Board Meeting Details

The Board of Directors meeting was held on Wednesday, 27th May 2026, commencing at 05:15 PM and concluding at 6:30 PM.

Key Approvals

The Board considered and approved:

1. The Standalone and Consolidated Audited Financial Results for the Fourth Quarter and Financial Year ended 31st March 2026

Standalone Financial Results (₹ in lakh)

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹716.53
  • Interest income: ₹8.36
  • Dividend income: ₹3.18
  • Net gain on fair value changes of financial assets: ₹704.99
  • Other income: ₹1.06
  • Total income: ₹717.59
  • Total expenses: ₹270.02
  • Finance costs: ₹59.28
  • Employee benefits expenses: ₹28.77
  • Impairment of financial instruments: ₹133.57
  • Depreciation and amortization: ₹0.88
  • Other expenses: ₹47.52
  • Profit before tax: ₹447.57
  • Tax expense: ₹90.40
  • Reversal for current tax of earlier years: ₹1.81
  • Deferred tax: ₹88.59
  • Net profit after tax: ₹357.17
  • Other comprehensive loss: ₹(406.58)
  • Total comprehensive loss: ₹(49.41)
  • Basic EPS: ₹3.37
  • Diluted EPS: ₹3.37

Annual Performance (FY26)

  • Revenue from operations: ₹906.36
  • Total income: ₹907.42
  • Total expenses: ₹541.65
  • Profit before tax: ₹365.77
  • Net profit after tax: ₹275.00
  • Other comprehensive loss: ₹(336.82)
  • Total comprehensive loss: ₹(61.82)
  • Basic EPS: ₹2.59
  • Diluted EPS: ₹2.59

Comparative Figures (FY25)

  • Net loss after tax: ₹(504.12)
  • Total comprehensive income: ₹37.07
  • Basic EPS: ₹(4.31)
  • Diluted EPS: ₹(4.31)

Standalone Balance Sheet (as at 31st March 2026)

  • Total assets: ₹8,054.88 lakh
  • Financial assets: ₹7,278.93 lakh
  • Cash and cash equivalents: ₹6.06 lakh
  • Bank balance other than cash: ₹225.04 lakh
  • Loans: ₹6,929.87 lakh
  • Investments: ₹63.86 lakh
  • Other financial assets: ₹54.10 lakh
  • Non-financial assets: ₹775.95 lakh
  • Total liabilities and equity: ₹8,054.88 lakh
  • Financial liabilities: ₹2,422.81 lakh
  • Borrowings: ₹2,331.71 lakh
  • Lease liability: ₹11.47 lakh
  • Other financial liabilities: ₹79.42 lakh
  • Non-financial liabilities: ₹88.62 lakh
  • Equity: ₹5,543.45 lakh
  • Equity share capital: ₹1,060.25 lakh
  • Other equity: ₹4,483.20 lakh

Standalone Cash Flow (FY26)

  • Net cash outflow from operating activities: ₹(282.88) lakh
  • Net cash inflow from investing activities: ₹274.74 lakh
  • Net cash outflow from financing activities: ₹(45.49) lakh
  • Net decrease in cash: ₹(53.63) lakh

Consolidated Financial Results (₹ in lakh)

Quarterly Performance (Q4 FY26)

  • Revenue from operations: ₹1,106.62
  • Interest income: ₹13.03
  • Dividend income: ₹3.18
  • Fees and commission income: ₹414.47
  • Net gain on fair value changes of financial assets: ₹675.94
  • Other income: ₹58.82
  • Total income: ₹1,165.44
  • Total expenses: ₹628.94
  • Profit before share of associate/joint venture: ₹536.50
  • Share of profit of associate/joint venture: ₹(110.88)
  • Profit before tax: ₹425.62
  • Tax expense: ₹128.65
  • Net profit after tax: ₹296.97
  • Other comprehensive loss: ₹(406.77)
  • Total comprehensive loss: ₹(109.81)
  • Net profit attributable to owners: ₹264.70
  • Basic EPS: ₹2.50
  • Diluted EPS: ₹2.50

Annual Performance (FY26)

  • Total income: ₹2,717.77 lakh
  • Profit before tax: ₹720.46 lakh
  • Net profit after tax: ₹510.98 lakh
  • Total comprehensive income: ₹171.60 lakh
  • Net profit attributable to owners: ₹365.46 lakh
  • Basic EPS: ₹3.45
  • Diluted EPS: ₹3.45

Consolidated Balance Sheet (as at 31st March 2026)

  • Total assets: ₹11,376.35 lakh
  • Financial assets: ₹7,375.62 lakh
  • Non-financial assets: ₹4,000.73 lakh
  • Inventories: ₹713.41 lakh
  • Investment in associate/joint venture: ₹2,584.76 lakh
  • Total liabilities and equity: ₹11,376.35 lakh
  • Financial liabilities: ₹2,695.61 lakh
  • Non-financial liabilities: ₹370.94 lakh
  • Equity: ₹8,309.80 lakh
  • Equity attributable to owners: ₹7,441.62 lakh
  • Non-controlling interest: ₹868.18 lakh

Consolidated Entities Included

The consolidated results include:

  • Ladderup Asset Managers Private Limited (subsidiary)
  • Waterproof Corporation Private Limited (joint venture)
  • Shree Vinayak Organics (I) Private Limited (subsidiary of joint venture, till October 9, 2025)
  • Ladderup Fund Management IFSC Private Limited (step-down subsidiary, w.e.f. February 25, 2026)

Significant Events and Notes

1. The Government of India consolidated 29 labour legislations into four labour codes effective from November 21, 2025. The incremental impact has been recognized in FY26 results based on available information.

2. The joint venture company, Waterproof Corporation Private Limited, executed a Share Purchase Agreement on September 23, 2025, for the sale of its entire shareholding in Shree Vinayak Organics (India) Private Limited, completed on October 9, 2025. This resulted in a one-time gain on disposal included in the consolidated results.

3. Segment reporting shows three business segments: Investment activities, Finance activities, and Investment advisory services.

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