Mantra Capital Q2 Net Profit Rs 1.82 Crore

Key Financial Results (Quarter Ended September 30, 2026)

Total Revenue: ₹587.64 lakh
Total Expenses: ₹1,149.95 lakh
Profit/(Loss) before tax: (₹562.31) lakh
Tax Expense: Deferred tax benefit of ₹744.78 lakh
Profit/(Loss) after tax: ₹182.47 lakh (Net Profit)
Earnings per share (Basic): ₹0.54
Earnings per share (Diluted): ₹0.52

Key Financial Results (Half Year Ended September 30, 2026)

Total Revenue: ₹1,175.83 lakh
Total Expenses: ₹2,126.48 lakh
Profit/(Loss) before tax: (₹950.65) lakh
Tax Expense: Deferred tax benefit of ₹737.42 lakh
Profit/(Loss) after tax: (₹213.23) lakh (Net Loss)
Earnings per share (Basic): (₹0.63)
Earnings per share (Diluted): (₹0.63)

Revenue Breakdown (Quarter Ended September 30, 2026)

Interest Income: ₹539.87 lakh
Fees and commission income: ₹34.18 lakh
Marked to Market gain on Investments: ₹3.73 lakh
Other Operating Income: ₹9.86 lakh
Other Income: ₹0.00 lakh

Expense Breakdown (Quarter Ended September 30, 2026)

Employee Benefit expenses: ₹466.00 lakh
Finance Costs: ₹292.30 lakh
Impairment on financial instruments: ₹36.11 lakh
Depreciation and Amortization: ₹8.36 lakh
Legal & Professional Expenses: ₹102.14 lakh
Loan Default Expenses: ₹141.10 lakh
Other Expenditure: ₹103.94 lakh

Balance Sheet Highlights (As at September 30, 2026)

Total Assets: ₹12,229.60 lakh
Financial Assets: ₹11,199.31 lakh (including Cash ₹921.54 lakh, Loans ₹10,042.37 lakh)
Non-Financial Assets: ₹1,030.29 lakh (including Deferred Tax Asset ₹753.04 lakh)
Total Liabilities: ₹7,954.52 lakh (Financial) + ₹147.96 lakh (Non-Financial)
Equity: ₹4,127.13 lakh (Share Capital ₹3,738.62 lakh + Other Equity ₹388.51 lakh)

Cash Flow Highlights (Half Year Ended September 30, 2026)

Net cash used in Operating Activities: (₹229.39) lakh
Net cash from Investing Activities: ₹1,261.58 lakh
Net cash used in Financing Activities: (₹391.71) lakh
Net increase in cash: ₹640.48 lakh
Cash position at period end: ₹921.54 lakh

Corporate Actions and Capital Changes

1. Warrant Conversion: During the quarter, the Company converted 15,00,000 share warrants issued to Deepa Tracy (Managing Director) into equity shares. Allotted 15,00,000 fully paid-up equity shares of face value ₹10 each at an issue price of ₹20 per share (including securities premium of ₹10 per share) on preferential basis, pursuant to Board Resolution dated April 8, 2026.

2. Sweat Equity Allotment: During the quarter, the Company allotted 1,06,666 sweat equity shares of face value ₹10 each to Mr. Jatinder Mohan Singh Shah, CEO, without consideration, as performance-linked remuneration. Allotment was pursuant to shareholders' approval dated September 25, 2025 and Board Resolution dated July 17, 2026.

3. Share Capital Increase: Paid-up equity share capital increased from ₹3,199.09 lakh (March 31, 2026) to ₹3,738.62 lakh (September 30, 2026).

Significant Accounting Treatment

Deferred Tax Asset Recognition: During the quarter, the Company reassessed its deferred tax position based on historical performance of last six quarters. Management concluded that sufficient future taxable profits will be available against which carried forward tax losses and unabsorbed depreciation can be utilized. Accordingly, recognized deferred tax asset of ₹737.08 lakh during the quarter. This is a change in accounting estimate under Ind AS 8 applied prospectively.

Regulatory and Compliance Information

The results were reviewed by the Audit Committee and approved by the Board of Directors on October 26, 2026
Statutory auditors (Jayantilal Thakkar & Co.) carried out Limited Review of the financial results
Company is registered with RBI as Non-Banking Financial Company (NBFC)
Disclosure of ratios not applicable as per proviso to Regulation 52(4) of SEBI LODR
No separate reportable segments as company engaged only in financial services
No subsidiaries, associates or joint ventures during the period

Meeting Details

Board meeting held on October 26, 2026
Commenced at 11:30 am and concluded at 1:10 pm