Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing: Outcome of Board Meeting and Financial Results
Audit Opinion:
Clean/Unmodified opinion from statutory auditors Sorab S. Engineer & Co. for both standalone and consolidated financial results
Key Financial Highlights [₹ in crores]:
Standalone Results:
- Revenue from Operations: ₹530.32 crore (19.74% YoY growth from ₹442.89 crore in Q1 FY26)
- Total Income: ₹530.32 crore
- Net Profit: ₹104.60 crore (24.67% YoY growth from ₹83.90 crore in Q1 FY26)
- EPS: ₹5.76 (Basic and Diluted)
- Other Equity: ₹2,771.18 crore (as of March 31, 2026)
- Assets Under Management: ₹15,146.73 crore (21.13% YoY growth from ₹12,504.60 crore)
Consolidated Results:
- Revenue from Operations: ₹562.46 crore
- Total Income: ₹561.92 crore
- Net Profit: ₹110.15 crore (27.21% YoY growth from ₹86.59 crore in Q1 FY26)
- EPS: ₹5.98 (Basic and Diluted)
- Other Equity: ₹2,792.76 crore (as of March 31, 2026)
- Assets Under Management: ₹16,122.75 crore (21.24% YoY growth from ₹13,298.50 crore)
Segment-wise Performance:
Financing Activities:
- Segment Revenue: ₹560.13 crore (Q1 FY27)
- Segment Profit before tax: ₹145.95 crore (Q1 FY27)
Others (Insurance Broking):
- Segment Revenue: ₹1.79 crore (Q1 FY27)
- Segment Profit before tax: ₹7.72 crore (Q1 FY27)
Asset Quality Metrics (Standalone):
- Gross Stage 3: 2.58%
- Net Stage 3: 1.70%
- Capital to Risk-Weighted Assets Ratio: 23.25%
- Management Overlay: ₹17.60 crore (0.14% of on-book assets)
Corporate Actions:
- Dividend: Board recommended dividend declaration (amount not specified in this document)
- Register of Members & Share Transfer Books will remain closed from August 27, 2026 to September 2, 2026 for dividend purpose
- Remote e-voting period: August 29, 2026 (9:00 AM) to September 1, 2026 (5:00 PM)
Management Changes:
- Re-appointment of Mrs. Darshana Pandya (DIN: 07610402) as Director recommended for shareholder approval
- Re-appointment of Ms. Riddhi Bhayani as Chief Compliance Officer for 5 years effective September 28, 2026
- Promotion of Mr. Nishant Jain to Director - Operations from Chief Risk Officer effective September 1, 2026
- Promotion of Mr. Darshil Thakkar to Chief Risk Officer from Head - Credit effective September 1, 2026
- Mr. Bharat Aswani assigned additional responsibilities of Head - Credit
Other Significant Information:
- 31st Annual General Meeting scheduled for September 2, 2026 at 11:30 AM through VC/OAVM
- Company redeemed 3,33,333 optionally convertible preference shares of MAS Rural Housing & Mortgage Finance Limited on June 23, 2026
- Portfolio composition: Micro-Enterprise Loans (₹6,152.92 crore), SME Loans (₹5,484.65 crore), 2-Wheeler Loans (₹1,039.02 crore), Commercial Vehicle Loans (₹1,095.82 crore), Salaried Personal Loans (₹1,374.32 crore)
- 32.96% of total underlying assets are through various NBFCs