Key Quantitative Figures

Financial Results for Quarter Ended June 30, 2026 (Standalone, Un-audited, Rs. in lakhs):

  • Revenue from Operations: ₹5,201.64
  • Interest Income: ₹4,515.44
  • Net gain on derecognition of financial instruments: ₹257.39
  • Net gain on Fair Value Changes: ₹408.23
  • Other component: ₹20.58
  • Other Income: ₹10.31
  • Total Income: ₹5,211.95
  • Expenses: ₹5,187.71
  • Finance cost: ₹2,110.00
  • Impairment on financial instruments: ₹219.12
  • Employee benefit expense: ₹2,076.38
  • Depreciation and amortisation expense: ₹255.10
  • Other expenses: ₹527.11
  • Profit before tax: ₹24.24
  • Tax Expense: ₹3.54 (Deferred Tax)
  • Profit after tax: ₹20.70
  • Other Comprehensive Income (Net of Tax): ₹0.00
  • Total Comprehensive Income: ₹20.70
  • Paid-up Equity Share Capital (Face Value ₹10): ₹6,980.92
  • Other Equity: ₹22,641.60
  • Earnings per share (not annualized):
  • Basic: ₹0.03
  • Diluted: ₹0.03

Key Ratios (as at June 30, 2026):

  • Debt-equity ratio: 2.20
  • Total debts to total assets: 0.66
  • Net worth: ₹29,648.01 lakhs
  • Gross Stage 3 Assets Ratio: 0.73%
  • Net Stage 3 Assets Ratio: 0.36%
  • Capital to risk weighted assets ratio: 28.65%
  • Security cover over listed non-convertible debentures: 1.10 times
  • Net profit margin: 0.40%
  • Net profit after tax: ₹20.70 lakhs

Loan Portfolio Details (Quarter Ended June 30, 2026):

  • Transfer of loans through Assignment (not in default):
  • Aggregate principal outstanding: ₹1,604 lakhs
  • Weighted average Maturity: 4.41 years
  • Weighted average Holding period: 0.91 years
  • Retention of Beneficial economic interest: 10%
  • Coverage of Tangible security: Nil
  • Rating: Non-rated
  • Stressed loans transferred:
  • No. of accounts: 4,517
  • Aggregate principal outstanding: ₹4,750 lakhs
  • Weighted average residual tenor: 15.31 months
  • Net book value at transfer: ₹3,471 lakhs
  • Aggregate consideration: ₹3,300 lakhs
  • Additional consideration from earlier years: Nil
  • Stressed loans acquired:
  • No. of accounts: 2,471
  • Aggregate principal outstanding: ₹1,644 lakhs
  • Aggregate consideration: ₹0.02 lakhs
  • Additional consideration from earlier years: Nil

Listed Debt Securities Outstanding (as at June 30, 2026):

Aggregate issued amount of listed Non-Convertible Debentures (NCDs): ₹352.00 crores across multiple issuances with varying interest rates (10.20% to 12.55% p.a.) and face values (₹10,000 or ₹1,00,000).

Dates of Action

  • Board Meeting: August 12, 2026 (commenced 04:45 PM, concluded 05:15 PM)
  • Financial Results Period: Quarter ended June 30, 2026
  • Re-appointment Effective Date: September 15, 2026

Parties Involved

  • Statutory Auditors: M/s. Gaur & Associates (FRN: 005354C)
  • Debenture Trustees: Catalyst Trusteeship Limited and IDBI Trusteeship
  • Key Personnel: Mr. Deepak Aggarwal (Co-CEO, CFO & Whole Time Director), Mr. Lalit Sharma (Company Secretary)
  • Regulators: SEBI, Reserve Bank of India (RBI)

Purpose/Rationale

  • Financial Results: Regular quarterly reporting as per SEBI LODR Regulations.
  • Fundraising Authorization: To enable future fundraising through NCDs, commercial papers, and other securities for business needs.
  • Re-appointment: Continuity of leadership with Mr. Deepak Aggarwal's proven experience in financial services and relationships with PE firms, private banks, NBFCs, and debt funds.

Financial/Operational Impact

  • The financial results show the company's operational performance for Q1 FY27.
  • The fundraising authorization creates potential for future capital inflow of up to ₹1,200 crore.
  • The re-appointment ensures management continuity.

Capital Structure Impact

  • The proposed fundraising through NCDs and other securities would increase debt but is subject to member approval.
  • No immediate impact on equity share capital from the resolutions passed.

Cash Flow Implications

  • Not explicitly quantified in the disclosure for the fundraising authorization.

Forward-looking Guidance

  • No explicit forward-looking guidance or management commentary provided in the document.

Material Changes

  • Financial figures are presented for the current quarter with comparative figures for previous periods, but no specific material changes are highlighted in the narrative.