.66)
  • Cash and cash equivalents at end: ₹14.27 (Previous: ₹380.99)

Audit Opinion

Joseph & Rajaram, Chartered Accountants (Firm Regn No. 001375S), issued an unmodified audit opinion on the financial results dated May 26, 2026. The opinion states that the financial results give a true and fair view in conformity with Indian Accounting Standards and comply with Regulation 33 of SEBI LODR Regulations.

Internal Auditor Reappointment Details

  • Firm: M/s. R V J & Company
  • Action: Reappointment as Internal Auditors
  • Term: Financial Year 2026-27
  • Date of Approval: May 26, 2026
  • Brief Profile: Professionally managed Chartered Accountancy firm established in 2021 by Mr. Rahul V Jain, providing accounting, tax compliance, GST services, ROC compliances, litigation, due diligence, and audit services.

Additional Information

  • The company operates in a single segment: retail loans
  • No shareholder/investor complaints received during Dec 2025-Mar 2026
  • Previous period figures have been regrouped wherever necessary
  • Financial results are available on BSE website and company website