Key Decisions and Approvals
The Board of Directors at its meeting held on July 27, 2026 approved:
- Unaudited financial results for quarter ended June 30, 2026 along with limited review report
- Statement under Regulation 52(4) of SEBI LODR Regulations
- Security Cover Certificate as per Regulation 54 of SEBI Listing Regulations
- Statement indicating utilization of issue proceeds and deviation/variation in use of issue proceeds of non-convertible securities
- Declaration of First Interim Dividend of ₹0.25 per share on equity shares of face value of ₹10.00 each for Financial Year 2026-27
- Fixing Friday, August 7, 2026 as Record Date for determining eligible members for dividend payment
Financial Results (₹ in Lakhs)
Quarter Ended June 30, 2026 (Unaudited)
Income:
- Interest income: ₹8,512.46
- Other operating income: ₹748.35
- Total revenue from operations: ₹9,260.82
- Other income: ₹0.19
- Total income: ₹9,261.01
Expenses:
- Finance costs: ₹4,351.85
- Impairment on financial instruments: ₹790.58
- Employee benefits expenses: ₹1,696.48
- Depreciation and amortization: ₹121.01
- Other expenses: ₹690.55
- Total expenses: ₹7,650.47
Profitability:
- Profit before tax: ₹1,610.53
- Current tax: ₹405.34
- Deferred tax: (₹121.08)
- Total tax expenses: ₹284.25
- Profit after tax: ₹1,326.28
- Other comprehensive income: ₹6.44
- Total comprehensive income: ₹1,332.72
Per Share Data (face value ₹10 each):
- Basic EPS: ₹2.64
- Diluted EPS: ₹2.64
Comparative Financials
Quarter Ended March 31, 2026 (Audited):
- Profit after tax: ₹1,112.63
- Basic EPS: ₹2.21
Quarter Ended June 30, 2025 (Unaudited):
- Profit after tax: ₹975.08
- Basic EPS: ₹1.94
Year Ended March 31, 2026 (Audited):
- Profit after tax: ₹4,535.64
- Basic EPS: ₹9.03
Dividend Details
- First Interim Dividend declared: ₹0.25 per equity share
- Record Date: August 7, 2026
- Payment Date: On or before August 20, 2026
Capital Structure
- Paid-up equity share capital: ₹502.39 lakhs (face value ₹10 per share)
- Other equity (excluding revaluation reserve): Not quantified in disclosure
Key Ratios and Metrics
As of June 30, 2026:
- Debt-Equity Ratio: 3.43
- Net worth: ₹42,308.78 lakhs
- Current ratio: 1.28
- Total debts to total assets: 0.76
- Net profit margin: 17.39%
Sector Specific Ratios:
- Gross Stage 3 asset: 3.60%
- Net Stage 3 asset: 2.69%
- CRAR: 24.40%
- Liquidity Coverage Ratio: 1.52
Asset Cover Certificate
- Company maintains asset cover of more than 110% for secured NCDs
- Outstanding secured NCDs: ₹43,150 lakhs
- Outstanding unsecured NCDs: ₹2,000 lakhs
- Total listed NCDs outstanding: ₹47,465 lakhs
- Assets charged: Freehold immovable properties, current assets, cash flows and receivables
Utilization of Proceeds
- No deviation/variation in use of NCD issue proceeds from objects stated in offer document
- All funds have been utilized as per original objects
Financial Covenants Compliance
- Company has complied with all financial covenants mentioned in transaction documents:
- Maximum ratio of Par >90 net off Loan Loss Provisions to Tangible Networth: 20.00%
- Minimum capital ratio: 20.00% or regulatory minimum prescribed by RBI
- Maximum ratio of sum of Par >90 and write-offs to Gross Loan Portfolio: 8.00%
- Maximum ratio of Total Debt to Tangible Net worth: 4.00x
Auditor's Review
- KRSHNA & ASSOCIATES, Chartered Accountants conducted limited review
- Unmodified opinion issued on financial results
- Confirmed compliance with Ind AS 34 and SEBI LODR requirements
Other Significant Information
- Trading window to open from July 30, 2026 onwards
- Company maintained requisite full asset cover for secured listed NCDs
- No transfer of non-performing assets or acquisition of stressed loans during quarter
- Impairment allowances under Ind AS 109 exceed total provision required under IRACP norms
Annexures Included
1. Statement of financial results for quarter ended June 30, 2026
2. Security Cover Certificate for listed non-convertible debentures
3. Utilization of issue proceeds statement
4. Deviation/variation statement (nil deviation)